Joint Venture for Operation of Stadium Brewery
Represented a professional baseball team affiliate in a proposed joint venture with a leading European craft beer manufacturer for the operation of a brew pub at a major league baseball stadium.
Matters
UFC – Mayweather v. McGregor Bout
Represented Ultimate Fighting Championship (UFC), as lead counsel, in the August 2017 Floyd Mayweather, Jr. v. Conor McGregor bout at the T-Mobile Arena in Las Vegas.
Real Estate Investment Bank – Formation of Outsourced Business
Represented a real estate investment bank in the formation and use of a paralegal professional firm to provide certain services with greater efficiency for real estate leases and related matters.
Regional Sports Network – Financing Facility Amendment
Represented a regional sports network in amending its $24 million equipment lease financing facility to include an affiliate as a lessee.
Commercial Bank – Dismissal of Claims in Age Discrimination Litigation
Represented a U.S. commercial bank in connection with securing the dismissal of the majority of claims against it that were filed by a former executive of the bank over age discrimination allegations.
Professional Baseball Team – Breach of Contract Litigation
Represented a professional baseball team in a purported breach of contract action by an office equipment leasing company seeking to hold our client liable for financial losses suffered by one of the plaintiff’s independent dealers.
Professional Baseball Team – Summary Judgment in Breach of Contract Dispute
Represented a professional baseball team in securing summary judgment in a federal court litigation arising from the breach of a multi-year advertising agreement with a mobile security firm. The court awarded our client $1.7 million, plus interest and late fees, as well as attorneys’ fees and costs.
Professional Baseball Team – Ticket Purchase Agreement Dispute
Represented a professional baseball team in resolving a dispute over a ticket purchase agreement.
Professional Baseball Team – Default Judgment in Advertising Agreement Litigation
Represented a professional baseball team in securing default judgment in litigation arising from a stadium vendor’s breach of an advertising agreement.
New York Yankees – Vision Esports
Represented the New York Yankees in its investment partnership with Vision Esports, the largest single shareholder of three eSports companies – Echo Fox, a leading professional eSports organization founded by three-time NBA champion Rick Fox; Twin Galaxies, a recognized authority on video game performance validation and player rankings; and Vision Entertainment, a studio that produces original eSports content.
Regional Sports Network – $200 Million Note Refinance
Represented a leading regional sports network in the redemption of senior subordinated notes in the principal amount of $250 million and in the issuance of new senior subordinated notes in the principal amount of $200 million.
Regional Sports Network – Corporate Restructuring
Represented a leading regional sports network in a restructuring of its ownership structure through the formation of a new Delaware limited liability company.
New York Islanders – Charity Raffles
Advised the New York Islanders in connection with conducting 50/50 raffles in New York and Connecticut.
Investment in E-Commerce Jewelry Retailer
Represented client in an investment in an E-commerce business that delivers jewelry to consumers on demand through its partnership with high-end jewelry brands.
MedSource National Inc. – Sale to ExamWorks
Represented MedSource National Inc., a provider of Independent Medical Exams (IME) services to insurance carriers, employers, third-party administrators and the legal profession, in its sale to ExamWorks, LLC.
Real Estate Investment Advisory – Joint Venture
Representing a prominent, privately owned real estate investment advisory in a major residential development.
Real Estate Investment Advisory – Investment in Canadian Company
Representing a prominent, privately owned real estate investment advisory in an investment in a Canadian company involved in the cannabis industry.
Venture Capital Investment
Representing a premier hospitality management company in a high-tech venture capital investment to enhance the stadium experience.
Swedish Pharmaceutical Company – Formation of U.S. Subsidiary
Representing a Swedish pharmaceutical company in establishing its U.S. operations.
Private Investor – Establishment of Baseball Clinic
Represented a private client in connection with establishing a new baseball development clinic in southern Florida.
Grosvenor U.S. Investment
Represented a sovereign wealth fund in a venture capital investment.
Real Estate Investment Advisor – Incentive Equity Option Plan
Represented a prominent, privately owned real estate investment advisor in establishing an incentive equity option plan.
Merchant Bank – Private Equity Investment
Represented a well-known merchant bank in a private equity investment.
Real Estate Investment Advisor – Portfolio Restructuring
Represented a prominent, privately owned real estate investment advisor in restructuring a real estate portfolio consisting of more than 100 properties.
