DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Mercy Health in Collaboration with Mayo Clinic to Launch Technology Discovery Platform
August 26, 2022
Read time: 3 min
International law firm McDermott Will & Emery represented Mercy Health (Mercy), one of the largest health systems and Accountable Care Organizations in the United States, in drafting and negotiating a 10-year agreement with Mayo Clinic (Mayo), a nonprofit organization committed to innovation in research and clinical practice. This partnership will establish a first-of-its-kind digital health technology innovation collaboration between two health systems that will bring technology and data science to the bedside to accelerate the transformation to the next generation of proactive and predictive medicine.
This collaboration will provide the opportunity to develop high-value solutions and algorithms leading to more optimal patient care as it combines Mayo’s expertise in highly complex care and extensive investment in data science platforms, Mercy’s two centuries of innovative care delivery in diverse communities, and more than 500 million deidentified clinical encounters from Mercy’s and Mayo’s demographically and geographically diverse patient populations.
The McDermott team was led by Bernadette Broccolo and Sam Siegfried with support from Mary Waller.
Read Mercy’s press release here.
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 advises SIGNA on the sale of a stake in the Elbtower to hausInvest
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott advises SIGNA on the sale of a stake in the Elbtower to hausInvest
August 24, 2022
Read time: 3 min
Düsseldorf, August 24, 2022 – McDermott Will & Emery has advised SIGNA Real Estate on the sale of a 25% stake in the high-rise development “Elbtower” in Hamburg’s HafenCity to CommerzReal’s open-end real estate fund “hausInvest”.
Construction of the mixed-use high-rise at Elbbrücken, designed by David Chipperfield Architects, is scheduled to start in 2023, with completion expected by the end of 2025. Even before the official start of construction and three years before completion, the pre-lease rate for office spaces already exceeds 30%, and international lifestyle brand Nobu Hospitality has already been confirmed as the hotel operator. Excavation of the site is currently in progress.
Advisor SIGNA: McDermott Will & Emery (Lead Counsel): Dr. Jens Ortmanns (Partner, Real Estate, Düsseldorf), Sebastian von Lossow (Lead Partner, Corporate, Düsseldorf), Dr. Oliver Lieth (Partner, Real Estate Finance, Düsseldorf), Christian Krohs (Partner, Antitrust, Düsseldorf), Dr. Jessica Hanke (Partner, Real Estate, Düsseldorf), Frank Müller (Partner, Investment Law, Frankfurt am Main), Carina Kant (Counsel, Antitrust, Düsseldorf), Sebastian Klein (Associate, Corporate, Düsseldorf), Thomas Claeßens (Associate, Real Estate, Cologne), Markus Hunkenschröder (Associate, Real Estate Finance, Düsseldorf)
SIGNA Inhouse: Georg Reuter (Head of Legal) and Dr. Niels Lüking (Head of Tax and Financial Advisory Germany)
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 Advises SilverTree On Two Transactions
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises SilverTree On Two Transactions
August 24, 2022
Read time: 4 min
McDermott Will & Emery advised SilverTree Equity on two simultaneous investments: (1) their co-investment with Kantar to acquire Step-Up RGM; and (2) their co-control investment in the XTEL, the Kantar Group (a Bain Capital portfolio company) Trade Promotion Business, which will now operate as an independent entity going forward. SilverTree will act as a strategic transformation and growth advisor going forward to the combined businesses. The entire StepUp RGM team will join with Kantar XTEL and StepUp will become the lead RGM product. Cédric Guyot will head up the combined business as chief executive.
Step-Up RGM is an international expert in Revenue Management and Big Data Consulting for marketing and works closely with the trade marketing and sales departments of multinational (FMCG) companies.
Kantar is the world’s leading data, insights and consulting company that helps clients understand people and inspires growth.
SilverTree Equity is a sector specialist private equity firm with a strong focus on value creation. It invests exclusively in software, technology, and technology-enabled businesses. SilverTree is headquartered in London and has a team with deep investing and operational expertise in the software, technology, and tech-enabled business services sectors. Collectively the SilverTree team has been involved in over 50 transactions.
McDermott’s team was led by private equity partner Tom Whelan and client relationship partner Aymen Mahmoud, supported by senior associates Elisa De Carolis and Chris Marshall associates Rosie Mist and Jenna Walker and trainees Andrew West and Beth Drayton. The private equity team was supported by partner Katie Clark and Charlotte Moorehouse (employment) and counsel Gary Howes (IP & IT). In Italy, partner Enrico Raso and associates Carlo Lemmi and Elena Calzari also advised.
