Advisor to HealthSouth in Sale of Hospitals
Advised HealthSouth Corporation in connection with the sale of six long term acute care hospitals for a price of approximately $120 million.
Restructuring of Academic Medical Center
Advised academic medical center on proposed corporate restructuring, including analysis of Stark implications and other regulatory issues.
Representation of HealthSouth in Sale of Facility
Represented HealthSouth Corporation in connection with the sale of its inpatient rehabilitation facility in Baton Rouge, Louisiana.
Advised Client in Joint Venture with Nonprofit Hospital
Advised client in connection with the formation of a joint venture with a nonprofit hospital.
Sale by Diagnostic Health Corporation of diagnostic imaging centers
Represented Diagnostic Health Corporation in connection with the sale of limited liability company interest of an entity that owned two diagnostic imaging facilities located in Chesapeake, Virginia to Outpatient Imaging Affiliates, an owner and operator of diagnostic imaging facilities headquartered in Nashville, Tennessee.
Corporate Restructuring and Divestitures
Represented HealthSouth Corporation in the sale of its ambulatory surgery division to Texas Pacific Group in a transaction valued at approximately $920 million and in the sale of its outpatient rehabilitation division to Select Medical Corporation in a transaction valued at approximately $245 million. Each transaction involved a complicated internal restructuring to prepare the divisions for sale.
Ambulatory Surgery Centers
Represented Surgical Care Affiliates in connection with general corporate matters and transactions involving numerous outpatient ambulatory surgery centers.
Counsel to Hyundai Heavy Industries for $90 Million Manufacturing Plant
Counsel to Hyundai Heavy Industries and its subsidiary Hyundai Electric Systems Alabama, Inc., in locating a $90 million manufacturing plant to Montgomery, Alabama, their first manufacturing facility in North America. The team successfully negotiated the project agreement, as well as the incentives package, with the State of Alabama and the local governments and provided counsel with respect to real estate, corporate, construction, labor and employment, choice of entity and state and local tax issues.
Counsel to POSCO AAPC LLC
Counsel to POSCO America Corporation and POSCO AAPC, LLC in connection with its location of a $19 million steel coil slitting facility in Jefferson County, Alabama. Negotiated with the County and the industrial development authority to acquire real estate and grant incentives.
Counsel to North American Lighting
Counsel to North American Lighting in connection with its location of a $21 million automotive lighting manufacturing facility in the Muscle Shoals area, including negotiation of a project agreement with the State and the local governments.
Counsel to Hyundai Motor Manufacturing Alabama LLC and Suppliers
Counsel to Hyundai Motor Manufacturing Alabama, MOBIS Alabama and other Tier 1 automotive supply companies in the negotiation of incentives and the implementation of economic development projects in Alabama.
Merger of Parish National Corporation with Whitney Holding Corporation
Represented Parish National Corporation in its sale to Whitney Holding Corporation in a transaction valued at approximately $165 million.
Merger of SouthTrust Corporation with Wachovia Corporation (2004)
Assisted in the sale of SouthTrust to Wachovia in a merger valued in excess of $14 billion.
Sale of Wachovia Bank Branches ($600 million in deposits)
Represented Wachovia Bank in sale of branches representing a total of $600 million in deposits to R-G Crown Bank.
Surgical Care Affiliates, Inc. (NASDAQ: SCAI) Initial Public Offering
Advised Surgical Care Affiliates, Inc. in its $270,000,000 initial public offering.