Timothy J. Grasser is an associate with Foley & Lardner LLP based in the firm’s Dallas office where he is a member of the Transactions Practice. Tim is an experienced and analytical attorney with a history of success drafting, reviewing and negotiating a wide variety of commercial transactions as well as advising on corporate governance and compliance matters.
Before joining Foley, Tim served as lead commercial counsel for a global medical device manufacturer with headquarters in the Dallas area, where he was responsible for negotiating, drafting and counseling on complex commercial agreements and providing business-centric legal counsel in a heavily regulated industry, routinely dealing with issues related to healthcare and data privacy regulations in commercial agreements. He provided legal counsel and support to the corporate development group including transition, integration and other post-closing matters related to five key acquisitions and other strategic agreements driven by company’s aggressive growth strategy.
Previously, Tim was a solo practitioner in Dallas where he provided legal counsel as a trusted advisor for a venture fund on regarding the complex regulatory environment surrounding fund formation as well as commercial transactions and business operations, including negotiating inbound license agreement critical to successful launch of client’s new entertainment venue. He advised a private equity client regarding the complex regulatory environment surrounding fund formation.
Tim also served as senior corporate counsel at a multi-billion dollar medical device and biologics manufacturer located in Fort Worth, Texas. He was responsible for corporate governance matters for all U.S. entities as well as negotiating and drafting commercial agreements in a heavily regulated industry, routinely dealing with issues related to healthcare and data privacy regulations in commercial agreements. He led a multi-year global legal department project to standardize and simplify contract templates utilized by the company across all categories in support of high-visibility company initiative to reduce turnaround times, eliminate redundancy and ensure common legal positions across global markets, product lines and contract categories. He supported corporate development and M&A chief counsel as part of cross-functional team on acquisition and divestiture transactions including leading counsel on commercial and operational matters implicated during diligence, negotiation, closing and post-closing periods.
Prior to going in-house, Tim was an associate attorney in the Dallas office of an international corporate law firm. He served as lead associate on commercial agreements and M&A transactions for corporate and private equity clients in a variety of industries, including technology, retail, manufacturing and restaurant franchises. He drafted transaction documents, led due diligence efforts, managed other associates and facilitated closings for mergers, stock and asset deals as well as venture capital investments.
Tim started his legal career at a large, international law firm headquartered in Chicago. As a corporate associate, he represented Fortune 500 and private M&A clients in various purchase and sale transactions. He was also a litigation associate and was selected to support the firm’s largest client requiring meticulous research/analysis, client interviews, document review and witness outline preparation.
In addition to his legal experience in private practice and as an in-house attorney, Tim was co-founder of MobileMotive, LLC, where he gained invaluable experience and insights while running a bootstrapped startup wearing multiple hats. He served as president and general counsel, handling all legal and operational matters for a startup selling extended warranties and protection plans covering consumer electronics and automobiles.
Prior to law school, Tim started his professional career as an information technology consultant at IBM - Global Services in Kansas City, Missouri where he developed enterprise database applications for key clients including Sprint and PepsiCo.