summer school - centro de estudios garrigues...the role of corporate law in the development of...

SUMMER SCHOOL

LAW & BUSINESS PROGRAMJULY 6-17, 2020

PR

ES

EN

TAT

ION

This course provides a unique learning

experience for people interested in

comparative and international

business law

The Summer School in Law and Business Program is a 2 week course conducted in Spain at the Centro de Estudios Garrigues with the purpose

of providing a rigorous training in comparative and international business

law. Several features make this course a unique learning experience. Firstly, unlike other courses or summer programs, this course does not focus on a particular jurisdiction. Instead, it provides a comparative approach to the study of law and business. Students will therefore be exposed to various legal systems, not only with the purpose of understanding how different jurisdictions solve similar economic problems, but also to develop a set of tools to critically analyze the law in order to become more creative and resourceful when approaching legal problems in any jurisdiction.

Secondly, this program also offers an interdisciplinary study of law and business.Thus, by offering an approach that combines law, economics and inance, students will get a better sense of the implications of different solutions on

people´s behavior, and how the legal system may contribute to key economic variables such as entrepreneurship, innovation and access to inance.

Thirdly, the course comprises both lectures and seminars. The lectures seek to provide a deep understanding of the foundations of key areas of business

law. These lectures will then be combined with various seminars seeking to offer a more practical and speciic knowledge of areas that are particularly relevant for transactional lawyers and business professionals working in an international environment.

Lastly, we have put together an exceptional faculty to provide this unique learning experience. Our teaching team is formed by a formidable group of experts in law and business from all over the world, including scholars and leading practitioners from the United States, the United Kingdom, Continental Europe, Asia and Latin America. They have been educated in some of the best universities in the world, including Oxford, Harvard, Stanford, Cambridge, Columbia, Berkeley and Yale, and they all have worked at international organizations, inancial institutions, leading law schools, or top law irms.

For all of these reasons, should not be missed the opportunity to join us for this exciting experience taking place in Madrid in 2019.

We very much look forward to seeing you in the summer!

Aurelio GurreaAcademic DirectorSummer School Law and Business Program

Centro de Estudios Garrigues • 3

Centro de Estudios Garrigues is an institution with ties to the law irm Garrigues. The Center was set up with the aim of pursuing a range of training, educational and research activities. It seeks to apply the expertise, know-how and methodology of a modern law irm to the training of experienced professionals.

The Center’s ties to Garrigues enable it to keep permanently abreast of developments in professional practice, in line with the changing legal, economic and business landscape, and to offer bespoke, quality training that is truly unique in the ield.

The Center has a teaching staff of over three hundred lecturers hailing

from the leading private entities, law irms, inancial institutions and public institutions. Speakers from law irm Garrigues take part according to the characteristics of each program.

The Center’s prestige and the quality of the programs currently on offer have been recognized by the top companies and inancial institutions and singled out for praise in the most important rankings of specialist postgraduate training.

CENTRO DE ESTUDIOS GARRIGUES

The Center has a teaching staff of over 300 lecturers hailing

from the leading private entities,

law irms, inancial institutions and

public institutions

• Summer School Law & Business Program4

Garrigues is an international legal and tax services irm that provides business law advice in the main economic areas of the global marketplace. Since its creation in 1941, the irm has been noted for its international outlook and innovative nature.

Our team is made up of 2,000 people from 24 different nationalities, who, under a single integrated management team and with the same quality standards, operate in 13 countries across Europe, the Americas, Asia and Africa, through a well-established ofice and team structure.

All Garrigues professionals share the same hallmarks: empathy with the client, ongoing dedication to understanding client needs and strict compliance with ethical standards. These qualities, together with their broad experience, training and availability, make us one of the most prestigious and professional law irms in the industry.

Garrigues is one of the largest international law irms and is among the top law irms worldwide.

GARRIGUESGarrigues is an

international legal and tax services

irm that provides business law advice

in the main economic areas of the global

marketplace

countries

1375for overyears

Advising

4 continents

#1 law irm in

Continental Europe 86

countries

in

More than 3,000 clients

2,000lawyers

Over


The program is speciically designed for people

interested in pursuing a career in transactional

lawyering, international law irms, academia,

international organizations, international business

practice and the inancial industry


The program follows a comparative and interdisciplinary approach to the study of law and business. Students will therefore be exposed to several jurisdictions, not only with the purpose of understanding how different jurisdictions solve similar problems, but also to develop a set of tools to critically analyze the law in order to become more creative and resourceful when approaching legal problems in any jurisdiction. Moreover, by combining the lectures with various seminars, the program offers more speciic and practical knowledge of certain areas particularly relevant for a business lawyer in the 21st century.

