Content Type (RSS): In the News

  • McDermott Welcomes Back Employee Benefits Atty in DC

    McDermott Welcomes Back Employee Benefits Atty in DC

    COVERAGE

    McDermott Welcomes Back Employee Benefits Atty in DC

    November 15, 2024

    Read time: 2 min

    About Us

    Erin Turley

    Partner

    Dallas

    Andrew C. Liazos

    Partner

    Boston, New York – One Vanderbilt Avenue

    Myriem Bennani

    Associate

    Chicago

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  • McDermott Expands ESOP Capabilities With New Talent

    McDermott Expands ESOP Capabilities With New Talent

    PRESS RELEASE

    McDermott Expands ESOP Capabilities With New Talent

    November 15, 2024

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce Erin Turley has rejoined the Firm as a partner in the Employee Benefits & Executive Compensation Practice Group. Erin focuses her practice exclusively on employee stock ownership plans (ESOPs) and the Employee Retirement Income Security Act of 1974 (ERISA).

    Erin has been practicing in this area for more than 25 years and spent seven years as a partner at McDermott before joining a privately held ESOP-owned company as its chief executive officer. In this role, Erin gained critical in-house perspective on the legal and practical implications of ESOP ownership. Her background includes advising on the design, implementation, and administration of tax-qualified and nonqualified retirement plans; health and welfare benefit plans; and regulatory compliance with the Internal Revenue Code, ERISA, the Consolidated Omnibus Budget Reconciliation Act, the Health Insurance Portability and Accountability Act, and the Patient Protection and Affordable Care Act.

    Erin’s arrival follows the recent addition of associate Myriem Bennani based in Chicago. Myriem is an experienced benefits lawyer who focuses her practice on representing employers and plan sponsors in sophisticated matters related to qualified and nonqualified employee benefit plans with a particular focus on ESOPs.

    “Erin’s deep understanding of employee benefits law and her practical experience with ESOPs will be invaluable to our clients seeking to provide better compensation and ownership options to their employees,” said Andrew Liazos, global head of McDermott’s Employee Benefits & Executive Compensation Group. “Together with Myriem, these additions underscore our commitment to deepen our already strong ESOP offerings.”

    “I am excited to expand our ESOP capabilities with the depth of talent offered by Erin and Myriem and look forward to leveraging the additional capacity to continue to grow our practice,” added Allison Wilkerson, a partner in McDermott’s ESOP practice.

    Erin has successfully represented clients before the Internal Revenue Service and the US Department of Labor in audit and correction matters, concluding several large case audits for both publicly traded and privately held plan sponsors. She has also advised employers on benefits issues related to corporate mergers, acquisitions, and divestitures.

    “I look forward to leveraging my previous experience to help our clients navigate the complexities of employee benefits law and achieve their business goals,” said Erin. “I am thrilled my career has led me back to McDermott to work alongside such a talented team of professionals.”

    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.

    Erin Turley

    Partner

    Dallas

    Myriem Bennani

    Associate

    Chicago

    Andrew C. Liazos

    Partner

    Boston, New York – One Vanderbilt Avenue

    Allison Wilkerson

    Partner

    Dallas

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  • MWE’s Peter Lu Assesses Implications Of China Opening Its Health Industry To Investors

    MWE’s Peter Lu Assesses Implications Of China Opening Its Health Industry To Investors

    COVERAGE

    MWE’s Peter Lu Assesses Implications Of China Opening Its Health Industry To Investors

    November 15, 2024

    Read time: 2 min

    Peter Lu, partner and head of China practice at McDermott Will & Emery, authored an article that was published in Investor in Healthcare that assesses the implications of China opening its health industry to investors.

    About Us

    Peter Lu

    Partner

    London – 22 Bishopsgate

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  • McDermott Advises Union Investment Real Estate on the Sale of FÜNF HÖFE in Munich

    McDermott Advises Union Investment Real Estate on the Sale of FÜNF HÖFE in Munich

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Union Investment Real Estate on the Sale of FÜNF HÖFE in Munich

    November 15, 2024

    Read time: 3 min

    Düsseldorf, November 15, 2024 – McDermott Will & Emery has advised Union Investment Real Estate GmbH on the sale of the property “FÜNF HÖFE” in Munich. The off-market transaction is one of the largest single asset transactions in Germany this year.

    The FÜNF HÖFE urban center comprises around 26,700 square meters of office and practice space, around 14,000 square meters of retail space and 2,500 square meters of catering space. FÜNF HÖFE also includes the Kunsthalle München art gallery and several residential units.

    Union Investment acquired the property in 2003 for the open-ended mutual real estate fund UniImmo: Europa and will continue to manage FÜNF HÖFE as asset manager after the closing.

    With approximately €57 billion in assets under management, Union Investment is one of the largest providers of real estate solutions for private and institutional investors in Europe. The company invests in the office, retail, hospitality, logistics and residential sectors and has a portfolio of around 500 properties in 25 countries around the world.

