Experience

Kegler Brown Hill + Ritter acted as counsel to the Trustee of an Employee Stock Ownership Trust (“Trust”) for an Ohio-based manufacturer of laminated panels and customized fabricated components, established pursuant to the Laminate Technologies Holdings Inc Employee Stock Ownership Plan, in the negotiation of a stock purchase agreement whereby the Trust purchased 100% of the issued and outstanding Company stock.

Along with negotiating the terms of the letter of intent and stock purchase agreement, conducting the due diligence review, and negotiating the various ancillary documents required to consummate the transaction, the Kegler attorneys were also tasked with reviewing the various internal restructuring processes of the target Company. 

Several disclosures regarding the Company were made on the eve of closing, with little to no diligence documentation provided evidencing such disclosures, and the Kegler team was able to negotiate additional indemnification protections for our client given the last-minute disclosures.