James J. Wheaton

Partner

Practice Group Leader

Virginia Beach
Business Phone: 757.687.7719
Business Fax: 757.687.1501

jim.wheaton@troutmansanders.com

vCard

Representative Experience
Representation of acquirers and targets in mergers, including transactions in the media, government contracts, financial services, hospitality and internet services industries

Representation of publicly held companies in securities law matters, including consultation with and assistance in the preparation of their periodic reports under the Securities Act of 1934 and their compliance with federal securities laws

Representation of NYSE listed REIT in corporate and securities law matters, including complex recapitalization involving partial self-tender offer exchanging equity for debt securities, SEC going-private filing, listing of new class of securities on NYSE, and delisting of several classes of securities from NASDAQ

Designated underwriters’ counsel for a total of more than $2.5 billion in equity and debt offerings by major Southeastern U.S. public utility holding company and subsidiaries

Formation of joint ventures in the financial services, publishing, internet services, and cable industries

Representation of underwriters and issuers in private placements of debt and equity securities

Representation of company engaged in retail tax preparation business throughout the United States and Canada in private debt and equity placements, strategic acquisitions, and venture capital negotiations

Representation of issuers in initial public offerings

Participation as underwriter's counsel for regional NYSE member firms in public offerings, including several initial public offerings and transactions involving hotel REITs

Representation of a Scandinavian public company in the divestiture of a major subsidiary to a U.S. public company

Representation of public company in going-private transaction involving multiple stockholder classes

Both the sale and acquisition of network affiliate television stations

Representation of second largest shareholder of a major provider of internet content and services related to the pre-owned vehicle industry in the formation of that entity and the licensing of content to the new entity

Formation of a nationwide publishing joint venture involving operating businesses in more than 30 states

Presentations and Speaking Engagements
Presenter, "MD&A in Troubled Times: More Important Than Ever," SEC Institue's 24th Midyear SEC Reporting Forum, June 2009 (New York)

Presenter, “The Quest for the Best MD&A”, SEC Institute’s 22nd Midyear SEC Reporting Forum, May and June 2007 (Washington, D.C. and New York)

Presenter, "The Quest for the Best MD&A and CD&A," SEC Institute's 24th Annual National SEC Reporting Conference, December 2008 (San Diego)

Presenter, “The Quest for the Best MD&A," SEC Institute’s 23rd Annual National SEC Reporting Conference, December 2007 (San Francisco)

University of Virginia School of Law, teaching a course on business entities, 1995-1998

Lectured nationally and statewide on e-commerce issues and the subject of limited liability companies as part of legal and accounting continuing education programs

Publications
Several publications related to limited liability company issues and co-author of the "Virginia Limited Liability Company Forms and Practice Manual"

"Virginia or Delaware? No Reason to Leave the Old Dominion," Virginia Lawyer, June/July 2003

Public Service
Chairman, Board of Commissioners of the Virginia Public School Authority, 2002-2008
Member, Trustees Council of the Virginia Symphony, 2004-2008
Member, Board of Directors, Virginia FREE, 2000-2006
Board of Directors of the Governor's School for the Arts Foundation
Chair, Chesapeake Division of the Hampton Roads Chamber of Commerce, 2004
Served for almost ten years on the School Board of the City of Chesapeake, Virginia
Executive Board, Tidewater Council, Boy Scouts of America, 2009-present

Other Distinctions
Ranked 2 - Corporate/M&A: Southern Virginia in 2010 edition of Chambers USA

Named as "Norfolk Area Best Lawyers Corporate Lawyer of the Year" for 2009.

Named to Virginia Business magazine's Legal Elite in Business Law (2002-2009) and Intellectual Property (2000, 2003).

Recognized in The Best Lawyers in America in Corporate Law (2005-2011), Mergers & Acquisitions Law (2005, 2009-2011), Securities Law (2005, 2007-2011), and Venture Capital Law (2007-2011)

Recognized as one of America's Leading Lawyers for Corporate and Mergers and Acquisitions by Chambers USA (2005-2009).

Named to the 2006 Virginia Super Lawyers list for Business/Corporate Law and the 2007-2010 lists for Mergers & Acquisitions.

Work Experience
Partner, Troutman Sanders LLP, 2001-present
Partner, Willcox & Savage, P.C., Norfolk, Virginia, 1991-2001
Lecturer, University of Virginia School of Law, 1995-1998
Law Clerk, Honorable J. Dickson Phillips, Jr., U.S. Court of Appeals for the Fourth Circuit, 1985-1986
Practice Group Leader, Mergers, Acquisitions & Business Ventures

print

Education

  • University of Virginia, J.D., 1985
    Executive Editor, Virginia Law Review
    Order of the Coif
  • Wake Forest University, B.S., 1982
    Omicron Delta Kappa, Mortar Board


Bar Admissions

  • Virginia


Memberships

  • Chair, Business Law Section, Virginia Bar Association, 2009-present
  • Chair, LLCs, Partnerships and Unincorporated Entities Committee, American Bar Association Business Law Section, 2007-present
  • Chair, Board of Governors of the Business Law Section of the Virginia State Bar, 2003-2005
  • ABA Business Law Section Advisor to the Committee on the Harmonization of Business Entity Acts of the National Conference of Commissioners on Uniform State Laws, 2009-present
  • Co-chair, Uniform Laws Coordinating Committee, American Bar Association Business Law Section, 2010-present