Menu
Michael K. Krebs, Nutter McClennen & Fish LLP Photo

Michael K. Krebs

Co-Chair, Banking and Financial Services Practice Group / Boston

Overview

Michael K. Krebs is chair of Nutter's Corporate and Transactions Department and co-chair of the Banking and Finance practice group. Michael's areas of expertise include complex mergers and acquisitions, corporate finance and corporate governance. He also advises companies and individuals on the design and implementation of executive compensation arrangements.

Michael serves as corporate and regulatory counsel to a variety of banks, savings institutions, insurance companies, and other financial institutions. He has represented clients before various federal and state regulatory agencies, including the Federal Reserve, OCC, FDIC, the Massachusetts Division of Banks, the New Hampshire Banking Department, and the California Department of Financial Institutions.

Read More

Michael has been a lecturer at the Boston University School of Law, teaching federal securities law in the J.D. program in the spring of 2014 and, previously, for many years as part of various LL.M. programs.

Michael’s M&A experience includes the representation of:

  • Meetinghouse Bancorp, Inc., the holding company for Meetinghouse Bank, in its pending merger with Meridian Bancorp, Inc., the holding company for East Boston Savings Bank. The cash acquisition is valued at approximately $17.8 million.
  • A commercial bank headquartered in New Hampshire in its pending acquisition by a Massachusetts mutual savings bank, a transaction valued at approximately $125 million
  • A mutual savings bank located in Massachusetts in its acquisition of a national bank, a transaction valued at approximately $28 million
  • A community bank headquartered in Massachusetts in its acquisition of a network of branches on Nantucket
  • A NASDAQ-listed publicly traded community bank based in western Massachusetts, in its merger with another publicly traded bank also headquartered in western Massachusetts, a transaction valued at  approximately $108 million
  • A NASDAQ-listed community bank located in eastern Massachusetts, in its $96 million acquisition by one of the largest banks headquartered in New England
  • One of the largest community banks in Massachusetts, in both its $163 million acquisition of a publicly traded bank based in Boston, Massachusetts and its earlier $170 million acquisition of a publicly traded bank in eastern Massachusetts
  • A publicly traded mutual holding company located in eastern Massachusetts, in its acquisition by another mutual savings bank headquartered in Massachusetts
  • One of the largest community banks in Massachusetts, in its $105 million acquisition of a publicly traded bank located in southeastern Massachusetts for a combination of stock and cash
  • A New York Stock Exchange-listed insurance holding company, in its $2.2 billion acquisition by a holding company headquartered in Europe
  • A NASDAQ-listed bank holding company, in its $180 million acquisition by a publicly-traded regional banking company
  • A California-based bank holding company in its acquisitions of five banks in transactions valued at a total of approximately $150 million
  • A NASDAQ-listed company in its simultaneous acquisitions of two businesses from its majority stockholder in a transaction having a combined value of $1.6 billion, and in that client’s subsequent acquisition of a company valued at approximately $260 million
  • A New York Stock Exchange-listed specialty chemical company, in its $300 million acquisition of another chemical company
  • A NASDAQ-listed utility company headquartered in New Hampshire, in its agreement to be acquired by a New Hampshire municipality
  • A New York Stock Exchange-listed insurance holding company, in its $80 million acquisition of a multi-state insurance company and its related joint venture with a strategic partner

Michael's corporate finance experience includes:

  • A $278 million initial public offering by a community bank headquartered in Massachusetts, representing as selling agent a nationally recognized investment banking firm specializing in the financial services sector
  • An $11 million underwritten public offering by a New England-based, NASDAQ-listed banking company, representing as underwriter a nationally recognized investment banking firm specializing in the financial services sector
  • A $60 million underwritten public offering by a New England-based, NASDAQ-listed banking company, representing as underwriter a nationally recognized investment banking firm specializing in the financial services sector
  • A $38 million private placement of equity interests in a bank holding company organized as an LLC, representing the placement agent, a nationally recognized investment banking firm specializing in the financial services sector
  • A $300 million public offering of senior debt by a New York Stock Exchange–listed insurance holding company
  • A $20 million initial public offering by a bank holding company
  • An $80 million private placement of common and preferred stock and trust originated by Subordinated Capital Income Securities to fund an acquisition by a bank holding company
  • A $125 million initial public offering by an insurance company
  • A $19 million public offering of common stock by a New Hampshire utility company
  • A $49 million public offering of tax-exempt bonds by a New Hampshire utility through the Business Finance Authority of the State of New Hampshire
  • A $30 million leveraged self-tender by a manufacturing company
     

Experience

Experience

  • Bank of New Hampshire

    Acquisition of Community Guaranty Savings Bank

  • North Shore Bank

    Merger with Merrimac Savings Bank 

  • Admune Therapeutics LLC

    Sale to Novartis Institutes for BioMedical Research

  • Connecticut River Bancorp, Inc.

    Merger with Mascoma Mutual Financial Services Corporation
    $26.7 million

  • Centrix Bank & Trust

    Merger with Eastern Bank Corporation
    $134 million

News & Insights

News

Publications

Honors

Honors

  • Chambers and Partners, Leading U.S. Banking and Finance: Corporate & Regulatory Attorney,
    2005-2007 & 2011-2017
  • The Best Lawyers in America, 2017-2018
  • Massachusetts Super Lawyers, 2006-2010, 2014-2016
  • Super Lawyers Business Edition, 2011 & 2014-2015
  • Super Lawyers, Corporate Counsel Edition, 2009

Education & Admissions

Education

Boston University School of Law, J.D., cum laude

University of Pennsylvania, B.A., cum laude

Admissions

  • Massachusetts
  • New Hampshire

Notable Experience

Mike has represented clients before various federal and state regulatory agencies, including the Federal Reserve, OCC, FDIC, the Massachusetts Division of Banks, the New Hampshire Banking Department, and the California Department of Financial Institutions.

Noteworthy

Chambers and Partners, Leading U.S. Banking and Finance: Corporate & Regulatory Attorney, 2005-2007 & 2011-2017
The Best Lawyers in America, 2017-2018
Massachusetts Super Lawyers, 2006-2010, 2014-2016
Super Lawyers Business Edition, 2011 & 2014-2015
Super Lawyers, Corporate Counsel Edition, 2009