DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Myonex on Acquisition of Hubertus’ Clinical Trial Business Unit
October 7, 2022
Read time: 3 min
Frankfurt/Main, Germany, October 7, 2022 – McDermott Will & Emery advised Myonex Inc, a leading global provider of clinical trial supply solutions, on its acquisition of the clinical trial supply and drug wholesale business from Hubertus Apotheke am Salzufer (Hubertus) in Berlin. The new company will operate under the name Myonex GmbH.
Myonex was founded 35 years ago and today globally offers a wide range of sourcing and supply, packaging, and labeling solutions, as well as distribution options to support clinical trials.
Hubertus had over 30 years of experience in the manufacture and distribution of clinical trial supplies and provided support for phase I to IV clinical trials.
The McDermott team advising Myonex was led by partner Deniz Tschammler and included counsel Jana Grieb as well as associates Lea Hachmeister and Katharina Hoffmeister.
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—and often unexpected—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.
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McDermott Adds Three Transactions Partners in New York’s Most Active Sectors
PRESS RELEASE
McDermott Adds Three Transactions Partners in New York’s Most Active Sectors
October 6, 2022
Read time: 5 min
International law firm McDermott Will & Emery is pleased to announce the additions of partners Jonathan Levine, Megan Vallerie and Jun Won Kim to the Firm’s Transactions Practice Group based in New York. Jonathan is a highly regarded practitioner of over 20 years in the New York business circles specializing in creditor, lending and agent bankruptcies, while Megan’s and Jun’s practices add significant depth in real estate financing and M&A and private equity transactions, respectively.
“Client demand in transactional work—whether it’s restructuring or otherwise leveraging the current deal environment—continues to hold strong, even in parallel with economic uncertainties on the horizon,” said Harris Siskind, global head of McDermott’s Transactions Practice Group. “Jonathan, Megan and Jun add talent to lead and support this work, and we are thrilled they have chosen McDermott.”
Jonathan advises clients in a wide range of corporate matters, with a focus on complex Chapter 11 reorganizations, bankruptcies, insolvencies and out-of-court restructurings. His clients include asset managers, private funds, and other individual investors and investment groups, as well as debtors and official and ad hoc creditors and equity committees. Jonathan counsels companies across several industries, including airline cargo, energy, manufacturing, maritime shipping, mining, oil and gas, technology, telecommunications, trucking and other transportation sectors.
Jonathan also provides general corporate and securities counsel. He regularly represents issuers and underwriters in public offerings and private placements of debt and equity securities, as well as early stage, venture capital and other financings. As transactional counsel, he advises businesses and owners on public and private mergers and acquisitions, joint ventures and corporate partnering arrangements, and the negotiation and documentation of contracts, financial agreements with bankers and lenders, and other matters. Jonathan joins from Arnold & Porter.
“McDermott’s restructuring team is highly skilled in all aspects of distressed transactions and works seamlessly with counterparts across the Firm’s impressive global transactions practice, offering many avenues to grow my practice,” Jonathan said. “I am excited to see what the future has in store for myself and my clients.”
Megan advises clients on a broad range of complex real estate transactions on both the debt and equity sides of the table. She has significant experience representing banks, life insurance companies, capital markets lenders, debt funds and other alternative lenders at all levels of the capital stack, including in connection with mortgage and mezzanine financing, securitized loans, construction lending, preferred equity investments, bridge financing and other structured financings, as well as intercreditor, co-lender and participation arrangements. She also has significant experience representing both developers and institutional investors in all asset classes of real estate, including acquisitions and dispositions, joint venture and preferred equity investments and borrower-side lending. Megan joins from Seyfarth Shaw.
Jun advises private equity sponsors and their portfolio companies, as well as public and private strategic companies, in a wide range of domestic and cross-border transactions, including mergers, acquisitions, consortium investments, minority investments, joint ventures, restructurings, carve-outs and dispositions. Jun joins from Simpson Thacher & Bartlett.
These partners are the latest additions to McDermott’s Transactions practice in New York, including Prem Amarnani, Marshall Brozost, Billy Hildbold, Luc Jansen, Merrill Kraines, Todd Kornfeld, Fritz Lark, Anand Saha and Alykhan (Aly) Shivji since the beginning of 2022.
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.
