Richard A. Silfen
practices in the area of corporate law with concentrations in mergers and acquisitions as well as securities. Mr. Silfen also seeks to leverage his prior board service and senior executive experiences to benefit clients of the firm.
In the area of M&A, Mr. Silfen regularly advises publicly traded and privately held companies, boards of directors and special committees and fund sponsors and their portfolio companies in mergers and acquisitions and related strategic matters. In addition, Mr. Silfen advises clients in connection with control and non-control investments in publicly traded and privately owned businesses.
In the area of securities, Mr. Silfen advises publicly traded companies in connection with public and private equity and debt securities offerings and counsels privately owned companies in their efforts to become publicly traded. He also works with clients to facilitate public reporting and advises on compliance with applicable securities regulations. Mr. Silfen also advises fund sponsors and their portfolio companies in securities and other capital-raising transactions.
Mr. Silfen also assists emerging and private equity-backed companies to develop plans for the growth and development of their businesses and technologies, including collaborative and strategic partnerships, and joint venture arrangements.
Since 2009, during Mr. Silfen's prior tenure with Duane Morris, Chambers USA: America's Leading Lawyers for Business included him as one of the leading corporate lawyers in Pennsylvania. Mr. Silfen has been included in two categories of Chambers listings: Corporate/M&A & Private Equity and Corporate/M&A: Securities. Chambers further described Mr. Silfen as a very smart lawyer. Mr. Silfen joined Duane Morris in June 2015, having served as executive vice president and general counsel of VEREIT, Inc. (formerly American Realty Capital Properties, Inc.) from March 2014 through May 2015.
Mr. Silfen is a 1987 graduate of the University of Alabama School of Law and a 1983 graduate of Baylor University with a B.A. in Physics.
•GMH Communities Trust (sold in two separate transactions to American Campus Communities, Inc. (NYSE: ACC) and Balfour Beatty plc (LSE: BBY) in 2008.)
• Chairman, Nominating and Governance Committee of Board of Trustees
• Chairman, Special Committee of the Board of Trustees, 2006
• Chairman, Nominating and Governance Committee of the Board of Trustees, 2004-2008
• Member, Audit Committee of the Board of Trustees, 2004-2008
•Duane Morris LLP
• Partner, 2007-2014, 2015-present
•VEREIT, Inc. (formerly American Realty Capital Properties, Inc.)
• Executive Vice President, General Counsel and Secretary, 2014-2015
•Cangen Biotechnologies, Inc.
• President and Chief Financial Officer, 2004-2006
•Morgan, Lewis & Bockius LLP
• Partner, 2000-2004
•Wolf, Block, Schorr and Solis-Cohen LLP
• Vice Chairman, Corporate Department, 1999-2000
• Partner, 1996-2000
Honors & Awards
•Listed in Chambers USA: America's Leading Lawyers for Business, 2009-2013
•Listed in Pennsylvania Super Lawyers, 2011-2012
Selected Speaking Engagements
•Speaker, RR Donnelley's SEC Hot Topics Institute, Philadelphia, Pennsylvania, 2011-2013, 2015
•Speaker, Strafford Publications' Going Private Transactions: Deal Structure Considerations, SEC Disclosure Obligations, Fiduciary Duties and More, October 15, 2015
•Discussion Leader for Roundtable: Public Non-Listed REITs, REITWise 2014, NAREIT's Law, Accounting & Finance Conference, April 4, 2014
•Speaker, Navigating Today's REIT Terrain: What Lies Ahead?, Global REIT Summit 2013, New York City, October 2, 2013
•Moderator, Biotech Perspective's on Key Considerations for Structuring a Winning Deal panel, Pharmaceutical Collaboration and Transaction Accounting Conference, September 18, 2007
•Speaker, Internal Controls: The Latest Developments, Society of Corporate Secretaries & Governance Professionals Mid-Atlantic Chapter-Annual Meeting Program, Philadelphia, Pennsylvania, May 21, 2007
•Co-author, Guide to Publicly Offered Private Placements Under New Rule 506(c), Duane Morris Alert, September 26, 2013
•Co-author, NASDAQ Proposes Listing Rules Relating to Compensation Committees, Duane Morris Alert, October 12, 2012
•Co-author, NYSE Proposes Listing Standards Relating to Compensation Committee Member Independence and Compensation Committee Advisers, Duane Morris Alert, October 2, 2012
•Co-author, SEC Rule Proposal Would Permit Public Offerings in Private Placements and Facilitate Capital Formation, Duane Morris Alert, September 13, 2012
•Co-author, SEC Adopts Final Rule on Disclosure of Payments by Resource Extraction Issuers, Duane Morris Alert, August 30, 2012
•Co-author, SEC Adopts Final Rule on Disclosure of Use of Conflict Minerals, Duane Morris Alert, August 29, 2012
•Co-author, SEC Adopts Rules on Independence of Compensation Committees and Compensation Advisers; New Listing Standards to Be Proposed by September 25, 2012, Duane Morris Alert, June 27, 2012
•Co-author, JOBS Act Enacted, Imposes Substantial Deregulation on the Mechanics of Securities Offerings, Duane Morris Alert, April 13, 2012
•Author, Due Diligence Review of Internal Controls: Focusing Beyond the Numbers, Deal Lawyers, November-December 2007