| Dealmakers |
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BY JENNIFER BALDINO BONETT
It was six months before the
opening bell, and James W.
McKenzie Jr. L ’87, WG ’87,
was running. He had until
June 30, 2003, to orchestrate
a grande dame of IPOs
for American Financial Realty
Trust in a high-pressure,
increasingly regulated environment.
And AFRT needed
the proceeds from the IPO
to fund the purchase of no
fewer than 158 properties
across the country — also by
June 30.
McKenzie ran every day from Philadelphia’s Morgan, Lewis &
Bockius LLP, where he is a partner in the business transactions
practice, to AFRT’s local headquarters, working out a new governance
structure, hammering out disclosure documents, studying
developing regulations by the SEC and NYSE, and advising
the board. He ran during the Super Bowl — back and forth
from the television to the telephone for a conference call with
the investment bankers. And he ran from his Philadelphia home
by the Art Museum to his Center City office in a President’s Day
blizzard to complete a set of documents. (Actually he walked in
the snowstorm, but quickly.) Fortunately, McKenzie, who ran
the streets of West Philadelphia in his days at Penn Law, is now
a triathlete.
That’s an apropos pastime for a dealmaker. McKenzie, named
a “Dealmaker of the Year” and the “Lead Issuer-Side Counsel
for IPOs” by The American Lawyer in April, joins fellow Penn
Law alumni as leaders in the fast-paced, high-stakes world of
finance and M&A. He also belongs to the cadre of alumni who
discovered the thrill of corporate dealmaking at Penn Law.
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