Featured Client Spotlights

Grillo's PicklesFactory Five RacingLuca + DanniView all spotlights
CLIENT SPOTLIGHT: Grillo's Pickles

If you haven't been to the Grillo's Pickles website, you should. There, you'll find the fantastic story of how this company began. We've copied part of it here to save you a click.

Grillo's Pickles began with a pickle cart, just a small wooden stand in downtown Boston, where Travis Grillo and his friends would sell two spears for one dollar. Travis would make the pickles by night using his family's 100-year old recipe - one he'd memorized from making pickles every summer as a kid. In the morning, Travis would bike to the Boston Common and set up the cart with his buddies. They'd hang out all day, urging people to try the simple Grillo family pickle. It was a small business but Travis worked hard for it. He made more pickles, biked more miles, and slept less hours than he ever had before.
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CLIENT SPOTLIGHT: Factory Five Racing

Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born.
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CLIENT SPOTLIGHT: Luca + Danni

Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion.
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        Richard Nadeau
        Richard Nadeau

        Richard Nadeau

        Partner
        401-861-8297Download vCardrnadeau@psh.comPrint PDF

        For over 30 years Rick has represented numerous international, national, and regional lenders in structuring and documenting asset-based, commercial and industrial, real estate, and mezzanine loan facilities. He also has substantial experience in working out and collecting troubled loans for those same lenders.

        In addition, Rick has a national practice representing clients in the areas of commercial real estate and financing. He has extensive experience in matters related to acquisitions and dispositions, borrowing, leasing, development, planning, and zoning. Rick has served as counsel to local municipalities in the areas of leasing, land use and land acquisition.

        Education

        • Georgetown University Law Center, J.D.
        • Colby College, A.B.

        Bar Memberships & Admissions

        • District of Columbia
        • Massachusetts
        • Rhode Island
        • U.S. District Court, Rhode Island

        Practice Areas

        Honors

        • Ranked as a leading attorney in the Real Estate area in Chambers USA America's Leading Lawyers for Business
        • Selected by his peers for inclusion in Best Lawyers in America in the area of Real Estate Law
        • AV® Preeminent Rated from Martindale-Hubbell, highest possible rating on both legal ability and ethics based upon the confidential opinion of peers and judges
        • Selected as a 2015 Top Rated Lawyer in Banking & Finance by The American Lawyer  

        Professional Affiliations

        • District of Columbia Bar Association
        • Rhode Island Bar Association
        • The Business Development Company of Rhode Island
          • Board of Directors, Secretary

        Community Activities

        • Bryant University
          • Member, Board of Advisors, College of Business (2012 - 2017)
        • International Council of Shopping Centers
          • Rhode Island Government Relations Committee Member (2012 - present)   (Chair, 2012-2015)
        • Town of North Smithfield
          • Solicitor (2008 – 2012)
          • Assistant Solicitor (2004 – 2006)

        Representative Transactions

        Commercial Lending
        Rick represented:
        • Bank in combined direct loans and purchase of privately placed bonds for the development of major brewery.
        • Bank group regarding zoning issues in financing three parcels in downtown Providence.
        • Lenders in numerous tax credit financings.
        Commercial Restructuring & Asset Recovery
        Rick represented:
        • Bank in restructure of loans to alternative energy developer.
        • Bank in successful restructure and pay down of loans to lending Rhode Island cultural institution.
        • Bank in two year, full recovery workout of loans to major contractor.
        Real Estate
        Rick represented:
        • Beverage company in land lease and construction of campus housing research, development, and production facilities.
        • Developer in negotiating lease with Rhode Island Airport Corporation and in permitting and sub-leasing of private hanger project.
        • Municipality in planning and zoning for the two largest real estate development projects in the town’s history.
        • Various purchasers of hotels in Warwick and Providence, RI.

        Representative Publications

        Recognitions