AWARDS & RANKINGS / PRESS RELEASE
McDermott Named Tech-Enabled Corp Department of the Year by Legalweek
March 24, 2023
Read time: 3 min
CHICAGO – MARCH 24, 2023 – International law firm McDermott Will & Emery has been named Tech-Enabled Corp Department of the Year for its proprietary AI search system Form Finder by Legalweek’s Leaders in Tech Law Awards 2023.
Developed in-house by the Knowledge Management Department working with Information Technology and eDiscovery, Form Finder can analyze a draft purchase agreement or credit agreement sent from opposing counsel, instantly compare it to every purchase agreement or credit agreement that has been done and based on a similarity score, determine whether lawyers have ever prepared comments or fully negotiated this same form of purchase agreement or credit agreement before.
“The tool combines expertise with AI to allow our transactional lawyers to locate precedent in a way that no iManage search or “pardon the interruption” email could achieve,” said Chief Knowledge Officer Hunter Jackson. “Launched in the Fall of 2021, Form Finder now contains a data set of 2 million Purchase Agreements and Credit Agreements with our team having handled nearly 200 requests from partners and associates.”
One McDermott partner noted, “I have used Form Finder to benefit clients in (i) being able to lower the cost of a first-round mark-up (including in bidding situations), (ii) being more efficient throughout the deal by going back to language that “worked” in a prior deal, and (iii) providing intelligence on where certain terms may ultimately end up opposite the same counter-party.”
Legalweek’s Leaders in Tech Law Awards recognizes the achievements of law firms, legal departments and vendors leading the legal profession into the future through technology and innovation. View the full list of honorees.
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.
Media Contact
McDermott Hosts Healthcare Innovators, Executives at Its Annual Physician Practice Management and ASC Symposium
PRESS RELEASE
McDermott Hosts Healthcare Innovators, Executives at Its Annual Physician Practice Management and ASC Symposium
March 24, 2023
Read time: 4 min
Leading health law firm McDermott Will & Emery is hosting its annual Physician Practice Management (PPM) and ASC Symposium on April 11-12, 2023, at the Grand Hyatt in Nashville. The event’s program will address the critical business, transactional and regulatory issues impacting growth, profitability and competition for PPMs and ambulatory surgery centers (ASCs).
“At McDermott, we pride ourselves on being an industry convener, bringing healthcare leaders and business professionals together to build relationships,” said McDermott’s Global Head of Healthcare Jerry Sokol. “PPM-ASC is one of our largest and longest-running programs and we can’t wait to host everyone in Nashville.”
“This is a must-attend event for industry executives to have candid conversations centered on succeeding in today’s dealmaking environment,” said Dana Dombey, healthcare partner and program co-chair. “We are excited to bring together physician founders, strategy and development executives, investors and bankers alongside our best-in-class healthcare transactional, regulatory and litigation lawyers.”
Day one of the conference will feature curated programming with tracks for in-house counsel (includes continuing legal education (CLE) credit), business development professionals and physicians contemplating selling an independent practice.
Day two hosts a variety of sessions led by senior PPM and ASC executives and chief development officers, private equity professionals and top bankers that explore market trends and key issues, including:
- An analysis on how to successfully operate a PPM in today’s world, including capitalizing on opportunities and overcoming obstacles.
- A closer look at current ASC industry trends and how to navigate the growing competition within the space.
- Discussions on acquisition and growth strategies, the challenges industry participants are facing and which tools to deploy to get deals done in today’s evolving marketplace.
- An exploration into how a Republican-led US Congress will affect relevant payment and policies for physician and ASC services.
- Specialty spotlight sessions on cardiology, orthopedics/physical therapy, women’s health and fertility, urology, gastroenterology and behavioral health.
Visit the conference webpage for more information.
Media are invited to attend under Chatham House Rule. To register as media, please contact kchace@mwe.com
McDermott is the nation’s leading healthcare law firm and the only healthcare 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 repeatedly held the top spot in PitchBook’s League Tables as the most active firm for healthcare private equity.
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.
Media Contact
McDermott Hosts Inaugural Value-Based Care Symposium in Nashville
PRESS RELEASE
McDermott Hosts Inaugural Value-Based Care Symposium in Nashville
March 23, 2023
Read time: 4 min
Leading international law firm McDermott Will & Emery will host its inaugural Value-Based Care Symposium on April 13, 2023, at the W Hotel in Nashville. Held in the epicenter of US healthcare, the event provides a unique opportunity to connect with executives, operators and advisors leading the way in value-based care and gain insight into the most critical business and policy issues facing companies in this space.
