Susan H. Mac Cormac

Partner
San Francisco, (415) 268-6060

Susan Mac Cormac currently serves as a co-chair of the Venture Capital/ Emerging Companies Group and the Cleantech Group for the firm worldwide.  Ms. Mac Cormac has extensive experience representing start-up to late-stage private companies primarily in the Cleantech or Sustainable space. She provides corporate and finance advice in connection with mergers, acquisitions, asset purchases and sales, reorganizations, joint ventures, and equity and debt financings. She regularly advises boards of private and public companies, special committees, and CEOs on corporate governance and Corporate Social Responsibility (“CSR”) issues and has joined the faculty (teaching on issues of sustainability and corporate governance) at both the Stanford Director’s College and the Northwestern Corporate Counsel Institute. Ms. Mac Cormac also represents nonprofit corporations involved with Sustainability and CSR, providing advice to their boards on fiduciary issues, conflicts of interest, and other corporate matters.

Ms. Mac Cormac’s representative Cleantech clients include Advanced Refining Concepts, Altra Biofuels, Agile Waves, Arcadia, Biosignal, Biomimicry Technologies, Bulk Handling Systems, Carbonetworks, ClimateEarth, driptech, ElectraTherm, Photon Energy Systems, MicroMidas, Veranda Solar, and Veristeel. Her representative sustainable and social enterprise company clients include Divinely D’lish/18 Rabbits, MicroEnergy Credit Corporation, Resdida, Revolution Foods, and SourceTrace. Her nonprofit clients include the Biomimicry Institute, Business for Social Responsibility, Goodwill, Pacific Forest and Watershed Lands Stewardship Council and RSF Social Finance. Her venture fund clients include Darwin Venture Fund-of-Funds, Pacific Community Ventures and RSF Social Finance.

After working in New York for three years, Ms. Mac Cormac joined the firm as an associate in 1997 and became a partner in 2001. Ms. Mac Cormac was born in Davidson, North Carolina, and graduated in 1988 from Williams College with a degree in Political Economy. She received her J.D. and LL.M. degrees from Duke University School of Law in 1993. Ms. Mac Cormac lives in the Presidio National Park with her husband and two young boys (Eddie and Alex).

Ms. Mac Cormac was recognized by clients in Legal 500 United States 2009 for her expertise working with venture capitalists and emerging companies. Clients say “you cannot get a better corporate counsel,” Ms. Mac Cormac “‘understands the big picture, could not be more responsive, and understands the business.” She was recognized by the Daily Journal as one of the Top Ten Rainmakers in California in 2008. Ms. Mac Cormac is a co-chair of the Clean Technology & Climate Change Committee for the ABA Section of Science & Technology Law. She is on the Board of Directors of the Biomimicry Institute.

Matters.

