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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