Douglas J. Leary


Partner
Washington, P: 202.383.0703
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Doug, a partner in the firm’s Corporate group, has a broad corporate practice focused on mergers and acquisitions, joint ventures, corporate finance, private equity transactions and general corporate and contract matters.

Since 1990, Doug has represented dozens of publicly traded and privately held clients in more than 100 significant corporate transactions.  Clients have included private equity firms, insurance and financial services companies, energy companies, lease finance companies, engineering firms, television and radio stations, newspapers and publishing companies.

Sample representations in his general transactional practice include the following:
  • representing Allied Capital in the $976 million sale of its CMBS and CDO portfolio to Caisse de depot et placement du Quebec and the acquisitions of Crescent Hotels & Resorts and AllBridge Financial;
  • representing Eagle Energy Partners LP in connection with its sale to Lehman Brothers Commodities Holdings, Inc.;
  • representing Park Communications (owner of 110 newspapers, 22 radio stations and 9 television stations) in its sale to two private investors for $711 million;
  • representing Telmark LLC in connection with the sale of its equipment lease portfolio to Wells Fargo Financial Leasing for $617 million;
  • representing British Nuclear Fuels plc in connection with the sale of BNG America to EnergySolutions LLC;
  • representing Westinghouse Electric Company in its acquisition of PaR Systems, Inc. (robotics and crane engineering) from American Capital Strategies; and
  • representing Medallion Financial Corporation (SBA lender) in the sale of Business Lenders to Merrill Lynch.
In addition to his general transactional practice, Doug has represented a number of clients in the insurance and financial services industries in connection with the purchase and sale of investment advisers, broker-dealers, insurance companies and blocks of life, health and annuity business.  Sample transactions in the insurance and financial services industries include the following:
  • representing Lincoln Financial Group (NYSE: LNC) in its $1.4 billion acquisition of CIGNA's life, health and annuity business and its acquisition of Dougherty Financial Group, the adviser and distributor for the Voyageur family of mutual funds;
  • representing Swiss Re in its $172 million tender offer for the outstanding stock of Southwestern Life Holdings (NASDAQ: SWLH) and its acquisition of North West Life from Industrial-Alliance Life of Canada;
  • representing ING Groep NV in its $152 million acquisition of United Life and Annuity from Penncorp, the sale of its medical stop loss division to SAFECO and the sale of its health insurance business to Manhattan Life;
  • representing Hartford Life in its acquisition of the PLANCO companies (wholesaler of mutual funds and insurance products);
  • representing Allied Capital in the sale of assets of Legacy Partners Group (broker-dealer) to Friedman Billings & Ramsey and the acquisitions of Callidus Capital Management (CDO collateral manager), Cambridge Capital Partners (fund-of-funds sponsor) and Legacy Partners Group;
  • representing Wilton Re in its acquisition of the life insurance business of Annuity and Life Reassurance;
  • representing Aegon NV in its acquisition of the Endeavor mutual fund complex; and
  • representing Kentucky Home Mutual in its acquisition of Keystone State Life, the sale of Keystone State Life to American Heritage Life, and the merger of Kentucky Home Mutual with National Guardian Life.
In addition to his work with for-profit entities, since 1993 Doug has represented, on a pro bono basis, Bread for the City, a DC-based non-profit agency, in its general corporate matters.  Doug is also an adjunct professor of law at The George Washington University Law School, where he teaches Takeovers and Tender Offers.
Education

M.Sc. - Finance, Johns Hopkins University, 2005

J.D., cum laude, Boston University School of Law, 1990, Editor, Boston University Law Review G. Joseph Tauro Scholar Paul Liacos Scholar Edward F. Hennessey Scholar

B.A., Colgate University, 1985

Bar Admissions

District of Columbia, New York