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Moses & Singer LLP Represents Tolsa Group in Acquisition of US Bentonite

NEW YORK, Feb. 10, 2015 (GLOBE NEWSWIRE) -- Moses & Singer LLP represented the Tolsa Group in its acquisition of substantially all the assets of US Bentonite, Rock Springs Mineral Processing and Rock Springs Properties, the owners of mining rights of high grade sodium bentonite. The acquisition included the processing factory located in Bucknum, Wyoming. The sale was conducted under section 363 of the Bankruptcy Code and was finalized on December 23, 2014.

James Sullivan, partner in the firm's Business Reorganization, Bankruptcy and Creditors' Rights practice, led a team of attorneys on this transaction, including Steven Glaser, Andrew Oliver and Kent Kolbig. Moses & Singer was assisted by Ana Ramirez of Garrigues, which assisted on Spanish law issues, as well as local counsel in Wyoming.



A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=30606

CONTACT: Eileen Alterbaum (212) 554-7583Source:Moses & Singer LLP