William Skinner concentrates his practice in business and financial matters. He represents clients in the acquisition and sale of businesses, financing and equity transactions, and development of affordable housing, adult residential communities, and other residential and commercial real estate. He also represents investors, trade organizations, and commercial enterprises in other industries.
He has spoken to numerous professional organizations on federal and state securities law issues, state law issues concerning business organizations (corporations, limited liability companies, partnerships) and various topics involving attorney professional responsibility. He also serves as Lex Nova’s ethics counsel.
Representative Matters
- Represented on of India’s leading pharmaceutical companies in its first international acquisition of a private, NJ-based generic drug development company.
- Represented large public company in numerous private acquisition transactions involving consumer products.
- Represented an international pharmaceutical company in a highly competitive Section 363 auction sale process leading to the $450 million acquisition of Graceway Pharmaceuticals, LLC, by another party, under the supervision of the United States Bankruptcy Court for the District of Delaware.
- Obtained over $30 million in tax credit, state and state agency funding, and commercial financing in affordable housing development projects.
- Closed an $18 million dollar land acquisition and construction loan for a New Jersey residential real estate developer.
- Represented a real estate investor in numerous equity investments in development project ventures.
- Served as New Jersey corporation law counsel in $435 million public company cash out merger transaction.
- Served as securities counsel to a large public reporting company.
- Served as counsel for the new construction of a 140 unit affordable housing project utilizing Low Income Housing Tax Credit financing.
- Advised boards of directors of several New Jersey-chartered corporations and limited liability companies as to their duties in approving extraordinary dividends or distributions.
- Represented the seller of a 10,000 subscriber, investor-owned public utility company, including a water company and a sewer company/
- Represented the seller of a $55 million mobile home park.
- Represented a private developer in a public-private partnership project resulting in $180 million bond-financed construction of a university bookstore, student housing buildings, mixed residential units, classrooms, office space, retailing buildings, and a hotel.
- Advised on several “year 16” resyndication projects for Low Income Housing Tax Credit projects, including projects involving 400 and 200 units.
- Served as New Jersey corporate law counsel in $90 million public company cash-out merger transaction.
- Represented the seller in the sale of numerous cellular telephone operating companies in multiple transactions with aggregate purchase prices of $100 million.
- Represented the seller in the sale of minority interests in various cable TV operators.
- Led negotiations with the New Jersey Department of Banking and Insurance, leading to the first-ever discretionary regulatory exemption for 8,000 member organization’s health benefits plan.
- Assisted a client with closing of $13 million nonrecourse financing of closely-held shopping centers.
- Counseled clients on the remediation of groundwater contamination and the sale of large neighborhood shopping centers
Honors & Awards
- Rated AV Preeminent by Martindale-Hubbel
- Top Attorney, SJ Magazine, 2010-2014 & 2017
- Listed as a “Top Rated Lawyer in Land Use and Zoning” in Corporate Counsel magazine and The American Lawyer magazine, 2013
Professional Affiliations
- Member of the Corporation, Banking and Business Law Committee, Camden County Bar Association
- Member of the Business Law Section, New Jersey State Bar Association
- Member, Association of Professional Responsibility Lawyers
- Past Chair (2006-07), New Jersey Supreme Court District IV Ethics Committee
News & Events
- Campbell Soup Co.’s Charter Creates High Hurdle to Sale, The Philadelphia Inquirer (August 8, 2018)