As a top corporate and project finance attorney, Eric A. S. Richards has been redefining the way major infrastructure projects are developed and financed. While based in Los Angeles, his work spans the globe, advising clients on projects involving investment in US seaports, and on international deals such as the acquisition of airports in Northern Ireland and Sweden.
As Co-Chair of the Project Finance & Development group, Eric’s practice focuses on project finance and infrastructure investment and development. Eric represents sponsors, developers, investors, financial institutions, and others in investment-related transactions involving infrastructure assets across a wide range of sectors. He is particularly experienced in transactions involving transportation infrastructure, including airports, seaports, rail, and surface transportation projects, as well as public-private partnerships and the privatization of governmentally-owned assets. He has worked on transactions throughout a majority of the United States, Asia, Latin America, Europe, and Africa.
He is also experienced in investment management and corporate governance matters, as well as US and international securities laws and corporate joint ventures, combinations, and divestitures.
In recent years, Eric served as a member of the Firm’s Policy Committee, a 13-member body responsible for overseeing the Firm’s general affairs and management, and was also head of the Los Angeles office’s 100-lawyer Corporate Department.
- LaGuardia Gateway Partners (LGP) in its winning bid for the complete redevelopment and long-term operation of the Central Terminal Building (CTB) at New York LaGuardia Airport; total redevelopment costs are expected to exceed US$4 billion.
- The redevelopment of LaGuardia’s Central Terminal Building will be a landmark transaction and become the largest public-private partnership to be undertaken anywhere in the world.
- Plenary Group and Edgemoor Infrastructure in their winning US$460 million bid for a public-private partnership with the City of Long Beach, California to develop and finance the City’s new civic center complex.
- Airports Worldwide in the acquisition of Belfast International Airport, as well as a 90.1 percent stake in Stockholm-Skavsta Airport, and management contracts for various U.S. airports and airport terminals.
- The Port of Oakland (the Port) in financing and other strategic transactions, including the Port’s landmark public-private partnership with an affiliate of the Ports America Group for a 50-year concession to operate, maintain, and further develop approximately one-third of the Port’s maritime operations space — the first public-private partnership of its kind in the U.S. ports sector.
- Airline sponsors, investor groups, and other stakeholders in the financing and development of airline passenger terminals and other significant airport infrastructure facilities at over 30 U.S. airports, including financing and development of terminals at John F. Kennedy International Airport in New York (JFK), Houston Bush Intercontinental Airport, Los Angeles International Airport (LAX), and Boston Logan International Airport.
- Consortium Midway Investment and Development Company LLC on all aspects of assembling and submitting its bid for the concession and lease to operate Chicago’s Midway International.
- A member of a consortium bidding for the right to develop, operate, and maintain the Presidio Parkway, the principal access roadway system for the Golden Gate Bridge in San Francisco.
- Major automaker in connection with the financing of new auto production facilities in the southeastern United States.
- National Football League (NFL) team franchise in connection with its consideration of plans to relocate cities.
- Harvard Law School, J.D., 1989: cum laude
- Yale University, B.A., Economics and Political Science, 1986
- American Bar Association
- National Bar Association
- Los Angeles County Bar Association
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