Potomac Law Group Welcomes Daniel J. Sheridan

Mr. Sheridan has over thirty-five years of experience in mergers and acquisitions, formation, financing and governance of business entities, real estate transactions, and general commercial matters. A significant part of Mr. Sheridan’s practice entails representation of registered investment advisors in connection with the monetization of their advisory practices, whether through internal succession, external sale, or other business combination. His depth of experience in business transactions coupled with his thorough knowledge of the applicable regulatory requirements allows Mr. Sheridan to drive significant additional value for clients in this industry.

Mr. Sheridan frequently advises clients on their choice of business entity, including the potential beneficial use of the “Series LLC” structure. This structure, while somewhat novel, offers tremendous flexibility for ordering legal and economic relationships. Mr. Sheridan’s practice sometimes involves disputes among business owners, and he often helps clients successfully navigate the settlement of significant internal disagreements while at the same time preserve the underlying value of their businesses. Where appropriate, Mr. Sheridan closely collaborates with litigation counsel in the context of private company disputes, especially those involving alleged breaches of fiduciary duty and minority oppression.

Mr. Sheridan actively participates on the American Bar Association’s Committee on Limited Liability Companies and has played a key role on several of the Committee’s drafting projects, including serving as Co-Chair of a Task Force that is developing a model Security Agreement covering limited liability company interest collateral. He frequently lectures on topics related to entity planning and governance.

Mr. Sheridan earned his J.D. from Seton Hall University School of Law in 1984 cum laude. He graduated with his B.A. from Saint Joseph’s University in 1980.