Timothy G.Hoxie

Of Counsel

San Francisco + 1.415.875.5810

Tim Hoxie has more than 30 years of experience counseling public and private clients on corporate governance, securities law compliance, mergers and acquisitions, joint ventures, and public and private debt and equity financing transactions. He represents clients in a variety of industries, including semiconductor equipment manufacturers, private equity investors (and in particular sovereign investors), health care enterprises, solar power companies, and professional services firms.

Tim's recent transactional experience includes public and private acquisitions, both domestic and cross-border. He has represented clients in creating substantial joint ventures and has counseled them in managing disputes with partners. His private equity representations involve work with or opposite leading private equity players throughout the country and overseas, as well as representation of investors in venture capital transactions.

Tim is a member of the State Bar of California and the American Bar Association, and he has chaired numerous business law committees within each organization. He is a past chair of the California State Bar's Business Law Section and of its Corporations Committee, has served as co-chair of the section's Opinions Committee, is a past chair of the ABA Business Law Section Opinions Committee, and is a member of the Tri-Bar Opinions Committee. He is a director of the Working Group on Legal Opinions Foundation and is a past chair of the ABA Business Law Section's Committee on State and Local Bar Relations. He is a member of the Council of the ABA Business Law Section and a Fellow of the American Bar Foundation.

