Bankruptcy Court Approves Sale of Ruden McClosky Assets to Greenspoon Marder

Nov 30, 2011

Fort Lauderdale, Fla. – November 29, 2011 – Ruden McClosky announces that the United States Bankruptcy Court for the Southern District of Florida has approved the sale of its assets to the Greenspoon Marder law firm. As approved, the sale will result in combined operations totaling approximately 140 attorneys and 400 staff members located in 10 offices throughout the state.

The transaction positions Greenspoon Marder as one of Florida’s largest full-service law firms and provides Greenspoon Marder with greater access to new Florida markets where Ruden McClosky currently maintains a presence, including Miami, Naples and Port St. Lucie. Additionally, the deal bolsters the Greenspoon Marder brand in Fort Lauderdale, where both firms have enjoyed a longstanding history. Currently, Greenspoon Marder also has offices in Aventura, Boca Raton, West Palm Beach, Stuart and Orlando.

“Ruden McClosky has a rich history spanning more than five decades of providing exceptional client service,” said Michael Krul, managing director of Ruden McClosky. “While we will greatly miss the Ruden McClosky brand, we look forward to this next chapter and to continuing to deliver the same level of professionalism for which our firm has always been recognized.”

Approximately 50 Ruden McClosky attorneys will continue their practices under the Greenspoon Marder name, allowing the firm to expand its areas of legal practice to include new and emerging areas of law, such as: corporate securities; healthcare; intellectual property; public finance; international law and international tax.

In approving the sale, the court recognized that the transaction is consistent with the best interests of Ruden McClosky’s creditors and should proceed as anticipated.

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 | [email protected]

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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Bankruptcy Court Approves Sale of Ruden McClosky Assets to Greenspoon Marder

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