Content Type (RSS): In the News

  • Healthcare’s AI Integration is in Limbo as Laws Lag Behind

    Healthcare’s AI Integration is in Limbo as Laws Lag Behind

    COVERAGE

    Healthcare’s AI Integration is in Limbo as Laws Lag Behind

    September 24, 2024

    Read time: 2 min

    About Us

    Jiayan Chen

    Partner

    Washington, DC

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  • ‘Be Careful What You Wish For’ Post-Jarkesy, SEC Atty Says

    ‘Be Careful What You Wish For’ Post-Jarkesy, SEC Atty Says

    COVERAGE

    ‘Be Careful What You Wish For’ Post-Jarkesy, SEC Atty Says

    September 24, 2024

    Read time: 2 min

    About Us

    Steven S. Scholes

    Partner

    Chicago

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  • Intellectual Property Attorney of the Year Finalists: Sarah Chapin Columbia, McDermott Will & Emery

    Intellectual Property Attorney of the Year Finalists: Sarah Chapin Columbia, McDermott Will & Emery

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    Intellectual Property Attorney of the Year Finalists: Sarah Chapin Columbia, McDermott Will & Emery

    September 24, 2024

    Read time: 2 min

    About Us
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  • McDermott Advises Meyer Family on Stabilization of Meyer Werft

    McDermott Advises Meyer Family on Stabilization of Meyer Werft

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Meyer Family on Stabilization of Meyer Werft

    September 24, 2024

    Read time: 3 min

    Düsseldorf, September 24, 2024 – McDermott Will & Emery advised the Meyer family in relation to the agreements with the Federal Government and the State of Lower Saxony to stabilize the Meyer Werft.

    In particular, the agreements enable the Federal Government and the State of Lower Saxony to acquire a joint majority stake in Meyer Werft GmbH. It is planned that the Federal Government and the State of Lower Saxony will acquire approx. 80 percent of the shares in Meyer Werft in Papenburg and Neptun Werft in Rostock. Each will contribute half of the total equity of €400 million. In addition, a credit line of €2.6 billion will be granted, 80 percent of which will be guaranteed by the Federal Government and the State of Lower Saxony. The banks will retain 20 percent of the risk.

    The actual transfer of the shares to the federal and state governments is still subject to approval by the antitrust authorities.

    Meyer Werft Group is one of the largest and most modern shipyards in the world with its main plant in Papenburg and the Neptun Werft shipyard in Rostock Warnemünde. The sixth-generation family business employs around 5,000 people in Germany, which equals around 50 percent of all German shipyard employees.

    In April 2024, Meyer Werft initiated a restructuring process. In a complex process, an agreement was reached with the federal and state governments to secure the stability of the company. This will make it possible to maintain shipbuilding at the site and to realize Meyer Werft’s very well-filled order book with high added value in Germany. At the same time, the option remains open to run the company as a family business again in the future.

    The McDermott team was led by partner Matthias Kampshoff and included partners Benedikt Schulz, Renate Prinz and Sandra Urban-Crell as well as associates Niklas Keller and Jan Lorenzen.

    About Us

    Dr. Matthias Kampshoff

    Partner

    Düsseldorf

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  • As Election Nears, SEC Ramps Up Activity, More Big Law Firms Land Defense Work

    As Election Nears, SEC Ramps Up Activity, More Big Law Firms Land Defense Work

    COVERAGE

    As Election Nears, SEC Ramps Up Activity, More Big Law Firms Land Defense Work

    September 23, 2024

    Read time: 2 min

    About Us

    Paul M.G. Helms

    Partner

    Chicago, Washington, DC

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  • Legislative Lowdown: What Employers Should Know Final Biden Rules on Mental Health Parity

    Legislative Lowdown: What Employers Should Know Final Biden Rules on Mental Health Parity

    COVERAGE

    Legislative Lowdown: What Employers Should Know Final Biden Rules on Mental Health Parity

    September 17, 2024

    Read time: 2 min

    About Us

    Sarah G. Raaii

    Partner

    Chicago

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  • McDermott Recognized as a CPP Compliant Firm and CPP+ Diversity Champion by National Council on Patent Practicum

    McDermott Recognized as a CPP Compliant Firm and CPP+ Diversity Champion by National Council on Patent Practicum

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Recognized as a CPP Compliant Firm and CPP+ Diversity Champion by National Council on Patent Practicum

    September 19, 2024

    Read time: 4 min

    International law firm McDermott Will & Emery has been recognized as a Certified Patent Practitioner (CPP) Compliant Firm by the National Council on Patent Practicum (NCPP). The Firm was also named a CPP+ Diversity Champion.

    The CPP credential distinguishes those firms that have demonstrated experience and proficiency in patent claims drafting and prosecution. To be eligible, 70% of McDermott’s patent prosecution practitioners had to demonstrate superior experience in their practice. Notably, Brittney Smith is the first McDermott intellectual property (IP) team member to have passed the stringent qualifications for the certification.

    The CPP+ Diversity Champion recognition is reserved for law firms that uphold NCPP’s pledge by having a commitment to quality and diversity and by being a thought leader. McDermott is proud to join organizations like Meta, IBM, and Johnson & Johnson in upholding this designation.

    McDermott’s IP team represents clients at every stage of the IP life cycle, with skill and experience in both the boardroom and the courtroom. The group includes more than 100 lawyers, scientific advisors, and patent agents globally who counsel industry leaders on strategic patent and trademark portfolio development; transactions, licensing, and monetization; and enforcement and litigation. Praised by clients for our ability to “handle any type of case or technology, no matter the complexity” (Chambers), McDermott’s IP team serves companies of all sizes across a variety of sectors, with a focus on life sciences and technology. The Firm has been recognized globally by Chambers, Legal 500, Best Law Firms, IAM Patent 1000, Managing IP, and World Trademark Review 1000.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers, and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    ABOUT THE NATIONAL COUNCIL ON PATENT PRACTICUM
    The National Council on Patent Practicum, Inc. (NCPP), a 501(c)(3) non-profit, oversees the development and operation of the Certified Patent Practitioner (CPP) program. The CPP credential is a professional designation that distinguishes those who have demonstrated experience, proficiency, knowledge, and understanding of patent drafting and prosecution through dedicated involvement in the patent preparation and prosecution processes.

    Brittney A. Smith

    Scientific Advisor

    Atlanta

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  • Terraform Gets OK for Ch. 11 Liquidation Plan

    Terraform Gets OK for Ch. 11 Liquidation Plan

    COVERAGE

    Terraform Gets OK for Ch. 11 Liquidation Plan

    September 19, 2024

    Read time: 2 min

    About Us

    Darren Azman

    Partner

    New York – One Vanderbilt Avenue

    Joseph B. Evans

    Partner

    New York – One Vanderbilt Avenue

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  • Nonequity Tiers Are Growing, but These Big Firms Say Path to Equity Remains the Same

    Nonequity Tiers Are Growing, but These Big Firms Say Path to Equity Remains the Same

    COVERAGE

    Nonequity Tiers Are Growing, but These Big Firms Say Path to Equity Remains the Same

    September 18, 2024

    Read time: 2 min

    About Us

    Ira J. Coleman

    Chairman

    Miami

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  • Site-Neutral Payment Policy Considerations in Health Care Transactions

    Site-Neutral Payment Policy Considerations in Health Care Transactions

    COVERAGE

    Site-Neutral Payment Policy Considerations in Health Care Transactions

    September 17, 2024

    Read time: 2 min

    About Us

    Caroline Reignley

    Partner

    Washington, DC

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