Our client held over $1 million in secured debt, but it was subordinated to several million dollars of senior secured debt that was in default. The senior lender had started a replevin action to repossess the debtor’s business collateral.
Partner
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Paul Hanley, along with other corporate attorneys at Spencer Fane, represents clients in all types of acquisition and sale transactions including purchases or sales of assets or stock, mergers, tax-free reorganizations, and leveraged buyouts. Paul also handles recapitalizations and restructurings, including spin-offs, divestitures, and other techniques for maximizing value. Paul often assists clients in non-brokered strategic acquisitions. |
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Private equity capital, venture capital, and private placements from angel and other accredited investors are important sources of capital. |