Blank Rome Represented Special Committee of LSB Industries in Exchange Agreement
A Blank Rome team represented the Special Committee of the Board of LSB Industries, Inc. (the “Company”), in negotiating and closing an exchange agreement with a related party.
Pursuant to the exchange agreement, the Company’s outstanding preferred securities were exchanged for a controlling interest in the Company’s Common Stock. The closing took place on September 27, 2021.
The Blank Rome team was led by Robert J. Mittman, Barry H. Genkin, Emanuel J. Adler, and Kathleen A. Cunningham, with tax assistance from Joseph T. Gulant, as well as David A. Dorey, Peter M. Melampy, and Naomi M. Gallimore.