“McDermott hosts some of the nation’s leading healthcare industry events, and there has been a growing demand for a symposium focused specifically on value-based care,” said Kate McDonald, partner and Co-Head of the Firm’s Managed Care Practice. “This inaugural event will offer invaluable networking opportunities with senior leaders from the healthcare providers, value-based conveners, health plans, digital health companies and others bringing value-based care to life.”
Sessions will cover a broad range of topics, including:
- Substantive discussions with more than 40 senior executive speakers focused on what’s next from the c-suite and Washington, facing down 2023’s fluctuating economic outlook and more.
- Forecasts and analyses on what it takes to execute value-based models, from government payment models and risk adjustment strategies to the enforcement landscape.
- Deep dives into digital health, health system innovation and clinical specialties in value-based care models.
“Value-based care is changing the business of healthcare, and we are looking forward to hosting industry leaders at the cutting edge of value-based care transformation,” said Jeremy Earl, partner and Co-Head of the Firm’s Managed Care Practice.
Visit the conference web page for more information.
Media are invited to attend the event under Chatham House Rule. To register as media, contact kchace@mwe.com
McDermott is the nation’s leading healthcare law firm and the only healthcare 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 repeatedly held the top spot in PitchBook’s League Tables as the most active firm for healthcare private equity.
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.
Media Contact
McDermott Adds Two Tech-Focused Dealmakers in California
PRESS RELEASE
McDermott Adds Two Tech-Focused Dealmakers in California
March 22, 2023
Read time: 4 min
International law firm McDermott Will & Emery is pleased to announce the addition of two California-based partners to its Transactions Practice Group: Shaalu Mehra in Silicon Valley and Matthew King in Los Angeles. Shaalu is a top deal lawyer in emerging companies/venture capital and technology transactions, while Matthew focuses on intellectual property and information technology strategic alliances.
“We are excited to continue the expansion of our California footprint,” said Harris Siskind, Global Head of McDermott’s Transactions Practice Group. “Shaalu and Matthew are highly skilled lawyers and will provide enhanced strategic counsel to our West Coast clients.”
“Shaalu and Matthew add tremendous talent for tech, energy and life sciences clients at the emerging companies and venture capital stages seeking substantial and rapid growth,” said Michael Poulos, Partner-in-Charge of Firm Strategy. “This added firepower is part of a continued strategy to support this growing area, following joiners Merrill Kraines and Todd Kornfeld in New York and Brian Gordon in Atlanta.”
Shaalu has a unique skill set synthesizing his expertise in corporate finance, governance and intellectual property. He advises clients across the life cycle of innovation, ranging from storied multinationals to first-time founders and entrepreneurs. His clients are across several sectors, including semiconductors, telecommunications, clean tech, telematics, enterprise software, data analytics and security. He has received numerous honors throughout his career as a leading technology dealmaker, including the Legal 500 Hall of Fame for Technology Transactions, numerous recognitions from the Chambers Guide, recognition as an IP Star by Managing IP and as a leading lawyer by Lawdragon. Shaalu was cited early in his career as one of California’s Top 20 Attorneys under 40.
“McDermott boasts best-in-class counsel across every sector of the technology industry, a strong California footprint and a fantastic work culture,” Shaalu said. “I am thrilled to join this Firm and look forward to its many benefits for my clients.”
Shaalu received his BS from the University of Notre Dame, his MS from the University of Michigan and his JD from Columbia Law School. He joins McDermott from Pillsbury Winthrop.
Matthew’s practice encompasses a broad range of global and domestic technology and outsourcing transactions, including information technology and business process outsourcing, software development and maintenance, software licensing and other technology-related matters. Matthew regularly negotiates intellectual property and information technology transition services agreements, technology-related joint ventures and strategic alliances. He also represents clients on issues arising in connection with complex international outsourcing transactions, including the outsourcing of numerous IT functions, such as infrastructure, applications development and maintenance, end-user computing, help desk and network operations.
Matthew received his BS from the United States Naval Academy and his JD from Georgetown University Law Center. Prior to earning his law degree, he served six years as a naval officer and completed deployments in support of Operations Enduring Freedom and Iraqi Freedom. He joins McDermott from Gibson Dunn.
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.
Media Contact
McDermott Advised Turenne Capital and UI Investissement on the Acquisition of a Stake in AlgoTx
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advised Turenne Capital and UI Investissement on the Acquisition of a Stake in AlgoTx
March 22, 23
Read time: 2 min
McDermott Will & Emery advised Relyens Innovation Santé / Turenne Capital and UI Investissement on the acquisition of a stake in AlgoTx, a european biotech that develops a first-in-class treatment ATX01 for chemotherapy- induced peripheral neuropathy (CIPN).
Historical investors, Bpifrance through its Innobio 2 fund and Omnes Capital also participated in this fundraising. Early and new business angel investors also significantly participated in this financing round.
