Магистратура
2022/2023
Проектный семинар "Сделки по слияниям и поглощениям в международном частном праве"
Статус:
Курс обязательный (Международное частное право и международный коммерческий арбитраж)
Направление:
40.04.01. Юриспруденция
Кто читает:
Департамент правового регулирования бизнеса
Где читается:
Факультет права
Когда читается:
2-й курс, 2 модуль
Формат изучения:
без онлайн-курса
Охват аудитории:
для всех кампусов НИУ ВШЭ
Преподаватели:
Кроль Константин Ильич
Прогр. обучения:
Международное частное право и международный коммерческий арбитраж
Язык:
английский
Кредиты:
4
Контактные часы:
20
Course Syllabus
Abstract
Academic course «Проектный семинар «Сделки по слияниям и поглощениям в международном частном праве» (Project seminar “Mergers and Acquisitions transactions (M&A) in Private International Law”) is devoted to advanced studies of contemporary matters of theory and practice of mergers, acquisitions and JV transactions in private international law. Mergers and acquisitions (M&A) and joint ventures (JVs) are the driving force of business development and growth of any market economy. These transactions are subject to complex legal regulation and are performed in the context of sophisticated and well-established market practice. The aim of the Course is to, inter alia:
- familiarize the students with the main trends in structuring, negotiating and documenting M&A (mergers and acquisitions) and JV (joint venture) transactions in the international practice and in the Russian market;
- familiarize the students with the structure of the standard market legal documentation documenting the M&A and JV transactions, the main legal concepts (e.g., warranties, indemnities, disclosure, conditions precedent/subsequent, closing) and common provisions as well as the relevant legal vocabulary and market “jargon”;
- discuss and compare the advantages and disadvantages of structuring M&A and JV transactions under Russian law as compared to English law (English law being a predominant choice of law for most of the cross-border M&A and JV transactions);
- focus on the development of contemporary Russian civil and corporate law with the emphasis on recently introduced concepts traditional to English law;
- discuss the applicability of the anti-monopoly regulations, strategic industries regulations and other related laws and regulations in the context of the M&A and JV transactions; and
- discuss the available choices for dispute resolution in connection with the M&A and JV translations.
The course will also analyse the main international treaties applicable to the relevant transactions (e.g., the New York Convention of 1958 on the Recognition and Enforcement of Foreign Arbitral Awards), some of the national legislative acts and foreign and domestic court judgments. Thus, the course will include elements of private international law and comparative law. Besides, it will also contain elements of international law – to the extent it relates to the implementation of cross-border M&A and JV transactions.
The course provides for the active participation of students in seminars, writing an essay and an exam in the form of a business game. There are no blocking elements of control. The course requires the students to have basic knowledge of law, sufficient level of English (to read legal sources, write essays and participate in class discussions), as well as other skills acquired during their studies at the university. Additional background in civil law, private international law and international procedure is welcome, although not mandatory for the course.
Learning Objectives
- The aim of the course is to provide students with a theoretical and practical understanding of the Russian and international regulatory framework for cross-border M&A and JV transaction. In particular, a special emphasis is put to: enable students to apply relevant provisions of the Russian civil, corporate, anti-monopoly, banking and strategic industries laws and regulations in the context of the M&A and JV transactions, whether Russian or cross-border; understand the main principles of English law relevant to M&A and JV transactions governed by English law; compare the relevant provisions of Russian and English law; prepare the students to apply their academic knowledge in practice (in-house or private legal practice), including conducting due diligence, carrying out legal research and solving practical cases in this field.
Course Contents
- Subject-matter, basic principles and sources of Regulation
- Structure and key stages of M&A and JV transactions
- Negotiation strategies and main problems
- Documenting an M&A or JV transaction
- Choice of applicable law and judicial protection
Assessment Elements
- Attendance, active participation and in-class discussion
- Essay
- Written and oral exam
