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BRIEFS<br />

Marcel A. Desautels Centre for Private Enterprise and <strong>the</strong><br />

<strong>Law</strong> Partners with Firmex<br />

BUSINESS TRANSACTIONS: THE ART OF THE DEAL COURSE<br />

WILL UTILIZE THE VIRTUAL DATA ROOM TO HOST MOCK DEALS<br />

The Marcel A. Desautels Centre<br />

for Private Enterprise and <strong>the</strong> <strong>Law</strong><br />

(Desautels Centre) has partnered<br />

with virtual data room provider<br />

Firmex Inc. to host “mock deals”<br />

to enhance its course on Business<br />

Transactions: The Art <strong>of</strong> <strong>the</strong> Deal.<br />

By using real-world tools like a<br />

virtual data room, <strong>the</strong> course<br />

is able to improve <strong>the</strong> practical<br />

application and understanding<br />

<strong>of</strong> <strong>the</strong> advisory role <strong>of</strong> counsel<br />

in transactional matters.<br />

“We are very excited to be adding<br />

this technology component to<br />

our curriculum,” said John Pozios,<br />

director <strong>of</strong> <strong>the</strong> Desautels Centre.<br />

“Experience with <strong>the</strong> actual<br />

s<strong>of</strong>tware tools used by<br />

transactional pr<strong>of</strong>essionals better<br />

prepares our students to not only<br />

compete for jobs but to excel at<br />

<strong>the</strong>m postgraduation.”<br />

Firmex Inc., a Canadian s<strong>of</strong>tware<br />

company, is a cloud based provider<br />

<strong>of</strong> secure document sharing<br />

services. Virtual data rooms differ<br />

from o<strong>the</strong>r cloud-based document<br />

sharing services because <strong>the</strong>y<br />

provide stringent document-level<br />

security, such as encryption and<br />

digital rights management.<br />

Virtual data rooms are well-suited<br />

for processes that need to share<br />

large amounts <strong>of</strong> confidential<br />

documents, in a compressed<br />

time frame, with individuals that<br />

sit outside <strong>the</strong> corporate firewall,<br />

including M&A deals, financial<br />

audits, compliance and litigation.<br />

“We are proud to work with <strong>the</strong><br />

Desautels Centre for Private<br />

Enterprise to support <strong>the</strong>ir unique<br />

approach to this important area <strong>of</strong><br />

law,” said Joel Lessem, CEO, Firmex.<br />

The Desautels Centre integrates<br />

<strong>the</strong> disciplines <strong>of</strong> law, business<br />

and <strong>the</strong> humanities as <strong>the</strong>y<br />

apply to family controlled and<br />

o<strong>the</strong>r private enterprises, which<br />

contribute significantly in principal<br />

to <strong>the</strong> foundation <strong>of</strong> all economic<br />

activity in Canada. This focus<br />

on private enterprise, ra<strong>the</strong>r<br />

than public corporations, and a<br />

multi-disciplinary approach to<br />

understanding business people,<br />

as well as <strong>the</strong>ir businesses, makes<br />

<strong>the</strong> Centre unique for a Canadian<br />

law school. Through <strong>the</strong> Centre’s<br />

academic programs, students<br />

develop <strong>the</strong> necessary skills, and<br />

acquire relevant perspectives<br />

to address, in a holistic manner,<br />

issues faced by <strong>the</strong>se enterprises<br />

and <strong>the</strong>ir owners at all stages <strong>of</strong><br />

<strong>the</strong> private business life cycle,<br />

from conception through growth<br />

and development, to maturity,<br />

succession and disposition.<br />

For more information<br />

Contact John Pozios Director, Marcel<br />

A. Desautels Centre for Private<br />

Enterprise and <strong>the</strong> <strong>Law</strong><br />

UNIVERSITY OF MANITOBA, FACULTY OF LAW robsonhall.ca 68

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