Law firm Veat undertook legal review of investment agreements resulting from a new business venture for A, a capacitor manufacturer.
A wanted to have the legal review to verify that there were no conflicting parts between the existing investment agreement and the new business venture before entering a new business.
In cases of startups that have raised investment, many times, to start a new business or establish a subsidiary and begin business in another area, it is necessary to obtain consent from investors. This is because unforeseen things can be expected at the point of investing in the new business, which becomes a key factor influencing the investment decision, and it is often stipulated in the investment agreement that when entering a new business venture, consent must be obtained from the investor.
Law firm Veat based on this content, derived the consent content and types that investors should acquire, and reviewed the conditions to obtain consent from investors and provided guidance.
During the process of coordinating various investments, investment agreements are drafted based on agreed-upon Term-sheets. Because these investment agreements influence multiple investment stages, it is recommended that both the investor and the client, ensure satisfaction by having experienced lawyers review and draft the investment agreement from the initial investment stage.
Law firm Veat is a global leader in the investment sector and was selected as a Finalist for Korea Deal Firm in the ‘ALB Korea Award 2022’ for two consecutive years, and it achieved 2nd place in the Bloomberg M&A league table in Q1 2023, proving its strength in investment advisory.
If you need an investment agreement or investment agreement legal review, please contact Law firm Veat as indicated below.
Thank you.
Law firm Veat.