Content Type (RSS): In the News

  • McDermott Expands Atlanta Footprint, Adds Former Mayor as Partner

    PRESS RELEASE

    McDermott Expands Atlanta Footprint, Adds Former Mayor as Partner

    October 3, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery bolsters its Atlanta-based team with the addition of Litigation Partner Kasim Reed. Well-known in Atlanta business circles for his entrepreneurial spirit and deep professional networks, Kasim previously served two terms as mayor of Atlanta. He joins from Squire Patton Boggs.

    “Clients require financial prowess and tactical negotiation skills in today’s dynamic market,” said Steven Scholes, global head of McDermott’s Litigation Practice Group. “Kasim is a skilled lawyer who clients seek out to handle their disputes when the stakes are high.”

    Kasim’s practice focuses on complex commercial litigation, and he leverages his public policy experience for the strategic benefit of Atlanta-based corporations across a variety of industries.

    “With his legal skill, extensive local connections and focus on innovation, Kasim will be an asset to our Firm and clients,” said Frank Layson, managing partner of McDermott’s Atlanta office. “Atlanta offers many advantages for companies, including a diverse talent pool, friendly business environment and proximity to customers and strategic alliances.”

    Forbes has named Atlanta the #3 city for Fortune 500 headquarters and the city is poised for continued growth.

    “I have been long impressed by the lawyers at McDermott, and I’m thrilled to join a firm whose Atlanta office is fully integrated into the larger platform,” Kasim said. “Local clients will undoubtedly benefit from the cross-practice and global approach to best-in-class client service.”

    In addition to his mayoral terms, Kasim previously served in both the Georgia House of Representatives and the Georgia State Senate. He also held several leadership and advisory roles, including former chairman of the Transportation and Communications Committee of the United States Conference of Mayors and former chairman of the Regional Transit Committee of the Atlanta Regional Commission.

    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.

    McDermott’s Atlanta office opened in March 2020 and has grown exponentially each year. Lawyers work across vital Southeastern US business sectors, including private equity, healthcare, food and beverage, FinTech and telecommunications.

    Steven S. Scholes

    Partner

    Chicago

    Frank Layson

    Partner

    Atlanta

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  • Digital Health Investing in 2023: Seizing Opportunity Amid Slower Investment Landscape

    NEWSROOM

    Digital Health Investing in 2023: Seizing Opportunity Amid Slower Investment Landscape

    September 29, 2023

    Read time: 2 min

    About Us

    Marshall E. Jackson , Jr.

    Partner

    Washington, DC

    Kristian A. Werling

    Partner

    Chicago

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  • Treasury Clarifies IRA Wage and Apprenticeship Requirements

    NEWSROOM

    Treasury Clarifies IRA Wage and Apprenticeship Requirements

    September 29, 2023

    Read time: 2 min

    About Us

    Heather Cooper

    Partner

    Miami

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  • McDermott Grows into New Wilmington Space, Reflecting Increased Demand for Complex Legal Services

    McDermott Grows into New Wilmington Space, Reflecting Increased Demand for Complex Legal Services

    PRESS RELEASE

    McDermott Grows into New Wilmington Space, Reflecting Increased Demand for Complex Legal Services

    September 28, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery has relocated its expanding Delaware office to the Brandywine Building in the heart of downtown Wilmington.

    With close proximity to clients and courthouses, McDermott’s new Wilmington office is ideally located and provides a space designed for collaboration and innovation. This office move is part of the Firm’s larger overall design approach and growth mindset for the future, ensuring clients have the support and counsel they need in the geographies where they need it most.

    Located at 1000 N. West Street, the Brandywine Building is a 19-story high rise originally built in 1970 by the DuPont Company and recently was converted to modern office space. The McDermott office features bright spaces, high ceilings, expansive areas for collaboration and breathtaking views of the city and surrounding countryside. The office also includes the Rockford Employee Lounge, adjacent to the reception lobby via a glass wall, a modern design element unique to Wilmington.

