| Scott MacCormack focuses his practice on business transactions, mergers and acquisitions, project development and finance for medium to large enterprises. Scott serves as principal outside counsel to several Northwest-based businesses. He has significant experience in project finance and project development for energy, infrastructure and maritime projects. His experience includes: debt and equity security offerings; borrower representation in large syndicated credit facilities; acquisitions and mergers involving financial institutions and other regulated businesses; planning and structuring real estate acquisitions/dispositions of property portfolios; and providing general corporate and business advice to commercial ventures. Selected Experience Negotiation and documentation of a $500,000,000 demand credit facility, with revolving and term loan borrowing and letter of credit facilities, to fund operations of commercial fishing company. (Ongoing) Negotiation and documentation of a $320 million demand credit facility, with revolving and term loan borrowing and letter of credit facilities, to fund operations of regulated electric and gas utility. (Ongoing) Representation of large dairy cooperative in connection with the negotiation and documentation of its financial derivative hedging programs. (Ongoing) Representing project developer in the development and sale of power from a 120 MW geothermal project located near Bend, Ore. (Ongoing) Outside legal counsel to American Seafoods, a large integrated commercial fishing company involved in operations in the Bering Sea/Alaska, Massachusetts and Alabama, providing counsel on matters of corporate governance, commercial finance, vessel acquisition and finance, and labor/employment. (Ongoing) Outside legal counsel to Avista, a large regulated electric and gas utility involved in the production, transmission and distribution of energy and other energy-related businesses, including regulated electric and natural gas utilities in the Pacific Northwest. (Ongoing) Outside legal counsel to Summit Power Group, an independent developer of power generation facilities, including traditional thermal power plants (coal and natural gas), wind power facilities, and developing clean energy technologies (solar, gasified coal). (Ongoing) Negotiation and documentation of engineering, procurement and construction contracts for electricity generating projects in Washington, Oregon, Idaho, and Texas. (Ongoing) Tender offer to purchase $251 million outstanding senior discount notes. (2010) Issuance and sale of $125 million in senior notes and 125 million warrants to purchase common stock. (2010) $475 million five-year senior secured credit facility with revolving and term loan facilities. (2010) Issuance and sale of $275 million senior subordinate notes. (2010) Redemption of $44.3 million of preferred limited partnership interests. (2010) Redemption of $100.3 million of preferred limited partnership interests in exchange for distribution of assets including four fishing vessels and related commercial fishing rights. (2010) Representation of developer of a 400 MW IGCC (coal gasification with carbon capture) power plant near Odessa, Texas; a $1.5 billion greenfield power project funded in part with a significant DOE demonstration stimulus grant. (2010) Additional Qualifications Professional and Community Activities
- Board of Trustees, ArtsFund
- Urban Environment Committee, Downtown Seattle Association
- Business Law, Real Property, Probate and Trust Sections, Washington State Bar Association
- Chair, Legal Opinions Committee, Washington State Bar Association
- UCC Committee, Washington State Bar Association
- Association Advisory Board, ABA Working Group on Legal Opinions
- Executive Editor, Washington State Bar Deskbook on Partnership Law
- Editor, Washington State Bar Deskbook on UCC Revised Article 9
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Education J.D., Georgetown University Law Center, 1992, magna cum laude B.A., Columbia University, 1989 * Denotes experience completed at a prior firm | |