Asher J.
Friend
- Position
- Partner
- Office
- New Orleans
Asher Friend is a partner in the Corporate Practice Group and a member of the firm's M&A and private equity and corporate and securities and executive compensation teams.
Asher focuses his practice in the areas of mergers and acquisitions, private equity, securities, and general corporate law.
Asher has developed significant experience in the hospitality, healthcare, energy, and technology industries, including representing clients in myriad acquisitions, divestitures, joint ventures, and related corporate transactions involving hotels, casinos, bars, restaurants, nightclubs, food service businesses and retail products, healthcare systems, practices and ancillary assets, energy and oil-field service assets, and other related core intellectual property assets.
Throughout the course of his professional career, Asher has represented clients at each stage of the growth cycle: from emerging, start-up, privately owned companies to mature, publicly traded companies, with a concentration in M&A transactions, public and private offerings of debt and equity securities, and advising and assisting clients through the entire spectrum of related corporate and transactional matters.
Asher speaks frequently to business, legal, and industry groups, and partners with local and national organizations to deliver presentations on a variety of topics ranging from recently passed legislation to the growth and development of businesses, to the promotion and enhancement of the New Orleans entrepreneurial community.
Noteworthy
- The Best Lawyers in America®, Corporate Law, Mergers and Acquisitions Law, Securities Regulation (listed annually since 2023)
- New Orleans Magazine, Top Lawyer (2021–2023)
- Louisiana Super Lawyers, "Rising Star," Business & Corporate (2016–2017)
Experience
M&A Transactions:
- Represented a privately held gaming and hospitality conglomerate in the strategic acquisition of multiple international casino/resort assets and operations
- Represented a privately held hospitality and management company in the acquisition of nationally and internationally branded restaurant, bar and nightclub assets
- Represented a private equity firm in its portfolio acquisition of a commercial manufacturer and co-packer of consumer products in the coffee and tea industry
- Represented a privately held food product and service company in the sale of tangible and intangible assets of its water bottling and distribution business
- Represented a privately held food product and service company in the acquisition of tangible and intangible assets related to the production and distribution of selected business segments from affiliates of a publicly traded food and beverage company
- Represented selling stockholders in a stock sale to a publicly traded electric distribution and transmission services company
- Represented a private equity firm in its portfolio acquisition of an oilfield service provider specializing in offshore well completion and intervention equipment and technical services
- Represented a privately held surgical suite directed sales company in a stock sale to a Japan-based international product distribution company
- Represented the existing management of an energy investment boutique in the acquisition of its common stock from a publicly traded diversified global financial services holding company
- Represented privately held technology company in the sale of its satellite and radio frequency-based assets to strategic publicly traded purchaser
- Represented publicly traded national provider of home health and hospice services in multiple acquisitions of privately held home health and hospice organizations throughout North America
Securities Offerings:
- Represented a publicly traded offshore exploration and production company in the simultaneous public offerings of common stock, preferred stock, and senior notes
- Represented a publicly traded oilfield services company in a public offering of common stock and the simultaneous repurchase of common stock
- Represented a publicly traded oilfield services company in a tender offer for outstanding senior notes and the follow-on issuance and exchange of senior notes
