Philip W. Romohr

Philip Romohr represents banks and other financial institutions with regard to banking and regulatory matters, loans and finance transactions, and general commercial and corporate law issues.

Prior to joining Smith Anderson, Philip was Vice President, Associate General Counsel at Pacific Western Bank (formerly Square 1 Bank), a commercial bank that serves entrepreneurs and venture capital firms in the technology and life sciences industries.

Prior to joining Pacific Western Bank, Philip practiced in the Boston office of an international law firm where he advised clients on securities, private equity, and private investment fund matters, as well as general corporate law.

Outside of the office, Philip’s interests include golfing, spending time with his kids in the Y Guides program and taking family trips.

Recognition

Research Editor, Duke Law Journal

Education

• Duke University School of Law, J.D., high honors, 2006
• University of Nebraska – Lincoln, B.S.B.A., Economics, highest distinction, 2003
  • University Honors Program

Bar & Court Admissions

• North Carolina Bar Association
• Wake County Bar Association

• Represented a Nasdaq-listed bank holding company in its assumption of all customer deposits and certain other liabilities, and acquisition of substantially all loans and certain other assets, of a bridge bank, as successor to the failed bank subsidiary of a Nasdaq-listed bank holding company, from the Federal Deposit Insurance Corporation, as receiver for the bridge bank.
• Advised a venture bank in a financing of its senior credit agreement with a real estate company.
• Advised a venture bank in a financing of its senior credit agreement with a technology-enabled services company.
• Advised a venture bank in a financing of its senior credit agreement with a software company that develops marketing software for business-to-consumer companies.
• Advised a venture bank in a financing of its senior credit agreement with an insurance brokerage company.
• Advised a venture bank in a financing of its senior credit agreement with a developer of a sales engagement platform.
• Advised a venture bank in the financing of a senior credit agreement with a company specializing in portable dental care for in-need patients.
• Advised a venture bank in a financing of its senior credit agreement with an all-in-one business solution for farmers selling direct.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in human resources and staffing.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in on-premises performance marketing cloud powering digital screens for brick and mortar businesses.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in fiber solutions.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in digital vision care solutions and online vision test services.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in risk reduction programs.
• Advised a venture bank in a financing of its senior credit agreement with an AI company that supports DSOs, dentists, dental groups, insurance companies and health plans.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in healthcare products.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in operation of a biotechnology company.
• Advised a venture bank in a financing of its senior credit agreement with a company specializing in platforms for integrated security and risk management.
• Represented a commercial bank on numerous matters for its venture lending division:
  • Drafted and negotiated over 350 credit agreements with Life Sciences and Technology borrowers.
  • Advised bankers on deal structure.
  • Counseled bankers and credit personnel on contract language and associated legal risks.
  • Managed legal responsibilities of client’s warrant portfolio.
• Prepared prospectuses, shareholder reports, proxy statements, and management contracts for open- and closed-end mutual funds.
• Advised mutual fund clients on complex securities law questions.