Simpson Thacher represented Element Fleet Management (TSX: EFN) in the sale of certain assets of its subsidiary, 19th Capital Group, LLC, to an affiliate of Hilco Global for an undisclosed sum. The transaction signed and closed on May 1, 2020.~~The Simpson Thacher team included Patrick Naughton, Matthew Gabbard, Austin Uhm and Izaak Lustgarten (M&A); James Cross, Elisha Graff, Matthew Farrell and Michael Peragine (Credit); Larry Moss, Alisa Tschorke and Jake Phillips (Executive Compensation and Employee Benefits); Lori Lesser and Corina McIntyre (Intellectual Property); Tim Mulvihill (Environmental); and John Creed and Jacqueline Clinton (Tax).