Press Releases

Greenberg Glusker's Ron Fujikawa Leads Sports Club/LA In Deal With Equinox Holdings

January 11, 2012

Corporate Partner Reps Luxury Fitness Company in Sale of Several LA and NY Clubs 

Greenberg Glusker today announced that Business and Tax Partner Ronald K. Fujikawa led the Firm’s corporate and real estate groups in representing its long-time client, The Sports Club Company (SCYL:OTC US), in selling to affiliates of Equinox Holdings, Inc., its four remaining health and fitness clubs located in West Los Angeles, Irvine and Beverly Hills, CA, and at Rockefeller Center in New York City.  The transaction closed in October 2011, and Paul Hastings LLP acted as outside counsel for Equinox.

Fujikawa provided corporate/business advice for The Sports Club Company for many years, having represented the company in its initial public offering in 1994.  The sale to Equinox ended a more than 20-plus year run for The Sports Club, which successfully fused state-of-the-art health and fitness facilities with the amenities and ambience of an “urban country club.”

“As difficult as the decision to sell was for the founders and management of the company, I know they believe the time was right and that they sold to the best operator in the health and fitness industry,” said Fujikawa.   

In his corporate/business practice, Fujikawa counsels both seasoned corporations and start-up ventures in all aspects of corporate law, including sophisticated financings, strategic ventures and liquidity events .  In addition, he represents a number of high net worth individuals in licensing transactions designed to monetize their celebrity status.

Fujikawa is graduate of Stanford University from which he earned his undergraduate and law degrees.  For many consecutive years, he has been recognized by Southern California Super Lawyers and Best Lawyers in America for his achievements in corporate law and mergers and acquisitions.