Edward U. Lee III

Partner, Co-Chair of Business and Corporate Law Section
blank image Edward U. Lee III

Edward U. Lee III

Partner, Co-Chair of Business and Corporate Law Section
Baltimore T: 410.347.8704 F: 410.223.3484
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Edward U. Lee III

Edward U. Lee III

PARTNER, CO-CHAIR OF BUSINESS AND CORPORATE LAW SECTION
elee@whitefordlaw.com
BALTIMORE
T: 410.347.8704
F: 410.223.3484
Biography
BIOGRAPHY

Mr. Lee is a trusted advisor to middle market companies on complex commercial, financial and transactional matters, regularly advising clients on deals ranging from small acquisitions to transactions valued in the hundreds of millions. An experienced counselor to privately held companies, he is familiar with the business issues they face in growing, managing, and at times restructuring their businesses to succeed in hypercompetitive markets. In addition to his experience in M&A, divestitures, finance and general business advice, Mr. Lee has an extensive background representing developers and other companies in a range of matters involving improved and unimproved real estate, as well as in workouts and prebankruptcy planning. His representations include portfolio acquisitions and dispositions, joint ventures, single and multi-property secured financing and corporate level financing transactions.  Because of the scope of his practice, he is regularly called on by middle market companies to serve in the role of outside general counsel and works with practices across the firm to address client needs.  

Recognitions

  • The Best Lawyers in America®, Real Estate Law (2011–Present)
  • The Daily Record Power List of Business Law Attorneys (2024)
 

Memberships & Activities

  • Member: Maryland State Bar Association
  • Member: American Bar Association, Business Law Section, Committee of Middle Market and Small Business

Mergers and Acquisitions

Experience with all aspects of the mergers and acquisition process, including pre-transaction planning, and corporate clean-up; negotiations and deal drafting and documentation; and closing and other post-closing matters. Representative transactions include:
  • Sale of health information technology government contractor with roll-over equity. Transaction value approximately $250,000,000.
  • Sale of non-profit hospital health system to out-of-state, for-profit buyer including disposition of all real estate, professional office and other buildings; outpatient, ambulatory, physician management; and other ancillary healthcare practices and businesses including equity interests in multiple JV entities. Transaction value approximately $61,000,000.
  • Sale of full service revenue management firm specializing in the healthcare industry. Transaction value approximately $50,000,000.
  • Multi-stage sale of equity interests in private-equity financed acquisition with founder roll-over equity. Transaction value approximately $28,500,000.
  • Acquisition of distributed database technology company.
 

Finance

  • Representation of borrowers in numerous single-lender and syndicated ABL financings ranging in value from $5,000,000 to $200,000,000.
  • Representation of borrowers in numerous real estate based financings ranging in value from $7,500,000 to $119,000,000.
  • Lender’s counsel for senior care facility financings including those under the HUD 232 mortgage insurance program.
  • Representation of HUD insured secured mortgage lender in chapter 11 cases of specialty nursing care facilities resulting in approved 363 sale and change of operator.
 

Real Estate

  • $181M retail portfolio sale involving disposition of approximately 50 properties and purchase of approximately $150M of replacement retail properties.
  • $165M industrial property sale. 
  • Biomanufacturing facility lease totaling approximately 180,000 sf.
  • Apartment project acquisitions including related debt and equity financing, average value of approximately $100M.
  • Multiple additional 2022 purchase and sale transactions with an aggregate value in excess of $350M.

ARTICLES

March 20, 2020

Client Alert: SBA Loan Program for Businesses Economically Impacted by Coronavirus

The U.S. Small Business Administration's (“SBA”) Economic Injury Disaster Loan (“EIDL”) program provides low interest loans to small businesses suffering substantial economic injury as a result of the Coronavirus.

The small business or private non-profit must have its principal office located in a state that has been declared a disaster area, which, currently, include D.C., Delaware, Maryland, Pennsylvania and Virginia. Loans under the EIDL program are for up to $2,000,000 with interest rates capped at 3.75% for small businesses, and 2.75% for private non-profits. Loan proceeds may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of Coronavirus’s impact.
August 17, 2023 - Honors & Awards

A Record 87 Whiteford Attorneys Listed in Best Lawyers in America 2024, Ten Selected as “Ones to Watch”

87 lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2024 (copyright 2023 by Woodward/White, Inc., of Aiken S.C.). New practice areas of recognition include CleanTech Law and Entertainment and Sports Law. The lawyers selected are based in the firm’s Delaware, Maryland, Pennsylvania, Virginia and Washington offices. Client comments are posted on the Best Lawyers website, at bestlawfirms.com.
August 18, 2022 - Honors & Awards

73 Whiteford Attorneys Listed in Best Lawyers in America 2023, Six Selected as “Lawyer of the Year”

73 lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2023 (copyright 2022 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Delaware, Maryland, Pennsylvania, Virginia and Washington, D.C. offices. Client comments are posted on the U.S. News & Best Lawyers web site, at bestlawfirms.com.
August 19, 2021 - Honors & Awards

