Content Type (RSS): In the News

  • Reining In Overbroad M&A Noncompetes Amid FTC Scrutiny

    Reining In Overbroad M&A Noncompetes Amid FTC Scrutiny

    COVERAGE

    Reining In Overbroad M&A Noncompetes Amid FTC Scrutiny

    June 30, 2022

    Read time: 2 min

    Gregory Heltzer and Alex Grayson author this article in Law360 discussing the Federal Trade Commission recently making significant limitations to a noncompete in an acquisition agreement for 60 gas stations.

    About Us

    Gregory E. Heltzer

    Partner

    Washington, DC

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  • The Redoing of Insurtech

    The Redoing of Insurtech

    COVERAGE

    The Redoing of Insurtech

    June 30, 2022

    Read time: 2 min

    Alexandra Scheibe, Michael Bryne and Michael Halsband are quoted in The Coverager.

    About Us

    H. Michael Byrne

    Partner

    New York – One Vanderbilt Avenue

    Michael R. Halsband

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Opens in Austin

    McDermott Opens in Austin

    COVERAGE

    McDermott Opens in Austin

    June 30, 2022

    Read time: 2 min

    Kevin Meek, Paula Heyman, Brian Oaks, Amanda Jester and William Gaede are featured in Texas Lawyer with the launch of our newest office in Austin, TX.

    About Us

    Brian W. Oaks

    Partner

    Austin

    Amanda Jester

    Partner

    Austin

    William Gaede

    Partner

    Silicon Valley, San Francisco

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  • Ex-Baker Botts IP Team Joins McDermott’s New Austin Office

    Ex-Baker Botts IP Team Joins McDermott’s New Austin Office

    COVERAGE

    Ex-Baker Botts IP Team Joins McDermott’s New Austin Office

    June 30, 2022

    Read time: 2 min

    Kevin Meek, Paula Heyman, Brian Oaks, Amanda Jester, Ira Coleman, Mike Poulos and William Gaede are featured in Law360 with the launch of our newest office in Austin, TX.

    About Us

    Brian W. Oaks

    Partner

    Austin

    Amanda Jester

    Partner

    Austin

    Ira J. Coleman

    Chairman

    Miami

    William Gaede

    Partner

    Silicon Valley, San Francisco

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  • McDermott Joins Big Law Austin Rush, Raiding Baker Botts IP Team

    COVERAGE

    McDermott Joins Big Law Austin Rush, Raiding Baker Botts IP Team

    June 30, 2022

    Read time: 2 min

    Kevin Meek, Paula Heyman, Brian Oaks, Amanda Jester, Mike Poulos and Ira Coleman are featured in Bloomberg Law with the launch of our newest office in Austin, TX.

    About Us

    Brian W. Oaks

    Partner

    Austin

    Ira J. Coleman

    Chairman

    Miami

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  • ‘Patience Paid Off’ as McDermott Prepared for Austin Office Launch

    COVERAGE

    ‘Patience Paid Off’ as McDermott Prepared for Austin Office Launch

    June 30, 2022

    Read time: 2 min

    Kevin Meek, Paula Heyman, Brian Oaks, Amanda Jester, Mike Poulos and William Gaede are featured in Texas Lawyer with the launch of our newest office in Austin, TX.

    About Us

    Brian W. Oaks

    Partner

    Austin

    Amanda Jester

    Partner

    Austin

    William Gaede

    Partner

    Silicon Valley, San Francisco

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  • McDermott Launches Austin Office with Prominent Intellectual Property Group

    McDermott Launches Austin Office with Prominent Intellectual Property Group

    PRESS RELEASE

    McDermott Launches Austin Office with Prominent Intellectual Property Group

    June 30, 2022

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce the opening of a new office in Austin, Texas, with a team of eight intellectual property (IP) partners: Kevin Meek, Syed Fareed, Stephen Hash, Paula Heyman, Brian Oaks, Margaret Sampson, Nick Schuneman and Brett Thompsen.

    “Austin is a vibrant and exciting market for both clients and top talent and we are delighted to be part of its strong growth trajectory—it’s a natural fit for us.” said Ira Coleman, McDermott’s Chairman. “In addition to this fantastic group of intellectual property expertise, there is also wonderful alignment with our power alley practices—particularly technology, healthcare and litigation—that we very much look forward to building on.”

    “We’re focused on growth across McDermott’s IP, transactions and litigation practices, with parallel concentration across the technology, health and life sciences industries,” Michael S. Poulos, McDermott’s head of strategy, added. “We’re excited that this tailor-made IP group is launching McDermott in Austin and have no doubt that we will have more expansion developments to announce in the very near term.”

    This group follows a series of strategic IP partner hires throughout 2021 including Simon Roberts, Jason Leonard, Maxwell “Mac” Fox, Douglas H. Carsten and Adam W. Burrowbridge.

