Lori B. Green
Partner / Co-Leader, M&A and Corporate Transactions Team / Co-Leader, Cannabis Practice
Introduction
Lori Green is an experienced transactional business lawyer with over 30 years of domestic and international experience in a wide range of M&A and other business law matters.
She represents companies in a variety of regulated and unregulated industries, with a particular focus on food, beverage and agribusiness, cannabis, healthcare, energy, and technology.
My focus
I have been the responsible partner for numerous transactions, including public and privately negotiated acquisitions, divestitures, joint ventures, cross-border transactions, outsourcing transactions, restructurings and financings.
Energy
In the transmission area I served as project counsel to the 11 load-serving entities that are participants in the more than $2.0 Billion CapX 2020 Transmission Expansion Projects. I led the negotiation among the participants of key project agreements including the project participation agreement. My partner Bill Andrews and I were selected by The American Lawyer as one of its “Dealmakers of the Year 2011” for our work on the CapX 2020 Projects. In the generation area, I served as counsel to the Indiana Municipal Power Agency, which led the team negotiating project agreements including the participation agreement, project development agreement and asset purchase agreement among six public power participants and Peabody Energy in connection with the development of Prairie State, a 1600 MW, mine-mouth, pulverized coal-fired power plant now in service in southern Illinois. These are two examples of the many entities I have represented in developing, acquiring or disposing of transmission and generation assets.
Life Sciences
I have been responsible for leading numerous transactions for Bausch & Lomb Incorporated, including the acquisition of eyeonics, Inc., and worldwide rights for certain pharmaceutical products. I have also counseled life sciences entities in connection with commercial arrangements, including licensing, co-development and co-promotion agreements.
Health Care
I have represented hospitals, ambulatory surgery centers, laboratories, medical and dental practice management companies and medical and dental practices and providers in connection with acquisitions, dispositions, joint ventures, roll-ups, commercial arrangements, etc. A few health care companies I currently represent include NAPA Management Services Corporation, North American Partners In Anesthesia, LLP, Excelsior Orthopaedics, LLP and Buffalo Surgery Center, LLC.
Manufacturing and Technology
I was responsible for leading the project team representing Xerox Corporation in connection with its $5 billion equipment financing agreement with GE Capital Corporation and its administrative services joint venture agreement with GE Capital. I have led transactions of all sorts for companies in this space and across the growth spectrum, ranging from large public companies such as Harsco Corporation to smaller private companies such as Ameritherm, Inc., to startup companies.
Looking ahead
In the energy area, I think we will increasingly see multi-party transactions enabling businesses with common objectives to develop large-scale energy assets on a jointly owned basis. Multi-party transactions allow each participant to calibrate the size of its investment with its appetite for development and operating risk and its appetite for control. From a project perspective, our experience shows that assembling the vast amounts of capital that large energy infrastructure requires is more easily accomplished in a tenant-in-common structure in a manner that is consistent with each participant’s financing abilities and without the complications of inter-creditor arrangements.
I see the life sciences and health care areas converging with more collaboration among biopharma companies, health systems, providers and patients. The pace of this convergence will accelerate with continued major developments in medical science and information technology.
/Insights
- “Delaware Chancery Court issues rare decision finding Material Adverse Effect justifying termination of merger,” Transaction Advisors, October 2018
/Leadership
- Lori has held numerous leadership positions at Nixon Peabody, including service as the chairperson of the firm’s Policy Committee, an elected oversight and policy-making body for the firm, and currently serves as co-leader of the firm’s M&A and Corporate Transactions team and co-leader of the firm’s Cannabis Practice.
In the news
- The Deal
Constellation Brands passes Svedka to Sazerac
Dec 3, 2024The following articles cover Constellation Brands’ agreement to sell the Svedka vodka brand to Sazerac Co. and mention NP for representing Constellation in the deal. The NP team includes Rochester Corporate partners Lori Green, co-leader of the firm’s M&A and Corporate Transactions team, and Eric Tanck, and associates Jared Joyce and Mike Gionta.
