Partner
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Kenneth Friedman is the leader of the firm's Business Practice and its Corporate & Securities, Hospitality, and Family Business & Succession Planning Practices. He concentrates his practice in mergers and acquisitions, corporate finance, business planning, nonprofit law, project finance, and securities, and he handles a broad range of general business matters. His clients include a prominent hospitality company with properties around the globe. Ken has been directly involved in the acquisition, sale, financing, franchising, restructuring, development, and joint venturing of more than 100 hospitality and lodging properties and transactions. He has also represented corporate trustees for more than 30 years on a wide variety of corporate trust, escrow, custodial and indenture trustee transactions, including transactions involving unique assets like music royalties, credit card receivables, and synthetic assets. Having grown up in a family-owned and operated business, Ken has a unique understanding of and sensitivity to the complex legal, business, and emotional issues involved with family businesses. He has successfully counseled many family businesses (large and small) through both the good and the challenging times in the family business life-cycle, usually resulting in positive benefits for all involved. For example, Ken has represented an internationally known musical performer with respect to family, corporate, intellectual property, and planning issues. Ken also has significant experience advising clients in connection with raising capital, both debt and equity, for new projects and rehabilitation projects, as well as providing advice to companies facing difficult economic circumstances. He has relationships with traditional and non-traditional sources of capital, both public and private. Ken’s service to the community has earned him many awards for philanthropy and commitment. He has been the president of several organizations and has held leadership roles in several others. He brings this board and leadership experience to the many nonprofits he counsels on their legal and business issues. He understands that the nonprofit label does not mean that the business and legal issues faced by a nonprofit are any less sophisticated or complicated than those faced by a for-profit business. In many ways, the issues are even more diverse and complex. Ken is very proud of his board service and the perspective he is able to bring to counselling nonprofits on legal issues, business challenges and opportunities, best practices and ethical duties and responsibilities. Ken exclusively practices U.S. law and is admitted to practice in New York and Pennsylvania.