    “Since initially planting our flag in Wilmington in 2019, we’ve expanded our footprint and have established ourselves as a go-to firm for litigation, transactions and corporate counseling and restructurings in the Delaware market,” said Ashley Altschuler, managing partner of the Firm’s Delaware office. “This transformational new office space is a manifestation of our McDermott family vibe and friendly culture, connecting us with our clients, colleagues and our community.”

    Historically rich and economically thriving, Delaware is the corporate home to more than 65% of Fortune 500 companies. In addition to the Court of Chancery, the nation’s preeminent business court, Delaware hosts one of the busiest bankruptcy courts in the country. Delaware also has become a leading jurisdiction for IP litigation, among other distinctions that tie directly to the nuanced counsel that our innovative teams bring to any matter.

    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.

    Ashley R. Altschuler

    Partner

    Wilmington

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  • Gemspring Takes Majority Stake in ClearCompany

    NEWSROOM

    Gemspring Takes Majority Stake in ClearCompany

    September 25, 2023

    Read time: 2 min

    About Us

    Jun Won Kim

    Partner

    New York – One Vanderbilt Avenue

    Samantha R. Koplik

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Represents Gemspring Capital Management, LLC in its Acquisition of a Majority Interest in ClearCompany Holdings

    McDermott Represents Gemspring Capital Management, LLC in its Acquisition of a Majority Interest in ClearCompany Holdings

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Gemspring Capital Management, LLC in its Acquisition of a Majority Interest in ClearCompany Holdings

    September 25, 2023

    Read time: 3 min

    McDermott Will & Emery represented Gemspring Capital Management, LLC (Gemspring), a Connecticut-based private equity firm with $3.5 billion of capital under management, in its acquisition of a majority interest in ClearCompany Holdings (Clear Company), a provider of human capital management software.

    McDermott also advised on the structuring, negotiation and documentation of a secured credit facility provided by Monroe Capital Management Advisors, LLC, used to finance the acquisition and for working capital purposes.

    The McDermott team was led by Harris Siskind, Jun Won Kim and John Zukin and included Terry Brennan, Adam Perlman, and Michael Kim. Invaluable support was provided by Alex Ruiz, Dino Ilievski, Michelle Strowhiro, Cristell Fortune, Jennifer Mikulina, Ellie Atkins, Nickou Oskoui, Scott Weinstein, Jonathan Ende, Elias Eliopoulos, Adam Long, Mark Bilut, Patrick Ryan, Jennifer Hill, Greg Heltzer, Ty Carson, Stéphane Dionnet, Hendrik Viaene and Mélissa Hui.

    The McDermott finance team was led by Samantha Koplik and included Matthew Celentano and Sam Scaletta.

    Read Gemspring’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.

    Jun Won Kim

    Partner

    New York – One Vanderbilt Avenue

    John Zukin

    Partner

    Chicago

    Terry Brennan

    Partner

    Chicago

    Adam D. Perlman

    Associate

    New York – One Vanderbilt Avenue

    Michael Kim

    Associate

    New York – One Vanderbilt Avenue

    Alejandro Ruiz

    Partner

    San Francisco

    Eleanor B. Atkins

    Partner

    Washington, DC

    Nickou Oskoui

    Partner

    Dallas

    Jonathan Ende

    Partner

    Washington, DC

    Elias Eliopoulos

    Partner

    New York – One Vanderbilt Avenue

    Mark A. Bilut

    Partner

    Chicago

    Jennifer D. Hill

    Associate

    Atlanta

    Gregory E. Heltzer

    Partner

    Washington, DC

    Timothy (Ty) Carson

    Counsel

    Washington, DC

    Stéphane Dionnet

    Partner

    Brussels

    Samantha R. Koplik

    Partner

    New York – One Vanderbilt Avenue

    Matthew J. Celentano

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott advised CE Capital Partners

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott advised CE Capital Partners

    25. September, 2023

    Read time: 3 min

    Munich, September 25, 2023 – McDermott Will & Emery has advised the Hamburg-based investment company CE Capital Partners (CE Capital) on the sale of its remaining minority stake in FWH Stahlguss GmbH (FWH) to the defence contractor Krauss-Maffei Wegmann (KMW). CE Capital had already been advised by McDermott Will & Emery last year on the sale of an 80% majority stake in FWH Stahlguss GmbH (FWH) and CE Mühlheim Verwaltungs-GmbH, which is responsible for services and administration, to KMW.