- Rochester Business Journal
Women of Excellence honorees announced
This article names Rochester Corporate partner Lori Green as a recipient of the publication’s “Women of Excellence” awards for 2022. In addition, sister publication The New York Daily Record published an article noting that Lori is one of 11 local lawyers being recognized among the “Women of Excellence” honorees.March 31, 2022 - Rochester Business Journal
Legal experts don't expect recreational marijuana to replace medical cannabis in New York State
Rochester Corporate partner and Cannabis practice co-leader Lori Green is quoted throughout this special report for her thought leadership on how New York’s legalization of recreational cannabis sales may affect the state’s medical marijuana industry.Jan 21, 2022 - Rochester Business Journal
Team from Nixon Peabody helps surgical practice expand
This feature article, focusing on NP client New York Bariatric Group’s expansion into Oklahoma and Arkansas, includes Rochester Corporate partner Lori Green and Long Island Healthcare partner Michele Masucci for leading the all-female team that advised NYBG. Lori is also quoted on how the transaction could serve as a blueprint for other medical practices looking to affiliate with a management services organization and expand. The NP team also included Rochester Corporate associate Jennifer Jovcevski, and Long Island associate Jennifer Greco and New York associate Jena Grady, both in the Healthcare group.Dec 30, 2021 - Long Island Business News
Bariatric practice expands into Oklahoma, Arkansas
This feature article, focusing on NP client New York Bariatric Group’s expansion into Oklahoma and Arkansas, includes Long Island Healthcare partner Michele Masucci and Rochester Corporate partner Lori Green for leading the team that advised NYBG. Michele is also quoted on our firm’s work with NYBG. The NP team also included Long Island associate Jennifer Greco and New York associate Jena Grady, both in the Healthcare group; and Rochester Corporate associate Jennifer Jovcevski.Dec 16, 2021 - Rochester Business Journal
Federal roadblocks may slow recreational marijuana industry in NYS
This article, focusing on the federal prohibition on marijuana and the challenges faced by businesses, quotes Cannabis co-leader and Rochester Corporate partner Lori Green on the risks to banks and credit unions when financing cannabis-related businesses and alternative financing options for businesses that want to enter this industry.Aug 6, 2021 - Rochester Business Journal
Rep and warranty insurance a tight market due to heightened M & A activity
This article, focusing on insurance and the many ways companies can manage their risk, quotes Rochester Corporate partner Lori Green on how rep and warranty insurance has become a hot and tight market, causing premiums to go up significantly, and how force majeure clauses will no longer cover pandemics.July 23, 2021 - Power Finance & Risk
DIF fund to buy Oklahoma wind farm
This article mentions NP for advising DIF Capital Partners’ infrastructure fund on its agreement to acquire the Kingfisher wind farm in Oklahoma. The deal team includes Washington, DC Community Development Finance partner Shariff Barakat, Rochester Corporate partner Lori Green, Buffalo Global Finance partner Martha Anderson, and Rochester Corporate associate Aya Hoffman.
Also contributing to the deal were New York City Corporate partner Rick Cox; Manchester partner Mark Beaudoin and San Francisco partner Alison Torbitt, both of the Affordable Housing & Real Estate group; and Washington, DC partners Elizabeth Whittle and Bob Daileader and counsel Ken Weiner, all of the Project Finance & Public Finance group.
- Cannabis Law Report
Cannabis operators, insiders, and experts discuss New York’s cannabis legalization, equity plans, revenue possibilities, and future cannabis market potential
This wide-ranging discussion of New York’s legalization of recreational cannabis includes commentary from both Cannabis practice co-leader and Rochester Corporate partner Lori Green and Rochester Labor & Employment partner Kim Harding.April 19, 2021 - Albany Business Review
National cannabis attorney on NY legalization and its many business opportunities
In this Q&A feature, Cannabis practice co-leader and Rochester Corporate partner Lori Green discussed New York’ s legalization of recreational cannabis and what it means for businesses looking to get into the industry as well as those already working in the state under a medical marijuana license.April 12, 2021 - WHAM-TV
If recreational marijuana is legalized in New York, what happens to the workforce?
