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. The article focused on an increase in the total value of the top 30 deals in New Jersey during 2017 and the M&A market generally. "It's where the chips fall, especially when you're talking about a particular state," but more top-end deals generally "can soften up the market" for more activity, Rave told the New Jersey Law Journal. "Other companies feel like, 'I need to do something,'" he said. As noted in the article, Day Pitney was the only law firm in New Jersey that appeared on the list of top 30 deals. The firm's representation of Wayne-based Valley Bancorp in its acquisition $816 million of Florida-based USAmeriBancorp, a deal led by Rave, ranks as the 15th most valuable transaction on the list. Florida's reputation as a growth market with lower tax rates were noted as factors favoring the Valley-USAmeriBancorp deal. As for others in the banking and financial services industry, Rave said, "A lot [of banks] are very hesitant to bridge states" because of concerns about managing remote employees and because banking is "a very localized industry."
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.
Michael Rave participated in a panel session, entitled "CRE Loan Concentrations in 2017: What You Need to Know" at the 2017 NJBankers Annual Conference at The Breakers in Palm Beach, Florida.
Steven Cash co-authored an article, "Evolution of a Valuable Tool for Attorneys: Business Intelligence Practitioners," for the New York Law Journal.
Lane Watson was quoted in an article, "Connecticut Law Firms Poised to Compete for Corporate Clients," published by the Connecticut Law Tribune.
Peter Bilfield and Steven Gold were quoted in an article, "Day Pitney Lands 2 Corporate Finance Partners," published in Law360.
Day Pitney Press Release
Day Pitney Press Release
Joy Harmon Sperling will be speaking at a mentorship workshop as part of Women Leaders in Financial Services Law and Compliance, a conference presented by the American Conference Institute (ACI) being held in New York, NY from May 9 – 11.