Newsroom Categories: Press release

  • McDermott advised G Square and Duomed Group on the acquisition of The Surgical Company Group (TSC Group)

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott advised G Square and Duomed Group on the acquisition of The Surgical Company Group (TSC Group)

    May 17, 2022

    Read time: 3 min

    Paris, May 17, 2022 — McDermott Will & Emery advised G Square, a healthcare private equity fund, and Duomed Group, a pan-European distributor of medical supplies, on Duomed Group‘s envisaged acquisition of TSC Group’s distribution activities, a leading distributor of specialised medical equipment and devices. This transaction remains subject to customary conditions and regulatory approvals.

    With this transaction, Duomed Group intends to become a leading European distributor of medical equipment and related services with operations in the Benelux, France, UK, Switzerland, and Scandinavia.

    The McDermott team that advised G Square and Duomed Group comprised:

    • Grégoire Andrieux, partner, Emmanuelle Turek and Akiko Simar, associates, on Private Equity aspects;
    • Pierre-Arnoux Mayoly, partner, Aurélien Jugand, counsel, and Camille Judas, associate, on financing aspects;
    • Frédéric Pradelles, partner, and Mary Hecht, associate, on antitrust aspects;
    • Jilali Maazouz, partner, Abdel Abdellah and Naré Arshakyan, associates, on employment law aspects;
    • Sabine Naugès, partner, Charlotte Michellet, counsel, and Benoit Feroldi, associate, on the regulatory aspects;
    • Romain Perray, partner, and Hélène Adda, associate, on data privacy aspects.
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  • McDermott Ranks #1 in IsraelDesks Capital Markets Category for Fourth Consecutive Year

    McDermott Ranks #1 in IsraelDesks Capital Markets Category for Fourth Consecutive Year

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Ranks #1 in IsraelDesks Capital Markets Category for Fourth Consecutive Year

    May 11, 2022

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce it has again earned the top position in IsraelDesks’ Capital Markets league tables published in Legally Israel 100. McDermott is described as “the head of the pack for regular day-to-day work involving Israeli clients across many cutting-edge sectors, especially technology, bio-tech and life science,” as well as “a strong presence in high-tech… M&A and litigation.”

    “Our team continues to provide Israel-based clients and clients doing business in Israel with best-in-class counsel on strategic investments, acquisitions and all business transactions,” Mark Selinger, co-head of the Firm’s Israel group, said. “This ranking further solidifies our position in the Israeli market which has been enhanced by the recent addition of David Huberman, who exemplifies McDermott’s culture of being highly responsive and committed to providing outstanding client service,” Gary Emmanuel, co-head of the Firm’s Israel group, added.

    In addition to ranking #1 in Capital Markets by deal volume, McDermott ranked #3 in Hi-Tech and #5 in M&A deal volume. McDermott also ranked top ten in the Energy & Infrastructure, Employment, Litigation and Capital Markets value categories.

    Three McDermott lawyers are also recognized with individual rankings based on survey and market feedback from cross-border US and Israel lawyers.

    Benjamin (Ben) Strauss is recognized as a “Leading” individual and dubbed an “instrumental player” by a survey participant. Ben often acts as special Delaware and US counsel for Israeli based clients in connection with mergers and acquisitions, private placements, investment rounds and public offerings involving Delaware corporations and alternative entities. Ben’s ranking jumped from “Prominent Name” in 2021.

    Mark Selinger is recognized as a “Prominent” individual. He has worked with Israeli companies for decades in both public offerings and M&A transactions. Legally Israel recognizes Mark for representing Israeli companies doing business internationally since 1994 and representing Israel-headquartered INX as it closed its ethereum-based IPO for USD $85 million that was the first security token offering registered with the U.S. Securities and Exchange Commission.

    Gary Emmanuel is recognized as a “Notable” individual whose practice focuses on public offerings and regulatory compliance for Israeli companies, representing both issuers and underwriters, with an emphasis on the life science sector. Gary is dual qualified in New York and Israel and is fluent in Hebrew.

    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.

    Benjamin Strauss

    Partner

    Wilmington

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  • DEAL ANNOUNCEMENT / PRESS RELEASE

    Blank Media template

    May 10, 2022

    Read time: 2 min

    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.

