BC Law Team Wins Transactional Law Meet Regionals
2014 news archive
Newton, MA--On Friday, February 28, BC Law students Andrew Miller (’15) and Bradley Fay (’15) won the New England regional competition of the National Transactional Law Meet, held at Western New England University School of Law. The two students will advance to the finals, to be held April 3-4 at Sullivan & Cromwell LLP in New York City.
The Transactional Law Meet requires students to draft and then negotiate the terms of a stock purchase and indemnification agreement. Miller and Fay’s team finished first out of ten total at the regional event, beating out teams from Cornell, University of Pennsylvania, Georgetown, and Boston University, among others. The team was assisted in their preparation by BC Law professor Brian Quinn and alumnus David McKay ‘85 (Ropes & Gray).
“I’d like to congratulate Andrew and Brad on a job very well done, and wish them well in New York,” said Paul Tremblay, BC Law’s Faculty Director of Experiential Learning. “We’re thankful to Brian and David for their excellent coaching.”
This year’s problem involved a stock purchase agreement that pertained to the acquisition of a private company. An issue with the agreement required the students to draft, mark up, and then negotiate an indemnification agreement as well as draft, mark-up, and negotiate amendments to the stock purchase agreement.
“This kind of competition gives our students exposure to the kind of work transactional lawyers engage in,” said Quinn, who teaches corporations, mergers and acquisitions at BC Law. “It can be very useful for students still exploring whether this is the kind of practice that they would like to pursue.”
The transactions team is selected through an open process every fall under the supervision of the BC’s Business & Law Society. BC Law has fielded teams for each of the past four years. This is the second team to advance to the National Finals.