IRVING L. ROTTER is a partner in the New York office and chair of the firm’s Project Finance and Infrastructure practice. He has represented sponsors, lenders, equity participants, contractors and offtakers in project finance transactions and buyers and sellers in mergers and acquisitions.
Mr. Rotter’s project finance experience includes representing the construction contractor and provider of contingent subordinated indebtedness for the FLAG project, the first project financing for a transoceanic fiberoptic telecommunications network, and representing a consortium of developers of two lignite-fired electric generating facilities using a structure that resulted in the project debt being off balance sheet to both the developer and the utility acquiring the facilities. Mr. Rotter has also represented developers, lenders and equity investors in traditional and alternative energy projects, biofuels projects, and natural resources projects; lenders and equity participants in industrial project finance projects; equity participants in the sale and leaseback of nuclear power plants; and equity participants in a variety of equipment and facility leveraged lease financings including power plants, communications equipment and aircraft. Mr. Rotter also has extensive experience representing lenders and borrowers in restructuring energy, alternative energy and biofuels projects.
Mr. Rotter’s merger and acquisitions experience includes representing acquirors and sellers in domestic and cross border transactions in a host of industries including energy, telecommunications, software, semiconductor, fiberoptic, automotive, cable television, paper and food. Mr. Rotter represented AIG in the acquisition of Kinder Morgan Inc., AIG Highstar and Ontario Teachers’ Pension Plan Board in the acquisition of InterGen N.V., which owned 10 power plants located in six countries and AIG Highstar in the subsequent sale of its 50% interest in InterGen N.V., a transaction that was named India Deal of the Year by the India Business Law Journal. Other transactions in which Mr. Rotter has been involved include the acquisition by CMS Energy of the Zeeland Power Generation Facility, the sale by CMS Energy of its interest in the Midland Cogeneration Venture, Lucent Technologies’ acquisition of Chromatis Inc., Lucent Technologies’ acquisition of Ortel Corporation and AT&T’s disposition of AT&T Submarine Systems.
Mr. Rotter frequently lectures on project finance and has taught seminars on project finance in the United States, China, Japan, the Philippines, Korea, Italy, Greece and Israel. He recently served as a consultant to the Carnegie Endowment for International Peace in connection with the development of Principles of Conduct for Nuclear Exporters, a code of social responsibility adopted by the major exporters of nuclear power plants.
Mr. Rotter served as a law clerk to the Honorable William C. Canby, Jr., United States Court of Appeals for the Ninth Circuit. In 2008, Mr. Rotter was named by BTI Consulting on the basis of a survey of Fortune 1000 companies, as a member of the BTI Client Service All-Star Team for Transactional Lawyers, and in 2007 he was named by BTI Consulting as a member of the BTI Client Service All-Star Team for law firms. Mr. Rotter is consistently selected for inclusion in Chambers USA and has been recognized in the 2014 and 2015 editions of the IFLR1000 as a “Leading Lawyer” in Project Finance in the United States.