    FWH Stahlguss GmbH (FWH) operates Friedrich Wilhelms-Hütte, a traditional manufacturer of high-quality cast steel products from Mülheim an der Ruhr.

    McDermott Will & Emery: Dr. Björn Biehl (Lead Partner, Corporate/M&A, Munich), Marcus Fischer (Counsel, Tax, Frankfurt), Dr. Sandra Urban-Crell (Partner, Employment, Düsseldorf) and Dr. Fabian Appadoo (Associate, Corporate/M&A, Munich).

    About Us

    Marcus Fischer

    Counsel

    Frankfurt

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  • McDermott Represents Arthur J. Gallagher & Co. in its Acquisition of Eastern Insurance Group, LLC

    McDermott Represents Arthur J. Gallagher & Co. in its Acquisition of Eastern Insurance Group, LLC

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Arthur J. Gallagher & Co. in its Acquisition of Eastern Insurance Group, LLC

    September 22, 2023

    Read time: 3 min

    McDermott Will & Emery represented Arthur J. Gallagher & Co. (Gallagher) in its acquisition of Eastern Insurance Group, LLC (Eastern Insurance), a subsidiary of Eastern Bank. Eastern Insurance offers comprehensive commercial property/casualty and personal lines products as well as employee benefits consulting to clients throughout the Northeast US.

    Gallagher is a global insurance brokerage, risk management and consulting services firm providing services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants. Under the agreement, Gallagher will acquire the assets of Eastern Insurance for consideration of $510 million net of agreed seller funded expenses.

    The McDermott team was led by Robert Clagg and included Heather Bethancourt, Betty Miguelina Brito, Michael Byrne, Brian Casillas, Margaret Cremin, Jonathan Ende, Matt Evola, Edward (Jed) Gordon, Daniel Zucker, Michael Halsband, Jeffrey Holdvogt, Jacob Hollinger, Brian Long, Alison Mackenzie, Brian Mead, Nick Paul, Wendy Phinny, Maxwell Preston, Brandon Sarkauskas, Marisa Young, David Saunders, Leigh Solomon and Ofir Tzoubari.

    Read Arthur J. Gallagher & Co.’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.

    Robert K. Clagg

    Partner

    Chicago

    H. Michael Byrne

    Partner

    New York – One Vanderbilt Avenue

    Brian Casillas

    Partner

    Los Angeles

    Jonathan Ende

    Partner

    Washington, DC

    Michael R. Halsband

    Partner

    New York – One Vanderbilt Avenue

    Jeffrey M. Holdvogt

    Partner

    Chicago

    Jacob Hollinger

    Partner

    New York – One Vanderbilt Avenue

    Brian Long

    Associate

    Dallas

    Brian Mead

    Partner

    Chicago

    Maxwell C. Preston

    Staff Attorney

    New York – One Vanderbilt Avenue

    Brandon Sarkauskas

    Associate

    Chicago

    David P. Saunders

    Partner

    Chicago

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  • McDermott-Led H.I.G. Clinches $5.5B Middle Market LBO Fund

    NEWSROOM

    McDermott-Led H.I.G. Clinches $5.5B Middle Market LBO Fund

    September 22, 2023

    Read time: 2 min

    About Us

    Ian M. Schwartz

    Partner

    New York – One Vanderbilt Avenue

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  • Mark Schreiber on PCI 4.0 Compliance

    NEWSROOM

    Mark Schreiber on PCI 4.0 Compliance

    September 22, 2023

    Read time: 2 min

    Mark Schreiber joined the Compliance Perspectives podcast, hosted by the Society of Corporate Compliance and Ethics and the Health Care Compliance Association, to share insights on complying with Payment Card Industry (PCI) 4.0.

    About Us

    Mark E. Schreiber

    Counsel

    Boston

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