About Arnold
Growing up working for his family’s flag and banner company, Arnie’s business education started at a young age. Today, he is a member of Bernstein Shur’s Succession Planning practice group, and provides counsel to small and mid-sized companies in business matters of all types, from formation issues and real estate deals to mergers and acquisitions. He’s particularly well-versed in financing, and works with both profit and nonprofit clients on a range of complex transactions, including low-income housing development, conduit financing, and private stock placements. Arnie worked as a laborer for Bob Vila of This Old House in college, and has advised clients on construction contracts throughout his career.As the former chair of the Maine State Bar Association’s Business Law Section, Arnie is a trusted authority on corporate and limited liability company law, testifying on these issues before legislative committees and the Maine Supreme Court. He was a working group chair for the drafting of the Maine Business Corporation Act. He is also very active in providing legal service to indigent citizens, which prompted the Maine Bar Foundation to create the Arnie Macdonald Award, an honor given each year to a young attorney in recognition of his or her legal service work.Arnold is also very experienced in:Federal, state, and local affordable housing programs, including tax exempt bonds and tax credit financingsProduct distribution and marketing, including advertising claims, antitrust, collections, and franchisingRepresenting low income housing developersAdvising contractors, subcontractors, owners, and suppliers on construction matters and mechanic’s lien law, including insurance coverage of construction disputes
Growing up working for his family’s flag and banner company, Arnie’s business education started at a young age. Today, he is a member of Bernstein Shur’s Succession Planning practice group, and provides counsel to small and mid-sized companies in business matters of all types, from formation issues and real estate deals to mergers and acquisitions. He’s particularly well-versed in financing, and works with both profit and nonprofit clients on a range of complex transactions, including low-income housing development, conduit financing, and private stock placements. Arnie worked as a laborer for Bob Vila of This Old House in college, and has advised clients on construction contracts throughout his career.
As the former chair of the Maine State Bar Association’s Business Law Section, Arnie is a trusted authority on corporate and limited liability company law, testifying on these issues before legislative committees and the Maine Supreme Court. He was a working group chair for the drafting of the Maine Business Corporation Act. He is also very active in providing legal service to indigent citizens, which prompted the Maine Bar Foundation to create the Arnie Macdonald Award, an honor given each year to a young attorney in recognition of his or her legal service work.
Practice Areas
Education
Awards & Recognition
- Lawyer of the Year: Corporate Law, Portland, ME (2022)
- Lawyer of the Year: Construction Law, Portland, ME (2019)
- Recognized: Construction Law
- Recognized: Corporate Law
- Recognized: Project Finance Law
- Recognized: Real Estate Law
- Special Focus: Advertising
- Special Focus: Bankruptcy and Creditors' Rights
- Special Focus: Closely-Held Businesses
- Special Focus: Commercial
- Special Focus: Commercial Development
- Special Focus: Construction
- Special Focus: Contract Review and Negotiation
- Special Focus: Corporate Finance
- Special Focus: Family Businesses
- Special Focus: General Corporate
- Special Focus: Insurance Coverage
- Special Focus: Mergers & Acquisitions
- Special Focus: Partnership and Limited Liability
- Special Focus: Project Finance
- Special Focus: Residential Development
- Special Focus: Securities
- Special Focus: Succession Planning