SPACs in the Healthcare Sector: Structuring Transactions, Considerations and Challenges for Companies, Investors

Mr. Washlick is a recognized authority on federal income tax issues involving tax-exempt organizations and the Anti-Kickback Statute and the Stark Law. His guidance is often sought as his clients assess various arrangements with physicians, such as clinical joint ventures, co-management arrangements, integrated delivery systems, business joint ventures, physician recruitment, practice acquisitions, employment arrangements, hospital/physician integration planning and exclusive provider agreements. Mr. Washlick also advises healthcare industry clients, including entrepreneurs and investment-backed entities on general corporate law and regulatory healthcare-related issues, such as the corporate practice of medicine and fee splitting laws. He has experience in structuring, negotiating and documenting a variety of complex business transactions, including mergers and acquisitions, joint operating agreements, joint ventures, clinical co-management agreements, academic and clinical affiliations, and contractual relationships among providers and with third-party payors. Mr. Washlick advises clients in the formation or acquisition of new entities, the restructuring of existing entities and the creation of alliances or other integration initiatives. Mr. Washlick speaks and writes on transaction, governance, regulatory and compliance matters, and he has been published in many healthcare and tax-related publications.

Mr. Smith has more than 25 years of experience advising international and domestic companies on global capital markets and U.S. securities law, cross-border M&A transactions, international fund formation, and Shariah finance. He advises public and private companies in M&As with significant cross-border experience, advising on transactions into and out of the U.S., Canada, Europe, the Middle East, North Africa, sub-Saharan Africa, Latin America, and China. With deep experience across a wide range of industries, including financial services, healthcare, life sciences, and oil and gas, Mr. Smith has developed a focus in the cannabis space in recent years. He is also active in the use of special-purpose acquisition companies (SPACs) by private equity firms to raise assets under management.