Drafting Preferred Stock/Preferred Returns

Tuesday May 30, 2017

Investors in a company or transaction often want the guarantees of common equity for purposes of capturing economic success but also the protections often associated with debt or preferred stock to protect their investments. Preferred returns and their protective provisions can come in multiple forms. There can be preferred distributions, most likely on liquidation but also on an ongoing basis. As important as the specific type of preferred return are the protective provisions that often accompany preferred returns, including the right to board seats or other management and information rights, anti-dilution and anti-impairment provisions, and more. This program will provide you with a practical guide to types, uses and drafting issues with preferred returns in transactions.
Handout Materials Will be Emailed to You Prior to the Seminar

Starts 12:00 p.m.
1.0 MCLE Credit Hours

• Multifaceted ethics issues when lawyers use email
• Beginning an attorney relationship via email – intentionally and inadvertently
• Law firm web sites attempting to disclaim attorney-client relationships
• Effect on attorney-client privilege when using a vendor for email
• Ex parte communications with represented adversaries
• Corporate counsel issues – in-house creation of documents, legal v. business advice
• Inadvertently sent email and metadata embedded in email
• Discarding/deleting email and working with outside vendors


Noah Kressler, Baker, Donelson, Bearman, Caldwell & Berkowitz, PC – New Orleans