Laura M. Duane

Admissions

• New York

Education

• New York University School of Law, J.D., 2019
• University of Vermont, B.A., magna cum laude, 2012

Experience

• Duane Morris LLP
  - Senior Associate, 2025-present
  - Associate, 2019-2024

Representative Matters

• Represented a client in the acquisition of a company that has developed an AI process for the financial services industry; the transaction involved highly technical issues regarding data privacy and AI creation.

• 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.

• Represented Hover Energy, LLC, manufacturer/distributor of the Wind-Powered Microgrid™, featuring wind and solar energy generation and storage, in connection with its acquisition of all issued and outstanding membership interests in GreanLife Solar, LLC, a commercial solar development company d/b/a Shine Development Partners, and a leader in the solar energy solutions industry.

• Represented a real estate investment manager as buyer in connection with its acquisition of 50 percent of the membership interests in a seven-story residential/retail building and five-story parking garage valued at $90 million.

• Represented a global leader in environmental testing in connection with its $6.2 million acquisition by stock purchase of a provider of environmental, food, and industrial services.

• Represented a major engineering company in its multimillion-dollar acquisition of a New York-based grandfathered professional engineering corporation via a simultaneous signing and closure of a stock purchase agreement.

• Represented Secure Exchange Solutions, a leading health information technology provider, in its sale to Centauri Health Solutions, Inc., a leading provider of technology-enabled analytics and services and a portfolio company of private equity firm ABRY Partners.

• Represented a leading sports betting media group, and a developer of educational platforms within the iGaming industry, in an affiliate agreement review.

• Represented Jonas Software USA LLC, a subsidiary of Constellation Software (TSX: CSU), and Jonas Collections and Recovery Inc., as buyer, in connection with a purchase agreement with Fair Isaac Corporation (NYSE:FICO), and Fair Isaac Holdings, Inc., in which Jonas agreed to purchase the outstanding equity interests of CR Software, LLC and other assets that involve developing, marketing, offering, selling and maintaining consumer collections and recovery software products.

• Represented Cult Capital, a venture capital firm investing in consumer product brand companies in its Series A Preferred Stock investment in Act + Acre, Inc., a modern haircare wellness brand that markets a cold processed haircare line.

• Advised the client regarding a free to play app where participants participate in weekly contests for prize money selecting results in NFL games, NASCAR, PGA Golf and English Premier League.

• Represented the borrower in the drawdown of $50 million of an $800 million loan facility transaction to finance capital improvements to a toll road. This loan facility was made under the EB-5 program established by USCIS to stimulate the US economy through job creation and capital investment.

• Represented online sportsbook operator Vigtory Inc. as transaction and gaming counsel in its sale to FuboTV Inc. (NYSE:FUBO), a sports-focused streaming television service; this is the first time a media company in the U.S. has fully acquired and will operate a live sportsbook.

• Represented Evaxion Biotech (Nasdaq: EVAX), a clinical-stage biotechnology company specializing in the development of AI-driven immunotherapies to improve the lives of patients with cancer and infectious diseases, in its $30 million initial public offering. 

• Represented a major auto insurer in its $34 million dollar acquisition of a Texas-based insurer to serve as its primary platform for writing business in Texas.

• Represented Devine Holdings, LLC in its sale of three new medical marijuana dispensary licenses to Harvest Health & Recreation Inc., Arizona’s largest cannabis operator, including an undisclosed amount of cash, stock and other consideration.

• Acted as counsel to the administrative agent and sole lead arranger on behalf of a national bank to document, negotiate and close a $52 million syndicated cash flow credit facility for the management buyout of a travel and entertainment company.

• Represented a cosmetics developer in the $80 million sale of 100% of its equity interests along with its non-U.S. subsidiary to private equity sponsored platform company.