CONTRACTORS. Starting August 13, 2020, Section 889(a)(1)(B) of the 2019 National Defense Authorization Act comes into effect. It prohibits businesses with federal contracts from using telecommunication and video surveillance equipment or services provided by certain Chinese companies[1] as an essential or substantial part of any system (“Prohibited Technology”). Notably, use …
Pittsburgh HVAC Contractor Expands Its Florida Operations
One of Pittsburgh’s largest mechanical contractors recently closed on the purchase of a strategic business located in Tampa, Florida, expanding the company’s mid-Atlantic and East Coast operations. Stonecipher partners Ron Roteman and Beau Beard represented the buyer.
American College of Bankruptcy 2020 Officers and Board of Directors
We would like to congratulate our partner George Snyder on being elected to serve an initial two-year term on the 2020 board of directors for The American College of Bankruptcy. The American College of Bankruptcy is an honorary public service association of United States and international insolvency professionals who are …
Stonecipher counsels Client Through Fundamental Restructuring
July 28, 2017 saw the closing on three asset purchase agreements, a third party purchase agreement, an asset exchange agreement and a multi-million dollar revolving line of credit, all of which document a new era for one of Stonecipher’s largest and dearest clients. As a marketer and distributor of Coca-Cola™ …
Conneaut Lake Chapter 11 Plan Confirmed
After 20 months in an aggressively contested chapter 11 case, key constituents found the means to compromise and gave Conneaut Lake Park a chance to shine as one of the last remaining vintage amusement parks. Find two great articles here: one on Plan Confirmation; the other on the Park Turnaround. …