    “Opening an office in the Western District of Texas allows us to take full advantage of the growing influx of patent case filings in Texas since the largest percentage of all district court patent litigation cases are now filed in Texas,” William Gaede, head of McDermott’s Global Intellectual Property Practice Group, noted. “This team of elite practitioners boosts our practice’s strength in both IP litigation and IP transactions and is a bold move advancing our remarkable IP practice into an industry powerhouse. We are excited to see what the coming months bring as we welcome the team to our global IP platform.”

    Kevin Meek will be appointed as the office managing partner of the new office. Health partner Amanda K. Jester will also relocate from our Dallas to Austin office at opening.

    “This is an incredible opportunity for this team to lay the foundation of a new office in a booming IP market and the Firm has given us the platform and support to make this both a near term and long-term success,” Kevin said. “Our group was initially attracted to McDermott’s global reach and the sophisticated legal talent of our new colleagues, and once we began conversations with the Firm, there were simply too many current and prospective client- and cross-practice synergies to count. We knew right away that joining McDermott just made sense.”

    The Austin launch brings McDermott’s total global office locations to 22. Read more about the Austin office.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With more than 20 locations on three continents, our team works seamlessly across practices, industries and geographies 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.

    Ira J. Coleman

    Chairman

    Miami

    William Gaede

    Partner

    Silicon Valley, San Francisco

    Amanda Jester

    Partner

    Austin

    Syed K. Fareed

    Partner

    Austin

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  • McDermott Represents BQ Energy in Sale to CleanCapital

    McDermott Represents BQ Energy in Sale to CleanCapital

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents BQ Energy in Sale to CleanCapital

    June 30, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery represented BQ Energy, LLC (BQE), a national leader in landfill and brownfield renewable energy development, in its sale to CleanCapital, an industry-leading clean energy investment platform. This purchase will further help fund the development of projects in BQE’s substantial long-term pipeline, deploying capital to projects that not only advance the energy transition but also put underutilized and polluted land to new use with myriad climate and community-related benefits.

    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, 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.

    Debra A. Harrison

    Partner

    Washington, DC

    Nathan E. Barnett

    Partner

    Wilmington

    Elle Hayes

    Partner

    Miami

    Joel A. Hugenberger

    Partner

    New York – One Vanderbilt Avenue

    Gregory Weigand

    Counsel

    Miami, New York – One Vanderbilt Avenue

    Brian J. Tiemann

    Partner

    Chicago

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  • McDermott Represents Prime Therapeutics in its $1.35 Billion Acquisition of Magellan RX

    McDermott Represents Prime Therapeutics in its $1.35 Billion Acquisition of Magellan RX

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Prime Therapeutics in its $1.35 Billion Acquisition of Magellan RX

    June 30, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery represented Prime Therapeutics LLC, a pharmacy benefits manager, in its $1.35 billion definitive agreement with Centene Corporations to acquire Magellan RX Management, a division of Magellan Health, Inc., a next-generation pharmacy organization that is delivering meaningful solutions to the people they serve.

    • The transaction was announced on May 5, 2022, and subject to regulatory approvals, is expected to close in late 2022.
    • Combining Prime’s fully transparent and channel-independent model with Magellan Rx’s industry-leading portfolio of medical pharmacy solutions is expected to create a new specialty drug management model — one that uniquely aligns and integrates with providers and harnesses the patient and provider relationship to meet patients where they are in their care journey.
    • The McDermott corporate team was led by Mark Mihanovic and Diego Gomez-Cornejo. The relationship partner for Prime Therapeutics is Jeremy Earl. The regulatory team was led by Mimi Alexandre and Steve Wu and Dan Powers provided antitrust support.
    • Read Prime’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, 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.

    Mark J. Mihanovic

    Partner

    Silicon Valley, Los Angeles

    Jeremy Earl

    Partner

    Washington, DC

    Mimi Alexandre

    Partner

    Washington, DC

    Stephen Wu

    Partner

    Chicago

    Daniel Powers

    Partner

    Washington, DC

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  • McDermott Represents Merck in the Launch of Merck Digital Sciences Studio

    McDermott Represents Merck in the Launch of Merck Digital Sciences Studio

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Merck in the Launch of Merck Digital Sciences Studio

    June 29, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery represented Merck (NYSE: MRK), a premier research-intensive biopharmaceutical company, in its launch of the Merck Digital Sciences Studio (MDSS), to enable the generation of innovative technologies for drug discovery and development. MDSS will support early-stage biomedical startups with direct investment, access to powerful Azure Cloud computing and opportunities to pilot their technologies in collaboration with discovery and clinical scientists at Merck.

    • Following the product launch announcement June 29, 2022, Merck is accepting applications for 12 spots for the first MDSS cohort.
    • Todd Finger served as counsel to Merck.
    • Read Merck’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, 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.

    Todd Finger

    Partner

    New York – One Vanderbilt Avenue

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