The Euromoney Legal Training Winter School covers in five days a substantial range of topics including international borrowing & lending, capital markets, swaps & swap derivatives, project financing & asset securitisation. The Winter School focuses on the legal & contractual framework governing many international financial transactions.
Throughout the five days, lecture and workshop sessions will alternate, providing you with several opportunities to participate actively in documentation exercises and enhance your ability in solving practical problems.
Prior to the course participants will receive a study pack, which is essential reading as it will provide the background knowledge on the subjects studied.
Who should attend
The Winter School examines key legal & documentational issues arising in international financial transactions and is addressed to:
Lawyers in banks & financial institutions
Government & international organisations involved in international financing
Lawyers in multi-national corporations dealing with international financial transactions
Lawyers in practice who advise their clients on international financial transactions
Senior banking executives who are closely involved in legal issues of international financial transactions
Why you should attend
A team of expert consultants & practitioners from leading international law firms will offer their advice throughout the five days.
Attendees of this practical & interactive event will return to their offices with a thorough understanding of the key legal issues involved in international financial transactions.
You will leave this course better equipped to deal with the daily demands you face in the workplace.
Leading banks, corporations, law firms and international organisations have benefited from participating in previous Winter Schools.
A key element in the course is the opportunity to exchange ideas & experiences with a uniquely international group and to develop your international network of contacts.
Participating organisations in previous Winter Schools have included:
ABN Amro Lease Holding N.V
Artesia Banking Corporation
Ashanti Goldfields Co. Ltd
Banque Generale Du Luxembourg
National Bank of Egypt
National Bank of Greece
Oman Oil Company S.A.O.C
Standard Corporate & Merchant Bank
- United Bank for Africa Plc
Faculty: Sue Wright
Understanding pre-contractual issues
What is the purpose of the term sheet?
How much detail should it contain?
Is it intended to be legally binding?
Common structures of loan transactions
Workshop 1: Discussion of common banking expressions.
The interbank markets
Examining common terms of the loan agreement
Security and insolvency
Types of security (including fixed and floating charges)
When might security be set aside?
Insolvency regimes in the UK
Workshop 2 (Part 1): Examining a loan transaction and identifying legal problem areas.
Due diligence and legal opinions
Workshop 2 (Part 2): Examining a loan transaction and identifying where legal due diligence should be conducted.
Syndicated loans and loan transfers
Faculty: Sidley Austin LLP
What is securitisation?
Background to and reasons for securitisation
Key players in a securitisation transaction
Identifying suitable assets for securitisation and their different legal problems
Overview of securitisation structures
Dealing with risks
Understanding the regulatory and legal framework
Transferring the assets from the originator to the SPV
Scope and content of the documentation required
Complying with Central Bank regulatory requirements for capital adequacy purposes
Swaps and swap derivatives
Faculty: Schuyler K. Henderson
What swaps are and how they work
Enforcement and insolvency
– Analysing the issues that arose in some important enforcement litigation cases and learning the lessons
– Summarising UK and US insolvency issues
Capacity and suitability
– Does your counterparty have the capacity to enter into a swap transaction?
– Is the transaction suitable for a counterparty and what are your organisation’s responsibilities in this area?
The ISDA agreements and other documentation
– The architecture of the documents: Fitting together the ISDA components
Documentation case study: Review of some of the principal provisions of the ISDA agreement.
– Guarantees and collateral
Please note that Euromoney Legal Training and this course are neither endorsed by, nor affiliated with ISDA ISDA is a registered trade mark of the International Swaps and Derivatives Association.
International securities issues
Faculty: Allen & Overy LLP
International bond & debt issues
The mechanics and timetable of a Eurobond issue
What documentation is required and the main contents
Sales restrictions: UK and US law
Underwriting and investment risk
Medium term notes
Main differences between bonds and MTN’s
The structure of MTN programme agreements
Analysis of pricing supplements
Legal pitfalls and common documentation problems
Case study: Examining a MTN’s pricing supplement.
Faculty: Sue Wright
Introduction to project finance
Analysis and allocation of project risks
Project loan documentation
Security for project finance
Export credit agreements and multilaterals
International Lending by Sue Wright. Sue has over 18 years of experience in advising lenders and borrowers on all manner of cross-border financing from loan & lease, subordinate debt & joint ventures.
Asset Securitisation by Graham Penn, Partner, Sidley Austin LLP. Graham has advised originators & arrangers of securitisation transactions. He has worked in the securitisation market since its inception in the UK in the 1980's both on domestic and cross-border transactions.
Swaps & Swap Derivatives by Schuyler K. Henderson. Schuyler has been particularly active in the derivatives market and involved in the creation of innovative financial products on behalf of over 50 financial institutions. He is generally regarded as one of the leading derivatives lawyers.
International Securities Issues by Allen & Overy LLP. Allen & Overy LLP have extensive experience of a wide range of debt and equity international capital market transactions.
