Associate

Jennifer Card is an associate in the Corporate & Securities Practice Group.  She focuses her practice on a variety of corporate and securities matters, including merger and acquisition transactions, securities offerings and compliance with disclosure obligations.  She also assists the Education Team of the Government & Regulatory Affairs Practice Group with education regulatory counseling on securities and transactional matters.

Securities.  Jennifer counsels public reporting companies, including a pharmaceutical company, a manufacturing company, a technology company, and various education companies on ongoing compliance and disclosure obligations under the federal securities laws.  She reviews various periodic securities filings, including annual and quarterly reports and proxy statements, and drafts disclosure included in securities filings such as current reports, proxy statements, and registration statements.   Additionally, she tracks the proposal and implementation of various SEC rulemaking initiatives, such as the Dodd-Frank Act, and counsels companies on the evolving disclosure obligations under those initiatives.  Representative transactions include:

• Public offering of $1 billion of notes for a national retail drugstore chain;
• Rule 144A offering of $1.5 billion of notes for a multinational diversified manufacturer; and
• Rule 144A offering of $1 billion of notes for a multinational diversified manufacturer. 

Mergers and Acquisitions.  Jennifer provides support, often as lead associate, for acquisition and divestiture transactions for public and private companies, including asset, stock and merger deals.  She has undertaken responsibility for conducting and supervising due diligence reviews, preparation of disclosure documents and drafting of transactional and closing documents.  These transactions span a broad range of industries, including the pharmaceutical, manufacturing and education industries.  Jennifer also has experience in structuring and negotiating a multi-party strategic joint venture and in coordinating a complex internal restructuring.  Representative transactions include:

• Representation of several subsidiaries of a public company in the acquisitions of a specialty pharmacy business and an infusion business and in the divestiture of a long-term care business;
• Representation of a major cable services provider in a strategic joint venture transaction; and
• Coordination of internal restructuring of a leading manufacturer and supplier of specialty ground support products to the underground mining industry.

Corporate Governance and Board Counseling.  Jennifer advises public and private companies with respect to best practices in corporate governance matters.  She also has served as independent counsel for a special committee investigation.  A representative engagement includes:

• Independent counsel to a special committee of the board of directors of a business outsourcing services provider in connection with an internal investigation.

Education.  Jennifer assists the Education Team of the firm’s Government & Regulatory Affairs Practice Group in all aspects of transactions involving educational institutions.  She has experience managing regulatory aspects of transactions for higher education institutions, education companies, lenders and private investors.  Jennifer has assisted on acquisitions, divestitures and securities offerings, as well as due diligence reviews on educational compliance issues at the federal, state and accreditor levels.  She also follows the proposal and implementation of U.S. Department of Education rulemaking initiatives affecting post-secondary educational institutions.

In General.  Jennifer earned her J.D., magna cum laude, from the University of Illinois College of Law and her B.A., with dual majors in English and Political Science, from the University of Illinois at Urbana-Champaign.  As a law student, Jennifer was awarded a Rickert Award, considered the most prestigious award bestowed by the College of Law, for Excellence in Legal Writing.  She was a member of the Illinois Business Law Journal and participant in the Philip C. Jessup International Law Moot Court Competition.  As an undergraduate, Jennifer played for the Illinois Women's Lacrosse Club.