High Voltage Engineering Corporation owns and operates a diversified group of three industrial and technology based manufacturing and services businesses. HVE’s businesses focus on designing and manufacturing high quality applications and engineered products which are designed to address specific customer needs. The company has an established customer base spanning more than 60 countries, in a variety of industries including process automation, metal and steel, water and wastewater treatment, petrochemicals, oil and gas extraction and transportation, and semiconductor fabrication.
Case description: Alleged failure to pay M&A “tail” fee to original investment banker.
Cypress was offered as expert witness on behalf of High Voltage with regard to customary investment banking compensation and indemnification provisions in restructurings, bankruptcies and mergers and acquisitions. The case settled.
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