Experiencia

  • Blue Flag and affiliated funds obtain new subscription credit facilityJones Day represented Blue Flag and its managed funds Signal H Investment Partnership III, LP ("SHIP III") and Signal H Investment Parallel Partnership III, LP ("Parallel Fund") in connection with SHIP III and Parallel Fund's new subscription facility with a private national bank based in New York, as the sole lender.
  • Lennox obtains $350 million incremental increase to its existing credit facility with JPMorgan Chase Bank, N.A.Jones Day represented Lennox International Inc., a leading global provider of climate control solutions, in connection with an incremental increase of its unsecured credit facilities led by JPMorgan Chase Bank, N.A., as administrative agent for the bank syndicate, which provides for total revolving credit commitments of $1.1 billion.
  • Diebold Nixdorf successfully restructures over $2.7 billion in funded debt and completes the first-ever dual proceeding under the U.S. bankruptcy code and Dutch restructuring law in 71 daysIn the first-ever cross border restructuring involving dual main proceedings under chapter 11 of the U.S. Bankruptcy Code and a scheme of arrangement (the "Dutch Scheme") under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord ("WHOA")), and the first-ever chapter 15 recognition of Dutch Scheme proceedings and a sanctioned WHOA reorganization plan (the "WHOA Plan"), Jones Day represented Diebold Nixdorf, Incorporated ("Diebold") and certain of its U.S. and Canadian subsidiaries (the "Debtors") in connection with (i) the prepackaged chapter 11 cases of In re Diebold Holding Company, LLC, et al., (Case No. 23-90602-DRJ) commenced on June 1, 2023, in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"); (ii) the Dutch Scheme, commenced on June 1, 2023 by Diebold Nixdorf Dutch Holding B.V. (the "Dutch Issuer") in the District Court of Amsterdam (the "Dutch Court"), and (iii) the chapter 15 proceedings before the Bankruptcy Court commenced by the foreign representative of the Dutch Issuer, wherein the Bankruptcy Court recognized the Dutch Scheme proceeding as a foreign main proceeding and recognized and extended comity to the WHOA Plan that was sanctioned by the Dutch Court.
  • Eldridge Industries provides senior secured term loan credit facility to Digital Currency Group, Inc.Jones Day advised Eldridge Industries, LLC, as administrative agent and lead arranger, on a senior secured term loan credit facility provided to Digital Currency Group, Inc. (“DCG”).
  • VIA Technologies enters into agreement with Intel for recruitment of employeesJones Day represented VIA Technologies, Inc. in its entry into a definitive agreement with Intel.
  • Large regional property manager sells $1 billion portfolio of 27 multifamily propertiesJones Day represented a large regional property manager in its $1 billion sale of a portfolio of 27 multifamily properties consisting of over 500 buildings and close to 8,000 units.
  • Uniphore raises capital in Series D roundJones Day represented Uniphore Technologies Inc., a conversational AI platform providing automation, analytics, assistant and security services, in its issuance of Series D Preferred Stock, which was led by Sorenson Capital Partners.
  • Wells Fargo-led syndicate of lenders successfully negotiate secured $1.1 billion restructuring credit facility for Pennsylvania Real Estate Investment Trust (PREIT)Jones Day represented Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, in connection with the Chapter 11 financial reorganization plan of Pennsylvania Real Estate Investment Trust (“PREIT”), a publicly traded real estate investment trust that owns and manages a portfolio of shopping malls totaling over 23 million square feet of retail space.
  • SunPower closes sponsored spin-off of solar panel production operationsJones Day advised SunPower Corporation (NASDAQ: SPWR), one of North America's largest solar-panel makers, in a sponsored spin-off of its solar panel production operations into a new public company – Maxeon Solar Technologies – which will be headquartered in Singapore.
  • UPMC subsidiary Curavi Health combined with CarePointe and U.S. Health Systems to form Arkos HealthJones Day advised University of Pittsburgh Medical Center (UPMC) in the business combination of its subsidiary Curavi Health, Inc. with CarePointe and U.S. Health Systems to form Arkos Health, a company that will provide virtual care solutions and health insights to vulnerable populations across the United States.
  • Lam Research completes $2 billion public offering of Senior NotesJones Day advised Lam Research Corporation, a global supplier of wafer fabrication equipment and services to the worldwide semiconductor industry, in connection with its underwritten public offering of $2 billion of Senior Notes, consisting of $750 million of 1.900% Senior Notes due 2030, $750 million of 2.875% Senior Notes due 2050, and $500 million of 3.125% Senior Notes due 2060.
  • Exponent sells German subsidiaryJones Day advised Exponent, Inc. in the sale of its German subsidiary, Exponent GmbH.
  • U.S. Steel acquires remaining 50% ownership interest in USS-POSCO Industries from POSCO-California CorporationJones Day advised United States Steel Corporation in its acquisition of POSCO-California Corporation's 50% partnership interest in USS-POSCO Industries, a Pittsburg, California-based producer of cold-rolled sheets, galvanized sheets, and tin mill products made from hot bands, resulting in USS-POSCO Industries becoming a wholly-owned subsidiary of U.S. Steel.
  • SunPower completes $169.6 million public offering of Common StockJones Day represented SunPower Corporation, a solar products and services company, in connection with the $169.6 million underwritten public offering of 22,000,000 shares of Common Stock.
  • Lam Research completes $2.5 billion public offering of Senior NotesJones Day advised Lam Research Corporation, a global supplier of wafer fabrication equipment and services to the worldwide semiconductor industry, in connection with its underwritten public offering of $2.5 billion of Senior Notes, consisting of $750 million of 3.750% Senior Notes due 2026, $1.0 billion of 4.000% Senior Notes due 2029, and $750 million of 4.875% Senior Notes due 2049.
  • Undisclosed investor participates in $550 million Series F financing round of PelotonJones Day represented an undisclosed investor in the $550 million Series F financing by Peloton Interactive, Inc., a global fitness technology company.
  • Dignity Health and Select Medical combine Concentra and U.S. HealthWorks for $753 millionJones Day advised Dignity Health in its $753 million sale of its U.S. HealthWorks, Inc. subsidiary to Concentra Group Holdings, LLC.
  • Lam Research acquires Coventor, Inc.Jones Day advised Lam Research Corporation in its acquisition of Coventor, Inc., a leading provider of simulation and modeling solutions for semiconductor process technology, micro-electromechanical systems (MEMS), and the Internet of Things (IoT).
  • CreditAccess Asia completes complex €95.4 million (US$102.8 million) multi-investor investment roundJones Day advised CreditAccess Asia, a micro-finance institution active primarily in India and SEA, on a complex €95.4 million (US$102.8 million) multi-investor investment round, involving (a) the conversion of outstanding bonds into equity; (b) the investment by Asian Development Bank, an international development bank; (c) the conversion of bonds held by a private equity fund Olympus Capital Asia; and (d) a further investment round by new investors.
  • Lam Research attempts merger with KLA-TencorJones Day represented Lam Research Corporation in its proposed acquisition of all outstanding shares of KLA-Tencor Corporation in a cash and stock transaction that placed an equity value on KLA-Tencor of approximately $10.6 billion based on its closing stock price on October 20, 2015.