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Thomas B. Spillane

Partner/Retired

Thomas B. Spillane

Partner/Retired

Thomas B. Spillane, Jr. is a partner and business lawyer with Foley & Lardner LLP. A seasoned business counselor, his practice focuses on mergers and acquisitions, domestic and international joint ventures, restructuring transactions, bankruptcy acquisitions, executive compensation planning, director representation, project finance transactions and general corporate representation of public and private companies in a variety of industries, including automotive, technology, aerospace, real estate development, energy, casinos and health care. Thomas is former co-chair of the firm’s Automotive Industry Team, and a member of the Transactional & Securities, Private Equity & Venture Capital and International Practices, as well as the Health Care Industry Team.

Thomas combines years of corporate legal representation along with his background as a certified public accountant at a Big 4 accounting firm, to advise clients on the appropriate structure and tax aspects of acquisitions, divestitures, joint ventures and management incentive compensation plans.

His vast business, transactional and joint venture experience includes the representation of numerous U.S., European and Asian automotive suppliers; private equity funds; real estate developers in commercial, industrial and retail developments; physician practices; senior executives in compensation arrangements and casino operators.

 

 

Representative Experience

  • Acquisition of large global Tier 1 automotive supplier, including management of international aspects of transaction
  • Represent private equity funds on U.S. and international automotive transactions
  • Acquisition of a company in the energy industry representing management and its co-investment with a private equity fund
  • Sale of global automotive supplier company to a private equity fund
  • Acquisition of several companies in aerospace and government contractors
  • Sale of food distribution company
  • Casino joint venture ($1B), including handling, development, management and licensing matters
  • Sale of several companies to Chinese buyers
  • Numerous joint ventures between physicians and hospitals, surgery centers and physician practice management companies
  • Joint venture for construction of a stadium project
  • Creation and unwinding of a strategic global joint venture for two large automotive suppliers
  • Over 150 acquisition, sale and joint venture transactions of companies valued from $10-200 million involving buy-out funds or strategic industry buyers
  • Numerous private placement offerings to raise equity or debt for a wide range of healthcare, real estate and technology companies
  • Regularly represents senior executives and management groups in negotiating executive compensation and equity arrangements in acquisitions, divestitures, going private and restructuring transactions

Awards and Recognition

Thomas has been Peer Review Rated as AV Preeminent®, the highest performance rating in Martindale-Hubbell® Peer Review Ratings™ system. He has been selected for inclusion in the 2009 – 2017 Michigan Super Lawyers® lists as well as recognized as one of the Top 100 Michigan Super Lawyers®. He was also selected by his peers for inclusion in The Best Lawyers in America© in the field of Corporate Law (2018-2022).

Affiliations

Thomas is a former chairperson of the Business Entities Committee and the Partnership Committee of the State Bar of Michigan. Thomas is a member of the American Bar Association, State Bar of Michigan, the American Institute of CPAs, the Michigan Association of CPAs and the Original Equipment Suppliers Association.

Community Involvement

Thomas serves on the board of directors for Juvenile Diabetes Research Foundation.

Publications and Presentations

Thomas is a frequent author and lecturer on mergers and acquisitions, corporate restructuring, commercial contract matters and executive compensation arrangements.

August 19, 2021 Press Releases

Foley Attorneys Recognized in 2022 Best Lawyers in America

Foley & Lardner LLP announced today that 236 of the firm’s attorneys from 18 U.S. offices have been recognized in the 2022 edition of The Best Lawyers in America©, and 46 lawyers from 13 offices were included in the Best Lawyers: Ones to Watch list. Additionally, 14 of the firm’s attorneys received the special designation of “Lawyer of the Year,” an honor earned by only one lawyer in each practice area and metropolitan region.
November 18, 2020 Press Releases

Detroit Lawyers Named to DBusiness’ Top Lawyers 2021 List

Five Foley & Lardner partners were named to DBusiness magazine’s Top Lawyers 2021 list.
August 20, 2020 Press Releases

Foley Attorneys Recognized in The Best Lawyers in America 2021 List

Foley & Lardner LLP announced today that 20 of its attorneys earned Best Lawyers 2021 “Lawyer of the Year” recognition in their respective practice areas. In addition, 243 of the firm’s attorneys from 18 offices have been listed in The Best Lawyers in America 2021. Another 51 of the firm’s attorneys from 14 offices have been named to the new category of Best Lawyers: Ones to Watch, which recognizes associates and other lawyers who are earlier in their careers for their outstanding professional excellence in private practice.
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June 12, 2020 Blogs

CARES Act – Federal Reserve Main Street Loan Facilities - Updated June 12, 2020

On April 30, 2020, in response to more than 2,200 letters from individuals, businesses and nonprofits, the Federal Reserve announced changes and more program details for the Main Street Lending Programs. There will be three Main Street loan facilities available.
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June 8, 2020 Blogs

Key Changes to the Paycheck Protection Program - Updated June 8, 2020

On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”) was enacted, amending key provisions of the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).
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May 20, 2020 Manufacturing Industry Advisor

SBA Loans Under the CARES Act - Updated as of May 20, 2020

PPP provisions of the CARES Act were further interpreted by the Small Business Administration in an interim final rule issued late in the day on April 2, 2020.