Newsroom Categories: Press release

  • SRZ Represents D. E. Shaw Group in Agreement with FedEx to Add Directors to Board

    SRZ Represents D. E. Shaw Group in Agreement with FedEx to Add Directors to Board

    PRESS RELEASE

    SRZ Represents D. E. Shaw Group in Agreement with FedEx to Add Directors to Board

    June 14, 2022

    Read time: 2 min

    Schulte Roth & Zabel LLP represented the D. E. Shaw group in its agreement with FedEx Corporation to add three new independent directors to the FedEx Board of Directors. FedEx also announced other steps, including a dividend increase, enhancements to its executive compensation arrangements and changes to significant Board committees.

    The Schulte team advising the D. E. Shaw group was led by partner Ele Klein, chair of the firm’s M&A and Securities Group and co-chair of its global Shareholder Activism Group. The team also included associates Brandon Gold, Sean Brownridge and Abraham Schwartz.

    Read the Wall Street Journal article here.

    About Us

    Ele Klein

    Partner

    New York – 919 Third Avenue

    Brandon S. Gold

    Partner

    New York – 919 Third Avenue

    Abraham Schwartz

    Partner

    New York – 919 Third Avenue

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  • Mcdermott Advises Wentworth Resources On Agreement In The Ruvuma Production In Tanzania

    Mcdermott Advises Wentworth Resources On Agreement In The Ruvuma Production In Tanzania

    DEAL ANNOUNCEMENT / PRESS RELEASE

    Mcdermott Advises Wentworth Resources On Agreement In The Ruvuma Production In Tanzania

    June 13, 2022

    Read time: 3 min

    McDermott Will & Emery represented Wentworth Resources, the independent, Tanzania-focused natural gas production company, on its agreement with Scirocco Energy plc to acquire a 25% non-operated working interest in the Ruvuma Production Sharing Agreement in Tanzania.

    The acquisition will transform Wentworth into a multi-asset domestic gas producer in Tanzania and represents a first step for Wentworth into asset diversification and towards a full-cycle portfolio.

    Wentworth Resources plc is a leading, domestic natural gas producer in Tanzania with a core producing asset at Mnazi Bay in the onshore Ruvuma Basin in Southern Tanzania.

    The McDermott team was led by counsel Elisabeth Moseley and included partner Mark Fine, senior associate Nicholas Jupp and associates Marta Wrobel and Kai Ye Ang.

    About Us

    Mark Fine

    Partner

    London – 22 Bishopsgate

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  • McDermott Will & Emery Scholarship X Fulbright | Announcing our 2022 Scholars

    McDermott Will & Emery Scholarship X Fulbright | Announcing our 2022 Scholars

    PRESS RELEASE

    McDermott Will & Emery Scholarship X Fulbright | Announcing our 2022 Scholars

    June 13, 2022

    Read time: 5 min

    For the third year of its partnership with the Fulbright Program, McDermott Will & Emery’s Paris office is awarding two scholarships to two law students to continue their studies at the university of their choice in the United States.

    On Tuesday, May 31, 2022, the candidates shortlisted by the Fulbright Commission after a double pre-selection process, presented themselves before a jury composed of several law professionals and were able to present their academic and professional projects.

    The members of the jury and the firm are very pleased to announce that for this 3rd rendition of the partnership with the Fulbright Program, two laureates have been selected: Ariane Furniss Malherbe and Solène Roizard. The excellence of their profiles and their involvement in several associative projects were key factors in the jury’s choice.

    “Once again this year, we received excellent candidates, with brilliant academic backgrounds, who are very committed through numerous volunteer and community activities and who have very interesting projects. To reward this spirit of excellence, which we value so highly, we have decided to select two profiles to receive a McDermott X Fulbright scholarship. We warmly congratulate Ariane Furniss Malherbe and Solène Roizard on this occasion and wish them a rich learning experience in the United States that we hope will be an asset for their future careers,” added Sabine Naugès, McDermott partner, on behalf of the jury members.

    The jury was composed of:

    • Irène Cambourakis – EVP General Counsel, Board secretary and member of the Executive Committee at TECHNI
    • COLOR

    • Florence Muh-Wallerand – General Counsel – Wholesale & International Networks at ORANGE
    • Ana Cristina Barriendo, Head of Recruitment, Carreers and Training, Timothée Gagnepain, Sabine Naugès and David Revcolevschi, partners at McDermott Will & Emery

    About the winners

    Ariane Furniss Malherbe, 20 years old, attended the Grande Ecole du Droit program at the University of Paris-Saclay (DU Law and Advisory). This is a pioneering course, which each year welcomes a class of around thirty baccalaureate students with an excellent academic and linguistic level, and leads to four diplomas in four years – the Licence Business Law (company law) and the Master 1 in Business Law of the University of Paris-Saclay, the Diplôme Universitaire de la Grande École du Droit and an LL.M. (Master of Laws). Thanks to the McDermott X Fulbright scholarship, Ariane will complete her LL.M. at DePaul University in Chicago.

