Mergers and Acquisitions Competition

The Mergers and Acquisitions Competition (‘M&A’) is a fantastic opportunity to gain exposure to a booming area of legal practice in the commercial space. If you are eager to learn about this high-stakes area of law, we encourage you to compete!

The Deakin M&A Competition follows a hypothetical acquisition of a target corporation by a larger corporation. It comprises three distinct stages, each of which reflects how transactions of this form are coordinated in the commercial sector.

Competitors will compete in teams of two; a senior and junior counsel. Teams will approach the problem question based on a set of common facts for the initial two stages, and then confidential client instructions that specifically relate to their assigned party in the negotiation phase.

Structure

1. Written Takeover Advice

  • Stage one involves the parties drafting a Letter of Advice that addresses the key issues of the problem question in a succinct and logical manner (approx. 800 to 1000 words).
  • Don’t fret however! We will be providing a guide to the law surrounding M&A transactions.

2. Oral Takeover Advice

  • Four Teams will progress to Stage 2, based upon assessment of Stage 1;
  • Stage two involves presenting their written advice to the client;
  • The judge, who will act as the client, is open to asking questions at any stage;
  • Competitors will have 15 minutes to present their oral arguments.

3. Negotiation

  • Two teams will progress to Stage 3, based upon assessment of Stage 2;
  • Stage three requires the competitors to negotiate an agreement of sale with the opposing party;
  • Each party is provided with a written summary containing their client’s instructions.;
  • The negotiation will be allocated 40 minutes and will be followed by a 10 minute reflection by each team.

Workload

  • Stages 1 and 2 are specifically designed to introduce students to M&A in the private sector, with material provided to guide students with what may be an unfamiliar area of law;
  • Competitors with be provided with a Guide on which to base their legal advice. This is to be read in conjunction with the Corporations Act;
  • Competitors are advised to be very familiar with their written arguments in the oral stage and have a detailed plan of action when approaching the final negotiation.

Formality

Teams must maintain professionalism and business etiquette throughout the oral and negotiation stage. Business attire is essential.

Important Dates

Registration Closes: 24th August

Free WordPress Themes, Free Android Games