COVERAGE
September 16, 2022
Read time: 2 min
Julian Andre is quoted in the Associated Press after Deputy Attorney General Lisa Monaco speaks about a series of new US Department of Justice policies with a focus on corporate enforcement.
COVERAGE
September 16, 2022
Read time: 2 min
McDermott is featured in Global Legal Chronicle for representing Natixis.
The deal team is led by Scott Weinberg and included Megan Vallerie, Jeff Ruskin, Ryan Baebler, Bob Mower, Hayley Yandoli and Ed Pisacreta.
DEAL ANNOUNCEMENT / PRESS RELEASE
September 15, 2022
Read time: 3 min
International law firm McDermott Will & Emery represented Beam Suntory Inc., a world leader in premium spirits and producer of Jim Beam® bourbon, in the execution of a Renewable Energy Services Agreement with 3Rivers Energy Partners for the development of a $400 million renewable energy expansion.
As a result of this agreement, Beam Suntory will build a facility across the street from the Booker Noe distillery, Jim Beam’s largest Kentucky Distillery, to convert spent stillage into biogas. The biogas development project will use still from the whiskey distillery process as feedstock to produce renewable natural gas, which will then power the expanded distillery and assist Beam Suntory in achieving its goal to cut its company-wide greenhouse gas emission and water usage in half by 2030.
The transaction closed on September 12, 2022 and the project is expected to be completed by 2024.
In addition to capacity expansion, the investment includes land, warehouses and 51 new local jobs. Further, this project allows the distillery to invest in high-efficiency gas boilers to make maximum use of renewable natural gas, use scrubbing technology to remove carbon dioxide from fermentation tanks and following a purification process, facilitate the beneficial reuse of more than 100,000 metric tons of high-purity carbon dioxide annually.
The McDermott team was led by Parker Lee and Nichole Shustack and included Ming Lei, Isabelle Cunningham, Jacob Hollinger, Heather Cooper and Robert da Silva Ashley.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
DEAL ANNOUNCEMENT / PRESS RELEASE
September 15, 2022
Read time: 4 min
Frankfurt, September 15, 2022 – International law firm McDermott Will & Emery represented software investor Main Capital Partners on two further transactions: A team led by partners Norman Wasse and Dustin Schwerdtfeger advised Main Capital on the acquisition of Wanko Informationslogistik GmbH as well as on the subsequent acquisition of FleetGO Group. The two companies will be combined to form a new comprehensive logistics software group that will be known as FleetGO Group. The management of both remains invested with a minority stake.
Wanko Informationslogistik GmbH is a logistics software partner for route planning, warehouse management and telematics founded in 1972. FleetGO, founded in 2010, provides modern telematics solutions for companies. In addition to its headquarters in Hattem, the Netherlands. the company has offices in Düsseldorf and Istanbul. These two businesses both have significant and well-established track records as market leaders within their own sectors. They both focus on the supply chain software market in the German and Dutch markets respectively.
Main Capital Partners is a strategic investor focusing on enterprise software in Benelux, DACH and Scandinavia. The company manages assets of around EUR 2.2 billion.
The McDermott team led by partners Norman Wasse and Dustin Schwerdtfeger is particularly experienced with software and tech transactions. The team advised Main Capital on various transactions and financings, most recently on the acquisition and financing of FormSolutions and DataPlan by machgruppe and Audimex by Swedish portfolio company Blika Solutions Cryptshare AG by and its portfolio company Pointsharp. Recently, the team has also advised on the double take-over of Plato and IQS Software.
The London team led by partners Calum Thom and Linda Zeman also advised on a transaction for Main Capital for the first time in connection with the acquisition of the FleetGO Group.
The McDermott team was led by partner Norman Wasse and included partners Dustin Schwerdtfeger, Gudrun Germakowski, Johannes Honzen, Christian L. Masch, counsel Marcus Fischer; partners Calum Thom, Linda Zeman (both co-lead for FleetGo transaction), counsel Gary Howes, partner Paul McGrath and Hendrik Viaene (all only FleetGo transaction) as well as associates Marion von Grönheim, Isabelle Suzanne Müller, Lukas Deutzmann, Lisa Schickling, Franziska Leubner (both only Wanko transaction), Isabella Kätzlmeier, Hannah Henseling, Markus Hunkenschröder; and Johanna Greißel, Felicitas Faber, Dorothea Zimny, Chris Marshall, Rosie Mist, Emmy Clode, Charlotte Moorhouse, Sanjeet Johal, Sarah Gabbai, Hannelore Wiame (all only FleetGO transaction).
