Corporate & Finance Group
The Corporate & Finance Group at Cummings & Lockwood provides experienced advocacy in myriad complex business transactions and engagements. Whether representing individual business executives or investors, collaborating with in-house legal departments or serving as outside counsel, our attorneys deliver high-touch, responsive service and thoughtful advice designed to effectively help our clients reach their goals.
We serve privately-held and publicly-traded companies of all sizes, including a number of Fortune 500 corporations and U.S.-based and foreign multinational companies. Many of our clients are engaged in a variety of service and manufacturing concerns, as well as regulated industries, such as banking, health care, commercial finance and insurance.
Our Corporate & Finance Group is regularly involved in all aspects of the following principal areas:
- Corporate Representation of Banks and Other Financial Institutions
- Loan Transactions and Financings
- Mergers and Acquisitions
- Corporate Governance
- Venture Capital
- Tax
- Partnerships, LLCs, LLPs and Joint Ventures
- Investment Management
- Equity Financing
- Bank Regulatory Law
With our results-oriented approach to every matter – ranging from sophisticated financing arrangements and strategic business expansions to compliance issues or corporate reorganizations – Cummings & Lockwood offers a combination of creativity, practicality and industry insight.
Cummings & Lockwood - The Choice for sophisticated legal counsel.
2023 Representative Matters
Cummings & Lockwood’s Corporate and Finance Group closed numerous transactions on a wide
range of matters, including those for individual investors, entrepreneurs, family offices, and
privately held and closely held businesses. Among our transactions in 2023 were the following:
- We assisted numerous owners of privately-held and family-owned companies, including traditional operating businesses, entrepreneurial enterprises and family investment partnerships, in the development and implementation of business succession plans.
- We assisted countless families with the selection and development of the most appropriate structures or entities for their businesses and personal ventures, including limited liability companies (LLCs) and limited liability partnerships (LLPs). We provided counsel on the rules, policies and procedures that govern these entities, as well as prepared and filed the relevant formation documentation.
- We assisted a number of family offices and closely held businesses in the acquisition and divestiture of family office holdings, whether consisting of private equity and similar investments or mature and family-controlled businesses, serving as primary counsel for buyers and sellers, and as conflicts counsel for specific family members or trusts.
- We represented the Buyer in the acquisition of a New England manufacturer of ornamental decorations.
- We represented the Seller in the sale of a New York City-based laundromat.
- We represented the Administrative Agents and lead Lenders in a $305,000,000 and a $150,000,000 working capital credit facility to a National Hockey League team.
- We represented the Administrative Agent and lead Lender in the renewal and increase of a $200,000,000 working capital credit facility to a National Football League team.
- We represented the Administrative Agent and lead Lender in the modification of a $1.5 billion Syndicated Credit Facility secured by a fine art collection, as well as Lenders in numerous credit facilities secured by fine art.
- We represented the Lender in a $1,200,000,000 credit facility to several hedge fund entities, as well as the Lender in a $300,000,000 credit facility secured by an investment vehicle owning interests in various hedge funds.
- We represented the Lender in a $250,000,000 credit facility to a family holding company secured by its interests in numerous investment vehicles, as well as the Lender in a $50,000,000 credit facility secured by investment management fees.
- We represented the Lenders in numerous credit facilities to hedge fund and private equity management companies and their principals secured by interests in investment funds, holding companies and investment management fees.
- We represented the Administrative Agent in a $975,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lenders in a $10,000,000 and $35,000,000 Working Capital Credit Facility among a Private Equity Fund Advisor, and such Lender, secured primarily by management fees.
- We represented the Lenders in a $125,000,000 and $300,000,000 Subscription Credit Facility among various Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $300,000,000 Subscription Credit Facility among Private Equity Funds with Qualified Designated Entity Borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agents in a $850,000,000 and a $225,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agents and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $150,000,000 Multi-Vintage Subscription Credit Facility with Qualified Designated Entity Borrowers, among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented the Lender in a Co-investment Credit Facility among Co-investment Entities, Employees and Principals of Private Equity Fund and such Lender, secured primarily by the limited partnership interests of such Employees and Principals, respectively, in such Private Equity Funds, as well as other collateral.
2022 Representative Matters
Cummings & Lockwood’s Corporate and Finance Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2022 were the following:
- We represented the Administrative Agent and lead Lender in a $225,000,000 working capital credit facility to a National Hockey League team.
- We represented the Administrative Agent and lead Lender in a $175,000,000 working capital credit facility to a National Hockey League team.
- We represented the Administrative Agent and lead Lender in the renewal of a $150,000,000 working capital credit facility to a National Football League team.
- We represented a Lender in a $400,000,000 credit facility for the purchase of an interest in a National Basketball Association team.
- We represented a Lender in the renewal of over $1 billion in loans to the owner of a National Football League team.
- We represented the Administrative Agent and lead Lender in the renewal of a $1.5 billion syndicated credit facility secured by a fine art collection.
