I often get questions about who can draft a Private Placement Memorandum, and whether you demand an attorney. The small answer is yes and no. No, you don’t demand one to inscribe the framework of your term sheet, or to describe your business and the transaction you are seeking capital for. And, yes, you demand one, to aid get the nuances of the security you are issuing fair, to aid frame the risk section properly, and to constitute certain that the boilerplate sections are applicable to your situation.
Tags: | philosophy | creative writing | knowledge |
July 29, 2011
Do You Need An Attorney To Write A Private Placement Memorandum?
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