Methodology

The program is speciically designed for people interested in pursuing a career in transactional lawyering, international law irms, academia, global organizations, international business practice and the inancial industry. The set of tools provided in the program to critically analyze the law from a comparative and interdisciplinary perspective also makes the course particularly useful for regulators, supervisors, academics, judges and policy-makers from any jurisdiction.

Target

This program seeks to provide unique training in transactional lawyering and international business law. It does so by offering an innovative approach to the study of law and business that combines lectures and seminars taught from an interdisciplinary and comparative perspective by scholars and leading practitioners from all over the world.

Goal

English

Language


ACADEMIC PROGRAM


Week 1

1. COMPARATIVE CORPORATE GOVERNANCE Marco Ventoruzzo

• The role of corporate law in the real economy. Agency problems and corporate ownership structures around the

world

• The role of corporate law in the development of capital

markets• Origins, concept and function of corporate governance. The rise of corporate governance codes. Conlicts between managers and shareholders. Conlicts among shareholders

• The rise of shareholder activism and the future of corporate

governance

2. ACCOUNTING AND FINANCE FOR BUSINESS LAWYERS Aurelio Gurrea

• Introduction to accounting and inancial statement analysis• Sources of inance. Equity, debt and retained earnings. The capital structure of the irm and the Modigliani-Miller theorem

• The Time Value of Money. Present value and future value. Interest rate, discount rate and WAAC

• Assessing investment projects. NPV, IRR and pay-back period.• Valuation of irms

3. SECURED TRANSACTIONS AND INTERNATIONAL COMMERCIAL LAW Beata Fröhlich

• Commercial law and contract design.

• International trade law

• Secured transactions. Covenants, security interests, guarantees

• Rules governing international commercial transactions.

Conlict of laws• International commercial arbitration and alternative

dispute resolution

Seminar 1: International Commercial Law & Arbitration (Beata Fröhlich)


Week 2

4. DEALS IN EMERGING MARKETS Elena Daly

• Deals in emerging markets • Legal and institutional features of emerging markets• Legal, political, monetary and regulatory risks. Corporate governance in emerging markets

• Enforcement and disputes

5. CAPITAL MARKETS AND FINANCIAL REGULATION Werner Bijkerk / Thom Wetzer

• The functions of the inancial system • The role of inancial regulation• Regulation, design and supervision of inancial markets• Banking regulation. Capital and liquidity requirements. Deposit insurance

• Corporate governance of inancial Institutions• Bank resolution

Seminar 2: Initial Public Offerings: Alibaba Goes Public (Aurelio Gurrea Martínez)

6. CORPORATE REORGANIZATION AND COMPARATIVE INSOLVENCY LAW Aurelio Gurrea / Felix Steffek

• Goals of insolvency law. The role of insolvency law in the promotion of economic growth

• Directors’ duties in the zone of insolvency. Avoidance actions. Debtor in possession vs trustees. Ranking of claims. Treatment of contracts in bankruptcy

• Corporate reorganization. M&A in bankruptcy• Legal and inancial aspects in corporate reorganizations• Corporate groups in bankruptcy. Cross-border insolvencies

Seminar 3: Private Equity & Business Restructuring (Felix Steffek)

7. INTELLECTUAL PROPERTY LAW Gemma Minero / Gonzalo Bleda

• Innovation, development and the rationale for the protection intellectual property rights

• Intellectual property rights: concept and regulation in the US and Europe

• Enforcing intellectual property rights • Courts. Alternative Dispute Resolution in intellectual property law

Seminar 4: Fintech, Regtech and Legaltech (Nydia Remolina)

8. ANTITRUST Sandra Marco

• The economics of antitrust law

• Market competition and market failures. Rules governing competition. Market abuses. Cartels and competitor collaborations

• Monopolies, vertical restraints and horizontal mergers • Financial aids in the EU, the US and Asia • The role and intervention of competition authorities.

