Day Pitney LLP represented Independent Bank Corp. (Nasdaq: INDB), parent of Rockland Trust Company, in an agreement to acquire Island Bancorp, Inc., parent of Edgartown National Bank, for $24.5 million. Rockland Trust intends to operate all Edgartown National Bank branches when the transaction closes. The parties anticipate that the consummation of the transaction will occur in the second quarter of 2017.
The Day Pitney team was led by Richard Leu and Kendall Wilson. Steve Ziobrowski, David Doyle and Andrew Wogman also assisted on the transaction.
Day Pitney has also advised Independent Bank Corp. on the acquisition of New England Bancorp, Inc., parent of Bank of Cape Cod, and Peoples Federal Bancshares, Inc., parent of Peoples Federal Savings Bank.
Day Pitney Press Release
Day Pitney Partners Gretchen Blauvelt-Marquez, Michael Fitzpatrick, James Leva, Nicole Magdiziak and Thomas O'Mullane's promotion to partnership and Partner Todd Terhune's arrival to the firm were featured in the New Jersey Law Journal's New Partners Yearbook 2023.
Day Pitney's election of 11 new partners was featured in Law360 Pulse article, "Day Pitney Elevates 11 To Partner."
Day Pitney Real Estate and Land Use Partner Nicole Magdziak's promotion to partner was featured in Real Estate NJ's article, "Day Pitney Real Estate, Land Use Lawyer in New Jersey Named Partner."
Day Pitney Press Release
Day Pitney Press Release
Day Pitney Press Release
Day Pitney Partner Michael Kaufman was featured in a Law360 Pulse Q&A discussing his new position as chair of the firm's Institutional Finance and Commercial Lending group.
Day Pitney Stamford Partner Michael Kaufman's new role as chair of the firm's Institutional Finance and Commercial Lending group was featured in Law360 Pulse.
Rod Rodriguez and Glenn Dowd authored an article on "Minimizing litigation risk on compensation disclosure" in the July 1 edition of The Hartford Business Journal.