Peter E. Converse

Peter has practiced transactional law in Chicago since 1983, initially with two major downtown Chicago firms, and later in small firms. His practice has focused for years on the general representation of privately-held companies and entrepreneurs. His clients include other law firms, technology companies, medical practices, companies involved in real estate development and management, and manufacturing companies.

Peter lives in Park Ridge, Illinois, with his wife, also an attorney, and his son and daughter.

Presentations:

Peter frequently delivers presentations to other attorneys through bar association seminars and continuing legal education classes, on topics such as:

• mergers and acquisitions,
• succession planning,
• structuring multi-owner entities,
• legal issues for physicians and medical practices,
• litigating shareholder disputes, and
• legal issues in raising capital by privately-held companies.

For years, Peter delivered seminar presentations through the Chicago Bar Association on the representation of businesses to lawyers beginning their careers. Peter also speaks from time to time to groups of allied professionals, like bankers, accountants, and insurance brokers.

Education

J.D., University of Michigan Law School, 1983

B.A., University of Wisconsin-Madison, 1979, Economics with honors

Professional Activities

Chicago Bar Association, Corporation and Business Law Committee, Chairman, Vice-Chairman, Secretary (2003-05)

Practice Areas

Corporate/Commercial

Bar and Court Admissions 

Illinois, 1983

Memberships

NewsChicago Bar Association

Representative Matters

• Disposition of substantially all of the real property owned by US-based international real estate development company over 15-year period
• Disposition of software development company by control group
• Pre-offering disposition of restricted shares in software development company for control group individual
• Representation of issuers and investors in numerous energy-related ventures
• Representation of industrial laundry company in several roll-up acquisitions
• Representation of national mobile-home park operator in roll-up acquisitions of other mobile home operations totaling more than 2000 pads
• Representation of control group individuals in development of several specialty hospitals in Midwestern US
• Acquisition of competitor by Minnesota-based real estate management company
• Representation of major Chicago law firm in planning for management group succession, numerous other corporate matters
• Representation of several law firms in general corporate and commercial matters
• General representation of numerous medical practices in physician equity buy-ins and buy-outs, as well as numerous other corporate and commercial matters
• Representation of various real estate developers, real estate management companies and other allied companies in general corporate and commercial matters
• Representation of family members in disputes with control group and eventual disposition of 25% minority interest in manufacturing company
• Representation of several family offices in various equity investments and dispositions
• Settlement of acrimonious physician share ownership litigation in Chicago-area medical practice
• Representation of control group in successful squeeze-out of litigious minority shareholders
• Implemented buy-sell agreements and/or succession plans for approximately 150 privately-held companies
• Representation of several foreign manufacturers in establishing US-based subsidiaries
• Representation of private investors in numerous equity, joint venture and angel transactions totaling approximately $100 million in invested capital
• Representation of mortgage holder in Caribbean development property dead-in-lieu with options to repurchase, eventually resulting in regaining title and subsequent sale at substantial profit
• Representation of developer in complicated real property assemblage involving acquisition of more than 100 separate parcels and subsequent sale of assembled property to a national developer
• Representation of law firms in claims against major bankruptcy estate involving Section 363 asset sale
• Involvement in numerous complex class action matters, primarily involving employment matters

Community Involvement

Park Ridge Baseball/Softball, Coach (2004-12)

Washington School PTO Playmakers

Volunteer Tutor, Fourth Presbyterian Church, Chicago

Professional Activities

Chicago Bar Association, Corporation and Business Law Committee, Chairman, Vice-Chairman, Secretary (2003-05)

Publications

NEWS: Buy-Sell Agreements: A Must for Multi-Owner Companies!

NEWS: Is Your LLC an Asset Protection Trap?