Content Type (RSS): In the News

  • French E-Health And Biotech Attract Growing Investor Interest

    COVERAGE

    French E-Health And Biotech Attract Growing Investor Interest

    July 27, 2022

    Read time: 2 min

    Paris-based partner Anthony Paronneau authored an article in Private Equity News that examines the growing investor interest in the French e-health and biotech sectors.

     

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  • KPC Health Workers Ink $5M Partial Deal In Stock Plan Row

    COVERAGE

    KPC Health Workers Ink $5M Partial Deal In Stock Plan Row

    July 26, 2022

    Read time: 2 min

    Theodore Becker, Christopher Braham, Julian André and Laurie Baddon are featured in Law360 for representing KPC.

    About Us

    Julian L. André

    Partner

    Los Angeles

    Laurie A. Baddon

    Partner

    Los Angeles, Orange County

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  • U.S. Manufacturers Sue SEC over Regulation of Proxy Advisory Firms

    COVERAGE

    U.S. Manufacturers Sue SEC over Regulation of Proxy Advisory Firms

    July 26, 2022

    Read time: 2 min

    Debbie Green and Paul Hughes are featured in Treasury & Risk Management for representing the National Association of Manufacturers and Natural Gas Services Group Inc.

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    Paul W. Hughes

    Partner

    Washington, DC

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  • The Sixth Circuit’s Whirlpool Opinion— What’s the Impact?

    The Sixth Circuit’s Whirlpool Opinion— What’s the Impact?

    COVERAGE

    The Sixth Circuit’s Whirlpool Opinion— What’s the Impact?

    July 26, 2022

    Read time: 2 min

    Lowell Yoder, David Noren, and Britt Haxton author this article in Tax Executive where they discuss Whirlpool Financial Corporation & Consolidated Subsidiaries v. Commissioner and the inaccuracies of the Sixth Circuit court’s opinion.

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    Lowell D. Yoder

    Partner

    Chicago

    David G. Noren

    Partner

    Washington, DC

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  • McDermott Represents Healthcare Trust of America in Closing of its $18 Billion Strategic Combination with Healthcare Realty Trust

    McDermott Represents Healthcare Trust of America in Closing of its $18 Billion Strategic Combination with Healthcare Realty Trust

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Healthcare Trust of America in Closing of its $18 Billion Strategic Combination with Healthcare Realty Trust

    July 25, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery represented Healthcare Trust of America, Inc. (NYSE: HTA) in the recent closing of its $18 billion strategic combination with Healthcare Realty Trust Incorporated (NYSE: HR), as well as in a series of related transactions.

    This strategic combination is the second largest completed US transaction in Q3. The combined company will trade on the NYSE under the ticker symbol HR and will be included in the S&P MidCap 400 Index.

    McDermott also represented HTA in connection with three related transactions that closed on July 20, 2022 and July 22, 2022:

    • A $1.125 billion term loan with JP Morgan, the proceeds of which were used to finance the merger consideration;
    • A $3 billion credit facility with Wells Fargo, the proceeds of which were used to pay off pre-merger outstanding debt and to provide capital for the combined company; and
    • A senior note exchange offer in which legacy HR notes were exchanged for notes of the combined company.

    The combination brings together the two largest owners of medical office buildings to create the preeminent, pure-play medical office building REIT in the US.

    The McDermott team was led by Peter Healy and Tracy Bacigalupo and included Andrew Liazos, Greg Weigand, Diana Douglas, Samantha Koplik, Nate Barnett, Leigh Ratino, Greg Berson and Tipanum Bisalbutr.

    Read Healthcare Trust of America and Healthcare Realty Trust’s combined 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 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Peter T. Healy

    Partner

    San Francisco

    Andrew C. Liazos

    Partner

    Boston, New York – One Vanderbilt Avenue

    Gregory Weigand

    Counsel

    Miami, New York – One Vanderbilt Avenue

    Diana Douglas

    Partner

    Silicon Valley

    Samantha R. Koplik

    Partner

    New York – One Vanderbilt Avenue

    Nathan E. Barnett

    Partner

    Wilmington

    Greg C. Berson

    Partner

    Washington, DC

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  • Central Issue Emerges as US Manufacturers Sue SEC Over Regulation of Proxy Advisory Firms

    COVERAGE

    Central Issue Emerges as US Manufacturers Sue SEC Over Regulation of Proxy Advisory Firms

    July 25, 2022

    Read time: 2 min

    Debbie Green and Paul Hughes are featured in Texas Lawyer for representing the National Association of Manufacturers and Natural Gas Services Group.