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
DEAL ANNOUNCEMENT / PRESS RELEASE
September 14, 2022
Read time: 4 min
International law firm McDermott Will & Emery represented funds advised by AUCTUS Capital Partners AG as well as PharmaLex Holding GmbH on the sale of PharmaLex Group to NYSE-listed Amerisource Bergen Corporation. The cash purchase price amounts to €1.28 billion. The transaction is subject to customary closing conditions and its completion is expected by March 2023.
The PharmaLex Group, headquartered in Germany and with numerous subsidiaries worldwide, provides scientific, regulatory and strategic advisory services to pharmaceutical companies. This includes support in the clinical development up to the marketing authorization of medicinal products and in ensuring the safety of medicinal products (pharmacovigilance) after market entry. PharmaLex thus enables its clients to market their medicinal products worldwide in accordance with local regulatory requirements under their respective market conditions. Many of PharmaLex’s consulting services are technology-based. The company employs experts in the fields of science, regulation, safety and compliance (GxP), many of whom had previously owned their own consulting companies which they subsequently sold to PharmaLex. Earlier this year, PharmaLex acquired Phlexglobal, a technology platform in the UK.
The international McDermott team was jointly led by the Firm’s Munich-based lawyers, Dr Stephan Rau, Dr Germar Enders and Dr Nadine Hartung. Stephan Rau has been the lead advisor to PharmaLex and its shareholder AUCTUS on numerous acquisitions since 2015, in particular in connection with acquisitions in the US where he has been able to draw on McDermott’s market-leading capabilities in life sciences and health. The acquisition of Phlexgobal was advised by McDermott London team led by partners Eleanor West and Sharon Lamb.
Advisors AUCTUS Capital Partners AG and PharmaLex Holding GmbH:
McDermott Will & Emery (Munich): Dr Stephan Rau (M&A/Private Equity/Healthcare Regulatory), Dr Germar Enders (Counsel) and Dr Nadine Hartung (both Corporate/M&A/Private Equity, all Lead). Dr Deniz Tschammler (Commercial/Regulatory/Compliance), Dr Monika Richter (Counsel, Commercial, both Frankfurt), Jana Grieb (Counsel, Healthcare Regulatory/Compliance), Dr Gudrun Germakowski (Labour Law, Düsseldorf), Steffen Woitz (IP/IT), Eleanor West (Corporate/M&A), Sharon Lamb (Healthcare Regulatory, both London), Diego Gómez-Cornejo (Corporate/M&A, Dallas); Associates: Dr Robert Feind, Sebastian Gerstner, Matthias Weingut (all Corporate/M&A), Sylvia Petereit-Kemter, Dr. Lea Hachmeister (Frankfurt; both Healthcare Regulatory/Compliance), Markus Cejka (Finance, Frankfurt), Ilva Woeste (Labour Law), Heloise Waudby (Corporate/M&A, London), Elaine Kao (Corporate/M&A, Dallas)
Further advisors to AUCTUS/PharmaLex: Noerr, Emnay
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
COVERAGE
September 14, 2022
Read time: 2 min
Charles Gibbs is quoted in Charlotte Business Journal where he talks about the Chapter 11 bankruptcy plan filed by David Tepper’s GT Real Estate LLC.
COVERAGE
September 13, 2022
Read time: 2 min
Caroline Incledon, Mara Theophila and William Donovan are featured in Law360 for representing Gorton’s Inc.
COVERAGE
September 13, 2022
Read time: 2 min
Darren Azman and Gregg Steinman author this article in the Journal of Corporate Renewal where they answer the question, “Can a decentralized autonomous organization (DAO) utilize the Bankruptcy Code?”
DEAL ANNOUNCEMENT / PRESS RELEASE
September 9, 2022
Read time: 3 min
International law firm McDermott Will & Emery represented Mullen Automotive, Inc. (NASDAQ: MULN), an emerging electric vehicle (EV) manufacturer, in its acquisition of a controlling interest in Bollinger Motors, an EV truck innovator. The purchase price is $148.2 million in cash and stock for a 60% controlling interest.
This is Mullen’s first EV acquisition and propels the company into the medium duty truck classes 3-6, along with the B1 and B2 sport utility trucks and positions Bollinger to capture the electric sport utility and commercial vehicle markets.
The McDermott team advising Mullen Automotive is led by Bob Cohen and Eric Klee and includes Jeronimo Soares de Sousa, Alex Laznovsky, Darren Yang, Cristell Fortune, Michael Siekman, Evan Belosa, Stephanie Stein, Mark Bilut and Ty Carson.
For more details, read Mullen Automotive’s press release.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
COVERAGE
September 9, 2022
Read time: 2 min
Stephen Kranz, Eric Carstens, Michael Hilkin and Diann Smith are featured in Tax Notes.