- We represented the Administrative Agent in a $975,000,000 syndicated subscription credit facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $10,000,000 working capital credit facility among a Private Equity Fund Advisor, and such Lender, secured primarily by management fees.
- We represented the Lender in a $125,000,000 subscription credit facility among various Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $300,000,000 subscription credit facility among Private Equity Funds with Qualified Designated Entity Borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agent in a $850,000,000 syndicated subscription credit facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agent in a $225,000,000 syndicated subscription credit facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $150,000,000 multi-vintage subscription credit facility with Qualified Designated Entity Borrowers, among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a co-investment credit facility among Co-investment Entities, Employees and Principals of a Private Equity Fund and such Lender, secured primarily by the limited partnership interests of such Employees and Principals, respectively, in such Private Equity Fund, as well as other collateral.
- We represented the Lender in a $35,000,000 working capital credit facility among a Private Equity Fund Advisor, and such Lender, secured primarily by management fees.
- We represented the Administrative Agent in a $100,000,000 syndicated working capital credit facility among Hedge Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by management fees and investment entity interests.
- We represented the Lender in a $800,000,000 credit facility to several hedge funds.
- We represented the Lender in a $150,000,000 credit facility to a group of family holding companies secured by interests in numerous hedge funds.
- We represented the Lender in a $150,000,000 credit facility to a family holding company secured by interests in a private international corporation.
- We represented the Lender in a $75,000,000 credit facility secured by real estate related revenues.
- We represented Lenders in numerous credit facilities to hedge fund and private equity management companies and their principals secured by interests in investment funds and holding companies.
- We represented Lenders in numerous credit facilities to hedge fund and private equity management companies secured by investment management fees.
- We represented a borrower in the technical services industry in a secured $31,000,000 bilateral revolving credit facility.
- We represented the borrower in a $106,000,000 refinancing of a term loan, development loan and revolver loan for a franchised national coffee chain network located in multiple states.
- We represented the borrowers in a $62,000,000 construction loan for a major real estate project in Fairfield County, Connecticut.
- We represented the seller in the sale of its industrial service and equipment supply business.
- We represented promoters in several private placement transactions and preemptive rights offerings.
- We represented a local area developer in the acquisition of two additional, nationally recognized coffee chains located in Colorado and Nevada, including the negotiation of all franchise and acquisition documents.
- We represented a regional area developer in the negotiation of various franchise documents for a variety of food and drink themed restaurants.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented an ultrasonic railroad inspection company in connection with an asset sale to a major industrial equipment supplier.
- We represented an expanding residential and commercial contractor in connection with a multi-state corporation reorganization and establishment of an equity plan and profits interest incentives.
- We represented numerous private banks in connection with documenting the transition from LIBOR- to SOFR- based credit facilities.
- We represented a major Dunkin’ Donuts and Baskin Robbins franchise owner/operator in connection with the acquisition of a portfolio of stores in Texas, Florida, and Arizona and an accompanying refinancing.
2021 Representative Matters
Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2021 were the following:
- We represented Lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a Lender in a financing of over $1 billion to the owner of a National Football League team.
- We represented the Administrative Agent and lead Lender in a $225,000,000 working capital credit facility to National Hockey League team.
- We represented a Lender in over $200,000,000 in loans to owners of National Football League teams under a new lending program.
- We continue to represent a Lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented the Administrative Agent and lead Lender in a $1.5 billion Syndicated Credit Facility secured by a fine art collection.
- We represented the Administrative Agent and Lead Lender in a $1.1 billion Syndicated Credit Facility to a foreign corporation secured by a fine art collection.
- We represented a Lender in multiple working capital credit facilities to investment advisors of several private equity and hedge funds, secured primarily by the management fees payable to such investment advisors.
- We represented Lenders in coinvestment credit facilities aggregating billions of dollars to principals of Private Equity Funds, secured primarily by limited partnership interests.
- We represented promoters in several private placement transactions and preemptive rights offerings.
- We represented the borrower in a $72,000,000 refinancing of a term loan, development loan and revolver loan for a franchised national coffee chain network located in multiple states.
- We represented a regional area developer in the negotiation of various franchise documents for a variety of food and drink themed restaurants.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented the Administrative Agent in a $850,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agent in a $500,000,000 bilateral Bridge Credit Facility With Qualified Designated Entity Borrowers among Private Equity Funds, as borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $300,000,000 bilateral Bridge Credit Facility With Qualified Designated Entity Borrowers among Private Equity Funds, as borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $400,000,000 bilateral Multi-Vintage Subscription Credit Facility with Qualified Designated Entity Borrowers, among Private Equity Funds, as borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
2020 Representative Matters
Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2020 were the following:
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a lender in a $150,000,000 working capital credit facility to a National Football League team.
- We continue to represent a lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented the administrative agent and lead lender in a $1.35 billion syndicated credit facility secured by a fine art collection.
