Diamond Spinout Attorney’s Crown JewelNovember 13, 2015 – In The News
James M. Singer was featured in the Pittsburgh Business Times article, “Diamond Spinout Attorney’s Crown Jewel.” Full text can be found in the November 13, 2015, issue, but a synopsis is below.
In this article, James Singer reflects on the closing of a seven-month deal, involving the superabrasive materials business of General Electric Co. being acquired by Littlejohn & Co. LLC, that reached a consensus at 2 a.m. on Christmas Eve, in 2003.
“The deal terms finally came into place, and I remember walking outside to see the ice rink at Rockefeller Center while waiting for all the documents to be printed so that we could give them a final review before signing them,” said Singer.
“We essentially made (GE’s business unit) into a startup,” Singer said. “We went in and helped them set up an IP strategy, figuring out what they had and needed from a patent and trademark standpoint. We had to figure out what IP GE owned that needed to go with the company.”
Please visit the Pittsburgh Business Times' website for the full article.