Katten, Kaye Scholer Skate to Islanders Sale

Kaye Scholer is counseling the National Hockey League's New York Islanders on its reported $548 million sale to an investor group advised by Katten Muchin Rosenman that will take full control of the franchise in two years. The deal comes a week after Andrew Barroway, a former high-flying Philadelphia plaintiffs lawyer-turned-hedge fund executive, retained Blank Rome to sue the Islanders' current ownership after it allegedly reneged on a handshake deal to sell him the team.

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