Richard Lippe is a partner in the firm’s Real Estate and Litigation practice groups. He has been responsible for complex federal and state litigation, municipal and zoning work, and the representation of art galleries, artists and non-profit organizations.
Richard’s public offerings include a California-based community bank and many New York City and Long Island based companies. Richard was the lead attorney in the initial public offering of Long Island-based Arbor National Holdings, Inc (NASDAQ). He continued to serve as counsel and a member of the Board of Directors and Compensation Committee of this leading public mortgage banking company until it was purchased by Bank America. Dick also acts as counsel to investment bankers and venture capitalists in New York City and Long Island. Richard was a member of the Board of Directors and Chairman of the Compensation Committee of the Raytech Corporation, (New York Stock Exchange) until it was taken “private”. Meltzer Lippe represented the company in this transaction. He has also served on the board of many Long Island-based companies including: Arbor Commercial Mortgage, LLC (financial services) and the Collaborative Group, Ltd. (Biotechnology-based provider of manufacturing and product sales to the biopharmaceutical and healthcare industries). He is the Managing Trustee of Keene, Raytech and U.S. Minerals Asbestos Settlement Trusts with total assets in excess of $150 million.
With substantial legal experience in the computer industry, he served as outside General Counsel to Cheyenne Software, Inc. until it merged with Computer Associates. His responsibilities included representing Cheyenne in both domestic and international mergers and acquisitions. He was a founder, General Counsel and a member of the Board of Directors of the Long Island Software and Technology Network (LISTnet). Richard was also a member of the Board of Directors and General Counsel to the Long Island Life Sciences Initiative (LILSI). To assist financing high technology companies, Richard was one of the founders and first Chairman of the Long Island Angel Network. He also served as a member of NYSTAR – a state agency responsible, in part, for funding industry and educational high technology initiatives.
Experienced in shareholder and corporate litigation cases, he was co-lead counsel in a successful class action brought against Teledyne, Inc. in connection with its squeeze-out of minority shareholders in Continental Motors which, at the time, was a large publicly-listed company on the New York Stock Exchange. Richard was co-lead counsel in a shareholder’s action which was successfully settled against Fabergé, Inc. in connection with the claim that it had disseminated false and misleading earnings projections. He was plaintiff’s counsel in an action brought against American Honda that prevented it from terminating the distributorship of its largest motorcycle franchise. In another case, Richard was successful in securing a preliminary injunction under the Lanham Act from the Federal Court in New York on behalf of a major company in the vitamin and food supplement industry. The Federal Court granted extraordinary preliminary relief to the firm’s client by requiring the defendant to disseminate “corrective” letters to a large number of distributors and retail stores located throughout the country.
In addition, Richard served as Deputy Nassau County Attorney. His immediate superior was Jack. Weinstein who would go on to become Chief Judge of the United States District Court, Eastern District of New York.