The following TV news segments cover New York’s pending marijuana legalization bill and how it may affect the workplace. Rochester Labor & Employment partner Kim Harding is quoted on the exclusion of marijuana in drug screens and its protected use outside the workplace. Cannabis practice co-leader and Rochester Corporate partner Lori Green is quoted in WHEC-TV’s segment on how the group is staying on top of marijuana legislation across the U.S., to better serve NP’s clients.March 27, 2021 - WHEC-TV
Legal recreational marijuana and the workplace
The following TV news segments cover New York’s pending marijuana legalization bill and how it may affect the workplace. Rochester Labor & Employment partner Kim Harding is quoted on the exclusion of marijuana in drug screens and its protected use outside the workplace. Cannabis practice co-leader and Rochester Corporate partner Lori Green is quoted in WHEC-TV’s segment on how the group is staying on top of marijuana legislation across the U.S., to better serve NP’s clients.March 26, 2021 - Cannabis Business Executive
Cuomo issues amendments to his legalization proposal—next steps for legalized cannabis in New York
Cannabis practice co-leader and Rochester Corporate partner Lori Green and New York City Complex Commercial Disputes associate Catherine Savio contributed this article on New York Governor Andrew Cuomo’s amendments to a proposed plan to legalize adult-use cannabis in New York State.Feb 25, 2021 - Rochester Business Journal
Get ready: Legalized adult-use marijuana in N.Y. isn’t far off
Rochester Corporate partner and Cannabis practice co-leader Lori Green, Rochester Corporate associate Brandon Coyle, and New York City Complex Commercial Disputes associate Catherine Savio, all of the Cannabis practice, contributed this article discussing the legislative path toward legalized adult-use marijuana in New York State and best practices for businesses to prepare now.Feb 12, 2021 - Cannabis Business Executive
New York Takes Next Step Toward Legalizing Recreational Marijuana—How you can best prepare for and benefit from legalized recreational use
Jan 13, 2021Following New York’s reintroduction of a bill that would legalize and tax adult-use recreational marijuana, Rochester Corporate partner and Cannabis practice co-leader Lori Green, New York City Complex Commercial Disputes associate Catherine Savio, and Rochester Corporate associate Brandon Coyle contributed this article highlighting key focus areas for those looking to enter the potential new industry.
- Crain’s New York
It's High Time that Albany Legalize Recreational Marijuana
This op-ed by Cannabis practice co-leader and Rochester Corporate partner Lori Green, which published the same day that adult recreational use of cannabis in New Jersey became legal, makes the case for New York State to close the gap by discussing the benefits of job creation, tax revenue, and racial and social justice reform.Jan 1, 2021 - Cannabis Business Executive
Cannabis legalized in New Jersey — Is New York next?
On the heels of New Jersey’s vote to legalize cannabis, Rochester Corporate partner and Cannabis practice co-leader Lori Green, New York City Complex Commercial Disputes associate Catherine Savio, and Rochester Corporate associate Brandon Coyle wrote this contributed article on potential side effects for neighboring New York and actions for businesses anticipating legalization in the Empire State.Nov 25, 2020 - Rochester Business Journal
Experts advise on how businesses should plan for eventual legalization of recreational marijuana
In its “Business of Cannabis” special report on recreational marijuana, the Rochester Business Journal extensively quotes Cannabis practice co-leader and Rochester Corporate partner Lori Green in two articles for her outlook on legalized recreational use and the potential positive economic impact to businesses, both local and statewide.Aug 7, 2020 - Rochester Business Journal
Legalization of recreational cannabis likely coming down the pike for NY
In its “Business of Cannabis” special report on recreational marijuana, the Rochester Business Journal extensively quotes Cannabis practice co-leader and Rochester Corporate partner Lori Green in two articles for her outlook on legalized recreational use and the potential positive economic impact to businesses, both local and statewide.Aug 7, 2020 - Law360
Constellation Sells Brandy, Wine Brands In 2 Deals For $385M
This article mentions NP for representing Constellation Brands in the pending sale of its Paul Masson Grande Amber Brandy brand and related assets to Sazerac Co. for approximately $255 million. The story notes Rochester Corporate partner Lori Green for her role leading the deal team, and also mentions Rochester Corporate partner Eric Tanck and associate Aya Hoffman.June 25, 2020 - The Daily Record
The Daily Record announces 2019 Attorneys of the Year
Rochester Corporate partner Lori Green has been chosen by The Daily Record as one of the “Leaders in Law” winners for the 2019 Attorneys of the Year awards.Sep 13, 2019 - Rochester Business Journal
Advice from corporate attorneys: Listen and learn
Rochester Corporate partners Lori Green and Tyler Savage are quoted in this article on the insights they’ve gathered throughout years of practice, and what advice they’d give to up-and-coming attorneys.Dec 4, 2018 - The American Lawyer
Constellation Brands/Canopy Growth Corp.
