Irwin Kishner Bio

Irwin Kishner is a partner and a co-chair of both the firm's Corporate Department and Sports Law Group. He served as Herrick's Executive Chair from 2010-2023 and is a member of the firm's Executive Committee. Irwin concentrates his practice in general corporation law with an emphasis on sophisticated transactional work. He has vast experience in mergers and acquisitions, joint ventures, private equity, securities law, corporate restructurings and reorganizations, new media law, venture capital, entertainment law, corporate finance and lending, intellectual property and licensing, employment law, equity and debt offerings and syndications in both the public and private context. He has handled numerous mergers and acquisitions, both hostile and friendly, on behalf of acquirers, targets, and investment banks. The range of transactions includes proxy contests, joint ventures, self-tender offers, third party and spin-offs, taking public companies private, and other forms of corporate restructurings. Irwin's practice also includes advising financial institutions and investment advisors on regulatory issues, derivatives and other financial instruments, as well as private equity and venture capital funds and investors in onshore and offshore fund formation, and portfolio company acquisitions and sales. He has successfully structured, negotiated, supervised and closed many financing and capital raising transactions, including private placements, initial public offerings, PIPEs, hedge fund convertible security investments, secured and mezzanine loan facilities, project finance, workouts, reorganizations, equity and debt restructurings and negotiation of intercreditor relationships. Irwin has also represented clients in a number of high-profile senior executive employment and severance agreements and compensation packages as well as numerous corporations in the administration and establishment of employee compensation plans. Corporate boards and audit and special committees also turn to Irwin for advice on such matters as corporate governance and corporate restructurings. Irwin is consistently recognized as a leader in sports law and has worked on some of the largest and most innovative deals in sports. He has acted as lead counsel in all aspects of fifteen major stadium transactions, most significantly the new Yankee Stadium and the development of Citi Field. He also represented the New York Islanders Hockey Club in the development of its new arena complex at Belmont Park. Irwin additionally represents financial institutions and bond insurers in stadium finance matters and loans to teams and team owners. He has significant experience representing major stadiums, teams and leagues in naming rights, sponsorship and concession transactions. Irwin has also represented entities and individuals in the development, construction, financing, leasing, and operations of mixed-use developments. Irwin’s experience includes representation of the New York Yankees in their joint venture effort with Manchester City to create Major League Soccer's New York City Football Club (NYCFC), and the continuing representation of the Club across a range of transactions. He advised Legends Hospitality in the deal to develop and operate the observation deck at the top of One World Trade Center, and was lead counsel to the New York Yankees and Yankee Global Enterprises in News Corp's 2012 acquisition of 49 percent of the Yankees Entertainment and Sports Network (YES), and 21st Century Fox's ensuing 2014 acquisition, which raised its ownership stake in YES to 80 percent, and finally in connection with the 2019 purchase by an investor group, which included Yankee Global Enterprises, of the Walt Disney Company's entire equity interest in the YES Network, which had a total enterprise value of $3.47 billion. Irwin has advised on numerous team acquisitions, dispositions, bids and sales of interests of professional teams that span leagues and sports including bids to acquire MLB, NBA, NFL, MLS, NHL and EPL teams. He recently represented a co-owner of the Milwaukee Bucks in the sale of his 25 percent stake in the team. According to ESPN, the transaction struck at a $3.5 billion valuation was the second highest valuation ever paid for an NBA team and the third highest valuation for any American professional sports team. Irwin also represented Legends in its strategic partnership and minority investment in TeamTrak Cycling League, an entity of World Cycling Limited, to support the launch and growth of the startup indoor cycling league. Irwin’s sports experience also includes the formation of two of the country’s largest regional sports networks (YES and SNY), and the ongoing representation of both networks. He has also negotiated many significant television, radio and digital media rights agreements for NBA, MLB and MLS teams – including a radio rights agreements for the Chicago Cubs, the New York Yankees and the NYCFC. Irwin has also advised on many high-profile sponsorship, marketing and advertising agreements for teams and their stadiums, including the new Yankee Stadium’s agreements with corporations such as Toyota and AT&T, as well as sponsorship agreements for major sporting events, including Army Black Knight football games, the NCAA’s New Era Pinstripe Bowl and world-championship boxing matches. Irwin provides general corporate and tax-related advice to the New York Racing Association (NYRA) in addition to his primary role as their Integrity Counsel. Irwin advises clients in transactions throughout North America, South America, Europe (including Eastern Europe) and Asia. His clients are involved in a wide range of industries including sports, e-commerce, real estate, engineering, entertainment, manufacturing, franchise, retail, distribution, consumer products, natural resources, consulting, healthcare and other service businesses. Irwin is ranked as a leading individual by Chambers USA for Sports Law Nationwide and as a "Recommended Attorney" by the Legal 500. In 2021, Sports Business Journal named Herrick to its list of "Power Players" Outside Counsel" and specifically recognized Irwin for his work in sports law. He was originally recognized for his accomplishments in the publication's inaugural issue in 2016. He frequently lectures, and appears on television and radio, on such topics as M&A, private equity, venture capital, sports financing, structured premium finance and life settlements transactions, and executive compensation, among others. Before joining Herrick, Irwin was an associate in Shearman & Sterling's mergers and acquisitions department where he participated in several high-profile hostile tender offers and numerous public and privately negotiated divestitures and acquisitions.