Content Type (RSS): In the News

  • McDermott Expands White-Collar Practice With Data Privacy and Security Litigation Partner

    McDermott Expands White-Collar Practice With Data Privacy and Security Litigation Partner

    PRESS RELEASE

    McDermott Expands White-Collar Practice With Data Privacy and Security Litigation Partner

    September 3, 2024

    Read time: 5 min

    International law firm McDermott Will & Emery is pleased to announce that Alexander (Alex) Southwell has joined as a partner in its Litigation Practice Group in New York. A leading technology-focused litigator and investigations lawyer, Alex defends against regulatory investigations from the Federal Trade Commission, state attorneys general, and other federal, state, and local regulators and criminal authorities. He joins from Gibson, Dunn & Crutcher, where he founded and led the firm’s Privacy, Cybersecurity and Data Innovation Practice Group.

    “Alex’s practice turbocharges our existing world class white-collar litigation, data privacy, and technology disputes practices,” said Steven Scholes, global head of McDermott’s Litigation Practice Group. “With a remarkable 30% growth for our white-collar team this year alone, we’re eager to continue delivering excellent results for our clients with our increased capabilities.”

    Alex has consistently been recognized as a top lawyer for privacy and data security litigation and white-collar defense by Chambers USA, Legal 500 US, and The Best Lawyers in America. A former federal prosecutor for the US Attorney’s Office for the Southern District of New York, he helps clients facing data breaches, security incidents, and cybercrimes. Alex advises on privacy and security risks related to data-driven product development and compliance with the full range of US and international privacy and data protection laws, as well as global regulatory strategies.

    Additionally, Alex has extensive experience advising companies on US Securities and Exchange Commission rules regarding cybersecurity risk management and disclosures, including cybersecurity governance and board oversight, and the New York State Department of Financial Services cybersecurity regulation. He also maintains a robust white-collar practice, conducting high-profile internal investigations and compliance monitoring.

    “I’m thrilled to join McDermott at this point in my career,” Alex said. “There is a powerful synergy between my practice and the Firm’s strong global litigation and technology platforms. I’ve always had so much respect for the lawyers at McDermott – I know them and have worked with them – and I’m very excited to partner with my new team.”

    Alex’s arrival follows recent New York litigation hires, including Sagar Ravi, former chief of the Complex Frauds and Cybercrime Unit at the US Attorney’s Office for the Southern District of New York, and Guy Singer, Franklin Monsour Jr., and Kelly Newsome, who joined the Firm’s white-collar team from Orrick earlier this year.

    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 McDERMOTT’S LITIGATION PRACTICE GROUP
    McDermott’s team of more than 250 litigation and dispute resolution lawyers worldwide includes seasoned litigators, trial lawyers, mediators, arbitrators, appellate lawyers and former senior US prosecutors. We represent clients across every business segment in high-impact cases, government investigations and dispute resolution proceedings. Working seamlessly with colleagues spanning a variety of practice areas, our litigators take on emerging issues in virtually every industry (with a focus on healthcare, life sciences, accounting services, private equity and technology) to help clients stay a step ahead of potential risks. When needed, we also develop effective and cost-efficient solutions to address complex commercial disputes, consumer and data breach class actions, international arbitrations, deal and ERISA litigation, and other business challenges. Our nationally recognized US Supreme Court and appellate practice has successfully handled hundreds of appeals and is named on The National Law Journal’s Appellate Hot List. Known for “superb lawyering combined with practical, hands-on effort” (Chambers), our team is recognized globally in Chambers, Legal 500, Best Law Firms, Global Investigations Review GIR 100 and Global Arbitration Review GAR 100.

    Steven S. Scholes

    Partner

    Chicago

    Sagar K. Ravi

    Partner

    Washington, DC, New York – One Vanderbilt Avenue

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  • McDermott Advises Nord/LB on Financing of the Acquisition of  mps public solutions by Main Capital Partners

    McDermott Advises Nord/LB on Financing of the Acquisition of mps public solutions by Main Capital Partners

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Nord/LB on Financing of the Acquisition of mps public solutions by Main Capital Partners

    September 3, 2024

    Read time: 3 min

    Munich, September 3, 2024 – McDermott Will & Emery has advised NORD/LB on the financing of the acquisition of mps public solutions (mps) by software investor Main Capital Partners. As a strategic partner, Main Capital Partners will support mps in its next growth phase through both organic and inorganic initiatives.

    mps is a German Public Administration Software Provider. The core business of mps with its team of over 180 employees is financial administration software in the municipal market.

    NORD/LB Norddeutsche Landesbank is one of Germany’s leading commercial banks. As an institute under public law, it is part of the S-Finance Group. Its core business segments include corporate customers, special financing in the energy and infrastructure sectors, financing commercial real estate via Deutsche Hypo, capital market business, association business with the savings banks and private and commercial customers including private banking.

