Bakita E. Hill
Bakita Hill advises clients in a variety of business matters, including corporate governance, mergers and acquisitions, securities compliance and reporting, corporate due diligence, and corporate reorganization.
Bakita is experienced in analyzing laws and regulations that are critical to businesses, enabling her to determine what provisions will affect a particular transaction. She uses her analytical skills and a keen attention to detail to draft legal documents, including ancillary transaction documents, license agreements, disclosure schedules, operating agreements, distribution agreements, promissory notes, and purchase agreements. She assists clients in managing their businesses, including filing documents with the Secretary of State, Internal Revenue Service, and Securities and Exchange Commission. Bakita’s goal in every engagement is to provide superior, efficient service to help clients achieve and maintain their goals.
While in law school, Bakita was a legal intern for a multinational power management company, where she gained valuable experience drafting agreements for mergers and acquisitions with companies around the world.
In her free time, Bakita enjoys traveling, listening to music, experimenting with new recipes, doing home projects, and spending time with her family.
- Education
- Cleveland State University College of Law (J.D., cum laude, 2021); CALI Excellence for the Future High A Award for Civil Procedure and Medical Devices; Moot Court Team; Black Law Students Association, Corresponding Secretary; Entertainment and Sports Law Association, Entertainment Chair; Great Lakes Sports & Entertainment Law Academy Graduate
- Kent State University (B.A. in Paralegal Studies, magna cum laude, 2017)
- Lorain County Community College (Associate of Arts, 2015)
- State Admissions
- Ohio, 2021
- Texas, 2022
- Represented an environmental company in its sale of preferred stock with total raised capital of $25 million
- Represented an LED technology company in its repurchase and sale of Class A Membership Units equal to 30% of the company
- Advised a tech company that uses its proprietary AI algorithms to identify potential job candidates in its private placement of preferred stock with a total raised capital of approximately $5 million
- Represented an ecommerce consumer brand company in its series seed financing for the offer and sale of seed preferred units for financing of approximately $5 million
- Represented a beverage company in its repurchase of shares of common stock worth $7.5 million
- Represented a world provider in fabrication and gas technology in its $127 million acquisition of a global leader in oxygen regulators and central gas systems
- Represented a global transportation and logistics organization in its $45 million acquisition of a provider of 3PL services, including drayage, warehousing, trans loading, and fulfillment
- Advised a lender located outside of the United States in financing and securing assets worth $4.1 million
- Advised a seller in the sale of a manufacturing business, intellectual property, equipment, and real estate for total consideration of $2 million
- Represented clients with filing Form ADV and Form D with the U.S. Securities and Exchange Commission
- Assisted a buyer in the purchase of a 25-unit apartment complex for total consideration of $1.15 million
- Represented a buyer in the purchase of a trucking company operating in multiple states worth over $1 million
- Represented clients in investment fund formation
- Represented various for-profit entities in the formation and structure of an entity
Speaking Engagements
- “What’s Market?”, Tucker Ellis Business Law Institute (March 2024)
- “Reverse Veil Piercing: Evaluating When an LLC’s Assets Are Subject to Claims Against a Member (2024 Edition),” myLawCLE (February 2024)
- “Cracking the CFIUS Code: What Happens to Our Deal?” Tucker Ellis In-House Counsel Summit (October 2023)
- “Legal and Fiduciary Duties of Board Members,” Role of the Board, Business Volunteers Unlimited, Cleveland, Ohio (May 2023)
- “Cracking the CFIUS Code: Does Our Deal Need to Be Reported?”, “Jelly Donuts, Jack Daniels, and Mary J…eopardy,” and “Changes at the Chancery: A 2022 Delaware Case Law Update,” 2023 Business Law Institute on Corporate Law and M&A, Tucker Ellis LLP (January 2023)
Publications
- “SEC Adopts Rules Enhancing Climate-Related Disclosures,” Tucker Ellis Client Alert (March 2024)
- “‘Fiduciary Tailoring’ of the Duty of Loyalty to a Delaware Corporation Is Blessed by Court of Chancery,” Westlaw Today, Reuters Legal News (May 2023)
- “Biden Administration Seeks ‘Robust Consideration of Evolving National Security Risks,'” Westlaw Today (October 2022)
- “CFIUS Report Offers Valuable Lessons for Foreign Investors,” Bloomberg Law (September 2022)
- “A Law Student’s Prospective: Digital Roundtable,” Entertainment and Sports Lawyer, American Bar Association (Winter 2020)
- “A Law Student’s Perspective: Sports and Entertainment General Counsels,” Entertainment and Sports Lawyer, American Bar Association (Winter 2020)
- “20 in Their 20s,” Crain’s Cleveland Business (2023)
- Center for Arts Inspired Learning, Board Member
- American Bar Association
- Forum on the Entertainment and Sports Industry
- Young Lawyers Division
- Cleveland Metropolitan Bar Association
- Volunteer Lawyers for the Arts
- 3Rs
- Norman S. Minor Bar Association
