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Gregg R. Cannady

Attorney Profile

Gregg R. Cannady

  • Bar Memberships
    • State Bar of Texas
    • Amarillo Area Bar Association
  • Law clerk for the Honorable Thomas M. Reavley, United States Court of Appeals for the Fifth Circuit
  • Law Review: Member, Editorial Board – Loyola of Los Angeles Law Review
  • J.D. Loyola Law School, cum laude (1989)
  • B.A. Rice University (1977)

After 18 years of private law practice at a leading Dallas law firm and 5 years serving as general counsel for one of Texas’ largest home health care providers, Gregg R. Cannady joined Brown & Fortunato, where he is a shareholder.

Gregg has a general business practice focusing on mergers and acquisitions, corporate finance, corporate governance, business start-ups and general business advice.  In his transactional practice Gregg has served as the principal legal advisor on numerous mergers, acquisitions and divestitures in a variety of industries to help clients achieve growth, streamlining or exit strategies.  Gregg has negotiated and drafted purchase and sale agreements, merger agreements and ancillary documents such as employment and consulting agreements, confidentiality and non-compete agreements, earn-outs and escrow agreements.

Gregg has also served as the lead legal advisor to borrowers in securing funding to support the growth of the business and in structuring and implementing recapitalization plans.  In that capacity, he has negotiated and drafted loan documents and related instruments such as guarantees, security and pledge agreements, promissory notes and the like.

As a portion of his duties as in-house counsel, Gregg served as the lead management team member in developing and executing an effective and aggressive acquisition program.  Gregg’s broad range of experiences and participation on the business side of transactions result in a practical problem-solving approach to legal issues designed to achieve business objectives.

In his private practice Gregg has served as general counsel for a number of businesses in handling day-to-day legal matters.  In that capacity, Gregg has advised management on a broad array of issues including questions of employment law, real estate lease negotiations, distribution and materials supply agreements, commercial disputes and questions of corporate governance, including the exercise of fiduciary duties by directors and officers as well as the interpretation of shareholder rights under state law and shareholder agreements.

Gregg was born in Guymon, Oklahoma and grew up in West Texas.  After graduating from Lamesa high school, Gregg attended Rice University on a football scholarship where he was a member of the Rice Owls football team during his four years in Houston.  After receiving his B.A at Rice, Gregg attended the LBJ School of Public Affairs at the University of Texas at Austin and received his M.P.A in 1979.  Upon graduation from the LBJ School, Gregg worked for Atlantic Richfield Corporation in Dallas and Los Angeles in its government relations department.

While working with ARCO in Los Angeles, Gregg attended law school at Loyola of Los Angeles where he was inducted into the Alpha Sigma Nu and St. Thomas More honor societies.  Gregg was also a member of the Order of the Coif and graduated cum laude in 1989.

Gregg has written and spoken on a variety of topics including issues arising in the acquisition and sale of privately held businesses, director and officer liability insurance and corporate governance.  In 2005, Gregg served as a member of the Manual Committee and Editorial Board for the Texas Business Entities Forms Manual: Corporations published by the Corporation Law Committee of the Business Law Section of the State Bar of Texas.  In 2005 and 2006, Gregg was designated as a Texas Super Lawyer in Business/Corporate law. Super Lawyers is a Thomson Reuters service.

Gregg and his wife of 37 years, Connie, have three adult sons.  In his free time, Gregg enjoys traveling, hiking, reading and hunting.