    The McDermott team was led by partners Ludwig Zesch and Matthias Weissinger and comprised counsel Maximilian Meyer and associate Lorenz Schwojer.

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  • McDermott Adds New Counsel to Private Equity Practice

    McDermott Adds New Counsel to Private Equity Practice

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Adds New Counsel to Private Equity Practice

    September 2, 2024

    Read time: 3 min

    Munich, September 2, 2024 – McDermott Will & Emery is further expanding its private equity practice and is adding another counsel to the team. Alexandra Prato joins McDermott’s Munich office as of September 1, 2024.

    Alexandra Prato advises private equity sponsors on national and cross-border M&A transactions. Her expertise covers a broad range of private equity transactions, including leveraged buyouts, carve-outs, joint ventures, minority investments and sale processes.

    “We are delighted to have Alexandra Prato as another highly qualified colleague in our growing private equity team. We would like to extend a warm welcome to her,” says Holger H. Ebersberger, Co-Head of McDermott’s German private equity practice.

    McDermott Will & Emery has strengthened its transactional practice in recent months with several lateral hires and currently has around 100 lawyers at its Frankfurt, Munich and Düsseldorf/Cologne offices.

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  • Business of Sports: Private Equity in the NFL, Good or Bad?

    Business of Sports: Private Equity in the NFL, Good or Bad?

    COVERAGE

    Business of Sports: Private Equity in the NFL, Good or Bad?

    August 30, 2024

    Read time: 2 min

    About Us

    Thomas P. Conaghan

    Partner

    Washington, DC, New York – One Vanderbilt Avenue

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  • HHS Plans to Appeal Online Tracking Lawsuit Decision

    HHS Plans to Appeal Online Tracking Lawsuit Decision

    COVERAGE

    HHS Plans to Appeal Online Tracking Lawsuit Decision

    August 28, 2024

    Read time: 2 min

    About Us
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  • Will Tom Girardi, Now Convicted, Go to Prison?

    Will Tom Girardi, Now Convicted, Go to Prison?

    COVERAGE

    Will Tom Girardi, Now Convicted, Go to Prison?

    August 28, 2024

    Read time: 2 min

    About Us

    Julian L. André

    Partner

    Los Angeles

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  • McDermott Advises NORD Holding on the Sale of Födisch Group to ABB

    McDermott Advises NORD Holding on the Sale of Födisch Group to ABB

    DEAL ANNOUNCEMENT

    McDermott Advises NORD Holding on the Sale of Födisch Group to ABB

    August 28, 2024

    Read time: 3 min

    Munich, August 28, 2024 – With a team led by Holger Ebersberger and Hanno M. Witt McDermott Will & Emery has advised NORD Holding Unternehmensbeteiligungsgesellschaft mbH (NORD Holding) and its fund Deutsche Mittelstandsholding für Industriebeteiligung II GmbH & Co. KG on the sale of their majority stake in Dr. Födisch Umweltmesstechnik AG to the listed company ABB Ltd. (ABB).

    Switzerland-based ABB, which specializes in electrification and automation, will acquire all shares, subject to regulatory approvals. The transaction is expected to close before the end of 2024.

    The Dr Födisch Group is a leading group of companies specializing in environmental, process, and analysis technology, with a focus on Continuous Emission Monitoring Systems (CEMS). Headquartered in Markranstädt, Germany and with additional facilities across Germany, the Netherlands, and China, Födisch Group provides solutions for addressing environmental, inspection and certification challenges across a wide rage of industries.

    NORD Holding is a private equity and asset management company with EUR 4 billion assets under management. The focus of NORD Holding’s direct business is on the structuring and financing of corporate succession models, the acquisition of group parts/subsidiaries and the expansion financing of medium-sized companies. The fund investment division focuses on the micro and small cap segment of mid-cap-oriented private equity funds in Europe.

    McDermott has advised NORD Holding and its portfolio companies on several transactions, most recently on the acquisition of powerdata GmbH by the German IT consultancy CONUTI Holding and on the acquisition of the nutritional supplements manufacturer ABJ alive.

    The McDermott team advising NORD Holding was led by partners Holger H. Ebersberger and Hanno M. Witt and comprised partners Philipp Grenzebach, Raminta Dereskeviciute, Christian Rolf, Steffen Woitz and Ludwig Zesch, counsel Thomas Diekmann, Laura Stammwitz and Marcus Fischer as well as associates Armin Teymouri, Nicole Kaps, Manuel Weiß, Annabelle Juliette Rau, Michal Chajdukowski and Lea Hauser.