Pacific Community Ventures
Pacific Community Ventures provides resources and capital to businesses that have the potential to bring significant economic gains to low/moderate, income communities. We have represented the managing member in the formation, structuring, and documentation of its second and third double-bottom-line socially responsible funds. We provide continuing general corporate, structuring, and governance advice.
Pacific Forest and Watershed Lands Stewardship Council
Pacific Forest and Watershed Lands Stewardship Council was established to oversee and carry out the Land Conservation Committment established by the Settlement Agreement and Stipulation by and between PG&E and the California Public Utilities Commission and to provide funds for the purpose of providing a wilderness experience for urban youth. We serve as outside corporate counsel for this nonprofit corporation and provide advice on a wide array of legal issues related to the structure of the foundation, corporate governance, conflicts of interest and fiduciary duties, grant-making, employment, land use, and environmental.
Micromidas
Micromidas is a bioplastics company that uses novel biological reactions to convert waste streams like municipal waste water, agricultural, and food waste, into pure-grade polyhydroxylalkanoate (PHA) that can be competitively priced compared to petroleum plastics. We advise Micromidas on patent strategy and general corporate matters.
Goodwill
Goodwill has established a joint venture with the founder of Joe Boxer to manufacture and sell reconstituted clothing. We are assisting with the formation of the joint venture, including establishment of the most appropriate legal form and preparation of necessary documentation.
MicroEnergy Credit Corporation
MicroEnergy Credit Corporation was established by several principals of Grameen Bank to aggregate emissions reductions created by enabling customers of microfinance institutions in developing countries to improve their daily lives by purchasing clean energy technologies. We represent MicroEnergy Credit Corporation in general corporate and intellectual property matters.
Photon Energy Systems
Photon Energy Systems is a nano-solar company to which we provide general corporate and financing advice.
Small Potatoes Urban Delivery (SPUD)
Small Potatoes Urban Delivery (SPUD) offers organic home food delivery services throughout Canada. We have assisted SPUD in its acquisition (through stock and asset purchases) of other organic home delivery companies in the United States.
Veristeel, Inc.
Veristeel, Inc. manufactures structural panels that are designed to provide manufacturers of mobile/modular offices, classrooms, manufactured housing, and other factory-built structures with a superior, lightweight structural sub-floor and roof panel and achieve LEED certification. We assisted this company with its formation, purchase of assets required for manufacturing, and several rounds of financing. We provide ongoing general corporate advice.
RSF Social Finance
RSF Social Finance provides socially responsible investors, donors, for-benefit organizations, and social enterprises innovative investing, lending, and philanthropic services to promote environmental, social, and economic sustainability. We provide general corporate, structuring, finance and contract advice to RSP Social Finance.
Resdida Development, Inc.
Resdida Development, Inc. provides poor communities, creators of participatory media, local artists, and community focused organizations with communications platforms and devices that are focused on the needs of marginalized people in the developing world, in order to increase distribution of critical content, access to knowledge, and community voice. We reprersent Resdida Development in general corporate, financing, and intellectual property matters.
Revolution Foods
Revolution Foods transforms school food service by providing healthy food, nutrition education, and operational support for schools in California. We serve as outside corporate counsel to the company and provide intellectual property, trademark, tax, employment, and other legal support. We assisted with their Series B, Series C, and Series D private placements. Revolution Foods was recognized in 2008 by Social Venture Networks (SVN) as one of six recipients of the 2nd Annual SVN Innovation Awards.
Fujitsu
Fujitsu has established a $35 million fund from surplus litigation settlement funds. We have assisted Fujitsu in establishing a program to use those funds to purchase Fujitsu products and equipment and to donate the same to schools, hospitals, and other nonprofit organizations. We provide continuing corporate, tax, and other support for the grant program.
Arcadia
Arcadia is developing agricultural products to capitalize on opportunities to benefit the environment and enhance human health. Arcadia is specifically working to establish the groundwork for a carbon credit methodology in China and other countries applicable to nitrogen-efficient crops. We provide general corporate and financing advice and advice in connection with mergers and acquisitions.
Biomimicry Institute
Biomimicry Institute is a not-for-profit organization whose mission is to naturalize biomimicry in the culture by promoting ideas, designs, and strategies from biology to sustainable human systems design. We are working with the Biomimicry Institute and the Biomimicry Guild to develop and implement their intellectual property strategy including patents, trademarks, and trade secrets with respect to the Nature's 100 Best and provide general corporate advice in connection with the commercialization of the nature-inspired ideas.
Altra Biofuels
Altra is a large manufacturer and developer of renewable biofuels. We provide ongoing general corporate advice in connection with mergers and acquisitions. Further, we advised on the sale of cellulosic technology by Altra to EdenIQ, Inc., in return for cash and stock consideration.
Advanced Refining Concepts
Advanced Refining Concepts converts waste into energy. We provide corporate and intellectual property advice as they start manufacturing and selling into the U.S. market.
Agile Waves
Agile Waves provides technology solutions to measure electric, gas, and water consumption at a home or business, calculates its carbon footprint in real time, and makes this information readily available on a wall-mounted touchscreen or webpage. We provide advice on corporate matters.
Biosignal
Biosignal is a biomimicry company that offers antibacterial solutions across a broad range of applications, from industrial to therapeutics. We provide general corporate, intellectual property and tax advice.
driptech, inc.
driptech, inc. creates affordable drip irrigation for small farmers in developing countries. We represent driptech in general corporate matters, including incorporation, start-up, financing, and intellectual property advice.
ElectraTherm
ElectraTherm is a provider of technology that captures waste heat and pressure to provide zero emissions electricity. We represent ElectraTherm in intellectual property issues and on corporate, technology, and commercial transactions.
Divinely D'Lish/18 Rabbits
Divinely D'Lish/18 Rabbits produces top-quality organic granola and granola bars that are sold in Peet's Coffees, Whole Foods, and many other retail locations. We provide general corporate advice in connection with the operations of the company and private placements.
Carbonetworks
Carbonetworks provides software tracking for carbon emissions and a trading platform for carbon credits. We provide general corporate, technology transaction, securities, and assisted with their Series A financing.
Darwin Venture Fund-of-Funds
Darwin Venture Fund-of-Funds is a fund-of-funds. We have represented the managing member in the formation, structuring, and documentation of its first $40 million fund.
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