Newsroom Categories: Press release

  • McDermott Advised Innate Pharma S.A. on Entering into an Exclusive Licensing Agreement with Takeda

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advised Innate Pharma S.A. on Entering into an Exclusive Licensing Agreement with Takeda

    April 11, 23

    Read time: 2 min

    McDermott Will & Emery advised Innate Pharma S.A., a clinical-stage biotechnology company developing cancer immunotherapies, in entering into an exclusive licensing agreement with Takeda.

    Innate Pharma grants Takeda exclusive worldwide rights to research and development of Antibody Drug Conjugates (ADC), generated from a panel of antibodies against an undisclosed target developed by Innate, primarily in celiac disease.
    Takeda will be responsible for the development, manufacturing and commercialization of potential products developed using the licensed antibodies.

    The McDermott team that advised Innate Pharma S.A. was composed of :

    • Emmanuelle Trombe, partner, Katya Ascher, counsel (Life Sciences)
    • Côme de Saint Vincent, counsel (Tax)

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  • McDermott Represents ABC Supply Co. in its Acquisition of Five Specialty Distribution Businesses

    McDermott Represents ABC Supply Co. in its Acquisition of Five Specialty Distribution Businesses

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents ABC Supply Co. in its Acquisition of Five Specialty Distribution Businesses

    April 11, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented American Builders & Contractors Supply Co., Inc. (ABC Supply), the largest wholesale distributor of roofing and other select exterior and interior building products in North America, in its acquisition of five specialty distribution businesses from US LBM Holdings, LLC: Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofing Supply.

    The interior product businesses of Feldman Lumber, Richardson Gypsum, Rosen Materials and Wallboard Supply Company will operate under L&W Supply, one of the nation’s largest distributors of wallboard, suspended ceiling systems, steel studs, joint treatment, insulation, fasteners and related building products. Coastal Roofing Supply will operate under ABC Supply.

    The McDermott team was led by Stephanie McCann, Eric Gilbert and Ann Marie Brodarick and included Adam Byrne, Anna Sikorski, Greg Heltzer, Jason Krieser, Noah Feldman Greene, Graham Hyman, Alex Ruiz, Ty Carson, Amy Pimentel, Jacob Hollinger, Heidi Steele, Andrew Granek, Jed Gordon, George Houhanisin, Nicole Briody, Caitlin Harrington, Daniel Mayor and Robin Riley.

    Read ABC Supply’s 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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Stephanie S. McCann

    Partner

    Chicago

    Eric Gilbert

    Partner

    Miami

    Ann Marie Brodarick

    Partner

    Chicago

    Anna Sikorski

    Associate

    Chicago

    Gregory E. Heltzer

    Partner

    Washington, DC

    Jason D. Krieser

    Partner

    Dallas

    Noah Feldman Greene

    Partner

    Washington, DC

    Graham J. Hyman

    Law Clerk

    New York – One Vanderbilt Avenue

    Alejandro Ruiz

    Partner

    San Francisco

    Timothy (Ty) Carson

    Counsel

    Washington, DC

    Amy C. Pimentel

    Partner

    Boston

    Jacob Hollinger

    Partner

    New York – One Vanderbilt Avenue

    Heidi J. Steele

    Partner

    Chicago

    Andrew M. Granek

    Partner

    New York – One Vanderbilt Avenue

    Nicole Briody

    Partner

    Chicago

    Caitlin M. Harrington

    Associate

    Chicago

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  • McDermott Healthcare Partners Recognized with Law360 Distinguished Legal Writing Award

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Healthcare Partners Recognized with Law360 Distinguished Legal Writing Award

    April 6, 2023

    Read time: 3 min

    CHICAGO (April 6, 2023) – International law firm McDermott Will & Emery is pleased to announce that Lisa Mazur and Edward Zacharias have been honored with the Law360 Distinguished Legal Writing Award on behalf of their article, “It’s Time for Healthcare to Accelerate its Digital Vision.”

    The article, published in Medical Product Outsourcing, examines how technology and retail companies are exploring new digital health and care delivery models that can potentially increase access and equity, improve care quality and place patients and families at the healthcare ecosystem’s center.

    The Burton Award Program, which is run in association with the Library of Congress, presented by lead sponsor Law360, and co-sponsored by the American Bar Association, is dedicated to rewarding great achievements in law, with a special emphasis on writing.

    You can view the full list of honorees 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 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.

    Lisa Mazur

    Partner

    Chicago

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  • McDermott Adds Recognized Fiduciary Litigator in Los Angeles

    PRESS RELEASE

    McDermott Adds Recognized Fiduciary Litigator in Los Angeles

    April 4, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce that Robert (Robbie) Barton has joined its Private Client Practice Group as a partner based in Los Angeles. Robbie is an experienced litigator focused on controversies involving complex trusts and estates and fiduciary matters for ultra-high-net-worth individuals and families, charitable institutions, corporate trustees and private professional fiduciaries.

