Mr. Jacob’s practice is primarily focused on corporate governance, business transactions, and real estate transactions, with an especial focus on the formation, operation, and restructuring of business entities. To that end Mr. Jacobs has experience in handling matters relating to corporate formation, equity financing, commercial transactions, and general advisory work.
Mr. Jacobs also works closely with clients in negotiating, drafting, and evaluating all aspects of real estate transactions, including the leasing, purchase, and sale of single and/or multi-tenant office, warehouse, and industrial spaces.
Prior to joining The Opus Law Firm, Mr. Jacobs served as a corporate associate at a prominent boutique Philadelphia law firm where he worked primarily with start-ups and closely held businesses. In that capacity he worked closely with clients in the negotiation, evaluation, and drafting of corporate bylaws, certificates of incorporation, shareholders agreements, limited liability company agreements, intellectual property assignments, SAFE instruments, preferred stock proposals, convertible notes, restricted and/or phantom stock proposals, and incentive compensation plans.
Mr. Jacobs serves as counsel to companies from a variety of industries, including those in the commercial real estate, maritime, energy, and technology sectors, and at all stages of development, from the start-up to the established company. He has a particular affinity for assisting start-ups navigate early-stage formation, including initial seed capital raises and Series A financing.
While Mr. Jacobs represents clients on matters nation-wide, he has particular expertise in assisting clients in navigating Delaware law, including the Delaware General Corporate Law (“DGCL”), the Delaware Revised Uniform Partnership Act (“DRUPA”), and the Delaware Limited Liability Company Act (“DLLCA”).
Representative Matters:
- Represented a liquified natural gas (“LNG”) company from early stage formation through to multi-million dollar investment from large industrial equity investors.
- Represented landlord in the negotiation and drafting of lease of 40,000+ sq. ft. industrial property by high-technology manufacturer tenant with certain unique space requirements, with the value of the deal worth in excess of $3.5mm over the term of the lease.
- Represented a technology start-up in connection with formation and initial seed investment round. Drafted subscription agreements, bylaws, shareholder’s agreement, related board resolutions and shareholder’s consents, and intellectual property assignments. Drafted amended certificate of incorporation to ensure unique provisions complied with the DGCL.
- Represented a medical-technology start-up in early stage formation, including drafting initial operating agreement, founder’s agreement, and intellectual property assignments. Assist client in evaluating early-stage financing, including possible $10mm+ equity financing opportunity.
- Represented a start-up culinary company in connection with proposed investment by accelerator. Reviewed draft subscription agreement, intellectual property assignment, and preferred share conversion proposal. Advised client that, as drafted, the agreement would deprive client of majority control with minimal obligation from accelerator. Client declined investment and embarked on a more profitable course of action.
- Represented a logistics company in connection with the transportation of sensitive cargo for the United States Government. Drafted freight forward agreement and shipping charter for transportation of this cargo, valued at $16bn+, one of the largest single transportation contracts in history, involving highly specialized concerns and issues.
Bar Admissions:
- Delaware, 2018
- Pennsylvania, 2018
Education:
- Villanova University Charles Widger School of Law
Associations:
- San Diego County Bar Association
- Delaware Bar Association
- Pennsylvania Bar Association
- Board Member, Jewish National Fund (Future Program)