"The legal and regulatory environment is constantly changing, especially for technology and data companies. I keep my clients focused both on what they are trying to accomplish now and how they can achieve that result in a way that allows them to anticipate and more easily hurdle regulatory obstacles in the future."
Robert is a partner in HMB’s Business and Finance Group. He focuses his practice on general corporate matters, M&A transactions and debt and equity financing matters.
Partnering with privately-held companies, start-ups, lenders, private equity and other investment vehicles and their associated stakeholders, Robert counsels clients on organizational and capital structure, along with general corporate and compliance issues. He serves as outside counsel for a broad spectrum of entities in various fields, from a multinational company in the healthcare industry to a local non-profit organization in the EdTech field. He also represents high-growth clients in the technology industry on data privacy and protection matters.
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Robert’s financing practice focuses on representing start-ups in obtaining financing through equity and convertible debt funding rounds, as well as representing commercial banks lending through more traditional facilities.
Navigating the Unexpected in an Ever-Evolving Environment
Clients rely on Robert for solution-oriented advice that accomplishes business goals while aptly navigating the obstacles that come from an ever-changing legal and regulatory environment.
Education
Indiana University, B.A., English and Political Science
Chicago-Kent, Illinois Institute of Technology, J.D.
Admissions
Illinois
United States District Court for the Northern District of Illinois
Professional Memberships
- Chicago Bar Association
- American Bar Association
Publications
- New Supreme Court Decision Regarding the Telephone Consumer Protection Act of 1991April 14, 2021
The Supreme Court’s decision effectively means that a company can utilize devices that automate calls and texts, as long as that device cannot use a random or sequential number generator to either store or produce the telephone number.
- Payroll Protection Loan Program UpdateApril 1, 2020
The Small Business Administration has released the application for the Paycheck Protection Program and loans available pursuant to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The Treasury Department has released an information sheet for borrowers, which can be found here. Additional information can be found at the Treasury Department’s website, found here. The Treasury Department has encouraged…
- Coronavirus Aid, Relief, and Economic Security Act (CARES Act)March 27, 2020
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is Congress’s initial economic stimulus plan in response to the coronavirus pandemic. Additional economic stimulus packages are expected. The CARES Act was signed into law by the President today. The $2 trillion package provides relief to businesses, individuals, families, the healthcare system, states, and more. We are continuing to review…
- Data Scraping Survives! (At Least For Now...) Key Takeaways From 9th Circuit Ruling on the hiQ vs. Linkedin CaseSeptember 20, 2019
The original case was brought in California federal district court in 2017 by a company (hiQ) trying to protect its business of using publicly posted user data on LinkedIn. The California federal district court awarded a temporary restraining order against LinkedIn. This order allowed hiQ to keep scraping data off of LinkedIn’s platform on employees in connection with one of…
News
- HMB Elevates Robert J. Schaul to PartnerDecember 18, 2020
Chicago, IL December 18, 2020 HMB Legal Counsel, a preeminent provider of legal services in Business and Finance, State and Local Tax, Trusts and Estates, Bankruptcy, Reorganization and Creditors' Rights, Real Estate and Litigation announced that Robert J. Schaul was elevated to partner. Robert is a partner in HMB’s Business and Finance Group. He focuses his practice on general corporate…
- HMB Represents NextLevel in $50M Merger with California-Based Healthcare CompanyJanuary 10, 2020
NextLevel Health Innovations, Inc. ("NextLevel"), a managed care health plan for Cook County residents with Medicaid known for its community involvement, has signed a Merger Agreement with Molina Healthcare, Inc. ("Molina"), a FORTUNE 500 company. HMB represented NextLevel in the negotiation and signing of the Merger Agreement. As part of the transaction, Molina will assume the right to serve approximately…
- HMB represents Ascent in $19.3 Million Series B Funding RoundNovember 6, 2019
HMB represented Ascent in a $19.3 Million Series B Funding Round, led by Drive Capital. Ascent is an AI-driven solution company. Their goal is to help customers automate regulatory compliance by delivering customers regulatory knowledge in the form of a dynamic obligations register. This approach reduces the mundane and error-prone manual efforts of regulatory research and analysis. With Series B…