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The Legal 500 UK 2023 Recognized McDermott London Team for Innovative Thinking, Responsiveness and Top-Notch Service
AWARDS & RANKINGS / PRESS RELEASE
The Legal 500 UK 2023 Recognized McDermott London Team for Innovative Thinking, Responsiveness and Top-Notch Service
October 5, 2022
Read time: 6 min
International law firm McDermott Will & Emery has achieved sterling results in The Legal 500 UK 2023 with 16 rankings in key practice areas and 33 lawyers ranked. The Firm has received the highest number of rankings to date, with a 44% improvement over the past five years.
McDermott continues to hold preeminent Tier 2 positions in M&A: Lower Mid-Market Deals, Private Client: Contentious Trusts and Probate, and Private Client: Personal Tax, Trusts and Probate. We also gained a new recognition in Finance: Acquisition Finance (Tier 6) and moved up in rankings in Gaming and Betting (Tier 2), Dispute Resolution: International Arbitration (Tier 5), Finance: Bank Lending: Investment Grade Debt and Syndicated Debt Loans (Tier 6) and Finance: Corporate Restructuring & Insolvency (Tier 6).
Elite ‘Leading Individuals’ list:
- Nicholas Azis
- Ranajoy Basu
- Mark Fennessy
- Simon Goldring
- Nicholas Holland
- Andrew Savage
- Tom Whelan
‘Hall of Fame’:
- Ziva Robertson
Other highlights include:
Private Client:
- Tier 2 in Contentious Trusts and Probate. Noted for “exceptional service level and client care,” and for having “a perspective on trans-Atlantic private client litigation with which almost all firms cannot compete.”
- Tier 2 in Personal Tax, Trusts and Probate. Described as “one of the best Anglo US private client teams in London. Their breadth of experience is rarely beaten in London.”
Leading Individuals: Simon Goldring and Nicholas Holland
Hall of Fame: Ziva Robertson
Recommended Lawyers: Simon Gibb, Jannika Glendon (NEW), Astrid B. Owen, Anita Shah and Andrew Vergunst
Transactions:
- Tier 2 in M&A: Lower Mid-Market Deals. Noted for “significant global footprint and major deals for a range of operators in the worlds of life science, healthcare, energy, retail, and technology.”
- Tier 3 in Private Equity: Transactions Mid-Market Deals. The team “stands out in the market for its strong presence in the healthcare sector” and is “well-placed to handle cross-border deals.”
- Tier 4 in Finance: High Yield. A commentator noted “a unique element of McDermott’s practice is their deep commitment to the client that appears to go above and beyond… you feel that they truly partner with your business.”
- Tier 6 in Finance: Acquisition Finance (NEW). Described as “exceptionally strong,” “very knowledgeable, hardworking, and well-resourced,” noted for getting “a range of types of deals that is astounding given its size.”
- Tier 6 in Finance: Bank Lending: Investment Grade Debt and Syndicated Debt Loans (UP). Described as a “strong team with good bench of associates.”
- Tier 6 in Finance: Corporate Restructuring & Insolvency (UP). Described as “a highly accomplished, exceptionally reliable and consistently user-friendly team,” as well as “excellent, slick, proactive and knowledgeable.”
- Tier 6 in Real Estate: Property Finance.
Leading Individuals: Nicholas Azis, Mark Fennessy and Tom Whelan
Next generation partner: Shah Jahan Khandokar (NEW)
Recommended Lawyers: Arvin Abraham, Alexander Andronikou, Ranajoy Basu, Mark Fine, Nicholas Jupp (NEW), Aymen Mahmoud, Stuart Mathews, Sunay Radia, Marcia Shekerdemian (NEW), Priya Taneja, Calum Thom, Giulia Venanzoni (NEW) and Eleanor West
Litigation:
- Tier 2 in Crime, Fraud and Licensing: Gaming and Betting (UP). Described as “organised and efficient and on hand at the drop of an email,” the team “take the time to learn about the business function in order to provide focused and sensible advice.”
- Tier 4 in Dispute Resolution: Commercial Litigation Mid-Market. Noted for “innovative thinking… and sensible advice,” the team is “on top of the detail, with very clear, and commercial advice and excellent support to the counsel team.”
- Tier 5 in Dispute Resolution: International Arbitration. Noted as “an exceptionally strong team of very experienced individuals, who provide advice that is always incisive and exactly on point,” the “lawyers always do the utmost to secure a win for clients.”