    About Us

    Dr. Philipp Grenzebach

    Partner

    Düsseldorf, Frankfurt

    Raminta Dereskeviciute

    Partner

    London – 22 Bishopsgate

    Ludwig Zesch

    Partner

    Munich

    Dr. Laura Stammwitz

    Partner

    Frankfurt

    Marcus Fischer

    Counsel

    Frankfurt

    Dr. Armin Teymouri

    Associate

    Munich

    Nicole Kaps

    Associate

    Munich

    Dr. Manuel Weiß

    Counsel

    Munich

    Annabelle Juliette Rau

    Associate

    Cologne

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  • Hospital Web-Tracker Clash Highlights Enforcement Challenge

    Hospital Web-Tracker Clash Highlights Enforcement Challenge

    COVERAGE

    Hospital Web-Tracker Clash Highlights Enforcement Challenge

    August 27, 2024

    Read time: 2 min

    About Us

    Ryan S. Higgins

    Partner

    Chicago

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  • Office Managing Partner of the Year Finalists: Kristin Going and Frank Steinherr, McDermott Will & Emery

    Office Managing Partner of the Year Finalists: Kristin Going and Frank Steinherr, McDermott Will & Emery

    COVERAGE

    Office Managing Partner of the Year Finalists: Kristin Going and Frank Steinherr, McDermott Will & Emery

    August 27, 2024

    Read time: 2 min

    About Us

    Kristin K. Going

    Partner

    New York – One Vanderbilt Avenue

    Frank P. Steinherr

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Advises Great Point Partners on the Acquisition of Lyocontract

    McDermott Advises Great Point Partners on the Acquisition of Lyocontract

    DEAL ANNOUNCEMENT

    McDermott Advises Great Point Partners on the Acquisition of Lyocontract

    August 27, 2024

    Read time: 3 min

    Düsseldorf/München, August 27, 2024 – McDermott Will & Emery has advised Great Point Partners (GPP) on the acquisition of German-based drug product contract development and manufacturing organization (CDMO) Lyocontract GmbH including the acquisition financing by private debt fund Rantum Capital. The senior secured term loan provided through Rantum Private Debt Fund III serves as part of the purchase price financing for this acquisition.

    The transaction marks the first investment to be sourced and executed by GPP’s European team, which is based in the firm’s recently opened London office.

    Great Point Partners, headquartered in Greenwich, CT, is a leading healthcare investment firm. Since its founding in 2003, GPP has provided growth capital and management buyout financing to more than 100 growing companies. GPP is currently making new minority and majority private equity investments from its GPP IV fund.

    Lyocontract GmbH, founded in 2007, is an independent drug product contract development and manufacturing organization based in Ilsenberg, Germany. The company specializes in the production of liquid and lyophilized parenteral drugs for both clinical and commercial applications worldwide.

    Rantum Capital is a mid-market financier for the German-speaking region (DACH) founded by finance professionals, successful entrepreneurs and former DAX top executives. Currently, Rantum Capital manages three private debt funds focusing on flexible, tailor-made debt financings, as well as a private equity fund focusing on majority equity investments in medium-sized companies.

    The McDermott team was led by Jan Hückel and Ludwig Zesch and comprised partners Robert K. Clagg, Daniel N. Zucker, Alex Farr, Michael J. Bruno, Daniel J. Bell, Christian Krohs, Carina Kant, Alexa Ningelgen, Thomas Gennert and Jana Grieb, counsel Maximilian Meyer, Sarah Gabbai, Laura Stammwitz and Timothy Carson as well as associates Alexander Hoppe, Darius M. Mosleh, Jeff Cassidy, Joe Luzadder, Betty Miguelina Brito, Matthias M. Bosbach, Romy Lanz, Julian Rößler-Weis, Anja Bertrand, Max Küttner, Alexandra Heberle, Tim Weill, Lukas Deutzmann and Carina Schützeberg.

    About Us

    Ludwig Zesch

    Partner

    Munich

    Robert K. Clagg

    Partner

    Chicago

    Michael J. Bruno

    Partner

    Miami

    Daniel J. Bell

    Partner

    Washington, DC

    Dr. Maximilian Meyer

    Counsel

    Frankfurt

    Christian Krohs, LL.M. (Aberdeen)

    Partner

    Düsseldorf, Cologne

    Carina Kant, LL.M. (Lausanne)

    Partner

    Düsseldorf, Cologne

    Dr. Laura Stammwitz

    Partner

    Frankfurt

    Timothy (Ty) Carson

    Counsel

    Washington, DC

    Dr. Alexa Ningelgen

    Partner

    Düsseldorf

    Dr. Thomas Gennert

    Partner

    Düsseldorf

    Darius M. Mosleh, LL.M.

    Associate

    Cologne, Düsseldorf

    Matthias Bosbach

    Associate

    Düsseldorf

    Dr. Anja Bertrand

    Associate

    Cologne, Düsseldorf

    Max Küttner

    Associate

    Düsseldorf

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