Tami Bogutz Steinberg

Practice Areas

Business and M&A

Career

Tami Bogutz Steinberg is chair of Flaster Greenberg's Business Transactions Department.

For over 35 years, scores of business owners, entrepreneurs and closely held businesses across a wide range of industries have turned to Tami as their trusted legal advisor. She is known as a leading business and corporate attorney. She represents businesses in all stages of their business life cycle, from formation through dissolution or sale. Her practice has a large focus on mergers and acquisitions, in addition to representing businesses in bank financings, joint ventures, partnership and shareholder transactions, contracting, dispute resolutions, corporate governance and private placements.

Tami works with business owners and C-level executives in identifying their needs and providing practical advice to guide them through the ever-changing business and legal environment, always with their desired goals in mind. She regularly functions as outside general counsel, providing oversight and counsel with the myriad of issues her clients encounter, including corporate, real estate, tax, employment, intellectual property and litigation. She also has considerable experience working with business owners in closely held companies to resolve disputes among the owners.

Tami has considerable experience counseling business owners at every stage of the business life-cycle, including protective measures to address potential future business disputes. She regularly assists litigators in settling shareholder and partner disputes that are in active litigation or in which litigation is threatened. She represents both minority and majority shareholders/partners and other disenfranchised parties.

Tami also serves as chair of the firm's Gaming Industry Group. She represents casino developers and operators in the competitive process for new facilities and in running operating facilities. She also represents online sports and gaming entrepreneurs as they maneuver through the regulatory process, in addition to providing them with corporate counsel. Tami assists gaming clients with obtaining financing and licensing, negotiating management agreements, handling general corporate, contractual and regulatory matters and overseeing lobbying efforts, real estate, labor, employment and litigation issues.

Professional Memberships

New Jersey State Bar Association

Chamber of Commerce Southern New Jersey

Pennsylvania Bar Association

Camden County Bar Association

Philadelphia Bar Association

International Association of Gaming Advisors (IAGA)

Work Highlights

Represented the largest provider of portable fans and heaters in the United States in a major stock sale of all of its stock to two private equity firms.

Represented a regional provider of telecommunications services in the purchase of the assets of another telecom provider in order to increase our client’s geographic footprint.

The transaction was the culmination of a multi-year process and involved extensive negotiations, regulatory approvals, and complex due diligence review.

Represented a newly formed private equity company in the purchase of a 92.5% interest in GS Pacific ER LLC, the owner of a shopping center in San Jose, California. The transaction included complex negotiations of the purchase agreement, operating agreement, and loan documents.

Represented the purchaser of the assets of a sandwich meat manufacturing and distribution business, including associated real estate purchase, multi-tiered bank financing, agreements with investors, employment agreements with key employees, rollover equity, and multiple escrows.

Represented a supplier of marketing, promotional and organizational products in the sale of its assets to a larger marketing company in a strategic acquisition, including the continued employment of the principal.

Represented a closely-held equipment distribution company owned by two families in the redemption of 50% the outstanding shares from one of the families, including promissory note and stock pledge, in connection with a business divorce.

Represented the principal shareholder and company in an internal dispute with the other voting shareholder who was also a company employee, resulting in an all-cash repurchase of his shares.

Represented the owner of a real estate limited partnership in a springing sale of a 50% interest in a limited partnership (including the general partnership interest), in exchange for a development agreement and development plans for the associated commercial building.

Represented the shareholders of a retail appliance sale and refurbishing business in the sale of stock to an individual purchaser. The transaction also included the sale of associated real estate to the purchaser.

Represented two separate groups of employees of affiliated companies in the purchase of shares as part of the principal’s transition plan. The transaction included shareholder agreements and promissory notes.

Represented one family in a closely-held equipment distribution company in a stock repurchase of all of the shares owned by the other family. The repurchase was the culmination of a tumultuous partnership, including the settlement 15 years ago of litigation between the families that resulted in a restructuring of the shareholders agreement to enable the families to continue to work together until the recent transaction.

Represented a closely-held flooring company in the redemption of the shares owned by one of the two families, payable in part with a promissory note and stock pledge.

Represented the owner of a real estate development company in the sale of limited liability interests to the prior purchaser of the operating business that was leasing the real estate.

Expert in these Jurisdictions

New Jersey

Pennsylvania

Education