Project Finance by Gide Loyrette Nouel, one of the leading international law firms in the world with 88 partners and over 400 associates. With more than 20 partners and 120 lawyers in its London and Paris offices, the Finance/Project Finance department is one of the largest and most highly regarded banking groups amongst the major international law firms.
Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.
11-15 Nov 2013 (Cape Town, South Africa)
This highly interactive and practical course covers a wide range of topics including international lending, derivatives and project financing in five intensive days.
11-13 Nov 2013 (London, United Kingdom)
This intensive three-day Euromoney Legal Training course is ideal for lawyers and others, who,
whilst not working directly in functions requiring a
detailed knowledge of finance, need to be familiar
with the overall concepts and language used in
financial analysis, credit transactions and other
corporate finance activities.
17-18 Jun 2013 (Limassol, Cyprus)
This two-day intensive Euromoney Legal Training course will cover all aspects of security documentation focusing on the anatomy of the security document itself and the legal ramifications of an incorrectly drafted document.
11-12 Jun 2013 (London, United Kingdom)
10-11 Dec 2013 (London, United Kingdom)
This course reviews specific issues that typically arise when you negotiate or enforce a commercial contract. We look at representations and warranties, indemnities, clauses to limit liability, clauses to manage delay or default in performance, and clauses needed in international agreements.
18-31 Aug 2013 (Oxford, United Kingdom)
Euromoney’s Summer School has developed an enviable reputation as the premier international financial law event on the training calendar.
This residential school offers an unequalled opportunity for lawyers from around the world to learn the principles and practice of international financial law from expert practitioners.
Over two weeks, the Summer School will cover a substantial range of topics, including international borrowing and lending, capital markets, new financial instruments and techniques, trade and project related financing, and securitisation.
Moreover, the Summer School has a strong practical orientation; it provides guidance and advice on how to identify, approach and solve the legal problems posed by international financial transactions.
Case studies and workshops provide opportunities for participants to study actual transactions and become involved in documentation and negotiation exercises.
1-4 Jul 2013 (London, United Kingdom)
Many international commercial agreements are subject to English law. Often non-UK lawyers are faced with unfamiliar legal concepts and requirements. To overcome these hurdles and help lawyers become truly international, Euromoney Legal Training has created this practical and interactive training course.
15-19 Jul 2013 (London, United Kingdom)
Swaps and other OTC derivatives have grown both in volume and in complexity over the years. They provide flexible, effective and valuable tools for risk management and investment. On the other hand, they were blamed by some for the recent financial crisis largely due to their role in structured financings. Swaps are legally complex, a fact that frequently leads to litigation. To protect all parties involved, transactions must be properly documented
1-5 Jul 2013 (London, United Kingdom)
This five-day Euromoney Legal school will be invaluable in increasing your knowledge and understanding of the key legal and contractual issues in international project finance and improve your ability to solve practical problems.
1-5 Jul 2013 (London, United Kingdom)
At this school Dr Ken Mildwaters, an acknowledged international expert with a wealth of experience in helping clients to formulate successful and effective business partnerships, will discuss with participants why parties come together in a cooperative endeavour to undertake a phase of a project, the legal forms they might use in so doing, the relationships created by the forms and the principle legal and commercial issues that affect those relationships.
11-12 Sep 2013 (London, United Kingdom)
This Euromoney Legal Training course reviews specific issues that typically arise when you negotiate or enforce a commercial contract. We look at representations and warranties, indemnities, clauses to limit liability, clauses to manage delay or default in performance, and clauses needed in international agreements.
9-10 Sep 2013 (London, United Kingdom)
This highly interactive Euromoney Legal Training course is designed to give today's lawyer the drafting and writing techniques needed to operate effectively in today's competitive markets. It examines in detail competent writing in all forms of business communication and at all stages of drafting, negotiating and enforcing contracts.
7-8 Oct 2013 (London, United Kingdom)
A practical & legal guide to tackling financial crime for companies and global financial institutions
24-25 Jun 2013 (London, United Kingdom)
During this training course you will have the opportunity to critically analyse different legal department structures, models and objectives to enable you to determine what is best for your organisation.
You will explore the evolving complex responsibilities of an in-house legal department and the importance of good people management and learn how to develop and implement a balanced and flexible remit which will enable you to respond rapidly to ever changing business demands while adding demonstrable value to the business.
24-25 Jun 2013 (London, United Kingdom)
26-27 Sep 2013 (London, United Kingdom)
An Essential and Practical guide for In-house Lawyers, Company Secretaries and Compliance Officers
16-18 Jun 2013 (Manama, Bahrain)
Many international commercial agreements are subject to English law and often non-UK lawyers are faced with unfamiliar legal concepts and requirements. To overcome these hurdles and to help lawyers become truly international, Euromoney
Legal Training has created this practical and interactive training course.
23-24 Sep 2013 (London, UK)