RC Law Counseled Lenders of Skully Helmets on the Acquisition of Distressed Assets

RC Law acted as U.S. counsel to a Spanish group operating in the motorcycle industry, in connection with the distressed purchase of the assets of Skully Helmets, Inc., a California based company. The target was under the control of its lenders through several investment vehicles. The transaction involved an asset purchase by a special purpose vehicle in consideration of the issuance to the sellers of stock of such company, aggregating 20% of its equity. The transaction was completed in February of 2017. Sellers’ counsel was represented by Greene, Radovsky, Maloney, Share and Henningh LLP of San Francisco, California.