Rich serves as outside general counsel to a variety of mid-market companies and as a key member of the executive team. He regularly handles matters involving the organization and structure of new businesses and joint ventures, the acquisition and sale of businesses, and business reorganizations.
Rich’s transactional work crosses a broad spectrum of industries which include technology, manufacturing, real estate, and alcoholic beverages. A significant component of his work involves the health care industry. His client work in this area regularly involves M&A work, physician and hospital joint ventures, and the syndication, acquisition and sale of diagnostic imaging centers, dialysis centers and outpatient surgery centers. He has been active on both the buy side and sell side of large physician practices involving physician practice management companies. Rich is also active in the field of professional sports, representing the Tampa Bay Rays and Charlotte Bobcats.
Representative transactions include the sale of Snapfish to Hewlett Packard; the acquisition of a controlling interest in Tampa Bay Rays Major League baseball franchise and the sale of a controlling interest in the Charlotte Bobcats; the development and lease of the Time Warner Arena; a variety of joint ventures involving a regional automobile dealership; development of a Central American resort; a national savings bank; and movie production company.
In the financing area, on the borrower’s side, Rich often represents clients in connection with asset-based borrowing. On the lender side, he has represented a variety of “angel investors” and venture capital funds in connection with “equity”-type financing of technology startups.
In his tax practice, Rich’s work is primarily transactional-focused and involves structuring and implementing M&A transactions as well as partnerships and joint ventures. Rich also advises clients on a wide range of federal and state tax issues with particular emphasis on tax issues affecting not-for-profit organizations and their affiliated for-profit subsidiaries.
