Photo of Michael A. Nemeroff

Michael A. Nemeroff is President and CEO of Vedder Price and Chairman of the Finance & Transactions group. He is also a member of the Executive Committee of the firm’s Board of Directors. He is active in charitable and civic affairs as a Trustee of the Chicago History Museum, a member of the Executive Committee and Board of the Chicago Children’s Choir and a member of the Board of The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California. In addition, Mr. Nemeroff is one of two legal advisors to the G100, an elite international organization of leading Chief Executive Officers from Fortune 500 publicly traded corporations who meet regularly to share practical collective experience about deal making and leadership challenges.

Mr. Nemeroff counsels corporations in mergers and acquisitions transactions and governance matters. He provides private equity firms and hedge funds with experienced direction in leveraged and management buyouts and guides financial institutions in complex finance transactions. Further, Mr. Nemeroff negotiates and structures executive compensation arrangements for companies, management teams, compensation committees and executives. His many clients include Ally Financial, L Squared Capital Partners, RoundTable Healthcare Partners, Citadel Investment Group, Allscripts, CIT Group, Bank of America, The PrivateBank, Oil-Dri Corporation of America, GrubHub, The Duchossois Group, Wynnchurch Capital, Valor Equity Partners and The Edgewater Funds.

Mr. Nemeroff, an authority on M&A and finance matters, makes frequent appearances on CNBC and Bloomberg Television and is often cited in publications such as the Wall Street Journal. He is a member of the American Bar Association, The Commercial Club of Chicago and The Economic Club of Chicago.

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On October 2, 2020, the Small Business Administration (the “SBA”) issued a procedural notice (the “Notice”) detailing the requirements for an entity (a “PPP Borrower”) that received a Paycheck Protection Program (“PPP”) loan (“PPP Loan”) to enter into a change of ownership/sale transaction without defaulting on such loan. The Notice provides much needed guidance, particularly in light of months of delays in the PPP Loan forgiveness process. A brief summary of the Notice’s requirements is provided below. Click here to download the Notice for more detailed information.Continue Reading PPP Update: SBA Issues Guidance on M&A Transactions