Content Type (RSS): In the News

  • Buckle Up

    Buckle Up

    COVERAGE

    Buckle Up

    June 6, 2023

    Read time: 2 min

    Michael Halsband is featured in Coverager with the start of McDermott’s Insurtech Summit 2023.

    About Us

    Michael R. Halsband

    Partner

    New York – One Vanderbilt Avenue

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  • HRSA Silence on 340B Drug Discount Status Worries Hospitals

    HRSA Silence on 340B Drug Discount Status Worries Hospitals

    COVERAGE

    HRSA Silence on 340B Drug Discount Status Worries Hospitals

    June 6, 2023

    Read time: 2 min

    Emily Cook is quoted in Modern Healthcare speaking on hospitals 340B drug discount status.

    About Us

    Emily Jane Cook

    Partner

    Los Angeles, Washington, DC

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  • McDermott Releases Legal Industry’s First of its Kind Interactive State Law Privacy Map

    McDermott Releases Legal Industry’s First of its Kind Interactive State Law Privacy Map

    PRESS RELEASE

    McDermott Releases Legal Industry’s First of its Kind Interactive State Law Privacy Map

    June 6, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery announced the release of an interactive map summarizing all of the recently enacted US state privacy laws. Unique from other state maps which are static, McDermott’s map immediately provides the user with analysis of any state’s enacted privacy legislation, along with the ability to download and print both legislative details and practical guidance and analysis.

    “Our goal in creating this state privacy law map was to provide an interactive and informational tool that did not yet exist,” said David Saunders, a partner in McDermott’s Global Privacy & Cybersecurity Practice and one of the Firm leaders of the initiative. “Our goal is for our state privacy map to be the ‘go-to’ resource for anyone looking to quickly understand the obligations that each state consumer privacy law imposes on companies.”

    McDermott’s interactive map provides the following key features:

    • Clickable states which have enacted consumer privacy laws
    • Bite-size summaries of the primary information for each state’s consumer privacy law, including the title of the law, statute and regulation citations, effective date, applicability thresholds and links to related McDermott resources for further analysis
    • Links to download and print a full report of each state’s consumer privacy legislation

    The map will be continuously updated with the latest available information when a new law is enacted.

    “With an increasingly complex landscape of laws, McDermott’s interactive state privacy map will be of enormous help to users seeking to understand the regulatory and compliance challenges they face when handling consumer information,” said Amy Pimentel, a partner in McDermott’s Global Privacy & Cybersecurity Practice who also spearheaded the map’s creation.

    McDermott’s state privacy map can be accessed in the Firm’s Global Privacy & Cybersecurity Resource Center, a one-stop shop for timely webinars, thought leadership and insights covering critical developments that impact data privacy and compliance worldwide.

    About McDermott’s Global Privacy & Cybersecurity Practice

    McDermott’s world-class Global Privacy and Cybersecurity team includes more than 50 privacy and cybersecurity lawyers advising clients on the statutory, regulatory and enforcement regimes that govern the collection, use and disclosure of data in the United States, Europe, Asia and elsewhere.

    We have extensive experience advising on the full range of data privacy and protection laws, industry standards and issues. Our lawyers regularly counsel clients on US and international data-use issues, data transfers, and privacy compliance under US and foreign laws. We conduct in-depth privacy/cybersecurity risk assessments, often in the context of mergers, acquisitions and other domestic and cross-border transactions.

    In the event of data breaches or alleged improper use of data, we provide swift, effective cybersecurity incident response and represent clients in litigation and government investigations.

    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.

    David P. Saunders

    Partner

    Chicago

    Amy C. Pimentel

    Partner

    Boston

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  • McDermott Represents RC Capital in its Partnership with James River Cardiology to Form Aligned Cardiovascular Partners

    McDermott Represents RC Capital in its Partnership with James River Cardiology to Form Aligned Cardiovascular Partners

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents RC Capital in its Partnership with James River Cardiology to Form Aligned Cardiovascular Partners

    June 2, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented RC Capital, a healthcare-focused growth equity firm that partners with high–potential healthcare companies, healthcare executives and clinicians, in its partnership with leading healthcare investment banking firm, Provident Healthcare Partners and James River Cardiology, a full-service cardiology practice, to form Aligned Cardiovascular Partners.