The proceeds will be used to demonstrate the clinical efficacy of ATX01 in neuropathic pain.
The McDermott team that advised Relyens Innovation Santé / Turenne Capital and UI Investissement was composed of :
• Anthony Paronneau, partner, Lucie Martin and Alice Sevestre, associates
Media Contact
SRZ’s Global Shareholder Activism Group Represents Trian in Successful Public Campaign at The Walt Disney Company
PRESS RELEASE
SRZ’s Global Shareholder Activism Group Represents Trian in Successful Public Campaign at The Walt Disney Company
March 21, 2023
Read time: 3 min
Schulte Roth & Zabel represented Nelson Peltz and Trian Fund Management L.P. in connection with their $1 billion investment and successful public campaign for change at The Walt Disney Company, which according to Fortune, “captured the strategic outcome [Mr. Peltz] coveted without waging the brutal war he’d expected.”
This was after Disney announced plans to, among other things, make certain operational and organizational changes, cut costs, and restore its dividend, capturing a substantial part of Mr. Peltz’s vision for the organization’s creative function and operational initiatives, leading him to wish Bob Iger, the Disney management team and its board of directors the very best as they chart a new path forward.
The SRZ team was led by partners and co-chairs of SRZ’s global Shareholder Activism Group, Ele Klein and Marc Weingarten, and included associates Sean Brownridge, Brandon Gold, Danny Goldstein, Mario Kranjac and Abraham Schwartz and law clerks Rachel DiSciullo and Vera Lee.
Media Contact
McDermott Advises Kpler On ARR Financing For Strategic Growth Investment
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Kpler On ARR Financing For Strategic Growth Investment
March 20, 2023
Read time: 3 min
McDermott Will & Emery advised Insight Partners, Five Arrows and Kpler on the Annual Recurring Revenue (ARR) financing obtained from Bain Capital Credit and Apax Credit. Kpler, a leading provider of technology-led data, analytics and market insight, has agreed on a strategic growth investment led by Five Arrows and Insight Partners.
In doubling its ARR in the last 18 months and conducting two self-funded acquisitions (ClipperData & JBC Energy) since last September, Kpler has positioned itself as a leading firm in the next generation data and analytics space.
Kpler creates technology-led data, analytics and insight that bring transparency to dynamic markets characterised by opaque and incomplete information, such as commodity markets.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries.
With assets under management of approximately €4.9 billion, Five Arrows corporate private equity is part of Rothschild & Co’s Merchant Banking business which manages over €18 billion globally, with offices in Paris, London, New York, Los Angeles, and Luxembourg.
McDermott’s cross-border team was led by partner Aymen Mahmoud (London) and supported by partners Samantha Koplik (New York), Pierre-Arnoux Mayoly (Paris), counsel Shirin Deyhim (Paris), senior associate Nicholas Jupp (London), associates Rachel Crooks(Dallas), Clarisse de Roux (Paris), Antoine Venier (Paris) and trainee solicitors Bethany Drayton (London) and Adrien Ledoux (Paris).
Media Contact
Jeff Stone Named a Notable Litigator and Trial Attorney in Law by Crain’s Chicago Business
AWARDS & RANKINGS / PRESS RELEASE
Jeff Stone Named a Notable Litigator and Trial Attorney in Law by Crain’s Chicago Business
March 17, 2023
Read time: 3 min
CHICAGO (March 17, 2023) – International law firm McDermott Will & Emery is pleased to announce partner Jeff Stone has been named a Notable Litigator and Trial Attorney in Law by Crain’s Chicago Business.
Jeff is a nationally recognized trial lawyer who has tried over 40 federal and state jury trials to verdict, in addition to having tried dozens of bench trials, arbitrations and contested regulatory hearings. A Fellow and Regent of the American College of Trial Lawyers, he concentrates his practice on white-collar criminal defense, complex commercial litigation, internal investigations, and counseling to boards of directors and senior business executives. He has represented corporations, boards of directors, board committees, executives and other individuals in a variety of complex civil litigation and criminal prosecutions involving a broad range of industries, including health care, manufacturing, Tobacco, high technology and financial services.
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.
Media Contact
McDermott Recognized in Chambers Europe 2023 for its Cross-Border Offering and Innovative Solutions
AWARDS & RANKINGS / PRESS RELEASE
McDermott Recognized in Chambers Europe 2023 for its Cross-Border Offering and Innovative Solutions
March 17, 2023
Read time: 4 min
LONDON (March 17, 2023) – International law firm McDermott Will & Emery’s European practices have once again been recognized in Chambers Europe 2023, with 15 practice rankings and 30 lawyers listed across its Belgium, France, Germany and Italy offices.
