Hey Guest, do you have a question for graduate recruitment? Gemma Baker from Willkie is live to answer your questions!
memorandum of understanding with a lock-out agreement? its not legally binding but I suppose it lays out the terms and agreements prior to the actual transaction. in an interview, id maybe ask for more clarification and why the parties want to sign before approval - is it to prevent the seller from engaging with other parties? etc. im not sure but sounds like an interesting questionDoes anyone know the answer to this question? Never considered this point
"What could the firm do if the parties want to sign the acquisition document but are still waiting for regulatory approval?"
Nope I’m over a month post test and nothing. Did see on here a while ago someone had interviewed in Jan but completed the test last year. I think they are just processing all the earlier candidates and probably award places on a rolling basisI am once again asking if anyone has heard from Withers post test — saw someone got a vac scheme, are they still interviewing or should I assume PFO?
Maybe insert a conditions precedent clause in the acquisition document stating that completion of the transaction will be subject to any necessary regulatory approval?Does anyone know the answer to this question? Never considered this point
"What could the firm do if the parties want to sign the acquisition document but are still waiting for regulatory approval?"
bingooo I think this is itMaybe insert a conditions precedent clause in the acquisition document stating that completion of the transaction will be subject to any necessary regulatory approval?
Nope, manifesting good news from them this week though!Anything from Shoosmiths?
Wow thank you so much for the input. I didn't give a thought about why they might want to sign first but I should have considered that first. Wonder why as well hmm..memorandum of understanding with a lock-out agreement? its not legally binding but I suppose it lays out the terms and agreements prior to the actual transaction. in an interview, id maybe ask for more clarification and why the parties want to sign before approval - is it to prevent the seller from engaging with other parties? etc. im not sure but sounds like an interesting question
make sense! thank you for the insightMaybe insert a conditions precedent clause in the acquisition document stating that completion of the transaction will be subject to any necessary regulatory approval?
No, feel like i’ll get a generic pfo on Wednesday 28th 😅Anything from Shoosmiths?
I know someone who got invited to the job sim on the 21st and someone who got a rejection mail the same day. I am still waiting for a response regarding the job sim or a rejection. So we're in the same boatYes including the post-app test have you been invited to the job sim or rejected yet?
Buyer side: Having the regulatory approval will most likely increase the price. If you have already negotiated a price pre-regulatory approval, then the seller cannot increase it.Does anyone know the answer to this question? Never considered this point
"What could the firm do if the parties want to sign the acquisition document but are still waiting for regulatory approval?"
just got a pfo. Damn, looks like no TC for me this yearAnything from Ropes & Gray? ACs starts from next week and it makes me wonder if they have already invited people to the ACs?
I havent recived anything from them either. i only know one other person who has an AC invite but for the cambridge office.I just want to know when IM will send me my PFO so I can get on with my life at this stage - I already know that I won't be getting the AC, why have they made me wait nearly three months without an answer?! At this point even if I get the AC I might have to reject it!! I have nonrefundable plans for next month!!