Binder Grösswang Team Once Again Wins Elsa M&A Moot Court Finals at National Level
For the sixth time in succession, a team supervised by Binder Grösswang Partner Markus Uitz and Attorney-at-Law Moritz Salzgeber won the “ELSA Seal the Deal M&A Contract Competition”.
After their victory at the Juridicum building of the University of Vienna Faculty of Law, the team of students comprising Alexandra Koller, Narges Mussawi and Nikita Bojovic also triumphed in the hard-fought finals at national level.
As in the last five competitions, the winning team was supervised by Partner Markus Uitz and Attorney-at-Law Moritz Salzgeber of Binder Grösswang
We congratulate all the participants on their superb performance and extend our sincere thanks to ELSA Austria for the organization of the event.
The M&A Contract Competitions involve simulated M&A transactions in which law students, acting as representatives of fictive parties, draw up and negotiate an agreement on the sale and transfer of shares (SPA) on the basis of a common set of facts and a term sheet negotiated by one of the fictive clients. In this year’s competition, the Binder Grösswang team prevailed over the teams supervised by other major law firms above all due to its negotiation strategy, as well as its well-founded legal knowledge.