Represented Turkish Publicly Traded Company in Acquisition of US Based Manufacturer
Represented Isik Plastik, a Turkish publicly traded company and a leading manufacturer of thermoformed food packaging and industrial plastic sheet products, in its acquisition of a US-based manufacturer of polycarbonate and other plastics products.
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Represented Cyber Security Firm in Asset Sale Transaction
Represented Cohere Cyber Secure, a provider of cyber security and risk assessment services, in the sale of substantially all of its assets to Dataprise, a provider of managed IT, cybersecurity and cloud solutions.
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Represented Client in Reverse Take-Over Transaction Valued at $5.5B
Represented Nano Cures International, Inc., a US-based company focused on transforming the development and delivery of cures to major health conditions and diseases, in a definitive arrangement agreement (the "Arrangement Agreement") with Craft 1861 Global Holdings Inc. ("Craft Global"), a publicly traded Canadian corporation. The Arrangement Agreement sets out the definitive terms upon which Nano will acquire Craft Global in a reverse take-over transaction valued at $5.5B.
Strategic Investment in Leading Dance and Entertainment Companies
Represented Break the Floor Productions in a groundbreaking dance industry transaction. TZP Group (“TZP”), a multi-strategy private equity firm, made strategic investments in Break The Floor Productions and Star Dance Alliance to create Dance One Holdings, LLC, the largest holding company of dance brands in the world. This investment represents the largest institutional investment in the dance industry as of the date of the deal.
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Represented Financial Advisory Firm in Business Combination
Represented a financial advisory and accounting firm based in the northeast in its restructuring and subsequent business combination transaction with a financial and tax advisory business.
Represented Avenue Capital Group in PGA Tour Investment
Represented Avenue Sports Fund, an affiliate of Avenue Capital Group, respecting its investment in Strategic Sports Group (SSG), a consortium of sports franchise owners and investors, in support of SSG’s $3 billion investment in PGA Tour Enterprises, a new commercial venture between the PGA Tour, SSG and PGA Tour players.
Represented Avenue Sports Fund in Pickleball Investment
Represented Avenue Sports Fund, an affiliate of Avenue Capital Group, respecting its equity investment in an owner and operator of pickleball facilities.
Avenue Sports Fund – Capital Investment in English Soccer Club
Represented Avenue Sports Fund in its partnership with Bright Path Sports Partners in connection with their investment in Gamechanger 20 Ltd, the owner of Ipswich Town Football Club. Ipswich Town competes in the Premier League, the top tier of the English football league system. Avenue Capital will have representation on the Ipswich Town Board of Directors and will provide strategic input in addition to the equity capital and lending facility.
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Avenue Sports Fund – Investment in Immersive Technology, Media, and Entertainment Company
Represented Avenue Sports Fund in its investment in Cosm, a leading immersive technology, media, and entertainment company. The funding will drive long-term growth of Cosm's "shared reality" venues as well as its technology and media business units.
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Represented Administrative Agent and Lender in Connection with Secured Revolving Credit Facility
Represented the administrative agent and lender in connection with a secured $25,000,000 revolving credit facility providing credit to an international security company. The transaction was a cross-border deal, providing for multi-currency borrowings and secured by domestic and international assets.
Represented Major Commercial Bank in Amending and Extending Syndicated, Unsecured Revolving Credit Facility
Represented a major commercial bank as administrative agent, as a letter of credit issuer and as a lender, in amending and extending an existing $250.0 million syndicated, unsecured revolving credit facility to a company and its affiliates that provides human resources, payroll and benefits outsourcing capabilities.
Represented Major Financial Institution in a Master Repurchase Agreement with an Incremental Facility
Represented a major financial institution, as buyer, in a Master Repurchase Agreement with a real estate fund, as seller, in an amount of $100.0 million with an incremental facility up to an additional $100.0 million. The asset classes subject to the repurchase transactions are performing or non-performing commercial loans secured by real estate consisting of residential multi-family or apartment rental properties, assisted and independent living facilities, memory care facilities, and skilled nursing facilities.
Represented Private Credit Fund in Connection with Amending and Restating Subordinate Secured Credit Facility
Represented a private credit fund, as administrative agent, collateral agent and lender, in connection with amending and restating a $98.0 million subordinate secured credit facility to a borrower and its related entities in the business of arranging or originating small consumer loans, and amending and restating an existing intercreditor arrangement.
Represented Private Bank of a Major Financial Institution in Connection to Adding New Artworks as Collateral to Line of Credit Facility
Represented a private bank of a major financial institution, as sole lender, in connection with amending, extending and adding new artworks as collateral to an existing $65.0 million secured line of credit facility to a trust formed under the laws of a province in Canada, which facility is secured by 60 artwork pieces located primarily in various provinces in Canada.
