Corporate Restructuring and M&A
Maharashtra National Law University, Aurangabad · LL.B. Semester 8
Unit I — Introduction
The concept of Corporate Restructuring - Need, Scope and Modes of Restructuring - Historical Background- Recent developments in Planning, Formulation and Execution of various Restructuring strategies.
Unit II — Merger and Amalgamation
Meaning and Interpretation- Legal and Regulatory framework- Merger Aspects under Competition Law-Amalgamation of Government Companies and Banking Companies - Cross Border Mergers - Case Studies
Unit III — Takeover and Substantial Acquisition
Meaning and Concept- Types of Takeover strategies- Bail out Takeover & Takeover of Sick Units- Legal Aspects – Takeover Defences - Cross Border Takeovers.
Unit IV — Demerger, Reverse Merger and Voluntary Winding Up
Introduction and Concept- Modes of Demerger- Legal framework- Concept of Reverse Mergers.
Unit V — Financial Restructuring and Funding of Restructuring
Reduction of Capital, Reorganisation of Share Capital, Buy Back of Shares, Financial Alternatives for Funding of M&A, Types of Financial Instruments, Rehabilitation Finance, Management Buyouts and Leveraged Buyouts.
Unit VI — Post-Merger Reorganisation
Introduction, Factors involved in Post Merger Reorganisation, Integration of business and Operations, Assessing accomplishment of Post Merger Objectives, Measuring Post Merger Efficiencies.