Transactional Law Competition

The Board of Advocates and the Tax Law Society, at the University of Missouri School of Law, created the Transactional Law Competition to provide students an opportunity to develop transactional law skills through practical experience.

MU Law’s first Transactional Law Competition will be held on Friday, September 27, 2013. All law students are eligible for this competition. Competitor teams may consist of either two or three students who work cooperatively to resolve a transactional law “problem.” The problem has been adapted from a real life fact pattern. To give competitors sufficient time to analyze its intricacies, the problem will be released approximately two weeks before the competition. Each team will create a proposal before the competition they believe best handles the issues in the problem. Teams will advocate for their proposal during the competition.

Teams will compete head-to-head, with the competition consisting of three rounds: a qualifying round, a semi-finals round, and the finals round. Each round will last one hour, and each team will have thirty minutes to advocate for their proposal before a panel of judges. Teams may present their proposal in any format or medium they choose, including but not limited to: use of PowerPoint, use of an overhead projector, use of a computer, or providing handouts.

Competition Schedule for Friday, September 27, 2013:

  • 1:00 – 200 p.m. – Qualifying Round for All Competitors in rooms 4, 5, 6, and 7
  • 2:15 – 3:15 p.m. – Semi-Finals Round in rooms 4 and 6
  • 3:30 – 4:30 p.m. – Finals Round in the Courtroom (audio and video recording will take place)
  • 4:30 p.m. – Closing Reception and Announcement of Winners in the Fireplace Lounge
BOA Directors:

Brittany Chapman bnl7v7@mizzou.edu

Katherine Sheffield kesb8d@mizzou.edu

TLS Director: Jessica Coghill jrcybf@mizzou.edu

This is the Problem for the 2013 Transactional Law Competition: Download
 This is the Scoring Sheet for the 2013 Transactional Law Competition: Download

These are all of the Due Diligence Requests with answers for the 2013 Transactional Law Competition: Download

These are the Hints for the 2013 Transactional Law Competition.

Hint # 1 provided September 16,2013: A change of control of an entity is not generally a sale or transfer of its assets or permits.

Hint #2 provided September 20, 2013: Transactions are normally structured as a sale of the ownership interests of the entity or the assets of the entity. Ownership interests or assets may be sold at any level within the chain of ownership.

Hint #3 provided September 23, 2013: The process of obtaining approval for a transaction from state and local governmental agencies differs depending on the type of transaction and the state of organization.

 

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