- We represented the administrative agent and lead lender in a $1.1 billion syndicated credit facility to a foreign corporation secured by a fine art collection.
- We represented the Administrative Agent in a $850,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $200,000,000 Bridge Credit Facility among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $500,000,000 Bridge Credit Facility among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented the Lender in a $400,000,000 Multi-Vintage Subscription Credit Facility with Qualified Designated Entity Borrowers, among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented a lender in multiple working capital credit facilities to investment advisors of several private equity and hedge funds, secured primarily by the management fees payable to such investment advisors.
- We represented lenders in coinvestment credit facilities aggregating billions of dollars to principals of private equity funds, secured primarily by limited partnership interests.
- We represented promoters in several private placement transactions.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented a Florida company in the sale of its $130 million alcoholic beverage distribution business.
- We represented a lender in a financing of over $700 million for the acquisition of a Major League Baseball team.
2019 Representative Matters
Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2019 were the following:
- We represented the majority shareholder and founder in a $2.9 billion stock sale of a Midwest-based life safety, energy, construction and infrastructure company.
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a lender in a financing of over $1 billion for the acquisition of a National Football League team.
- We continue to represent a lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented the administrative agent and lead lender in a $1.35 billion syndicated credit facility secured by a fine art collection.
- We represented the administrative agent and lead lender in a $1.1 billion syndicated credit facility to a foreign corporation secured by a fine art collection.
- We represented the administrative agent and a lead lender in a $545 million syndicated credit facility secured by a fine art collection.
- We represented the administrative agent and lead lender in a $600 million (stepping up to $900 million) syndicated bridge-subscription credit facility to various private equity funds, as borrowers, secured by unfunded remaining capital commitments of investors to such private equity funds.
- We represented a lender in multiple working capital credit facilities to investment advisors of several private equity and hedge funds, secured primarily by the management fees payable to such investment advisors.
- We represented an administrative agent in a $250 million syndicated bridge-subscription credit facility among private equity funds, as the borrowers, and the administrative agent and other lenders thereto, secured by the unfunded capital commitments of the investors to such private equity funds.
- We represented lenders in coinvestment credit facilities aggregating billions of dollars to principals of private equity funds, secured primarily by limited partnership interests.
- We represented a lender in a multi-vintage $125 million bridge-subscription credit facility among various private equity funds, secured by unfunded remaining capital commitments of the investors to such private equity funds.
- We represented a lender in the restatement of a $500 million bridge-subscription credit facility to private equity funds, secured by investors' unfunded capital commitments to such private equity funds.
- We represented a local area developer in the acquisition of two large, nationally-recognized coffee chains located in Texas and Arizona, including the negotiation of all franchise and acquisition documents.
- We represented the promoters of an international company that develops, markets and distributes skincare products using medicinal plants, herbs and similar organic ingredients.
- We represented promoters in several private placement transactions.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented a shareholder in a $20 million asset sale of a Florida-based concrete and asphalt company.
2018 Representative Matters
- Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, large financial institutions and Fortune 100 companies. Among the significant transactions in 2018 were the following:
- We represented the Administrative Agent and Lead Lender in a $1,000,000,000 syndicated credit facility secured by a fine art collection.
- We represented Lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a Lender in a financing in excess of one billion dollars for the acquisition of a National Football League team.
- We continue to represent a Lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented a Lender in a $175,000,000 Bridge Credit Facility to several Private Equity Funds, secured by investors' unfunded capital commitments to such Private Equity Funds.
- We represented a Lender in multiple Working Capital Credit Facilities to Investment Advisors of several private Equity and Hedge Funds, secured primarily by the Management Fees payable to such Investment Advisors.
- We represented an Administrative Agent in a $400,000,000 syndicated Bridge Credit Facility among Private Equity Funds, as the Borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented a Lender in the renewal and various temporary increases of a $100,000,000 Bridge Credit Facility among a Private Equity Fund and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented Lenders in coinvestment credit facilities aggregating billions of dollars to principals of Private Equity Funds, secured primarily by the limited partnership interests of such principals.
- We represented a Lender in the restatement and restructure of a $125,000,000 Bridge Credit Facility among various Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We negotiated an equity joint venture agreement with a coalition of large family offices based in Washington D.C.
- We represented the Purchaser in the acquisition and financing of three large, nationally recognized coffee chains located in Texas and Arizona.
- We represented the Promoters in several private placement transactions.
- We provided corporate governance advice and documentation relating to various investment entities.
2017 Representative Matters
- Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, large financial institutions and Fortune 100 companies. Among the significant transactions in 2017 were the following:
- We advised various technology companies and other start-ups in connection with their formation, capitalization and initial business operations.
- We provided general corporate advice to numerous mature businesses in connection with their ongoing operations, including various equity and debt financings on their behalf.
- We provided advice and guidance to a variety of clients in connection with substantial merger, acquisition and disposition transactions, including domestic and offshore tax-free reorganizations.
