87513 - Law and Practice of Financial Transactions

Academic Year 2022/2023

  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Law, Economics and Governance (cod. 5811)

    Also valid for Second cycle degree programme (LM) in Law and Economics (cod. 5913)

Learning outcomes

At the end of the module, students: - know the regulatory, legal and contractual issues relating to transactions undertaken by companies and other institutions in order to raise funds in international capital markets with a view to diversifying their capital structure and reducing the risks associated with it; - can apply knowledge and understanding of the basic principles of the law and the practice of major structure finance transactions; investigate and analyze complex information, problems, and concepts with regard to regulatory, legal and commercial aspects of various forms of debt finance and securities offerings; use cognitive and technical skills to evaluate contractual documents and financial reporting relevant to international financial transactions as they are shaped in market practice.

Course contents

The course is divided in three parts, each one related to a particular type of selected financial transactions. The first part is devoted to public and private, equity and debt securities offerings. The second part examines venture capital contracting. The third part studies corporate takeovers by means of mergers and acquisitions. Each part begins with a brief description of the nature of the transactions at stake, proceeds with a theoretical introduction to the regulatory framework (including judicial cases, if applicable), and then concludes by analysing contractual documentation.

Readings/Bibliography

Readings will be listed ahead of the beginning of the course and will be made available on Virtuale.

Teaching methods

Each lecture will be dedicated to a specific topic. After introducing the topic and pointing out all relevant issues pertaining thereto, the lecturer will invite the class to actively participate and debate.

Assessment methods

Written exam consisting of essay-type questions.

Teaching tools

In addition to regular reading materials the lecturer will use slides, which will be made available to students before class and then shown and discussed in class.

Office hours

See the website of Alessandro Pomelli