Author Archives: Terry Hernlund

When You Need Answers Fast, We Move Quickly

Posted on April 27, 2012 by Terry Hernlund

A local public company was ready to prepare documents for its first meeting of shareholders. It asked its law firm to assist it in preparing its annual report on Form 10-K and its initial proxy statement. It soon became apparent to the company that it was not getting the amount of attention and help from its regular law firm that the company needed in order to get both of the projects timely completed and filed with the Securities and Exchange Commission, and it had not seen a draft proxy statement four weeks after it had asked for a draft. At that point, the company’s CFO called Joe Richardson and asked if Gammage & Burnham could assist the company in preparing the proxy statement for its annual meeting of shareholders.

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The Right Counsel to Get Your Deal Done Right the First Time

Posted on April 27, 2012 by Terry Hernlund

Pat Nolan has been my attorney for far more years that either of us would likely want to admit. I seldom do anything without her involvement. Once though, I did. I invested in a pair of affiliated limited liability companies that another member’s lawyer was organizing. After awhile, I sensed that something just was wrong with how the deal was working.

I asked Pat to review all the documents and her analysis highlighted so many things that had been mis-prepared and ill thought through. I had to call a meeting of all the members of the two companies to let Pat explain what the documents actually said as compared to what we all thought the deal was supposed to be.