- We formed hedge funds and other pooled investment vehicles on behalf of several clients, and advised them on the regulatory landscape affecting investment funds and their advisers.
- We represented issuers and investors in several substantial private placement transactions, including various private equity, venture capital and hedge fund financing arrangements.
- We advised individual investors with respect to their beneficial ownership reporting obligations under the federal securities laws.
- We represented lenders in several bridge credit facilities, ranging from $75,000,000 to $1,400,000,000, among private equity funds, secured by the unfunded capital commitments of investors.
- We represented a lender in a $2 billion term loan to an investment fund, secured by partnership interests and liquid assets.
- We represented the administrative agent and lead lender in a $1,000,000,000 syndicated credit facility secured by a fine art collection.
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a major money center bank in several financings of professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented a local university in Connecticut in negotiations relating to the purchase of a nearby college.
- We represented a major Area Development Franchisee in the sale of a chain of nationally recognized coffee stores in the Washington, DC metropolitan area, as well as the negotiation of a new store development agreement and the acquisition of a number of existing retail sites in the Dallas, Texas metropolitan area.
2016 Representative Matters
- We advised various technology companies and other start-ups in connection with their formation, capitalization and initial business operations.
- We provided general corporate advice to numerous mature businesses in connection with their ongoing operations, including various equity and debt financings on their behalf.
- We provided advice and guidance to a variety of clients in connection with substantial merger, acquisition and disposition transactions, including domestic and offshore tax-free reorganizations.
- We formed hedge funds and other pooled investment vehicles on behalf of several clients, and advised them on the regulatory landscape affecting investment funds and their advisers.
- We represented issuers and investors in several substantial private placement transactions, including various private equity, venture capital and hedge fund financing arrangements.
- We represented individual investors acquiring and disposing of minority interests in a number of professional sports franchises.
- We represented the owners of two major automobile dealerships in connection with the sale of their businesses and franchises to a large, publicly-traded automotive group.
- We represented lenders in several bridge credit facilities, ranging from $75,000,000 to $1,400,000,000, among private equity funds, secured by the unfunded capital commitments of investors.
- We represented the lender in a $25,000,000 working capital and co-investment credit facility, secured primarily by limited partnership interests in such private equity fund and the management fees payable to the investment advisor.
- We represented the administrative agent and lead lender in a $1,000,000,000 syndicated credit facility secured by a fine art collection.
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a major money center bank in several financings of professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
Alerts & Updates
- 2023 Cummings & Lockwood Firmwide Annual Update
- Corporate Transparency Act
- 2022 Cummings & Lockwood Firmwide Annual Update
- The Department of the Treasury Issues Proposed Regulations Implementing the Corporate Transparency Act
- 2020 Cummings & Lockwood Annual Update
- 2019 Cummings & Lockwood Annual Update
Articles
Brochures
News & Press Releases
- 41 Cummings & Lockwood Attorneys Have Been Recognized by Best Lawyers® in America in Its 2025 Edition
- 42 Cummings & Lockwood Attorneys Have Been Recognized by Best Lawyers® in America in Its 2024 Edition
- 29 Cummings & Lockwood Attorneys Named Best Lawyers® in Connecticut for 2023
- Marc T. Finer Joins Cummings & Lockwood as a Principal Tax Attorney
- Stamford Office - 2023 Best Lawyers in America® and Ones to Watch™
- 41 Cummings & Lockwood Attorneys Have Been Recognized by Best Lawyers® in America in Its 2023 Edition
- Scott T. Witthuhn, Commercial Attorney, Has Been Promoted to Counsel at Cummings & Lockwood LLC
- Cummings & Lockwood LLC Recognized as a “Best Law Firm” by Best Lawyers and U.S. News & World Report
- 18 Cummings & Lockwood Attorneys Named Top Lawyers in Fairfield County, Connecticut in 2021
- Corporate Attorney, Brendan Snowden, Promoted to Principal
- 35 Cummings & Lockwood Attorneys in Connecticut and Florida Have Been Named Among The Best Lawyers in America for 2021, 2 Attorneys Received Lawyer of the Year Awards and 8 Attorneys Have Been Identified as the Ones to Watch
- Cummings & Lockwood's Connecticut and Florida Offices Ranked as Best Law Firms in 2021
- 24 Cummings & Lockwood Attorneys Named in the 2020 Edition of Connecticut’s Best Lawyers
- Cummings & Lockwood Connecticut and Florida Offices Ranked as Best Law Firms in 2020
- 16 Cummings & Lockwood Attorneys Have Been Named 2019 New England Super Lawyers and Rising Stars
- 34 Cummings & Lockwood Attorneys in Connecticut and Florida Named Among The Best Lawyers in America for 2020
- Cummings & Lockwood Attorneys in Connecticut and Florida Named 2019 Best Lawyers in America
- 17 Cummings & Lockwood Attorneys Have Been Named 2018 New England Super Lawyers and Rising Stars
- Cummings & Lockwood’s Naples, Florida Office Marks Its 40th Anniversary
- 11 Cummings & Lockwood Attorneys Named Among The 200 Outstanding Lawyers of Fairfield County
Videos
2023 Representative Matters
Cummings & Lockwood’s Corporate and Finance Group closed numerous transactions on a wide
range of matters, including those for individual investors, entrepreneurs, family offices, and
privately held and closely held businesses. Among our transactions in 2023 were the following:
- We assisted numerous owners of privately-held and family-owned companies, including traditional operating businesses, entrepreneurial enterprises and family investment partnerships, in the development and implementation of business succession plans.