- Represented a publicly traded death care service provider in a tender offer for outstanding senior subordinated notes and the follow-on issuance and exchange of senior notes
- Represented a publicly traded community bank holding company in a private placement of common stock
- Represented a publicly traded marine construction services company in a private placement of common stock and a public offering of common stock
- Represented publicly traded diving and offshore construction company in secondary offerings of common stock owned by its former parent corporation
Publications
- "Cleaning Up the Clutter," Jones Walker LLP Corporate Client Alert, November 19, 2020
- "Cleaning Up the Clutter," Jones Walker LLP Banking & Financial Services Newsletter, November 19, 2020
- "Enhancing the 'Access' in Accessibility to Private Capital (Part Deux): SEC Adopts Expanded Definition of 'Accredited Investor'," Jones Walker LLP Corporate Client Alert, September 2, 2020
- "Beyond the Blog — COVID-19 Weekly Recap — July 26, 2020," Jones Walker LLP Disaster Prep & Recovery Client Alert, July 26, 2020
- "Enhancing the 'Access' in Accessibility to Private Capital: SEC Proposes Expanded Definition of 'Accredited Investor' Under Regulation D," Jones Walker LLP Corporate Client Alert, February 2020
- "Survival of the Smartest: Funding Sources for Biotech and Life Sciences Companies," Jones Walker LLP Healthcare Client Alert, January 2020
- "Treasury Identifies Oil and Gas, Petrochemical, Maritime, Financial Services, and Real Estate as CFIUS Focus Areas," Jones Walker LLP Corporate Client Alert, October 2019
- "SEC Further Delays Target Date for Adoption of Final Crowdfunding Rules," Jones Walker LLP Corporate & Securities Client Alert, January 12, 2015
- "Jumpstart Our Business Startups Act − Part "Deux":
SEC Adopts Rules Authorizing General Solicitation & Advertising in Connection with Certain Private Offerings," Jones Walker LLP Corporate & Securities EBulletin, July 17, 2013 - "Offshore Energy and Jobs Act: Curtailing Federal Government Barriers to Offshore Energy Production," Jones Walker LLP Corporate & Securities EBulletin, July 10, 2013
- "JOBS ACT: House Subcommittee Address Barriers to Capital Markets for Smaller Companies," Jones Walker LLP Corporate & Securities EBulletin, June 1, 2013
- "NASDAQ & SharesPost to Launch Private Company Stock Exchange," Jones Walker LLP Corporate & Securities EBulletin, March 18, 2013
- "SEC Proposes Amendments to Rules 506 and 144A to Remove Prohibition on General Solicitation & General Advertising," Jones Walker LLP Corporate & Securities EBulletin, September 7, 2012
- "Jumpstart Our Business Startup Act: A New Horizon for Emerging Businesses," Jones Walker LLP Corporate & Securities EBulletin, April 2012
- "Aliyah to New Orleans," The Jewish Newsletter, November 2, 2011
- U.S. Supreme Court Holds Statistically Insignificant Information can be "Material" Under Federal Securites Laws, April 14, 2011
- "Developing Your Negotiating Embouchure: Practical Considerations for Success in M&A Transactions," Inside the Minds: M&A Negotiations, September 1, 2010
- "SEC Adopts Simplified Reporting and Disclosure Requirements for Small Business Issuers," Jones Walker LLP Corporate and Securities EZine, February 29, 2008
Presentations
- Tulane University Law School 2025 Transactional Bootcamp, New Orleans, Louisiana, January 8, 2025
- "Home Grown Startup Success," New Orleans Entrepreneurship Week (NOEW), March 24, 2022
- "Legal Minute," IDEAinstitute, November 2020
- "The Ongoing Impact of COVID-19 in Energy and the Economy — A Regulatory, SEC and M&A Perspective," Louisiana Energy Conference, New Orleans, Louisiana, May 27, 2020
- "What’s Percolating? Next Up for the Future of New Orleans Business," ACG Capital Connection, New Orleans, Louisiana, October 17, 2019
- “Forming Limited Liability Companies”, August 29-30, 2019
- “Mergers and Acquisitions of Privately-Held Companies”, August 29-30, 2019
- "Now Your Grandma Can Fund You, Legally: Crowdfunding and the Evolving World of Entrepreneurship and Capital Raising," New Orleans Entrepreneur Week, New Orleans, Louisiana, March 17, 2016
- "JOBS Act Update: Capital Raising and Crowdfunding," New Orleans BioInnovation Center, New Orleans, Louisiana, February 18, 2016
- "Private Capital Raising", January 21, 2016
