Michael Rave was quoted in an article, "Soaring Valuations Open Doors for Banking M&A Resurgence," in Law360. The article reports that strong stock market valuations have prompted banks to carry out mergers and acquisitions that had been long put off. Rave told Law360 that once more deals start making headlines, more companies will feel compelled to act for fear of missing out on the prime targets. "It becomes somewhat of a feeding frenzy. There will be one big deal that happens and people will feel compelled to make their own move so they don't get shut out of what they think is going to be a hot acquisition market," Rave said. At the same time, these are just predictions of changes that may come. It's still unclear what changes — if any — will come to regulatory reform and it's still unknown who will fill the vacant or soon-to-be vacant positions. If those changes are not made, or are made in a way that does not benefit banks, M&A in the industry could slow, explained Rave. "If it's May, June or July, and there hasn't been much movement in interest rates and any shift in regulations, it might cool down. It's not a slam dunk that we're going to have these deals," he said.
On January 27, Michael Rave will be speaking on "Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change" at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, AZ.
Brian Fischer spoke on "Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection," at an Exit Planning Exchange (XPX) Hartford program.
Michael Rave will be speaking at Acquire or Be Acquired, an annual conference presented by Bank Director magazine being held in Phoenix from January 28 – 30.
On January 19, Michael Rave will be speaking at the Economic Leadership Forum, presented by the New Jersey Bankers Association.
Stephen Ziobrowski and Andrew Wogman authored the article "Challenges of Selling an S Corporation," which was published by Law360.
Gary Betensky and Michael Napoleone were featured in a profile, "Day Pitney LLP: Firm Expands to Better Serve South Florida Clients," published in the March issue of The Boca Raton Observer magazine.
Mike Rave was quoted in an analysis article, "Reg Rollbacks Seen As Bit Player In $28B BB&T-SunTrust Deal," published by Law360.
Jed Davis was quoted in an article, "Marriott Hack Shows Risks Of Lax Cyber Diligence In Mergers," published by Law360.
Day Pitney Press Release
Day Pitney Press Release