Parsippany, NJ, March 18, 2016 – Day Pitney LLP is representing Massachusetts-based Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, in its $30.7 million acquisition of New England Bancorp. Inc., parent of Bank of Cape Cod.
Under the merger agreement each share of outstanding New England Bancorp common stock will be exchanged for 0.25 of a share of Independent common stock. The boards of directors of each company have unanimously approved the transaction. The transaction is subject to standard closing conditions. The parties anticipate that the closing of the transaction will occur in the fourth quarter of 2016.Corporate partner Michael Rave, senior counsel Richard Leu and associate Kendall Wilson are leading the Day Pitney team in the transaction with the assistance of partners David Doyle, Stephen Ziobrowski and counsel Andrew Wogman.
On October 5, partner Ellen Knarr served as a panelist at the St. John's University School of Law Women's Leadership Boot Camp, presented by the Women's Law Society.
Joy Harmon Sperling will be speaking at a mentorship workshop and moderating a GC roundtable at “Women Leaders in Financial Services Law and Compliance,” a conference being presented by the American Conference Institute (ACI) and held in New York, NY from May 9 – 11.
As part of its ongoing Family Office Investing Series, Day Pitney LLP hosted a private, invitation-only program at The Cornell Club of New York, themed “Real Estate Investing: Challenges and Opportunities in a Rapidly Changing Landscape.”
Day Pitney hosted its annual invitation-only Family Office Forum in Palm Beach. The theme for the 2018 Forum was "Protecting Your Family and Wealth in the Global Digital Economy: A Forum Exploring Security Risks and Investment Opportunities."
On January 31, Michael Rave, James Carlon and Steven Cash will be speaking at "What Marijuana Legalization Could Mean for Banking," a conference presented by the New Jersey Bankers Association being held at the Forsgate Country Club in Monroe Township, New Jersey.
Day Pitney Press Release
Tom Goldberg and Scott Beach were quoted in an article, "Day Pitney Lawyers Bullish About Stamford Move," published by the Stamford Advocate.
Day Pitney Press Release
Michael Rave was quoted in an article, "Big Deals Fuel Value Rebound in NJ-Based M&A Market," published by the New Jersey Law Journal.
On December 7, Day Pitney, ICSGroup and CohnReznick co-sponsored "Launching a Private Fund: What You Need to Know."