successful RECENT USLAW LAW FIRM VERDICTS & transactions

Transactions

Flaherty Sensabaugh Bonasso (Charleston, WV)

Regional retail company successfully reorganized in Chapter 11 bankruptcy

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 fully performed under its plan and continues its business operations at 130 locations in West Virginia, Virginia, Kentucky and Ohio.

GWW (Poland)

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. The company was bought by Hydro Aluminium Metal for around PLN 1 billion to create a better offering of low carbon recycled aluminum. Finally, GWW provided full legal services for the conclusion of contracts between the Polish Volleyball Federation and International Volleyball Federation (FIVB). The agreements covered all issues related to the organization of events in sporting, technical and administrative terms, and the regulation of advertising, marketing, and broadcasting rights.

Hinckley Allen (Hartford, CT)

Hinckley Allen represents client in acquisition of largest commercial vehicle equipment provider in Northeast

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 funding and capital structure.

Following the successful acquisition of Ray-Jurgen, Hinckley Allen assisted Silver Buckle Capital in the acquisition of Rondout Lift, which provides commercial vehicle lift maintenance to customers in Connecticut, New York, and New Jersey. This transaction represented a strategic acquisition for Ray-Jurgen, expanding its suite of customer services and expanding Ray-Jurgen’s geographic footprint in the Northeast.

Moran Reeves & Conn PC (Richmond, VA)

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.