William H. Clark, Jr. is a Partner in the Corporate & Securities Practice Group of Drinker Biddle and Reath LLP where his practice is focused on corporate governance, mergers and acquisitions, general business law and government affairs.
He advises the boards of directors of public companies and their standing committees on issues of corporate governance, and he has represented several special committees established to deal with particular transactions or investigations. Mr. Clark represents both publicly-traded and privately-owned companies in mergers and acquisitions as either buyer or seller. He also represents for-profit and nonprofit entities in connection with the establishment and governance of joint ventures.
Mr. Clark drafted the statutes that have been enacted in California, Hawaii, Maryland, New Jersey, New York, Vermont, and Virginia authorizing the organization of benefit corporations, which is a new form of business corporation that has as one of its corporate purposes creating positive benefits for society and the environment.
He is the reporter for a special committee of the ABA Business Law Section, that prepared the Third Edition of the Model Nonprofit Corporation Act, which was issued in 2009. He was the ABA reporter for a joint project of the ABA and the National Conference of Commissioners on Uniform State Laws that drafted the Model Entity Transactions Act, which permits mergers between differing forms of entities and the conversion of an entity from one form of organization to another. He was also the reporter for the NCCUSL drafting committee that prepared the Model Registered Agents Act.
He graduated summa cum laude from Amherst College, earned a J.D., magna cum laude, from Temple University and received a master's degree from Westminster Theological Seminary.
Mr. Clark is the author of Bloomberg BNA Corporate Practice Portfolio Series No. 92, Benefit Corporations.
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