Law Firm Business Transactions

In the spring of 2021, the affiliated owners and operators of healthcare facilities based in the southeast completed a sale of assets in a transaction valued in excess of $750 million. Poyner Spruill LLP was lead counsel to sellers in the transaction. Poyner Spruill LLP’s team was led by partner Dave Krosner and included associates Chris Dwight and Frank Pray on mergers and acquisitions (M&A) matters; partners Sam Johnson and  Stephanie Sanders for real estate;… Continue Reading

Flaherty Sensabaugh Bonasso attorneys Jim Lane and Eric Johnson served as debtor’s counsel to a regional retail business in a chapter 11 bankruptcy. The debtor had been mired in class action litigation for 10 years. Total claims against the company exceeded $170 million. Though the bankruptcy was vigorously contested, the bankruptcy court confirmed the debtor’s plan of reorganization six months after the case was filed. The debtor prevailed in all appeals. The reorganized debtor has… Continue Reading

Louisville, Kentucky-based ScionHealth has entered into a definitive agreement to acquire Dallas-based Cornerstone Healthcare Group, an organization with 16 locations of specialty hospitals, senior living facilities, and a behavioral health facility. Flaherty attorney Bob Coffield is managing certificate of need and regulatory approvals for their Huntington, West Virginia, location. The deal is expected to be completed in the second half of this year. Read more here. Continue Reading

GWW team, a TELFA member firm, handled the sale of the shares of ADOB, Poland’s largest producer of foliar fertilizers and exporter to more than 80 countries worldwide, to Nouryon Chemicals International BV, a world leader in specialty chemicals. GWW also participated in the acquisition of Alumetal, the second largest producer of aluminum casting alloys in Europe, with a production capacity of 275,000 tons per year from three plants in Poland and one in Hungary.… Continue Reading

Rivkin Radler Partner Stella Lellos, Doug Menikheim, counsel to Rivkin Radler, and Associate Samantha Barbere represented Tigre USA, Inc. in a major acquisition. The U.S. subsidiary of a Tigre Group – a Brazil-based multinational company supplying plumbing, HVAC and irrigation products – acquired Dura Plastic Products, Inc. a manufacturer and distributor of molded plastic products for the plumbing, pool and spa markets and its two affiliates on April 8, 2021. The deal closed in only… Continue Reading

Barclay Damon partner David Luzon was successful in assisting client Eastern Niagara Hospital with a charitable fund whose purpose was restricted by the donor and could no longer be fulfilled. Luzon worked with the client and negotiated with the assistant attorney general in charge of charities in Western New York to change the use of the fund and lift the investment restrictions. The client identified a different organization, Niagara County Community College Foundation, that is… Continue Reading

Hinckley Allen represented its long-time client, Brinker Capital, a registered investment adviser, and its affiliated broker-dealer, in their sale to a new investment partnership controlled by funds affiliated with Genstar Capital Partners, a California-based private equity firm, and TA Associates Management, a Boston-based firm. The sale was consummated contemporaneously with the investment partnership’s acquisition of another financial services company, Orion Advisor Solutions, and its affiliates. The merger represents a significant moment for the financial services… Continue Reading

William Cornachio and Michael Twersky of Rivkin Radler closed on a $50 million CMBS loan received from Citi Real Estate Funding on behalf of the firm’s client. The loan is secured by mortgages on 19 multi-family residential properties located in Brooklyn Heights, Columbia Heights and the Upper West Side, all bearing New York City landmark status. Matthew Spero and Stuart Gordon prepared the required substantive non-consolidation (bankruptcy) opinion, and Evan Rabinowitz handled title examination. Continue Reading

Hinckley Allen represented Silver Buckle Capital in its acquisition of Ray-Jurgen, a Connecticut-based provider of commercial vehicle installation services, repair and maintenance services, vehicle lift inspection, and vehicle maintenance facility design. Established in 1976, Ray-Jurgen is one of the largest commercial vehicle equipment providers in the Northeast. Hinckley Allen provided advice and counsel to Silver Buckle Capital on matters related to the transaction, including working with Silver Buckle Capital’s commercial lenders and investors on transaction… Continue Reading

In December 2022, Moran Reeves & Conn PC’s transactional practice group assisted its client, Capital Square, with the acquisition, financing and private syndication of the Las Vegas Raider’s corporate headquarters and training facility in Henderson, Nevada Continue Reading

The national publication Bond Buyer named Buffalo Sewer Authority, a Barclay Damon client, as the winner of the Bond Buyer 2021 Deal of the Year Award in the Small Issuer Financing category, and now the firm’s client has scored a second honor for the same deal. It has been named Green Bond of the Year—US Muni Bond by Environmental Finance. Barclay Damon represented Buffalo Sewer Authority in the award-winning $49.2 million issuance of sewer system… Continue Reading

Following a multi-year effort, attorneys Caleb Knight and Bob Coffield successfully argued for the approval of a certificate of need exemption for War Memorial Hospital, Inc. to acquire and operate an MRI scanner at Valley Health Spring Mills in Martinsburg, West Virginia. The West Virginia Health Care Authority had denied the exemption. The denial had been upheld by the West Virginia Office of Judges (predecessor to the new Intermediate Court of Appeals of West Virginia)… Continue Reading