Business Pitch Dictionary by pitch.dog
Term-sheet control & investor rights · Working

Counsel to the company

Also called: company counsel

ELI5

The company's lawyers.

Used in conversation

“Counsel to the company is preparing the closing set.”

Definition

The lawyers representing the company in a financing or transaction.

Here “Counsel to the company” means: The lawyers representing the company in a financing or transaction.

Pitch context

You will see “Counsel to the company” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches term-sheet control & investor rights.

Why it matters: In term-sheet control & investor rights, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.