Investigations and sanctions

Seminar 5: International taxation (Ángel Calleja)

9. MERGERS & ACQUISITIONS Richard Squire

• The economics of M&A transactions• The M&A deal. Due diligence• Deal protections in M&A transactions• Takeover law. The role of corporate directors in hostile acquisitions

• Poison pills, staggered boards and other anti-takeover measures

• Legal and inancial aspects in M&A transactions

10. INTERNATIONAL TRANSACTIONS Aurelio Gurrea / Javier Marzo

• The law and economics of corporate transactions

• The role of business lawyers in corporate transactions• Global lawyering. Transactional lawyers in international transactions

• Interdisciplinary case study on international transactions


This program seeks to provide a unique training in business law from a comparative and

interdisciplinary perspective


FACULTY

Aurelio Gurrea

Assistant Professor of Law at Singapore Management University, where he teaches corporate

governance, inancial regulation, and comparative and international

insolvency law. Before moving to Singapore, he was a Fellow at Harvard Law School. He has worked as a legal consultant on corporate

and insolvency matters and has been an advisor to the Spanish

Ministry of Justice. He studied law and business in Spain (LLB, BA, PhD) before completing a Master of Science in Law and Finance from the University of Oxford and a Master of the Science of Law

from Stanford University. He is the Executive Director of the Spanish and Latin American Institute for Law and Finance. He has taught and lectured at various universities in

the United States, Europe, Asia, and Latin AmericaLatin America and has been a visiting researcher at several

institutions, including Harvard Law School, Columbia Law School and Yale Law School. In 2016, he was named Rising Star of Corporate

Governance by Columbia University.

Felix Steffek

University Lecturer in Comparative Commercial Law at the University of Cambridge and Senior Member of

Newnham College. He studied law and economics at the University of Heidelberg before completing his

LLM at the University of Cambridge. He also holds a PhD in Law from

the University of Heidelberg and obtained his Habilitation from the

University of Hamburg. He has been a Senior Research Fellow at the Max Planck Institute for Comparative and International Private Law in

Hamburg and has acted as policy advisor and expert for various international organizations, including the OCDE, the World Bank and the European Commission.

His main areas of research include

company law, insolvency law, commercial law, arbitration and alternative dispute resolution.

Marco Ventoruzzo

Professor of Law at Penn State Law

and Professor of Law at Bocconi

University, where he is also the director of the Law Department.

He holds degrees from the State

University of Milan (JD), Bocconi University (BA), Brescia (PhD) and Yale Law School (LLM). He has taught and lectured at various

law schools and universities in

Europe, the United States and Asia, including Oxford University (UK), Hamburg University (Germany), Fudan University (China), National Law School of Bangalore (India), Esade Law School (Spain) and several Italian universities. He

serves on the board of editors in

various leading journals in law and

inance, including the European Company and Financial Law Review and the Oxford Journal of Financial Regulation. He was the director of the Max Planck Institute for International, European and Regulatory Procedural Law in Luxembourg.

Nydia Remolina

Lecturer in International Financial Regulation at Javeriana University (Colombia) and Senior Advisor in Innovation, Regulatory and Strategic Affairs at Grupo Bancolombia. She has been a

Senior Advisor to the Organization for Cooperation and Development

(OCDE) and an associate at Sullivan & Cromwell LLP (New York Ofice), where she focused her practice on

M&A, securities, banking regulation and intech. She is a Research Associate of the Spanish and Latin American Institute for Law and Finance. Her main areas of research include capital markets, inancial regulation, intech, regtech and legaltech. She holds a law degree

and a Master’s degree in Capital

Markets from Javeriana University as well as a Master of the Science of

Law from Stanford University.


Richard Squire

Professor of Law at Fordham Law School. He received his Juris Doctor

from Harvard Law School, an MBA from Harvard Business School and

a BA from Bowdoin College. He has twice been elected Fordham Law School’s Teacher of the Year. Before

teaching at Fordham, he taught at Harvard College, where he won the Allyn Young Award for excellence in teaching principles of economics.

He clerked for Judge Robert D. Sack on the US Court of Appeals for the Second Circuit and was an associate

with Wachtell, Lipton, Rosen and Katz in New York City. He has been the Joseph F. Cunningham Visiting Professor of Commercial & Insurance Law at Columbia Law School

and the Florence Rogatz Visiting Professor of Law at Yale Law School.