    “Robbie is exactly the kind of dynamic professional we have been looking for,” said Neil Kawashima, Global Head of McDermott’s Private Client Practice Group. “His deep understanding of fiduciary litigation matters and potent advocacy skills will complement our practice and bolster the services we offer to our clients. He checks all the boxes, and we’re excited about the value he will bring to clients on the West Coast and nationwide.”

    Robbie provides guidance on trust and estate controversies, conservatorship and guardianship matters, as well as claims involving elder abuse. He works with clients to find creative and effective solutions that protect and advance their interests and has represented clients in high-profile and complex trust and estate disputes in federal, state and tribal courts throughout the country.

    “McDermott is a long-recognized leader in the private client marketplace,” Robbie said. “I am excited about the opportunity to grow my practice and provide clients with a full-service private client team.”

    Robbie received his BA from the University of Wisconsin-Madison and his JD from the University of Minnesota Law School. Robbie joins from Holland & Knight.

    McDermott’s Private Client practice represents ultra-high-net-worth individuals and families, and their family offices, with an extraordinary focus on the client’s specific, unique objectives. The team of more than 110 lawyers is continually recognized as the top private client practice in the US and among the top practices worldwide. In 2022, McDermott’s private client practice was awarded the only national Band 1 ranking for Private Wealth Law in the US by Chambers High Net Worth, a guide dedicated to the global private wealth market.

    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.

    Robbie Barton

    Partner

    Los Angeles

    Neil T. Kawashima

    Partner

    Chicago

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  • McDermott advised Effy in its Fundraising Alongside Felix Capital

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott advised Effy in its Fundraising Alongside Felix Capital

    April 4, 23

    Read time: 2 min

    McDermott Will & Emery has advised Effy, the leading French energy renovation company, in its first round of financing with London-based venture capital firm, Felix Capital.
    Effy is now looking to capture new market shares in France before expanding into Europe, particularly Germany and Italy.

    The McDermott team that advised Effy was composed of :

    • Fabrice Piollet, partner, Maxime Fradet, counsel, and Alexandre Bomet, associate, on the corporate aspects

    About Us

    Fabrice Piollet

    Partner

    Paris

    Maxime Fradet

    Partner

    Paris

    Alexandre Bomet

    Associate

    Paris

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  • McDermott Represents Amulet Capital Partners and US Fertility in Acquisition of Ovation Fertility

    McDermott Represents Amulet Capital Partners and US Fertility in Acquisition of Ovation Fertility

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Amulet Capital Partners and US Fertility in Acquisition of Ovation Fertility

    April 3, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery represented Amulet Capital Partners and its platform company, US Fertility, a nationwide fertility focused physician practice management platform providing non-clinical and administrative services to physician-owned fertility practices, in its acquisition of Ovation Fertility, a leading national network of reproductive endocrinologists and scientific thought leaders. Collectively, the combined company’s enhanced platform will be well positioned to drive growth and innovation, while leveraging best practices to improve patient access, experience, and outcomes.

    The transaction was announced on April 3, 2023 and is expected to close in the second quarter of 2023, subject to customary closing conditions and regulatory approvals.

    The McDermott deal team was led by Krist Werling, Joel Rush and Eric Preston and included William Hadler, Brian Hall, Greg Fosheim, Caroline Reignley, Mark Bilut, Kevin Hall,  Jeffrey Holdvogt, Brian Mead, Scott Weinstein, Ashley Fischer, Margaret Cremin, Kristina DiPano, Adetoro Olugbemi, Delaney Prunty, Terry Brennan, Nick Greiner, Angela Theodoropoulos, Melissa Najjar, Jacob Weissman, Ellie Atkins, Kristi Mankowske, Graham Hyman, Andrew Granek, Danielle Scheer, Nick Paul and Deepak Tamasker.

    The McDermott debt finance team was led by Josh Samis and included Michael Rostov, Matthew Celentano, David Stage and Will Orner.

    Read US Fertility’s press release.

    McDermott’s private equity practice is among the top four most active PE law firms globally and in the US with more than 160 dedicated private equity lawyers in 21 locations globally. In addition to being Pitchbook’s top Healthcare PE firm for a fifth consecutive year and fifth in both IT and financial services private equity, we are named Energy & Industrials Law Firm of the Year (Large Cap) by The Deal, Top 10 in PE Buyouts by MergerMarket and Top 10 in US Mid-Market by Bloomberg. Learn more about our PE practice by visiting pe.mwe.com.

    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.