- "Vital First Steps of an Acquisition", November 21, 2015
- "Negotiating Cross Border Transactions," Southwestern M&A and Private Equity Forum, Houston, Texas, June 16, 2015
- "Drafting Workshop: LLC Operating Agreements, A Step-by-Step Walkthrough Guide," National Business Institute, New Orleans, Louisiana, December 16, 2014, New Orleans, Louisiana
- "Law and Entrepreneurship," Entrepreneurial Business Law Society, Intellectual Property Law Society, and Phi Alpha Delta, Loyola University New Orleans College of Law, New Orleans, Louisiana, October 30, 2014
- "The JOBS Act: A New Horizon for Private Funds", May 7, 2014
- "Check Yourself Before You Wreck Yourself: The JOBS Act & The New World of Raising Private Capital," 2014 New Orleans Entrepreneur Week, March 28, 2014
- "The JOBS Act & The New World of Raising Private Capital," 2014 New Orleans Entrepreneur Week, March 28, 2014
- "Term Sheet Face-Off: A Mock Negotiation," Innovation Louisiana 2013, New Orleans BioInnovation Center, November 20, 2013
- "Outside Funding 101: What Every Entrepreneur Needs to Know," Innovation Louisiana 2013, New Orleans BioInformation Center, November 19, 2013
- "Organizational Structure, Partnership Agreements, and Building Your Founding Team," Louisiana Film and Entertainment Association Seminar, November 13, 2013
- "A Whole New World - SEC (Finally) Adopts Rules under the JOBS Act: Removing Restrictions on General Solicitation and Advertising - But Wait . . . What Now," 7th Annual Hedge Fund General Counsel Summit, New York, New York, October 1, 2013
- "The JOBS Act - Part Deux: SEC Adopts Rules Authorizing General Solicitation & Advertising in Connection with Certain Private Offerings," New Orleans BioInnovation Center, September 9, 2013
- "Feeling Conflicted? Identifying and Resolving Conflicts of Interest from the Board's Perspective," ACC Houston Chapter Meeting, Houston, Texas, July 9, 2013
- "Organizational Structure, Documents, and Your Founding Team," The Idea Village, November 27, 2012
- "Building Your Founding Team," New Orleans BioInnovation Center, November 13, 2012
- "20th Annual Cutting Edge Entertainment Law Seminar," Music Business Institute, September 27, 2012
- "Jumpstart Our Business Startups Act: A New Horizon for Emerging Businesses," 2012 SEC Institute, Metairie, Louisiana, September 24, 2012
- "Building Your Founding Team: Should You Mix Business with Pleasure," The Idea Village, September 12, 2012
- "JOBS Act Seminar: A New Horizon for Emerging Businesses," Lafayette, Louisiana and New Orleans, Louisiana, August 20, 2012
- "Business Contacts A to Z," National Business Institute, August 7, 2012
- "Raising Capital," Jones Walker LLP Quick Start: A Brief Overview of Some Critical Legal Issues for Start-Up and Emerging Businesses, July 19, 2012
- "Jumpstart Our Business Startups Act: A New Horizon for Emerging Businesses," New Orleans BioInnovation Center, May 16, 2012
- "Jones Walker LLP 4-in-4 Program," Idea Village New Orleans Entrepreneur Week 2012, March 4, 2012
- "Helping your Client Buy or Sell a Small-to-Medium Sized Business," National Business Institute, October 31, 2011
- "Angel and A-Round Equity Financing—Issues and Process," Idea Village's Entrepreneur Week, March 21, 2011
- "Choice of Entity and Corporate Formation," New Orleans, Louisiana, January 5, 2011
- "Mergers and Acquisitions—What Corporate Counsel Needs to Know," Essential Issues Affecting In-House Counsel and Corporate Attorneys, Association of Corporate Counsel Louisiana Chapter CLE, Loyola University New Orleans College of Law, New Orleans, Louisiana, September 24, 2010
Memberships
- American Bar Association, Health Law Section
- American Cancer Society, Real Men Wear Pink New Orleans Ambassador (2018)
- Jewish Federation of Greater New Orleans, Board of Directors; Lemann-Stern Young Leadership Program; Selection Committee Chair for the Lemann-Stern Leadership Development Program Class (2015–2017)
- Anti-Defamation League (Advisory Board, South Central Regional Office)
- Association for Corporate Growth Louisiana
- Louisiana State Bar Association
- New Orleans Regional Leadership Institute, Board of Directors
- Texas State Bar Association
Education
- Tulane University Law School
JD, cum laude, 2003 - Indiana University
BA, 1999
Bar Admissions
- Texas
- Louisiana