Transactional and Litigation practice group join efforts for client benefit
Bingham Greenebaum Doll LLP attorneys were recognized in the latest issues of USLAW Magazine for their dedication to client service.
The article commended BGD’s transactional and litigation groups’ joint effort in the First Merchants Corporation (FMC) case. Back in April of 2013, attorneys David R. Prechtel, Jeremy Hill and Jonathon D. Wright negotiated the terms and conditions of FMC’s merger with CFS Bancorp (CFS).
Because both companies were NASDAQ companies, the transaction required a few extra steps. A registration statement and joint proxy statement needed to be filed with SEC and several other bank regulatory applications. The transactional group successfully navigated the required documents, filings and approvals and was able to close the merger last November. Partner Jeremy Hill spoke about his merger at the joint meeting of the Indiana Association for Corporate Growth and the Financial Executives of Indiana in March.
After an East Coast firm criticized the merger and later filed a shareholder class action suit against CFS, BGD’s litigation team joined in to defend our client and the transactional group’s actions. David O. Tittle, Alex Gude, Briana Clark and Gregory A. Neibarger represented FMC and, utilizing the Private Securities Litigation Reform Act, quickly defeated Plaintiff’s expedited discovery and injunction motions, which allowed the merger to take place as scheduled. Ultimately, the Plaintiff’s attorneys relented by dismissing the entire case.
USLAW complimented the effort of both teams saying, “The resolution of these two client matters is an excellent example of the synergy that can be achieved when practice groups work together. It is also a great testament to Bingham Greenebaum Doll LLP’s commitment to client service.”
To read the full USLAW Magazine article, please click here.