In 2024, the paperback model of “Company Finance for Legal professionals” was printed. On this guide, the authors discover the intricate relation between legislation and company finance to permit attorneys to realize a deeper understanding of the sector they’re working in.
Initially, the guide offers an introduction into the fundamental constructing blocks of the world of company finance and the dominant firm valuation strategies of EBITDA-multiples and Discounted Money movement strategies. The guide additional explains commonplace finance patterns from each a finance and a authorized perspective, most notably the elevated use of non-interest bearing debt as low cost means of finance, financing by way of secured credit score, financing by way of shareholder loans and financing by way of ensures. The guide additionally discusses the company finance dynamics of reorganization procedures and disputes over the allocation of worth as half thereof. The authors deal with what goes on within the precise world of company finance, discussing the ability stability between shareholders, secured lenders and collectors in a world the place the assumptions of completely functioning markets with absolutely adjusting collectors don’t apply.
The authors use the Monetary Mindmap all through the guide. This device depicts finance by utilizing color and visualisations in a transparent and intuitive method. By utilizing the Monetary Mindmap, readers can rapidly acquire an intuitive understanding of finance.
The Monetary Mindmap is developed as an interactive device for instructing functions. With the intention to deliver the Monetary Mindmap additional to reside, the authors have developed video’s explaining company finance. Along with an Introduction to Company Finance for Legal professionalsthe authors talk about Solvency and insolvency as stability sheet ideas (video 1), Using non-interest bearing debt as an inexpensive supply of finance (video 2), Non-interest bearing debt and firm valuation (video 3), and Secured credit score for investing and distributions to shareholders (video 4).