- We assisted countless families with the selection and development of the most appropriate structures or entities for their businesses and personal ventures, including limited liability companies (LLCs) and limited liability partnerships (LLPs). We provided counsel on the rules, policies and procedures that govern these entities, as well as prepared and filed the relevant formation documentation.
- We assisted a number of family offices and closely held businesses in the acquisition and divestiture of family office holdings, whether consisting of private equity and similar investments or mature and family-controlled businesses, serving as primary counsel for buyers and sellers, and as conflicts counsel for specific family members or trusts.
- We represented the Buyer in the acquisition of a New England manufacturer of ornamental decorations.
- We represented the Seller in the sale of a New York City-based laundromat.
- We represented the Administrative Agents and lead Lenders in a $305,000,000 and a $150,000,000 working capital credit facility to a National Hockey League team.
- We represented the Administrative Agent and lead Lender in the renewal and increase of a $200,000,000 working capital credit facility to a National Football League team.
- We represented the Administrative Agent and lead Lender in the modification of a $1.5 billion Syndicated Credit Facility secured by a fine art collection, as well as Lenders in numerous credit facilities secured by fine art.
- We represented the Lender in a $1,200,000,000 credit facility to several hedge fund entities, as well as the Lender in a $300,000,000 credit facility secured by an investment vehicle owning interests in various hedge funds.
- We represented the Lender in a $250,000,000 credit facility to a family holding company secured by its interests in numerous investment vehicles, as well as the Lender in a $50,000,000 credit facility secured by investment management fees.
- We represented the Lenders in numerous credit facilities to hedge fund and private equity management companies and their principals secured by interests in investment funds, holding companies and investment management fees.
- We represented the Administrative Agent in a $975,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lenders in a $10,000,000 and $35,000,000 Working Capital Credit Facility among a Private Equity Fund Advisor, and such Lender, secured primarily by management fees.
- We represented the Lenders in a $125,000,000 and $300,000,000 Subscription Credit Facility among various Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $300,000,000 Subscription Credit Facility among Private Equity Funds with Qualified Designated Entity Borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agents in a $850,000,000 and a $225,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agents and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $150,000,000 Multi-Vintage Subscription Credit Facility with Qualified Designated Entity Borrowers, among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented the Lender in a Co-investment Credit Facility among Co-investment Entities, Employees and Principals of Private Equity Fund and such Lender, secured primarily by the limited partnership interests of such Employees and Principals, respectively, in such Private Equity Funds, as well as other collateral.
2022 Representative Matters
Cummings & Lockwood’s Corporate and Finance Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2022 were the following:
- We represented the Administrative Agent and lead Lender in a $225,000,000 working capital credit facility to a National Hockey League team.
- We represented the Administrative Agent and lead Lender in a $175,000,000 working capital credit facility to a National Hockey League team.
- We represented the Administrative Agent and lead Lender in the renewal of a $150,000,000 working capital credit facility to a National Football League team.
- We represented a Lender in a $400,000,000 credit facility for the purchase of an interest in a National Basketball Association team.
- We represented a Lender in the renewal of over $1 billion in loans to the owner of a National Football League team.
- We represented the Administrative Agent and lead Lender in the renewal of a $1.5 billion syndicated credit facility secured by a fine art collection.
- We represented the Administrative Agent in a $975,000,000 syndicated subscription credit facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $10,000,000 working capital credit facility among a Private Equity Fund Advisor, and such Lender, secured primarily by management fees.
- We represented the Lender in a $125,000,000 subscription credit facility among various Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $300,000,000 subscription credit facility among Private Equity Funds with Qualified Designated Entity Borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agent in a $850,000,000 syndicated subscription credit facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agent in a $225,000,000 syndicated subscription credit facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $150,000,000 multi-vintage subscription credit facility with Qualified Designated Entity Borrowers, among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a co-investment credit facility among Co-investment Entities, Employees and Principals of a Private Equity Fund and such Lender, secured primarily by the limited partnership interests of such Employees and Principals, respectively, in such Private Equity Fund, as well as other collateral.
- We represented the Lender in a $35,000,000 working capital credit facility among a Private Equity Fund Advisor, and such Lender, secured primarily by management fees.
- We represented the Administrative Agent in a $100,000,000 syndicated working capital credit facility among Hedge Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by management fees and investment entity interests.
