Attorney Kent Clayton, of Berger Kahn ALC, acted as seller’s legal counsel in the sale of a satellite-tracking ground station facility to a publicly traded satellite-based imaging company for an undisclosed amount. The acquisition of the ground station facility expands the buyer’s direct control of its existing in-orbit satellite assets. The sale was completed on April 1, 2014.
“Both buyer and seller were pleased with the efficiency and timeliness of legal counsel in the completion of this acquisition,” Clayton commented, “It was vital that the acquisition be completed on time and that there was no interruption of communications with the satellites during the handover of the facility, so the development of a detailed technical transition plan by the business and legal teams was an essential part of ensuring the successful and timely consummation of this transaction.”
ABOUT BERGER KAHN: Berger Kahn is a California-based law firm with practice areas including insurance coverage and litigation, business litigation, labor and employment, serious personal injury, wrongful death, and subrogation. The firm has offices in Orange County, Los Angeles, San Diego, and the San Francisco Bay Area. www.bergerkahn.com https://www.facebook.com/BergerKahnLaw?sk=info
ABOUT KENT CLAYTON: Kent M. Clayton has over 25 years of legal experience, mainly in the role of outside general business counsel to private and public companies. In addition to representing clients in company acquisition, sale transactions and other significant business deals, Kent also provides outside general counsel services to Southern California and Silicon Valley companies who want a highly-responsive senior corporate attorney with extensive technology industry experience. http://bergerkahn.com/our-people/kent-m-clayton/