Directed Reading: Venture Capital Project

Quick Info
(6001K.04)  Seminar
Professors J. Penney (Fall) & I. Mgbeoji (winter)
4 credit(s)  2 hour(s);
Seminar discussion
Upper Year Research & Writing Requirement

Note: This seminar is by application only and students have been selected for the 2021/2022 academic year. The seminars are scheduled Fall term, Wednesdays 10:30-12:30 and Winter term, Mondays 2:30-4:30.  

This Directed Reading Course builds upon the Osgoode Venture Capital Clinical Project (OVC), which has for five years provided legal services to early stage entrepreneurial ventures in the financing and equity structuring stages of growth.  Osgoode students will work as Caseworkers directly with lawyers from Wildeboer Dellelce LLP, assisting them with such legal tasks such as corporate capital structuring/ restructuring, drafting shareholder and other agreements, developing financing strategies based on varying legal requirements, and other tasks associated with early-stage business ventures. Students will gain experience in drafting a retainer agreement and scope of work, client communications, client consultations, drafting legal agreements, corporate finance, employment matters, technology, and operational matters. There will also be two training sessions conducted by Wildeboer lawyers at their offices downtown, one on best practices in client representation and communication; and the other on the substantive elements of typical representation of early stage companies.  Osgoode students will not be providing legal advice. The graded component of the Directed Reading course will involve readings about choices of entity structure, financing start-ups, special issues involved in family firms and social enterprises, and the professional responsibility issues involved in representing both the firm and its principals. The grade for the course – including graded academic related work and ungraded (credit/non-credit) related work for the practical aspects of the program – will all form part of one final letter grade, which will be listed as a Winter grade on each student’s transcript.