LOS ANGELES--(BUSINESS WIRE)--The City of Los Angeles has completed the acquisition of Santa Monica-based independent publisher Angel City Press, having partnered with Raines Feldman Littrell LLP, a prominent local law firm, to facilitate and navigate the legal intricacies surrounding the Los Angeles Public Library's entry into the book publishing industry.
In a recent announcement covered by the Los Angeles Times on January 8, 2024, the LA Public Library revealed its strategic decision to venture into book publishing through the acceptance of a donation of the archives and operations of Angel City Press, marking a historic milestone for the institution. The move aligns with the library's commitment to fostering literacy, supporting local authors, and expanding access to diverse literary works within the Los Angeles community.
Raines Feldman Littrell LLP, known for its expertise in publishing/intellectual property law and complex business transactions, played a pivotal role in structuring and assisting in the negotiations of the legal framework that will enable the LA Public Library to transition into the publishing domain. The law firm's extensive experience in navigating regulatory landscapes, contract negotiations, as well as publishing, intellectual property and employment law issues uniquely positioned them to assist the Office of the City Attorney and the Los Angeles Public Library in this groundbreaking achievement.
"We are honored to have been chosen by the City of Los Angeles to represent it in this historic transaction," said Jonathan Littrell, Managing Partner at Raines Feldman Littrell LLP. "Our team is dedicated to facilitating innovative initiatives that contribute to the cultural and educational enrichment of the community. This work on behalf of the LA Public Library underscores our commitment to fostering positive change through legal expertise."
About Raines Feldman Littrell LLP:
Raines Feldman Littrell LLP is a leading law firm with offices in Los Angeles, Orange County, New York, and Chicago specializing in corporate transactions, business litigation, real estate, entertainment, employment and intellectual property matters. With a commitment to providing innovative legal solutions, the firm has a proven track record of successfully representing a wide variety of private clients as well as public entities in complex legal matters.
