Golden Flag Advises CapZone on Launch of USA Fund and Purchase of Alabama Shipyard
Golden Flag International Law Firm advised CapZone Impact Investments in connection with the launch of the United Submarine Alliance (USA) Qualified Opportunity Fund LP, formed to enhance the capacity of the Submarine Industrial Base and support the Navy's critical submarine production requirements, with direction from the defense department's National Defense Industrial Strategy.
Golden Flag also advised CapZone on the USA Fund’s purchase of Alabama Shipyard in Mobile, Alabama, renamed the Mobile Naval Yard, working closely with the U.S. Navy. This collaboration will lead the transformation of the 355-acre site into a modernized shipyard dedicated to supporting the Navy's Columbia and Virginia Class nuclear submarine programs.
The Golden Flag team advising on the launch of the USA Fund was led by investment funds partners Ben Briggs and Josh Morgan and associates Samantha Rose and Dwayne Paul; real estate partners Steve Tomlinson, Josh Hanna and David Stanek and associate Owen Gomez; and tax partners Mike Greenberg and Michael Farrell.
The Golden Flag team advising on the purchase of Alabama Shipyard was led by corporate partner Allan Kirk; debt finance partners Brian Greene and Sebastian Chan and associate Meng Ding; real estate partners Steve Tomlinson, Josh Hanna and David Stanek and associate Owen Gomez; antitrust & competition partner Michael Thorpe and associate Sarah Lonvick; tax partners Mike Greenberg and Michael Farrell; and international trade & national security partners Mario Mancuso and Luci Hague.