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James B. McLaren, Jr.

Partner
Transactions and Corporate Advisory Services Practice Group Leader
Transactions
  • P 901.524.5277
    F 901.524.5419

James McLaren joined Adams and Reese in 2006 to help form the Memphis office. He is currently one of the firm’s Transactions and Corporate Advisory Services Practice Group Leaders.

He provides transactional counsel primarily for middle market M&A and finance transactions as well as transaction counsel in connection with project finance, generally involving economic development incentives. He also serves as outside general counsel for a number of entities, many of which he has represented for more than 20 years.

James has served as outside general counsel for the Downtown Memphis Commission, the downtown development authority for Memphis, for more than 25 years. In this role, he has supported the revitalization of downtown Memphis through planning and implementation of redevelopment initiatives such as tax incentives, tax increment financing, public-private partnerships, project development, land assembly and transactions involving historic tax credits.

His other significant contributions include:

  • Representing commercial lenders and borrowers in connection with lending facilities
  • Representing business and industry in establishing and expanding industrial and commercial operations including land assembly, project finance, state and local government incentives and public-private partnerships
  • Representing issuers and borrowers in taxable and tax exempt bond issues including serving as issuer’s counsel, bond counsel and borrower’s counsel in connection with low-income housing projects, health care facilities, infrastructure, industrial facilities and sports facilities
  • Negotiating commercial real estate developments including property acquisition, financing and construction  

His representative transactions include:

  • Represented borrower in $84 million senior lending facility from private equity lender collateralized in part with economic incentives and intellectual property (Tourism and Entertainment Industry)
  • Represented purchaser in a $120 million strategic acquisition through reverse triangular merger financed in part by a $50 million private equity funded mezzanine credit facility and two syndicated credit facilities (Biotech and Household Cleaning Industry)
  • Represented lender in creation of a $45 million term and revolving lending facility to a private equity-sponsored borrower (Specialty Manufacturing Industry)
  • Represented issuer in a $24 million public debt offering to refinance sports stadium (Sports Industry)
  • Represented borrower in $40 million lending facility collateralized in part by economic incentives (Tourism and Entertainment Industry)
  • Represented developer in negotiation of incentives for $120 million development of an outlet mall (Retail Industry)
  • Represented borrower in a $90 million syndicated credit facility (Biotech and Household Cleaning Industry)
  • Represented borrower in a $35 million syndicated lending credit facility (Biotech Industry)
  • Represented purchaser in $19 million strategic product line acquisition (Household Cleaning Industry)
  • Represented issuer in a series of financings to provide governmental incentives for adaptive reuse of 1.4 million square-foot warehouse facility (Commercial Real Estate)
  • Represented purchaser in $6.4 million strategic acquisition of product line (Chemical Industry)
  • Represented purchaser in $6 million strategic equity acquisition (Household Cleaning Industry)
  • Represented borrower in procuring $110 million syndicated lending facility (Chemical and Household Product Industry)
  • Represented borrower in $40 million public debt offering (Elder Care Industry)
  • Represented borrower in $35 million syndicated lending credit facility (Biotech Industry)
  • Represented borrower in $50 million mezzanine credit facility (Biotech Industry)
  • Represented lender in $33 million term and revolving lending facility (Mid-Stream Energy)
  • Represented issuer in $196 million public debt offering for financing of adaptive reuse of a sports facility (Retail and Entertainment)
  • Represented borrower in $12 million private tax exempt debt offering (Elder Care)

James believes in a careful focus on the details of every transaction, but most importantly, prioritizing the major issues of a transaction that can cost clients money in the short or long run.