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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SRZ Files Supreme Court Amicus Brief in Discrimination Case
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Experienced Litigation Duo Joins McDermott’s Dispute Resolution Team in London
PRESS RELEASE
Experienced Litigation Duo Joins McDermott’s Dispute Resolution Team in London
August 23, 2022
Read time: 4 min
International law firm McDermott Will & Emery announced today the addition of partner Jack Thorne and associate Alison Morris to its Dispute Resolution practice in London. As the demand for sophisticated, international dispute resolution advice continues to increase, their appointment will provide a further boost to the Firm’s successful London team that includes litigation partner Andrew Savage, corporate crime and investigations partner Simon Airey and arbitration partner Michael Darowski.
Both join from the London office of Paul Hastings.
‘Jack’s experience and skillset will prove invaluable for achieving favorable outcomes for our clients. His expertise in disputes arising out of corporate and financial transactions complements our transactions practice and provides great synergies with our existing capabilities. Importantly, he brings expertise in class action, anti-trust, public procurement and data breach disputes, all of which we believe to be growth areas’, said Andrew Savage, head of McDermott’s Dispute Resolution Practice.
Jack advises on complex litigation at all levels of the English civil court system. He also has experience handling significant cases before various arbitral tribunals, including the London Court of International Arbitration, the International Chamber of Commerce, and the Hong Kong International Arbitration Centre. He advises across many sectors and industries, including banking and finance, private equity, telecoms, media and entertainment, energy, insurance and sports.
Alison’s practice encapsulates a broad range of contentious matters but primarily focuses on multi-disciplinary, cross-jurisdictional contractual and tortious disputes between major corporates.
Our London Dispute Resolution practice has grown and broadened substantially over the last three years and we are thrilled to welcome Jack and Alison to this high-performing team,’ said Hamid Yunis, Managing Partner of McDermott’s London office. ‘As we strive to anticipate our clients’ litigation needs, we are confident that Jack and Alison’s collective experience will further enhance and broaden the team’s expertise, particularly in the areas of corporate, data protection, class action and anti-trust litigation, bringing significant benefits to our offering.’
These appointments follow the recent additions of partners Joel Haims in New York and Jonathan (Jon) Henry in Washington, DC into the Firm’s growing Dispute Resolution team.
McDermott’s global Litigation & Dispute Resolution practice includes many recognized litigators in the United States and Europe. They advise clients from most industries and have earned a particularly strong reputation for helping major, multinational clients win big-ticket cases. They regularly collaborate with specialty groups across the firm to provide comprehensive litigation strategies in a variety of areas including corporate, private equity, finance, health, IP, employment, antitrust, benefits, privacy and tax. This synthesis of skill and experience, along with a record of success in high-stakes controversies, makes McDermott a go-to-firm for large-scale, complex litigation.
McDermott’s white-collar and government investigations team includes highly experienced lawyers in offices in London, Europe and throughout the United States. The team has significant experience in numerous jurisdictions, earning consistent recognition amongst clients and in major legal directories.
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 Guides Social Token Platform Cleared to Launch in Colorado
PRESS RELEASE
McDermott Guides Social Token Platform Cleared to Launch in Colorado
August 22, 2022
Read time: 5 min
International law firm McDermott Will & Emery secured “no-action” relief on behalf of its client Turing Holdings, Inc., d/b/a Roll, confirming that Roll does not need a Colorado money transmitter license and paving the way for Roll to immediately launch its social token platform in Colorado. McDermott is spearheading Roll’s nationwide rollout, seeking money transmitter licenses or “no-action” letters across the country.
Roll provides infrastructure to power the next generation of online platforms that enable creators and their communities to own the value they create online by minting unique social tokens.
McDermott argued that Roll’s platform does not require licensure in Colorado and that Roll’s unique social tokens platform does not fit within the statutes governing the state-specific money transmitter regime in Colorado. The Colorado Department of Banking agreed, giving Roll the green light to start accepting fiat and crypto from Coloradans.
“McDermott is peerless in its compliant knowledge of social tokens,” said Bradley Miles, Roll’s co-founder and CEO. “As infrastructure for this new asset class, Roll requires our legal advisors to understand both how social tokens are utilized on Roll and Roll-enabled platforms, and the financial services that we uniquely enable for the category. Colorado is a pivotal opportunity for Roll and the Colorado Division of Banking decision is important for our success. Thanks to Joe Evans and the broader McDermott team for the efforts and we look forward to expanding our relationship.”
