D|J|P Successfully Represents Retiring Equity Owner in Restructuring Deal
Tom Taylor and Rachel Ortiz of Durham Jones & Pinegar recently represented the retiring equity owner of National Product Sales, Inc. in the restructuring of multiple subsidiaries and affiliated entities. The deal also included the transfer and sale of multiple parcels of real property in conjunction with the redemption / buy-out and retirement of a one-third equity owner in National Product Sales, Inc. (“NPS”).
NPS is a 40+ year old overstock merchandise wholesaler based in Salt Lake City, Utah. Amount: Confidential. Closed April 2017.
Thomas R. Taylor is a shareholder in Durham Jones & Pinegar’s Salt Lake City office. He practices in the areas of mergers and acquisitions, corporate, securities, leveraged buyouts, restructurings and recapitalization, private placements, corporate finance, complex loan transactions, emerging growth and technology company representations, venture capital and private equity financings, technology licensing, corporate governance, and general business and corporate matters.
Mr. Taylor maintains an “AV” rating with Martindale-Hubbell, which is the highest rating awarded to attorneys for professional competence and ethics.
Rachel L. Ortiz, Associate, practices in the firm’s Business & Finance. She works on a variety of corporate and securities law matters, including mergers and acquisitions, entity formations, debt and equity financing, corporate governance, and other general matters of business law.
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