Stroock & Stroock & Lavan Advises Parsons & Whittemore On Sale of Alabama River And Alabama Pine Pulp Mills
Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles and Miami, announced that Stroock partners Bradley G. Kulman, Lewis Kruger and Jeffrey Uffner are representing Parsons & Whittemore in its definitive agreement for subsidiaries of Georgia-Pacific to purchase Parsons & Whittemore’s Alabama River and Alabama Pine pine pulp mills in Perdue Hill, Alabama.
While terms of the deal were not made public, the sale is expected to close in the third quarter of this year.
Parsons & Whittemore, a privately held company based in Rye Brook, N.Y., was founded in 1853 and acquired by Karl F. Landegger in 1944. Throughout its history, the company has been recognized as a leading turnkey engineer/builder of pulp and paper mills, having completed some 60 projects in 28 countries. Alabama River Pulp is one of the largest pulp mills in North America and a leading global supplier of hardwood and softwood pulp.
Stroock & Stroock & Lavan LLP is a law firm providing transactional and litigation guidance to leading multinational corporations, investment banks and private equity firms in the U.S. and abroad. Stroock’s emphasis on client service and innovation has made it one of the nation’s leading law firms for over 130 years. Stroock’s practice areas include capital markets/securities, commercial finance, mergers and acquisitions and joint ventures, private equity, private funds, derivatives and commodities, employment law and benefits, energy and project finance, entertainment, environmental law, financial restructuring, financial services litigation, insurance, intellectual property, investment management, litigation, personal client services, real estate, structured finance and tax. For more information, contact Susan Peters, firstname.lastname@example.org or (212) 806-6098, or visit Stroock’s website at www.stroock.com.