Eddie Best

Partner at Mayer Brown LLP

Eddie Best

Eddie Best

Partner at Mayer Brown LLP

Biography

(Mayer Brown)
Edward S. Best
Partner


"Edward Best's 'extremely quick mind' makes him a popular figure among lawyers and clients alike. 'He is never stumped by a question...'"

Chambers USA
Edward Best joined Mayer Brown in 1986 and steadily built a successful capital markets and corporate law practice. Today, he is co-leader of the firm's Capital Markets and Financial Institutions groups and serves on Mayer Brown's Partnership Board. He is widely recognized as one of the nation's leading capital markets attorneys. Eddie's experience includes:

Capital Markets. Representing issuers and underwriters in connection with public and Rule 144A offerings of debt, equity, convertible and hybrid securities in the US and Europe; continuously offered debt and equity programs; liability management transactions, including equity and debt self-tenders, exchange offers, and consent solicitations; particular emphasis on offerings by financial institutions, including banks, insurance companies, brokers and specialty finance companies, and cross-border offerings.

Mergers and Acquisitions. Counseling buyers, sellers, and financial intermediaries in connection with public and private acquisitions, joint ventures, divestitures, mergers, tender offers, and proxy contests.

General Corporate Practice. Advising companies regarding Securities Act and Exchange Act compliance, NYSE and NASDAQ compliance, corporate governance, and Sarbanes-Oxley Act matters.

Chambers USA noted that "Edward Best's 'extremely quick mind' makes him a popular figure among lawyers and clients alike. 'He is never stumped by a question . . ..'" Eddie has been described as "Aptly named, as he's one of the best in town," and as "A 'stand-out debt and equity' lawyer." Legal500 recommended Eddie in "Capital Markets - Debt Advice to Issuers" and "Capital Markets - High-Yield - Advice to Managers," noting that Eddie is "chief amongst [Mayer Brown's excellent partners]." Eddie is also listed in Who's Who Legal, Best Lawyers in America for Securities Law, the Guide to the World's Leading Capital Market Lawyers, The International Who's Who of Capital Markets Lawyers (2007), and the International Who's Who of Business Lawyers (2008). In addition, he has been named among the "Leading Lawyers" in Illinois in the categories of Corporate Finance Law, Mergers and Acquisitions Law, and Securities and Venture Finance Law.



Areas of Focus
Banking & Finance
Emerging Markets
Corporate & Securities
Capital Markets
Financial Institutions M&A
Mergers & Acquisitions
Insurance
Israel
Latin America
Life Sciences

Education
Loyola University Chicago School of Law, JD, cum laude 1986
Research Editor, Loyola University of Chicago Law Journal
University of Illinois at Urbana-Champaign, AB 1983

Admissions
Illinois 1986

Activities
American Bar Association, Sub-committee on Federal Regulation of Securities
Adjunct Professor of Law, Illinois Institute of Technology Chicago-Kent School of Law, 1996, 1997

Languages Spoken
English


Media Coverage
30 October 2012

Client helps law firm buck weak M&A trend
Chicago Daily Law Bulletin (subscription required)
Corporate & Securities partners Eddie Best (Chicago), Jim Woods (New York) and Bill Kucera (Chicago) are quoted on Mayer Brown's relationship with ACE Limited and how two recent transactions highlight a change in the insurance mergers and acquisitions market.
Legal Update
28 June 2012

SEC Adopts Compensation Committee Listing Standards and Compensation Consultant Disclosure Rules
Mayer Brown Legal Update
The U.S. Securities and Exchange Commission (SEC) has adopted its “Listing Standards for Compensation Committees,” implementing Section 952 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act), which added Section 10C to the Securities Exchange Act of 1934.
Book
10 April 2012

The Social Media Revolution: A Legal Handbook
Second Edition
This handbook presents a concise guide to many of the key legal issues businesses confront as a result of social media. At the end of this handbook we offer an FAQ with short answers and page references for further discussion of some of the most pressing issues faced by in-house and outside counsel. At the end of each substantive section of the handbook we have included Recommendations to Reduce Risk; these are preventative measures that companies can consider adopting to deal with the complex issues that social media present.
Legal Update
5 April 2012

Jumpstart Our Business Startups Act Makes Significant Changes to Capital Formation, Disclosure and Registration Requirements
Mayer Brown Legal Update
The Jumpstart Our Business Startups Act makes significant changes to the capital formation, disclosure and registration requirements applicable to many companies. Among other things, the Act creates a new class of public company, increases the holders of record thresholds that trigger registration and reporting requirements, and amends the Securities Act of 1933 to facilitate private placement of securities. We review the Act and offer practical considerations for the companies and potential investors.
Article
July-August 2011

Tweeting Transactions: Social Media, Business Combinations & the Federal Securities Laws
Co-author
Deal Lawyer Vol. 5, No. 4
Legal Update
1 March 2011

