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Verrill

Mark K. Googins

Mark K. Googins

Partner

Verrill
Maine, U.S.A.

tel: (207) 774 4000
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Local Time: Tue. 03:35

Profile

Mark has concentrated his practice in the areas of commercial finance and commercial transactions for the past 35 years. He counsels clients in mergers and acquisitions, in complex commercial negotiations, and in a wide variety of lending transactions including equipment leasing, leveraged buyouts, and sale-leasebacks.

Mark is co-author of the Maine Commercial Lending Handbook (Tower Publishing, 2011). He is a member of the American Bar Association, the New York State Bar Association, and the Maine State Bar Association. Before joining Verrill, Mark practiced at Milbank, Tweed, Hadley & McCloy in New York.

Among the more notable merger and acquisition transactions for which Mark has served as lead counsel are the acquisition of the Supply Chain Operations Division of Vitran Corporation by Legacy Supply Chain Services, the acquisition of the assets of the Hathaway Shirt Division from WARNACO on behalf of an investor group led by former Governor John R. McKernan, Jr., the sale of one of the country's top health care consulting groups, the sale of one of the country's leading hydropower consulting groups, the acquisition of the assets of a cellular telephone company, the development and eventual merger of the Fresh Samantha juice company, and the sale of the U.S. and Canadian electric generating assets of a Maine-based public utility.

Mark frequently acts as local counsel in mergers and acquisitions. He has served as local counsel in the negotiation of the acquisition of a major hydroelectric facility, the acquisition of a pulp mill and related energy assets, the acquisition of a home health care business, and the sale of an educational institution.

Mark also serves as primary outside legal counsel to a number of small and midsize businesses that do not have in-house counsel. These businesses are in a wide variety of fields including manufacturing, payroll processing, trucking, garden products, scrap metal recycling, design and marketing, publishing, software, food distribution, and alternative energy.

Commercial Lending

Mark also represents lenders and borrowers in commercial loan transactions. These transactions have included representation of:

  • the borrower in the acquisition of more than 300,000 acres of timberland
  • the borrower in the financing for a major forest products enterprise
  • the borrower in the refinancing of an owner-occupied medical office building
  • the lender in an equipment lease financing
  • the lender to a regulated public utility
  • the lender in a syndicated line of credit and term loan facility for a distributorship business

He has negotiated numerous workout agreements, on behalf of lenders and borrowers, in the context of non-performing and troubled loans.

Mark handles complex commercial negotiations and has negotiated environmental risk transfer agreements, marketing services agreements, and interim management agreements. Mark worked closely with the Penobscot River Restoration Trust in the negotiation and implementation of the Lower Penobscot River Option Agreement, the first transaction of its kind in the U.S. The Option Agreement allowed the Trust to acquire three hydroelectric facilities on the Penobscot River as part of a complex multi-party arrangement.

Bar Admissions

  • New York
  • Maine

Education

  • New York University School of Law  (J.D.)
    • Articles Editor, Annual Survey of American Law, 1981-1982
  • Tufts University  (B.A.)
Areas of Practice
Professional Career

Professional Activities and Experience

Accolades
  • Recognized as a Lawdragon 3000 Leading Lawyer by Lawdragon magazine
  • M&A Advisor Retail Manufacturing/Distribution Sector Deal of the Year 2013
  • M&A Advisor International Deal of the Year 2013 ($75-$100 million)
  • AV® rated by Martindale-Hubbell
  • Recognized in Chambers USA: America's Leading Lawyers for Business under Corporate/M&A as a "Star Individual"
  • Named the Best Lawyers® 2013, 2016 and 2020 Banking and Finance Law "Lawyer of the Year" in Portland, Maine
  • Named the Best Lawyers® 2014 and 2018 Corporate Law "Lawyer of the Year" in Portland, Maine
  • Named the Best Lawyers® 2011 Mergers & Acquisitions "Lawyer of the Year" in Portland, Maine
  • Named the Best Lawyers® 2009 Maine Banking "Lawyer of the Year" in Portland, Maine
  • Listed in The Best Lawyers in America© for Banking and Finance Law, Corporate Law, Mergers and Acquisitions Law in Portland, Maine
  • Selected by peers for inclusion in New England Super Lawyers© under Business/Corporate, Banking and Utilities

To learn more about third-party ratings and rankings, and the selection processes used for inclusion, click here.


Blogs

Energy Law Update
Verrill 

Energy Law Update is a source of news and analysis relevant to the world of energy law: major court and regulatory orders, event announcements, breaking news in the world of renewable energy, and novel legal issues. The blog is edited by Katie Gray and Nora Healy, and features contributions from...

Law of the Land (and air and water)
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If the legal issue involves land, air, water, waste, wind, wildlife, trees, or anything else in the natural world, the attorneys in Verrill Dana’s Environmental Law Group have it covered. Seasoned by decades of experience, our legal team recognizes that one of the few constants in our field is...

Lawyers on Tap
Verrill 

The attorneys of Verrill Dana’s Breweries, Distilleries & Wineries Group are here to help your business navigate the complex world of craft beverage production. Our attorneys have the experience necessary to tackle the legal issues and allow you and your company to focus on doing what it does best,...

You Might Be a Winner
Verrill 

Promotion marketing law covers many different topics, such as sweepstakes, contests, games, giveaways and coupons. It also includes cause marketing, an area that has proliferated in recent years, which includes commercial co-ventures, flat donations and sponsorships designed to raise money for...

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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