Akin Gump Team Counsels Joe’s Jeans in Hudson Clothing Buy
(New York) – Joe’s Jeans Inc. and Hudson Clothing Holdings, Inc. recently announced that they have signed a definitive stock purchase agreement under which Joe’s Jeans will acquire privately held Hudson. The total purchase price for Hudson will be approximately $97.6 million, subject to certain adjustments, and will be payable in cash and convertible notes issued by Joe’s Jeans.
The Akin Gump team that counseled Joe’s Jeans in this widely reported transaction comprised corporate partners Bruce Mendelsohn and Russ Parks, corporate senior counsel Erica McGrady Johnson and Jeffrey Werbitt, counsel Allison Miller and Frank Wilkosz, associate Ashleigh Hall, litigation partner Steve Pesner and tax partner Howard Jacobson.
This is the latest in a series of high-profile apparel industry deals in which Akin Gump has been involved. In May, the firm represented True Religion Apparel in its merger agreement with TowerBrook Capital Partners. (To read more about that engagement, please click here.)
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.
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