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Lowenstein Sandler LLP

Steven B. Fuerst

Steven B. Fuerst

Of Counsel

Lowenstein Sandler LLP
New Jersey, U.S.A.

tel: 973.597.2360
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Local Time: Sun. 09:37

Profile

Steven brings substantial experience as a general counsel and business advisor representing closely held business organizations and their owners to his work in a wide array of industries, including manufacturing, pharmaceuticals, health care, environmental consulting, professional services firms, real estate, telecommunications, wholesale distribution, and retail sales. He is particularly well-versed in mergers and acquisitions and in business divorces. His efforts have included the disposition of assets in many U.S. states as well as numerous countries, including India, China, and Egypt.

Formerly Chair of Lowenstein Sandler's Real Estate Practice Group, Steven has an extensive understanding of real estate development, financing, leasing, conveyancing, foreclosure, and receiverships. He also has an interest in public-private partnerships.

Bar Admissions

    New York
    New Jersey
    District of Columbia

Education

University of Pennsylvania Law School (J.D. 1970)
Wharton School of Finance and Business (B.S. 1967), honors in Economics
Areas of Practice
Professional Career

Significant Accomplishments

Represented management in the corporate restructuring of a multinational company wherein the interests of the preferred stockholders was converted to common stock and additional stock issued to management to effectuate a change of control and effective management takeover of the corporation.

Represented a minority stockholder, who was also the corporate president, in extricating himself from the corporation and in establishing a related business.

Represented an international entity in the disposition of United States real estate interests and the resolution of stock ownership of an Egyptian corporation.

Represented 50 percent owner of a limited liability company in taking control of the company and buying out co-owner.

Represented LifeCell Corporation in its $1.7 billion sale to Kinetic Concepts Inc.

Represented a contract purchaser in a dispute with the owner and existing tenant in conjunction with the purchase of the U.S. headquarters of a multinational corporation.

Represented a majority owner of an investment company in conjunction with redemption of minority interests.

Represented a retail corporation in a shareholder dispute brought by a minority shareholder that led to the buyout of plaintiff.

Represented a corporation in the alternative energy business in conjunction with a shareholder dispute.

Represented the shareholder of a real estate corporation who, in conjunction with other shareholders composing majority ownership, was a defendant in an oppressed shareholder action.

Represented the principal owner of a sports team in buyout of minority owner.

For one of New Jersey's largest telecommunications companies, obtained approval for a master site plan of more than 2 million square feet of office space customized for telecommunications uses. For the same client, handled the sale/leaseback of a several-million-square-foot office complex in conjunction with the sale of a major telecommunications business.

Represented a minor league baseball team in the development and negotiation of a public-private partnership for the lease and construction of a baseball facility.

Represented a tenant in conjunction with the leasing and fit-up of a major telecommunications facility.

Represented a condominium developer on a major project for which we provided counsel with respect to approvals, a dispute with the County Planning Board, and complex transportation issues.

Represented Jersey City Medical Center on a ground lease and partial leaseback of a medical office building.



Professional Associations

President, Somerset County Park Commission - led a complete revision of real estate and employment policies and procedures in 2007 and 2008 (2007-2014)Appointee, Supreme Court of New Jersey District Ethics Committee (2006-2010)President, Somerset County Coalition on Affordable Housing (1989-2000)Chair, Shared Services Committee, Somerset Alliance for the Future (1996 to 1998); Treasurer (1997-1998)Former president of the Somerset County Bar Association (1983-1984)Former president and member of the Board of Trustees, Central New Jersey Jewish Home for the AgedFounding Board Member, Somerset County Special OlympicsMajor, USARAssistant Deputy Public Defender of the State of New Jersey (1975-1977)


Professional Activities and Experience

Accolades
  • The Best Lawyers in America (2018) - Fuerst
  • New Jersey Super Lawyers (2012-2018) - Fuerst

Blogs

Capital Markets Litigation
Lowenstein Sandler LLP 

Litigation News for the Global Financial Community

Articles

    10 Mistakes to Avoid in Selling Your Business, February 1999
    Am I Handcuffed to My Business Partner?, March 23, 2009
    Earn-Outs: Bridge the Gap, With Caution, June 2009
    New Law Effective August 1, 2006 Will Impose 1% Tax on Purchasers of Commercial Real Property Valued in Excess of $1,000,000, July 8, 2006
    Recent Court Decisions Limits Powers of Local Land Authorities, April 20, 2009

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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