Facilitator Guide
Corporate Approvals
Facilitator Guide
Corporate Approvals
- Topic
- Corporate Governance
- Duration
- Format
- Remote or in person
What’s Covered
- What corporate approvals are
- Authorizations and ratifications
- Board voting thresholds
- Shareholder voting thresholds
Before the Session
Prepare the Attendees
Send the attendees an invitation for the session. Include this link, which has the videos and exercise they’ll need to prepare.
https://www.hotshotlegal.com/trainings/corporate-approvals/attendee
Prepare Yourself
Watch the videos and read the exercise so you’re familiar with the Hotshot material.
-
Course
The role of bylaws in a corporation, including common components, how they can be amended, and important differences between public and private company bylaws.
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Course
How a company authorizes its actions, including how to determine when board and stockholder approval is needed, how approvals can be obtained, the difference between resolutions, consents, and minutes, and how to determine the voting threshold needed for an approval.
During the Session
- What’s the purpose of a corporate approval?
- When are board and stockholder approvals needed?
- What’s the process of getting a corporate approval?
- How can you determine whose vote is needed for board or stockholder approval?
- What’s the different between an authorization and a ratification?
- Anecdotes and war stories (e.g., about a near-disaster or a tough negotiation)
- General practice tips (dos and don’ts)
- Firm-specific guidance and practices
After the Session
About Hotshot
Hotshot helps lawyers develop their legal, business, and technology skills through short videos, quizzes, and summaries, and we help law firms and law schools plan and deliver engaging training programs. Our customers include Am Law 200 firms, top law schools, and regional and international firms.
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