Leading Individual: Andrew Savage
Rising Star: Kimberley Smith
Recommended Lawyers: Simon Airey, Michael Darowski (NEW), Romilly Holland, Armando Neris (NEW) and Edward Perkins
Healthcare:
- Tier 4 in Industry Focus: Life Sciences and Healthcare. Described as “innovators who think outside the box” and “a very can do firm, always seeking to find solutions rather than problems.”
Recommended Lawyers: Sharon Lamb and Hamid Yunis
Rising Star: David Gibson
Emerging Markets:
- Tier 3 ranking in Emerging Markets. Noted for continued “strong presence in emerging markets work.”
Leading Individual: Ranajoy Basu
Recommended Lawyers: Mark Fine, Romilly Holland, Andrew Savage and Priya Taneja
Employment:
- Tier 5 in Employment: Employers. Noted as “pragmatic” and “collaborative,” and “really enjoyable to work with, quick to mobilise and effective at advising on what matters.”
Recommended Lawyers: Katie Clark and Paul McGrath
Tax:
- Tier 5 in Corporate Tax. Described as a “very knowledgeable team, responsive, client focused with a broad understanding of the asset management business.”
Recommended Lawyers: Kevin Cummings (NEW) and Sarah Gabbai
About The Legal 500
The Legal 500 organizes the rankings into a single national ranking. The Legal 500 is a guide with emphasis on teams, not individuals, with the notable exception of leading lawyers listing, Legal 500 does not rank individual lawyers. Legal 500 highlights certain key individuals within the editorial paragraphs, but the principal aim is to provide a snapshot of the market based on assessment of the overall strength and depth of a practice group. The website www.legal500.com has 4 million unique individual users each year, including 2.5 million corporate counsel. View the full Legal 500 UK 2023 rankings.
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.
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McDermott Expands its Tax Offering with Senior Hire in Italy
PRESS RELEASE
McDermott Expands its Tax Offering with Senior Hire in Italy
October 5, 2022
Read time: 4 min
International law firm McDermott Will & Emery announced today the appointment of Diego Avolio as partner in its growing tax practice in Milan. Diego brings extensive experience in advising on local and international corporate tax matters and his arrival will provide a further boost to the Firm’s market-leading tax capabilities.
Diego focuses his practice on international tax mandates. He counsels clients on international transfer pricing as well as on the establishment and management of joint-stock companies. He has assisted numerous multinational groups in complex audits, in agreements with tax authorities on transfer pricing and patent boxes and in tax consulting and litigation.
Diego joins with associate Francesca Moretti, a lawyer with an LL.M. in International Taxation from the University of Amsterdam.
Andrea Tempestini, Head of McDermott’s Italian Tax Practice, commented: “We are very pleased to welcome Diego and Francesca to our team. We remain focused on our goal of providing our clients with a high-quality service while combining the culture of a boutique tax firm with the strength and openness that comes from our international pedigree. These additions fit perfectly into this vision, which we are confident will attract additional talent in the coming months.”
“Along with the rest of the world, Europe is experiencing unprecedented change across its tax landscape,” said Timothy Shuman, Head of McDermott’s US & International Tax Practice. “As our clients navigate their way through a myriad of complex and evolving tax considerations, we are delighted to add Diego’s substantial experience to our comprehensive tax services.”
Giancarlo Castorino, Head of McDermott’s Milan Office added, “Diego has an excellent skillset which will further complement our existing capabilities and help equip our clients with sound tax strategies to achieve growth in the current challenging business environment.”
Diego is a certified public accountant and is a statutory auditor and independent auditor for a number of companies. He authored numerous publications on tax matters and is a lecturer in master’s degree programs, including universities, as well as in Guardia di Finanza’s Tax Police School.
As McDermott continues to expand its leading global tax practice, this announcement follows last year’s high-profile tax hires of partners Kevin Cummings in London, Jeff Maydew and Meaghan A. Wolfe in Chicago, Michael W. Hardgrove in Boston and Dominika Korytek in San Francisco.
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.
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McDermott Continues to Strengthen its Global Corporate Offering with a Senior Appointment in London
PRESS RELEASE
McDermott Continues to Strengthen its Global Corporate Offering with a Senior Appointment in London
October 3, 2022
Read time: 4 min
International law firm McDermott Will & Emery is pleased to announce the addition of transactions partner Garrett Hayes in London. Garrett will bolster the Firm’s corporate advisory, M&A and private equity bench with his deep experience in guiding sophisticated foreign and domestic clients on complex transactions.