75 Whiteford Attorneys Listed in Best Lawyers in America 2022, Eight Named “Ones to Watch”

A record 75 lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2022 (copyright 2021 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Delaware, Maryland, Pennsylvania, Virginia and Washington offices. Client comments are posted on the U.S. News & Best Lawyers web site, at bestlawfirms.com.
August 20, 2020 - Honors & Awards

71 Whiteford Attorneys Listed in Best Lawyers in America 2021, Six Named “Lawyer of the Year”

A record 71 lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2021 (copyright 2020 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Delaware, Maryland, Pennsylvania, Virginia and Washington offices. Client comments are posted on the U.S. News & Best Lawyers web site, at bestlawfirms.com.
August 15, 2018 - Honors & Awards

57 WTP Attorneys Listed in Best Lawyers in America 2019, Four Named "Lawyer of the Year"

57 lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2019 (copyright 2018 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Delaware, Maryland, Virginia and Washington offices. Client comments are posted on the U.S. News & Best Lawyers web site.
August 15, 2017 - Honors & Awards

59 WTP Attorneys Listed in Best Lawyers in America 2018, Two Named "Lawyer of the Year"

59 lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2018 (copyright 2017 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Maryland, Washington and Virginia offices. Client comments are posted on the U.S. News & Best Lawyers web site, at bestlawfirms.com.

In addition, two lawyers were selected as “Lawyer of the Year” for their particular areas of practice.

August 15, 2016 - Honors & Awards

59 Whiteford, Taylor & Preston Attorneys Listed in Best Lawyers in America, 2017, Eight Named as "Lawyers of the Year"

Fifty-nine lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2017 (copyright 2016 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Maryland, Washington and Virginia offices.

In addition, eight lawyers were selected as “Lawyers of the Year” for their particular areas of practice. 

August 20, 2014 - Honors & Awards

63 Whiteford, Taylor & Preston Attorneys Listed in Best Lawyers in America, Four Named as "Lawyers of the Year"

Sixty-three lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2015 (copyright 2014 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Maryland, Washington and Virginia offices.

In addition, four lawyers were selected as “Lawyers of the Year” in the Baltimore region for their particular areas of practice.

August 15, 2013 - Honors & Awards

61 Whiteford, Taylor & Preston Attorneys Listed in Best Lawyers in America; Nine Named as "Lawyers of the Year"

Sixty-one lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2014 (copyright 2013 by Woodward/White, Inc., of Aiken S.C.). The lawyers selected are based in the firm’s Maryland, Washington and Virginia offices, including the firm's new Roanoke office.

In addition, nine lawyers were selected as “Lawyers of the Year” in their jurisdictions and areas of practice.

December 31, 2012 - Honors & Awards

Sixty-Four Whiteford Attorneys Named Super Lawyers and Rising Stars in Maryland, Delaware, Virginia

Whiteford, Taylor & Preston is pleased to announce that 64 of its attorneys are listed among the 2013 Super Lawyers and Rising Stars in three states.

The firm is particularly proud of the young lawyers who are recognized as “Rising Stars”; the four partners who are listed in the Top 100 in Maryland – Edward Buxbaum, Edwin Fee, William Ryan, and Dwight Stone; and the 16 who are named for the first time this year.

October 17, 2012 - Honors & Awards

60 Whiteford, Taylor & Preston Attorneys Listed in Best Lawyers in America Five Named as "Lawyers of the Year"

Sixty lawyers from Whiteford, Taylor & Preston have been selected by their peers for inclusion in The Best Lawyers in America® 2013 (copyright 2012 by Woodward/White, Inc., of Aiken S.C.).

This represents an increase of seven over last year.  The lawyers selected are based in the firm’s Maryland, Washington and Virginia offices.

In addition, five lawyers were selected as “Lawyers of the Year” in their jurisdictions and areas of practice.

July 1, 2009 - News

Seven LEED APs in WTP's Green Practice

WTP's Green Construction & Sustainability Group is pleased to announce that seven of the lawyers in the group are LEED Accredited Professionals.

June 22, 2007 - News

175+ Contractors and Developers Attend WTP's Building with BRAC Breakfast

Over 175 contractors, developers and government officials attended Whiteford, Taylor & Preston's inaugural BRAC Breakfast Briefing, Building with BRAC, on June 18, 2007.  Headlined by Congressman Dutch Ruppersberger, the construction-focused event at the Maryland Maritime Institute featured presentations by attorneys Robert F. Carney, Heather A. James, Edward U. Lee, and Michael A. Stover.

"It was one of the most informative BRAC sessions I've attended," noted one of the attendees from the construction industry.

January 9, 2006 - News

Whiteford, Taylor & Preston Elects Seven New Partners

Whiteford, Taylor & Preston L.L.P. is pleased to announce that seven attorneys have been elected partners. The firm congratulates Edward U. Lee III, Dana O. Lynch, Cameron J. MacDonald, Raymond L. Marshall, Aryeh E. Stein, Ilana Subar, and Eric A. Vendt.