Transactional Practice Readiness (TPR):Finance Law
SLN #: 20572Course Prefix: LAW-691
Course Section: 018
Credit Hours: 3
Instructor(s): Gilman;Wood
Course Books: View List of Books
Course Description:
This seminar course focuses on transactional practice-readiness skills in finance transactions. In addition to discussion of certain aspects of banking and finance law topically, this course is intended to simulate finance/banking law practice in a real world environment and enhance practice-readiness in transactional practice. The loan process from a legal perspective and legal documentation used by financial institutions in making loans and issuing credit will be examined. Financial institutions significantly the modern US and world economies. As regulated entities, financial institutions must comply with applicable laws and regulations while remaining competitive in the marketplace, and responding to global competition, technological advances, and rapidly changing economic conditions. The course includes a look at the impact of laws and regulations, and the impact of financial institution policies and procedures, on credit risk, credit availability. Credit documentation will be explored from a practice-readiness perspective. This course will also explore the elements of professionalism with respect to finance law practice. Students will gain experience in reviewing, drafting, and negotiating loan and other credit documents. They will also gain experience in preparing and reviewing client communications in a transactional lending/finance context. Students will learn how to maintain a forms/provisions library, and will contribute provisions to, and have access to, a cumulative forms library. Throughout the course, students will do practice-readiness projects taking the students from a term sheet, to drafting and negotiating documents, through the closing of a commercial loan transaction. There will be no final exam in this class.
Additional Information:
Credit Hours: 3
Grading Option: Letter Grade Only
Written Assignment: Yes, Drafting and Writing
Graduation Writing Requirement: No
Flexible/Upper-Level Writing Requirement: Yes
Skills Requirement: No
Simulation Course: No
Experiential Learning: Yes
Seminar: No
Special Withdrawal Course: No
Limited Enrollment Number: 18
Final Exam Given: No
Participation Points: Yes, Participation is a graded portion of the course. See Course Description
Attendance Policy: Per Statement Of Student Policies
* The law school has a policy that is used to calculate credit hours. Please see the Statement of Student Policies.