Holland & Knight

Leading Financial Services Trade Organizations Challenge Colorado’s Interest-Rate Caps on Out-of-State Banks

Retrieved on: 
Monday, March 25, 2024

Three leading trade organizations for the financial services industry filed a lawsuit in federal court today, challenging a new Colorado statute that violates federal law by imposing interest-rate and fee caps on loans made to Colorado residents by state-chartered banks, including banks outside Colorado.

Key Points: 
  • Three leading trade organizations for the financial services industry filed a lawsuit in federal court today, challenging a new Colorado statute that violates federal law by imposing interest-rate and fee caps on loans made to Colorado residents by state-chartered banks, including banks outside Colorado.
  • Plaintiffs in the case are three trade associations: The National Association of Industrial Bankers; the American Financial Services Association; and the American Fintech Council.
  • With the caps imposed by HB 23-1229, plaintiffs’ members will no longer be able to offer these mainstream products to higher-risk Colorado consumers.
  • “Because the law’s interest rate caps apply only to state-chartered banks, national banks will be able to continue charging the rates permitted under federal rules.

Hilgers Graben Adds Attorney Scott Mascianica to Lead Government Investigations Team

Retrieved on: 
Monday, March 18, 2024

Nationwide litigation firm Hilgers Graben has announced that attorney Scott Mascianica will join its Dallas office as a partner and head of the firm’s Government Investigations and Regulatory Enforcement group.

Key Points: 
  • Nationwide litigation firm Hilgers Graben has announced that attorney Scott Mascianica will join its Dallas office as a partner and head of the firm’s Government Investigations and Regulatory Enforcement group.
  • Hilgers Graben’s Government Investigations and Regulatory Enforcement practice is comprised of former federal government prosecutors, SEC enforcement attorneys, and big law partners.
  • Mr. Mascianica most recently was a partner at the Dallas office of Holland & Knight, where he was co-chair of the firm’s Securities Enforcement Defense team.
  • With 140 attorneys nationwide, Hilgers Graben uses common-sense business principles to provide high-value legal services while keeping rates reasonable for clients.

Haig Partners Serves as the Exclusive Advisor on the Sale of Lebanon Ford to Nucar Family of Dealerships

Retrieved on: 
Wednesday, March 13, 2024

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.
  • Lebanon Ford has been a family endeavor, managed by my sons, Nathan and Evan, alongside our COO and longtime friend, Ray Gaudette, since its inception.
  • "We extend our heartfelt congratulations to Chris and Dan Dagesse of Nucar Family of Dealerships on this acquisition.
  • The sale of Lebanon Ford represents the 26th dealership the team at Haig Partners has bought or sold in New England.

Benzinga Cannabis Capital Conference Presents Stellar Speaker Line-Up Amid Anticipated Cannabis Rescheduling

Retrieved on: 
Tuesday, April 2, 2024

HOLLYWOOD, Fla., April 2, 2024 /PRNewswire/ -- In an unprecedented gathering of minds, the Benzinga Cannabis Capital Conference is set to highlight the brightest in the industry. Taking place on April 16-17 at The Diplomat Beach Resort, Hollywood, Florida, this event comes at a critical juncture as the cannabis industry anticipates a significant shift with potential rescheduling from Schedule 1 to Schedule 3, opening new avenues for growth and innovation in the coming months.

Key Points: 
  • HOLLYWOOD, Fla., April 2, 2024 /PRNewswire/ -- In an unprecedented gathering of minds, the Benzinga Cannabis Capital Conference is set to highlight the brightest in the industry.
  • "As we stand on the precipice of achieving long-fought cannabis reforms, convening leaders at the Benzinga Cannabis Capital Conference to discuss mutual challenges, objectives and opportunities could not come at a more critical time for our industry," says Darren Weiss, president of Verano.
  • As Scott Greiper, founder and president of Viridian Capital Advisors, puts it: "The cannabis industry has only one event where cannabis companies, investors, lenders and acquirers meet to discuss and close deals.
  • "Empowering women to lead in business isn't just about gender equality; it's about unlocking the full capital potential of our industry.

Bloomberg Government Releases 9th Annual Top-Performing Lobbying Firms Report, Unveiling Insights into Record-Breaking Federal Lobbying Expenditures

Retrieved on: 
Monday, April 1, 2024

WASHINGTON, April 1, 2024 /PRNewswire/ -- Bloomberg Government today released its annual comprehensive analysis of the top-performing lobbying firms.

Key Points: 
  • WASHINGTON, April 1, 2024 /PRNewswire/ -- Bloomberg Government today released its annual comprehensive analysis of the top-performing lobbying firms.
  • Bloomberg Government's report finds that federal lobbying expenditures reached a record high $4.27 billion in 2023.
  • Bloomberg Government analyzed Lobbying Disclosure Act reports from every firm that was registered with the Senate and House in 2023.
  • "Now in its ninth year, Bloomberg Government's annual analysis of the lobbying industry offers unparalleled insights into the dynamic landscape of lobbying," said Arielle Elliott, president, Bloomberg Government.