    The transaction was announced on May 31, 2023.

    The McDermott deal team was led by Krist Werling, Hunter Sharp, Monica Wallace, Adam Byrne and and included Amanda Enyeart, Kevin Hall, Lisa Loesel, Brian Mead, Heidi Steele, Jake Mattinson, Ryan Higgins, Jennifer Mikulina, Ashley Fischer, Sarah Kitchell, Sandra DiVarco, Jennifer Vecchio, Evie Atwater, Delaney Prunty, Kwabena Yeboah, Ellie Atkins, Kate Williams and Rachel Byrd.

    Read Provident Health’s press release.

    McDermott’s private equity practice is among the top four most active PE law firms globally and in the US with more than 160 dedicated private equity lawyers in 21 locations globally. In addition to being Pitchbook’s top Healthcare PE firm for a fifth consecutive year and fifth in both IT and financial services private equity, we are named Energy & Industrials Law Firm of the Year (Large Cap) by The Deal, Top 10 in PE Buyouts by MergerMarket and Top 10 in US Mid-Market by Bloomberg. Learn more about our PE practice by visiting pe.mwe.com.

    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.

    Kristian A. Werling

    Partner

    Chicago

    Hunter R. Sharp

    Partner

    Chicago

    Monica Wallace

    Partner

    Chicago

    Amanda Enyeart

    Partner

    Chicago

    Kevin Hall

    Partner

    Miami

    Brian Mead

    Partner

    Chicago

    Heidi J. Steele

    Partner

    Chicago

    Jacob M. Mattinson

    Partner

    Chicago

    Ryan S. Higgins

    Partner

    Chicago

    Ashley M. Fischer

    Partner

    Chicago

    Sarah Kitchell

    Partner

    Boston

    Sandra M. DiVarco

    Partner

    Chicago

    Evelyn S. Atwater

    Associate

    Chicago

    Delaney Prunty

    Associate

    Chicago

    Eleanor B. Atkins

    Partner

    Washington, DC

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  • McDermott Represents Iron Path Capital in PureTech Scientific’s $137 Million Acquisition of Glycolic Acid Business from The Chemour Company

    McDermott Represents Iron Path Capital in PureTech Scientific’s $137 Million Acquisition of Glycolic Acid Business from The Chemour Company

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Iron Path Capital in PureTech Scientific’s $137 Million Acquisition of Glycolic Acid Business from The Chemour Company

    June 2, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Iron Path Capital, a private equity firm focused on lower-middle market investments across the specialty industrial and healthcare sectors, in its backed company PureTech Scientific’s acquisition of The Chemours Company’s Glycolic Acid business. With this acquisition, PureTech Scientific is positioning itself to become the global leader in organic synthesis of ultra-high purity alpha hydroxy acids for the Life Sciences and Specialty Chemical industries.

    The transaction was announced on June 1, 2023 and is expected to close by the third quarter of 2023, subject to regulatory approvals and other customary closing conditions.

    The cross-border McDermott deal team was led by Hunter Sharp with support from Krist Werling, David Wolff, Ben Kryder, David Ivill, Terrance Brennan, Delaney Prunty and Jacob Hollinger.

    Read the combined press release.

    McDermott’s private equity practice is among the top four most active PE law firms globally and in the US with more than 160 dedicated private equity lawyers in 21 locations globally. In addition to being Pitchbook’s top Healthcare PE firm for a fifth consecutive year and fifth in both IT and financial services private equity, we are named Energy & Industrials Law Firm of the Year (Large Cap) by The Deal, Top 10 in PE Buyouts by MergerMarket and Top 10 in US Mid-Market by Bloomberg. Learn more about our PE practice by visiting pe.mwe.com.

    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.