Sandra Marco

Assistant Professor of Competition Law and Director of the Centre

for Financial Regulation and Economic Development (CFRED) at the Chinese University of Kong Kong. Prior to moving to Hong Kong, she was a Lecturer in EU and Competition Law at the University of Glasgow (UK). She holds a PhD from the European University Institute in Florence and an LLM in EU Law from the Universidad Carlos III of Madrid

(Spain). She obtained her irst law degree at the Universidad San Pablo

CEU (Spain). She is a member of the Competition Law Scholars Forum and a Fellow of the Transatlantic Technology Law Forum of Stanford University. She is on the Editorial Board of the China Antitrust Law Journal. She is also the Hong

Kong news correspondent of the European Competition Law Review.

Gonzalo Bleda

Associate Legal Oficer at the World Intellectual Property Organization’s Arbitration and Mediation Center. He studied law at the Universidad

Pontiicia Comillas of Madrid before completing an Advanced Course on Commercial Law at the London

School of Economics and Political

Science. He holds a Master’s Degree

from IE Law School and an LLM

in Intellectual Property Law from Queen’s Mary, University of London. Before joining the WIPO, he was an associate in the commercial law

department of Garrigues, focusing his practice on IP. Prior to Garrigues, he worked as a legal consultant at PricewaterhouseCoopers.

Thom Wetzer

DPhil (PhD) Candidate in Law and Finance and the University of Oxford, the Oxford-Man Institute of Quantitative Finance, and the Institute for New Economic Thinking. His research focuses on the regulation of systemically important inancial institutions, inancial stability and corporate governance. Thom has been a

Visiting Scholar at the Berkeley School of Law and is currently a Visiting Scholar at the Bank of England. He holds a BA(Hons) in Law and Economics from University College Utrecht (partially completed at Berkeley), an LLB in Dutch Law from Utrecht University and an MSc in Law and Finance from the University of Oxford. His professional experience includes work for the European Commission (DG FISMA), Goldman Sachs and De Brauw

Blackstone Westbroek. Since 2014, he has been a “Global Shaper” at the

World Economic Forum.


FACULTY

Elena Daly Principal of EM Conseil, a Paris-based consultancy focusing on risk assessment of emerging-market inancial transactions, compliance and corporate governance matters

affecting global companies. She

has worked in the New York Ofice of Sullivan & Cromwell and Cleary Gottlieb. She has also advised

the New York Stock Exchange in launching NYSE-International and in helping to adapt Sarbanes-Oxley Act requirements to non-US issuers. She is a regular visiting lecturer at a

number of institutions, including the University of London and Stanford University. She holds a Master’s in Law from Berkeley (Boalt Hall) and a Juris Doctor degree with high

honors from the Moscow State

University’s School of Law. She has been admitted to the New York State Bar and is a member of various bar associations.

Werner Bijkerk

Economist and former head of

the Research Department at the

International Organization of Securities Commissions (IOSCO). He led the IOSCO General Secretariat’s

research efforts to identify and mitigate systemic risk and ensure inancial stability. He also served as the IOSCO representative to

the FSB’s Assessment Group on Vulnerabilities and the FSB/IMF Early Warning Exercise, and was in charge of coordinating the Secretariat’s

work with IOSCO’s Committee on Emerging Risk. Prior to IOSCO, by 2009 he had worked for over a decade in economic research and

strategy consultancy at Nyenrode University and the Netherlands Authority for the Financial Markets (AFM).

Javier Marzo

Partner in the Corporate Department

and jointly responsible for the Telecommunications & Media practice area at Garrigues. He has

participated in a number of M&A, acquisition inance and private equity transactions, particularly in technology, telecoms, media, energy and infrastructure companies, as well as privatizations and cross-border transactions. He was an international

associate at Simpson Thacher & Bartlett in New York. He has been a lecturer at several institutions and is

the academic director of the LLM in

International Transactions offered by the Centro de Estudios Garrigues and

Nebrija University in collaboration with Fordham Law School. He holds a Law Degree from Autonomous University of Madrid, an MA in International Relations (International Political Economy) from the University of Southern California, and a Master’s Degree in European

Union studies from the University of Amsterdam.

