Matters

The Emmes Group of Companies – Venture Capital Financing

Represented The Emmes Group of Companies in the preparation of a convertible note purchase agreement, offering documents and an amended and restated operating agreement in connection with a capital raise.

Champions League, Inc. – New League Formation

Represented Champions League, Inc., in the formation and organization of a new champions basketball league. We are advising on league structuring and on antitrust, ownership, league, securities law and franchise law issues. In addition, Herrick advised on the sale of the initial franchises. The league will have 16 teams and 2 divisions.

$21 Million Acquisition of West 25th Street Buildings

Represented an affiliate of Sabet Development in the $21.5 million acquisition of two buildings on West 25th street; the property will serve as the "replacement property" in a reverse 1031 transaction.

Acquisition and Joint Venture to Redevelop Chelsea Property

Represented DDG in the acquisition of a property on the westside of Manhattan along with a related financing from M&T Bank and formation of a joint venture to redevelop the property into an 11-story residential condominium.

Bushwick Property Acquisition and Development

Represented Royalton Capital on the acquisition of a three-acre industrial site in Bushwick, Brooklyn. The deal included the structuring of two joint ventures and financing from AllianceBernstein. Plans are to develop the property into a mixed-use office, retail and restaurant space.

Money Center Bank – CLO Program Development

Represented a money center bank in developing a collateralized loan obligation program to recycle national real estate mortgage loans and warehouse loans, including advice on structuring, tax matters and bank regulatory matters.

Formation of New York Bakery Group LLC

Represented New York Bakery Group LLC, a high-end bakery business, in its formation, organization, capitalization, and tax structuring. In addition we provided counsel in connection with negotiation of real estate leases and consulting agreements.

Small Bone Innovations – Acquisition by Stryker Corporation

Represented Small Bone Innovations in its acquisition by Stryker Corporation, one of the world's leading medical technology companies, in an all-cash transaction valued at up to $375 million.

Palcap Advisors – Inergex Acquisition

Represented Palcap Advisors in its acquisition of Inergex, LLC, an IT services company, through a stock purchase and subsequent merger.

Cardax Pharmaceuticals, Inc. – Financings and Reverse Merger

Represented Cardax Pharma, a development stage life sciences company, in several financing rounds and its reverse merger with a public company. Cardax trades on the OTCBB under the symbol "CDXI".