Draft a deed of company arrangement from the term sheet
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Draft a DOCA from the term sheet (fund, moratorium, administrator role, waterfall), listing non-standard terms, PPSA priority carve-outs and related-party voting limits.
- What the lawyer must review
- Review every non-standard term
- Diarise the 15-business-day execution deadline
- Check priorities against a live PPSR search and employee priority (s 556)
- Check related-party voting (s 600A) and moratorium reach over non-consenting secured creditors
- Get tax advice on debt forgiveness
- Written for / version
- Commonwealth versionCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
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.