DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents CVS Health in $8 Billion Definitive Agreement to Acquire Signify Health
September 8, 2022
Read time: 3 min
International law firm McDermott Will & Emery represented CVS Health in its definitive agreement to acquire Signify Health, Inc., a leader in Health Risk Assessments, value-based care and provider enablement. This deal represents an important acquisition by CVS to advance its stated goal to develop in-home and managed care service offerings. The transaction is expected to close in the first half of 2023.
McDermott represented CVS Health as healthcare regulatory counsel in deal diligence and the negotiation and execution of the definitive agreement. The team was led by Jeremy Earl, Mimi Alexandre and Sarah Kitchell and included Jiayan Chen, Li Wang, Yesenia Gallegos, Paulina Chau, Patrick Zanayed, Lisa Mazur, Moyo Koya, Danielle Scheer, Grayson Dimick and Ming Chuang.
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 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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Coordination of Undertaxed Payment Rules With Bilateral Income Tax
COVERAGE
Coordination of Undertaxed Payment Rules With Bilateral Income Tax
September 8, 2022
Read time: 2 min
David Noren authors this article in Bloomberg Tax.
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SC City Sues Firm Tied To Carolina Panthers For $20M
COVERAGE
SC City Sues Firm Tied To Carolina Panthers For $20M
September 7, 2022
Read time: 2 min
Maris Kandestin and Charles Gibbs are featured in Law360.
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McDermott and Civil Rights Lawyers File Supreme Court Brief Supporting Public Accommodation Laws
PRESS RELEASE
McDermott and Civil Rights Lawyers File Supreme Court Brief Supporting Public Accommodation Laws
September 6, 2022
Read time: 4 min
International law firm McDermott Will & Emery is proud to announce their partnership with The Lawyers’ Committee for Civil Rights Under Law in filing an amicus brief in the U.S. Supreme Court in 303 Creative LLC v. Elenis, asking the Court to uphold a Colorado law that makes it illegal for private businesses to deny goods or services to anyone on the basis of their disability, race, creed, color, sex, sexual orientation, marital status, national origin, or ancestry.
A website design company is challenging the law as a violation of free speech, so it can have the right to deny services and to advertise that it refuses to provide services to same-sex couples who wish to purchase the company’s wedding websites. The brief argues that the government’s interest in preventing and eradicating discrimination against historically marginalized groups outweighs a business owner’s right to discriminate in the provision of goods or services. The brief explains the historical roots of public accommodation laws, and the role they continue to play in preventing businesses from depriving individuals of dignity and equality on the basis of their identity. It argues that a ruling allowing the website designer to lawfully withhold services from LGBTQ+ persons on the grounds of free speech would open the door for other businesses to deny services on the basis of other protected characteristics, such as race and national origin.
Ethan Townsend and Sarah Hogarth, both litigation partners at McDermott and members of the Supreme Court and Appellate group served as co-leads on this project, with support from associate Crystal Fomba.
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 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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$48.5M Jury Award in Business Interruption Case: The Morning Minute
COVERAGE
$48.5M Jury Award in Business Interruption Case: The Morning Minute
September 6, 2022
Read time: 2 min
Ira Coleman is featured in Law.com’s The Morning Minute.
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Judge Axes 1 Tyvaso Patent, Finds Another Was Infringed
COVERAGE
Judge Axes 1 Tyvaso Patent, Finds Another Was Infringed
September 1, 2022
Read time: 2 min
Douglas Carsten, Jiaxiao Zhang, Katherine Pappas, Timothy Dunker and Art Dykhuis are featured in Law360.
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Big Law Increasingly Turns to Alumni Networks for Business and Talent Opportunities
COVERAGE
Big Law Increasingly Turns to Alumni Networks for Business and Talent Opportunities
September 1, 2022
Read time: 2 min
Ira Coleman is quoted in The American Lawyer.
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McDermott Represents Main Capital Partners on Takeovers and Business Combination of PLATO und iqs Software
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Main Capital Partners on Takeovers and Business Combination of PLATO und iqs Software
September 1, 2022
Read time: 4 min
Frankfurt, September 1, 2022 – International law firm McDermott Will & Emery represented Main Capital Partners on the majority acquisitions of PLATO AG and iqs Software GmbH.
The combination of the two companies will create a leading software group for engineering and quality management processes with around 140 staff and over 750 customers worldwide.
Main Capital Partners acquired a strategic stake in PLATO AG in June 2022 and completed, in agreement with PLATO, the majority acquisition of iqs Software GmbH end August.
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.
PLATO AG headquartered in Lübeck, is an internationally active software company in the field of engineering, risk and quality management with four locations in Germany and a US office. Customers are companies from the automotive industry, medical technology, semiconductor industry, pharmaceutical industry and mechanical engineering.
iqs Software GmbH, founded in 1995, develops quality management software solutions. From its headquarters in Bühl, Germany, iqs serves and supports more than 400 clients across all industries.
McDermott advised Main Capital Partners on the acquisition and combination of the two companies with two teams led by partner Norman Wasse. The firm regularly advises the financial investor on transactions.
The McDermott team was led by partner Norman Wasse and included Dustin Schwerdtfeger, Gudrun Germakowski, counsel Marcus Fischer as well as associates Marion von Grönheim, Lisa Schickling, Isabelle Müller, Markus Hunkenschröder, Lukas Deutzmann and Lukas Wasylow-Neuhaus (all PLATO transaction). The team advising on the iqs transaction also comprised partners Oliver Hahnelt, Philipp Schäuble, Johannes Honzen, Christian L. Masch and associates Felicitas Faber, Johanna Greißel, Hannah Henseling, Dorothea Zimny.
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.
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Houst’s UK Restructuring Plan: The Shape Of Things To Come For Distressed SMES?
COVERAGE
Houst’s UK Restructuring Plan: The Shape Of Things To Come For Distressed SMES?
September 1, 2022
Read time: 2 min
London-based partner Mark Fine and senior associate Nicholas Jupp coauthored an article that was published in Global Restructuring Review in connection with Houst’s, a property manager, UK restructuring plan.
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MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
COVERAGE
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
August 31, 2022
Read time: 2 min
Stephen Kranz is quoted in The Wall Street Journal after a whistleblower complaint alleges Michael Saylor, the founder and chairman of software intelligence firm MicroStrategy Inc., of evading DC taxes.
