Content Type (RSS): In the News

  • SEC’s Ambitious Agenda Snagged as Supreme Court Limits Powers

    SEC’s Ambitious Agenda Snagged as Supreme Court Limits Powers

    COVERAGE

    SEC’s Ambitious Agenda Snagged as Supreme Court Limits Powers

    July 1, 2024

    Read time: 2 min

    About Us

    Paul W. Hughes

    Partner

    Washington, DC

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  • What Policies Could be Affected by the Chevron Ruling

    What Policies Could be Affected by the Chevron Ruling

    COVERAGE

    What Policies Could be Affected by the Chevron Ruling

    July 15, 2024

    Read time: 2 min

    About Us

    Emily Jane Cook

    Partner

    Los Angeles, Washington, DC

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  • McDermott Represents SAIGroup LLC in its Acquisition of Get Well

    McDermott Represents SAIGroup LLC in its Acquisition of Get Well

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents SAIGroup LLC in its Acquisition of Get Well

    July 15, 2024

    Read time: 3 min

    International law firm McDermott Will & Emery represented SAIGroup LLC (SAIGroup), a California-based private investment firm, in its acquisition of Get Well, a leading digital patient engagement platform which powers more than 10 million annual patient interactions at over 1,000 healthcare organizations.

    The McDermott team was led by Kevin J. Sullivan, Ann Marie Brodarick and included Terry Brennan, Brandon Sarkauskas, Jim Nicholas, Dawn Peacock, Matt Perreault, Drew McCormick, Emily Curran, Maggie Houtz, Samm Pearsall, Sam Siegfried, Jeff Holdvogt, Scott Kenkel, Jennifer Mikulina, Tom DaMario and Erin Kansy.

    Read SAIGroup’s press release.

    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.

    Ann Marie Brodarick

    Partner

    Chicago

    Terry Brennan

    Partner

    Chicago

    Brandon Sarkauskas

    Associate

    Chicago

    Emily R. Curran

    Associate

    Washington, DC

    Margaret Houtz

    Associate

    Boston

    Samantha Pearsall

    Associate

    Boston

    Sam Siegfried

    Partner

    Chicago

    Jeffrey M. Holdvogt

    Partner

    Chicago

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  • McDermott Advises Soennecken on Acquisition of Erstling

    McDermott Advises Soennecken on Acquisition of Erstling

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Soennecken on Acquisition of Erstling

    July 15, 2024

    Read time: 3 min

    Frankfurt, July 15, 2024 – McDermott Will & Emery advised Soennecken eG on the acquisition of Erstling GmbH.

    Soennecken eG headquartered in Overath, Germany, is a leading trade co-operation for office and home office products and services in German-speaking countries with over 480 employees. The company also includes the specialist office retailer Ortloff and the IT system house co-operation Nordanex.

    Berlin-based Erstling GmbH is a full-service provider of teaching materials, textbooks and school furniture.

    McDermott Will & Emery regularly advises Soennecken on transactions.

    The McDermott team was led by partner Michael Cziesla and counsel Christian Marzlin and comprised partners Heiko Kermer, Johannes Honzen, Philip Schmidt, Christian Rolf, Steffen Woitz and Ludwig Zesch, and included counsel Marcus Fischer and Laura Stammwitz as well as associates Robert Feind, Fabian Appadoo, Tina Happ, Sönke Wassermann, Romy Lanz and Matthias M. Bosbach.

    About Us

    Dr. Christian Marzlin

    Partner

    Frankfurt

    Dr. Heiko Kermer

    Partner

    Frankfurt

    Dr. Johannes Honzen

    Partner

    Frankfurt

    Ludwig Zesch

    Partner

    Munich

    Marcus Fischer

    Counsel

    Frankfurt

    Dr. Laura Stammwitz

    Partner

    Frankfurt

    Tina Happ

    Associate

    Frankfurt

    Matthias Bosbach

    Associate

    Düsseldorf

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  • New La. Managing Agent Law May Portend Growing Scrutiny

