David R. Schaffer

Represented Mesirow Financial as the underwriter for notes issued by the Maryland Economic Development Corporation to purchase the intellectual property rights of the Preakness States and Black-Eyed Susan Stakes, keeping both legendary horse races in Baltimore for years to come. The firm also represents The Maryland Jockey Club, which operates thoroughbred racing in the state and announced a new broadcast deal with NBC and Peacock.

Miles & Stockbridge represented a data center cooling solutions manufacturer in its sale to a full-service HVAC provider. The transaction — which closed in just nine weeks from letter of intent — required broad cross-disciplinary expertise including tax, real estate, antitrust, employee benefits, employment and intellectual property. The buyer was represented by counsel from a major national firm.

Represented the majority owner of a U.S.-based manufacturer of equipment for the power industry in selling its stake to the minority owner after more than two years of cross-border negotiations. The transaction navigated U.S., German and Mexican legal perspectives on issues such as anti-sandbagging provisions, with diligence supported by a virtual data room hosting nearly 70 participants and more than 300 written questions.

Miles & Stockbridge represents a large national golf cart part distributor based in Baltimore in various intellectual property matters.