Considerations for Preparing the 2010 Annual Report on Form 20-F
Mayer Brown Legal Update
While there are no new changes to Form 20-F that apply to the fiscal year ended December 31, 2010, recent significant regulatory developments, particularly the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) and related rules, as well as guidance recently issued by the Securities and Exchange Commission (SEC), will affect the preparation by foreign private issuers of their 2010 Form 20-Fs.
Legal Update
9 April 2010

The 2009 Annual Report on Form 20-F—Considerations and Recent Changes
Mayer Brown Legal Update
This Securities Update summarizes changes affecting foreign private issuers’ annual reports on Form 20-F and sets forth certain considerations in connection with the preparation of the 2009 Form 20-F.
Media Coverage
10 March 2010

Investors tap into deathbed bond deal
Wall Street Journal Online
Eddie Best quoted on bonds that come with a survivor’s option, saying “there's nothing in a typical prospectus that would prohibit such deals…. While issuers didn't intend for them to be used to make a quick buck ‘there are people out there who will figure out how to game almost anything in the world.’”
Legal Update
5 January 2010

US Securities and Exchange Commission Adopts Executive Compensation and Other Disclosure Changes
Mayer Brown Legal Update
The US Securities and Exchange Commission has adopted rule changes titled “Proxy Disclosure Enhancements.” The new rules primarily address disclosures regarding executive compensation (including policies and practices regarding risk management), director qualifications and background, involvement in legal proceedings, governance structure, and compensation consultants.
Legal Update
10 November 2009

US Securities and Exchange Commission Proposes Mandatory Credit Ratings Disclosure and Other Actions Relating to Rating Agencies
Mayer Brown Legal Update
In October 2009, the Securities and Exchange Commission proposed rules requiring disclosure of credit ratings used by registrants in connection with registered offerings of securities. See Release Nos. 33-9070; 34-60797; IC-28942, available at http://www.sec.gov/rules/proposed/2009/33-9070.pdf.
Legal Update
30 October 2009

US SEC Staff Offers Guidance On Exclusion of Shareholder Proposals from Company Proxy Statements
Mayer Brown Legal Update
Rule 14a-8(i) of the Securities Exchange Act of 1934 provides a list of the permitted, non-procedural reasons for an issuer to exclude a shareholder proposal from its proxy statement. Rule 14a-8(i)(7) allows an issuer to exclude a proposal that “deals with a matter relating to the company’s ordinary business operations.”
Media Coverage
16 October 2009

SPAC market unravels
Source Media
Edward Best quoted on SPACs. Subscription required.
Legal Update
24 February 2009

Securities Update - SEC Adopts Mandatory Use of Interactive Data for Financial Reporting
Mayer Brown Legal Update
The US Securities and Exchange Commission has published its final rules on “Interactive Data to Improve Financial Reporting.” These rules require companies to provide their financial statements in interactive data format using the eXtensible Business Reporting Language in specified filings with the SEC, as well as on their corporate web sites.
Article
1995

Acquisition Structuring in the Aftermath of Epstein v. MCA, Inc.
Co-author
Insights, Vol. 9, No. 7, p. 2
Article
1988

Full Service Brokerage and Glass-Steagall
Co-author
4 Rev. Fin. Service Reg. 59
Article
1987

Multi-Currency Global MTNs
Co-author
International Financial Law Review
Article
1987

Judicial Restraint on Bank Regulatory Issues
3 Rev. Fin. Services Reg. 47
In his recent survey, Financial Market Structure: A Longer View (1987), E. Gerald Corrigan of the New York Federal Reserve Bank aptly commented that "[t]he speed and scope of change we are seeing in our financial markets and institutions have taken on a revolutionary character." Inescapable forces of change — technological, economic, and competitive — are at work in the financial services industry, and the barriers between classes of financial institutions are becoming increasingly blurred.

Past Events
Event
20 March 2012 - 21 March 2012

Staying Ahead of the Revolution: What’s Next for Social Media?
Speakers: Archis A. Parasharami Navigate To Archis A. Parasharami Business Card, Edward S. Best Navigate To Edward S. Best Business Card, Vincent J. Connelly Navigate To Vincent J. Connelly Business Card, Anthony J. Diana Navigate To Anthony J. Diana Business Card, Rebecca S. Eisner Navigate To Rebecca S. Eisner Business Card, Marcia E. Goodman Navigate To Marcia E. Goodman Business Card, Michael E. Lackey Navigate To Michael E. Lackey Business Card, Lori E. Lightfoot Navigate To Lori E. Lightfoot Business Card, A. John P. Mancini Navigate To A. John P. Mancini Business Card, John Nadolenco Navigate To John Nadolenco Business Card, Nicholas Robertson Navigate To Nicholas Robertson Business Card, Jeffrey P. Taft Navigate To Jeffrey P. Taft Business Card, Howard W. Waltzman Navigate To Howard W. Waltzman Business Card
Event
1 December 2011

Strategic M&A: The Art Of Winning a Deal
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Seminar
16 November 2011

