Avoiding Oral Breach Claims Arising

Lee J. Potter, Jr. practices in the area of corporate law with a concentration on mergers and acquisitions and private equity. Mr. Potter regularly advises foreign and U.S. companies, both publicly held and private, on a wide variety of corporate and transactional matters, including mergers, acquisitions, venture capital and private equity transactions, equity and debt securities offerings, bank credit facilities, restructurings and general corporate issues. He has represented companies across a broad array of industries, including aerospace and defense, manufacturing, technology, financial services, healthcare, transportation, retail, fashion, media, insurance and energy.

Mr. Potter is a 1992 graduate, with honors, of the University of North Carolina School of Law (joint J.D./M.B.A.), where he was articles editor for the North Carolina Law Review and a member of the Order of the Coif, and a graduate of Oberlin College. He is a member of the American Bar Association and the New York State Bar Association.

Oscar David is a partner and chair of Winston & Strawn’s Mergers and Acquisitions, Securities & Corporate Governance Practice. This Practice is ranked as a “Tier 1” firm in the area of middle market M&A by Legal 500 USA and is ranked in the Chambers Guide as well for Chicago. He concentrates his practice on public and private mergers and acquisitions, corporate governance, private equity and venture capital, and corporate finance matters. He regularly advises senior executives on sensitive challenges arising in these matters. In the past decade, he has represented clients in connection with consummated transactions valued at over $60 billion. His representative clients include Motorola Solutions, Inc., Sony Electronics Inc., The Allstate Company, Infotech Enterprises Limited (based in Hyderabad, India), Sterling Capital Partners, Waud Capital Partners, CIVC Partners, Loop Capital, Hopewell Partners Venture Fund, Ports of America and Viscofan, S.A.

Mr. David has recently been active in professional speaking, as follows:

• In June, 2011 he spoke before over 50 public company general counsel as a panelist on the following topic: Three The Hard Way: Managing the General Counsel’s Legal, Fiduciary and Ethical Responsibilities
• In May, 2011, he spoke before a CFO roundtable consisting of public company CFOs on the following topic: Advance Preparation: Unsolicited Acquisition Proposals
• In December 2010, he spoke before a CFO roundtable consisting of public company CFOs on the following 2 topics: Dodd-Frank’s Impact On Non-Financial Institutions; and Recent M & A Trends
• In October, 2010 he spoke in Beijing before a group of Chinese companies and M&A professionals on the following topic: M&A in the United States for Chinese Companies
• In October, 2010, he spoke before a group of public and private company senior legal professionals on the following two topics: Is a Special Committee Appropriate when Responding to a Takeover Proposal Involving Board Members with Potential Conflicts of Interest; and Preparing your Company for Dodd Frank Whistleblower Provisions

Representative transactions

• Under his leadership, Winston & Strawn has represented Motorola Solutions in consummated transactions valued at $40 billion, including its recent $1.1 billion divesture of its wireless network infrastructure business to Nokia Siemens Networks (and associated settlement agreement with Huawei Technologies), $3.9 billion Symbol Technologies acquisition, its $300 million equity investment in Clearwire Corporation as part of an aggregate $1 billion investment by Intel Capital and investors and its $1.6 billion divestiture of its semiconductor components chip group (now known as ON Semiconductor).
• He recently represented Sony Electronics Inc. in its acquisition of Convergent Media Solutions.
• He recently represented Waud Capital Partners, which along with MetalMark Capital (an affiliate of Citigroup) made a $300 million equity and debt investment in Maxum Petroleum, a leading energy logistics company, in one of the largest 2009 private equity investments in the energy sector.

• He also has represented venture capital firms and corporate venture investors in more than two dozen venture capital financings as well as various exit transactions.

Honors and Awards

Mr. David was named by Crain’s Chicago Business to its list of “40 Under 40” rising stars in business, government, and the arts. He also was recently selected as a leading attorney by Legal 500 and as one of 15 recommended attorneys in Chicago for corporate finance, mergers and acquisitions, and joint ventures by Global Counsel 3000, which is published by the Practical Law Company. He also has been named a Illinois Super Lawyer since 2008. In 2002, he was the recipient of the Chicago Project for Violence Prevention’s Annual Corporate Service Award.

Activities

Mr. David is a member of Winston & Strawn’s Technology Committee. He serves on the board of directors of the Chicago Project for Violence Prevention as chair of its Development and Board Development Committee. He has served on the board of directors of The George Washington University Alumni Association and has been a guest lecturer at the J.L. Kellogg Graduate School of Management, Northwestern University.

Education

He received his J.D. from the University of Chicago Law School in 1987 and graduated Phi Beta Kappa from George Washington University in 1984.