Mark I. Baseman

Director
Bar/Court Admissions
  • Pennsylvania
Education
  • J.D., Harvard Law School, 1975
  • Matriculated at Cornell University
  • B.A., with high distinction, University of Michigan, 1970

Mark has been practicing business law for 40 plus years, focusing on general corporate counseling and finance, mergers and acquisitions, real estate transactions and leases, venture capital financings, franchising and trade regulation. He is a Director of the Firm and a member of the Corporate & Tax, Emerging Business, Financial Institutions, Franchising Law, Mergers & Acquisitions, Real Estate, Venture Capital and Private Equity Groups.

Mark represented the founding shareholders and management in the complex sale of a closely held business for more than $100 million through an investment bank-sponsored reorganization with sellers retaining a substantial interest, an “earn-out” procedure and employment agreements along with an equity participation program for management.

He handled the planning and sale of another closely held business for more than $100 million through an auction investment banking process; and the sale of an Internet business on an “earn-out” basis acquired as part of a “roll up” of a number of companies, followed by a successful initial public offering.

Mark has represented both majority and minority interests in shareholder disputes; high-tech companies in obtaining venture capital financing and general counseling; venture capital funds in their investments; and landlords and tenants in lease transactions.

In addition, he represented a management shareholder group in a significant shareholder dispute involving litigation leading to a refinancing to take out dissident shareholders and provide equity for future growth.

Mark was counsel for a developer of a major Downtown Pittsburgh redevelopment project; and many other developers in the acquisition, construction, lease, financing and development of office buildings, retail projects, hotels, condominiums, mixed-use and other projects.

Mark is a long-time member of the Forum Committee on Franchising of the American Bar Association and a member of the ABA’s Corporation, Real Estate and Antitrust Sections.

He has presented lectures on franchising topics for the Pennsylvania Bar Institute.