Representing Hubbell Incorporated, an international electrical and power systems manufacturer, in a plan to reclassify two classes of common stock into a single-class share structure. The proposed reclassification includes repurchase authorization of approximately $400 million worth of stock. Completion of the reclassification also involves shareholder approvals, amendments to the company’s governing documents and SEC registration.
We have opened an office in New Haven to expand our current involvement in the critical life sciences community as well as other key industry sectors integral to the region, including real estate and health care.
Secured a victory in Tilcon Connecticut, Inc. v. Commissioner of Environmental Protection on behalf of our client, a leading supplier of quality earth materials. The Connecticut Supreme Court’s ruling prohibits the Department of Energy & Environmental Protection from using applications filed under the state’s Water Diversion Policy Act as a basis to inquire into activities that are not related to the activity for which a permit is required. This important clarification has the potential to benefit all businesses subject to Connecticut environmental regulation.