F. Claiborne ("Jay") Johnston

Retired Partner

Richmond
Business Phone: 804.697.1214
Business Fax: 804.697.1339

jay.johnston@troutmansanders.com

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Jay’s practice encompasses a wide-range of corporate finance and other corporate matters and transactions, including mergers and acquisitions, securities offerings, change-in-control and related transactions, and corporate governance issues. During his career, he has served as counsel or special counsel to a number of Virginia's leading businesses.

Representative Experience
Lead attorney as designated underwriters' counsel for Dominion Resources, Inc. and subsidiaries.

Representations of issuers and underwriters in a wide range of public and private securities offerings or other corporate finance transactions.

Representations in a variety of merger, acquisition and other corporate transactions for both public and privately-held companies.

Representations of boards of directors and special committees of board of directors.

Corporate governance matters.

Representations of bank holding companies, banks, insurance companies and other financial institutions in various regulatory and financing matters.

Eskimo Pie Corporation, Board of Directors, 1992-2000.

Public Service
Library of Virginia, Board of Directors, 1997-2007; Chairman, 2001-2002

Westminster-Canterbury Corporation, Board of Directors, 1996-1999; Vice Chairman, 1999

Historic Polegreen Church Foundation, Secretary, 2006-Present

The Valentine Museum (now Richmond History Center), Board of Trustees, 1980-1989

Westminster-Canterbury Foundation, Board of Trustees, 1986-1991

Virginia Capital Representation Resource Center, President, 1996-1998, Board of Directors, 1992-2000

The Forum Club, Member

Other Distinctions
Named the Best Lawyers’ 2012 Richmond Corporate Governance Law and Corporate Law Lawyer of the Year.

Recognized as one of America's Leading Lawyers by Chambers USA in Corporate/M&A Law (2005-2011).

Named as the “Richmond Banking Lawyer of the Year” for 2011 by Best Lawyers.

Recognized in The Best Lawyers in America in Corporate Mergers & Acquisitions and Securities Law,  Banking Law,  Financial Institutions, Transactions Law, Corporate Governance and Compliance Law, and Corporate Law (1987-2012).

Named to Virginia Business magazine's Legal Elite in Business Law (2005-2010).

Named as a Virginia Super Lawyer in Mergers & Acquisitions (2006) and Securities & Corporate Finance (2007-2011).

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Education

  • University of Virginia, LL.B., 1967
  • Princeton University, A.B., 1964


Bar Admissions

  • Virginia


Memberships

  • Member, American Law Institute
  • Delegate, ABA House of Delegates, 1992-1998
  • Member, ABA Business Law Section
  • Fellow, American Bar Foundation
  • Virginia Bar Association; President, 1990; Executive Committee, 1986-1991
  • Member, VBA Business Law Committee (chair 1981-1986)
  • Fellow, Virginia Law Foundation
  • Virginia State Bar; Member, Business Law Section
  • Co-chair, VBA/VSB Joint Study Group, 1985 Revision of Virginia Stock Corporation Act
  • Bar Association of the City of Richmond
  • Association of the Bar of the City of New York
  • Adjunct Professor of Law (corporate), University of Richmond, 1974-1976
  • Board of Directors, Eskimo Pie Corporation, 1992-2000