Europe Chapter Event "Explaining the New Draft Asset SPA Model Form" - London

Thursday, January 24, 2019 (5:30pm - 8:30pm Europe/London)
Vinson & Elkins
20 Fenchurch St., 24th Floor
London EC3M 3BY
United Kingdom

Uisdean Vass, Head of Oil & Gas & Partner, Ledingham Chalmers LLP, Aberdeen
Chris Strong, Partner, Vinson & Elkins LLP, London

This event is sold out. We apologize for any inconvenience.

Join the Europe Chapter for a presentation and networking event on the new draft Asset SPA Model Form in London. In the wake of forming a drafting committee of over 100 members from all over the world and after the continuous development of an initial “skeleton” which was based on the “chassis” of the existing and evolving AIPN Farmout Agreement, a draft Asset SPA was presented at the AIPN Model Contracts Workshop in Vail, Colorado in September. The drafting Asset SPA co-chairs and committee are working on a revised draft to include the extensive commentary received in Vail.

The event will feature a discussion and Q&A on issues related to the Asset SPA including:

• the usual fact situation for the Asset SPA and differences with the Farmout,
• conditions precedent and longstop,
• the material adverse event,
• how purchase price is determined,
• adjustments,
• completion,
• interim period covenants,
• representations and warranties,
• limitations and liabilities,
• tax issues,
• dispute resolution,
• decommissioning, and
• the ongoing process for completion of the new model form.

Refreshments will be served.

Online registration has been closed and we will not be accepting on-site registrations. In case of any cancellations, we will contact the people on the waiting list. If you have any questions, please contact

This event is anticipated to be held in Houston in early or mid-2019.

Special thanks to event-sponsors:       Lendingham Chalmers       Vinson & Elkins