Ronald William Frank
|Pittsburgh, PA||v. +1.412.932.2810||f. +1.412.774.6370|
Ron Frank concentrates his corporate practice on managing large, complicated financial projects for his clients. He has extensive experience in corporate finance and international transactions, and has advised domestic and international clients on the structuring and financing of joint ventures, mergers and acquisitions, privatization transactions, the development of distribution networks, and the negotiation of sales agency, distribution, and licensing agreements.
With regard to his international practice, he has developed strong relationships with foreign counsel in many countries, and frequently assists clients in gaining effective local representation.
Mr. Frank has represented clients in internal investigations of employee crimes, and with respect to investigating SEC compliance matters. He has structured general partnerships, limited partnerships, and limited liability companies. In the energy area, he has:
- served as the general partner of oil and gas drilling programs, all of which were successfully funded, completed, and operated;
- served as counsel to the organizers of numerous oil and gas drilling programs throughout the United States, assisting in the structuring of the investing partnerships and the negotiation of the transaction documents;
- represented buyers and sellers of oil and gas interests in equity and cash roll-up transactions; and
- represented a large gas utility in the bidding for gas local distribution companies being privatized in Argentina, and represented such utility's energy subsidiary in gas exploration and development transactions in Europe.
In connection with his energy practice, Mr. Frank has also prepared standard form agreements for the purchase and sale of natural gas and electric energy for a large energy trading company.
Mr. Frank served as the founder and managing director of Morgan Franklin & Co. and B. I. Europa, GmbH, investment banking and consulting firms located in Pittsburgh and Frankfurt, Germany, respectively. He also served from 1993 until 2013 as corporate secretary of Akers National Roll Company, and as a director of SinterMet LLC (a subsidiary of Hitachi Metals America).
During law school, Mr. Frank served on the editorial board of the Duke Law Journal.
Mr. Frank served as president of the CMU Student Chapter of the American Institute of Chemical Engineers.
- Represents a Luxembourg holding company that is developing an automotive manufacturing facility in Italy utilizing innovative automotive technology developed in the United States.
- Represents a Luxembourg holding company that is assisting in the capital restructuring of Italian companies.
- Represents an Italian nanotechnology company in the coatings sector that was domesticated as a Delaware corporation in 2016. Such company is exploring financing in the United States.
- Represents a transformational optical networking company that has substantial government contracts and is exploring financing opportunities.
- Represented a Pennsylvania corporation in winning the public auction by the Slovenian government of a large company that supplies products used in the welding industry. The transaction closed in December 2015.
- Represented 30 entities from 2001 through 2013 that sought protection under chapter 11 of the U.S. Bankruptcy Laws because of asbestos-related liabilities. Such liabilities were resolved in 2013 utilizing trusts established pursuant to the federal bankruptcy laws. He also represented such companies in their corporate reorganization, which was consummated in December 2015.
- Represents a manufacturer of waste coal electric generation plants, a manufacturer of coal to liquids plants, cogeneration, waste-to-energy, hydroelectric power generation, and oil and gas exploration, development, transportation, and distribution transactions, and has represented such clients in the financing of such transactions, and in the sale of the completed projects.
- Served as counsel to a multi-basin oil and gas E&P company, including recently working on the listing of its securities on AIM in London.
- Represents a U.S. company specializing in defense matters in the establishment of a joint venture in Turkey.
- Represents an Irish automotive component supplier in its establishment of a manufacturing facility in Tennessee.
- Served in 2012 as legal counsel to a large multinational oil and gas company in its acquisition of two Western Pennsylvania companies with significant Marcellus Shale assets; the cash consideration for the transaction was $1.7 billion.
- Represented domestic and foreign technology companies, and currently represents those that (i) develop educational software products that are used via the Internet, (ii) develop tools that make computer systems operate more efficiently, (iii) develop Internet-based policy management software, and (iv) develop software products used in the maintenance of complex systems; he has also represented such companies in their efforts to raise capital, and venture capital firms that invest in such companies.
- Represented a software company that developed policy management software from its incorporation in 2001 through its sale to a public company in 2003.
- Represented a European manufacturer of steel-making equipment in the acquisition of two service companies to the steel industry in 2002; one such transaction was the pre-packaged purchase of assets of a company under chapter 11 protection, and the other was a joint venture with a domestic service company.
- Served as legal counsel to a large utility, E&P company, and gas transmission company in its sale to a larger utility—the consideration was $6.9 billion; in addition, represented the combined companies in divesting their energy marketing subsidiary and equity interests in energy assets in Argentina (two LDCs and an electric power generation company) and in Australia (Australia's largest gas transmission pipeline system).
COMMUNITY SERVICE & AFFILIATIONS
Mr. Frank serves as a member of various legal associations, including the International Bar Association; Allegheny County Bar Association; American Bar Association (serving on the Committee on the Federal Regulation of Securities and the International Law Section); and the Pennsylvania Bar Association (serving as chairman of the International and Comparative Law Section).
He also serves as a member of various educational boards and councils, including Carnegie Mellon University’s Advisory Council of the College of Engineering and Science, and president of the CMU Law Advisory Network; the British-American Connections Pittsburgh’s Board of Directors, of which he previously served as chairman; Duke Law School’s Board of Visitors; and the University of Pittsburgh’s Center for International Legal Education. He also serves as a trustee of the McCormick Theological Seminary in Chicago.
- 2014-2015, "Who's Who in Energy,” listed in Pittsburgh Business Times
- 2006-2016, International Trade and Finance Law and Mergers & Acquisitions Law, listed in Best Lawyers in America©
- 2012, Pittsburgh "Lawyer of the Year" for Mergers & Acquisitions Law, listed in Best Lawyers in America©
- 2013 & 2015, Pittsburgh "Lawyer of the Year" for International Trade and Finance Law, listed in Best Lawyers in America©
- 2004-2008, listed in Pennsylvania's Super Lawyers
- Listed in Marquis' Who's Who in America, Who's Who in the World, Who's Who in Finance and Industry, and Who's Who in American Law
A description of the standard or methodology on which the accolades are based can be found here.