Draft the shareholder-approval or scheme booklet and explanatory statement
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Draft booklet or explanatory-statement sections from the scheme or merger documents, and list disclosures that lack a verification note.
- What the lawyer must review
- Source every disclosure
- Keep court and regulator review copies with the lawyer
- Leave independent-expert content with the expert
- 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
- Check the specialist’s assumptions, qualifications and limits. Obtain the relevant expert or specialist review before relying on a technical conclusion.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- 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.