Creators often experience reduced revenue as a result of significant costs paid to middlemen, including brokers, centralized content platforms and other entities and persons. Roll solves these problems by allowing creators to own, control, distribute and coordinate the value they create across social medial platforms via branded digital tokens unique to a creator’s online presence. Creators reward their followers by giving them social tokens and can also accept social tokens from their followers in exchange for access to certain exclusive content.
“We are impressed by Colorado’s ongoing support of the crypto industry,” said Joseph (Joe) B. Evans, lead McDermott partner for Roll. “Crypto can cut traditional middlemen out of the equation, allowing entrepreneurs worldwide to efficiently transact. Roll is a perfect example of how crypto can be used to disrupt traditional payment methods—it enables online creators to use their own branded social tokens to transact directly with their followers.”
The McDermott team is led by Joe Evans and includes Daley Epstein, Robert A. Kaylor and Ethan M. Heller.
McDermott’s FinTech and Blockchain team represents clients in all aspects of cryptocurrency law, including disputes and transactions. McDermott has represented clients in high-stakes cryptocurrency litigation and government investigations, innovative transaction structures and regulatory strategy and regularly advises on licensing and regulatory issues, including money transmitter regimes, securities law, commodities law, insurance and tax. McDermott also represents cryptocurrency and blockchain clients in connection with fundraising and investments, funds, novel structured finance transactions and first-of-their-kind platform formation. Additionally, McDermott’s cross-practice group has key persons in virtually all practice areas and jurisdictions who focus primarily or exclusively on the fintech and blockchain industry.
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 Lawyers Named Most Notable Leaders in Community Development by Crain’s Chicago Business
AWARDS & RANKINGS / PRESS RELEASE
McDermott Lawyers Named Most Notable Leaders in Community Development by Crain’s Chicago Business
August 19, 2022
Read time: 5 min
International law firm McDermott Will & Emery is proud to announce Elizabeth P Lewis and Michael Chu have been recognized by Crain’s Chicago Business’ annual Notable Leaders in Community Development feature.
As McDermott’s Pro Bono and Community Service Partner, Elizabeth works closely with the Firm’s Pro Bono and Community Service Committee and senior management to define the Firm’s programmatic mission, identify strategies for growth and launch pro bono and community service initiatives. In 2021, she was elected co-president of the Association of Pro Bono Counsel (APBCo) for the 2022 and 2023 terms. Elizabeth is also an active member and board of directors within several organizations including the Chicago Bar Foundation, Chicago Volunteer Legal Services and Public Interest Law Initiative (PILI).
Michael serves as the Local IP Litigation Practice Group Leader in McDermott’s Chicago office where he focuses his practice on all aspects of patent law, including complex litigation, opinions and prosecution. In addition to his practice, Michael serves as Global Chair of McDermott’s Racial and Ethnic Diversity Subcommittee and donates countless hours to organizations that address underserved communities of color, including The Alliance for Asian American Justice, Asian Americans Advancing Justice | Chicago, The National Asian Pacific American Bar Association and the Chicago Committee on Minorities in Large Law Firms.
The Crain’s Chicago Business’ Notable Leaders in Community Development feature recognizes individuals who have made a difference in improving underserved and underinvested communities in Chicago and the surrounding area, improved diversity and inclusion in their own organization and/or assumed a leadership position in the industry outside of the candidates’ own organization.
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 Adds Prominent Energy Dealmaker in New York
PRESS RELEASE
McDermott Adds Prominent Energy Dealmaker in New York
August 18, 2022
Read time: 4 min
International law firm McDermott Will & Emery is proud to announce that Frederick (Fritz) Lark has joined our Transactions Practice Group as a partner based in New York. Fritz represents some of the largest infrastructure investors in North America in their energy and digital infrastructure transactions and is a go-to dealmaker in the power and utilities sectors.
“Energy clients today face a unique opportunity—global demand for a shift in sourcing energy continues to rise while the Inflation Reduction Act is anticipated to have a historical impact on the US energy market,” said Harris Siskind, global head of McDermott’s Transactions Practice Group. “We’re scaling our team to ensure we see around corners for clients on all of these important issues, and Fritz is a natural fit within our group, complementing our diverse one-stop energy practice.”
Fritz advises clients on infrastructure-related M&A transactions, with a focus on energy and digital infrastructure. He represents infrastructure funds, utilities and other investors in public and private company mergers, acquisitions, joint ventures, equity investments and debt and hybrid securities issuances, among other transactions. Fritz also advises clients on corporate governance and disclosure issues under the federal securities laws and exchange rules, and on general corporate matters.
“McDermott is a leader in the energy space and is an obvious fit for my practice that will provide great opportunities for my clients,” Fritz said.
