"Secondary Sales Involve Tricky Legal Issues," Buyouts

Partner Emanuel S. Cherney, Co-Chair of the Corporate & Finance Department and Partner Timothy Spangler, Chair of the Investment Funds Group, authored an article "Secondary Sales Involve Tricky Legal Issues," which was published in the February 16, 2009, issue of Buyouts. The article discusses details of the secondary market for private equity partnership interests, including key points for negotiating secondary transactions as well as some of the tax and regulatory transfer restrictions that may arise.