Julie A. Schoepf Partner

Similar documents
James E. Beyer Partner

Combination to Create a Leading Commercial Real Estate Credit REIT with Approximately $5.5 Billion in Assets and $3.4 Billion in Equity Value

2017 Tax Contribution Report

STARHILL GLOBAL REIT REPORTS 11.4% INCREASE IN 2Q 2010 GROSS REVENUE

Do you thrive in an environment that is Transparent and values Integrity?

Securities Dealing Policy

SINGAPORE CONFERENCE 2007 CROSS BORDER STRATEGIC ALLIANCE IDENTIFYING THE KEY CHALLENGES

Pre-seen case study for Strategic level examinations Papers E3, P3 and F3. For examinations in May 2014 and September 2014

COMPLETION OF ACQUISITIONS OF STARHILL GALLERY AND LOT 10 AND USE OF PROCEEDS OF UNDERWRITTEN RENOUNCEABLE RIGHTS ISSUE

Interim Report HORNBACH-BAUMARKT-AG GROUP

DrKW Capital Goods Conference

We love Retail. Acquisitions and disposals Investments HR Commercial contracts Outsourcing and IT E-commerce

MASCO CORP /DE/ FORM 8-K. (Current report filing) Filed 09/13/99 for the Period Ending 08/31/99

2018 TAX CONTRIBUTION REPORT

Parks Master Plan Implementation: Phase I Waterfront Use and Design REPORT #: September 7, 2016 File #

SPE financial reporting - avoiding the common pitfalls

CREATING TWO INDEPENDENT INTERNATIONAL LEADERS. 30 March 2016

JOINT VENTURE WITH HANIEL Delivering Shareholder Value. 16 December 2016

PEREGRINE GROUP LLC. Pawtucket Waterfront Development Opportunity 45 Division Street

Interim Report HORNBACH-BAUMARKT-AG GROUP FIRST HALF-YEAR 2004/2005 (MARCH 1 - AUGUST 31, 2004)

Acquisition and Collection Development Section

Adding Value to Our Customers Products and Services ANNUAL REPORT 06 FTK

ACCEPT HAIER NEW ZEALAND INVESTMENT HOLDING COMPANY LIMITED S $1.20 CASH OFFER FOR ALL YOUR SHARES IN FISHER & PAYKEL APPLIANCES HOLDINGS LIMITED.

CapitaLand in joint venture with Mitsubishi Estate for a new residential condominium in Tokyo, Japan

Launch of RMB 4.5 Billion Integrated Riverfront Eco-Neighbourhood in Tianjin Eco-City

RECEIPT OF NOTICE TO EXERCISE THE RIGHT OF CONVERSION AND WHITEWASH RESOLUTION DISCLOSURE NOTE

Principal Brands UK and Northern Ireland

DRESSER-RAND GROUP INC.

The ADT Corporation Form 10

Fantastic Holdings and Steinhoff Asia Pacific enter into Scheme Implementation Deed

Supplemental Consolidated Financial Data for Fiscal 2011 Third Quarter and Nine Months ended December 31, 2010

Bathroom Newsletter August 2011

Arun Nayar Senior Vice President, Finance and Treasurer

Croydon s Future. Councillor Paul Scott Chair Of the Planning Committee Croydon Council

Casino takes a major step in further integrating its Latin American operations

Ultimate Security Provider

Ebbsfleet Development Corporation

INVESTOR NEWS /16

TO THE SPANISH SECURITIES AND EXCHANGE COMMISSION DISCLOSURE OF A RELEVANT EVENT

Case: 5:16-cv SL Doc #: 22 Filed: 12/29/16 1 of 12. PageID #: 451 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF OHIO ) ) ) ) ) ) ) ) ) ) )

GCSE 4080/01 BUSINESS STUDIES

Re: Docket Nos. CP 1442 & CP 1517 Notification Regarding the Transfer of Control of Broadvox-CLEC, LLC to Onvoy, LLC

HORNBACH Holding AG & Co. KGaA Group. 1 st QUARTER 2017/2018

Multi Branding Strategy

February 15, Longworth House Office Building 1106 Longworth House Office Building Washington D.C Washington D.C.