    New La. Managing Agent Law May Portend Growing Scrutiny

    COVERAGE

    New La. Managing Agent Law May Portend Growing Scrutiny

    July 11, 2024

    Read time: 2 min

    About Us

    H. Michael Byrne

    Partner

    New York – One Vanderbilt Avenue

    Michael R. Halsband

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Advises Main Capital Partners on Take-over of US-based DevOps software provider Flexagon

    McDermott Advises Main Capital Partners on Take-over of US-based DevOps software provider Flexagon

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Main Capital Partners on Take-over of US-based DevOps software provider Flexagon

    July 11, 2024

    Read time: 3 min

    Düsseldorf, July 11, 2024 – McDermott Will & Emery advises Main Capital Partners on the acquisition of Flexagon, a leading US-based software provider of DevOps solutions for the enterprise sector, including the financing.

    Founded in 2014 in Green Bay, Wisconsin, Flexagon is a leading provider of DevOps software for complex enterprise technology environments such as Oracle, SAP, and Salesforce. With approximately 40 employees and a track record of averaging a recurring revenue growth rate of 25% per year.

    Main Capital Partners is a leading software investor in the Benelux, DACH, the Nordics, and the United States with approx. EUR 6 billion in assets under management. Operating with 75 employees out of its offices in The Hague, Düsseldorf, Stockholm, Antwerp, and an affiliated office in Boston Main maintains an active portfolio of over 45 software companies.

    The McDermott team includes partners Dustin Schwerdtfeger, Christopher Stacker, Jeffrey M. Holdvogt, Gregory M. Weigand, counsel  Deepali Doddi as well as associates Yuxin Jin, Scott Kenkel, Eleanor B. Atkins and Melis Solaksubasi.

    About Us

    Dustin Schwerdtfeger

    Partner

    Düsseldorf

    Christopher Stacker

    Partner

    Chicago

    Jeffrey M. Holdvogt

    Partner

    Chicago

    Gregory Weigand

    Counsel

    Miami, New York – One Vanderbilt Avenue

    Yuxin Jin

    Associate

    New York – One Vanderbilt Avenue

    Eleanor B. Atkins

    Partner

    Washington, DC

    Melis Solaksubasi

    Associate

    Chicago

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  • Supreme Court Ruling ‘Changes The Game’ For US Crypto Firms

    Supreme Court Ruling ‘Changes The Game’ For US Crypto Firms

    COVERAGE

    Supreme Court Ruling ‘Changes The Game’ For US Crypto Firms

    July 11, 2024

    Read time: 2 min

    Cologne-based associate Annabelle Rau was quoted in Cointelegraph in relation the United States Supreme Court’s Loper Bright vs. Raimondo decision and its impact on the cryptocurrency industry.

    About Us

    Annabelle Juliette Rau

    Associate

    Cologne

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  • McDermott Represents H.I.G. Capital in the Close of $1.3 Billion H.I.G. Europe Realty Partners III

    McDermott Represents H.I.G. Capital in the Close of $1.3 Billion H.I.G. Europe Realty Partners III

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents H.I.G. Capital in the Close of $1.3 Billion H.I.G. Europe Realty Partners III

    July 10, 2024

    Read time: 3 min

    International law firm McDermott Will & Emery represented H.I.G. Capital (H.I.G.), a leading global alternative asset management firm with $64 billion of capital under management, in the formation of H.I.G. Europe Realty Partners III (the Fund). The Fund closed with aggregate capital commitments of approximately $1.3 billion,[1] significantly above the predecessor’s fund size. The Fund primarily targets value-add investments in the middle market real estate segment in Europe.

    The McDermott team was led by partner Ian Schwartz, head of the Firm’s Investment Funds Group, and included partners David Nestler and Lauren Nevidomsky and associates Alissa Cardillo and Matthew Stern. Partners Alex Ruiz and Kevin Hall advised on tax matters, and partner Todd Solomon advised on ERISA matters.

    McDermott’s Investment Funds Group is a global leader representing investment fund sponsors and institutional investors providing sophisticated counsel to its clients across the full spectrum of investment fund issues and transactions. The Investment Funds Group is embedded in McDermott’s global private equity practice with lawyers who serve as lead counsel to investment funds and institutional investors through their full lifecycle.

    Read H.I.G.’s press release.

