John E. Gangstad practices in the areas of general corporate, entity formation and acquisitions, securities, and oil and gas law. He assists clients in private placements of securities, preparation of proxy statements and periodic reports required by the Securities Exchange Act of 1934, and public offerings of securities.
John has represented both borrowers and commercial lenders in financing the acquisition of financial institutions. He has represented sellers and purchasers of financial institutions. Areas of responsibility also include advising corporate directors of their fiduciary and other responsibilities, including representation of the boards of directors of the Farm Credit Banks of Texas in discharge of their fiduciary duties in responding to a cash call.
John also counseled an investor group in the acquisition of a failed bank, raising several rounds of capital, a series of acquisitions of banks, and the ultimate sale of the bank holding company. He continued to represent former officers of the bank holding company in additional bank acquisitions. He also represented a bank holding company in a tender offer to acquire minority shares in a bank subsidiary and a subsequent cash-out merger transaction which eliminated remaining minority shareholders.
Member, Partnership Committee (Corporate Section). Participated in committee’s drafting of Texas Revised Limited Partnership Act adopted in 1987 the legislative session and Texas Revised General Partnership Act enacted in 1993.
American Bar Association
State Bar of Texas
Austin Bar Association
Drafting a Groundwater Production Lease, State Bar of Texas Seminar: The Changing Face of Water Rights in Texas, 2004
Groundwater Leases, Presented to the Texas Water Law Seminar, 2002
Transfers of Interests in Partnerships and Limited Liability Companies, Presented to University of Texas’ Conference on Current Issues in Partnerships, Limited Liability Companies and Registered Limited Liability Partnerships, 1993
Fiduciary Duties of Officers and Directors, Presented to a Travis County Bar Association Meeting, 1992
McVey v. Hill, 691 S.W.2d 67 (Tex.App.-Austin, May 01, 1985) (NO. 14,216)
Bergeron v. Sessions, 561 S.W.2d 551 (Tex.Civ.App.-Dallas, Dec 30, 1977) (NO. 19,358)