- We represented the Lender in a $800,000,000 credit facility to several hedge funds.
- We represented the Lender in a $150,000,000 credit facility to a group of family holding companies secured by interests in numerous hedge funds.
- We represented the Lender in a $150,000,000 credit facility to a family holding company secured by interests in a private international corporation.
- We represented the Lender in a $75,000,000 credit facility secured by real estate related revenues.
- We represented Lenders in numerous credit facilities to hedge fund and private equity management companies and their principals secured by interests in investment funds and holding companies.
- We represented Lenders in numerous credit facilities to hedge fund and private equity management companies secured by investment management fees.
- We represented a borrower in the technical services industry in a secured $31,000,000 bilateral revolving credit facility.
- We represented the borrower in a $106,000,000 refinancing of a term loan, development loan and revolver loan for a franchised national coffee chain network located in multiple states.
- We represented the borrowers in a $62,000,000 construction loan for a major real estate project in Fairfield County, Connecticut.
- We represented the seller in the sale of its industrial service and equipment supply business.
- We represented promoters in several private placement transactions and preemptive rights offerings.
- We represented a local area developer in the acquisition of two additional, nationally recognized coffee chains located in Colorado and Nevada, including the negotiation of all franchise and acquisition documents.
- We represented a regional area developer in the negotiation of various franchise documents for a variety of food and drink themed restaurants.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented an ultrasonic railroad inspection company in connection with an asset sale to a major industrial equipment supplier.
- We represented an expanding residential and commercial contractor in connection with a multi-state corporation reorganization and establishment of an equity plan and profits interest incentives.
- We represented numerous private banks in connection with documenting the transition from LIBOR- to SOFR- based credit facilities.
- We represented a major Dunkin’ Donuts and Baskin Robbins franchise owner/operator in connection with the acquisition of a portfolio of stores in Texas, Florida, and Arizona and an accompanying refinancing.
2021 Representative Matters
Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2021 were the following:
- We represented Lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a Lender in a financing of over $1 billion to the owner of a National Football League team.
- We represented the Administrative Agent and lead Lender in a $225,000,000 working capital credit facility to National Hockey League team.
- We represented a Lender in over $200,000,000 in loans to owners of National Football League teams under a new lending program.
- We continue to represent a Lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented the Administrative Agent and lead Lender in a $1.5 billion Syndicated Credit Facility secured by a fine art collection.
- We represented the Administrative Agent and Lead Lender in a $1.1 billion Syndicated Credit Facility to a foreign corporation secured by a fine art collection.
- We represented a Lender in multiple working capital credit facilities to investment advisors of several private equity and hedge funds, secured primarily by the management fees payable to such investment advisors.
- We represented Lenders in coinvestment credit facilities aggregating billions of dollars to principals of Private Equity Funds, secured primarily by limited partnership interests.
- We represented promoters in several private placement transactions and preemptive rights offerings.
- We represented the borrower in a $72,000,000 refinancing of a term loan, development loan and revolver loan for a franchised national coffee chain network located in multiple states.
- We represented a regional area developer in the negotiation of various franchise documents for a variety of food and drink themed restaurants.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented the Administrative Agent in a $850,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Administrative Agent in a $500,000,000 bilateral Bridge Credit Facility With Qualified Designated Entity Borrowers among Private Equity Funds, as borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $300,000,000 bilateral Bridge Credit Facility With Qualified Designated Entity Borrowers among Private Equity Funds, as borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $400,000,000 bilateral Multi-Vintage Subscription Credit Facility with Qualified Designated Entity Borrowers, among Private Equity Funds, as borrowers, and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
2020 Representative Matters
Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2020 were the following:
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a lender in a $150,000,000 working capital credit facility to a National Football League team.
- We continue to represent a lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented the administrative agent and lead lender in a $1.35 billion syndicated credit facility secured by a fine art collection.
- We represented the administrative agent and lead lender in a $1.1 billion syndicated credit facility to a foreign corporation secured by a fine art collection.
- We represented the Administrative Agent in a $850,000,000 syndicated Subscription Credit Facility among Private Equity Funds, as the borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $200,000,000 Bridge Credit Facility among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented the Lender in a $500,000,000 Bridge Credit Facility among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented the Lender in a $400,000,000 Multi-Vintage Subscription Credit Facility with Qualified Designated Entity Borrowers, among Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented a lender in multiple working capital credit facilities to investment advisors of several private equity and hedge funds, secured primarily by the management fees payable to such investment advisors.
- We represented lenders in coinvestment credit facilities aggregating billions of dollars to principals of private equity funds, secured primarily by limited partnership interests.
- We represented promoters in several private placement transactions.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented a Florida company in the sale of its $130 million alcoholic beverage distribution business.
- We represented a lender in a financing of over $700 million for the acquisition of a Major League Baseball team.