A fresh new offer in home improvement Tuesday 25 August

Today s world has more risk than ever. Today s G4S has more ways to protect you.

November 14, Rich Meelia President & CEO

TEMPLE MEDICAL & EDUCATION DISTRICT

INVESTOR NEWS /17

Half yearly report to shareholders six months to 31 December 1999

Will we see a return of traditional financing structures? A Corporate View

(English Translation) January 28, For immediate release:

THE MINISTRY OF INFRASTRUCTURE AND THE ENVIRONMENT OF THE KINGDOM OF THE NETHERLANDS

CURRICULUM VITAE L. EARLE GRAHAM

Oracle Retail Merchandising System Release Notes Release 12.0 May 2006

SGREIT reports DPU of 1.09 cents for 3Q FY17/18

ADT Security Website Terms of Use

WE ARE LOWE. EST. 1977

Strategic Suppliers in Review. Data as at: 05 February 2019

METRO GROUP continues operational improvement trend in 2014/15

INVESTOR PRESENTATION

NASSAU COUNTY TOWN HALL NEW YORK & CONNECTICUT SUSTAINABLE COMMUNITIES. A Unique Bi-State Partnership to Improve Jobs, Housing and Transportation

RETAIL PAD FOR LAND LEASE

Summary of Action Strategies

Lowe's Companies Inc (LOW) - Financial and Strategic SWOT Analysis Review

Richard H. Bradley Board of Directors Meeting April 25, A 21st Century Sustainability Framework

Steinhoff: is bigger better?

DISPOSAL GALERIA KAUFHOF. 15 June 2015

May 24, 2018 Frankfurt/Main. DVFA Analyst Meeting May 2018 HORNBACH Group 2018

HORNBACH Baumarkt AG Group Q3/9M 2017/2018

RETAIL PROPERTY FOR LEASE RYLAND PLAZA Ryland Pike, Huntsville, AL Clinton Avenue Suite 501 Huntsville, AL deancre.

ASSA ABLOY ANTI-BRIBERY POLICY

FISHER & PAYKEL APPLIANCES HOLDINGS LIMITED

Global and China Electrochromic Materials and Devices Industry Report, Dec. 2015

Steinhoff International, MARKUS JOOSTE HISTORY AND DEVELOPMENT OF STEINHOFF

Investor Briefing. ADT Caps Acquisition. SK Telecom

CITY COUNCIL RULES OF PROCEDURE DOWNTOWN PLAZA CONTRACT. FALSE ALARM UPDATE By Jaime Montoya, Police Chief

For personal use only TOUCHCORP 1H2015 RESULTS PRESENTATION DATED: THURSDAY, 27TH AUGUST 2015

THE DEVELOPMENT SPECIALISTS

Trading statement for the fourth quarter and full year ended 2 February 2002 KINGFISHER REPORTS SALES GROWTH OF 9.9%, BOOSTED BY 17.

News Release. ADC Media Relations: Mike Smith Office

IC Chapter 6. Home Improvement Fraud

Steinhoff Briefing to Parliament 29 August 2018

Brewer Park Community Garden Constitution

AILA CPD TREE OF KNOWLEDGE DESIGNING AND CONSTRUCTING

WESFARMERS REINSTATES DIVIDEND INVESTMENT PLAN

506: Employment Law Basics

P R E S S R E L E A S E

CE marking & your legal obligations

Pegasus Group PEGASUSGROUP.CO.UK PEGASUS GROUP OUR SERVICES

Earnings Per Share Summary (Unaudited)

Full Year Result

Annual General Meeting 2017 Review by the President and CEO. Mikko Helander

Creating a Global Industrial Leader

THE ARCHITECTURAL POLICY OF ESTONIA. Passed at the Parliamentary sitting , protocol no. 43, item no. 5