    Kristian A. Werling

    Partner

    Chicago

    Joel C. Rush

    Partner

    Washington, DC

    Eric M. Preston

    Partner

    Chicago

    William Hadler

    Partner

    Chicago

    M. Brian Hall ,IV

    Partner

    Washington, DC

    Caroline Reignley

    Partner

    Washington, DC

    Mark A. Bilut

    Partner

    Chicago

    Kevin Hall

    Partner

    Miami

    Jeffrey M. Holdvogt

    Partner

    Chicago

    Brian Mead

    Partner

    Chicago

    Ashley M. Fischer

    Partner

    Chicago

    Delaney Prunty

    Associate

    Chicago

    Terry Brennan

    Partner

    Chicago

    Nick Greiner

    Partner

    Chicago

    Eleanor B. Atkins

    Partner

    Washington, DC

    Graham J. Hyman

    Law Clerk

    New York – One Vanderbilt Avenue

    Andrew M. Granek

    Partner

    New York – One Vanderbilt Avenue

    Deepak R. Tamasker

    Staff Attorney

    Chicago

    Joshua Samis

    Partner

    Chicago

    Michael Rostov

    Partner

    Los Angeles

    Matthew J. Celentano

    Partner

    New York – One Vanderbilt Avenue

    Will Orner

    Associate

    Chicago

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  • McDermott Releases Pivotal Study and Tools for a Much-Needed Cybersecurity Volunteer Force

    McDermott Releases Pivotal Study and Tools for a Much-Needed Cybersecurity Volunteer Force

    PRESS RELEASE

    McDermott Releases Pivotal Study and Tools for a Much-Needed Cybersecurity Volunteer Force

    March 30, 2023

    Read time: 5 min

    International law firm McDermott Will & Emery is pleased to announce the release of a major new study that provides a roadmap for structuring and navigating a cyber volunteer force to strengthen critical security assistance nationwide.  Creating a Cyber Volunteer Force: Strategy and Options (the Cyber Volunteer Study), completed as a pro bono project by McDermott for the public benefit, has the potential to help reshape the cyber volunteer landscape to get more resources to the frontlines of cyber defense.

    While there is currently no national policy or task force on cyber volunteering, there is a recognized need for such an initiative given the ongoing threats to national security. Many small and rural critical infrastructure entities—the most vulnerable and exposed—lack cyber resilience and are unable to run mature information security programs or mount an effective incident response. Indeed, the Biden administration’s updated National Cybersecurity Strategy states: “We must rebalance the responsibility to defend cyberspace by shifting the burden for cybersecurity away from individuals, small businesses, and local governments, and onto the organizations that are most capable and best-positioned to reduce risks for all of us. . . Our rapidly evolving world demands a more intentional, more coordinated, and more well-resourced approach to cyber defense.”

    The Cyber Volunteer Study notes there are over 750,000 open positions in the cyber security field, or a 40% deficit of such open positions. According to a Senate report, the “consistent shortage of cybersecurity personnel represents a high risk to national security.”

    The Cyber Volunteer Study explains the current state of our nation’s disconnected and siloed cyber volunteer efforts, compares various cyber volunteer models and identifies best practices and the relevant legal issues that should be considered and addressed. The study offers strategies for creating a more robust cyber volunteer initiative that backstops major national players who have the necessary resources.

    “The need for a cyber volunteer force is a national imperative without a national solution,” said Mark Schreiber, lead author of the Cyber Volunteer Study and Counsel at McDermott who focuses his practice on cybersecurity and privacy. “This requires a strategy, resources and national attention to coordinate robust volunteer efforts nationwide, and this study helps provide that roadmap.”

    The US Department of Homeland Security’s Cybersecurity & Infrastructure Security Agency (CISA) has developed an extraordinary number of detailed programs and initiatives. Yet, many small and rural entities do not have the personnel to implement those programs. The Cyber Volunteer Study assesses current and potential models to integrate volunteers to address this critical need for skilled cyber assistance. Cyber volunteers come from various diverse sources, including security and forensic companies, post-military services, universities and some newly skilled individuals wanting to help.

    About McDermott’s Global Privacy & Cybersecurity Practice

    McDermott’s world-class Global Privacy and Cybersecurity team includes more than 50 privacy and cybersecurity lawyers advising clients on the statutory, regulatory and enforcement regimes that govern the collection, use and disclosure of data in the United States, Europe, Asia and elsewhere.

    We have extensive experience advising on the full range of data privacy and protection laws, industry standards and issues. Our lawyers regularly counsel clients on US and international data-use issues, data transfers and privacy compliance under US and foreign laws. We conduct in-depth privacy/cybersecurity risk assessments, often in the context of mergers, acquisitions and other domestic and cross-border transactions.

