Arthur A. Cohen

Practices

Industries

Education and Clerkships

J.D., Columbia Law School, 1979, Harlan Fiske Stone Scholar, Journal of Law and Social Problems

B.A., Yale University, 1976

Bar Admissions

New York

Texas

District of Columbia

New Jersey

Profile

Arthur Cohen has represented financial institutions and project developers on major infrastructure projects throughout the U.S. and the world for more than 25 years.  Arthur is consistently turned to by clients who value and respect his knowledgeable advice and leadership on significant transactions, and appreciate his understanding of how to best help them achieve their business goals.

Arthur’s industry focus includes energy, electric power, transportation, sports facilities and other infrastructure. Over the course of his career, Arthur has worked on all facets of project development, including: shareholder and partnership agreements; construction contracts; power and steam sales contracts; operation and maintenance agreements; equity commitments and guarantees; and state support agreements. He has represented lenders, borrowers, purchasers and sellers in a wide variety of transactions, including acquisitions and divestitures, financings, and joint ventures and other strategic alliances. Arthur has also represented both developers and lenders in restructuring troubled projects. Arthur’s abilities in these areas are aided by his prior experience as a Managing Director at GE Capital which helped Arthur develop an efficient and business-friendly approach, with a practical real-world understanding of how businesses work and a sound grasp of financial principles.

As co-chair of the firm's Projects Practice Group and chair of the firm's Joint Ventures Group, Arthur splits his time among the firm's Washington, D.C., Houston and New York offices. Arthur is a recognized bar leader and currently serves as Vice-Chair of the Project Finance Committee of the ABA's Business Law Section and was Chair from 2007-2011. From 2001-2007 Arthur served on the Steering Committee (and in 2004/6 as Chair) of the District of Columbia Bar's Corporation, Finance and Securities Law Section. Arthur is also a member of the Tribar Opinion Committee and is a Trustee of the American College of Commercial Finance Lawyers.

Arthur is an adjunct professor at Georgetown Law Center where, for the last 10 years, he has taught a course on Project Finance. When not working on behalf of his clients, Arthur is frequently asked to speak to industry professionals on a wide variety of topics, including LNG projects, airport development, sports stadium financings, solar and wind energy, and challenges of project development in emerging markets.

Recent Speeches and Publications

  • Moderator, "Exploration, Transportation and Exportation of Liquefied Natural Gas: Current Challenges and Potential Responses," (2014 ABA Business Law Section Annual Meeting, Chicago)
  • "Blue Skies Ahead? Drawing from Deal Experience to Finance New Airport Projects," 8th Annual North American Energy & Infrastructure Finance Forum, September 11-12, 2013
  • "Due Diligence Issues in Project Acquisitions," (2013 ABA Annual Meeting, San Francisco)
  • Moderator, "Field of Dreams: Developing and Financing Stadiums," (2012 ABA Annual Meeting, Chicago)
  • Moderator, "How the Markets are Harmonizing Natural Gas and Alternative Energy Fuel Sources" (Haynes and Boone Seminar, September 22, 2011)
  • "Secrets of Success in Project Finance in Emerging Markets" (2011 ABA Annual Meeting, Toronto)
  • "How Bright is the Future for Solar PV?" (Lawrence Graham LLP Seminar, April 6, 2011)
  • "Project Finance in Asia: What's Hot and Why" (2010 ABA Annual Meeting, San Francisco)
  • Mr. Cohen was the primary editor/author of the "Model Consent to Assignment for Project Finance Transactions" (with Commentary) published in The Business Lawyer, Vol. 67, August 2012.

Professional and Community Activities

  • American Bar Association, Vice-Chair of Project Finance and Development Committee of the Section on Business Law (Chair, 2007-2011)
  • American College of Commercial Finance Lawyers

Selected Client Representations

  • InterOil Corporation as lead developer of an LNG liquefaction facility to be co-located with an oil refinery in Papua New Guinea, including establishment of a joint venture and related financing matters
  • Representation of Deutsche Bank in the financing of the first closed-loop biomass power plant in the U.S., located on Kauai in Hawaii
  • Representation of FMC Corp. in connection with the development of a gas pipeline project in Argentina
  • Representation of Celanese Corp. in a $900 million joint venture transaction between Celanese and Mitsui for development and construction of the first new methanol production facility in the U.S. in more than 20 years, to be co-located near Houston with Celanese’s manufacturing campus in Clear Lake
  • Representation of Atlas Air Worldwide Holdings in an international joint venture
  • Representation of Celanese Corp. in a $150 million repowering project to convert its Narrows, Virginia, manufacturing facility from coal to natural gas
  • Bank of America in providing a $90 million credit facility to the San Antonio Spurs NBA basketball team, part of which was used to finance a new arena
  • An environmental company in connection with the development and project financing of a chemical facility in Georgia
  • ConocoPhillips in connection with the auction-sale disposition of a chemical facility
  • ZVUE Corporation in connection with its acquisition of eBaum's World, a popular video website
  • KBC Bank in the restructuring and sale of the Wolf Hollow project in Texas
  • PPL Global in connection with the development and construction of its Shoreham and Edgewood power plants in Long Island, NY, and the sale of the output of such plants to the Long Island Power Authority
  • Owners of the Minnesota Vikings NFL franchise in connection with the project-financed acquisition of the team
  • General Electric Company in connection with its participation in the Dabhol Power Project, a US$3.1 billion project financing of a power plant in the state of Maharashtra, India
  • Sellers and acquirers in various auction sale transactions
  • Nabors Industries Ltd. in many matters, including its reorganization into a Bermuda company
  • Bidders in an acquisition bid of almost $1 billion for three New York City power plants aggregating over 2,000 megawatts

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