“Garret’s appointment is a great addition to the team and is in line with our strategy to grow our corporate and private equity offering in London and Europe,” said Harris Siskind, Global Head of McDermott’s Transactions practice. “His telecom and infrastructure M&A practice will also provide notable synergies with our teams in Germany and the US.”
Garrett’s practice focuses on a broad range of cross-border and domestic M&A, corporate advisory and private equity mandates. His practice includes advising on fund raising, strategic investments, and joint ventures, and he has extensive experience in transactions in the telecoms industry, including M&A involving mobile network operators and telecoms infrastructure. He represents private equity sponsors, management teams, and portfolio companies on leveraged buyouts, equity incentive arrangements, restructurings, and exits.
Garrett has had a busy 2022 to date and his notable recent transactions include advising Hanwha Systems Co., Ltd., a shareholder in OneWeb, on the proposed combination of OneWeb with Paris-based satellite operator Eutelsat; eir, Ireland’s leading telecommunications company, on InfraVia Capital Partners’ investment into Fibre Networks Ireland Limited, a company established to accelerate fibre-to-the-home roll-out across Ireland; BaseCamp Group on the €939 million sale of a portfolio of 11 private student and residential accommodation assets to Xior Student Housing NV; Fora management on the merger of Fora and The Office Group, creating the premier flexible workspace company in the UK; and eir on the sale of a majority stake in Tetra Ireland, a provider of secure communications to the Irish emergency services, to Motorola.
Clients recently advised by Garrett include NJJ Group, Strategic Industrial Capital Partners LLP, eir, Salt Mobile, Unigestion and Astorg Partners.
“We are thrilled to welcome Garrett to the Firm and London office. His addition strengthens our M&A offering and widens our sector expertise providing further opportunities across the technology, media and telecom sectors,” said Hamid Yunis, Managing Partner of McDermott’s London office. “Garrett also has impressive international credentials and experience that will continue to advance McDermott’s position in the UK, Europe and globally.”
Garrett commented: “McDermott is well known for its first-rate corporate practice with its strong international focus and its collegiate culture across the Firm. I am excited by the opportunity to be part of the team driving forward the continued growth of its M&A and PE practices.”
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—and often unexpected—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.
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SRZ Partner Peter Greene Appointed to MFA Board of Directors
PRESS RELEASE
SRZ Partner Peter Greene Appointed to MFA Board of Directors
October 1, 2022
Read time: 2 min
Schulte Roth & Zabel partner Peter Greene joined the Managed Funds Association’s 2022-2023 Board of Directors. The board comprises executives from leading alternative asset managers, allocators and service providers.
Bryan Corbett, MFA President and CEO, described the board as “provid[ing] essential guidance as we navigate this pivotal time for our industry, including unprecedented scrutiny from regulators around the world and a constantly evolving business landscape.” He went on to say that “MFA will continue to lead the charge to preserve the industry’s ability to deliver for institutional investors, including pensions, foundations, and endowments.”
Congratulations to the new Board of Directors!
Read the MFA announcement here.
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McDermott Recognized as Law Firm of the Year for Healthcare Services by The Deal
AWARDS & RANKINGS / PRESS RELEASE
McDermott Recognized as Law Firm of the Year for Healthcare Services by The Deal
September 30, 2022
Read time: 3 min
CHICAGO (September 30, 2022) – International law firm McDermott Will & Emery has been named Law Firm of the Year for Healthcare Services as part of The Deal Awards 2022. The recognition honors firms that have developed innovative solutions to complex problems during transactions and have redefined legal strategy in the market.
“This recognition speaks not just to the volume of McDermott’s healthcare transactional work, but to the quality of our advice,” Jerry Sokol, Global Head of Healthcare, said. “Because of our unparalleled experience advising the health sector across the entire industry, McDermott has established itself as the “go-to firm” for commercially practical advice and innovative thinking that facilitate successful transaction execution.”
