Content Type (RSS): In the News

  • Trust Administration 2023 Edition

    NEWSROOM

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    Read time: 2 min

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  • Cred Claims Uphold Exchange Owes Millions

    Cred Claims Uphold Exchange Owes Millions

    COVERAGE

    Cred Claims Uphold Exchange Owes Millions

    January 12, 2023

    Read time: 2 min

    Joseph Evans is featured in Bitcoin News after Cred’s lawsuit against Uphold.

    About Us

    Joseph B. Evans

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Represents Enfinity Global in its Acquisition of 400 MW Solar Projects Owned by Affiliates of Capital Dynamics

    McDermott Represents Enfinity Global in its Acquisition of 400 MW Solar Projects Owned by Affiliates of Capital Dynamics

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Enfinity Global in its Acquisition of 400 MW Solar Projects Owned by Affiliates of Capital Dynamics

    January 12, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Enfinity Global Inc., a US-based leading renewable energy and sustainability services company, and its affiliated companies, in the acquisition of a 400 MW operational utility-scale solar portfolio, marking a milestone in the expansion of the company in the US. The project includes 28 solar projects across three states from certain affiliates of Capital Dynamics, Inc.

    McDermott also handled the structuring, negotiation and documentation of a senior secured credit facility with a subsidiary of Enfinity Global as the borrower, Nomura Securities International Inc., as sole lead arranger and bookrunner, Nomura Corporate Funding Americas, Commonwealth Bank of Australia, Zions Bankcorporation and Bayerische Landesbank, New York Branch, as lenders, and Deutsche Bank Trust Company Americas as the administrative agent. The facilities were used to finance a portion of the purchase price of the aforementioned acquisition and other corporate purposes. AB Car Val also provided funding for the transaction.

    The McDermott team was led by Edward Zaelke, Lloyd MacNeil, Allison Perlman and Jeronimo Soares de Sousa and included Heather Cooper, Matt Evola, Jacob Hollinger, Neil Levy, Stephanie Lim, Alexandra Scheibe, Rachel Rosen and Kate Williams.

    Read Enfinity Global’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.

    Edward Zaelke

    Partner

    Los Angeles

    Heather Cooper

    Partner

    Miami

    Jacob Hollinger

    Partner

    New York – One Vanderbilt Avenue

    Neil L. Levy

    Partner

    Washington, DC

    Stephanie S. Lim

    Counsel

    Washington, DC

    Rachel Rosen

    Partner

    New York – One Vanderbilt Avenue

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  • Uphold Exchange Denies Owing Millions to Failed Crypto Lender Cred

    Uphold Exchange Denies Owing Millions to Failed Crypto Lender Cred

    COVERAGE

    Uphold Exchange Denies Owing Millions to Failed Crypto Lender Cred

    January 12, 2023

    Read time: 2 min

    Joseph Evans is featured in Cointelegraph after Cred’s lawsuit against Uphold.

    About Us

    Joseph B. Evans

    Partner

    New York – One Vanderbilt Avenue

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  • Uphold Exchange Denies Owing Millions to Failed Crypto Lender Cred

    Uphold Exchange Denies Owing Millions to Failed Crypto Lender Cred

    COVERAGE

    Uphold Exchange Denies Owing Millions to Failed Crypto Lender Cred

    January 12, 2023

    Read time: 2 min

    Joseph Evans is quoted in Westlaw Today discussing Cred Inc.

    About Us

    Joseph B. Evans

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Represents Brit Insurance in its $400 Million Sale of Ambridge Group to Amynta

    McDermott Represents Brit Insurance in its $400 Million Sale of Ambridge Group to Amynta

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Brit Insurance in its $400 Million Sale of Ambridge Group to Amynta

    January 12, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Brit Insurance Holdings Limited, in its sale of Ambridge Group, the managing general underwriter operations of Brit, for $400 million to Amynta Agency Inc., a premier insurance services company with more than $3.5 billion in total managed premiums. The transaction includes the sale of Brit Insurance USA Holdings, Inc. and its subsidiaries as well as Ambridge Europe and its subsidiaries. With this transaction, the businesses will enter into a multi-year agreement for Brit to be a significant capacity partner to Ambridge.

    The transaction is expected to close Q2 2023 subject to regulatory approval.

