Weil Team Facilitates Sale of Dallas Stars Hockey Team

Weil, Gotshal & Manges served as counsel to Dallas Stars, LP, owner of the Dallas Stars National Hockey League Club, in the successful sale of the club and all its hockey-related assets to a group owned by Vancouver-based businessman, Tom Gagliardi, and his family. Terms of the deal were not disclosed.

In September, the Dallas Stars filed the prepackaged bankruptcy plan in US Bankruptcy Court in Delaware in order to facilitate the sale. On November 18, 2011, the Bankruptcy Court approved the sale and confirmed the plan. The sale closed later that day.
The Weil team included Corporate partner Glenn West and associates Brandye Brown, Mandisa Price, Brett Thorstad, Jennifer Seymour, and Jessica Sheridan; Business Finance & Restructuring partners Martin Sosland and Ronit Berkovich and associates Kelly McDonald, Charles Persons, Charlie Chen, and Dana Kaufman; Tax partner Jared Rusman and associates Max Goodman and Kristina Novak; Benefits partner Michael Kam and associate Adam Mendelowitz; IP Transactions partner Karen Ballack and associate Kwang-chien Ger; Real Estate attorney Leslie Smith; Environmental Transactions partner Annemargaret Connolly; Antitrust counsel John Sipple; and paralegals Lyle Bartram (Business Finance & Restructuring), Brooke Collier, Charlotte Mayes (both Corporate), and Joseph Rafferty (Antitrust).