Bruce I. Crabtree, III is a Partner in the Corporate Practice of Smith, Gambrell & Russell, LLP, specializing in corporate, partnership and business entity law. He also specializes in finance and health care organizations.
Mr. Crabtree specializes in corporate, partnership and business entity law, particularly in the contexts of business combinations, business finance and health care organizations. He has extensive experience in structuring, financing and ongoing representation of both corporations and alternative business entities, including partnerships, limited liability companies and other pass-through entities and joint venture organizations. Mr. Crabtree has also advised both organizations and individual owners in connection with corporate restructurings, shareholder disputes and ownership transitions. He also has extensive experience in representing physicians and private physician groups, particularly in business organizations, practice acquisitions and similar health-care industry transactions.
Mr. Crabtree has also represented both issuers and investors in private syndications of real estate and real estate related investments, as well as other initial stage and early stage financings.
A native of Tennessee, Mr. Crabtree received his A.B. degree, cum laude, in 1972, from Washington University in St. Louis, where he was elected to Phi Beta Kappa. He received his J.D. degree from the University of Virginia in 1976 and is a member of the Phi Delta Phi legal fraternity. Mr. Crabtree is admitted to practice in Georgia, and is a member of the Atlanta and American Bar Associations, as well as the State Bar of Georgia.
Represented a twenty-five physician cardiology practice in a multi-stage practice acquisition transaction that combined three private practices into the 90-physician cardiac specialty practice of a major regional health system, including analysis of healthcare regulatory compliance issues, spin-out and sale of non-participating satellite locations, and post-acquisition practice wind-up
Represented the senior family members in a multi-generational dispute regarding control of a series of seventeen family-owned real estate partnerships and 20 low-income-housing master limited partnerships, including advising as to entity-governance issues, authority and procedural issues, financing compliance requirements, ownership reorganizations and ultimate disposition of selected individual properties and property portfolios
Represented a senior shareholder in a corporate-governance deadlock regarding management and operational control of a twenty-physician, eleven-office medical practice, including negotiation of interim arrangements for continued operations, participation in renegotiating financing from multiple lenders encumbering practice locations owned by affiliated partnership entities, and negotiation of a shareholder buyout
Represented a thirteen-physician multispecialty medical group practice in an innovative practice and practice-management reorganization, oriented toward participation in accountable care organizations or similar risk-sharing structures, including restructuring physician compensation relationships, negotiating contractual relationships with affiliates of a national physician-practice and practice-management organization, and corresponding modification of existing voting and related shareholder-relationship agreements