- Understanding the Agreements and Undertakings
- Development Facility Agreements and Common Negotiated Terms
- The Construction Parties and the Building Contract
- Drafting Provisions that Work in Practice
- The Pitfalls and Traps to Avoid
A detailed online series of four structured briefings to include a case study of a distressed transaction. Lead speaker, Jon Bond, Partner, Banking & Finance, Charles Russell Speechlys and a team of front-line experts will cover the documentation that governs the relationships of developers with:
- Landowners – outright and conditional acquisition agreements; options to acquire
- Investors and lenders – development funding, including mezzanine finance and joint ventures
- Tenants and purchasers – including agreements to lease, leases, conditional sales’ terms, interpreting specifications and recognising practical completion
- Contractors, the professional team and planners – with everything from terms of appointment, warranties, the multiple variety of contracts with main and sub-contractors to agreements and undertakings with and to local authorities
Speakers:
Joe Edwards, Senior Associate, Litigation and Finance
Andrew Keeley, Partner, Construction and Engineering
Isobel Young-Herries, Senior Associate, Banking and Finance
The series:
- The objective: in four detailed sessions we will ensure that developers, their solicitors, agents, investors, funders and all others engaged in development projects have a comprehensive understanding of:
- The structure of development financing
- Common negotiated terms in a development facility agreement – the full implications of the terms
- What to ensure is covered in the documentation
- Legal and technical importance of financial covenants, cost overruns and default scenarios
- The different procurement routes and forms of building contracts
- The importance of thorough and investigative due diligence
- The very many pitfalls and problems encountered along the way and strategies to avoid them
- How all the documentation fits together
- Ideal for all property developers, investors, funders, their solicitors, agents and advisors
- No important area will be overlooked – all interpretation will be practical and relevant to real world market conditions
- Sessions of 75 minutes each, including answers to questions from participants on the challenges they are facing and on the opportunities being created. Sessions start at 10.00am and run to 11.15am
- Unable to attend all sessions or joining partway through? Recordings will be available for all registrants
The first 10 people to book will receive 20% discount!
To celebrate the launch of the series we're giving the first 10 people to book a 20% discount. Enter the code FIRST20 to receive the exclusive rate when registering. Click here to book your place.
Session 2: The Development Facility Agreement – commonly negotiated terms
Wednesday, 17 November 2021
Session 3: The Construction Parties and the Building Contract
Wednesday, 24 November 2021
Session 4: Pitfalls and Strategies to avoid them
Wednesday, 1 December 2021
To view the full course summary and timings, click here.