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Tucker Ellis represents Performance Trust Capital Partners in private placement of $15 million in subordinated notes

Tucker Ellis represented Performance Trust Capital Partners, LLC as placement agent in connection with the issuance of $15 million in 10-year fixed-to-floating rate subordinated notes by Attica, Ohio-based Sutton Bancshares, Inc., holding company for Sutton Bank. 

Tucker Ellis earns IFLR1000 rankings in four Ohio practice areas

IFLR1000, the guide to the world's leading financial and corporate law firms and lawyers, has ranked Tucker Ellis in four Ohio areas of practice.

Transitioning to virtual shareholder meetings during COVID-19 pandemic

The spread of COVID-19 has altered how companies conduct business and highlights the need for flexibility brought about by the uncertainty.

Tucker Ellis welcomes partner Peter Rome to Business Department

Tucker Ellis LLP is pleased to announce that Peter Rome has joined the firm’s Business Department as a member of its Corporate/M&A/Securities practice group.

FTC proposes expanding antitrust reporting requirements for foreign parties

An FTC proposed rule seeks to clarify when a transaction is exempt from pre-merger notification under the Hart-Scott-Rodino Act because the entity involved is foreign. In their article for Bloomberg Law, Tod Northman and Natalie Fine explain that the change centers on the determination of an entity’s "principal offices," decided by the primary location of its executives and assets.

Failure is an option

In their article for Ethical Boardroom, Jayne Juvan and Chris Hewitt examine the board governance paradigm in the United States and argue that it works well to encourage calculated risk taking. 

FTC announces annual adjustments to the HSR filing thresholds and Interlocking Directorates

By Tod Northman

The minimum dollar thresholds under Section 7(A) of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and its rules and regulations (the HSR Act) will increase approximately 6.6% over the 2018 thresholds on April 3, 2019 (30 days after the date of their publication in the…

SEC adopts final rules on hedging disclosure—finally!

On December 18, 2018, the SEC at long last adopted final rules adding new Item 407(i) to Regulation S-K requiring disclosure about a company's practices and policies regarding hedging in the company's securities by directors and employees.

How should market participants prepare for the proposed LIBOR phase-out?

The upcoming phase out of the London Interbank Offered Rate, or LIBOR, promises to cause administrative and financial burdens to market participants who do not implement a transition plan.  In this post, we examine the rationale behind LIBOR's phase-out, discuss its possible replacements, and suggest strategies for both banks and borrowers to mitigate any adverse effects.

Chambers USA ranks Tucker Ellis’s General Corporate/M&A/Securities practice and attorneys

Tucker Ellis is proud to announce that Chambers USA has ranked its General Corporate/M&A/Securities practice group among Ohio’s leading Corporate/M&A practices for 2018. In addition, Chambers recognized partners Christopher Hewitt and Robert Loesch as notable practitioners in the group. 

Chambers notes that we are known for being a compact team that represents clients…