In addition to being named Law Firm of the Year for Healthcare Services, McDermott Private Equity Practice co-head Kristian Werling was named a finalist for Dealmaker of the Year – Healthcare Services. The Firm was also shortlisted within the Private Equity Deal of the Year category for its role in providing healthcare regulatory counsel to Medline Industries, Inc. in its sale to Blackstone, Carlyle and Hellman & Friedman. Medline’s McDermott team was led by Byron Kalogerou.
In line with The Deal’s mission of providing forward-looking intelligence across mergers and acquisitions, private equity, activism and restructuring, The Deal Awards seek to recognize and celebrate the advisers, firms and banks driving the market forward. You can read more about the finalists.
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.
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McDermott Advised Zenchef on its Acquisition of a Majority Stake by PSG Equity
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advised Zenchef on its Acquisition of a Majority Stake by PSG Equity
29 septembre 2022
Read time: 2 min
McDermott Will & Emery has advised Zenchef, a leading European restaurant technology company, on the acquisition of a majority stake by growth capital firm PSG Equity. PSG Equity is an investor that partners with mid-market software and technology services companies to support their transformational growth.
The McDermott team that advised Zenchef comprised:
· Grégoire Andrieux, Managing Partner, Emmanuelle Turek and Auriane Tournay, Associates (Corporate)
· Antoine Vergnat, Partner and Côme de Saint Vincent, Counsel (Tax)
· Jilali Maazouz, Partner, Abdel Abdellah and Naré Arshakyan, Associates (Employment)
· Laura Morelli, Partner and Charles de Raignac, Associate (IP)
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McDermott Advised Reporting 21 and its Founders on its Cession to Cority
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advised Reporting 21 and its Founders on its Cession to Cority
29 septembre 2022
Read time: 2 min
McDermott Will & Emery advised Reporting 21, consulting firm specialised in sustainable transformation, and its founders, Yannick Grandjean and Claire Naulleau-Sauvêtre, on its cession to Cority, a leading global enterprise Environmental, Health, and Safety (EHS) software provider.
The McDermott team that advised Reporting 21 comprised:
· Grégoire Andrieux, partner, Claire Barra and Edouard Baladès, associates
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McDermott Adds Employee Benefits Partner in Los Angeles
PRESS RELEASE
McDermott Adds Employee Benefits Partner in Los Angeles
September 29, 2022
Read time: 4 min
International law firm McDermott Will & Emery is pleased to announce that Michelle McCarthy has joined the Firm’s Employee Benefits & Executive Compensation Practice Group as a partner in Los Angeles.
“We are delighted that Michelle is joining us in Los Angeles, expanding our West Coast practice and providing substantial advice on evolving health and welfare challenges facing our clients,” said Andrew Liazos, global chair of McDermott’s Employee Benefits & Executive Compensation Practice Group. “There has been significant excitement across our group anticipating Michelle’s arrival as she is a brilliant addition to the Firm.”
Michelle focuses her practice on health and welfare plans, specifically design, amendment, administration and compliance matters, and brings with her a significant amount of experience representing multiemployer plans. Michelle joins McDermott from Morgan Lewis, where she was a Los Angeles-based partner in the firm’s employee benefits and executive compensation practice group and actively involved in the firm’s COVID-19 Taskforce, as well as its Reproductive Rights Taskforce.
“McDermott’s benefits, tax and health practices hold superior reputations around the world and the Firm offered a clear platform for me to elevate my practice, benefiting both current and future clients,” Michelle said.
Michelle counsels both single-employer and multiemployer plan sponsors on matters pertaining to plan operations (including claims and appeals), participant communications, fiduciary obligations, prohibited transactions, funding issues, service provider contracts, side letter negotiations, litigation, arbitrations and withdrawal liability issues. She also has experience helping clients address agency investigations and audits, including those involving the Internal Revenue Service (IRS), the US Department of Labor (DOL) and the Pension Benefit Guaranty Corporation. Michelle received her BA from the University of California, her JD from the University of San Diego and her LL.M in Taxation from the University of San Diego School of Law.
McDermott’s employee benefits practice operates worldwide, with the geographic coverage and deep resources necessary to serve clients at every level. Regularly advocating for clients before the US Department of the Treasury, the IRS and the DOL on employee benefits matters, we have deep industry experience and represent employers in virtually every sector, including manufacturing, financial services, healthcare, education and construction. McDermott is the only firm to have received top rankings in all major ranking directories, including Chambers USA, Legal 500 USA, U.S. News – Best Lawyers and Law360.
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.
