2017-18 Business Law Competitions Information Session

Business Law Competitions 2017-18 Intramural Transactional LawMeet Transactional LawMeet Duberstein Moot Court Competition (Bankruptcy) Pircher, Nichols & Meeks Joint Venture Challenge Lowell Milken Institute-Sandler Prize for New Entrepreneurs Business Law Competitions 2017-18

Intramural Meet for UCLA Law Students Only Enroll in Law 764-LEC1 1 Credit P/U Meets specific Wednesdays from 10-12 (sometimes until 1:30) First class this week Open to 2L, 3L, LLM and S.JD students Competition on November 3 from 12:15-6:00 National Meet 84 teams in 7 regions of the US Students compete in a regional competition on Feb. 23, 2018 Regional winners advance to national finals on March 30, 2018 Team selected primarily by participation in Intramural Meet What is the Difference between the Intramural Meet and the National Meet?

Structure of Transactional Meets Each team is provided a simulated problem Teams create a draft agreement Intramural Meet it will be specific sections of an asset purchase agreement National Meet TBD Teams Mark-up another Team’s draft agreement Teams Negotiate their agreements on the date of the competition Students receive skills training and practice Structure of Transactional Meets

Intramural Meet Student Training Law 764-LEC1 Introduce students to Asset Purchase Agreement sections, their purpose and how they interact with one another Introduce students to contract drafting and negotiation Mentors Online Self-Study Materials Intramural Meet Student Training

Intramural Meet Timeline   August 30 First Class Meets: Room 1420; 10:00-12:00 September 13  Mentor Lunch Provided 12:15-1:30 Room 1314 September 27 Client Interview -Seller’s Counsel meets from 10:00– 11:30 a.m. -Buyer’s Counsel meets from 11:30 – 1:00 p.m. October 9 Draft Agreement Due by 10:00 a.m. October 18 -Buyer’s Counsel meets from 10:00 – 11:30 a.m. -Seller’s Counsel meets from 11:30– 1:00 p.m. October 27 Mark-up Agreements Due by 5:00 p.m. November 3 Transactional Meet from 12:15 p.m. -5:00 p.m. Intramural Meet Timeline

Intramural Meet – November 3   12:15-12:45 Student Orientation 12:45-1:15 Judge Orientation 1:30-3:00 Round 1 3:00-3:30 Break 3:30-5:00 Round 2 5:00-5:45 Cocktail Reception 5:45-6:30 Awards Presentation Intramural Meet – November 3

Intramural Meet Team Assignment Option 1: Create Your Own Team No guarantee Option 2: Assigned to a Team You do not need to have a team to participate, can be assigned to a team Depending on number of applicants teams maybe combined or team members added to a team Teams of 2, 3 or 4 members Intramural Meet Team Assignment

National Meet Team Selection Primarily Based on Participation in Intramural Meet Separate application available after Intramural Meet National Meet Team Selection

The Pircher, Nichols & Meeks Joint Venture Challenge Spring 2018

PNM Joint Venture Team Selection Process Students will work together in teams of 2-3 students, with at least one law student and one graduate student from either the business school or environmental design.  Students enter individually and team members will be assigned randomly.  Applications will be available this Fall Applications generally due end of January. PNM Joint Venture Team Selection Process

What is the PNM Challenge? Students will perform the role of advisors for a large private equity fund sponsor considering investments in two deals and will respond to a series of questions about the deals.  No prior experience in joint venture structuring, real estate finance or similar activities necessary. Teams provided with resources to assist in evaluating the problem and volunteer “coaches” from several law firms will be available to answer questions and help teams stay on track. Competition submission due generally due end of February. What is the PNM Challenge?

Duberstein Moot Court Competition Saturday, March 3, 2018 – Monday March 5, 2018

What is the Duberstein Moot Court Competition? The Duberstein Bankruptcy Moot Court Competition is widely recognized as one of the nation’s preeminent moot court competitions. The competition promotes and recognizes the finest oral and written advocacy on significant issues in bankruptcy practice.   Approximately 60 law school teams participate, making this the largest single site appellate moot court competition.  It is held at St. John’s School of Law and co- sponsored by the American Bankruptcy Institute. What is the Duberstein Moot Court Competition?

Duberstein Team Selection Process Must have taken or be currently enrolled in LAW 248 Business Bankruptcy Applications available September 25 Teams will be provided with a coach mentor to assist with preparation for the competition. Duberstein Team Selection Process

Sarah.korobkin@law.ucla.edu Questions?