Michael L. Lane is a Partner practicing with Preti Flaherty's Real Estate Group. He has represented clients in all aspects of real estate and land use law, including acquisitions, dispositions, obtaining federal, state and local regulatory approvals; commercial and public financing; title and conveyancing matters. Mike has built a strong timberlands practice representing mills, land management companies and industrial land owners in complex timberlands transactions, including acquisitions, sales, operating agreements, wood supply agreements, underwriting timberland titles, Land Use Regulation Commission (LURC) development compliance and permitting. He routinely appears before municipal planning boards, LURC and the Department of Environmental Protection to permit residential, commercial and industrial projects.
Michael also serves as Vice President and General Counsel to Charter Title Company, LLC, Preti Flaherty's wholly-owned subsidiary, a respected agent for a number of nationally recognized title insurance companies. He has substantial experience in underwriting and negotiating title insurance coverages involving multi-site, multi-million dollar commercial transactions, particularly energy, industrial and timberland properties, covering Maine and New Hampshire.
Mike's development-related experience includes the following representations:
Calais LNG - obtained all of the necessary local land permits to construct a $900 million dollar state-of-the-art liquefied natural gas (LNG) terminal and storage facility in Calais, Maine. Mike worked with the client, the city, the Department of Environmental Protection and the State Planning Office to create a new Maritime Industrial Zone encompassing 2800 feet of shoreline that suited the needs of the facility and the surrounding community.
Saco Island - When Preti Flaherty represented the buyer in the purchase and $100 million redevelopment of Saco Island, Mike took the lead on all real estate title and land use permitting matters, including being the principal architect of numerous agreements with Central Maine Power, Florida Power and Light, Island Terrace Association and the City of Saco, Maine.
Mike has also represented clients in connection with numerous purchases and sales of commercial, industrial and timberland properties, including:
Pleasant River Lumber - in the purchase of the former Cold Stream Lumber and the Crobb Box Company.
EJ Carrier, Inc. - in the purchase of Beattie & Gorham Gores.
Prentiss & Carlise Management Co., Inc. - in the auction and sales of acreage in Downeast Maine.
International Paper - in the sale of 1.1 million acres of Maine and New Hampshire timerland.
New Page - in the sale of hydroelectric assets. Mike was responsible for negotiating and drafting water rights agreements and preparing the $78 million title policy. The electrical generating facility and adjacent paper mill had been operated as an integrated operation, requiring intricate real estate structuring, including shared water rights and cross-easements. The matter also involved complex contractual arrangements for the sharing of key infrastructure components during a post-sale transition period.
Brookfield Asset Management - in the sale of the Millinocket and East Millinocket pulp and paper mills, landfill, and related infrastructure.
Georgia-Pacific - the purchase of the former Georgia-Pacific pulp and tissue mill in Old Town, Maine and three chip mills in Costigan, Houlton and Milo, Maine.
Graftech - in the acquisition of manufacturing facilities in Biddeford and Houlton, Maine.
SCS Family Realty - in the disposition of certain assets in Portland, Maine and corporate restructuring.
Bermvet Associates - in the liquidation of Maine real estate.
Mike's business assistance and development experience includes:
Tax Increment Financing (TIF), Community Development Block Grant (CDBG) and Industrial Rail Access Program (IRAP) for Pleasant River Lumber.
TIF, CDBG and Regional Greenhouse Gas Initiative (REGGI) for Old Town Canoe.
CDBG and REGGI for Moose River Lumber.
Mike's counsel to businesses and individuals includes:
Negotiation with LURC to settle longstanding illegal subdivision
Successfully represented party to partition action resulting in division of non-conforming lot.
Each Legislative session, Mike represents a number of forest product companies before the Legislature on such issues ranging from Bonded Labor to LURC reform.
served as lead counsel for four Maine and New Hampshire sawmills in their recovery from insolvent debtor.
Mike is recognized in the Chambers USA Guide to America's Leading Business Lawyers, the highly regarded legal directory which ranks firms and individual attorneys in the areas of Real Estate and Timberland/Conservation.
He also has been selected by his peers for inclusion in the 2011 edition of New England Super Lawyers, an honor limited to the top 5% of lawyers in each state, in the areas of real estate, energy and natural resources and land use and zoning.
Mike was a member of LURC's Comprehensive Land Use Plan Working Group.
Chairman, Town of Richmond Planning Board
Past President, Maine Forest and Logging Museum
Member, Society of American Foresters
Member, Forest Resources Association
Member, New England Land Title Association