Fritz was previously a partner at Mayer Brown. He received his BS from the University of Pennsylvania and his JD from Rutgers University School of Law.
McDermott continues to expand its global energy footprint, adding bench strength in renewable energy, oil and gas and project finance. Since last year, the Firm has welcomed Kevin Brophy, Jack Langlois, Andy Lehman, Jibin Luke and Denmon Singler in Houston; Emeka Chinwuba, Robert da Silva Ashley, Parker Lee and Jim Salerno in New York; Shah Jahan Khandokar in London; and Alfred Chia, Ignatius Hwang, Clarinda Tjia-Dharmadi and Merrick White in Singapore.
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 Adds Digital Health Partner Alya Sulaiman in Los Angeles
PRESS RELEASE
McDermott Adds Digital Health Partner Alya Sulaiman in Los Angeles
August 17, 2022
Read time: 4 min
International law firm McDermott Will & Emery is pleased to announce the addition of Partner Alya Sulaiman to the Healthcare Practice Group in Los Angeles. Alya brings expansive digital health and health tech experience to the Firm. She works with clients to navigate complex healthcare regulatory, privacy and transactional matters, with a focus on digital health, interoperability and data use strategy.
“Alya’s addition advances numerous McDermott healthcare practice priorities,” Jerry Sokol, McDermott’s Global Head of Healthcare, said. “Her experience enhances our digital health skillset, bolsters our policy and counseling practice and adds significant depth to our team in California.”
Prior to joining McDermott, Alya worked at the intersection of healthcare and technology as corporate counsel and the director of health policy and regulatory affairs for Epic Systems Corporation, a leading global healthcare software company. She has valuable in-house experience working with internal business units ranging from engineering teams, product managers, external affairs, sales and compliance.
Lisa Mazur, co-chair of McDermott’s Digital Health practice, added, “We’re so pleased Alya has joined our team of more than 40 lawyers focused on leading emerging and established organizations through the unique—and often unanticipated—transactional, regulatory and compliance challenges they face in the pursuit of innovation.”
Alya also has substantial experience with product counseling and provides guidance during the conception, development, launch and support of new digital health products and services. She received her JD from The Ohio State University, Moritz College of Law.
“I joined McDermott because of its stellar team and exceptional reputation as a facilitator of digital health innovation,” Alya stated. “I’m excited to put my in-house experience to use by representing a broader array of companies with a more diverse set of legal needs.”
Alya is the most recent addition to the Firm’s health practice, following the arrival of Washington-based FDA partner Heili Kim, as well as the arrival of healthcare fraud and abuse partner Denise Burke and senior counsel Lester Perling in June.
McDermott is the nation’s leading health law firm and the only health 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 held the top spot in PitchBook’s League Tables as the most active firm for healthcare private equity since 2017.
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 Represents WindRose Health Investors in Cross-Border Business Combination of Lykan Bioscience and RoslinCT
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents WindRose Health Investors in Cross-Border Business Combination of Lykan Bioscience and RoslinCT
August 11, 2022
Read time: 3 min
International law firm McDermott Will & Emery represented WindRose Health Investors, LLC, a New York-based healthcare private equity firm, in the strategic cross-border business combination agreement of Lykan Bioscience, LLC, an innovative contract development and manufacturing services organization (CDMO) focused on cell-based therapies, with RoslinCT, a Scotland-based cell therapy CDMO owned by GHO Capital Partners.
The business combination was announced August 4, 2022 and will create a leading advanced cell therapy CDMO offering process development expertise and cGMP manufacturing for a broad range of autologous and allogeneic cell therapies, with unparalleled expertise in gene editing and industry-leading induced Pluripotent Stem Cell (iPSC) capabilities.
McDermott also represented WindRose in two additional recent transactions, including the debt financing and recapitalization of RevHealth, one of the largest independent providers of omnichannel healthcare communications to the life sciences industry; and its strategic investment in Brown Parker & DeMarinis Advertising, Inc., LLC, a hospital- and health system-focused provider of data-driven marketing solutions.
The cross-border US, UK, Germany and Belgium McDermott team was led by Kristian Werling, and included Jarrett Szczesny, Nora Klein, Sarah Bro, Michael Bruno, Ty Carson, Andrew Granek, Kevin Hall, Gregory Heltzer, Jeffrey Holdvogt, Jacob Hollinger, Graham Hyman, Brian Mead, David Neville, Dan O’Neil, Alex Ruiz, Christina Sanchez and Calum Thom.
Read Lykan Biosciences and RoslinCT’s combined press release.
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.
