Handling the Sale of a Business

$195.00

CLE Credits earned: 2 GEN

In this seminar, we will deepen our understanding of mergers and acquisitions for mid-market, privately-owned businesses. Veteran transactional lawyer Bill McComas will cover every stage of an acquisition, from drafting a teaser summary to financing, to business valuation, due diligence, structuring the agreement, and closing the transaction.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

•   Enhance your knowledge of the overall buying and selling process
•   Preparing the letter of intent and evaluating finance options
•   Conducting due diligence and identifying common issues
•   Master the skill of structuring purchase agreements, including stock and asset purchase agreements

Date / Time: December 13, 2018

•   10:00 am – 12:00 pm Eastern
•   9:00 am – 11:00 am Central
•   8:00 am – 10:00 am Mountain
•   7:00 am – 9:00 am Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

Clear

Original Broadcast Date: December 13, 2018

William A. McComas, Esq. is a partner at the Maryland law firm of Bowie & Jensen, LLC. He concentrates on assisting entrepreneurs, investors, and companies of all sizes in acquiring, financing, commercializing, and protecting emerging technology. He represents companies in complex business transactions, including mergers, acquisitions, strategic alliances, financings, venture-capital investments, the management and disposition of technology, and general corporate matters. Mr. McComas earned his bachelor’s degree from Brown University, and his J.D. degree, cum laude, from the University of Baltimore School of Law. He is a speaker and panelist at many forums for business, technology, and industry professionals, and he has written and testified extensively on policies involving the convergence of technology, business, and law. Mr. McComas is a frequent columnist for publications such as The National Law Journal, Baltimore Business Journal, and The Daily Record, among others.

Accreditation Policy
myLawCLE seeks accreditation for all programs in all states. (Accreditation for paralegals sought thru NALA and NFPA paralegal associations.) Each attending attorney/paralegal will receive a certificate of completion following the close of the CLE program as proof of attendance. In required states, myLawCLE records attorney/paralegals attendance, in all other states attorney/paralegal is provided with the approved CLE certificate to submit to their state bar or governing association.

Automatic MCLE Approvals
All myLawCLE CLE programs are accredited automatically either directly or via reciprocity in the following states: AK, AL, AR, CA, CO, CT, FL, GA, HI, ME, MO, MS, MT, ND, NH, NM, NJ, NY, PA, PR, SD, UT, WV, WY and VT. (AZ does not approve CLE programs, but accepts our certificates for CLE credit.)

Applied MCLE Approvals
myLawCLE seeks approval via application in all other states that are not automatically approved through myLawCLE’s state accreditation. (Some states may take up to 4 weeks to send in final accreditation, however attendees will receive accreditation according to the date the class was taken—the state of VA may take up to 12 weeks.)

Accreditation on Formats: Live Video Broadcasts, “Live” Re-Broadcasts and On-Demand CLEs

Live Video Broadcasts
Live video broadcasts are new live CLE programs being streamed and recorded for the first time. All of these programs qualify for “Live” CLE credit in all states except LA and PA—these two states require in-person attendance to qualify for “Live” CLE credit.

“Live” Re-Broadcasts
“Live” Re-broadcasts are replays of previous recorded CLE programs, set on a specific date and time and where the original presenting speakers calls in live at the end of the event to answer questions. This “live” element allows for “live” Re-broadcast CLEs to qualify for “Live” CLE credits in most states. [The following states DO NOT allow for “live” CLE credits on re-broadcast CLEs: NM and LA.]

On-Demand CLEs
On-demand CLE classes are available 24/7 via the myLawCLE portal. Attendance to these classes is monitored and recorded via our login process and a certificate of completion is issued upon the close of viewing the program. These CLEs can be viewed at anytime and only qualify for self-study CLE credits.

Reciprocity
Many states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, CT, FL, GA, ME, MO, MT, ND, NH, NJ, NY, PR, SD and WV. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

myLawCLE Credit Guarantee
Additionally, on all online CLE programs application for approval will be made in all states where attending attorneys are primarily licensed in. If a registered attorney does not receive credit from their state for any reason, a full refund will be granted.

Section I. Vital First Steps of an Acquisition
a) Drafting a teaser summary
b) Creating a non-disclosure agreement
c) Drafting a letter of intent
d) Conducting due diligence

Section II. Financing Options

Section III. Tax-Saving Structures and Strategies for Attorneys

Section IV. Structuring and Drafting the Acquisition Agreement
a) Stock and equity purchase agreements
b) Asset purchase agreements
c) General considerations