Press Release

Morgan Lewis Continues to Strengthen and Grow Finance Practice with Two Energy and Project Finance Partners in Boston

Monday, April 30, 2012

BOSTON, MA, April 30, 2012: Morgan Lewis today announced the addition of two more partners—Richard Filosa and Mitchell Carroll—to its Business and Finance Practice, resident in the firm's Boston office. They join an Energy Transactions team that combines extensive transactional and regulatory capabilities, global resources, and command of industry- and region-specific issues to efficiently advance clients' interests in some of the energy industry's most complex and significant projects, mergers and acquisitions, power sales, regulatory issues, construction contracts, project financings, and related structured financings.

"As extremely talented energy and project finance lawyers, Rick and Mitch are a natural fit for a firm like ours, which has long been recognized as a leading legal service provider to energy and energy-related industries," noted Jon Bernstein, co-chair of the Finance Practice at Morgan Lewis and managing partner of its Boston office, who previously worked with Filosa and Carroll at another AmLaw 100 firm. "Having previously witnessed their high level of skill and commitment to client service, I—along with many other lawyers in our Boston office—am absolutely delighted to have the opportunity to work with them again."

Filosa focuses his practice on the development, construction, financing, and transfer of electrical generating facilities and other infrastructure projects. He has represented developers, investors, financial institutions, and contractors with regard to numerous domestic and international infrastructure projects. His work on power project development spans all phases—from the initial structuring and permitting, through the negotiation and execution of construction contracts and power purchase contracts, to the negotiation and execution of construction and permanent financing arrangements. In addition, he has experience in merger and acquisition transactions involving power production facilities and portfolios of power production assets.  Before entering private practice, Filosa worked as an environmental engineer for the U.S. Environmental Protection Agency, serving as project manager for numerous hazardous waste cleanup projects pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act (also known as CERCLA or Superfund) and the Resource Conservation and Recovery Act (RCRA).

Carroll concentrates his practice on project finance, energy, commercial finance, and corporate matters. He represents funds and companies in their development of power production facilities, the buying and selling of power production facilities, and investments across the full spectrum of the energy industry, including independent power and electric facilities; coal, oil, and gas production; and clean energy infrastructure projects. He has significant experience in domestic and international energy facility financings, including secured and unsecured credit facilities, acquisition, construction, and term financing. He also has experience in private placements of equity and debt, restructurings, and mergers and acquisitions.

Drawn by the depth and breadth of the firm's capabilities in a number of areas, Filosa and Carroll join a Business and Finance team that spans the United States, Europe, and Asia, with nearly 300 transactional lawyers who focus on a wide variety of areas, including finance, bankruptcy and restructuring, mergers and acquisitions, private equity, and capital markets. Their arrival continues the expansion of Morgan Lewis in Boston, where the firm has grown from four to 25 attorneys over the past three years.