Content Type (RSS): In the News

  • McDermott Bolsters London Partnership with King & Spalding Hire

    COVERAGE

    McDermott Bolsters London Partnership with King & Spalding Hire

    December 15, 2023

    Read time: 2 min

    About Us

    Rob Marshall

    Partner

    London – 22 Bishopsgate

    Andrew C. Liazos

    Partner

    Boston, New York – One Vanderbilt Avenue

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  • Energy Project Finance Dealmaker Joins McDermott in New York

    Energy Project Finance Dealmaker Joins McDermott in New York

    PRESS RELEASE

    Energy Project Finance Dealmaker Joins McDermott in New York

    December 20, 2023

    Read time: 3 min

    International law firm McDermott welcomes Jeeseon Ahn as a partner in its Transactions Practice Group in New York. Jeeseon brings strong lender-side project finance experience to the Firm as energy and project finance deal volume continues to grow in the wake of the Inflation Reduction Act and in conjunction with an increase in energy transition initiatives globally. Jeeseon joins from Milbank.

    “We see a growing trend in private credit clients seeking investment opportunities across renewable energy, energy transition, renewable natural gas and carbon capture projects,” said Edward Zaelke, global co-head of the Firm’s Energy & Project Finance Practice Group. “Jeeseon’s experience advising institutional lenders with innovative structures will add incredible talent to a high-demand area for our clients.”

    Jeeseon represents both financial institutions and sponsors in domestic and cross-border projects and structured financings, investments and other transactions. She counsels clients in the United States and abroad on high-value projects and matters in the energy and infrastructure sectors, including renewable and conventional power, oil and gas, mining and digital infrastructure. Fluent in Korean, she will further expand relationships with clients doing business with counterparts in Korea, a key market for inbound and outbound energy transactions.

    Jeeseon also has significant experience representing export credit agencies and multilateral development banks on cross-border infrastructure projects in Latin America and Asia.

    “McDermott has built one of the largest full-service energy and project finance practices, with continued growth plans attracting top-tier energy clients and headline deals,” Jeeseon said. “I am excited to contribute my project finance experience and skill to further expand the Firm’s already robust offerings.”

    About Us

    McDermott 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.

    Edward Zaelke

    Partner

    Los Angeles

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  • ‘Patient’ Definition Ruling Raises Discount Drug Questions

    NEWSROOM

    ‘Patient’ Definition Ruling Raises Discount Drug Questions

    December 19, 2023

    Read time: 2 min

    About Us

    Emily Jane Cook

    Partner

    Los Angeles, Washington, DC

    Steven J. Schnelle

    Partner

    New York – One Vanderbilt Avenue

    Kelsey R. Reinhardt

    Associate

    Los Angeles

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  • Federal 340B Leader Moves on After 21 Months

    NEWSROOM

    Federal 340B Leader Moves on After 21 Months

    December 19, 2023

    Read time: 2 min

    About Us

    Emily Jane Cook

    Partner

    Los Angeles, Washington, DC

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  • Bankrupt Drug Treatment Center Takes Cigna Row to 9th Circ.

    NEWSROOM

    Bankrupt Drug Treatment Center Takes Cigna Row to 9th Circ.

    December 18, 2023

    Read time: 2 min

    About Us

    Richard W. Nicholson Jr.

    Partner

    New York – One Vanderbilt Avenue

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  • 2024 European Private Credit Outlook: Strong, mature market faces emerging risks

    2024 European Private Credit Outlook: Strong, mature market faces emerging risks

    COVERAGE

    2024 European Private Credit Outlook: Strong, mature market faces emerging risks

    December 18, 2023

    Read time: 2 min

    Finance partner Aymen Mahmoud was quoted in PitchBook LCD in relation to forecasts on the 2024 European Private Credit market.

    About Us

    Aymen Mahmoud

    Partner

    London – 22 Bishopsgate

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  • Evaluating Europe’s New IP Court: How the UPC Is Doing So Far and What’s to Come

    Evaluating Europe’s New IP Court: How the UPC Is Doing So Far and What’s to Come

    COVERAGE

    Evaluating Europe’s New IP Court: How the UPC Is Doing So Far and What’s to Come

    December 20, 2023

    Read time: 2 min

    Poised to impact the global patent strategy of both US and multinational companies, the Unified Patent Court (UPC) represents a significant shift in patent litigation in the European Union since it opened on June 1, 2023.

    In this article, Chuck Larsen, Diana Pisani and Daniel Sternberg look back at the UPC’s progress so far and explore what’s in store for 2024. Key topics include:

    • Recent decisions that granted preliminary injunctions for patentees
    • How applicants can prevail when seeking relief from the UPC
    • Why the UPC should impact your litigation strategy
    About Us

    Diana Pisani

    European Patent Attorney

    London – 22 Bishopsgate

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  • McDermott Advises Edelmann on Refinancing

    McDermott Advises Edelmann on Refinancing

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Edelmann on Refinancing

    December 15, 2023

    Read time: 3 min

    Munich, December 15, 2023  – McDermott Will & Emery has advised German packaging producer Edelmann Group on its refinancing. The financing was arranged by Commerzbank. In total a bank consortium of six banks was involved.