Perspectives on Transatlantic Insurance M&A
Mayer Brown Seminar presented in New York
Speakers: David W. Alberts Navigate To David W. Alberts Business Card, Edward S. Best Navigate To Edward S. Best Business Card, Lawrence R. Hamilton Navigate To Lawrence R. Hamilton Business Card, Martin Mankabady Navigate To Martin Mankabady Business Card, Colin Scagell Navigate To Colin Scagell Business Card
Webinar
May 2011

Tackling Social Media Issues
thecorporatecounsel.net Webinar
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
March 2011

Social Media and Federal Securities Law
Mayer Brown Social Media Revolution Conference
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Teleconference
13 May 2010

Restructuring Bank Balance Sheets—Hybrid Capital
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Teleconference
6 May 2010

Restructuring Bank Balance Sheets—Capital/Liability Management Techniques
Speakers: David S. Bakst Navigate To David S. Bakst Business Card, Edward S. Best Navigate To Edward S. Best Business Card
Conference
2007

Transatlantic Management: Establishing and Managing American Israeli Companies
AmericaBiz Conference (Israel)
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Seminar
2007

H-P: There Has To Be a Better Way
MBR&M Corporate University
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2006

Open Architecture for Structured Products: Illusion or Inevitability?
Structured Products Association Autumn 2006 Conference
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2006

Venture Capital Opportunities for Israeli Companies
Israel Venture Association
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2006

Risk Factors Disclosure in Financial Products: Safe Harbor for Forward-Looking Information
International Bar Association Conference
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2005

Director Liability
MBR&M Corporate University
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2004

The Future of Pharmaceutical Pricing Rebates and Related Concerns: Securities Law Compliance Issues
SRI Pharmaceutical Pricing Conference
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2003

Understanding the Securities Laws; Reach of Securities Regulation
Practicing Law Institute
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2002

Securities Act Overview
Practicing Law Institute
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2002

Alphabet Soup of Innovative Financial Instruments
MBR&M Corporate University
Speakers: Edward S. Best Navigate To Edward S. Best Business Card
Conference
2002

Going Private Transactions
SRI 4th Annual Private Equity Roundup
Speakers: Edward S. Best Navigate To Edward S. Best Business Card



Listed in both Chambers Global (2012) and Chambers USA (2012) for Capital Markets: Debt & Equity
Listed in The International Who's Who of Capital Markets Lawyers 2012
Listed in Best Lawyers in America for Securities Law
"His easygoing manner, knowledge and hands-on approach make his clients extremely comfortable" Chambers Global 2012 - Capital Markets; Debt & Equity: US
He is lauded as a 'very strong lawyer' in capital markets work on behalf of major insurance companies.” Chambers USA 2011 - Insurance: Transactional & regulatory: Illinois
Named as a "Leading Lawyer" in the IFLR Guide to the World's Leading Capital Markets Lawyers
Named to Leading Lawyers in Illinois in Corporate Finance Law, Mergers & Acquisitions Law, and Securities & Venture Finance Law
Named in Legal 500 - Capital Markets - Debt offering - for providing "excellent underwriter counsel"
Named as one of 24 "Best of the Best 2010" capital markets lawyers by The Legal Media Group Guides to the World's Leading Lawyers
Named in The Legal Media Group Guides to the World's Leading Lawyers as a leading capital markets lawyer
"Aptly named as he's one of the best in town." "A 'stand-out debt and equity' lawyer." - Who's Who Legal

Overview
RelSci Relationships

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Relationships
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Partner at Mayer Brown LLP

Relationship likelihood: Strong

Partner at Mayer Brown LLP

Relationship likelihood: Strong

Partner at Mayer Brown LLP

Relationship likelihood: Strong

Partner at Mayer Brown LLP

Relationship likelihood: Strong

Partner at Mayer Brown LLP

Relationship likelihood: Strong

Partner at Mayer Brown LLP

Relationship likelihood: Strong

Partner at Mayer Brown LLP

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Chairman at Mayer Brown LLP

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Senior Partner at Mayer Brown LLP

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Senior Partner, London at Mayer Brown LLP

Relationship likelihood: Strong

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Eddie Best
Partner at Mayer Brown LLP
Career History
Partner
Current

Mayer Brown LLP provides legal services in areas of banking and finance; corporate and securities; litigation and dispute resolution; antitrust and competition; U.S. Supreme Court and appellate matters; employment and benefits; environmental; financial services regulatory and enforcement; government and global trade; intellectual property; real estate; tax; restructuring, bankruptcy and insolvency; and wealth management. The company was founded in 1881 and is headquartered in Chicago, IL.

Transactions
Details Hidden

Assured Guaranty Ltd., Assured Guaranty Corp. purchase MBIA UK Insurance Ltd. from MBIA, Inc.

Details Hidden

TA Associates Management, L.P. purchases Orion Advisor Technology LLC

Details Hidden

Assured Guaranty Ltd., Assured Guaranty Corp. purchase Radian Asset Assurance, Inc. from Radian Group, Inc.

Other Affiliations

Eddie Best is affiliated with Mayer Brown LLP

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Eddie Best. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Eddie Best's profile does not indicate a business or promotional relationship of any kind between RelSci and Eddie Best.