Cozen O’Connor: Salimbene, Eileen T.

Eileen's practice focuses primarily on mergers and acquisitions, corporate finance transactions, and securities matters. Eileen has assisted clients with structuring and negotiating business combinations, including mergers, asset and stock sales, and acquisitions. She also advises clients in the areas of federal and state securities laws compliance, commercial contracts, and corporate governance.

Eileen earned her undergraduate degree, summa cum laude, from the Pennsylvania State University, Schreyer’s Honors College. She earned her law degree, magna cum laude, from Villanova University School of Law, where she was associate editor of the Villanova Law Review, a member of the Order of the Coif, and was awarded the Herman J. Obert Award for Highest Grade in Corporations, the West Outstanding Scholastic Achievement Award, the Dean’s Merit Scholarship, and the E. Wallace Chadwick Memorial Scholarship.

Experience

News

Cozen O’Connor Advises Utz Brands, Inc. on Definitive Agreement to Sell Three Manufacturing Facilities and Good Health® and R.W. Garcia® Brands

January 31, 2024

The total consideration for the transactions is $182.5 million, subject to customary adjustments. The transactions are expected to close on February 5, 2024, subject to the satisfaction of certain closing conditions.

Potato Chip Giant Utz Quality Foods To Buy Golden Enterprises for $135M

July 21, 2016

Cozen O’Connor attorneys represent Pennsylvania-based Utz Quality Foods Inc. in its recently announced $135 million acquisition of Golden Enterprises Inc.

Publications

Delaware LLC Act Amended to Confirm Fiduciary Duties Exist Absent Express Agreement to the Contrary [Corporate Alert]

August 19, 2013

Effective August 1, 2013, Section 18-1104 of the Delaware Limited Liability Company Act (the Act) was amended to confirm that, absent a provision in the limited liability company agreement to the contrary, the managers and controlling members of a limited liability company owe the fiduciary duties of care and loyalty to the limited liability company and its members.

SEC Addresses Extraordinary Volatility in Stock Market [Securities Offerings and Regulation Alert!]

July 16, 2012

SEC Addresses Extraordinary Volatility in Stock Market - Securities Offerings and Regulation Alert! - On June 1, 2012, the Securities and Exchange Commission (SEC) announced two new initiatives to address extraordinary volatility both in individual stocks and the stock market as a
whole. The initiatives were submitted by the Financial Industry Regulatory Authority (FINRA) after the stock market drastically dropped in a matter of minutes and the existing rules failed to
stop the plunge.

The JOBS ACT: SEC Guidance on the Changes to the Registration and Deregistration Requirements under the Exchange Act [Securities Alert]

July 02, 2012

The JOBS ACT: SEC Guidance on the Changes to the Registration and Deregistration Requirements under the Exchange Act - Securities Alert - H.R. 3606, also known as the Jumpstart Our Business Startups Act (JOBS Act), was signed into law on April 5, 2012.

The JOBS Act: SEC Guidance on the Confidential Submission Process [Securities Alert]

May 10, 2012

The JOBS Act: SEC Guidance on the Confidential Submission Process - Securities Alert - H.R. 3606, also known as the Jumpstart Our Business Startups Act (JOBS Act), was signed into law on April 5, 2012. Since its enactment, the Division of Corporate Finance (the Division) of the Securities and Exchange Commission (the Commission) has provided guidance on the implementation and application of the JOBS Act in light of its existing rules, regulations and procedures.

JOBS Act Becomes Law and SEC Issues Guidance: The JOBS Act Reforms the Regulatory Scheme Governing the Offering of Securities [Securities Offerings and Regulation Alert!]

April 13, 2012

JOBS Act Becomes Law and SEC Issues Guidance: The JOBS Act Reforms the Regulatory Scheme Governing the Offering of Securities - Securities Offerings and Regulation Alert! - The Jumpstart Our Business Startups Act, or JOBS Act, was enacted on April 5, 2012. The JOBS Act was a legislative response to the sharp decline in public offerings during the last decade. It is intended to reform the private and public offering process to ease the regulatory burdens on smaller companies and facilitate capital formation.

Eileen T. Salimbene