    [1] Including separately managed accounts that co-invest alongside the Fund.

    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.

    Ian M. Schwartz

    Partner

    New York – One Vanderbilt Avenue

    David Nestler

    Partner

    New York – One Vanderbilt Avenue

    Lauren Nevidomsky

    Partner

    New York – One Vanderbilt Avenue

    Alissa Cardillo

    Partner

    New York – One Vanderbilt Avenue

    Matthew Stern

    Associate

    New York – One Vanderbilt Avenue

    Alejandro Ruiz

    Partner

    San Francisco

    Kevin Hall

    Partner

    Miami

    Todd A. Solomon

    Partner

    Chicago

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  • From ERISA to CAA: How Has Employer’s Fiduciary Responsibility Changed Over Time?

    From ERISA to CAA: How Has Employer’s Fiduciary Responsibility Changed Over Time?

    COVERAGE

    From ERISA to CAA: How Has Employer’s Fiduciary Responsibility Changed Over Time?

    July 9, 2024

    Read time: 3 min

    Though ERISA is often thought of as an issue for retirement plans, the law has always applied to employer-sponsored health benefit plans. The Consolidated Appropriations Act of 2021 (CAA) sought to put a spotlight on the issue by clarifying responsibilities of health benefit plan fiduciaries and the third-party service providers they contract with. Yet, three years after its passage, many plan sponsors still can’t get their vendors or advisors to provide the required fee disclosures.

    Alden J. Bianchi and Sarah G. Raaii participated in a podcast with the Moving to Value Alliance (MTVA) on the topic “From ERISA to CAA: How Has Employer’s Fiduciary Responsibility Changed Over Time?” In this conversation, they share how to comply with the CAA’s new requirements and what health plan fiduciaries can do to ensure they fulfill their responsibilities to beneficiaries. They also discuss the history of ERISA, steps that employers and health plan fiduciaries should take, and what it might take to boost compliance.

    Listen to the podcast episode by clicking the link below.

    About Us

    Sarah G. Raaii

    Partner

    Chicago

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  • McDermott Sponsors Equal Justice Works Fellow to Advocate for Immigrant Rights

    McDermott Sponsors Equal Justice Works Fellow to Advocate for Immigrant Rights

    PRESS RELEASE

    McDermott Sponsors Equal Justice Works Fellow to Advocate for Immigrant Rights

    July 8, 2024

    Read time: 3 min

    International law firm McDermott Will & Emery has partnered with Equal Justice Works (EJW) to facilitate projects for its Fellowship Class of 2024, which includes more than 84 law school graduates. Through the partnership, the Firm will sponsor Fellow Annie Whitney, who plans to spend her two-year fellowship at New York Legal Assistance Group challenging egregious due process violations in Immigration Court.

    Annie’s work will ensure respect for the right to seek asylum and protect the rights of those fleeing persecution. It is among the many critical initiatives that McDermott and other firms, nonprofits and legal organizations seek to address through the EJW Fellowship program to increase equal access to justice for underserved communities.

    Since the spring of 2022, more than 160,000 asylum seekers have arrived in New York City from Texas. Despite legal protections, New York’s Immigration Courts face significant challenges, including overburdened caseloads and systemic due process violations. Many asylum seekers are wrongly deported, potentially forced to return to places where they fear persecution.

    Annie will take a multifaceted approach to address these issues:

    • Direct Representation: Challenging wrongful deportation orders through direct legal representation, advocating for fair hearings and due process rights.
    • “Know Your Rights” Sessions: Hosting workshops at migrant shelters and community centers, empowering asylum seekers with essential information.
    • Toolkit Development: Building resources for lawyers and pro se litigants, equipping them to effectively challenge due process violations in Immigration Court.

    “We are thrilled to sponsor Annie, and we firmly believe that her advocacy will significantly benefit our communities and beyond. This partnership underscores our shared commitment to fighting for the protection of rights for all,” said Elizabeth Lewis, Firm-wide pro bono and community service partner at McDermott. “We stand behind EJW’s mission to activate lawyers’ passion for equal justice and inspire a lifelong commitment to public service.”

    About Us

    Elizabeth P. Lewis

    Partner

    Chicago

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