    The cross-border deal team was led by Michael Halsband, Christopher Stacker, Smith Alpert and Leigh Solomon and included Eleanor West, John Lutz, Jared Bryant, Kevin Cummings, Sarah Gabbai, Jed Gordon, Andrew Granek, Caitlin Harrington, Gregory Heltzer, Kathy Schumacher, Melis Solaksubasi, Michelle Strowhiro and Erin Turley.

    Read Brit’s press release here.

    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.

    Michael R. Halsband

    Partner

    New York – One Vanderbilt Avenue

    Christopher Stacker

    Partner

    Chicago

    Smith Alpert

    Partner

    New York – One Vanderbilt Avenue

    Eleanor West

    Partner

    London – 22 Bishopsgate

    John T. Lutz

    Partner

    New York – One Vanderbilt Avenue

    Andrew M. Granek

    Partner

    New York – One Vanderbilt Avenue

    Caitlin M. Harrington

    Associate

    Chicago

    Gregory E. Heltzer

    Partner

    Washington, DC

    Melis Solaksubasi

    Associate

    Chicago

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  • Judge Pushes Resolution In Vanda, FDA Gastro Drug Fight

    COVERAGE

    Judge Pushes Resolution In Vanda, FDA Gastro Drug Fight

    January 11, 2023

    Read time: 2 min

    Alex Boota, Paul Hughes and Andrew Lyonsberg are featured in Law360 for representing Vanda.

    About Us

    Paul W. Hughes

    Partner

    Washington, DC

    Andrew A. Lyonsberg

    Partner

    Washington, DC

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  • Uphold Seeks Toss Of ‘Incoherent’ $783M Cred Crypto Suit

    Uphold Seeks Toss Of ‘Incoherent’ $783M Cred Crypto Suit

    COVERAGE

    Uphold Seeks Toss Of ‘Incoherent’ $783M Cred Crypto Suit

    January 11, 2023

    Read time: 2 min

    David Hurst, Andrew Kratenstein, Darren Azman and Joseph Evans are featured in Law360 for representing The Cred Inc. Liquidation Trust.

    About Us

    David R. Hurst

    Partner

    Wilmington

    Andrew B. Kratenstein

    Partner

    New York – One Vanderbilt Avenue

    Darren Azman

    Partner

    New York – One Vanderbilt Avenue

    Joseph B. Evans

    Partner

    New York – One Vanderbilt Avenue

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  • L2 Brands’ Acquisition of Ouray Sportswear

    L2 Brands’ Acquisition of Ouray Sportswear

    COVERAGE

    L2 Brands’ Acquisition of Ouray Sportswear

    January 11, 2023

    Read time: 2 min

    McDermott is featured in Global Legal Chronicle for representing S&S Activewear. The McDermott team was led by Ann Marie Brodarick and Jake Townsend and included Nick Greiner, Garrett Moores, Ellie Atkins, Mark Bilut, Jed Gordon, Jennifer Mikulina, Jeffrey Holdvogt, Brian Mead, David Neville, David Saunders and Daniel Zucker.

    About Us

    Ann Marie Brodarick

    Partner

    Chicago

    Jake Townsend

    Partner

    Chicago

    Nick Greiner

    Partner

    Chicago

    Garrett A. Moores

    Associate

    Chicago

    Eleanor B. Atkins

    Partner

    Washington, DC

    Mark A. Bilut

    Partner

    Chicago

    Jeffrey M. Holdvogt

    Partner

    Chicago

    Brian Mead

    Partner

    Chicago

    David P. Saunders

    Partner

    Chicago

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  • Back to the Drawing Board: CMS Proposes Changing the Overpayment Rule’s ‘Identified’ Definition

    COVERAGE

    Back to the Drawing Board: CMS Proposes Changing the Overpayment Rule’s ‘Identified’ Definition

    January 10, 2023

    Read time: 2 min

    Emily Cook, Tony Maida and Monica Wallace author this article in Westlaw Today. In this article, they discuss a proposed rule that would alter the obligations of entities that participate in Medicare to report and return overpayments of Part A and Part B funds.

    About Us

    Emily Jane Cook

    Partner

    Los Angeles, Washington, DC

    Tony Maida

    Partner

    New York – One Vanderbilt Avenue

    Monica Wallace

    Partner

    Chicago

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