Content Type (RSS): In the News

  • Big Law Better, Explained

    COVERAGE

    Big Law Better, Explained

    April 19, 2024

    Read time: 2 min

    About Us

    Ira J. Coleman

    Chairman

    Miami

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  • Code Sec. 961 Basis in Inbound Nonrecognition Transactions

    Code Sec. 961 Basis in Inbound Nonrecognition Transactions

    COVERAGE

    Code Sec. 961 Basis in Inbound Nonrecognition Transactions

    April 18, 2024

    Read time: 2 min

    About Us

    Brian H. Jenn

    Partner

    Washington, DC, Chicago

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  • McDermott Represents LatAm Real Estate Platform Habi in Loan Financing

    McDermott Represents LatAm Real Estate Platform Habi in Loan Financing

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents LatAm Real Estate Platform Habi in Loan Financing

    April 18, 2024

    Read time: 3 min

    International law firm McDermott Will & Emery represented MCN Investments Ltd., a holding company for Habi, the leading residential real estate technology company in Latin America, in the structuring, negotiation and documentation of a $30 million financing agreement with the International Finance Corporation and Victory Park Capital. The investment will improve the buying and selling process for working and middle-class families in Mexico and Colombia.

    The McDermott team included Howard Kleinman, Michael Boykins, Stephen Pedersen, Sam Scaletta, Aileen Requejado and Carla Tomazella.

    Read Habi’s announcement.

    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.

    Howard Kleinman

    Partner

    New York – One Vanderbilt Avenue

    Michael L. Boykins

    Partner

    Chicago

    Stephen Pedersen

    Partner

    Miami

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  • McDermott strengthens German sector focus on energy and infrastructure with two partner additions in Frankfurt

    PRESS RELEASE

    McDermott strengthens German sector focus on energy and infrastructure with two partner additions in Frankfurt

    March 5, 2024

    Read time: 4 min

    Frankfurt am Main, March 1, 2024 – McDermott Will & Emery is expanding its global Energy and Infrastructure sector group and strengthening it with the renowned sector experts Dr. Maximilian Uibeleisen and Dr. Benedikt von Schorlemer. Both are joining as partners in Frankfurt, and several other team members are also making the transition. This move is part of McDermott Will & Emery’s worldwide growth strategy in the fields of energy and infrastructure.

    Uibeleisen and von Schorlemer have successfully built up Ashurst’s energy and infrastructure practice in Germany over the past years, advising on numerous national and international transactions and projects. Their clients include a number of well-known infrastructure investors and energy companies.

    Maximilian Uibeleisen, who led Ashurst’s German Energy Transition practice, has been assisting companies with transactions and project developments in the energy and infrastructure sector for over 15 years. The practice focuses on renewable energies (offshore/onshore wind, photovoltaics, biomass, geothermal), and the team also advises on various energy transition topics such as green hydrogen, battery storage, and power purchase agreements (PPAs). Beyond the energy sector, the team supports companies and investors in other infrastructure sectors, including transportation (motorway PPP projects, rail transport), and has extensive experience in environmental law projects (e.g., chemical parks, tank farms). Maximilian Uibeleisen has been a licensed attorney since 2006 and is a co-author of numerous publications, including a commentary on the Offshore Wind Energy Act. He has been a partner at Ashurst since 2016, following previous roles at Freshfields Bruckhaus Deringer and Noerr.

    Benedikt von Schorlemer has extensive experience in the fields of M&A and Private Equity. He advises companies and financial investors on national and cross-border M&A transactions, joint ventures, and corporate law matters. Additionally, he provides guidance on management participations. For many years, he has focused on advising clients in the energy and infrastructure sectors. Furthermore, he has been involved in numerous transactions in the fields of chemistry and medical technology. Benedikt von Schorlemer regularly publishes on topics related to corporate acquisitions and shareholder agreements. He has been practicing as a lawyer since 1998 and was a partner at an American law firm from 2004 until he joined Ashurst as a partner in 2012.

