Michael Traube has served as lead counsel on numerous public and private M&A transactions. He has substantive experience representing companies in a broad range of corporate matters, including public and private mergers, proxy contests, joint ventures and strategic investments, Section 363 and other asset deals, carve-out transactions, private equity deals, corporate restructurings, reclassifications and corporate finance.
Areas of Concentration
Mergers & Acquisitions
Proxy Contests and takeover defenses
Corporate Governance and general corporate matters
Representation of Federal-Mogul Powertrain in its acquisition of British clean-tech development company Controlled Power Technologies
Representation of Greenbriar Equity Group LLC in its sale of transportation management firm Transplace Holdings LLC to TPG Capital
Representation of Benihana Inc. in:
The successful proxy contest and shareholder vote to overturn the company's dual-class stock structure and convert the company's Class A common stock into regular common stock
Subsequent sale to Angelo Gordon & Co.
Representing Daimler AG in its:
Investment in, and strategic cooperation with, Tesla Motors Inc., the Silicon Valley-based designer and distributor of zero-emission vehicles
Sale of an interest in the entity holding the Tesla stake to Aabar Investments
Participation in a subsequent Tesla capital-raising round
Role as a significant stockholder of Tesla in Tesla's Nasdaq initial public offering
Acquisition of Tesla common stock through a private placement effected in conjunction with a public secondary offering of common stock by Tesla
Representing Cablevision Systems Corp. in its acquisition of Newsday from the Tribune Co.
Representation of Cablevision affiliate PVI Virtual Media Services in its sale of assets to ESPN Technology Services and Sportvision
Representation of Mark Cuban Companies in:
The AXS TV (formerly HDNet) joint venture among Mark Cuban Companies, Anschutz Entertainment Group, Creative Artists Agency and Ryan Seacrest Media
The addition of CBS Corp. to the AXS TV joint venture
Representation of the trustee for the liquidation of Lehman Brothers Inc. in:
The proposed multibillion-dollar settlement of claims with Lehman Brothers International (Europe)
The unwind of numerous derivative and other contracts with counterparty claimants
Representation of Innovative Power Solutions, a US manufacturer of electrical power generators and converters used primarily in military aircraft, in its sale to Zodiac Aerospace, a world leader in aeronautical equipment and systems headquartered in France
Representation of the U.S. Department of the Treasury in connection with its investments in financial institutions under the TARP Capital Purchase Program
Representation of Continental Airlines, Republic Airways and Azul Linhas in several aircraft purchases and financings
Representation of the Trustee for the liquidation of MF Global Inc. in the sale process and transfer of customer securities accounts to another broker dealer, and other transactional matters.
Representation of MediaNews Group in several debt financing transactions and related restructuring.
Representation of Wafra Capital Partners in several investments and joint ventures, including a $1,000,000,000 investment in TriplePoint Capital
Representation of Galaxy Brands (owner of the AND1 brand and other brands) in:
The sale of a majority stake in Galaxy to Carlyle Group
Its purchase of the Avia and Nevados brands from Brown Shoe Co.
Its purchase of the Linens 'n Things brand from a team including Hilco Global and Gordon Brothers
Representation of The Madison Square Garden Company in its investments in:
Obscura Digital (live entertainment technology and production company)
Boston Calling Events (Operator of the Boston Calling Music Festival)
Tao Group (Operator of the Tao, Marquee, Lavo, Avenue, The Stanton Social, Beauty & Essex, and Avenue restaurants and nightclubs)
Counter Logic Gaming (owner of several competitive esports teams)
Representation of Cenveo Corporation in:
the carve-out sale of its office products envelope business to LSC Communications
its merger with Nashua Corporation
the purchase of the assets of National Envelope Corporation out of bankruptcy
the carve-out sale of its packaging business to WestRock Company
Representation of AMC Networks in connection with its acquisition of a 49.9% stake in BBC America
Representation of Brambles Limited in:
the sale of its North American recycled pallets business to private equity firm Grey Mountain Partners
the sale of its Transport Management System (TMS) business, LeanLogistics, to UK-based Kewill Inc., a global provider of supply-chain software
its 50/50 joint venture with First Reserve relating to their container solutions businesses Hoover Container Solutions, Ferguson Group and CHEP Catalyst & Chemical Containers