Corporate partner Paul Tauber and tax partner Julie Treppa represented Atlanta-based Kabbage Inc. in securing a $75 million credit facility from Victory Park Capital and Thomvest Ventures. Kabbage Inc. is the leading online provider of small business financing. Following a successful Series C round of financing in September when it raised $30 million, the additional credit enables Kabbage Inc. to continue to provide growth and working capital to businesses that sell products online. Click here to read the featured article from Forbes.
Pacific Forest Trust is awarding Coblentz Partner Bill Hutton the Sequoia Award in honor of his achievements representing national conservation organizations and local and regional land trusts. Most recently, Bill Hutton was responsible for the tax planning on the conveyance of two conservation easements by Ulupalakua Ranch to Maui Coastal Land Trust, representing the largest private land conservation transaction ever done in the State of Hawaii.
November 5, 2012
Coblentz partner Sara Finigan has been elected to the Lawyers' Committee for Civil Rights' (LCCR) Board of Directors. The LCCR of San Francisco Bay Area advances, protects and promotes the rights of communities of color, immigrants and refugees - with a specific focus on low income communities and a long-standing commitment to African-Americans - by leveraging the power of the private bar to support direct service, and impact litigation and policy advocacy legal strategies. The Board of the LCCR is committed to these principles of social justice that guide their work. The Coblentz firm is also a pro bono partner of the LCCR - contributing their time to provide legal services to the community.
Business Practice Completes Acquisition of SSF Imported Auto Parts, Inc. by Germany's Wessels+Müeller AG
September 1, 2012
Paul Escobosa, Todd Hovey and Jeffry Bernstein counseled SSF Imported Auto Parts, Inc. in its acquisition by Wessels+Müller AG (WM). SSF Imported Auto Parts, headquartered in South San Francisco, distributes high quality European replacement parts, expertise and service for Audi, BMW, Mercedes-Benz, Mini, Porsche, SAAB, Volvo and Volkswagen automobiles to the same core customer as Wessels+Müller AG. Based in Osnabrück, Germany, Wessels+Müller AG is one of the largest automotive part dealers in Germany with over 100 warehouse locations in Germany, Austria and the Netherlands. “SSF and W+M have a strong overlap in programs, suppliers and philosophies", adds Hans Kopecky, former co-owner who will assume the Chief Operating Officer position of the newly structured SSF Imported Auto Parts, Inc. Thomas Beer, an industry veteran, will serve as Chief Executive Officer. Wessels+Müller AG, with revenues approaching $1 billion, is fully owned by the Mueller family in its third generation.
August 16, 2012
Real Estate Partner Matthew Bove counseled Flynn Properties Inc. in its 60,000 square-foot lease to Pinterest, a fast growing online social network company where people connect over images, videos and other objects they “pin” to virtual posting boards. Pinterest’s new home at 808 Brannan Street will join the SoMA offices of other social media and tech firms, including Zynga, Twitter, AirBNB and Adobe.
August 14, 2012
Coblentz is pleased to announce that it has been recognized as a 2012 Go-To Firm® in Litigation by ALM Publication – (publishers of Corporate Counsel and American Lawyer magazine). Coblentz is honored to be recommended by our clients and included in this elite list of firms who handle the significant legal matters of the world’s leading companies.
Business Partner, Paul Escobosa, and Associate, Lindsay Gehman, represented award winning design agency, Philippe Becker Design, in its acquisition by Diversified Agency Services (DAS), a division of Omnicom Group Inc. Philippe Becker will join forces with Sterling Brands, a leading brand consultancy with offices in New York, San Francisco and Los Angeles. Four years ago, Paul Escobosa represented Sterling Brands when it was acquired by DAS and has represented numerous advertising agencies and marketing service agencies in merger and acquisition transactions by global media, communications and marketing service companies.
July 24, 2012
Coblentz is listed as one of the Top 3 Best Trusts & Estates Firms in The Recorder’s ”The Best of 2012.” Coblentz has been honored by The Recorder’s annual “The Best of” list for the past three years.
Coblentz Intellectual Property-Litigation Partner Julie Greer has recovered sanctions on behalf of client Sony Music Entertainment in a case involving the Jazz legend, Nina Simone. Nina Simone’s former husband and business manager, Andrew Stroud, and his attorney were ordered to pay more than $40,000 in sanctions to the jazz great’s estate, record label, and attorney after a federal court ruling by U.S. District Judge Donna Ryu. The case involves the ownership and sale of Nina Simone’s recordings. The Court found that Stroud violated a 2011 Court Order by selling disputed recordings to entertainment company, ICU.