FOOD SUPPLEMENT MANUFACTURER PURCHASES COMMERCIAL PROPERTY & OBTAINS WASTEWATER DISCHARGE RIGHTS
Highlights
Cummins & White, LLP effectively represented Wellington Foods, Inc. in a purchase transaction that included a building, manufacturing equipment, and permits.
Cummins & White also worked with the Western Municipal Water District of Riverside County for assignment of important industrial wastewater rights.
Additionally, the firm obtained [...]
INTENTIONALLY DEFECTIVE GRANTOR TRUSTS PROTECT ASSETS FROM ESTATE AND GIFT TAXES
Highlights
Cummins & White, LLP developed a plan to help the owner of a successful business protect more than $30 million from estate and gift taxes by creating Intentionally Defective Grantor Trusts.
Based on its expertise in estate, gift, and income tax law, the firm [...]
RV FURNITURE MANUFACTURER GUIDED THROUGH COMPLEX BUSINESS PURCHASE
Highlights
Cummins & White, LLP successfully represented HTKF Holdings in an intricate business deal, negotiating with a third-party and allowing HTKF Holdings to acquire the assets and interests of its competitor.
In three weeks, negotiations were done and four complex transactions were completed, including an asset purchase agreement, [...]
AUTO FINANCE COMPANY COMPLETES MULTI-MILLION DOLLAR ACQUISITION
Highlights
Cummins & White, LLP successfully represented Bankers Auto Acceptance Corporation, an auto finance company, when it purchased a Southern California-based competitor.
Based on its expertise in mergers and acquisitions, Cummins & White conducted due diligence and drafted and executed nearly 40 sales-related legal documents, including the asset purchase [...]
APARTMENT OWNER SECURES FANNIE MAE APPROVAL OF LOAN TRANSFER AFTER THE FACT
Highlights
Cummins & White, LLP representing the owner of a 296-unit apartment building in a complex real estate transaction, worked with Wells Fargo and Fannie Mae to secure approval of a loan transfer from one of the owner’s corporate entities to another, avoiding [...]
SALE OF COUNTERTOP MANUFACTURER HELPS BUSINESS AVOID BANKRUPTCY
Highlights
Cummins & White, LLP successfully represented Jayar Manufacturing in the sale and/or lease of its assets to a competitor despite the fact that all company assets were encumbered by secured liens totaling nearly $3.5 million.
Based on its expertise in business acquisitions and business insolvency, the [...]