Beata Fröhlich

Qualiied lawyer specialized in international commercial and

investment arbitration, ADR, litigation, EU law and international law. She was a visiting scholar at

Columbia Law School (US) and a postdoctoral fellow at McGill

University (Canada). She obtained her PhD and LLM from Vilnius

University and was awarded an LLM in Commercial Law from University College London (UCL). She was the recipient of the Swiss Arbitration Academy annual grant in 2016. She has been awarded the Certiicate of Advanced Studies in Arbitration of the Universities of Lucerne, together with the University of Neuchâtel, as well as the Swis Arbitration Academy and the Arbitration Practitioner diploma issued by the SAA.


Gemma Minero

Assistant Professor of Civil and Intellectual Property Law, Vice Dean for Undergraduate Studies

and Coordinator for the LLM in IP

& IT at the Autonomous University of Madrid. Her research focuses on

IP rights and new technologies, including software, databases and technological measures. She

was previously a visiting lecturer at Toulouse 1 University Capitole and at the University of Strasbourg in France and Turku University (Finland). She has been a visiting researcher at the Centre for

Commercial Law studies at Queen

Mary University of London. She has received numerous awards during

her academic career, including the Award for the Best Spanish Law Thesis and the Third National Excellence Award from the Spanish Ministry for Education. She received her Bachelor of Law, LLM in PI & IT and EU Law and her PhD in Law

and Politics from the Autonomous University of Madrid.

Ángel Calleja

Academic Director of the Postgrad in International Business Law at Centro de

Estudios Garrigues. Until 2017 partner of Garrigues Law Firm, involved in the international and tax department. Leading advisor on both domestic and

international transactions for leading

Spanish multinationals.

Advisor to numerous foreign multinationals operating in Spain. Head

of planning and structuring of the

most important investments made by Spanish companies abroad.

Handled the irst purchase of a US listed company by a Spanish multinational. Carried out the planning of the

most important Spanish investment

deals in Latin America. Posting in Germany (1997) where he advised the main German multinationals with

investments in Spain. Responsible for

the most relevant global transaction

for suspension of trading on the stock markets of Latin America and New York.OECD: Private expert, advisor on transfer pricing and business restructuring.

Consistently included in all the main independent international rankings: Chambers, Euromoney, International Tax Review, Who’s Who, Best Lawyer and others.


• For more information about the program, registration, and accommodation in Madrid, please contact: [email protected] or access to our website: centrogarrigues.com

ENROLLMENT

• The course will take place every day from July 6 to July 17, 2020 (excluding Saturday and Sunday). Each module will last four hours. The lectures will take place from 10am to 2pm, and the seminars will be held in the afternoon, from 3:30pm to 5:30pm.

SCHEDULE

• €2,900 • Alumni discount: 30% • Early bird discount (before March 31): 20%

FEES

• July 6 to July 17, 2020

DATE

• Participants that successfully attend and complete the program will obtain a Diploma in Comparative

and International Business Law issued by the Centro de Estudios Garrigues.

CERTIFICATE


Part-Time Executive Master’s Degrees

• Tax Advice • International Taxation • LL.M. in International Transactions*

• Business Law Practice

• Human Resources

Executive Programs

• Compensation and Beneits • Compensation and Beneits (Advanced) • Corporate Compliance

• Entrepreneurship and Start-ups • Fashion & Law • Sports Management (Sports Business Administration) • Labor Relations

• Blockchain and Artiicial Intelligence • Fintech

Full-time Master’s Degrees

• Tax Practice* • Banking and Finance* • Human Resources*

• MBA Fashion Business & Law • MBA i n Sports Business & Law • Dual qualiications: Master’s Degree in Legal Practice* • Master’s Degree for Access to the Legal Profession

+ Tax Specialty* • Master’s Degree for Access to the Legal Profession

+ Business Specialty* • Master’s Degree for Access to the Legal Profession

+ Labor & Employment Specialty* • Master’s Degree for Access to the Legal Profession

+ International Business Law Specialty*

Our programs

* Oficially-recognized Master’s Degrees.

Paseo de Recoletos, 35 • 28004 Madrid, Spain • T (+34) 91 514 53 30 • [email protected]

Follow us:

centrogarrigues.com

Powered by TCPDF (www.tcpdf.org)

http://www.tcpdf.org

summer school - centro de estudios garrigues...the role of corporate law in the development of...

Documents