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."
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.
Day Pitney Press Release
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.