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January 22, 2013
Manufacturer Represented in Stock Transactions; Key Corporate Governance Issues Resolved

Halloran & Sage represented a Connecticut manufacturing company in two separate stock redemption transactions involving the company’s principal shareholder and a longtime member of the board of directors. The transaction involving the principal shareholder was tailored to maximize the shareholder’s gifting limits under federal tax law, while the transaction involving the board member necessitated the resolution of corporate governance issues to properly proceed. The firm, led by partners James Maher and Vincent Liberti, Jr., and attorney Casey O’Connell, navigated the company through these issues to achieve successful redemptions within a year-end timeframe.

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James P. Maher
Vincent A. Liberti Jr.
Casey D. O'Connell
Corporate Business & Transactions