Sullivan
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Biography

  • Estate planning assistance for two families each with more than one billion dollars of net worth
  • Tax planning for more than one hundred mutual fund combinations
  • Represented issuer in the creation of the first partnership swap funds for persons holding highly appreciated securities
  • Designed spin off and merger structure for multi-billion-dollar cable television acquisition
  • Represented United States shareholders of large foreign investment management firm to protect deferral of United States income tax on firm’s income
  • Represented purchasers in transactions which have transferred more than $100 million in tax credits for production of non-traditional fuels to taxable users of credits
  • Assisted in tax planning for bankruptcy reorganization of Pennsylvania Railroad

Matters

  • Estate planning assistance for two families each with more than one billion dollars of net worth
  • Tax planning for more than one hundred mutual fund combinations
  • Represented issuer in the creation of the first partnership swap funds for persons holding highly appreciated securities
  • Designed spin off and merger structure for multi-billion-dollar cable television acquisition
  • Represented United States shareholders of large foreign investment management firm to protect deferral of United States income tax on firm’s income
  • Represented purchasers in transactions which have transferred more than $100 million in tax credits for production of non-traditional fuels to taxable users of credits
  • Assisted in tax planning for bankruptcy reorganization of Pennsylvania Railroad

Matters

Horizon Beverage Group, Inc. Acquired by the World’s Preeminent Distributor of Beverage Alcohol

Sullivan represented Horizon Beverage Group Inc., one of New England’s premier alcohol distributors, in its sale to Southern Glazer’s Wine & Spirits, the world’s preeminent distributor of beverage alcohol. The acquisition marks an exciting expansion for Southern Glazer’s, adding Massachusetts and Rhode Island as the 46th and 47th markets in its U.S. footprint, alongside operations in Canada and the Caribbean.

“We are grateful to Horizon’s employees, customers, and partners for so many years of success, and this transition represents an even brighter future for all,” said Bob Epstein, CEO/President at Horizon. “We’re confident that Southern Glazer’s strength and scale will not only support a smooth integration, but also create new opportunities for growth and success.”

“We’re committed to maintaining the exceptional service that Horizon is known for while bringing the added benefits of being part of the Southern Glazer’s family,” added Jim Rubenstein, CEO/Treasurer at Horizon. “This partnership ensures stability and growth for all stakeholders and strengthens our ability to deliver value across the board.”

Lewis N. Segall, Charles E. Chambers Jr., Ida J. Vanto, Sharon G. Leifer, Steven M. Cunningham, Jr. and Christopher C. Curtis