Corporate Finance, The Lawyer's Role

This book introduces law students to the diverse roles played by lawyers in corporate finance deals: representing the corporate issuer as it manages its liquidity, borrowing, and capital structure; advising the issuer's various financial claimants, including managers, shareholders, lenders, and other investors; serving public authorities tasked with regulating the fruits of financial innovation; and appearing in federal and state courts in disputes between issuers, lenders, owners, and regulators. The book emphasizes how debt, equity, and derivative instruments are designed, where these financing instruments fit into the issuer's overall capital and funding model, and how money and capital markets impact the initial and ongoing financial value of instruments and issuers. Designed for those without a background in economics, finance, or accounting, the book coaches the law student in step-wise learning so as to "think like a lawyer" about the fascinating drafting and advocacy challenges encountered in corporation finance as a legal practice.