Acquisition of a Chinese plasma fractionator. 13 June 2017

Your specialist partner for total electrical compliance. Electrical Testing

Iowa s Statewide Urban Design Standards Promote Improved Access Management

Transcription:

Julie A. Schoepf Partner julie.schoepf@dinsmore.com Cincinnati, OH Tel: (513) 977-8212 Julie s practice primarily focuses on the representation of national lending institutions in all aspects of commercial lending, workouts and restructurings. She has extensive, national experience in handling multi-state commercial loans, construction loans, low income housing loans and asset based loans. Julie also has a traditional corporate practice involving the representation of clients in connection stock/asset purchases of operating entities, general corporate governance and contract negotiations. Services Real Estate Commercial Finance Corporate & Transactional Education Northern Kentucky University, Chase College of Law (J.D., magna cum laude, 2005) Northern Kentucky University (B.S., 1995) Bar Admissions Ohio Kentucky Affiliations/Memberships Ohio State Bar Association Cincinnati Bar Association Kentucky Bar Association American College of Mortgage Attorneys, fellow Chase College of Law, Board of Visitors Chase College of Law Alumni Association, Board of Governors past president

Metropolitan Club, Covington Kentucky, Women's Advisory Committee University of Cincinnati, Legal Issues of Real Estate Investments College of Business adjunct professor Distinctions Outstanding Alumna of the Past Decade by Chase College of Law (2014) Experience Represented Life Company Lender on Nearly 100 Loan Closings We represented a national life insurance company on all aspects of loan documentation, negotiation, and closing for nearly 100 loans in 2016 and 2017. The loans ranged from less than $1 million to more than $20 million and were secured by a wide range of commercial real property, including retail centers, warehouses, apartment complexes, and hotels. Dinsmore worked closely with the client, borrower s counsel, title companies, surveyors, and other third-party providers to resolve loan documentation, real estate, tenant, and borrower organizational structure issues and all other issues necessary to close various loans in a cost-effective and collaborative manner. Loan by a National Life Insurance Company We represented a national life insurance company in connection with a $53,000,000 loan to seven affiliates which was secured by 14 industrial properties located in North Carolina. We guided our client through several complex ownership and environmental issues. $50 Million Loan by National Life Insurance Company We represented a national life insurance company in connection with a $50 million loan secured by a complex, mixed-use condominium development in Tennessee. Acquisition of Two Affiliated Swiss Companies Represented Halma International Limited, the leading safety, health, and sensor technology group, in the acquisition of 100 percent shares of the Swiss corporation Medicel AG, together with its subsidiary Robutec GmbH. Dinsmore attorneys prepared and negotiated the Share Purchase Agreement and related closing documents. These related acquisitions required dual-track due diligence and negotiation of all transactional documents. Related to the Medicel acquisition was negotiation of tax-planning documentation for a U.K.-based investor. The purchase, valued at $100 million, further extended the client s presence in the ophthalmic surgical instrument market. Acquisition We represented the Purchaser in the acquisition of 100 percent of the shares of PP Medizintechnik GmbH, a German corporation, from Paragon Secondary Partners L.P. and Gerhard Glufke. The purchase price was 55 million ($74 million). Working with the assistance of German local counsel as necessary, we prepared and negotiated the Share Purchase Agreement and all related closing documents, and reviewed all due diligence in this transaction.