Greystone – Series A Bond Offering – Tel Aviv Stock Exchange
Represented Greystone Senior Debt BI, LTD, a subsidiary of Greystone, in their Series A bond offering of approximately $160 million on Tel Aviv Stock Exchange. The offering was the highest rated offering historically for this product and 3x oversubscribed. The Herrick team partnered with Goldfarb Gross Seligman in Israel.
Represented Avenue Sports Fund in Men in Blazers Investment
Represented Avenue Sports Fund, an affiliate of Avenue Capital Group, respecting its lead equity investment in Men in Blazers, the preeminent soccer-focused media platform and podcast producer in the United States.
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Publicly Traded Digital Accessibility Solutions Company – Secured Dismissal of Retaliation Claims
Obtained a complete victory on behalf of the Executive Chairman of a publicly traded provider of digital accessibility solutions. Our client, along with the company and its CEO, were sued by a former executive after he was terminated for misrepresentations on his resume. After his termination, the plaintiff made allegations of retaliation and infliction of emotional distress. The Commercial Division dismissed all claims with prejudice.
Represented D.C. United in Partnership to Forge Premier Soccer Institution
Represented D.C. United in its partnership with Virginia Revolution and Attain Sports in forging a premier soccer institution that redefines the regional soccer landscape through the merger of Loudoun United FC and Virginia Revolution Soccer Club. The goal is to establish a professional pathway from grassroots development to the highest level of professional soccer in the United States.
This merger transforms Loudoun United from a team to a fully integrated club positioning it as a premier destination for soccer excellence in the region. This collaboration enhances fan engagement through innovative programming, family-friendly events, and greater access to world-class soccer.
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Private Equity Fund Portfolio Company – Acquisition of Distributor
Represented portfolio company of a private equity fund in its acquisition of a distributor.
Wealth Advisory Firm – Strategic Partnership
Representing Lido Advisors (“Lido”), a leading wealth advisory firm with over $30 billion in assets under management, in a strategic partnership with investment funds managed by HPS Investment Partners (“HPS”), a leading global alternative investment firm with approximately $150 billion in assets under management. HPS joined Lido’s existing partner Charlesbank Capital Partners (“Charlesbank”) to support the firm’s continued growth and long-term vision.
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Represented Company in Connection with Strategic Growth Investment
Represented EyeQ Monitoring (“EyeQ”), a leading provider of remote video monitoring and security intelligence solutions, in a strategic growth investment from WestView Capital Partners, a Boston-based growth equity firm focused on partnering with middle-market companies. The investment supports EyeQ’s continued expansion across core end markets and further advance the development of its next-generation analytics and business intelligence capabilities.
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U.K. Vodka Company – IP and Commercial Matters
Represent ultra-premium U.K. vodka company for U.S. intellectual property and marketing matters, distributor and importation agreements, employment matters, and other significant commercial matters including servicing and e-commerce agreements.
Leading Wealth Advisory Firm – Strategic Investment
Represented Lido Advisors (“Lido”), a leading wealth advisory firm with over $30 billion in regulatory assets under management, in the closing of its strategic investment from funds managed by HPS Investment Partners (“HPS”). HPS joined Lido’s existing investors Charlesbank Capital Partners and Constellation Wealth Capital, along with Lido’s more than 160 employee-owners, to support the firm’s continued growth and client-first mission.
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Cross-Border Investment in US Real Estate Fund
Represented NSC Asesores in an investment in a US real estate fund concentrating on properties in Colorado. The transaction comprised a combination of equity investment, a convertible note financing and a secured revolving credit facility. Herrick structured and negotiated all three components of the financing.
US Counsel to UK Selling Shareholders in Acquisition of UK Company
Acted as US counsel to the UK selling shareholders of a UK specialist provider of corporate secretarial governance, accounting and tax advisory services. A US private equity sponsored holding company acquired the UK company with payment taking the form of a combination of cash, rollover equity in the US holding company, and earnout consideration. Herrick advised on and negotiated key transaction documents addressing the US-centric rollover stock purchase and provided counsel regarding incentive compensation under a phantom equity incentive stock purchase plan and award agreements.
Represented Asset Management and Alternative Investments Firm – Revolving Credit Facility
Represented an asset management and alternative investments firm as the borrower in connection with an amendment to its revolving credit facility with a financial institution.
Represented Franchisee – Revolving Credit Facility
Represented a multi-unit coffee chain franchisee as the borrower in connection with a revolving credit facility with a financial institution, as the lender, to finance the development and operation of multiple franchise locations. The revolving loan was secured by all assets of the borrower and guaranteed by an affiliate corporate and individual guarantor.
National Banking Association – Standby Letter of Credit Facility
Represented a national banking association as the lender in connection with (i) a standby letter of credit facility (the “LOC”) for an asset management firm, as the borrower, and (ii) an amendment to an existing credit facility, with our client as administrative agent and collateral agent, to permit issuance of the LOC. The LOC serves as collateral for a surety bond.
