Patrick G. Quick is a partner and business lawyer with Foley & Lardner LLP. Mr. Quick practices corporate law, with an emphasis in securities law compliance, acquisitions, activism preparedness, and takeover defense. He regularly counsels several public companies concerning compliance requirements and governance matters and has participated in securities offerings for numerous corporations.
Mr. Quick also has participated in many complex acquisition transactions representing both buying and selling parties in a variety of industries. He has been actively involved in the representation of clients doing advanced activism and takeover preparedness planning and has counseled clients who have been the subject of activism campaigns or received unsolicited takeover proposals or similar overtures. He is a member of the firm’s Transactional & Securities Practice and Sports, Manufacturing, and Automotive Industry Teams.
Mr. Quick graduated, magna cum laude, from the University of Michigan Law School in 1984, where he served as an editor of the Michigan Law Review and was elected to the Order of the Coif. He received his B.S., magna cum laude, from Marquette University, where he studied accounting.
Admissions and Professional Memberships :
Mr. Quick is admitted to the Wisconsin State Bar. His professional memberships include the Milwaukee Bar Association, State Bar of Wisconsin, and American Bar Association.
Representative Matters :
- On December 24, 2014 j2 Global, Inc. launched a hostile tender offer for the shares of Carbonite, Inc. Foley represented the board of directors of Carbonite in developing its defenses and responses to Carbonite, including the adoption of a two-tier shareholder rights plan. Foley was also selected by the company to handle anticipated litigation over the shareholder rights plan.
- In the middle of the j2 negotiations we were notified by FINRA of an investigation into the trading of the shares of Carbonite immediately prior to j2’s tender offer; we produced documents to FINRA and otherwise responded to all FINRA investigatory requests. The company announced the resignation of one board member and the appointment of a new board member. On March 2, 2015, j2 Global withdrew its tender offer and its anticipated litigation.
- Represented Fortune 100 global diversified technology company and directors in action alleging breach of fiduciary duty with respect to Proxy Statement disclosures relating to compensation plan and “say on pay” proposal slated for shareholder vote.
- Responding to plaintiff’s threat to enjoin the company’s annual meeting, we opposed expedited discovery and moved to dismiss the complaint. When the judge determined to review our motion to dismiss before granting plaintiff any relief, plaintiff voluntarily dismissed the matter.
- Our client, the Green Bay Packers, along with a grant from the NFL donated funds for the only NFL logo-ed football field outside an NFL facility to a local nonprofit, the Journey House.
- Foley worked on negotiating a long-term license and management agreement with the county and a license with a private high school for use of the field.
- Harley-Davidson, Inc. offered $600 million of senior unsecured notes in February 2009. The notes will be due in 2014 and bear interest at a rate of 15 percent per year. Davis Selected Advisers LP, a long-time investor in Harley-Davidson Inc. and the largest holder of Harley stock, and billionaire Warren Buffett’s firm Berkshire Hathaway Inc. each committed to purchase equal portions of the aggregate principal amount of the notes.
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