Total Credits: 1.2 MCLE
Crafting a corporation’s capital structure to harmonize competing economic interests is among the most challenging aspects of corporate formation. Certain investors want preferred returns of capital and “protective” rights in the form of enhanced voting rights. They also want a senior claim to the corporation’s assets on liquidation. But common stock is often the largest tranche of a corporation’s capital structure and its claims cannot be entirely truncated in preference of preferred stock. This program will provide you with a practical guide to drafting corporate common and preferred stock, with an emphasis on drafting preferred returns.
Materials | Available after Purchase |
MCLE Form (501.9 KB) | Available after Purchase |