    McDermott team was led by partners Jens Ortmanns, Thomas Beisken and Frank Müller, and included partners Christoph Coenen, Carina Kant and Steffen Woitz as well as associates Alina Affeld, Michelle Leverkus and Marion Dalvai-König.

    About Us

    Dr. Jens Ortmanns

    Partner

    Düsseldorf, Cologne

    Thomas A. Beisken, LL.M.

    Partner

    Düsseldorf

    Frank Müller

    Partner

    Frankfurt

    Christoph Coenen

    Partner

    Frankfurt

    Carina Kant, LL.M. (Lausanne)

    Partner

    Düsseldorf, Cologne

    Alina Affeld

    Associate

    Düsseldorf

    Marion Dalvai-König

    Associate

    Munich

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  • What a Second Trump Term Could Mean for Regulation of AI

    What a Second Trump Term Could Mean for Regulation of AI

    COVERAGE

    What a Second Trump Term Could Mean for Regulation of AI

    November 14, 2024

    Read time: 2 min

    About Us

    Shawn C. Helms

    Partner

    Dallas

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  • Health Care Antitrust Weekly

    Health Care Antitrust Weekly

    COVERAGE

    Health Care Antitrust Weekly

    November 13, 2024

    Read time: 2 min

    About Us

    Daniel Powers

    Partner

    Washington, DC

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  • SEC Fines Director for Failing to Disclose Close Friendship with Senior Executive

    SEC Fines Director for Failing to Disclose Close Friendship with Senior Executive

    COVERAGE

    SEC Fines Director for Failing to Disclose Close Friendship with Senior Executive

    November 13, 2024

    Read time: 2 min

    About Us

    Thomas P. Conaghan

    Partner

    Washington, DC, New York – One Vanderbilt Avenue

    Paul M.G. Helms

    Partner

    Chicago, Washington, DC

    Eric Orsic

    Partner

    Chicago

    Daniel L. Woodard

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Represents Tristan Capital Partners on the Acquisition of a Residential Real Estate Portfolio with 450 Units

    McDermott Represents Tristan Capital Partners on the Acquisition of a Residential Real Estate Portfolio with 450 Units

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Tristan Capital Partners on the Acquisition of a Residential Real Estate Portfolio with 450 Units

    November 13, 2024

    Read time: 3 min

    Düsseldorf, November 13, 2024 – McDermott has advised Tristan Capital Partners on the acquisition of a residential real estate portfolio with around 450 residential units.

    The portfolio consists of 26 properties with a total area of approx. 36,500 sqm. The majority of the portfolio is located in Frankfurt/Main but also includes properties in Offenbach, Wiesbaden and Bad Soden, all Germany.

    Tristan Capital Partners is acquiring the properties for the EPISO 6 fund managed by Tristan Capital Partners together with Lübke Kelber.

    McDermott had previously advised Tristan Capital Partners on selling a large portfolio in Germany

    The team advising Tristan Capital Partners was led by partners Dr Jens Ortmanns, Thomas Beisken, Mark Fine and Usman Khan and included partners Dr Pierre-André Brandt, Ellie West, Renate Prinz, Dr Oliver Lieth, Andrew Savage, Dr Thomas Hauss, Dr Uwe Goetker, Marcus Fischer as well as associates Alina Affeld, Marieke Greif, Carolin Irla, Markus Hunkenschröder, Nils Ladewig, Yannik Becker, Julia Hohlfeld, Jessica Dawood, Emily Rees, Chris Smith, and Daisy Daynes.

    About Us

    Dr. Jens Ortmanns

    Partner

    Düsseldorf, Cologne

    Thomas A. Beisken, LL.M.

    Partner

    Düsseldorf

    Mark Fine

    Partner

    London – 22 Bishopsgate

    Dr. Thomas Hauss

    Partner

    Düsseldorf

    Dr. Uwe Goetker

    Partner

    Düsseldorf

    Marcus Fischer

    Counsel

    Frankfurt

    Alina Affeld

    Associate

    Düsseldorf

    Carolin Irla

    Associate

    Düsseldorf

    Markus Hunkenschröder

    Associate

    Düsseldorf

    Nils Ladewig

    Associate

    Düsseldorf

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  • New CMS Rule Mulls Data Repository for 340B Claims in 2026, But Implementation Challenges Loom

    New CMS Rule Mulls Data Repository for 340B Claims in 2026, But Implementation Challenges Loom

    COVERAGE

    New CMS Rule Mulls Data Repository for 340B Claims in 2026, But Implementation Challenges Loom

    November 13, 2024

    Read time: 2 min

    About Us

    Emily Jane Cook

    Partner

    Los Angeles, Washington, DC

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  • The American Lawyer Names Industry Award Winners

    The American Lawyer Names Industry Award Winners

    COVERAGE

    The American Lawyer Names Industry Award Winners

    November 13, 2024

    Read time: 2 min

    About Us

    Ira J. Coleman

    Chairman

    Miami

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