As reported on by two New York papers, CTSW filed a lawsuit for our client, a major precious metals depository, claiming that millions of dollars in gold, platinum and palladium must be cleaned or melted down because its financial district landlord failed to take sufficient measures to prevent flooding and attendant damages resulting from Hurricane Sandy.
“Our client Trinity Packaging Corporation, an independent manufacturer and distributor of specialized plastic bags, completed the acquisition of Cello Pack Corporation and American Barrier Films Inc., both of Buffalo, New York.
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.