On December 17, CTSW worked on and closed a $15M loan purchase for its client, ICON Investments, pursuant to which ICON invested in an oilfied services provider specializing in premium hydraulic fracturing, coiled tubing and other pressure pumping services.
CTSW represented a lender who provided a $10 million post-petition working capital revolving line of credit for a debtor-in-possession.
On July 22nd, in a case of first impression, CTSW argued before the Southern District of New York that the tragic events of September 11th did not constitute an “act of war” as that term is used in the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”).
CTSW represented Suneva Medical, a privately-held aesthetics company, with its acquisition from Spear Pharmaceuticals of worldwide rights to Refissa® and its marketed generic equivalent.
CTSW represented Planned Furniture Promotions, Inc. (PFP) and a joint venture in a bankruptcy auction for the right to liquidate the remaining 20 RoomStore locations in Maryland and Virginia.
As part of the firm's practice involving artists, galleries and collectors, Fred Sanders advises collectors of art and other collectibles on estate and gift planning.