Jack A. Siebers

Practice Details

• Payment Information
  Payment & Cost Features

  Fixed hourly rates
  Fixed fees available
  
• Firm Information
  Position

  Senior Shareholder

  Firm Name

  Foster, Swift, Collins & Smith, P.C.
• Representative Cases & Transactions
  Cases

  Representative Matters: In addition to corporations in a variety of businesses, Jack has incorporated a number of insurance companies
  assisted with their licensing in many states.
  Fremont Mutual Insurance Co. retained Jack to convert it to a stock company, which became Fremont Insurance Company. He represented the company in the sale of surplus notes to raise capital
  later, through its holding company, in its initial public offering of its stock. In 2010, he advised the company in fending off a hostile takeover attempt, which included the successful enactment of a special state law aimed at preserving the company's independence. In 2011, he represented the company in its non-hostile sale to Auto Club Insurance Association for $70 million.
  Since 1998, Jack has served as borrower's counsel to a health care organization in the issuance of $160 million of initial
  refunding tax exempt bonds, including the issuance of $50 million in 2012.
  In 2011, a bank retained Jack to represent it in providing a $23 million finance facility, which included an SBA loan for $5 million
  a USDA loan for $5 million
  collateral in various locations within
  outside of Michigan.
  Jack has advised a corporate borrower with a dozen interest rate swap derivative transactions with Lehman Brothers (including guiding the client through the Lehman bankruptcy), Morgan Stanley, Wachovia Bank
  Wells Fargo Bank.
  A nonprofit hospital retained Jack to design
  implement a corporate reorganization that took it from a single hospital entity to a modern structure involving a tax exempt parent corporation, a foundation
  several specialty tax exempt health care provider corporations.
  A family business retained Jack to assist it with a charitable contribution of an S corporation to a public foundation. Immediately prior to the contribution transaction, the owner made a non-qualified transfer of stock resulting in the deliberate loss of its S corporation status so as to allow the contribution.
  Jack represented the owner of 200 acres of l
  in developing Centennial Office Park in Gr
  Rapids. The park includes over a dozen office buildings, a hotel, an athletic club, four residential condominium developments
  a golf course.
  A group of physicians retained Jack to represent them in the acquisition, zoning, financing, syndication, construction, leasing
  ultimate sale of a medical office complex which was sold for $23 million.
  A manufacturer of specialty trucks engaged Jack to represent it in the acquisition of two manufacturing plants in other states.