Acquisition of Medical Group Halma p.l.c., an international group of technology companies based just outside of London, England, has taken advantage of strategic opportunities to become a world leader in health and safety technologies. For over 25 years, Halma has turned to Dinsmore for counsel on a multitude of acquisitions. When the opportunity recently arose to acquire SunTech Medical Group, a supplier of clinical grade, non-invasive blood pressure monitoring products and technologies, Halma enlisted Dinsmore s help once again. Our team was instrumental in assisting Halma through this challenging $46 million acquisition. The involvement of England-based shareholders selling SunTech enabled us to work on a parallel track alongside Halma s London counsel. While London counsel negotiated key provisions of the share purchase agreement, we handled all of the due diligence for SunTech s U.S.-based operating company and its two Chinese subsidiaries. We drafted the key transactional agreements and relevant corporate documents for the three operating companies. We continuously obtained and reviewed updated disclosure documents and responded to new information and client inquiries. Our team negotiated and drafted documents which met Halma s needs and which reflected the different corporate cultures and approaches of the operating companies and shareholders. Constant communication with local counsel and business officials in London, Shenzhen and Hong Kong, coupled with a thorough understanding of Halma s procedures, ensured we achieved Halma s goals. The successful closing of this transaction enabled Halma to strengthen its Health and Analysis Sector, which already includes Riester, a medical equipment company that supplies blood pressure and vital signs monitors. With Dinsmore s assistance, Halma continues to take advantage of opportunities to remain an industry leader in health and safety technology. Acquisition of Ophthalmic Surgical Product Company Halma p.l.c., an international group of safety, health, and environmental technology companies based just outside of London, England, continues to pursue strategic growth opportunities, strengthening its position as a world leader in health and safety technologies. For over 25 years, Halma has turned to Dinsmore for counsel on a multitude of acquisitions. When the opportunity recently arose to acquire Microsurgical Technology, a Washingtonbased company that designs, manufactures and markets ophthalmic surgical products, Halma enlisted Dinsmore s help once again. Our team was instrumental in structuring this stock purchase for $57 million in initial consideration with additional payments of up to $43 million, contingent upon future earnings. Because of the size of the transaction, we worked to get Federal Trade Commission approval through filing pre-merger notification in accordance with the Hart- Scott-Rodino Act. During the statutory waiting period, our team of attorneys negotiated and drafted the key transactional agreements and relevant corporate documents while managing comprehensive legal due diligence. Our due diligence efforts, which included extensive intellectual property, benefits, and employment reviews, provided a high level of security over the sellers warranties. Our collaborative approach toward negotiating the transactional agreements protected Halma s interests while helping to maintain goodwill between Halma and the sellers, many of whom will continue to operate the business in Redmond, Washington. Our thorough understanding of Halma s procedures and goals ensured we achieved the best outcome for our client. The successful closing of this transaction enabled Halma to further strengthen its Health and Analysis Sector,

which includes other market-leading ophthalmic device businesses: Accutome, Keeler, Medicel, Reister and Volk. With Dinsmore s assistance, Halma continues to take advantage of opportunities to remain an industry leader in health and safety technology Commercial Loan We represented our lender client with multiple revolving loans secured by the borrower's interest in government contracts. We worked closely with borrower's counsel to ensure our client obtained a continuing, perfected security interest in the receivables generated by the borrower's performance under the government contracts by working within the statutory framework of the Assignment of Claims Act, the UCC, and available common law rights and remedies. Halma Acquisitions Growing a business is challenging, even with the opportunities offered by today s global marketplace. Expanding your product and service offerings to your customers requires a strategic vision and focused plan, as well as the resources to pull it all together. Halma, p.l.c., is an international group of technology companies with its headquarters outside of London, England. Halma has worked with Dinsmore for nearly 25 years. In that time, Dinsmore has represented Halma through a multitude of acquisitions, both domestically and abroad, as Halma has grown to become a global leader in health and safety technology. When the opportunity recently arose to acquire two companies to boost Halma s Health and Analysis sector, the company again turned to Dinsmore for counsel. The acquisitions of California-based Sensorex, Inc. and Pennsylvania-based Accutome, Inc., offered myriad challenges. As the deals progressed, it appeared Halma would be able to announce the closings of both transactions to the Stock Exchange on the same day. Our team worked to structure the asset purchase of Sensorex for $37.5 million and the stock purchase of Accutome for an initial payment of $20 million, handling everything from negotiating and drafting the documents to managing the legal due diligence for both transactions. We assisted Halma with the intellectual property, benefits and employment components of each deal and assisted with all details of closing. On the Accutome deal, we were faced with the unique task of sequentially structuring the deal to comply with tax law related to the acquisition of Accutome s Dutch subsidiary. Because of the tax implications of acquiring a subsidiary through one Halma affiliate, while acquiring the parent company through another affiliate, we were asked to ensure that the transaction involving the subsidiary was closed before the U.S. transaction was completed. This required that we coordinate compliance with Dutch requirements in real time, in order to complete the transaction prior to opening of the European markets. Accutome is primarily known for designing diagnostic equipment used to identify eye conditions and for innovative surgical instruments. Sensorex, a manufacturer of electrochemical water sensors, will enable Halma to enhance its water analysis and water quality programs. Assisted by Dinsmore s counsel, Halma continues to grow and expand its product offerings to clients and position itself as an industry leader.

