Courses

    This course will use recent transactions involving infrastructure projects (domestic and international) to illustrate the legal techniques and financial issues involved in project development and project financing. Class discussion will include the key documents used to develop, construct, acquire and finance projects. Students will participate in contract negotiation and drafting exercises with the assumption they represent designated parties to a transaction. Coverage will include different sources of financing, including banks, capital markets, hedge funds, tax-exempt financing and multinational entities. The course will address case studies involving energy projects, telecom infrastructure and professional sports facilities . Unique issues faced by international projects will also be discussed. There will be a final examination. There will also be a drafting exercise that will be graded. Readings: The required course textbooks are E.R. Yescombe, Principles of Project Finance (London: Academic Press, an imprint of Elsevier, 2002) and Benjamin C. Esty, Modern Project Finance (Boston, John Wiley & Sons, Inc., 2004). Additional materials and/or case studies will be distributed.