    Ariane is very involved in AEGED (Association des élèves et anciens élèves de la Grande Ecole du droit).

    Solène Roizard followed a program at ESCP Europe, including an exchange program at the University Carlos II of Madrid, while completing a Master 1 and 2 in Business Law at the University Paris 1 Panthéon-Sorbonne. Thanks to the McDermott X Fulbright scholarship, she plans to continue her studies by completing an LL.M. at Chicago University.

    Amongst her numerous associative commitments, she has been a volunteer in humanitarian missions with Rue des Enfants in Bolivia and Chantiers du Père Ceyrac in India.

    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, 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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  • Joanna Jung-Erh Lin Named Mergers & Acquisitions Lawyer of the Year at Euromoney’s Americas Women in Business Law Awards

    Joanna Jung-Erh Lin Named Mergers & Acquisitions Lawyer of the Year at Euromoney’s Americas Women in Business Law Awards

    AWARDS & RANKINGS / PRESS RELEASE

    Joanna Jung-Erh Lin Named Mergers & Acquisitions Lawyer of the Year at Euromoney’s Americas Women in Business Law Awards

    June 13, 2022

    Read time: 3 min

    DALLAS (June 13, 2022) – International law firm McDermott Will & Emery is delighted to announce Dallas-based partner Joanna Jung-Erh Lin has been recognized as the Mergers & Acquisitions Lawyer of the Year as part of Euromoney’s Americas Women in Business Law Awards.

    Joanna focuses her practice on corporate, securities and transactional matters. Along with many types of transactions, she handles domestic and cross-border venture financing, mergers and acquisitions for public and private companies, and complex transition services agreements.

    Five of our lawyers were additionally shortlisted for the following categories:

    Euromoney’s Women in Business Law Awards recognizes leading women for their contributions to the practice of business law along with the firms that have developed initiatives and programs to support and encourage women and diversity within the industry.

    You can read more about the 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—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 Named a Finalist for NYU School of Law’s Grunin Prize for Law and Social Entrepreneurship Award

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Named a Finalist for NYU School of Law’s Grunin Prize for Law and Social Entrepreneurship Award

    June 9, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery is pleased to share that our Impact Finance Practice has been recognized as part of NYU School of Law’s Grunin Prize for Law and Social Entrepreneurship Award.

    A McDermott team, led by London-based Partner Ranajoy Basu and Counsel Priya Taneja, advised Education Outcomes Fund (EOF) and United Nations Children’s Fund (UNICEF) on setting up a joint structure, which involved aligning the outcomes-based model in relation to EOF’s existing educational programs in various jurisdictions and ensuring the contractual structure conformed to the fund located within UNICEF. The partnership with McDermott has allowed EOF to operate as an independent trust fund hosted by UNICEF, which provides fund management, legal, procurement and administrative services to EOF.

    The Grunin Prize aims to reward the innovation, replicability and/or scalability, and potential impact of projects and solutions developed by lawyers to advance the fields of social entrepreneurship and impact investing.

    You can learn more about this innovative partnership 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—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.

    Priya Taneja

    Partner

    London – 22 Bishopsgate

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  • McDermott Advises Diabeloop on New Series C Financing Round

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Diabeloop on New Series C Financing Round

    June 8, 2022

    Read time: 3 min

    McDermott Will & Emery advised Diabeloop, a Grenoble-based artificial intelligence company specialising in the treatment of diabetes, on its Series C financing round – led by LBO France, joined by Terumo Corporation, Innovacom and backed by Diabeloop’s long standing partners – to power the company’s commercial roll-out and global expansion.

    This is the third round of financing for Diabeloop.

    This round of financing will enable Diabeloop to continue the development of its DBLG1 algorithm, which is hosted in a dedicated terminal that serves as a user interface with the system, associated with a continuous glucose sensor (CGM) and an insulin pump.

    The McDermott team comprised:

    • Fabrice Piollet, partner, Marie-Muriel Barthelet, counsel and Alexandre Bomet, associate, on the corporate aspects;
    • Anne-France Moreau, partner, and Lucie Martin, associate, on the life sciences aspects;
    • Antoine Vergnat, partner, and Côme de Saint-Vincent, counsel, on tax aspects
    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, 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 Represents Urgo Hotels & Resorts in its Sale to HHM

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Urgo Hotels & Resorts in its Sale to HHM

    June 8, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery represented Urgo Hotels & Resorts, an industry leader in hotel management and development for more than four decades, in its definitive agreement with Hersha Hospitality Management (HHM), an award-winning hotel management and investment company, to become a wholly owned subsidiary of HHM. The combined company will operate over 235 hotels in North America.

