Ruden McClosky Signs Asset Purchase Agreement with Greenspoon Marder

Nov 1, 2011

FT. LAUDERDALE, FL (Tuesday, November 1, 2011) – Ruden McClosky announces that it has signed an asset purchase agreement with Greenspoon Marder to combine both firms’ resources under the Greenspoon Marder name. The combined operations will have approximately 140 attorneys and 400 staff members located in offices throughout the state and will position Greenspoon Marder as one of Florida’s largest full-service law firms.

The sale will provide Greenspoon Marder with greater access to new Florida markets where Ruden McClosky currently maintains a presence, including Miami, Naples and Port St. Lucie, as well as bolster the Greenspoon Marder brand in Fort Lauderdale, where both firms have enjoyed a longstanding history for decades. Additionally, this combination will allow Greenspoon Marder to expand its areas of legal practice to include new and emerging areas of law, such as healthcare, intellectual property, public finance, international law, and international tax, among others.

“This agreement creates one of the strongest brand footprints of any law firm in the state of Florida,” said Michael Krul, managing director of Ruden McClosky. “Both firms share similar philosophies with regard to corporate culture and commitment to exceptional client service, making this a smooth transition and laying the foundation for a successful long-term relationship.”

As part of the transaction with Greenspoon Marder, Ruden McClosky has filed a motion to approve the transaction with the United States Bankruptcy Court for the Southern District of Florida under Chapter 11. This will confirm Ruden McClosky’s ability to close the sale of its assets to Greenspoon Marder, consistent with its obligations to existing creditors. Pending approval from the court, the sale is expected to close on or before December 1, 2011.

About Ruden McClosky
Ruden McClosky, one of Florida’s largest and longest standing full-service law firms, represents regional, national, and international clients with business interests throughout the state. With offices across Florida, Ruden McClosky is fueled by strong client relationships, a roster of experienced attorneys, and a commitment to delivering superior client service with a focus on results. Among the most respected law firms in the state for more than 50 years, the firm’s culture is grounded in professionalism, diversity, and civic involvement. For more information please visit www.ruden.com.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 240 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has upheld a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

MEDIA CONTACT

Natalie Villanueva, Director of Marketing
954.333.4308 | natalie.villanueva@gmlaw.com

This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

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