Mike Clare is a mid-level associate in the Firm’s maritime practice group, focusing specifically on commercial and finance transactions working with companies in all sectors of the maritime industry.
Mike has been deeply involved in negotiating and structuring transactions under U.S. and foreign laws in maritime and non-maritime contexts with significant experience in various aspects of project finance, representing lenders, borrowers, and underwriters in secured financing transactions, such as:
- debt financing, leveraged lending, asset based lending, and acquisition finance;
- lease financing transactions involving ships;
- various types of maritime industry related government credit-enhancement programs, including: the Title XI Federal Ship Financing Program, the Construction Reserve Fund and Capital Construction Fund programs;
- vessel construction contracts, charters (bareboat, time and voyage charters) and contracts of affreightment, and joint ventures; and
- restructuring and workout transactions involving vessel owners and operators.
Mike also has significant experience in various corporate governance matters.
While in law school, Mike worked as a research assistant for Professor William Kovacic, Global Competition Professor of Law and Policy and former chair of the Federal Trade Commission; he was a summer associate with the Firm during his second summer; and spent his first year summer serving under the Honorable Chief Special Master Patricia Campbell-Smith of the U.S. Court of Federal Claims, National Vaccine Injury Compensation Program. Mike also served on The Public Contract Law Journal and was a Thurgood Marshall Scholar.