CMM Closes €11 Million Investment for Client in Belgian Company

Posted: June 20th, 2022

Successfully closing an investment deal can be a taxing endeavor as the process requires clarity of communication, transparency, and unwavering focus. Executing on this process in a transnational transaction is even more challenging. But as our client can attest, it’s possible with the right counsel, as our team just closed an €11 million investment for our client.

Through this investment, our client obtained a 10% equity interest in a Belgian company specializing in the development of axial flux motors for electric vehicles. CMM’s team – Donald Rassiger, Marc Saracino, and Zachary Mike – served as lead counsel, with support from one of CMM’s partner law firms in Belgium. This was a strategic investment for our client, as the development of the investment target’s products is critical to the client’s other investments across the globe. Further, by closing this investment, CMM helped not only our client but also provided support for the growth and development of the burgeoning electric vehicle industry.

This transaction highlights CMM’s ability to close significant multinational transactions and bridge the various legal, language, and cultural gaps that exist in cross-border transactions. CMM has supported our client in over $100 million in investments around the world over the past two years. This investment closing is one of many that exemplifies CMM’s ability to close challenging deals and help clients achieve their goals.

To learn more about how we can help you, please contact us.

DeMaio Sworn in as Officer of the Suffolk Academy of Law

Posted: June 10th, 2022

Campolo, Middleton & McCormick is proud to announce that Senior Associate Richard DeMaio was recently sworn in as an Officer of the Suffolk County Bar Association’s Academy of Law. He was sworn in by the newly installed SCBA President Vincent J. Messina Jr. at the SCBA’s 114th Annual Installation Dinner on June 1.

DeMaio has been extremely involved in the SCBA and has acted as an invaluable resource to the Academy of Law over the years. In addition to his new role as an Officer of the Academy, DeMaio also serves as a member of their Marketing Committee. Officers of the Academy serve four years on the board.

DeMaio is a litigation attorney that focuses on contract issues, business disputes, environmental matters, and municipal matters in state and federal court. His municipal work includes Article 78 proceedings, zoning/land use matters, and defending municipalities. He also focuses on commercial landlord-tenant cases and a variety of appeals. Richard works extensively on researching and drafting motions and appellate briefs in state and federal court. He has argued and won several appeals pertaining to land use/zoning, commercial, and general litigation.

We are pleased to congratulate DeMaio on his new role which will not only increase his involvement in the legal community but will also help the Suffolk Academy of Law build on their continuing legal education programs.

McCormick Elected First Vice President of the Suffolk County Bar Association

Posted: June 2nd, 2022

Campolo, Middleton & McCormick is proud to announce that Senior Partner Patrick McCormick has been elected First Vice President of the Suffolk County Bar Association. As First Vice President, McCormick will continue to advocate for the legal community through legal education programs and represent the SCBA in the absence of the President and President Elect.

This election is a particularly noteworthy professional milestone for McCormick, who has previously served as Second Vice President, Secretary, and Treasurer of the SCBA Board of Directors, as well as Dean of the Suffolk Academy of Law. A proven leader in the community, this election highlights McCormick’s long-standing dedication to the SCBA. McCormick was sworn in at the SCBA’s 114th Annual Installation Dinner at Villa Lombardi’s on June 1.

McCormick chairs the Appellate Practice at CMM, having built a reputation as a strategic and talented appellate attorney over three decades in the field. Representing clients in civil and criminal matters in both federal and state courts, he has argued numerous appeals, including three arguments at the New York State Court of Appeals, the state’s highest court. McCormick is also a respected trial attorney, litigating all types of complex commercial and real estate matters. He represents national commercial shopping centers, retailers, and publicly traded home builders in commercial and residential landlord-tenant matters. McCormick has been recognized by his peers with the Martindale-Hubbell AV Preeminent® rating for ethical standards and legal ability, the highest possible rating from the most recognized legal directory and resource. 

CMM Overcomes Motion to Dismiss in Real Property Compensation Lawsuit

Posted: May 23rd, 2022

CMM recently represented our client, a prominent real estate developer, successfully as the plaintiff in a million-dollar East End real property compensation dispute.

Our client sued the defendants (a real estate brokerage firm and its principal) to recover compensation for various services rendered unrelated to real estate brokerage activities.

Following this lawsuit, the defendants moved for an Order to dismiss the complaint. According to the defendants, our client was not a real estate broker and was therefore prohibited from collecting/splitting any commission and from commencing a legal action seeking such commission.

CMM’s Jeffrey Basso and Rich DeMaio opposed the motion to dismiss and ultimately received a favorable decision from the Court denying the motion in its entirety. In its decision, the Court held that our client’s lawsuit stated viable claims and thus, was sufficient to withstand the defendants’ motion to dismiss. The case will now proceed to discovery where CMM can continue to prosecute the claims on behalf of our client.

CMM’s litigation team is well versed in real estate matters, representing clients in all types from contract disputes to landlord-tenant proceedings. Contact us to learn more.