Represented Platform in League Formation and Player Retention Agreements
Represented a leading sports, media entertainment and lifestyle platform in connection with the formation of Dunkman, the world's first professional global dunk league. Herrick’s representation included the preparation of player retention agreements.
Dunkman was formed to transform dunk competitions into a fully realized professional sport, providing top dunkers from around the world with a platform to showcase their talent. The inaugural season will feature 24 of the best dunkers competing live in a brand-new league format. Shaquille O’Neal will serve as the commissioner of Dunkman. The inaugural season of Dunkman will be distributed in Summer 2026 across TNT, TBS, truTV and HBO Max with additional content across Dunkman social media channels, Bleacher Report, House of Highlights and YouTube.
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Legends Hospitality – Investment by New Mountain Capital
Represented Legends Hospitality, the sports and entertainment joint venture controlled by the New York Yankees and Dallas Cowboys, in a strategic partnership and investment in the company by New Mountain Capital.
VG Growth Partners – Crunchsters
Represented VG Growth Partners in its investment in Crunchsters, an innovative food manufacturer that produces nutritious and organic plant-based snack products.
Legends Hospitality – The Intrepid Marketplace
Represented Legends Hospitality in a joint venture with the Intrepid Air and Space Museum to provide concessions services for a new high-end food market located on the U.S.S. Intrepid.
Credit Facility and Term Loan
Represented one of the nation's largest cheese manufacturers in amending and extending its senior secured asset-based credit facilities into a $114.5 million revolving credit facility and a $5.5 million term loan. The proceeds are to be used for general corporate purposes.
Private Lender – Funding Agreements
Represented a financial services company providing loans and financial accommodations to medium-sized and small businesses, in the development of financing forms, including loan participation agreements and receivable purchase agreements. In addition, we are consulting on the development of an off-shore lending facility suitable for non-resident, non-US investors.
EMMES Group of Companies – Restructuring
Represented the EMMES Group of Companies in the completion of the spin-off of Emmes Asset Management Company, renamed Vanbarton Group, and the formation of Emmes Realty Advisors from the existing Emmes entity.
Legends Hospitality – VenueNext
Represented Legends Hospitality in an investment in VenueNext, a technology company that provides smartphone-based software that gathers fan metrics and analytics at stadiums, arenas and other large scale entertainment venues.
Investment Adviser – Loan Review
Review and analysis of senior secured corporate loan investments on behalf of a collateral manager for collateralized debt obligations (CDOs).
Offshore Investment Fund – Joint Venture
Represented an offshore investment fund in an investment in a joint venture for U.S. commercial real estate development.
Fund Manager – JOBS Act
Represented a fund manager in connection with JOBS Act advice, including new private placement rules.
Real Estate Investor – Acquisition
Represented a real estate investor in the acquisition of a public housing project by merger of two limited partnerships.
Financial Services – Trader Employment Agreement
Represented a financial services firm in the development of an employment agreement template addressing protection of trading algorithms and other proprietary information.
Silas Capital – Investment in LifeFactory
Represented Silas Capital in its investment in LifeFactory, a company involved in the design of safe, modern, and eco-friendly glassware, and glass baby and beverage bottles.
Real Estate Investment Firm – Development of Hotel Branding and Operations Systems
Represented a real estate investment firm in the development of proprietary branding and operations systems for a unique hotel concept involving collaborative work spaces.
Legends Hospitality – One World Observatory IP Rights
Represented Legends Hospitality in the review, assessment and protection of intellectual property rights in various unique One World Observatory visitor installations, including the Sky Pod elevators, the See Forever Theater and the City Pulse interactive display.
Legends Hospitality – DraftKings Investment
Represented Legends Hospitality in its equity investment in DraftKings, a leading provider of daily fantasy sports contest services.
Baseball Franchise – Term Loan Facility
Represented a major league baseball franchise in a $4 million unsecured term loan facility provided by a national bank. The proceeds will be used to pay various fees and expenses related to the facility and to finance certain projects.
Bounce Media Group – Yacht Charter Agreement
Represented Bounce Media Group, an operator of one of the largest private event yachts in the northeast, in securing its charter for the 2015 season, in executing a contract for its first cruise this year – the June 5 birthday party of famous hip hop artist, Jadakiss, and filing for trademark protection for the BOUNCE BOAT name.
Private Lender – Lending Documentation
Represented a finance company in the development of financing forms and in advice on related legal issues.
Legends Hospitality – Live Nation Strategic Partnership
Represented Legends Hospitality in a major strategic partnership with Live Nation to provide concession services at 34 of Live Nation's music venues in North America. The partnership represents one of the largest venue food and beverage contracts in history.
Limited Liability Company Joint Venture
Represented client in the formation of a limited liability company to operate as a joint venture for the sourcing of raw diamonds.