Olshan Assists Client Cleopatra Resources LLC with Financing
Olshan assisted client Cleopatra Resources LLC with a series of recent financings, including a round of equity financing led by Tiger Infrastructure Partners. In conjunction with the closing of the financings, Cleopatra Resources LLC’s subsidiary American Natural, the convenience store and fuel distribution business, announced (i) its plan to roll out five additional American Natural retail locations in 2018 and (ii) the acquisition of Satterlee Leasing, LLC and certain business assets of W.G. Satterlee and Sons, a leading wholesale fuel distributor in western Pennsylvania. Olshan attorneys who served as legal adviser to Cleopatra Resources in connection with the financings included Corporate partner Mitchell Raab, Corporate partner Margaret Bae, and Corporate associate Claudia Dubón.