for Dummies

A loan in bad faith refers to a situation where a lender provides a loan to a borrower knowing that the borrower is unlikely to

An Initial Public Offering (IPO) is a complex process that involves several steps and requires careful planning and preparation. The following are the general steps

It should be noted that not only is the definition of the word Expert unclear, as noted in my previous articles on the subject, but that the criteria vary considerably from one branch of activity to another.

Marc Deschenaux is the founder and managing partner of Deschenaux & Partners LLP. Throughout an illustrious career, he has been involved in 169 IPO’s and more than 240 private offerings.

The long-awaited debuts of mega unicorns Uber and Lyft were mega busts, capped off by WeWork’s kamikaze IPO attempt in September. But beyond these headline-grabbing

SHARES OF STOCK ISSUES I. GENERAL RULES AND CLASSIC FINANCING METHODS An entrepreneur or a company is looking to raise capital to undertake a project.

IPO Allotment is a process where the “registrar to the offer” with the help of a lottery system finalize the process of allocating the IPO

A pass-through security is backed by one or more income generating assets. A servicing intermediary collects the monthly payments from the issuer/s and, after deducting a fee, remits or passes them through

A share of stock in a company may have a par value or no-par value. These categories are both pretty much a historical oddity and

In almost all jurisdictions, a work made for hire (work for hire or WFH) is a work created by an employee or a subcontractor as

The Theory of Objects was born from the conception of object-oriented programming but its use expanded from computers to business analysis in general thereby giving

Many businesspeople come to me to ask me help them close multimillion and sometimes multibillion deals. They are broke but in their mind, this is

Definition The Subscription is a form of purchase agreement that differentiates itself from the classic purchase and sale agreement of securities, because it creates said

The Roadshow is a presentation organized by an issuer of securities and the syndicate of brokers and investment banks underwriting an issue of securities, aiming

This is a true story, just as it happened. In these times, Mohamed and I were spending our time in the Noga Hilton –today called

The Multilevel Brokerage Network is a very different kind of multilevel marketing network because there is only one sale of product or services from the

The investment analysis, due diligence and selection processes tend to be long and expensive. These are the reasons why many investors try to avoid those

The Definition of the word Jurist The word Jurist is of Latin origin: iuris, “right”. According to the spirit of Roman law, the jurist is

Il a des idées sur tout, mais il a surtout des idées. Coluche He has ideas over all, but overall he only has ideas. Coluche

A domino effect or chain reaction is the cumulative effect produced when one event sets off a chain of similar events. The term is best known

Every action produces a reaction and a result which in turn produce repercussions. The child throws the ball (action) which pushes the air (reaction) which

Which currency is stable over time and not subject to inflation? None. The reason why is simple: Every currency is: A borrowing tool for the

A Term Sheet is a non binding document outlining the terms and conditions of a transaction, a contract, or of an offering. A Term Sheet

Sequel to my article: Story for understanding music Copyrights As the music score is only the dna of a music work, Mr. Composer Author and

First, let’s understand authoring rights: Mr. Composer Author married Ms. Lyricist Author and thus they became the Co-Author couple. They made a half a baby:

When one sees a stock quote, especially when one possesses this stock, one always thinks that this price applies to its entire participation. Besides, is

When we organize the initial public offering of a foreign company in the United States, we usually need to make the foreign company become a

The Secret originates from the law, either as attributed to a profession, then it will be called Professional Secret or as attributed to those who

The smart contract is a small computer application simulating the operation of a contract: The manifestation of reciprocal and concordant wills, materialized by several valid

Principle The purpose of financial projections is to estimate the future performance of a particular issuer using the necessary assumptions in order to prepare the

excerpt from Isabelle Nazare-Aga’s book “The manipulators are among us“. I have been hesitating a long time to publish an article where more than 80%

In finance, the private equity secondary market (also often called private equity secondaries secondaries) refers to the buying and selling of pre-existing investor commitments to private

In finance, private equity is a type of investment where the investor participates in the ownership of the company contrarily to a creditor or debt

The distribution of shares of stock, of bonds or of any other sort of securities can be done in a private or public manner. Everywhere

In the medias, many inepties are told about primary and secondary stock markets. When reading that, one can easily imagine that they are different markets

In the beginning of our story there was the homo putans (the thinking human being), the first prehistorical human who began to analyze and control

The Parley or the pre-contractual stage is a phase preceding the negotiation of a contract. To prepare for the successful conclusion of a contract, two

The offer must be precise and complete, it may be tacit, implied or express and can not be withdrawn before the fixed date or a

Mezzanine Financing or Mezzanine Capital refers to subordinated debt or preferred equity securities that often represent the most junior portion of a company’s capital structure, but that is still senior to the

Definition A Letter Of Intent L.O.I. or LOI is different from a term sheet because whether binding or not, it expresses consent to certain terms, whether preliminary

From a legal standpoint, the owner is way too often liable of many things unknown to him or her. On several occasions, I have been

This question is always a topic of discussion among the various actors of and around the company, from the entrepreneur to the investment bankers, going

Abstract from Investment Madness by John R. Nofsinger In order to operate in the financial markets, it is crucial to understand the investor’s psychology. Every