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Corporate Group Completes Sale of Client’s Subsidiary and Release of Loan Collateral

The Firm’s Corporate and Securities practice group represented a company in the law enforcement and safety products industry in connection with the sale of a subsidiary involved in manufacture, sale and distribution of body-worn cameras and related data storage to a publicly traded company for a combination of cash and stock.  The Firm’s corporate and Securities group also represented the seller in its negotiations with the lenders in releasing the collateral securing the loans to the seller and consenting to the sale of the subsidiary.