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 www.ruden.com .
About Greenspoon Marder Greenspoon Marder is a national full-service business law firm with 240 attorneys and 26 locations across the United States. We are ranked amongst American Lawyer ’s Am Law 200, as one of the top law firms in the U.S. since 2015. Since our inception in 1981, our firm has been committed to providing excellent client service through our cross-disciplinary, client-team approach. Our mission is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs nationwide.
MEDIA CONTACT michelle.martinez.reyes@gmlaw.com