DifGen Pharmaceuticals Acquires the Operating and Manufacturing Assets of an FDA-Registered Finished Dosage Manufacturing Facility in Florida, Enhancing its Manufacturing Footprint in the United States With the Addition of Manufacturing Capabilities in St

Retrieved on: 
Monday, March 18, 2024

The facility has state-of the art manufacturing capability to handle solutions/ suspension/ emulsions through blow-fill-seal, form fill seal technology and traditional filling of liquid and semi-solid products in a variety of dosage forms including stick packs and unit-dose cups.

Key Points: 
  • The facility has state-of the art manufacturing capability to handle solutions/ suspension/ emulsions through blow-fill-seal, form fill seal technology and traditional filling of liquid and semi-solid products in a variety of dosage forms including stick packs and unit-dose cups.
  • This transaction is expected to be accretive to our revenue and growth in 2024."
  • In related news, DifGen also announced that it is in the process of relocating its corporate headquarters to a state-of the art 40,000 sq.ft facility in Miramar, Florida beginning April 1, 2024.
  • Holland & Knight LLP represented DifGen Pharmaceuticals in this transaction.

SportsMed Physical Therapy Opens 3 New Clinics in Q1 2024

Retrieved on: 
Thursday, March 14, 2024

GLEN ROCK, N.J., March 14, 2024 /PRNewswire/ -- SportsMed Physical Therapy announces opening three new clinics in the first quarter of 2024: West New York, Englewood, and Linden, NJ. The Englewood clinic is the second SportsMed Physical Therapy in the same town.

Key Points: 
  • The physical therapy company increases its footprint to 42 locations and brings its multi-disciplinary services to West New York, Englewood and Linden, NJ
    GLEN ROCK, N.J., March 14, 2024 /PRNewswire/ -- SportsMed Physical Therapy announces opening three new clinics in the first quarter of 2024: West New York, Englewood, and Linden, NJ.
  • A leading provider of outpatient rehabilitation care, SportsMed offers physical therapy, occupational therapy, chiropractic care, acupuncture services, and pelvic floor physical therapy across New Jersey and Connecticut.
  • SportsMed also recently launched its HomeCare division, which provides outpatient home-based physical therapy, occupational therapy, and speech therapy services.
  • SportsMed Physical Therapy West New York, Englewood, and Linden will offer the same exceptional patient care and clinical excellence to these communities that SportsMed is known for."

ReliaQuest Names Jody Keeling General Counsel and Laura Westerman Tanner Chief People Officer

Retrieved on: 
Thursday, March 7, 2024

Jody Keeling, VP and Corporate Counsel, is now General Counsel.

Key Points: 
  • Jody Keeling, VP and Corporate Counsel, is now General Counsel.
  • Laura Westerman Tanner, Director and Corporate Counsel, is now Chief People Officer, overseeing all of ReliaQuest’s people business partners and human resources functions.
  • Keeling is also responsible for ReliaQuest’s corporate governance, including ongoing support for KKR’s $300 million investment in ReliaQuest.
  • Laura Westerman Tanner joined ReliaQuest in 2019 to help advise on employment and corporate related matters.

Levine Leichtman Capital Partners Acquires USA Water

Retrieved on: 
Thursday, February 22, 2024

Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has acquired USA Water (the “Company”) from Warren Equity Partners in partnership with management.

Key Points: 
  • Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has acquired USA Water (the “Company”) from Warren Equity Partners in partnership with management.
  • Headquartered in Rosenberg, Texas, USA Water is a leading provider of operations and maintenance (“O&M”) services for water and wastewater systems across the Southeast United States.
  • “We are delighted to partner with USA Water, one of the leading O&M providers of water infrastructure services,” said Matthew Rich, Partner at LLCP.
  • “I am thrilled that USA Water is joining forces with LLCP as we embark on our next chapter of growth,” said Mr. Haley.

SportsMed Physical Therapy Launches HomeCare division, providing in-home outpatient rehabilitation services throughout New Jersey & Connecticut

Retrieved on: 
Friday, March 8, 2024

GLEN ROCK, N.J., March 8, 2024 /PRNewswire/ -- In February, SportsMed Physical Therapy launched its latest core service offering: SportsMed HomeCare.

Key Points: 
  • SportsMed expands to its comprehensive offerings with the addition of HomeCare,
    GLEN ROCK, N.J., March 8, 2024 /PRNewswire/ -- In February, SportsMed Physical Therapy launched its latest core service offering: SportsMed HomeCare.
  • SportsMed HomeCare provides in-home outpatient physical therapy, occupational therapy, and speech therapy services to homebound patients in the same regions as SportsMed's brick-and-mortar clinics.
  • A leading provider of outpatient rehabilitation care, SportsMed offers physical therapy, occupational therapy, chiropractic care, acupuncture services, and pelvic floor physical therapy across New Jersey and Connecticut.
  • SportsMed HomeCare aims to bridge the gap between inpatient treatment and outpatient rehabilitation services."