Anne Phillips Ogilby
Anne provides transactional and general counseling advice to health care, higher education, and other non-profit entities. She is the practice group leader of the firm's public finance group and former co-chair of the firm's health care group. Anne also devotes a significant portion of her time to general corporate counseling, including advising boards of directors on fiduciary duties, as well as operational and compliance matters.
- Anne has led many corporate affiliations, divestitures, and restructurings of health care systems, higher educational institutions, and independent schools, including mergers of colleges and universities; mergers and affiliations among academic medical centers and community hospitals; and mergers, spin-offs, joint ventures, and disaffiliations involving universities, academic medical centers and health care systems. She has negotiated and restructured many academic affiliation agreements between universities and affiliated teaching hospitals.
- Anne has participated in more than 300 tax-exempt and taxable financings. She was the author of the 2008 request to the SEC that resulted in a no action letter permitting tax-exempt borrowers to bid in their own auctions for auction rates securities, thereby providing an exit mechanism for clients caught in the collapse of the auction market. She is particularly familiar with the challenges facing non-profit institutions in financial distress and structuring and restructuring multiple entity obligated groups.
- Anne also advises a number of medical schools and independent research institutions, particularly those focused on genomic research, on corporate, tax, and other matters.