St Johnsbury, VT 05819-2241
Responsive, client-focused corporate and commercial transactional attorney.
As a director in and Vice Chair of Downs Rachlin Martin's Business Law Group, Mary Parent works with a wide variety of local and national businesses to advise them with respect to corporate, commercial, and transactional matters. When Mary engages with a client, she does so at the strategic level, collaborating with clients to propose solutions that benefit their businesses. Mary's clients describe her as responsive to their needs and goals, and appreciate how she documents their transactions in a reasonable manner, using plain English documents, without "over-lawyering." She has experience with a broad range of transactions from financing, intellectual property, venture capital, mergers and acquisitions to succession planning and assisting non-profit corporations with obtaining 501(c)(3) status.
Before joining DRM, Mary was associated with Choate, Hall & Stewart LLP in Boston, where her work included general corporate and securities matters, debt and equity financing, private placements and mergers and acquisitions.
- Acts as “outside general counsel” for numerous clients, handling all of their day-to-day contractual and legal needs.
- Represented family-owned grocery store in asset sale to large grocery chain, drafting and negotiating purchase agreement and related documentation.
- Advised a U.S. client in connection with the purchase of assets of a U.S. manufacturing facility, including conducting extensive due diligence and handling, at times, difficult negotiations. In doing so, she worked closely with the company's general counsel, who was located in Switzerland, to successfully close the transaction, even when a "deal breaker" issue almost caused it to not close on the eve of closing.
- Represents a technology client expanding its business worldwide with negotiations with its customers and sales representatives, and works with the team at DRM to ensure protection of the client’s intellectual property, confidentiality and compliance with regulatory requirements, including REACH, in each new country where client is selling products.
- Assisted a client with formation of 501(c)(3) non-profit corporation, including working with the client to secure expedited IRS review of application. As a result of rapid IRS approval, the client was able to apply for and secure grant funding for a significant project.
- Worked with owner of well-known restaurant to sell stock in the business, together with real estate where restaurant was located, preparing documentation to help ensure a smooth transition and preservation of the goodwill.
- Represented engineering firm in acquisition by another engineering firm, including negotiation of transfer of government contracts.
- Routinely prepares local counsel opinions for Vermont and New Hampshire financings.
- Negotiates and prepares loan documentation, including enforceability opinions, on both the lender- and borrower-side, for loans secured by solar projects.
- Created forms of subcontract for an energy efficiency corporation doing business in multiple states, and worked with the client to develop a process to streamline the creation, review, approval and organization of the contracts.
- Assists a manufacturing client with the negotiation of leases for the client’s manufacturing and laboratory facilities in various U.S. states and Canadian provinces.
- Handles contracting process for an NGO that subcontracts projects funded by state and federal grants, from implementation of forms to production of each individual contract and ensuring government compliance is met, including filing of FFATA reports.
- Prepares various intellectual property-related agreements, including license agreements, non-disclosure agreements and consulting agreements.
Boston College Law School, J.D., 2002
Smith College, B.A., 1998
U.S. District Court, District of Massachusetts, 2002
New Hampshire, 2006
- Caledonia County Bar Association
- New Hampshire Bar Association
- Vermont Bar Association
Recognized as one of Vermont Business Magazine's 2014 Rising Stars
- Trustee and corporator of the Northeastern Vermont Regional Hospital; Vice Chair of Philanthropy Committee
- Member of the Union Bank St. Johnsbury regional advisory board
- Corporator of the St. Johnsbury Development Fund
- Chair of Vermont Bar Association professional responsibility hearing panel
- Past president and former board member of the St. Johnsbury Chamber of Commerce
- Past Vice Chair and member of the Board of Directors of the Fairbanks Museum and Planetarium
"We were in negotiations on a deal that had the potential to be a ground shift moment for Angstrom, but we kept hitting road blocks. Some of the issues we faced were logistical because we were negotiating with an overseas company. But there were bigger issues that kept manifesting as something else. We had retained DRM on other game-changing matters, so we turned them for help once again and Mary Parent proved anew why the firm is such a good fit for us. She maneuvered her schedule to make time-zone challenged meetings possible, and used her no-nonsense communication style to get to the crux of what was actually holding up the deal. Once she understood the real objection, she proposed a smart business solution that was to both our benefit and satisfaction.
Now, we are going to be selling our products not just in North America but in Europe, Australia and parts of Asia. Mary’s guidance, recommendations and dogged efforts made it happen."
President & CEO, Angstrom Technologies