    The Edelmann Group, a family-owend business since 1913, is a producer of high-quality packaging solutions and patient information leaflets made of cardboard and paper for the health care, beauty care and consumer brands sectors. The company has more than 3,000 employees in Germany, Mexico, Brazil, Eastern Europe, India and China, and generates a revenue of more than €300 million.

    The McDermott team was led by Ludwig Zesch and included partner Uwe Goetker, counsel Marcus Fischer as well as associates Tim Becker and Eva Kanela.

    About Us

    Ludwig Zesch

    Partner

    Munich

    Dr. Uwe Goetker

    Partner

    Düsseldorf

    Marcus Fischer

    Counsel

    Frankfurt

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  • Prominent Global Executive Compensation Partner Joins McDermott in London

    PRESS RELEASE

    Prominent Global Executive Compensation Partner Joins McDermott in London

    December 15, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery welcomes Robert (Rob) Marshall as a partner in its Employee Benefits & Executive Compensation Practice Group in London. Rob is a highly skilled lawyer in global equity and cross-border executive compensation and represents some of the world’s largest multinational companies. He will lead McDermott’s cross-border executive compensation and benefits practice and boost the Firm’s international transactional practice.

    “Rob is truly a ‘unicorn’ lawyer who we have admired for several years,” said Andrew Liazos, global head of McDermott’s Employee Benefits & Executive Compensation Practice Group. “His extensive experience practicing in both London and Silicon Valley on complex, cross-border equity and executive compensation projects for large multinational companies has great synergy with our existing clients and significantly strengthens our practice.”

    “The majority of our client base is multinational in nature, and Rob’s international experience will bring instant value to our client offerings on both sides of the Atlantic,” added Hamid Yunis, managing partner of McDermott’s London office.

    Rob has advised public and private companies on executive compensation and equity plan issues spanning more than 140 countries. His practice covers counsel advice on securities compliance and disclosure, tax, corporate governance, stock-and cash-based plans, cross-border transactions and spin-offs, executive transfers, human resources, employment and severance packages, and stock exchange matters.

    “Challenging compensation and benefits issues are a critical component of our cross-border transactional work,” said Harris Siskind, global head of McDermott’s Transactions Practice Group. “Clients increasingly require a global approach to problem solving. Having a lawyer of Rob’s caliber and experience is vital to expanding our multi-jurisdictional capabilities.”

    “I was quickly drawn to the strength and reputation of McDermott’s employee benefits and tax practices, and, more specifically, the complex nature of the client work and ongoing projects they advise on,” said Rob.

    Rob is a Registered Foreign Lawyer (England and Wales) and a member of the State Bar of California.

    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.

    Rob Marshall

    Partner

    London – 22 Bishopsgate

    Andrew C. Liazos

    Partner

    Boston, New York – One Vanderbilt Avenue

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  • McDermott Represents Vanda Pharmaceuticals Inc. on Acquisition of PONVORY®

    McDermott Represents Vanda Pharmaceuticals Inc. on Acquisition of PONVORY®

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Vanda Pharmaceuticals Inc. on Acquisition of PONVORY®

    December 13, 2023

    Read time: 2 min

    International law firm McDermott Will & Emery represented Vanda Pharmaceuticals Inc. (Vanda), a leading global biopharmaceutical company, in its acquisition of US and Canadian rights to PONVORY®, a treatment for adults with relapsing forms of multiple sclerosis (RMS), to include clinically isolated syndrome, relapsing-remitting disease and active secondary progressive disease.

    The McDermott deal team was led by Kristian Werling with support from Paul Hughes, Nate Wolfe, Tom Conaghan, Caroline Ngo, Daniel McGuire, Dave Santangelo, Matt Celano, Alex Ruiz, Yuxin Jin, Dan Marino, Margaret Sampson, Anisa Mohanty, Scott Weinstein and Dana McSherry.

    Read Vanda’s announcement.

    About Us

    Kristian A. Werling

    Partner

    Chicago

    Paul W. Hughes

    Partner

    Washington, DC

    Nathaniel Wolfe

    Partner

    Nashville, New York – One Vanderbilt Avenue

    Thomas P. Conaghan

    Partner

    Washington, DC, New York – One Vanderbilt Avenue

    Caroline H. Ngo

    Partner

    Washington, DC

    David M. Santangelo

    Counsel

    New York – One Vanderbilt Avenue

    Alejandro Ruiz

    Partner

    San Francisco

    Yuxin Jin

    Associate

    New York – One Vanderbilt Avenue

    Dana M. McSherry

    Partner

    Boston

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