    In the event of data breaches or alleged improper use of data, we provide swift, effective cybersecurity incident response and represent clients in litigation and government investigations.

    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.

    Mark E. Schreiber

    Counsel

    Boston

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  • SRZ Women Partner Panel Shares Insights With SRZ Women Lawyers

    SRZ Women Partner Panel Shares Insights With SRZ Women Lawyers

    PRESS RELEASE

    SRZ Women Partner Panel Shares Insights With SRZ Women Lawyers

    March 30, 2023

    Read time: 3 min

    As part of Schulte Roth & Zabel’s ongoing efforts to address the unique experiences of women in the legal profession, the firm gathered an inspiring group of SRZ women partners from the firm’s DEI Committee   ̶  Taleah Jennings, Kelly Koscuiszka, Kara Kuchar, Annie Mehlman and Heather Wyckoff  ̶  and asked them to share their personal journeys and career insights with SRZ women lawyers.

    The partners’ invaluable advice included:

    • “Understand the business of your law firm and how what you do fits into that model.” – Taleah
    • “Embrace mistakes and talk to people about your failures.” – Kelly

    • “Doing your actual work day-to-day is networking.” – Kara

    • “Male counterparts are saying that they want to be partner and asking if that is possible. You should too.” – Annie

    • “Maintaining your network on a personal level is just as important to your success as your professional network.” – Heather

    The panel was moderated by associate Jessica Berman and law clerk Sarah Winkelstein.

    About Us

    Taleah E. Baez

    Senior Partner

    New York – 919 Third Avenue

    Kelly Koscuiszka

    Partner

    New York – 919 Third Avenue

    Annie L. Mehlman

    Partner

    New York – 919 Third Avenue

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  • SRZ Represents Portfolio Advisors, LLC in Raising More Than $1 Billion for Private Equity Fund XI

    SRZ Represents Portfolio Advisors, LLC in Raising More Than $1 Billion for Private Equity Fund XI

    PRESS RELEASE

    SRZ Represents Portfolio Advisors, LLC in Raising More Than $1 Billion for Private Equity Fund XI

    March 28, 2023

    Read time: 3 min

    Schulte Roth & Zabel represented Portfolio Advisors, LLC as they raised more than $1 billion for their 11th global private equity fund. Private markets specialist Portfolio Advisors held a final close on Portfolio Advisors Private Equity Fund XI (PAPEF XI), raising just over $1 billion in limited partner commitments. The Fund was oversubscribed and surpassed its original target of $750 million. 

    PAPEF XI allows limited partners to customize their allocations across four primary sectors, which include U.S. mid-market buyout, global buyout, venture capital and special situations, as well as two opportunistic sectors, including secondaries and co-investments. The Fund also offers a model portfolio reflecting PA’s recommendations based on current market conditions. 

    Portfolio Advisors, LLC is a middle-market private asset management specialist that builds value for its clients and partners through a variety of investment programs in private equity, private credit and private real estate. 

    The SRZ team included David Nissenbaum, Shawn McCune, David Cohen, David Griffel, Nathan Fleming and Michael Jaroslawicz.

    About Us

    David Nissenbaum

    Partner

    New York – 919 Third Avenue

    Shawn R. McCune

    Partner

    New York – 919 Third Avenue

    David M. Cohen

    Partner

    New York – 919 Third Avenue

    David S. Griffel

    Partner

    New York – 919 Third Avenue

    Michael S. Jaroslawicz

    Partner

    New York – 919 Third Avenue

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  • Alexander Clavero Recognized at the Daily Business Review’s Florida Legal Awards

    Alexander Clavero Recognized at the Daily Business Review’s Florida Legal Awards

    AWARDS & RANKINGS / PRESS RELEASE

    Alexander Clavero Recognized at the Daily Business Review’s Florida Legal Awards

    March 24, 2023

    Read time: 3 min

    MIAMI – MARCH 20, 2023 – International law firm McDermott Will & Emery is honored to announce that Miami-based partner Alexander Clavero has been recognized by the Daily Business Review‘s Florida Legal Awards 2023 in the On the Rise category.

    Alexander focuses his practice on transactional work, with an emphasis on mergers, acquisitions and divestitures involving private equity sponsors and private companies. As partner in charge of McDermott’s Miami Corporate Advisory practice, Alex has handled many complex transactions, including leveraged buyouts, private equity acquisitions and divestitures, corporate carve-outs, debt and equity investments and joint ventures.

    The Daily Business Review’s annual legal awards recognize distinguished members of the Florida legal community in assorted areas of the law.

    You can view the 2023 honorees 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 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.

    Alexander C. Clavero

    Partner

    Miami, New York – One Vanderbilt Avenue

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