University of Notre Dame Law School, J.D., cum laude, 2012
- Notes Editor, Journal of College and University Law
Loyola University, Chicago, B.B.A., Economics, cum laude, 2009
Jim Audette is an associate in Chapman and Cutler’s Corporate and Securities Department. He participated in the firm’s summer associate program in 2011 and joined the firm in 2012.
Jim’s practice consists of a variety of corporate and securities transactions. Jim has significant experience representing registered investment companies and their sponsors. He has assisted in the creation, registration and ongoing compliance obligations of and related to several hundred unit investment trusts. He has also participated in several initial public offerings of closed-end funds. Jim has represented registered investment advisers and broker-dealers relating to a variety of filings and interactions with securities regulators, including registration statements, periodic reporting and no-action and exemptive relief requests with the SEC, CFTC and FINRA.
Jim’s capital markets and corporate governance experience includes acting as issuer's and underwriters' counsel in investment grade debt offerings for several Fortune 500 companies, including large public utilities and railroads. He has also assisted in the preparation of proxy materials for reporting companies' annual meetings and has successfully contested the inclusion of activist shareholder proposals in those materials with the SEC. In addition, Jim have served as issuer’s counsel in the initial public offering of bank holding company common stock.
Jim’s mergers and acquisition experience includes acting as buyer's counsel in several acquisitions of and asset purchases from banks and bank holding companies, including the negotiating of definitive agreements and the drafting and filing of the registration statement/proxy materials with the SEC. He has also served as seller's counsel in the acquisition of an emerging technology company by a private equity fund.
Prior to attending law school, Jim completed a finance internship with RMB Capital Management and taught courses on the law school admissions test for Kaplan Test Prep and Admissions. He also worked in a Chicago-based creditors' rights law firm as a clerk, analyzing credit reports and assets, and as a research assistant examining constitutional issues regarding the Thirteenth Amendment.
- Representation of investment advisers and broker-dealers in matters regarding their organization, federal and state registration, preparation of offering materials, regulatory analysis and compliance obligations.
- Representation of several hundred unit investment trusts and their sponsors in matters regarding their organization, federal and state registration, primary and secondary market offerings, advertising and continuing compliance obligations. These funds have consisted of equity securities, municipal bonds, corporate bonds, U.S. Treasury securities, preferred stocks, real estate investment trusts, shares of other investment companies and derivatives.
- Representation of underwriters in connection with investment grade senior notes offering of NYSE-traded energy company.
- Representation of a NYSE-traded national railroad in connection with its investment grade senior notes offering.
- Representation of a regional bank in its acquisition of a national bank’s Chicago area branches.
- Representation of a bank holding company in its acquisition of several community banking organizations.
- Representation of an emerging technology company being acquired by a private equity fund.
- Representation of a bank holding company in its initial public offering.
- Representation of a bank holding company in its registration of securities offered pursuant to a merger.
- Defining “Gainful Employment” and Other Reforms in Federal Educational Lending, Journal of College and University Law, 2012