Timothy B. Bancroft
Of Counsel
Boston
tbancroft@goulstonstorrs.com+1 617 574 3511Timothy B. Bancroft
Of Counsel, Boston
tbancroft@goulstonstorrs.com+1 617 574 3511Related Expertise
Public companies and growing private companies work with Tim Bancroft on a range of mission-critical matters.
Tim advises clients on securities, public company M&A, venture financing, and other business matters. In addition to serving as outside general counsel, Tim also advises public company boards on a broad range of matters. His experience includes initial public offerings and private placements, guiding ongoing corporate and securities matters and transactions, and taking public companies private.
Tim works regularly on international transactions, with a particular focus on China, where he has been working with China-based companies since 1996. Tim’s clients range from emerging and established companies in Internet and other high-technology areas to investors in early-stage companies.
Serving Communities in Need
In addition to his robust corporate practice, Tim works on a number of refugee-assistance pro bono projects, including Kids In Need of Defense (KIND), the International Refugee Assistance Project (IRAP), and the Political Asylum/Immigration Representation Project (PAIR).
Having lived in Latin American countries for part of his childhood, Tim finds it particularly rewarding to work directly with refugee children to provide them assistance on their immigration cases.
Related Representative Matters
Special Committee of Sogou Inc. in Tencent Holdings Limited’s $2.14 billion going-private acquisition of Sogou. Also represented Sohu.com Limited as a selling shareholder in the transaction, coordinating complex securities, M&A, and regulatory issues.
A rapidly growing company in multiple transactions. Our work includes advising on equity and debt financings and strategic deals that have fueled the company’s growth. The company engages in clearing, execution, prime brokerage, stock lending, and margin lending to introducing firms’ customers as well as to direct customers and correspondents, and investment banking.
Target company in a proposed $2 billion de-SPAC business combination, including drafting and negotiating the business combination agreement and proxy statement, and navigating securities and regulatory complexities.
Special Committee of China Distance Education Holdings Limited in a going-private merger led by a consortium including the company’s Chairman and Deputy Chairman. Advised on U.S. legal aspects of acquiring all outstanding ordinary shares, including those represented by ADSs, not already owned by the consortium.
Sohu.com Limited as outside U.S. general corporate, securities, M&A, and U.S. tax counsel for its Nasdaq-listed Delaware holding company. Representation has included multiple acquisitions, international transactions, and serving as U.S. counsel in the complex reorganization of the publicly-traded top-tier holding company from Delaware to the Cayman Islands.
Sogou Inc. as issuer’s counsel in its IPO on the NYSE and subsequent role as U.S. general corporate and securities counsel. Most recently represented Sogou in its going-private acquisition by Tencent Holdings Limited, addressing securities and transactional challenges.
Changyou.com Limited as issuer’s counsel in its IPO on Nasdaq and subsequent role as U.S. general corporate and securities counsel. Represented Sohu in its going-private acquisition of Changyou, with Changyou separately represented by special committee counsel, and continue to advise Changyou as a wholly-owned subsidiary of Sohu.
eLong, Inc., a leading mobile and online travel service provider in China, as U.S. securities, general corporate, and M&A counsel and in its 2016 going-private transaction, where it was acquired by Trip.com and Tencent.
Sogou Inc. in Tencent Holdings Limited’s strategic investment and related cooperation agreement, aligning business objectives and strengthening market position.
Developer and distributor of a single-serve cold beverage system in multiple venture financings, advising on deal structure, investor negotiations, and intellectual property considerations.
Developer of advanced nanotechnology-based QD film for displays in corporate and financing matters, supporting growth in a competitive technology market.
Various companies and executives in connection with executive employment arrangements and equity incentives, ensuring compliance, alignment of interests, and strategic retention.
Special board committees in M&A and other transactions requiring independent counsel, providing objective advice and safeguarding fiduciary responsibilities.
Accolades
- Martindale Hubbell Peer Review Rated AV Preeminent™
Admissions
- Massachusetts
- New York
Education
Boston University School of Law ( J.D. , 1983 )
Brown University ( A.B. , 1977 )