5th IBA European Startup Conference

27 Sep - 28 Sep 2022

Session information

Session nine: What you as a lawyer need to consider is an unstable funding climate

Wednesday 28 September (1600 - 1630)


The second session will build on some of the insights provided in the earlier session on funding and valuation. During this session we will take a more technical dive into matters that lawyers should be considering in the current funding climate when drafting and negotiating transaction documents including: 

•    Investor defaults – what happens if the investor cannot complete on the funding round after signing
•    Impact on funding instruments –  convertible equity/debt, venture debt
•    Impact on deal terms – anti-dilution protection, milestone investments, increased governance rights
•    Impact on deal certainty – material adverse change (MAC) clauses, walk away provisions, force majeure and hardship clauses

Session / Workshop Chair(s)

Benjamin Ullrich YPOG , Berlin, Germany


Siobhan Langwade Taylor Wessing, London, England
Rita Sobral Cooley (UK), London, England