Loan Transaction Involving Refinancing of an Office Building We represented a commercial lender in a loan transaction for the refinancing of an office building in Maryland. We advised the client at all steps of the process, including due diligence, negotiation of documents and the closing. We also had to incorporate several state-specific provisions into the documents to account for Maryland s unique deed of trust laws. The borrower (our client s customer) also sought an unusually quick closing date, causing our team to expedite the process and work around the clock to meet their deadline. The transaction was completed efficiently, enabling the borrower to move forward. Purchase of Assets We represented the purchaser of substantially all of the assets of Oerlikon Optics U.S.A., the U.S. operating arm of OC Oerlikon Management AG, a Swiss corporation. The purchase price was $6,200,000, with certain adjustments. A critical component of the transaction was the negotiation of a technology license agreement with the Swiss parent. Technology issues were negotiated with the Swiss entity and added a level of heightened complexity to the transaction. Purchase of Membership Interests Purchase of 100 percent of the membership interests of SphereOptics, LLC, a New Hampshire limited liability company. SphereOptics, in turn owned 100 percent of the ownership interests of SphereOptics SARL, a French company, and 10 percent of the ownership interests of SphereOptics GmbH, a German company. The initial purchase price plus an earn-out payment totaled $6 million. Closing date was January 19, 2010. The French and German interests required heightened due diligence and negotiation of specific representations and warranties, which we achieved with the assistance of local counsel. The French component involved last-minute tax planning to minimize the effects on French executives. Strategic Acquisition of a Pump Manufacturer with Operations in China and the U.S. A global marketplace has increased opportunities for businesses to expand their offerings, and taking advantage of these opportunities can be the deciding factor in a company s long-term success. Halma p.l.c (Halma), one of the world leaders in health and safety technologies, has consistently sought strategic acquisitions to strengthen their business, and they turned to Dinsmore to counsel them through their latest transaction. We represented Halma through the share purchase of Thinketron Precision Equipment Company Limited, which included its subsidiaries, the China-based Baoding Longer Precision Pump and the U.S.-based Langer Instruments Corporation. The company manufactures and markets peristaltic, syringe and gear pumps used in laboratory, medical and industrial settings. We served as primary deal counsel throughout the transaction, performing due diligence, drafting all related documentation and handling the closing. The transaction, which was valued at approximately $34 million, was heavily negotiated and featured challenges in complying with the myriad of Chinese regulations regarding share transfers and corporate governance. Additionally, we also managed a large team of local counsel, ensuring Halma s objectives were met at each step of the process. Upon completion, the transaction was Halma s first major acquisition in China, and significantly strengthened their offerings in health and safety technology. Publications

August 21, 2018 Elevating Form Over Substance in Commercial Leases June 13, 2012 Maryland Indemnity Deeds of Trust A Closed Loophole? June 3, 2011 Top 10 Tips to Consider in a Cross-Border M&A