COURSE DESCRIPTION
Transform complex commercial deals from potential disasters into smooth closings through expertly structured escrow arrangements that protect all parties while facilitating successful transactions. This program reveals the strategic considerations behind effective escrow agreements, from selecting appropriate escrow agents to drafting release conditions that prevent disputes. Master the art of using escrow as both protective mechanism and deal facilitation tool.
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Design escrow structures appropriate for different types of commercial transactions and risk profiles
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Draft clear release conditions and dispute resolution procedures that prevent escrow deadlocks
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Address indemnification escrows in M&A transactions including survival periods and claim procedures
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Navigate regulatory and practical considerations in selecting and working with escrow agents
Speaker:
Steven O. Weise is a partner in the Los Angeles office Proskauer Rose, LLP, where his practice encompasses all areas of commercial law. He has extensive experience in financings, particularly those secured by personal property.He also handles matters involving real property anti-deficiency laws, workouts, guarantees, sales of goods, letters of credit, commercial paper and checks, and investment securities.Mr. Weise formerly served as chair of the ABA Business Law Section. He has also served as a member of the Permanent Editorial Board of the UCC and as an Advisor to the UCC Code Article 9 Drafting Committee.