The Firm received excellent client feedback and market reviews with praise across the board for understanding clients’ needs as well as great negotiations skills of its lawyers and their ability to offer solutions to the most complex problems. Many commentators indicated that McDermott’s lawyers provide “excellent execution of complex cross-border transactions,” are “smart, fast, pragmatic and solution-oriented,” and “innovative and practical.”
Notable practice area rankings include:
Band 1
- Germany: Healthcare
Band 2
- France: Pharma/Life Sciences
- Germany: Corporate/M&A: Mid-Market
- Germany: Real Estate
- Germany: TMT Media
Band 3
- Germany: Real Estate: Finance
- Italy: Tax
Band 4
- France: Private Equity
- France: Public Law
- Germany: Capital Markets: Equity
- Germany: Life Sciences
- Germany: Restructuring/Insolvency
Band 5
- France: Banking & Finance
- Germany: Private Equity
- Germany: Tax
30 individual McDermott lawyers were also ranked.
BELGIUM:
Notable Practitioners:
- Hendrik Viaene – Band 2 in Competition/EU Law: State Aid and Band 3 in Competition: Domestic.
FRANCE:
Notable Practitioners:
- Grégoire Andrieux – Band 2 in Private Equity: Mid-market
- Laurent Ayache – Band 4 in Public Law
- Nicolas Faguer – Band 5 in Litigation
- Timothée Gagnepain – Band 3 in Restructuring/Insolvency
- Diana Hund – Up and Coming in Private Equity: Mid-Market
- Guillaume Kellner – Band 6 in Corporate/M&A: High-end Capability
- Pierre-Arnoux Mayoly – Band 5 in Banking & Finance
- Sabine Naugès – Band 4 in Public Law
- Guillaume Panuel – Band 3 in Private Equity: Fund Formation
- Anthony Paronneau – Up and Coming in Pharma/Life Sciences: Corporate
- Henri Pieyre de Mandiargues – Band 2 in Private Equity: Buyouts (Acting for Management)
- Frédéric Pradelles – Band 4 in Competition/European Law
- Emmanuelle Trombe – Band 1 in Pharma/Life Sciences: Corporate
- Antoine Vergnat – Band 5 in Tax
GERMANY:
Notable Practitioners:
- Uwe Goetker – Band 4 in Restructuring/Insolvency
- Jana Grieb – Band 4 in Life Sciences
- Matthias Kampshoff – Band 3 in Restructuring/Insolvency
- Oliver Lieth – Band 3 in Real Estate: Finance
- Jens Ortmanns – Band 2 in Real Estate
- Dirk Pohl – Band 3 in Tax
- Stephan Rau – Band 1 in Healthcare
- Dustin Schwerdtfeger – Band 4 in Real Estate: Finance
- Wolfgang von Frentz – Band 2 in TMT Media
- Nikolaus von Jacobs – Band 5 in Private Equity
ITALY:
Notable Practitioners:
- Emidio Cacciapuoti – Band 2 in Private Equity: Fund Formation and Band 4 in Tax
- Giancarlo Castorino – Band 2 in Real Estate: Finance
- Stefano Mechelli – Band 5 in Dispute Resolution
- Carlo Paolella – Band 3 in Tax
- Andrea Tempestini – Band 2 in Tax
View McDermott’s full results.
ABOUT CHAMBERS EUROPE
Chambers Europe guide covers 52 jurisdictions across Europe. Chambers began its research in March 2022 and finished in November 2022; submissions for the Firm’s different offices and practices were provided to Chambers during this time. Chambers guides are the culmination of thousands of in-depth interviews by the largest research team of its kind and are trusted globally to objectively rank the world’s best lawyers and law firms.
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.
Media Contact
McDermott Represents Ease Inc. in Growth Investment from Luminate Capital Partners
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Ease Inc. in Growth Investment from Luminate Capital Partners
March 10, 2023
Read time: 3 min
International law firm McDermott Will & Emery represented Ease Inc., a leader in manufacturing plant floor audit software, in the majority-stake growth investment from Luminate Capital Partners, a private equity firm focused on enterprise software. Luminate’s investment will help Ease expand its leadership position in the manufacturing software sector by accelerating new product development, innovation and other key growth initiatives.
The transaction was announced on March 7, 2023.
The deal team was led by Laurence Bronska, Christopher Stacker and Jeff Cassidy and included Garrett Moores, John Prinzivalli, Jennifer Mikulina, Ellie Atkins, Jeffrey Holdvogt, Nick Paul, Brian Mead, David Saunders, Daniel Zucker, Alex Ruiz, Margaret Cremin, Ofir Tzoubari, Greg Heltzer, Ty Carson, Ryan Smethurst, Gary Rosenbaum, Kristine Suh and Alex Williamson.
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.
