Veteran corporate attorneys John Larson and William Myers thought they had seen it all when it came to acquisition deals, but they were wrong. When the two Morgan, Lewis & Bockius partners helped struggling Riverstone Networks sell most of its assets to Lucent Technologies, they faced a company history that included an SEC investigation, restated earnings and a shortage of statement filings. Given all that, the Morgan Lewis team went outside the box and used the bankruptcy process for the $170 million deal.
February 24, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Veteran corporate attorneys John Larson and William Myers thought they had seen it all when it came to acquisition deals, but they were wrong.
When the two Morgan, Lewis & Bockius partners helped struggling Santa Clara, Calif.-based firm Riverstone Networks sell most of its assets to Lucent Technologies Inc., many of the issues involved in the $170 million sale required talented negotiating.
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