Nixon Peabody is mentioned as U.S. counsel for longtime client Constellation Brands in its acquisition of a 38 percent stake in Canopy Growth Corp., a Canadian distributor of cannabis products. The following attorneys were members of the deal team: Rochester Corporate partner Lori Green, Boston Global Finance partner Craig Mills, Washington, D.C. Corporate partner Lloyd Spencer, San Francisco Global Finance counsel Sarah Abel, Buffalo Global Finance associate Dan Fabian, Rochester Corporate associate Isaac Figueras, and Washington, D.C. Corporate associate Pierce Han.Dec 1, 2018 - Law360
$4.8B Akorn ruling more outlier than shift at Chancery
In the following coverage, Rochester Corporate partner Lori Green, Complex Commercial Disputes partners Rick McGuirk and Carolyn Nussbaum, and New York City Complex Commercial Disputes partner Chris Mason analyze a key ruling by the Delaware Chancery Court that affirmed the existence of a material adverse event allowing German pharmaceutical company Fresenius to back down from a merger with Akorn, Inc.Oct 15, 2018 - Law360
Delaware Chancery Court issues rare decision finding Material Adverse Effect justifying termination of merger
In the following coverage, Rochester Corporate partner Lori Green, Complex Commercial Disputes partners Rick McGuirk and Carolyn Nussbaum, and New York City Complex Commercial Disputes partner Chris Mason analyze a key ruling by the Delaware Chancery Court that affirmed the existence of a material adverse event allowing German pharmaceutical company Fresenius to back down from a merger with Akorn, Inc.Oct 15, 2018 - The Deal
Constellation stashes more Canopy Growth
Seven attorneys from the Corporate and Global Finance practices—Lori Green, Sarah Abel, Dan Fabian, Isaac Figueras, Pierce Han, Craig Mills and Lloyd Spencer—are mentioned in this story for advising client Constellation Brands on its cash investment in Canopy Growth Corp.Aug 15, 2018
Admitted to practice
New York
Education
Boston University School of Law, J.D.
Harvard Business School, Executive Program
State University of New York at Binghamton, B.A., Mathematics
Professional activities
- Vice-chair and secretary of the board of directors, Next Corps, Inc.
- Secretary of the board of directors, Greater Rochester Enterprise
- Chairperson, United Way Service Corp.
- American, New York State, and Monroe County bar associations
Recognition
- Selected for inclusion in The Legal 500 M&A Private Practice Powerlist – USA Region 2023
- Named The Deal’s 2021 Dealmaker of the Year in Consumer Retail, Food, and Beverage (Middle Market)
- Selected, through a peer-review survey, for inclusion in The Best Lawyers in America® 2025 in the fields of Corporate Law and Mergers and Acquisitions Law
- 2025, 2023, and 2019 Mergers and Acquisitions Law "Lawyer of the Year"
- 2017 Corporate Law “Lawyer of the Year” in Rochester, NY
- Listed in Best Lawyers since 2012
- Recognized for exceptional standing in the legal community in Chambers USA: America’s Leading Lawyers for Business 2024 for Corporate/M&A (New York (Upstate)); also recognized in Chambers in previous years.
- Selected to the Upstate New York Super Lawyers list in 2012–2015; primary area of practice, mergers and acquisitions law
- Recommended in The Legal 500 United States 2024 editorial (as well as in previous editions) for M&A/Corporate and commercial—M&A: Middle-market (sub-$500m)
Insights And Happenings
View AllProfessionals in the Practice Area
View AllChristopher P. Keefe
Partner / Chair, Business & Finance Department- Boston
- Office:+1 617.345.1350
- ckeefe@nixonpeabody.com
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Todd Tidgewell
Partner / Leader, Corporate Practice Group- Albany
- Office:+1 518.427.2705
- ttidgewell@nixonpeabody.com
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Robert A. Drobnak
Partner / Practice Group Co-leader, Global Finance- Chicago
- Office:+1 312.977.4348
- radrobnak@nixonpeabody.com
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Catherine Ng
Partner, Practice Group Co-Leader, Global Finance- Boston
- Office:+1 617.345.6081
- cng@nixonpeabody.com
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