Overview
Jack Schmeltzer began working at Patterson Belknap as an associate following his graduation from Fordham University School of Law in 1974 and became a partner in the Corporate Department in 1982.
Jack's practice has consisted of representation of publicly traded oil and gas, mining and investment companies. He also represents hedge funds and a number of early stage companies. A large part of his practice involves transnational mergers and acquisitions and infrastructure projects. He has participated in major infrastructure projects in the former Soviet Union. In addition, he continues to advise on compliance aspects of the Bank Secrecy Act and the USA PATRIOT Act, having advised a number of money center banks in connection with both compliance programs and violations of such statutes. Jack has a long history of representing both investors and funds in the venture capital and hedge fund areas, having been responsible for creation of the "ERISA and foundation outs" used by most venture capital funds.
Jack continues to represent a significant not-for-profit housing corporation, including all aspects of fund raising, state and federal grants, construction and management of multiple properties.
Jack has lectured on the Bank Secrecy Act and has spent significant time both in the CIS and Europe on project finance, acquisitions and other transactions. Born and raised in New York, New York, Jack is a graduate of Phillips Exeter Academy and Princeton University and currently lives in Greenwich, Connecticut.
Representative Matters
Mergers and Acquisitions
Represent both acquirors and targets in public and private acquisitions and the financing thereof, including a number of cross-border transactions.
Publicly Traded Oil and Gas and Mining Companies
Public offerings and private placements of securities; hostile tender offer defense; development and funding of specialized investment vehicles for tax-exempt and ERISA plan investors in oil and gas sector; acquisitions and the financing thereof; oil and gas and mining documentation.
Hedge Funds
Represent both managers and funds, both on-shore and off-shore, in formation, funding, compliance and registration, including US, USVI, BVI, Ireland and The Bahamas.
Transnational Companies
Acquisitions and infrastructure project development, including foreign government financings and participation in Middle East and former Soviet Union projects from development stages through financing and operations.
Project Finance
Multiple project finance projects in the power and extractive industries, concentrating in CIS projects and financings for major brewery facilities in upstate New York.
Money Center Banks and Out-of-State Commercial Banks
Bank Secrecy Act investigations and design of compliance systems and violation resolution with Federal authorities.
Commercial lending, including energy financings, project financings, lease financings, secured lending and letter of credit issuances; counsel to corporate trustees.
Exempt Organization and Broker Dealer
White collar criminal investigations.
Transportation Company and Exempt Zoological Society
All phases of major project development and construction.
Family of Mutual Funds and Investment Advisers
All phases of '40 Act, '33 Act and '34 Act and Blue Sky compliance.
Not-for-Profit Housing Company
All phases of low-to-moderate income housing projects from land acquisition to construction, obtaining state financing and maintenance.
Private Foundations and Exempt Investors
Venture capital and other specialized investments, including off-shore, real estate and specialty pools; commodity and arbitrage activities (domestic and offshore).