Michael M. Sherman

Member

Philadelphia

(215) 665-2155

(215) 665-2013

Michael M. Sherman practices in the Corporate Law practice group concentrating his practice in mergers and acquisitions and commercial finance. He has represented clients in multibillion-dollar acquisition transactions and has represented banks, other lenders, borrowers and issuers in commercial lending transactions in matters involving financings ranging up to $1.5 billion.

Michael has given seminars in various aspects of the commercial lending field to loan officers and has participated in Pennsylvania Bar Association seminars for lawyers relating to the Uniform Commercial Code. He has moderated seminars on Equity Financing Alternatives sponsored by the Wharton School's Small Business Development Center and was also the Pennsylvania reporter for State Limited Partnership Laws, published by Aspen Law & Business. He is a member of the American and Pennsylvania Bar Associations and the Business Law and Commercial Finance Sections of the American Bar Association.

Michael earned his undergraduate degree, cum laude, from the University of Pennsylvania and his law degree, cum laude, from Harvard Law School.

News

Cozen O’Connor Serves as Lead Counsel in Independence Realty Trust’s $300 Million Unsecured Credit Facility Financing

May 04, 2017

The national real estate practice of Cozen O'Connor represented Independence Realty Operating Partnership, LP and Independence Realty Trust, Inc. in the consummation of a new $300 million unsecured credit facility.

Cozen O’Connor Attorneys Named 2009 Pennsylvania Super Lawyers By Law & Politics

May 28, 2009

Cozen O’Connor is proud to announce that 52 attorneys from the firm’s Philadelphia and West Conshohocken offices have been named 2009 Pennsylvania Super Lawyers by Law & Politics, and will appear in the June 2009 issues of Philadelphia magazine and Pennsylvania Super Lawyers.

Publications

Benefit Corporations - A New Type of Corporation - Are Now Authorized in Pennsylvania [Business Law Alert]

March 14, 2013

On January 23, 2013, the Pennsylvania Benefit Corporation Act (the Act) became effective. The Act authorizes a new type of for-profit business corporation known as a benefit corporation. Pennsylvania is now one of 12 states that have passed laws creating benefit corporations.

3d Circuit Permits Pennsylvania Minority Shareholder to Sue Majority Shareholders for Breach of Fiduciary Duty After Completion of Cash-Out Merger [Corporate Alert!]

September 26, 2011

3d Circuit Permits Pennsylvania Minority Shareholder to Sue Majority Shareholders for Breach of Fiduciary Duty After Completion of Cash-Out Merger - Corporate Alert! - In August, 2011, the U.S. 3d Circuit Court of Appeals held that the fact that the Pennsylvania Business Corporation Law gives appraisal rights to minority shareholders “squeezed out” by a merger does not preclude other remedies, including a breach of fiduciary duty claim. In so doing, the 3d Circuit overruled the lower court, which had dismissed the fiduciary duty claim of a minority shareholder (Mitchell) on the basis that appraisal rights are the exclusive remedy

Fall 2010 [Business Law Observer]

November 23, 2010

Fall 2010 - Business Law Observer - Since our Spring 2010 Observer was published, significant new legislation has been enacted
by Congress, affecting tax planning and securities transactions, among other areas. We have summarized two of the new acts, in addition to a review of existing legislation as it affects doing business abroad. Imbedded in the Health Care Act is a new provision in the Internal Revenue Code, codifying the “economic substance doctrine.”

Education

  • Harvard Law School, J.D., cum laude, 1969
  • University of Pennsylvania, B.A., cum laude, 1966
  • Pennsylvania
  • American Bar Association
  • Pennsylvania Bar Association
  • Philadelphia Bar Association