Halloran & Sage represented a regional communications corporation in a $1.8 million private equity placement. The H & S team, consisting of partners James Maher and Suzanne Scibilia and associate Casey O’Connell, helped the client navigate through federal securities law requirements and the blue sky laws of multiple states, and also negotiated and documented the transaction in a stock purchase agreement whereby the client received cash in exchange for newly-issued shares. H & S solved corporate governance issues to avoid delaying the deal’s tight timeframe and devised unique contractual mechanisms to ensure that the two-tiered structure of the transaction was properly documented in an initial closing while providing for a possible second closing that was contingent on the occurrence of certain events.