    About Us

    Paul W. Hughes

    Partner

    Washington, DC

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  • Former FDA Regulator Joins McDermott’s Healthcare Practice

    PRESS RELEASE

    Former FDA Regulator Joins McDermott’s Healthcare Practice

    July 25, 2022

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce that Heili Kim has joined as a partner in its Healthcare Practice Group in Washington, DC. Heili focuses her practice on US Food and Drug Administration (FDA) regulation with a particular emphasis on the food, dietary supplement, cosmetic and consumer products industries.

    “Over the last decade, McDermott has built a top-tier FDA practice capable of counseling clients across the healthcare and life sciences industry,” Jerry Sokol, McDermott’s Global Head of Healthcare said. “Heili’s significant experience in the areas of food and dietary supplements complements our existing strengths in drugs and medical devices, enabling us to offer a one-stop shop to virtually any client with FDA regulatory needs.”

    With more than two decades of experience navigating complex issues for FDA-regulated companies, Heili combines a deep knowledge of the FDA with business pragmatism to solve real-world challenges faced by her clients. Heili has also guided food, dietary supplement, cosmetic and medical device companies on matters involving product safety, regulatory compliance, evaluating new ingredients, advertising claims, product complaints, recalls and FDA enforcement actions.

    “Heili’s prior experience as FDA regulatory counsel provides unique and valuable insight into the workings of the Agency as well as its interactions with other state and federal agencies,” Vernessa Pollard, co-chair of McDermott’s global Life Sciences practice and head of its FDA practice noted.

    “McDermott’s FDA team has earned a well-deserved reputation in the industry for its deep regulatory knowledge, its ability to effectively navigate the Agency and its skill at securing positive outcomes for clients,” Heili added. “I’m thrilled to bring my experience to that distinguished group, and I look forward to helping a broader array of clients achieve their business objectives.”

    Prior to joining McDermott, Heili was a partner at Faegre Drinker Biddle & Reath LLP. She received her BS from the University of California at Riverside, her JD from the American University Washington College of Law and her MPH from the University of California, Los Angeles.

    Heili is the most recent addition to the Firm’s health practice, following the arrival of partner Denise Burke and senior counsel Lester Perling last month.

    McDermott is the nation’s leading health law firm and the only health practice to receive top national rankings from U.S. News – Best Lawyers “Best Law Firms,” Chambers USA, The Legal 500 US and Law360. The practice was also recognized by Chambers as “Healthcare Team of the Year” in 2010, 2013, 2017, 2019 and 2022. McDermott has also held the top spot in PitchBook’s League Tables as the most active firm for healthcare private equity since 2017.

    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 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Jerry J. Sokol

    Partner

    Miami

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  • SAS Filing Heralds Fresh Restructuring Wave

    COVERAGE

    SAS Filing Heralds Fresh Restructuring Wave

    July 25, 2022

    Read time: 2 min

    London finance partner Aymen Mahmoud was quoted in International Financing Review in relation to a looming wave of restructurings that look set to break in the second half of the year.

    About Us

    Aymen Mahmoud

    Partner

    London – 22 Bishopsgate

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  • Portage Biotech’s Acquisition of Tarus Therapeutics

    COVERAGE

    Portage Biotech’s Acquisition of Tarus Therapeutics

    July 23, 2022

    Read time: 2 min

    McDermott is featured in Global Legal Chronicle for representing Portage Biotech in its acquisition of Tarus Therapeutics.

    The McDermott deal team was led by Bob Cohen and Eric Klee and included Alex Laznovsky, Jeronimo Soares de Sousa, Myia Williams, Dan Zucker, Michael Siekman, Brian Malkin, Anisa Mohanty, Michelle Strowhiro and Daphne Trotter.

    About Us

    Robert H. Cohen

    Partner

    Miami

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  • 5th Circ. Ends Pharma Group’s Medicare Payback Suit

    COVERAGE

    5th Circ. Ends Pharma Group’s Medicare Payback Suit

    July 22, 2022

    Read time: 2 min

    Michael Kimberly and Sarah Hogarth are featured in Law360 for representing Express Scripts Inc.

    About Us

    Sarah P. Hogarth

    Partner

    Washington, DC

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