James Sanderson

Associate

  • James Sanderson
  • Phone: +1 212 404 8757

    Import to Address Book

  • Duane Morris LLP
    22 Vanderbilt
    335 Madison Avenue, 23rd Floor
    New York, NY 10017-4669
    USA

James A. Sanderson practices in the area of corporate law, focusing on financing and restructuring transactions in the sports, gaming, technology and financial services industries.

Mr. Sanderson is a 2022 graduate of Brooklyn Law School, where he was notes editor of the Brooklyn Journal of International Law, recipient of the Seymour and Hannah Rosen Endowed Scholarship Award (given to one student in the law school most likely to lead a business), and recipient of CALI awards in Secured Transactions and International Investment Law. Mr. Sanderson is a graduate of Amherst College, where he played men’s basketball and was power forward on the team that won the 2013 NCAA Division III National Championship.

Prior to law school, Mr. Sanderson worked as a paralegal at an international law firm.

Representative Matters

  • Represented an independent alternative asset manager in connection with its investment in an SPV through a highly-structured Put and Call Agreement sponsored by a fund of a specialized investment group, which will be used to make add-on equity purchases and purchase of equity in new portfolio companies.

  • Represented StateHouse Holdings, Inc., a CSE- and OTCMKTS-listed, vertically integrated cannabis company operating throughout California, in connection with an upsizing of its existing Series A Notes loan facility from Pelorus Equity Group, a leader in financing real estate build-outs in the cannabis sector. Under the terms of the loan modification, Pelorus provided an incremental term loan of $7.5 million, bringing the total loan under the Series A loan agreement to $15 million and extending the maturity date.

  • Represented the Virgin Islands Public Finance Authority (PFA) in connection with its $100 million loan from FirstBank Puerto Rico secured by a $134 million CD and owned by the USVI Government, which will use the loan proceeds for disaster related recovery projects; to advance $45 million towards a buyout of an infrastructure agreement between the Virgin Islands Water and Power Authority (WAPA) and its main fuel supplier; and WAPA’s acquisition of liquefied propane gas facilities from the supplier.

  • Regularly advise one of the major credit rating agencies on transactions with respect to issues of contract law and state and federal public contracting regulations.

Admissions

  • New York

Education

  • Brooklyn Law School, J.D., 2022
    - Notes Editor, Brooklyn Journal of International Law
  • Amherst College, B.A., 2016

Experience

  • Duane Morris LLP
    - Associate, 2022-present
  • Sullivan & Cromwell LLP
    - Paralegal, 2016-2019