    • The transaction was announced on June 7, 2022; and is expected to close in the third quarter of 2022, subject to customary closing conditions.
    • The transaction expands HHM into Canada, enters new US markets, and adds mountain leisure, development and condo-hotel management capabilities to its portfolio.
    • Upon closing, the founding members of Urgo will become shareholders of HHM.
    • The McDermott team was led by Tom Conaghan with substantial assistance from Christine Kretkowski. Patrick McCurry and Alex Farr provided tax counsel, Jennifer Mikulina provided advice on IP matters, Todd Solomon advised on benefits issues and Heidi Steele advised on insurance matters for Urgo. The DC office led team also included associates Daniel McGuire and Tipanun Bisalbutr.
    • Read HHM’s press release 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, industries and more than 20 locations 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.

    Thomas P. Conaghan

    Partner

    Washington, DC, New York – One Vanderbilt Avenue

    Christine Corkran Kretkowski

    Partner

    Washington, DC

    Patrick J. McCurry

    Partner

    Chicago

    Todd A. Solomon

    Partner

    Chicago

    Heidi J. Steele

    Partner

    Chicago

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  • SRZ Submits Comment Letter on the SEC’s Proposed Rules to Revise and Expand the Definitions of ‘Dealer’ and ‘Government Securities Dealer’

    SRZ Submits Comment Letter on the SEC’s Proposed Rules to Revise and Expand the Definitions of ‘Dealer’ and ‘Government Securities Dealer’

    PRESS RELEASE

    SRZ Submits Comment Letter on the SEC’s Proposed Rules to Revise and Expand the Definitions of ‘Dealer’ and ‘Government Securities Dealer’

    June 8, 2022

    Read time: 3 min

    SRZ submitted comments to the U.S. Securities and Exchange Commission (“SEC”) on the agency’s proposed rules to revise and expand the definitions of “dealer” and “government securities dealer” under Sections 3(a)(5) and 3(a)(44) of the Securities Exchange Act of 1934. Because of the substantial impact the rules would have on private funds – i.e., by treating common trading strategies as dealer activity and requiring that many funds and advisers either register as a dealer or cease such trading activity – SRZ urged the SEC to undertake a study of the impact of the rules and its unintended consequences before making such a significant change.

    SRZ is carefully following the development of new rules affecting private investment fund managers and invites continued dialogue on these matters. 

     

     

    About Us
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  • McDermott Represents Cuisine Solutions in its $250 Million Growth Investment from Bain Capital

    McDermott Represents Cuisine Solutions in its $250 Million Growth Investment from Bain Capital

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Cuisine Solutions in its $250 Million Growth Investment from Bain Capital

    June 7, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery represented Cuisine Solutions Inc., the global leader and pioneer in sous vide premium foods, in its $250 million investment from Bain Capital, LP, a leading private multi-asset alternative investment firm. With this investment, Cuisine Solutions will gain additional resources to support accelerated product innovation, expand its business domestically and internationally, and increase its global manufacturing footprint beyond the United States, France and Thailand.

    • The transaction was announced on June 6, 2022 and is expected to close during the second quarter of 2022, subject to customary closing conditions.
    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, industries and more than 20 locations 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.

    Antoine Vergnat

    Partner

    Paris

    Todd Finger

    Partner

    New York – One Vanderbilt Avenue

    Michael Hacker

    Partner

    Miami

    Heidi J. Steele

    Partner

    Chicago

    Graciany Miranda

    Associate

    New York – One Vanderbilt Avenue

    Yuxin Jin

    Associate

    New York – One Vanderbilt Avenue

    Marina C. Leary

    Associate

    Washington, DC, Wilmington

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  • McDermott Recognized in GAR 100 2022 Among Leading International Arbitration Law Firms

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Recognized in GAR 100 2022 Among Leading International Arbitration Law Firms

    June 7, 2022

    Read time: 3 min

    CHICAGO (JUNE 7, 2022) – International law firm McDermott Will & Emery has been recognized by Global Arbitration Review in the GAR 100 15th edition 2022, a guide to the international arbitration capabilities of law firms. The law firms and lawyers selected for the list are evaluated on their reputation, amount of work undertaken and experience, and are recommended as “approved” in international arbitration discipline. McDermott is among the elite list of firms recommended for know-how and credibility in the international arbitration arena.

    The Firm is noted for long track-record advising on international arbitrations, with high profile clients including Honeywell International, Blackwater Security Consulting; private equity firms Patriarch Partners and Ewing Management Group; as well as German clients Schwabe, Evonik Degussa and HeidelbergCement. Recent government clients include North Macedonia and Albania. McDermott is also highlighted for acting on behalf of many clients from IP-rich fields such as life sciences and pharmaceuticals.

    The McDermott lawyers recommended are:

    For the Firm’s full GAR 100 2022 rankings and editorial commentary, please click here.

    About GAR 100

    The GAR 100, which is in its 15th edition, is a guide to the international arbitration capabilities of law firms and also assists clients in finding the specialist counsel they seek. GAR is one of the leading publications for private and public arbitration. Firms are selected for the GAR 100 list based on the number of merit hearings a firm has participated in, the number of lawyers rated highly enough to be listed in the “Who’s Who” lists, among other criteria.

    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—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.

    Lisa M. Richman

    Partner

    Washington, DC

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