Category: News on the Homepage

Campolo, Middleton & McCormick is proud to announce that Senior Partner Patrick McCormick has been elected Second Vice President of the Suffolk County Bar Association. In this role with the SCBA Executive Committee, McCormick will play a critical part in helping the legal profession reinvent itself, expanding access to the court system, and working directly with businesses as they continue to navigate the pandemic.

This election is a significant professional milestone for McCormick, who has previously served as Secretary and Treasurer of the SCBA Board of Directors, as well as Dean of the Suffolk Academy of Law. McCormick will be sworn in at the SCBA Installation Dinner on June 3, 2021.

McCormick chairs the Appellate Practice group 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 court, McCormick has argued numerous appeals, including three arguments at the New York State Court of Appeals, the state’s highest court. He is also a respected trial attorney, litigating all types of complex commercial and real estate matters, and also 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. 

McCormick will continue to advocate for legal education and access in his new role as Second Vice President. We are pleased to congratulate McCormick on this achievement that highlights his leadership in the legal community.

Campolo Middleton and McCormick’s M&A team has closed yet another deal involving a national franchise, showcasing the firm’s extensive reach and capacity to handle complex transactions.

The deal involved an asset sale and a corresponding commercial real estate sale. Our client, an owner of two independent quick lube and oil change locations in Suffolk County, sold the businesses to a national franchise of retail oil change stores. In addition to selling the businesses, our client, with locations in Medford and Mastic, also sold the real estate in a multimillion-dollar deal.

Many challenges arose as the deal headed toward the finish line, but CMM’s team, led by Donald Rassiger, adeptly worked through the issues. With the support of Paralegal Katharine Campolo, the team persevered in closing the deal, which resulted in a thrilled and relieved client.

The deal highlights CMM’s ability to help clients close difficult matters in national transactions. Contact us today for guidance on your next sale, purchase, or buyout.

CMM Managing Partner Joe Campolo, a Stony Brook University alumnus, led a virtual interview at the annual Entrepreneurs Edge on April 8, 2021. This year’s featured entrepreneur was Pablo Legorreta, Founder and Chief Executive Officer of Royalty Pharma, the largest buyer of biopharmaceutical royalties. As an experienced interviewer, Campolo asked thought-provoking questions that helped tell Legoretta’s story to inspire the students of SBU’s College of Business.

Watch the interview replay below:

Campolo Middleton & McCormick’s Mergers and Acquisitions team has successfully closed another deal, demonstrating resilience in the face of a challenging on-again/off-again transaction.

The deal involved our client, a crane company specializing in crane rentals and rigging services, as the seller in an asset purchase deal. Based on Long Island, the company has been servicing Long Island and the greater New York area for decades. The transaction was months in the making but CMM’s team – led by Vincent Costa – was able to push the multimillion-dollar deal across the finish line.

The deal demonstrates CMM’s perseverance and commitment to its clients through the firm’s ability to efficiently negotiate and close complex transactions during the pandemic. Where other firms see insurmountable challenges, CMM sees temporary bumps in the road to be negotiated and worked through. Learn more about our Mergers & Acquisitions practice and call us at (631) 738-9100 for guidance on your next sale, purchase, or restructuring.

When emotions are running high during a contentious litigation, it can be difficult for the parties living and breathing it to take a step back and decide the best path forward. A CMM client in the technology space recently found itself in that situation. Thanks to CMM’s business-focused approach, the client was empowered to see the full picture and make the best decision for the business.

Our client had sold a technology product to the plaintiff, who complained that it did not work properly; our client contended that the plaintiff had simply used it wrong despite receiving training and support. A lawsuit ensued, with an immense amount of discovery and tension to match. The parties would not budge on their versions of what happened, and it appeared that the litigation could go on indefinitely. The distance between the parties seemed to grow each day.

Sometimes litigation is a necessary and best approach to handling a dispute. Other times, expensive litigation can be avoided by a lawyer who takes the time to truly understand the issues. CMM’s David Green recognized that settling the case was in the best interest of all parties. Green was able to convince the plaintiff, as well as our client, that prolonged fighting through litigation would not benefit either side. Ultimately, the parties were able to put emotions aside and make a deal.

“Outstanding settlement! I’m very pleased with the result and thank you for keeping settlement discussions alive,” our client’s insurance adjuster shared with Green.

The plaintiff’s attorney agreed, telling Green that “Resolution is always possible with a professional on the other end.”

CMM is in the business of helping clients achieve their goals in the best way possible – not in litigating for litigation’s sake. Learn more about our litigation work here.

In a display of CMM’s expansive reach, the firm’s M&A team has completed another cross-border deal.

The deal involved a Dutch company that sold its equity interest in a California LLC that specializes in the manufacture and sale of rolled cones and tubes for the smoking industry. In addition to the sale to their business partners, the client also sold intellectual property rights to several patents and trademarks for certain smoking products that are distributed by the California entity.

The transaction was three years in the making, with numerous starts, stalls, stops, and restarts, but CMM’s team – led by Donald Rassiger with the critical support of corporate paralegal Katharine Campolo – was able to push the complicated deal over the finish line.

“Thank you for the great effort you all had and all the good work you did for the brand and the deal that took place. This is no goodbye!” the client shared following the closing.

CMM continues to push forward and embrace challenging times through hard work and positivity. The deal demonstrates the comprehensive diligence that clients expect from CMM.  Learn more about our Mergers & Acquisitions practice and call us at (631) 738-9100 for guidance on your next transaction.

Campolo, Middleton & McCormick, LLP congratulates Managing Partner Joe Campolo on being recognized as one of the 25 Most Powerful People in Long Island Law. The LIBN Power 25 Lawyer List honors dedicated, accomplished attorneys who have persevered through challenges and positively shaped Long Island by making inspiring impacts on the lives of their clients and our region.

“We found these Power 25 attorneys have a true passion for their profession, but they do more than practice law. They have compassion for their clients. They have a comprehensive knowledge of their practice areas. They identify and accomplish important goals. In fact, they have helped shape the way we live and do business. No matter how busy they are, they continue to impress LIBN with their commitment to take the time to hear the needs of people, businesses, and Long Island,” says Joe Dowd, LIBN Editor & Associate Publisher.

As Managing Partner of CMM, Joe Campolo has advised business owners, executives, and board members on legal and business strategies. Highlights of his work include negotiating complex issues to a successful resolution with the SEC, achieving settlements for international corporates and not-for-profits under investigation by state agencies, guiding business owners through business breakups, and successfully negotiating multimillion-dollar projects for real estate developers.

Campolo is recognized for his business leadership and philanthropic efforts on Long Island, most notably his involvement as Chairman of HIA-LI’s Long Island Innovation Park at Hauppauge (LI-IPH) Task Force, where he attracts critical attention and investment to the park. As immediate past chairman of HIA-LI Board of Directors, Joe Campolo fights tirelessly for the economic stimulation and growth on Long Island.