Barry Steinman practices in the area of corporate law. Mr. Steinman represents public and private issuers, underwriters and individual investors in a wide range of transactional work. His experience includes follow-on public offerings of equity, debt and other securities; compliance under federal securities and Blue Sky laws; the fulfillment of ongoing obligations under the SEC's periodic reporting system; preparing proxy statements; effecting resales of securities in the public trading markets under SEC Rule 144; private issuances under SEC sections 4(2), 4(6) and Regulation D; and advising boards of directors concerning compliance under securities laws. He has represented clients in public and private mergers and acquisitions transactions as well as advised acquirers and targets, special committees, audit committees and boards of directors in complex negotiated and contested situations, including negotiated mergers, cross-border transactions, strategic alliances, joint ventures, spin-offs, dispositions, tender offers, public to private transactions, and corporate governance issues.
Mr. Steinman is a 2007 graduate of Cornell Law School and a graduate of Concordia University.
Areas of Practice
· Corporate Law
· Securities Law
· Private Equity
· Mergers and Acquisitions
· Represented American Realty Capital Properties, Inc. (NASDAQ: ARCP), a NASDAQ-traded real estate investment trust (REIT), in its $3.2 billion "reverse" merger to acquire American Realty Capital Trust III, Inc., a "non-traded" REIT. The deal is structured as a cash-election merger in which the cash portion of the consideration will be limited to 30% of the aggregate merger consideration. The combined company is expected to rank among the five largest triple net lease REITs in the United States.
· Represented Lehigh Gas Partners LP (NYSE: LGP), a wholesale motor fuel distributor, in connection with its $138 million initial public offering.
· Represented FMC Corp. (NYSE:FMC), a leading global chemicals company, in its multinational acquisition of the assets of Adventus Group, which include patents and intellectual property related to bioremediation technology for chlorinated organic compounds, pesticides and hazardous metals, from two private equity companies. The consideration provided in connection with the acquisition was not disclosed.
· Duane Morris LLP
- Associate, 2010-present
· Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C.
- Associate, 2007-2009
- Summer Associate, 2006
· University of Ottawa, Common Law Section
- Research Assistant, 2005
· Co-author, "SEC Proposes Say-on-Pay and Say-on-Golden-Parachute Rules," Duane Morris Alert, November 5, 2010