2019 Representative Matters
Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, major financial institutions and Fortune 100 companies. Among the significant transactions in 2019 were the following:
- We represented the majority shareholder and founder in a $2.9 billion stock sale of a Midwest-based life safety, energy, construction and infrastructure company.
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a lender in a financing of over $1 billion for the acquisition of a National Football League team.
- We continue to represent a lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented the administrative agent and lead lender in a $1.35 billion syndicated credit facility secured by a fine art collection.
- We represented the administrative agent and lead lender in a $1.1 billion syndicated credit facility to a foreign corporation secured by a fine art collection.
- We represented the administrative agent and a lead lender in a $545 million syndicated credit facility secured by a fine art collection.
- We represented the administrative agent and lead lender in a $600 million (stepping up to $900 million) syndicated bridge-subscription credit facility to various private equity funds, as borrowers, secured by unfunded remaining capital commitments of investors to such private equity funds.
- We represented a lender in multiple working capital credit facilities to investment advisors of several private equity and hedge funds, secured primarily by the management fees payable to such investment advisors.
- We represented an administrative agent in a $250 million syndicated bridge-subscription credit facility among private equity funds, as the borrowers, and the administrative agent and other lenders thereto, secured by the unfunded capital commitments of the investors to such private equity funds.
- We represented lenders in coinvestment credit facilities aggregating billions of dollars to principals of private equity funds, secured primarily by limited partnership interests.
- We represented a lender in a multi-vintage $125 million bridge-subscription credit facility among various private equity funds, secured by unfunded remaining capital commitments of the investors to such private equity funds.
- We represented a lender in the restatement of a $500 million bridge-subscription credit facility to private equity funds, secured by investors' unfunded capital commitments to such private equity funds.
- We represented a local area developer in the acquisition of two large, nationally-recognized coffee chains located in Texas and Arizona, including the negotiation of all franchise and acquisition documents.
- We represented the promoters of an international company that develops, markets and distributes skincare products using medicinal plants, herbs and similar organic ingredients.
- We represented promoters in several private placement transactions.
- We provided corporate governance advice and documentation relating to various investment entities.
- We represented a shareholder in a $20 million asset sale of a Florida-based concrete and asphalt company.
2018 Representative Matters
- Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, large financial institutions and Fortune 100 companies. Among the significant transactions in 2018 were the following:
- We represented the Administrative Agent and Lead Lender in a $1,000,000,000 syndicated credit facility secured by a fine art collection.
- We represented Lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a Lender in a financing in excess of one billion dollars for the acquisition of a National Football League team.
- We continue to represent a Lender in several financings of other professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented a Lender in a $175,000,000 Bridge Credit Facility to several Private Equity Funds, secured by investors' unfunded capital commitments to such Private Equity Funds.
- We represented a Lender in multiple Working Capital Credit Facilities to Investment Advisors of several private Equity and Hedge Funds, secured primarily by the Management Fees payable to such Investment Advisors.
- We represented an Administrative Agent in a $400,000,000 syndicated Bridge Credit Facility among Private Equity Funds, as the Borrowers, and the Administrative Agent and other Lenders party thereto, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We represented a Lender in the renewal and various temporary increases of a $100,000,000 Bridge Credit Facility among a Private Equity Fund and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Fund.
- We represented Lenders in coinvestment credit facilities aggregating billions of dollars to principals of Private Equity Funds, secured primarily by the limited partnership interests of such principals.
- We represented a Lender in the restatement and restructure of a $125,000,000 Bridge Credit Facility among various Private Equity Funds and such Lender, secured by the unfunded remaining capital commitments of the investors to such Private Equity Funds.
- We negotiated an equity joint venture agreement with a coalition of large family offices based in Washington D.C.
- We represented the Purchaser in the acquisition and financing of three large, nationally recognized coffee chains located in Texas and Arizona.
- We represented the Promoters in several private placement transactions.
- We provided corporate governance advice and documentation relating to various investment entities.
2017 Representative Matters
- Cummings & Lockwood’s Corporate, Banking and Lending Group closed numerous transactions in a wide range of matters, including those for individual investors and entrepreneurs, privately-held businesses, large financial institutions and Fortune 100 companies. Among the significant transactions in 2017 were the following:
- We advised various technology companies and other start-ups in connection with their formation, capitalization and initial business operations.
- We provided general corporate advice to numerous mature businesses in connection with their ongoing operations, including various equity and debt financings on their behalf.
- We provided advice and guidance to a variety of clients in connection with substantial merger, acquisition and disposition transactions, including domestic and offshore tax-free reorganizations.
- We formed hedge funds and other pooled investment vehicles on behalf of several clients, and advised them on the regulatory landscape affecting investment funds and their advisers.
- We represented issuers and investors in several substantial private placement transactions, including various private equity, venture capital and hedge fund financing arrangements.
- We advised individual investors with respect to their beneficial ownership reporting obligations under the federal securities laws.
