Partner
Frank J. Favia Jr.
Commercial Litigation, Global Investigations & White Collar Defense
Übersicht
Public companies and private equity firms turn to Frank Favia for their most sensitive litigation matters. He brings a unique set of skills to his clients, having served as the executive vice president and general counsel of a private equity backed financial services company, during which time he led a legal department of over 200 lawyers and compliance professionals. He handles a diverse range of civil litigation matters and arbitrations across the country.
Frank frequently advises public companies and private equity clients in significant M&A litigation and disputes. He has successfully handled dozens of M&A post-closing disputes related to working capital, earn-outs, purchase price adjustments, representations and warranties, indemnification, employment restrictive covenants, and alleged fraud. He has experience bringing claims under representation and warranty insurance policies. He is frequently retained by private equity clients to represent their portfolio companies in significant disputes and investigations.
Frank has represented a diverse range of clients in other commercial litigation matters in arbitrations and in federal, state, appellate, and bankruptcy courts. These matters have included, among other claims and issues, contract disputes, alleged breaches of fiduciary duties, business tort claims, labor and employment issues, alleged breaches of non-competition and non-solicitation covenants, and real estate disputes.
Erfahrung
M&A and Private Equity Litigation
Represented:
- Public companies, private equity firms, and portfolio companies in dozens of post-closing disputes related to working capital, earn-outs, purchase price adjustments, representations and warranties, indemnification, and alleged fraud.
- Private equity firms bringing claims under buyer-side representations and warranties insurance policies.
- Two private equity firms in an action brought in the U.S. District Court for the Southern District of New York alleging violations of the federal Racketeer Influenced and Corrupt Organizations Act (RICO) and conversion.
- Numerous private equity portfolio companies in contract disputes with business partners.
- Private equity firms and their portfolio companies in connection with responses to non-party subpoenas.
- A German conglomerate in an arbitration proceeding in Germany and a separate action in the U.S. District Court for the Central District of Illinois involving claims for fraud and declaratory relief relating to the parties’ failure to close under a purchase agreement.
- A Fortune 100 company in an action involving claims for specific performance to require closing under a purchase agreement.
- A Power 5 NCAA athletic conference in connection with its addition of two prominent member universities from another Power 5 conference.
- An individual shareholder of a special purpose acquisition company (SPAC) in a dispute in connection with a business transaction to take a target company public.
- Individual shareholders of a family-owned franchising business in litigation involving alleged breaches of a shareholder’s agreement and fiduciary duties.
- Litigation due diligence for public and private companies in dozens of M&A transactions.
Auszeichnungen
- An Illinois Rising Star - Super Lawyers
- An Illinois Emerging Lawyer - Leading Lawyers
Ausbildung
- University of Illinois College of Law, JD, magna cum laude
- Northwestern University, BS
Zulassungen
- Illinois
Courts
- US Court of Appeals for the Seventh Circuit
- US District Court for the Northern District of Illinois
- US District Court for the Central District of Illinois
- US District Court for the Western District of Wisconsin