Private Investor – Formation of Private Equity Fund
Represented client in establishing a private equity fund focusing on aggregating investments in collegiate and high school sports.
NFL Club – Governance and Employment Matters
Represented a well-known NFL club in issues related to league governance and employment matters.
Jack’s Holdings – Series Seed Financing
Represented Jack’s Holdings, Inc., in a Series Seed Preferred Financing.
Yankee Global Enterprises – Acquisition of Equity Interest
Issued transfer and tax opinions in connection with the acquisition of an indirect equity interest in Yankee Holdings, L.P.
Coblentz Patch Duff & Bass – Employment Agreements
Represented Coblentz Patch Duff & Bass LLP in review of California entity’s employment award agreements for New York employees.
Not-for-Profit Sports Association – ERISA Matters
Represented client in a dispute regarding a domestic relations order applying to the client’s pension plan.
Legends Hospitality – Stadium Development
Represented Legends Hospitality in connection with a stadium development for a major league franchise.
Real Estate Developer – Family Limited Partnership
Represented a family office in establishing a family limited partnership.
Hotel Operator – Government Relations
Represented a major hotel operator in resolving government relations issues.
Not-For-Profit Association – Executive Transition
Represented major sports league in connection with all employment and personnel issues.
Not-For-Profit Association – Cyber Securities
Represented a major sports franchise operator in connection with cyber securities initiatives.
Not-For-Profit Association – Compensation Plan
Represented a major sports franchise operator in connection with establishing a deferred compensation plan.
Not-For-Profit Association – Rate Review
Represented client, as its integrity counsel, in connection with a rate review.
Sports Ventures – Ownership Transfer
Represented client in connection with a minority ownership transfer of an NBA franchise.
Global Law Firm – Acquisition Matters
Represent client, a large global law firm, as outside special counsel in antitrust matters, including conducting a Hart-Scott-Rodino Act analysis with respect to the acquisition of a new business line.
Major Concessions Company – Product Offerings
Representation of major concessions company in connection with the offering of its client product offerings.
NHL Hockey Team – Naming Rights
Represented NHL hockey team as outside counsel in connection with its naming rights transaction.
Legends Hospitality – Creation of Omnichannel Retail Program
Herrick represented Legends Hospitality in the creation of an expansive omnichannel retail program with Spanish soccer powerhouse Real Madrid CF. The program encompasses an all-new official online store, the relaunch of three official stores in Madrid, and a new Flagship Megastore at the Estadio Santiago Bernabéu. The program will offer the latest assortment of fan gear, kits, headwear, customized products, authenticated memorabilia, and accessories at the stadium, online and at official stores.
Resources
General Counsel to Telecommunications and Cloud Communications Company
Acting as General Counsel on a full spectrum of corporate matters to a provider of on-demand voice and data communications systems that include telecommunications and cloud communications.
Sports Ventures – Sale of Ownership Interest
Represented client in sale of minority interest in professional basketball team.
Represented Major Hospitality Organization in Certification of COVID Compliance
Represented and advised major food, beverage and stadium operations corporation serving entertainment venues in certifying all venues were compliant with mandated COVID safety regulations.
Transfer of Minority Interests in Major League Baseball Team
Representation of sellers and purchasers of minority indirect equity interests in the Major League Baseball Team including delivery of tax and transfer opinion letters required under governing documents.
Represented High Net Worth Investment Vehicle in Securing Assets to Operate CBD Business
Represented a high net worth investment vehicle in a new venture seeking to take control of an ecommerce CBD business by joining with secured creditors and exercising the rights and remedies of the creditors to secure the assets to continue to operate business.
Represented Investment Vehicle in Acquiring Exclusive Manufacturing and Distribution Rights
Represented a high net worth investment vehicle in securing a control position of an entity purchasing world-wide Intellectual Property rights of a an iconic soda company. The acquisition includes the exclusive rights to a newly launched spiked seltzer division, exclusive license rights to manufacture and distribute an international hard seltzer line and rights to an after alcohol revival beverage.
Represented Investment Company in Structuring and Development of CBD Business
Represented investment vehicle in its structuring and developing of a CBD line of products to be marketed at big box stores and kiosks and counseled on accompanying intellectual property issues.
Concession Service Provider – UK Acquisition
Represented international concession service provider in its acquisition of UK hospitality provider specializing in providing premium customer event experiences.