Issue: Whether life insurance proceeds received by a corporation to fund redemption obligation should be considered in valuing a company. Held: Company’s contractual redemption obligation does not necessarily reduce the value of the company for federal estate tax purposes. Background: Brothers Michael and Thomas were the sole shareholders in Crown C Supply (the “Company”),…
POSTED IN: News, Trusts & Estates
Ruberto, Israel & Weiner is pleased to announce that client UFP Technologies recently acquired Welch Fluorocarbon, Inc., a New Hampshire-based company that provides thermoformed components to the medical device industry. UFP Technologies designs and manufactures products primarily for use in medical devices and sterile packaging, as well as for the aerospace, defense, and automotive industries. The…
POSTED IN: Commercial Real Estate, Mergers & Acquisitions, News
Check out the latest episode of Transaction Talk featuring Sean Kline, the CEO of Turbotec, an IT services provider that offers consulting, IT infrastructure and planning, network and cybersecurity, disaster recovery, business continuity, and more. In this episode, Sean discusses the important topic of cybersecurity with a focus on how the risks can impact small…
POSTED IN: Corporate & Business, News
Ruberto, Israel & Weiner is pleased to announce that client UFP Technologies recently acquired AJR Enterprises, LLC, a second-generation family-owned manufacturing platform of medical devices and advanced manufacturing solutions within the medical device industry. UFP Technologies designs and manufactures products primarily for use in medical devices and sterile packaging, as well as for the aerospace,…
POSTED IN: Commercial Real Estate, Mergers & Acquisitions, News
Ruberto, Israel & Weiner is pleased to announce that client UFP Technologies recently acquired Marble Medical, a contract manufacturer specializing in producing medical devices and components. Founded in 1988, Marble Medical provides custom development and manufacturing services for various markets, including medical patient care, surgical and infection prevention, advanced wound care, personal care, veterinary supplies,…
POSTED IN: Commercial Real Estate, Mergers & Acquisitions, News
RIW Hospitality Practice Group Co-Chair Adam Barnosky was quoted in a recent Boston Globe article about creative approaches to liquor licensing in the City of Boston. Adam, who has handled licensing on behalf of various food hall operators and vendor startups, provided insight into this nuanced licensing structure, detailing the upside for up-and-coming restaurateurs who…
POSTED IN: News
Check out the latest episode of Transaction Talk featuring Bob Furlong, a financial advisor at The Bulfinch Group. Bob shares what he learned when he exited a family business that left him in debt, and how he uses his expertise to guide family-owned businesses on financial strategies and vision planning. Transaction Talk is a podcast…
POSTED IN: Corporate & Business, News
Ruberto, Israel & Weiner is pleased to announce that client Signet of Norwell, Mass., was recently acquired by Pavion. This strategic move enhances Pavion’s footprint in New England and strengthens its capabilities in critical communications, security, and AV systems. Signet’s legacy, spanning nearly 50 years, continues to thrive under Pavion’s leadership, ensuring innovation and growth…
POSTED IN: Corporate & Business, Mergers & Acquisitions, News
On Monday, the Massachusetts Supreme Judicial Court released its decision in Business Interiors Floor Covering Business Trust v. Graycor Construction Co., Inc., SJC No. 13507, 2024 WL 3016128. Commercial real estate and construction lawyers as well as the construction industry eagerly awaited the decision with hopes that the SJC would clarify a few questions about…
POSTED IN: Litigation, News
POSTED IN: News, The Industry
