Proskauer has announced that top-ranked private equity/buyouts lawyer Steven M. Peck has joined the firm’s Corporate Department and Private Equity and Mergers & Acquisitions Groups. Mr. Peck’s diverse transactional experience includes representing private equity sponsors, multi-national corporations, and other market participants in their most challenging transactional matters in the United States and throughout the world. He also advises clients regarding securities law issues, disclosure and compliance matters, and corporate governance.
Resident in the firm’s Boston office, Mr. Peck is ranked as a leading lawyer for Private Equity/Buyouts by Chambers USA. He has been featured as a panelist at the Federal Securities Institute in Miami, Florida and as a guest lecturer on corporate and private equity law at Harvard Business School and the MIT Sloan School of Management.
“Steve’s private equity and M&A experience is a perfect fit with our transactional private equity practice, and will be a strong complement for our multi-tranche finance and private investment funds clients,” stated Ronald R. Papa, co-Chair of the firm’s Corporate Department and co-head of the M&A group. “We are delighted to welcome him to Proskauer.”
Joseph A. Capraro, Proskauer’s Boston office head, commented, “In addition to the depth he brings to our national and international private equity practice, Steve continues the expansion of our transactional team in Boston. We are thrilled to have him onboard as we continue to deepen the comprehensive services we provide to the private equity industry.”
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Michael J. Choate has joined the Proskauer’s preeminent Real Estate Capital Markets group as a partner. Mr. Choate has a distinguished track record with almost 25 years’ experience in REITs, securities and corporate finance, corporate governance, and mergers and acquisitions. Mr. Choate will be joined by Kevin M. Lippert, who will serve as senior counsel. Both will be resident in the firm’s Chicago office.
“We are very pleased to add a lawyer of Michael’s stature and depth of experience to our real estate capital markets practice,” said Proskauer chairman Joseph M. Leccese. “Under Peter Fass’s leadership, we have developed a leading REITs practice. Both Michael and Kevin’s appointments are a reflection of our commitment to remain at the forefront of this sector.”
Mr. Choate advises both publicly traded and non-listed REITs in equity and debt offerings, merger and acquisition transactions and internalization transactions. He represents REITs sponsored by Inland Real Estate Investment Corporation including Inland Real Estate Corporation, a self-administered NYSE-listed REIT, and REITs sponsored by affiliates of Behringer Harvard Holdings. Mr. Choate also counsels publicly traded entities on matters of corporate governance, securities law, compliance and proxy and tender offer situations. Mr. Lippert focuses his practice on REITs, including public and private offerings of equity and debt securities and mergers and acquisitions.
Peter M. Fass, partner and co-head of the Real Estate Capital Markets Group stated, “Michael is a highly regarded REITs practitioner and possesses an unmatched knowledge of the industry. His addition enhances our capacity to offer a full range of services to issuers, underwriters, lenders and investors focused on the REIT sector. We welcome Michael to the team and look forward to his valuable contribution.”
Ronald R. Papa, partner and co-chair of the Corporate Department said, “Michael’s REITs practice and transactional experience will complement our group’s recognized leadership in advising on sophisticated transactions involving real estate investment companies and public and private mergers and acquisitions.”
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Proskauer represented Sunrise Sports & Entertainment, and its general Partner, Clifford Viner, in the sale of the Florida Panthers (NHL), including the operations of the BB&T Center in Sunrise, Florida, to Vincent Viola, Chief Executive Officer of Virtu Financial. The transaction closed on September 26, 2013.
Leading the Proskauer team were the firm’s chairman, Joseph M. Leccese, Wayne Katz (Sports) and Ronald R. Papa, co-Chair of the firm's Corporate Department and co-head of the Mergers & Acquisitions Group. The team included partners, Andrew Bettwy (Finance), Daryn Grossman (Technology, Media & Communications), Amanda Nussbaum (Tax), Howard Robbins (Labor & Employment) and Steven Weinstein (Employee Benefits); Senior Counsel Jenifer deWolf Paine (Intellectual Property); and associates Van Ann Bui (Corporate), Yoon Suk Choo (Corporate), Steven Einhorn (Employee Benefits), Mina Farbood (Mergers & Acquisitions), Malcolm Hochenberg (Tax), Katrina McCann (Employee Benefits), Yelena Simonyuk (Environmental),Ted Tywang (Corporate), and Jessica Weitzman (Technology, Media & Communications).