| — Partner
 Joe Basile, a partner in the firm's corporate and finance areas, represents parties in complex domestic and cross-border transactions. His practice includes mergers, acquisitions, divestitures, joint ventures, strategic alliances, private equity transactions and financial restructurings. In addition to practicing law, Joe has taught corporate and commercial courses as a full-time professor of law, and continues to teach as an adjunct professor.
Representative Transactions
- Represented a European buyer in connection with the $2.2 billion acquisition
of a publicly held U.S. publishing company
- Represented a bondholders' committee in connection with a £5 billion
debt restructuring by a publicly held English telecommunications company
- Advised unsecured creditors’ committee on the corporate aspects
of an $11 billion Chapter 11 reorganization of a publicly held energy
company
- Represented a major U.S. aerospace company in the formation of a strategic
alliance with a Japanese partner to establish an inventory distribution
center for Asia in Tokyo
- Represented an aircraft engine maintenance services provider in the
negotiation of a 20 year exclusive contract with a major air freight carrier
expected to generate approximately $2 billion in revenue
- Represented the purchaser in the acquisition, for approximately $70
million, of an aircraft parts repair business located in Springdale, Arkansas
Professional Affiliations and Admissions
- Adjunct Professor, University of Connecticut School of Law
- Adjunct Professor, Western New England College School of Law
- Member, American Bar Association (Business Law and International Law
and Practice Sections)
- Member, Massachusetts Bar Association (Business Law Section; member
of Business Law Section Council)
- Member, Boston Bar Association (Business Law Section)
- Member, Association for Corporate Growth
- Member, Association of Strategic Alliance Professionals
- Former Member, Massachusetts State Ethics Commission
- Admitted only in the Commowealth of Massachusetts and the States of
New York and New Jersey
Speaking Engagements
- "Negotiating and Drafting Major Commercial Agreements", Atlas
Information Group, participating speaker covering joint venture and strategic
alliance agreements (June 15, 2004, Boston, MA).
- "Supporting Business Growth: Recent Developments in Acquistions, Alliances
and Joint Ventures", American Association of Corporate Counsel, program
moderator (March 11, 2004, Boston, MA).
- Second Annual "Negotiating and Drafting Major Business Agreements",
Insight Information Co., chairperson and participating speaker covering
joint venture agreements (December 11-12, 2003, Boston, MA).
- "Negotiating and Drafting Major Business Agreements", Insight Information
Co., participating speaker covering joint venture agreements (May 20,
2002, Boston, MA).
- "Business & Securities Law Conference 2001", Massachusetts
Continuing Legal Education, chaired workshop entitled "A Business
Lawyer's Guide to Revised UCC Article 9" (October 26, 2001, Boston,
MA).
- "UCC Article 2 & 2A - Sales and Leasing of Goods", Massachusetts
Continuing Legal Education, participating speaker (November 28, 2000,
Boston, MA).
- "A Practitioner's Guide to LLCs and LLPs", Massachusetts Bar
Association, participating speaker (February 13, 1996, Springfield, MA).
Publications
Book
- State Limited Partnership Laws, 7 volumes (Prentice Hall Law & Business,
1987). Original co-editor (with Michael A. Bamberger) and presently Massachusetts
state reporter.
Law Review Articles
- "The 1985 Delaware Revised Uniform Limited Partnership Act,"
41 Business Lawyer 571 (1986).
- "Limited Liability for Limited Partners: An Argument for the Abolition
of the 'Control' Rule," 38 Vanderbilt Law Review 1199 (1985). The
following opinions cite this article: Antonic Rigging and Erecting of
Missouri, Inc. v. Foundry East Ltd. Partnership, 773 F.Supp. 420 (S.D.Ga.
1991); and Zeiger v. Wilf, 333 N. J. Super. 258, 755 A.2d 608 (App. Div.
2000).
- "Admission of Additional and Substitute General Partners to a Limited
Partnership: A Proposal for Freedom of Contract," Arizona State Law
Journal 235 (1984). The following opinions cite this article: In re Hagerstown
Fiber Ltd. Pshp., 1998 Bankr. LEXIS 1054 (Bankr. S.D.N.Y. Aug. 24, 1998);
and Obert v. Environmental Research & Dev. Corp., 51 Wash. App. 83,
752 P.2d 924, 1988 Wash. App. LEXIS 110 (1988).
Other Articles:
Various articles published in The Daily Deal, including:
- “Zero Tolerance” (discussing recent SEC enforcement action
of all holders rule, September 5, 2003)
- "Unavoidable Duty" (discussing recent Delaware case Law concerning
fiduciary duties in joint ventures, October 29, 2002)
- "Unintended Implications" (discussing possible effects of new SEC accelerated
filing rules on certain M&A transactions, October 8, 2002)
- "Friendly Enemies" (discussing joint ventures and strategic alliances
between competitors, September 6, 2002)
- "Camel's Nose" (discussing recent SEC staff interpretation of shareholder
proposal rule, August 16, 2002)
- "Enduring Change" (discussing exit provisions in joint venture agreements,
July 16, 2002)
- "Merger Lite" (discussing non-equity strategic alliances as
an alternative to traditional M&A transaction structures, June 26,
2002)
- "Recognizing the Unrecognizable" (suggesting due diligence procedures
that focus on revenue recognition issues, June 10, 2002)
- "Open Marriage" (dealing with investment restrictions in joint
venture agreements, May 13, 2002)
- "Risk-sharing Rewards" (suggestions for negotiating and drafting
joint venture agreements, April 29, 2002)
Various articles published in BusinessWest, including:
- "Negotiating an Open Business Marriage" (November 2002)
- "Ten Tips for Joint Venture Negotiations" (August 2002)
- "The Importance of Being Diligent" (August 1994)
- "Partnership or Corporation? How About the ‘LLC’?"
(July 1994)
- "Ruling Eases Succession Planning Bite" (January 1994)
- "IRS Tightens Partner Expense Deductions" (August 1993)
- "Strategic Alliance: A Biotech Business Development Plan", Boston Business
Journal (February 7, 2003)
Various other publications:
- "Expulsion of Partners and Limited Liability Company Members",
Massachusetts Bar Association Section Review (March 2000).
- "After the Closing: Implementing the Agreement - Environmental
Issues in Business Transactions", published in Corporate Counsel’s
Guide to Environmental Problems in Corporate Transactions (Business Laws,
Inc. 1993), in Checklists for Corporate Counsel (Business Laws, Inc. 1992)
and in The Environmental Counselor (July 15, 1991).
- "Selling and Leasing Community Health Organizations: Power, Problems
and Possibilities" (with Dr. Seth B. Goldsmith), 12 Journal of Ambulatory
Care Management 59 (1991).
Education
- Harvard Law School, Juris Doctor, cum laude, 1977
- Stonehill College, Bachelor of Arts, summa cum laude, 1974
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