Richard A. Krantz

Partner

  • Overview

    Biography

    Richard Krantz is co-chair of the Securities Group of Robinson+Cole, where his practice covers a broad range of corporate and securities transactions, including representation of issuers and underwriters in both public and private securities offerings of debt and equity, acquisitions, mergers, restructurings, and joint ventures. In addition, he represents public companies with respect to their reporting and disclosure obligations and other regulatory requirements. Mr. Krantz's practice also includes general corporate matters, including franchises, distributorships, financings, spin-offs, and rights offerings.

    Mr. Krantz's practice includes public companies, private companies of all sizes, and emerging companies. In that respect, he has guided companies through formation, capital raising, mergers and acquisitions, and reorganizations. He has represented both investors and issuers in structuring, negotiating, and documenting various series and classes of debt and equity securities. He has counseled management and boards of directors both through ordinary operational issues and with respect to unusual transactional matters. Mr. Krantz's clients regard him as one of their team because he is able to understand and relate to their challenges, obstacles, strengths, and weaknesses.

    Mr. Krantz has been listed in The Best Lawyers in America® in the areas of Corporate Law, Securities Law, and Securities / Capital Markets Law (Copyright 2016 by Woodward/White, Inc., Aiken, SC).

  • Experience
    • Experience

      Experience

      • Led a team of Robinson & Cole lawyers in a $241 million public offering of common stock of a major fuel cell developer and manufacturer. The offering was underwritten by Merrill Lynch & Co. He continues to represent the issuer in a wide range of corporate, securities, and general commercial matters.
      • Represented a New York Stock Exchange company involved in a $70 million infusion of private equity from a venture capital fund. The transaction involved regulatory approvals, securities law issues, and extensive contractual negotiations.
      • In charge of an $80 million cross-border acquisition of a NASDAQ National Market company, which involved lawyers in the securities, antitrust, tax, intellectual property, ERISA, labor, environmental, and real estate specialties in the firm.
      • Represented administrative agent and syndicate of lenders in connection with $200 million revolving and term-loan facility to fund a "going private" transaction, a dissenting shareholder reserve and working capital needs, secured by real property located throughout the United States and a blanket lien on all other assets.
      • Represent the treasurer of the State of Connecticut as trustee for the State's retirement plans and trust funds. Handled a series of investments in various equity/hedge funds on the State's behalf, most recently, a $40 million investment in a private equity fund. Services include performing due diligence and negotiating and drafting documents.
      • Represented Farrel Corporation, a manufacturer of processing equipment for primarily the rubber and plastics industries, in its sale to a German buyer.
      • Representation of Connecticut Retirement Plans and Trust Funds concerning Audax Mezzanine Fund III, L.P. Robinson & Cole provided legal due diligence documentation and negotiated the terms of the limited partnership agreements, subscription documents, and side letters.
      • Representation of Connecticut Retirement Plans and Trust Funds concerning an investment in RFE Investment Partners VII, L.P. The investment required a $40 million commitment by the treasurer on behalf of the Connecticut Retirement Plans and Trust Funds.
      • Representation of Connecticut treasurer's office in the purchase of a limited partner interest in Court Square Capital Partners II, L.P., on behalf of the Connecticut Retirement Plans and Trust Funds. The investment required a $100 million commitment by the treasurer on behalf of the Connecticut Retirement Plans and Trust Funds in a newly formed Delaware limited partnership developed to identify and invest primarily in U.S.-based middle-market companies. The newly formed partnership seeks to generate significant long-term capital appreciation primarily through private equity and equity-related investments in companies in a variety of transactions.
      • Representation of RiverOak Investment Corp., LLC, in establishing four separate real estate investment funds. Each of the funds was formed to invest in real estate construction or development projects. Concerning that representation, Robinson & Cole helped negotiate and draft all of the operative documents, including operating agreements, subscription materials, investor documentation, guarantees and indemnities, and related agreements. We were also responsible for the related federal and state regulatory compliance efforts and were involved in every aspect of creation, offering, maintenance, and continuing regulatory compliance with each of the funds. Those offerings aggregated in excess of $75 million.
      • Representation of Unimin Corporation, a producer of nonmetallic industrial minerals, in acquisition of two plants producing resin-coated sand in Louisiana and Arkansas.
      • Representation of a publically-held franchisor of fast-casual restaurants related to an exchange offer to retire debentures in exchange for preferred stock and a related private placement of preferred stock.
      • Representation of a special committee of the board of directors of a privately-held, development-stage biotech company related to evaluating competing offers from major pharmaceuticals for acquiring the company. The company was sold with a purchase price of more than $100 million, the majority as an upfront payment and the remaining based on clinical development progress.
      • Representation of a national bank in the sale of a $65 million pool of performing and nonperforming mortgage loans and foreclosed real estate. 

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    • Professional Associations

      Professional Associations

      Connecticut Bar Association

      New York City Bar Association
    • Honors + Awards

      Honors + Awards

      Ranked in Chambers USA: America's Leading Lawyers for Business in the state of Connecticut in the area of Corporate/Mergers & Acquisitions since 2012

      Listed in The Best Lawyers in America® as Stamford Lawyer of the Year in the area of Securities Regulation for 2013 (Copyright 2012 by Woodward/White, Inc., Aiken, SC)

      Listed in The Best Lawyers in America® in the area of Securities/Capital Markets Law from 2012 to 2017, Securities Regulation for 2012 to 2015, and the areas of Securities Law and Corporate Law for 2010 and 2011 (Copyright 2016 by Woodward/White, Inc., Aiken, SC)

  • NEWS + PRESS
    • Presentations

      Presentations

      "Disclosures of Projections and Financial Analyses - Conflict and Uncertainty Under Delaware Law," at Connecticut Bar Association's Business Law Section meeting (3/24/2009)

    • News

      R+C News Releases

      • August 15, 2016

        Robinson+Cole Receives Top Listing in Connecticut Lawyer Count in The Best Lawyers in America® 2017

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      • May 27, 2016

        Chambers USA Recognizes Robinson+Cole Lawyers and Practice Groups

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      • August 18, 2015

        Robinson+Cole Receives Top Listing in Connecticut Lawyer Count in The Best Lawyers in America® 2016

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      • May 19, 2015

        Robinson+Cole Earns Six Practice Area Rankings in Chambers USA 2015

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      • August 19, 2014

        Robinson+Cole Receives Top Listing in Connecticut Lawyer Count in Best Lawyers National Peer Review Survey

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      • May 29, 2014

        Robinson+Cole Earns Rankings in Chambers USA 2014 in all Connecticut Practice Areas

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      • August 16, 2013

        Robinson & Cole Receives Top Listing in Connecticut Attorney Count in Best Lawyers National Peer Review Survey

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      • June 10, 2013

        Chambers USA Ranks Robinson & Cole in Five Practices, Names 17 Attorneys as Leading Lawyers

      • September 14, 2012

        Ten Robinson & Cole Attorneys Selected as “Lawyers of the Year”

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      • August 28, 2012

        Robinson & Cole Receives Top Listing in Connecticut Attorney Count in Best Lawyers National Peer Review Survey

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      • June 7, 2012

        Chambers USA Ranks Robinson & Cole in Five Practices, Names 16 Attorneys as Leading Lawyers

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