- We represented lenders in several bridge credit facilities, ranging from $75,000,000 to $1,400,000,000, among private equity funds, secured by the unfunded capital commitments of investors.
- We represented a lender in a $2 billion term loan to an investment fund, secured by partnership interests and liquid assets.
- We represented the administrative agent and lead lender in a $1,000,000,000 syndicated credit facility secured by a fine art collection.
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a major money center bank in several financings of professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- We represented a local university in Connecticut in negotiations relating to the purchase of a nearby college.
- We represented a major Area Development Franchisee in the sale of a chain of nationally recognized coffee stores in the Washington, DC metropolitan area, as well as the negotiation of a new store development agreement and the acquisition of a number of existing retail sites in the Dallas, Texas metropolitan area.
2016 Representative Matters
- We advised various technology companies and other start-ups in connection with their formation, capitalization and initial business operations.
- We provided general corporate advice to numerous mature businesses in connection with their ongoing operations, including various equity and debt financings on their behalf.
- We provided advice and guidance to a variety of clients in connection with substantial merger, acquisition and disposition transactions, including domestic and offshore tax-free reorganizations.
- We formed hedge funds and other pooled investment vehicles on behalf of several clients, and advised them on the regulatory landscape affecting investment funds and their advisers.
- We represented issuers and investors in several substantial private placement transactions, including various private equity, venture capital and hedge fund financing arrangements.
- We represented individual investors acquiring and disposing of minority interests in a number of professional sports franchises.
- We represented the owners of two major automobile dealerships in connection with the sale of their businesses and franchises to a large, publicly-traded automotive group.
- We represented lenders in several bridge credit facilities, ranging from $75,000,000 to $1,400,000,000, among private equity funds, secured by the unfunded capital commitments of investors.
- We represented the lender in a $25,000,000 working capital and co-investment credit facility, secured primarily by limited partnership interests in such private equity fund and the management fees payable to the investment advisor.
- We represented the administrative agent and lead lender in a $1,000,000,000 syndicated credit facility secured by a fine art collection.
- We represented lenders in credit facilities aggregating billions of dollars to hedge funds and their principals.
- We represented a major money center bank in several financings of professional sports franchises located throughout the United States, including major league teams in the National Football League, the National Hockey League, Major League Baseball and the National Basketball Association.
- 2023 Cummings & Lockwood Firmwide Annual Update
- Corporate Transparency Act
- 2022 Cummings & Lockwood Firmwide Annual Update
- The Department of the Treasury Issues Proposed Regulations Implementing the Corporate Transparency Act
- 2020 Cummings & Lockwood Annual Update
- 2019 Cummings & Lockwood Annual Update
- 41 Cummings & Lockwood Attorneys Have Been Recognized by Best Lawyers® in America in Its 2025 Edition
- 42 Cummings & Lockwood Attorneys Have Been Recognized by Best Lawyers® in America in Its 2024 Edition
- 29 Cummings & Lockwood Attorneys Named Best Lawyers® in Connecticut for 2023
- Marc T. Finer Joins Cummings & Lockwood as a Principal Tax Attorney
- Stamford Office - 2023 Best Lawyers in America® and Ones to Watch™
- 41 Cummings & Lockwood Attorneys Have Been Recognized by Best Lawyers® in America in Its 2023 Edition
- Scott T. Witthuhn, Commercial Attorney, Has Been Promoted to Counsel at Cummings & Lockwood LLC
- Cummings & Lockwood LLC Recognized as a “Best Law Firm” by Best Lawyers and U.S. News & World Report
- 18 Cummings & Lockwood Attorneys Named Top Lawyers in Fairfield County, Connecticut in 2021
- Corporate Attorney, Brendan Snowden, Promoted to Principal
- 35 Cummings & Lockwood Attorneys in Connecticut and Florida Have Been Named Among The Best Lawyers in America for 2021, 2 Attorneys Received Lawyer of the Year Awards and 8 Attorneys Have Been Identified as the Ones to Watch
- Cummings & Lockwood's Connecticut and Florida Offices Ranked as Best Law Firms in 2021
- 24 Cummings & Lockwood Attorneys Named in the 2020 Edition of Connecticut’s Best Lawyers
- Cummings & Lockwood Connecticut and Florida Offices Ranked as Best Law Firms in 2020
- 16 Cummings & Lockwood Attorneys Have Been Named 2019 New England Super Lawyers and Rising Stars
- 34 Cummings & Lockwood Attorneys in Connecticut and Florida Named Among The Best Lawyers in America for 2020
- Cummings & Lockwood Attorneys in Connecticut and Florida Named 2019 Best Lawyers in America
- 17 Cummings & Lockwood Attorneys Have Been Named 2018 New England Super Lawyers and Rising Stars
- Cummings & Lockwood’s Naples, Florida Office Marks Its 40th Anniversary
- 11 Cummings & Lockwood Attorneys Named Among The 200 Outstanding Lawyers of Fairfield County