Charles Baker JD '85
Charles Baker brought his practice in complex M&A to Paul Hastings in 2000, when he joined the firm as a lateral partner following the merger of its New York office with that of Battle Fowler. He has distinguished himself by representing such clients as UBS Securities, JP Morgan Securities, and Kurt Salmon Associates, respectively, in the capacities of a financial advisor and a fairness- and solvency-opinion provider. He has also represented Stephen Ross in his purchase of the Miami Dolphins franchise and Dolphins Stadium. In delivering these services, Mr. Baker believes "it is important not just to identify key issues, but to seek creative solutions to resolve them for our clients. I enjoy acting as a facilitator to help the parties accomplish their intermediate and longer-term business objectives. While some deals are not meant to be done, I take great pride in helping to overcome what sometimes seem to be insurmountable hurdles between our clients and the other parties." For a fuller professional profile of Charles Baker, go to http://www.paulhastings.com/ProfessionalDetail.aspx?ProfessionalId=82272.
The current economic situation has made Mr. Baker’s work more difficult and has shifted its focus. "M&A activity has not stopped but it has been much slower over the past 18 months due to various macro- and microeconomic events," he says. "I have been involved in a significant number of restructurings and sales of companies out of bankruptcy-commonly referred to as Section 363 sales." Not surprisingly, the more positive side of the business holds greater appeal: "I enjoy the challenge of helping those with interesting transaction ideas find capital to make them a reality, and also identifying capital opportunities for those looking to invest." Mr. Baker's extensive transactional experience is especially strong in "the sports, media, entertainment, and consumer industries," as well as in "representing consulting firms and investment banks on corporate finance advisory matters."
Curricular innovations at Cornell Law School, Mr. Baker believes, will prepare its graduates for the challenges of corporate law practice in the global economy. He sees particular advantage the recently endowed Institute for the Study and Practice of Business Law: "Enabling law students to attack complex business problems with a unique focus on both the legal and business issues is a great step in academic scholarship," he says. "Those are precisely the skills a business lawyer needs in this business environment and the ones that I rely on day-in and day-out. I believe this program will provide Cornell Law students with unique skills to thrive in the legal and business communities they will enter upon graduation."
~contributed by John A. Lauricella
Special to Cornell Law School