    Hunter R. Sharp

    Partner

    Chicago

    Kristian A. Werling

    Partner

    Chicago

    David M. Wolff

    Partner

    Chicago

    Benjamin L. Kryder

    Partner

    Chicago

    David S. Ivill

    Partner

    New York – One Vanderbilt Avenue

    Terry Brennan

    Partner

    Chicago

    Delaney Prunty

    Associate

    Chicago

    Jacob Hollinger

    Partner

    New York – One Vanderbilt Avenue

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  • Drone Biz Knocks Out Aerospace Co.’s Patent Claims At PTAB

    Drone Biz Knocks Out Aerospace Co.’s Patent Claims At PTAB

    COVERAGE

    Drone Biz Knocks Out Aerospace Co.’s Patent Claims At PTAB

    June 2, 2023

    Read time: 2 min

    Kevin Meek and Brian Oaks are featured in Law360 for representing Textron.

    About Us

    Brian W. Oaks

    Partner

    Austin

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  • Housing Groups Sue Over Chicago Fire’s $23M Land Lease

    Housing Groups Sue Over Chicago Fire’s $23M Land Lease

    COVERAGE

    Housing Groups Sue Over Chicago Fire’s $23M Land Lease

    June 2, 2023

    Read time: 2 min

    Daniel Campbell and Emilie O’Toole are quoted in Law360 for representing The Chicago Housing Initiative, the Coalition to Protect Chicago Housing Authority Land and the Lugenia Burns Hope Center.

    About Us

    Daniel Campbell

    Partner

    Chicago

    Emilie O'Toole

    Partner

    Chicago

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  • McDermott Leans Into Structured Finance, Hiring Linklaters Partner

    McDermott Leans Into Structured Finance, Hiring Linklaters Partner

    COVERAGE

    McDermott Leans Into Structured Finance, Hiring Linklaters Partner

    June 1, 2023

    Read time: 2 min

    Jonathan Ching is quoted in The American Lawyer after joining the Firm’s Transactions practice.

    About Us
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  • McDermott Adds Structured Finance Partner in New York

    McDermott Adds Structured Finance Partner in New York

    PRESS RELEASE

    McDermott Adds Structured Finance Partner in New York

    June 1, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce the addition of Partner Jonathan Ching to the Firm’s Transactions Practice Group in New York. Jonathan will draw on his in-house experience at leading banks and investment institutions to provide clients with practical and strategic investment advice.

    “Clients continue to seek transactions in commodities, fintech and structured finance, three areas Jonathan has substantial experience navigating,” said Harris Siskind, global head of the Firm’s transactions practice. “Jonathan will serve clients whose products span several natural resources and commodities, including crude oil and refined products, base and precious metals, agricultural products, natural gas liquids and renewables.”

    Jonathan focuses his practice on structured transactions that involve derivatives, commodities and both digital and traditional asset classes. He routinely structures, negotiates, documents and handles the administrative aspects of physical and financial commodity transactions, including inventory financing and monetization, intermediation arrangements, secured finance and lien-based structures and master agreements for energy markets.

    Additionally, he advises market participants on the regulatory challenges that arise from cryptocurrencies, trading, clearing and settlement solutions using distributed ledger technology. Jonathan has advised leading financial institutions on platforms for cross-currency payments, overnight repo and digital asset derivatives. He also has significant experience advising clients on regulatory matters in connection with mortgage and other asset-backed securitizations, particularly in relation to US credit risk retention and Volcker Rule issues. His transactional and regulatory experience includes all derivative-related aspects of the Dodd-Frank Act (Title VII).

    “I joined McDermott to better serve my clients’ diverse needs and to be part of a winning team environment that is focused on entrepreneurship and collaboration,” Jonathan said. “The Firm’s M&A and energy practices are top-notch and offer vast opportunities for my clients.”

    Jonathan received his BA from the University of Southern California and his JD from Fordham University School of Law.

    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.

    You may also like

  • Has China Become Too Cosy With Private Equity?

    COVERAGE

    Has China Become Too Cosy With Private Equity?

    June 1, 2023

    Read time: 2 min

    Peter Lu, partner and head of the Firm’s China Practice was quoted in the Financial Times in relation to state-backed investors that have poured money into buyout groups, enabling Beijing to deploy hundreds of billions of dollars into western companies and economies even as the political mood has shifted.

    About Us

    Peter Lu

    Partner

    London – 22 Bishopsgate

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