Senwan Akhtar

Practice Details

• Firm Information
  Position

  Counsel

  Firm Name

  Potomac Law Group, PLLC
• Representative Cases & Transactions
  Transactions

  Represented a real estate development company in the negotiation of a membership interest purchase agreement, joint venture agreement, financing documents and related agreements in connection with the acquisition of a $55 million housing complex consisting of 31 two-story buildings on a 62 acre site.

  Represented an automobile dealership in the sale of its business to an automobile conglomerate for a purchase price of $8 million.

  Represented a manufacturer of juvenile consumer products and furniture in the sale of its company to a competitor, and in connection with the manufacturer's bankruptcy filing, for a purchase price of $5 million.

  Represented a New Jersey-based client that purchases and sells original equipment parts, replacement parts and cores for automobiles within the United States and internationally, in its multi-million dollar acquisition by a public corporation with offices in the United States and abroad.

  Represented an institutional lender on a line of credit loan to a New Jersey-based redeveloper in the amount of over $10 million, to be utilized for working capital and letters of credit in connection with the redeveloper’s construction of a mixed-use development in excess of one million square feet.

  Represented the Morristown Parking Authority (MPA) on general real estate matters, including leases, guaranty agreements, parking agreements, and financing arrangements. In connection with the Epstein’s Redevelopment Project on the Morristown Green, represented the MPA in various agreements with its redevelopment partners, non-profit companies, and other organizations associated with the redevelopment of the site of the former Epstein’s department store. The agreements included multiple leases, a redevelopment and parking project agreement, parking agreements, a complex cross-easement agreement, and financing documents.

  Ms. Akhtar has represented major developers in the drafting and negotiation of commercial real estate leases totaling over one million square feet of office, retail and industrial space throughout New Jersey.

  Represented privately-held Bel-Ray Company, Inc., a manufacturer and global distributor of high-performance lubricants, in its acquisition by Calumet Specialty Products Partners, L.P., headquartered in Indianapolis, Indiana.

  Represented the accounting firm of Amper, Politziner & Mattia LLP in the negotiation and structuring of its business combination with Eisner LLP, creating the accounting firm of EisnerAmper LLP, one of the largest accounting firms in the United States.

  As outside general counsel to an optical and medical device company, handled a broad array of business matters, including sales representative agreements, equipment leases, employment agreements, licensing and distribution agreements, and product liability and warranty matters.

  As outside general counsel to a food sales and marketing agency, Ms. Akhtar handles legal issues involving employment contracts, independent contractor agreements, brokerage contracts, sales and marketing agreements, and general corporate governance matters.

  Represented a major multinational manufacturing company in the drafting and negotiation of a sophisticated real estate lease covering over 170,000 square feet of industrial, warehouse, and office space.

  Represented an engineering company in its acquisition and financing of an $11 million multi-tenanted industrial building, which serves as the company’s New Jersey headquarters.

  Represented a New Jersey college in the $8 million construction loan financing of the conversion of an existing building into a dormitory.

  Represented a New Jersey developer in connection with a $45 million acquisition of real estate approved for the development of an active adult community.