Richard A. Wiley
Of Counsel
Boston
Mr. Wiley's business law practice reflects his substantial law firm, corporate and public sector experience. He advises companies and not-for-profit organizations on a wide range of issues, including corporate finance and securities transactions and mergers and acquisitions.
Companies involved in high technology applications are a particular focus of Mr. Wiley's practice. He helps them secure venture capital and other financing, structure business combinations and asset purchases and sales, and resolve intellectual property conflicts.
Mr. Wiley serves on the boards of directors of various companies, many of them involved in electronic and computer technologies. These include Carlo Gavazzi Computing Solutions, Inc. of Brockton, MA (electronic components manufacturer), Nomadic Structures, Inc. of Springfield, VA and its affiliates Nomadic Display Capitol, Inc. and Nomadic Display-New York, Inc (display systems manufacturer), and NP Medical, Inc. of Clinton, MA (medical devices manufacturer). He is also on the board of directors of Nypro, Inc. of Clinton, MA (plastic products and contract manufacturer), and serves as Chairman of the Board of Massachusetts Higher Education Assistance Corporation (Boston-based federal student loan guarantee agency).
In addition to his corporate work, Mr. Wiley advises a number of not-for-profit clients. He defends them against various claims, helps maintain their tax-exempt status, and advises them on business operations and arrangements.
Mr. Wiley formerly served as Executive Vice President of Bank of Boston Corporation and an Executive Vice President of The First National Bank of Boston. He was also a Director of both of the Bank's venture capital corporations. As part of his work he was responsible for staff services functions which encompassed approximately 1,200 employees in the law, risk management, community investment, marketing and communications, procurement, MIS, human resources, general services and strategic planning departments.
Mr. Wiley was appointed by President Gerald Ford, with Senate confirmation, to serve as General Counsel (Assistant Secretary) of the Department of Defense. In that capacity he was responsible for all legal services performed within or involving the Department of Defense. His work included professional management and supervision of all approximately 5,500 military and civilian lawyers employed by the Department of Defense throughout the world, exercised through the three Military Department General Counsels, the four service Judge Advocates General and the General Counsels of direct Defense agencies. He had previously served in the U.S. Marine Corps Reserve and as a U.S. Air Force Judge Advocate's Officer.
Bars and Court Admissions
Massachusetts
U.S. District Court for the District of Massachusetts
U.S. Court of Military Appeals
Supreme Court of the United States
Representative Experience
The following is a brief summary of Richard's experience and accomplishments:
For a venture-stage software company: successfully enjoined the U.S. public offering of a foreign software corporation because of corporate name conflict; created a trust to insulate the company's intellectual property from the automatic licensing provisions of a software consortium; and managed the sale of the company to a publicly-held acquirer for $460 million
Settled a substantial claim asserted by U.S. Government Cabinet department against a non-profit financing entity and designed new corporate organization structure to implement settlement
Structured and negotiated the outsourcing, by a series of sales of assets and service contracts, of the marketing and sales and operations functions of a non-profit supplemental student loan guarantor, to a for-profit corporation specializing in the securitization of student loans
Negotiated complete reorganization of initial capital structure of a computer-aided design corporation to prepare for outside venture capital financing
Represented a major Japanese trading company seeking to purchase operating assets of a key software supplier out of a U.S. bankruptcy proceeding
Obtained favorable Internal Revenue Service ruling for tax-exempt status for a new entity to act as an independently financed secondary market purchaser of guaranteed student loans
professional / civic involvement
American Bar Association, Member.
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