Draft a deed of company arrangement or comparable restructuring deed
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Draft a restructuring deed from the term sheet covering the fund, moratorium, administrator role and distribution waterfall, listing non-standard terms to settle.
- What the lawyer must review
- Negotiate every commercial term
- Check secured-creditor treatment, employee priority and execution deadlines
- Check them against the signed resolution and live searches
- Written for / version
- Cth
Open a jurisdiction version of this task to see which instruments apply.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Calculate operative dates independently from the current rule and actual triggering event. Check exceptions and record the verified deadline.
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Obtain and inspect the relevant current official register or search result. Confirm identities, interests and the date and scope of the search.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.