Leonard Grayver

Leonard Grayver

Partner
Location:
Torrance, California
Phone:
310-540-2000 x.251
Fax:
310-540-6609
Email:

Leonard Grayver joined the firm in 2002, and co-chairs the firm's Emerging Company and International Business Transactions practice groups. He is fluent in Russian, and many of his international clients are from Russia, Ukraine and the former Soviet Union. He is the co-founder of the Eastern European Bar Association and a member of the Board of Directors of AmBAR (American Business Association of Russian-Speaking Business Professionals). Mr. Grayver splits his time between the firm's Los Angeles and Palo Alto offices.

Mr. Grayver's corporate practice focuses on counseling start-up and emerging growth companies in areas of corporate and securities laws, mergers and acquisitions, and other strategic business arrangements. He is also experienced in negotiating and drafting a wide range of business arrangements, including joint venture agreements, executive employment contracts, IP licensing, distribution and marketing agreements and various general corporate and commercial contracts for companies in a wide variety of industries.

Mr. Grayver also has unique expertise in structuring venture capital financings (representing both issuers and venture capitalists). He has substantial experience in venture capital fund formation and regularly advises general and limited partners on fund structures, latest industry standards on business terms, and emerging issues.

Mr. Grayver's litigation practice is concentrated on business and employment litigation. His recent accomplishments include successful defense of a civil RICO action against a leading Russian consulting firm; early dismissal of a lawsuit involving an important Japanese corporation; successful prosecution of a lawsuit against former executives of a Japanese high tech company, resulting in a multi-million dollar judgment; and successful settlement of an employment discrimination and harassment lawsuit against a prominent financial company.

Mr. Grayver writes and lectures frequently on private equity, corporate, and technology licensing issues. He has authored a definitive Russian-language guide to venture capital financings. He hosts a Russian-language blog on various startup-related issues: www.startupjurist.com. He is a mentor to several startup accelerators, including Pulsar Accelerator and Starta Capital Accessor.

Before joining the firm, Mr. Grayver was a corporate associate at Wilson Sonsini Goodrich & Rosati, the leading Silicon Valley law firm, and an investment banking associate at BKL Capital.

Representative Transactions

General Corporate and Commercial

• Extensive experience in drafting, negotiating and counseling concerning: venture capital financing; mergers and acquisitions; complex legal due diligence; distribution and supply agreements; intellectual property, trademark, copyrights and know how licensing; internet and e-commerce agreements; employment and termination agreements; confidentiality agreements; equipment leases; corporate, partnership and LLC formation, joint ventures, restructuring and dissolution; management agreements; real property leases

Outside General Counsel Services

• Currently acting as an outside general counsel to over sixty US, Asian, European, Russian, and Ukrainian technology and bio-pharma companies

Specific Venture Capital/Private Equity Experience

• 15+ years of experience in venture capital/private equity industry. Experience in VC financings; onshore and offshore fund structuring; due diligence (representing both funds and LPs); work with portfolio companies; etc.

Past and current VC Fund representations include: Lightspeed Venture Partners, Canaan Partners, Mayfield Fund, Trident Capital, China Everbright Fund, Pangaea Ventures, Troika Dialog Group, Investment & Venture Fund of the Republic of Tatarstan, Runa Capital, Russian Venture Company, VTB Capital, Foresight Ventures, Prostor Capital, SBT Venture Fund, Quantum Wave Fund, Finsight Ventures, Pulsar Venture Capital, Volga Venture Partners, Formula VC Fund, VestorIn Capital Fund, Altair.VC, Moscow State University Accelerator and Seed Fund, Genezis Capital, Projector Ventures

Recent Venture Capital Transactions

VC Fund Structuring and Due Diligence

• $500 million Silicon Valley/Asia PE Fund (representing LPs)
• $400 million Silicon Valley PE Fund (representing LPs)
• $350 million Silicon Valley VC Fund (representing LPs)
• $200 million Cayman Islands/Russia VC Fund (representing GP)
• $60 million United Kingdom VC Fund (representing GP)
• $135 million Cayman Islands/Russia VC Fund (representing GP)
• $40 million Silicon Valley VC Fund (representing GP)
• $120 million Cayman Islands/Russia VC Fund (representing GP)
• $100 million Cayman Islands/Russia VC Fund (representing GP)
• $10 million Cayman Islands/USA VC Fund (representing GP)
• Numerous Seed Funds (under $5M) (representing GP)

VC Financing Transactions / Representation

• $6 million investment in Switzerland based bio-pharmaceutical company (investor)
• $10 million investment in a Silicon Valley/Russia based 3D solutions provider (company)
• $5 million investment in Silicon Valley based medical device company (company)
• $4 million investment in a Southern California based manufacturer of 3D monitors (investors)
• $5 million investment in a Silicon Valley based social network company (investors)
• $3 million investment in a Silicon Valley based anti-virus protection company (investors)
• $4 million investment in a Southern California based substance detection company (investors)
• $4 million investment in a Silicon Valley based medical imaging company (investors)
• $2 million investment in a Silicon Valley based Video on Demand provider (investors)
• $4 million investment in an Ireland based 3D visual communications company (investors)
• $2 million investment in a Russia/BVI based VOIP provider (investors)
• $1 million investment in a Russia/BVI based cloud computing service (investors)
• $3 million investment in a Silicon Valley based internet server technology (company)
• $1 million investment in Russia/BVI based cloud computing solutions provider (investors)
• $2 million investment in Russia/Luxembourg e-commerce service (investors)
• 2 million investment in a Russian/BVI based internet bank (investors)
• $4 million investment in Silicon Valley based bio-pharmaceutical company (investors)
• Numerous Seed (under $1M) financings

Areas of Practice

  • International Business Transactions
  • Emerging Company and Venture Capital
  • Corporate Law
  • Employment Law and Litigation
  • Business and Employment Litigation

Bar Admissions

  • California, 2000
  • U.S. District Court Central District of California
  • U.S. District Court Northern District of California

Education

  • UCLA School of Law, Los Angeles, California
    • J.D. - 2000
  • University of California at Los Angeles
    • B.A. cum laude - 1996

Published Works

  • Guide to Venture Capital Transactions © 2016

Classes/Seminars

  • Lecturer at California Institute of Technology (Caltech) – VC Term Sheet Negotiations Workshop
  • Lecturer at the Krok University (Kiev) – Issues in Venture Capital Financings
  • Speaker at Silicon Valley Open Doors Summit (2008 – 2016)
  • Advisor to Russian parliamentary committee (proposed law on investment partnerships)
  • Advisor, NebelTV Foundation, a new free open-source media distribution application
  • Advisor, Better Future Foundation, a US-Russia based foundation for improvement of teaching methods

Professional Associations and Memberships

  • Eastern European Bar Association, Co-founder
  • Eastern European Bar Association, Member of the Board of Governors
  • AmBAR (American Business Association of Russian-Speaking Business Professionals), Member of Board of Directors

Past Employment Positions

  • Wilson Sonsini Goodrich & Rosati, Corporate Associate
  • BKL Capital, Investment Banking Associate

Languages

  • Russian