Skip to content

Patrick Degnan represents clients in corporate transactions including entity formations, mergers, acquisitions, private placements, federal and state tax matters, corporate governance, and executive compensation.

Patrick represents clients in transactions occurring throughout the life-cycle of a business. He regularly assists clients in the formation of entities with a focus on the near, mid, and long-term objectives of the business. In the initial stages of formation, Patrick assists clients in choosing entity structures, preparing corporate governance documents, and structuring founders’ equity. As businesses mature, Patrick assists clients in capital restructuring, changes to existing corporate governance structures, and executing strategic acquisitions of other companies. In the later stages of corporate existence, Patrick participates in all phases of the sale transaction, including the negotiation of purchase agreements and pre-closing restructuring.

Patrick’s extensive tax and accounting background provides a mathematically focused approach to his client’s corporate transactional issues. He analyzes and prepares financial models involved in transactions and works closely with accounting and finance teams to ensure that client’s financial objectives are reflected in the transaction’s documentation.

Education

M.B.A., DePaul University, Chicago, Illinois, 2014
J.D., University of Illinois Chicago School of Law, Chicago, Illinois, 2010
B.A., Miami University of Ohio, Oxford, Ohio, 2006

State Bar Licenses

Arizona, Illinois

Court Admissions

U.S. District Ct., N.D. of Illinois

Experience*

  • Co-authored an appellate brief in a multimillion-dollar wrongful death case, resulting in the Illinois Appellate Court upholding a $4.75 million jury verdict.
  • Represented home builder in $40 million asset sale.
  • Represented offerors in $50 million real estate joint venture with a publicly traded REIT.
  • Represented client in $70 million private equity transaction.
  • Represented non-profit healthcare provider in IRS appeals process, resulting in the elimination of more than $100 million in Affordable Care Act compliance penalties incurred over a multi-year review period.

Completed prior to joining Clark Hill.

Publications