News & Insights

EFE training with Charles-Emmanuel Prieur

Charles-Emmanuel Prieur, partner at UGGC Avocats, will be speaking at the conference on fundraising, with a particular focus on raising capital and investor protection.

It will address issues such as :

  • Pre-money valuation: how is it determined and what legal provisions apply to the calculation of the issue premium?
  • Which shares should be issued between ordinary shares, preference shares and SAS shares: 3 independent regimes?
  • Multi-tranche fundraising: which tools to use?
  • Stability of share capital: what are the tools for controlling share capital and what are the clauses relating to share transfers?
  • Drafting a preferential liquidation clause: what legal limit should be applied? What are the new market practices: simple liquid pref with catch-up clause or “double dip”?
  • Preferential liquidation: How can several levels of preferential liquidation coexist?
  • BSA Ratchet: what use is it for fundraising and what limits should be set?
  • Investor protection: how to draw up a guarantee of assets and liabilities?
  • Indemnification of the investor: How can “guaranteed” warrants be structured to indemnify the investor under a guarantee of assets and liabilities?
  • Liquidity: what are the liquidity and withdrawal clauses sanctioned in a shareholders’ agreement?