    Dr. Jens Ortmanns, Managing Partner at McDermott Will & Emery in Germany, commented on the new additions: ‘The energy transition and infrastructure are key topics for the entire economy. Few other areas present companies with as many challenges as the energy sector. We are delighted to further strengthen our established transaction practice with relevant expertise. Max Uibeleisen and Benedikt von Schorlemer are two top lawyers joining us, perfectly complementing our German and international teams with their transactional experience and industry knowledge.’

    ‘McDermott has a highly effective Industry Group in the energy sector on a global scale. We look forward to collaborating with our new colleagues in Frankfurt, Düsseldorf, and Munich, supporting clients in exciting national and international projects related to the energy transition,’ explained Maximilian Uibeleisen and Benedikt von Schorlemer upon their entry.

    In recent months, McDermott Will & Emery has specifically strengthened its transactional practice with lateral hires and currently has 35 partners and 52 other lawyers specializing in corporate/M&A, private equity and finance at its Frankfurt, Munich and Düsseldorf/Cologne offices. McDermott currently employs a total of 151 professionals in Germany.

    About Us

    Dr. Jens Ortmanns

    Partner

    Düsseldorf, Cologne

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  • Champ Titles’ $18 Million Series C Funding Round

    Champ Titles’ $18 Million Series C Funding Round

    COVERAGE

    Champ Titles’ $18 Million Series C Funding Round

    April 12, 2024

    Read time: 2 min

    About Us

    Michael R. Halsband

    Partner

    New York – One Vanderbilt Avenue

    Aroma Sharma

    Partner

    San Francisco

    Nathan E. Barnett

    Partner

    Wilmington

    Todd A. Solomon

    Partner

    Chicago

    Kate Vera Coverdale

    Partner

    New York – One Vanderbilt Avenue

    Alejandro Ruiz

    Partner

    San Francisco

    Haley M. Dow

    Associate

    Chicago

    Marina C. Leary

    Associate

    Washington, DC, Wilmington

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  • Blocked JetBlue-Spirit Deal Illustrates New Antitrust Approach

    COVERAGE

    Blocked JetBlue-Spirit Deal Illustrates New Antitrust Approach

    April 12, 2024

    Read time: 2 min

    As reflected in the December 2023 merger guidelines, the Federal Trade Commission and the US Department of Justice (DOJ) have changed the way they think about out-of-market effects, i.e., competitive effects that arise outside the relevant market.

    Lisa Rumin and Anthony Ferrara unpack this new approach, which was prominently demonstrated during the JetBlue Airways-Spirit Airlines merger, and provide practical considerations on the implications for firms contemplating mergers and acquisitions.

    About Us

    Lisa P. Rumin

    Partner

    Washington, DC

    Anthony S. Ferrara

    Partner

    Washington, DC

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  • The New Framework Provided by Moelis

    COVERAGE

    The New Framework Provided by Moelis

    April 12, 2024

    Read time: 2 min

    About Us

    Nathan E. Barnett

    Partner

    Wilmington

    Benjamin Strauss

    Partner

    Wilmington

    Marina C. Leary

    Associate

    Washington, DC, Wilmington

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  • Rash of 401(k) Forfeiture Suits Approach First Hurdles

    COVERAGE

    Rash of 401(k) Forfeiture Suits Approach First Hurdles

    April 12, 2024

    Read time: 2 min

    About Us

    J. Christian Nemeth

    Partner

    Chicago, Miami

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  • SJC to Weigh Wiretap Act Protections for Website Visitors

    COVERAGE

    SJC to Weigh Wiretap Act Protections for Website Visitors

    April 11, 2024

    Read time: 2 min

    About Us
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  • Boston Hospitals Ask Appeals Court to Drop Digital Eavesdropping Class Actions

    COVERAGE

    Boston Hospitals Ask Appeals Court to Drop Digital Eavesdropping Class Actions

    April 11, 2024

    Read time: 2 min

    About Us
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