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Patrick D. Cornelius
Partner
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Patrick Cornelius advises clients on a broad range of domestic and international business matters including debt and equity financing, mergers, acquisitions and divestitures, commercial contracting and licensing, corporate governance and joint venture formation. Pat co-chairs the Squire Sanders Value Partner Team
SM, which leads the firm in its Partnering for Worldwide Value
SM initiative, focused on continually improving the value proposition the firm delivers to its clients. Pat is also the co-chair of the Squire Sanders insurance industry group and serves on the firm’s HealthCare Reform Task Force.
In addition to his experience at Squire Sanders, Pat was assistant general counsel for America Online, Inc., where he served as primary counsel to CompuServe and MapQuest.
Pat has extensive experience in a wide range of corporate legal representations, in particular merger, acquisition, and debt and equity financing transactions in a variety of industries including insurance, life sciences, technology, logistics and manufacturing. He has represented clients in merger and acquisition transactions with values ranging from more than US$5.5 billion to less than US$5 million. He advises clients in M&A transactions throughout the Americas, Europe and Asia. He also advises clients on various areas of corporate governance, commercial contracting and compliance issues.
Pat was recognized as a Rising Star in the 2005-2010 editions of
Ohio Super Lawyers magazine, a distinction that recognizes the top 2.5 percent of lawyers under the age of 40 or those in practice for 10 years or less.
Reprezentatívne skúsenosti
- Representing a Fortune 50 company in various aspects of its divestiture of a health technology business group for a price in excess of US$3 billion including defining and negotiating transition services agreements.
- Representing an offshore investment fund in a bid of more than DM8 billion for German telecom assets including related transaction structuring and documentation.
- Representing a mutual insurance company in the US$250 million sale of its wholly owned life insurance company subsidiary and formation of a captive life insurance agency.
- Representing a next-generation chip development company in its sale through a merger into an acquisition subsidiary of a public company and associated fairness hearing.
- Advising a real estate developer in the rationalization of more than US$600 million in real estate holdings and subsequent tax-free contribution to a joint venture with more than US$1.1 billion in holdings.
- Representing an airline in multiple rounds of equity as debt financing and in corporate governance and board fiduciary duties.
- Representing a publicly traded automotive supplier in the formation of an offshore holding entity and joint venture in China engaged in the manufacturing of automobile parts.
- Representing a global logistics company in a US$100 million asset acquisition of a US- and Canada-based packaging business.
- Representing an international logistics company in a US$75 million asset acquisition of a packaging business and subsequent sale and leaseback of facilities.
- Representing a publicly traded media company in the tax-effective acquisition of Mexico’s largest privately held music company through the use of a joint venture and buy-sell arrangements.
- Representing a leading alternative energy company in the negotiation of the terms of an ERP system procurement and integration.
- Representing a healthcare provider in the negotiation of a multiyear US$400 million IT outsourcing agreement.
- Counseling clients in multiple cross-border purchases of preferred stock in biotechnology and other startups.
- Representing private equity funds in various portfolio investments.