Publications and Presentations

Kaye Scholer Represents American Securities in Acquisition of Liberty Tire

November 6, 2008

Kaye Scholer represented American Securities Capital Partners, LLC in its acquisition of Liberty Tire Services, LLC, a Pittsburgh-based tire recycler. Liberty Tire, the country's largest operator of used-tire collection, processing and disposal service facilities, collects used tires and recycles them into value-added products. It recycles nearly 25% of America's total annual scrap tire production through a network of 14 plants in Florida, Georgia, Illinois, Indiana, North Carolina, South Carolina, Ohio, Pennsylvania and Texas. Liberty Tire processes scrap tires into a wide range of products, including finely ground crumb rubber for use in artificial turf installation and molded rubber goods, tire-derived fuel and wire-free rubber nuggets used in playground safety surfacing. Liberty Tire's management will continue with the company in partnership with American Securities.

The Kaye Scholer team included Corporate & Finance Department Partners Emanuel S. Cherney and Sheryl Gittlitz; Tax Partners Laurie Abramowitz, Willys H. Schneider and Jeffrey L. London; Litigation Partner Jay P. Mayesh; Real Estate Counsel Victoria H. Frankenburg; Tax Counsel Mary Lou Zwick; Corporate & Finance Department Associates Peter Danias and Lowell I. Dashefsky.

Email Disclaimer