CMM Welcomes Joshua Valentino, Esq. to Rapidly Expanding Corporate Department

Posted: May 11th, 2022

Campolo, Middleton & McCormick, LLP, recognized by Forbes as a Top Corporate Law Firm in America, is pleased to welcome Joshua Valentino, Esq., as an Associate to our rapidly expanding Corporate department. Valentino focuses on a variety of business-related matters and transactions. He also helps support the legal and business teams for a national retailer on a wide range of business transactions.  

Prior to his legal career, Valentino worked in the title insurance and property and casualty insurance industries, and also worked as a freelance web designer for small businesses where he designed, planned, and managed their websites.

“Josh is a great addition to the team,” said CMM Partner Arthur Yermash. “His work experience prior to law school has given him direct insight into how clients think and operate, which is especially useful in the corporate legal world.”

Valentino graduated cum laude from the Maurice A. Deane School of Law at Hofstra University, where he served as Managing Editor of Articles of Hofstra’s Labor & Employment Law Journal. He received his B.A. from Adelphi University.

Richard DeMaio and Marc Saracino Promoted to Senior Associate

Posted: April 27th, 2022

Campolo, Middleton & McCormick, LLP, a premier law firm with offices across Long Island – recognized by Forbes as a Top Corporate Law Firm in America – is delighted to announce that Richard DeMaio and Marc Saracino have been promoted to Senior Associate.

“This is an important milestone in both Rich and Marc’s careers and is very well deserved for both,” said Managing Partner Joe Campolo.

Saracino began his career at the international law firm Milbank LLP in Manhattan, where he focused on structured and specialty finance and securitization. At CMM, he is a member of the Corporate team, focusing on complex M&A matters, private placements, commercial leasing, employment issues, and a variety of corporate transactions. Saracino is a magna cum laude graduate of New York Law School, where he served on New York Law School Law Review, and graduated from Binghamton University.

DeMaio is a litigator focusing on commercial disputes and environmental matters in state and federal court, municipal litigation, commercial landlord-tenant cases, and a variety of appeals. His municipal work includes Article 78 proceedings, zoning/land use matters, and defending municipalities. DeMaio graduated cum laude from the Maurice A. Deane School of Law at Hofstra University, where he served as Notes Editor of Hofstra Law Review. He also earned his undergraduate degree from Hofstra. DeMaio joined CMM as a Summer Associate in 2016.

CMM Represents Cerini & Associates in its Acquisition of Nassau CPA Firm

Posted: April 18th, 2022

It’s official – tax season is over! As accountants celebrate by digging themselves out of their piles of paperwork and documents, CMM is happy to report that for our client, a Suffolk County CPA firm, wrapping up tax season isn’t the only celebration. Our client, Cerini & Associates, LLP, is celebrating their acquisition of Syosset-based Joseph Sciacca & Company CPAs P.C.

Cerini & Associates is a full-service New York regional accounting firm serving the Long Island community for over 27 years in industries including healthcare, nonprofit, education, school districts, technology, and construction. According to C&A’s press release, the merger will expand the firm’s footprint and capabilities and add a second location, delivering increased value to clients.

CMM’s Vincent Costa spearheaded the deal on behalf of Cerini & Associates.

Professional service firms trust CMM with all their legal needs, whether mergers and acquisitions, transactions, litigation, or employment issues. Contact us and learn more about our M&A practice here.

CMM Honored by Touro Law Center; Receives Law Firm of the Year Award

Posted: April 11th, 2022

Campolo, Middleton & McCormick, LLP is proud to announce that the firm has been honored by Touro Law Center as the 2022 Law Firm of Year! The award will be presented at the Liberty & Justice Dinner on Thursday, April 28, 2022, at the Garden City Hotel. Liberty & Justice Award recipients are honored for their work, steadfast support, and dedication to the ideals of the Law Center.

The mission of Touro College Jacob D. Fuchsberg Law Center to provide students with an innovative and immersive path toward becoming practice-ready professionals complements CMM’s efforts to continuously raise the bar for the legal profession on Long Island. CMM also enjoys a strong relationship with the law school, teaching classes, mentoring students, and providing scholarships and externships. CMM Senior Partner Christine Malafi also serves on the Board of Governors.

Congratulations to all Liberty & Justice Award honorees!

CMM Closes Asset Purchase for Suffolk County Manufacturer in Multimillion-Dollar Deal

Posted: April 6th, 2022

They say a family business is a never-ending journey that is constantly evolving. For our client, a multi-generation family business that has been operating in New York for more than 120 years, this certainly holds true.

CMM recently represented this long-established family business in an M&A deal involving the sale of the company. Our client is a Suffolk County manufacturer in the plumbing, cooling, and heating industry. Developing lines of quality products for wholesale distribution, refrigeration, and food service industries, our client manufacturers the tools and devices needed for all types of industrial applications. The deal involved the multimillion-dollar sale of our client’s assets to an affiliate of a larger midwestern manufacturer of equipment products whose distribution network services countries around the world.

CMM’s team, led by Vincent Costa with support from Marc Saracino and Paralegal Kat Campolo, negotiated the asset purchase agreement on behalf of our client, evolving and transforming their family business as they know it.

Learn more about M&A practice here and contact us for guidance on your next business purchase or sale.