Fletcher, Heald & Hildreth, PLC has a long history of representing both buyers and sellers in a wide range of media-related transactions.
From 2010-2012, we represented clients in more media transactions than any other law firm, according to SNL Kagan, a preeminent source of financial analysis in the media industry.
Our practice includes the negotiation of Asset Purchase Agreements or Stock Purchase Agreements and the filing of Assignment of License and Transfer of Control Applications with Federal Communications Commission. But it extends well beyond those activities.
FHH attorneys work with clients and their counsel in connection with media and telecom lending and investment transactions. We serve as special FCC counsel in a variety of financing transactions, including private financing and investment, public financing and offerings, bankruptcies, workouts, and foreclosures. We have served as special FCC counsel for lenders, mezzanine funds, and private equity and venture capital firms, as well as for media and telecommunications companies and entrepreneurs in connection with loans and equity investments and financings. We have served as special FCC counsel to receivers and in bankruptcy proceedings.
Our attorneys advise lenders, investors, and borrowers on FCC rules and regulations governing the operation of media, telecommunications, and wireless firms, as well as FCC regulations affecting foreign ownership, lending practices, and collateralization of security interests for loans and investments. We counsel foreign investors on U.S. communications laws and FCC regulations that affect investments in U.S.-based media and telecommunications companies. We assist our lending and investment clients and/or their counsel with due diligence on FCC licenses and operations, FCC compliance matters, and valuation of broadcast, wireless, satellite and telecommunications businesses. We also review loan and security documents, provide FCC legal opinions, and analyze ownership structures to assure compliance with FCC regulations.
We assist in identifying regulatory barriers that might affect the ability of a borrower or investor to complete a transaction and recommend approaches to avoid those concerns. We assist lenders and operating companies with regulatory issues affecting financially distressed companies subject to the transfer, control, and security interest restrictions of the FCC. We also work with our financial clients’ bankruptcy and restructuring counsel and provide advice regarding FCC multiple ownership, cross-ownership, and foreign ownership regulations and restrictions that can arise in restructuring and financing distressed communications companies.