With the help of Drummond Woodsum attorneys Michael-Corey Hinton and Aaron Pratt the Passamaquoddy Tribe recently closed a major sale of verified carbon offset credits generated from Tribal trust lands. By encouraging natural forest growth over 98,000 acres of Tribal land, the project preserves stored carbon in the forest and enables an additional revenue stream through the sale of carbon offsets, also known as carbon credits. "The Passamaquoddy carbon offset project was a multilateral success that embodies true Tribal Nation building through environmental conservation and natural resource-based economic development that will benefit the Tribe for decades to come," said Hinton. READ MORE
For more than 15 years, Drummond Woodsum has served as the outside general counsel for Stonewall Kitchen, Maine's premier specialty food brand, providing advice and assistance in corporate, litigation, employment, and intellectual property matters. When the company decided to offer Centre Partners, a leading private equity firm in the food and consumer products arena, an opportunity to make a significant investment in Stonewall Kitchen, Drummond Woodsum business attorneys Michael High and Jeana McCormick were there to guide the process. The complex transaction, which closed on October 24, 2014, required significant efforts by Drummond Woodsum to ensure that the Company was best prepared for the next stage in the growth of its brand for a national and international market.
The Forest Society of Maine chose Drummond Woodsum to help close the deal on the second-largest conservation easement in US history, which conserves woods, waters, and mountains in the Moosehead Lake region of Maine. The 363,000-acre easement provides a bridge between existing conservation lands, conserving the land and ensuring public access for recreation. The easement also permits forestry that meets the standards of the Sustainable Forestry Initiative and other conservation guidelines, allowing sustainable forest products to continue to benefit the local economy. The easement was developed and funded in partnership with The Nature Conservancy and the Plum Creek Timber Company.
Drummond Woodsum's Indian Law Services Group is representing the Penobscot Indian Nation in federal court litigation to protect the tribe's hunting and fishing rights in the Penobscot River. The Nation's aboriginal homeland is centered on the Penobscot River, and its culture is closely tied to the River and its resources. Drummond Woodsum lawyers have served the Penobscot Nation for over 20 years.
In the late 1800s, the building now known as The Inn at Diamond Cove was a military barracks at the north end of Great Diamond Island in Portland, ME. In June 2015, it opened as a full-service inn comprised of 22 condominium units, restaurant, pool and other amenities. This rehabilitation was authored by Bateman Partners in collaboration with their partners at the Portland Harbor Hotel across Casco Bay. This project was complex, particularly in the permitting and financing, the latter involving heavy use of State and federal tax credits, successfully negotiated by our lawyers at Drummond Woodsum in what is surely an historic rehabilitation of regional significance.
Representing Asylum seekers through the Immigrant Legal Advocacy Project (ILAP)
David Sherman is one of six attorneys at Drummond Woodsum who has represented asylum seekers through the Immigrant Legal Advocacy Project based in Portland, Maine. As an attorney with over 25 years of litigation experience, David Sherman cites his day in Immigration Court as one of the proudest moments of his career. "Basically the judge's decision saved my client's life."
Drummond Woodsum and its attorneys are proud to support the Immigrant Legal Advocacy Project and represent people in search of a safe and better life.
After serving as its outside general counsel since its inception, Drummond Woodsum was proud to guide 4tell™ Solutions through a major strategic investment by Rubicon Technology Partners. Rubicon is based in Menlo Park, California, and focuses exclusively on technology investments. 4tell™ , based in Portland, Maine, is a leading provider of SaaS platform solutions for Real Estate and Infrastructure Performance Management to the government, education, healthcare and commercial real-estate industries.
Drummond Woodsum helped the bankruptcy trustee for Great Northern Paper Company, negotiate a complex global settlement with the papermaker's lenders, owners, and managers that will yield a substantial dividend to unsecured creditors, including hundreds of small businesses in northern Maine. At the commencement of the bankruptcy case, these creditors stood to receive nothing. With the expertise of Jeremy Fischer, Jeff Piampiano, and Drummond Woodsum's Bankruptcy, Restructuring & Creditors' Rights group, however, the trustee aggressively investigated, negotiated, and settled a broad range of claims, resulting in a court-approved settlement that will provide a $1.34 million recovery to these creditors.