    Dr. Philipp Grenzebach

    Partner

    Düsseldorf, Frankfurt

    Dr. Jens Ortmanns

    Partner

    Düsseldorf, Cologne

    Dr. Kian Tauser

    Partner

    Frankfurt

    Dr. Heiko Kermer

    Partner

    Frankfurt

    Christian Krohs, LL.M. (Aberdeen)

    Partner

    Düsseldorf, Cologne

    Carina Kant, LL.M. (Lausanne)

    Partner

    Düsseldorf, Cologne

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  • McDermott Bolsters Real Estate Transactions Firepower in New York and Chicago

    McDermott Bolsters Real Estate Transactions Firepower in New York and Chicago

    PRESS RELEASE

    McDermott Bolsters Real Estate Transactions Firepower in New York and Chicago

    May 9, 2022

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce four partner additions to its real estate practice: Marshall Brozost, Alykhan (Aly) Shivji and Billy Hildbold in New York and Justin Bender in Chicago. The group specializes in commercial real estate, real estate finance and related transactions and will also enhance capabilities for investment funds, tax, capital markets and private equity clients.

    “Clients face many unknowns in today’s volatile market and need innovative real estate strategists that understand how to get deals done,” said Harris Siskind, global head of McDermott’s transactions practice. “Marshall, Aly, Billy and Justin’s foresight will expand attractive business opportunities for our clients and grow our New York and Chicago teams.”

    This added talent follows an active 2021 where the firm scaled to meet increased client demand with May and September transactions hiring sprees. Notable real estate partner hires included Mal Serure and Zena Ho in Los Angeles and David Wolff in Chicago.

    Marshall previously led Orrick Herrington & Sutcliff’s New York Real Estate practice and focuses on complex real estate transactions on behalf of institutional and private equity investors. Additionally, his practice encompasses all aspects of commercial real estate investment, from purchases and sales, formation of joint ventures and real estate funds to mortgage and mezzanine financing, real estate investment trust (REIT) structuring, workouts and leasing.

    “I am thrilled to join the dynamic team at McDermott and am confident that my institutional and other clients will benefit immediately and significantly from the Firm’s full-service and global platform,” Marshall said.

    Aly also joins McDermott from Orrick and focuses his practice on all aspects of commercial real estate investment, from single asset and portfolio acquisitions and dispositions to the formation of real estate funds and the origination of mortgage and mezzanine financing. Aly has extensive experience structuring and negotiating joint venture and preferred equity agreements as well as commercial leasing. His experience covers a variety of asset types including residential, mixed-use, commercial, hospitality and industrial properties.

    Billy joins from Morrison & Foerster and represents clients in complex commercial real estate transactions, including mortgage and mezzanine financing, secondary market acquisitions and sales and the acquisition and disposition of real estate assets. He also has extensive experience in corporate restructuring, refinancing and bankruptcy matters, including complex real estate workouts.

    Justin joins from Kirkland & Ellis and is based in Chicago, reuniting with his former colleague David Wolff, head of the Firm’s Chicago real estate practice. Justin focuses his practice on complex real estate transactions, including acquisitions, dispositions, financings, joint ventures and development work. He represents developers, lenders, REITs, real estate funds, private equity firms, pension funds and other institutional investors.

    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.

    Justin Bender

    Partner

    Chicago

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  • McDermott advises PAION on Latin America license agreement with Cristália for development and commercialization of Remimazolam

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott advises PAION on Latin America license agreement with Cristália for development and commercialization of Remimazolam

    May 5, 22022

    Read time: 3 min

    Frankfurt, May 5, 2022 – International law firm McDermott Will & Emery has advised PAION AG on a license agreement with Cristália Produtos Quimicos Farmaceuticos Ltda, Brazil. PAION grants Cristália an exclusive license for the development and commercialisation of Remimazolam in Latin America.

    PAION will receive a EUR 3.5 million upfront payment and is also entitled to receive a milestone payment of EUR 1 million for an NDA (New Drug Application) submission in the territory (Latin America) and an annual payment of EUR 0.5 million for each year of market exclusivity from the launch of the product. Cristália will pay PAION 20% royalties on net sales. Cristália plan to manufacture the drug in their own plant to supply the licensed territory.

    McDermott Will & Emery previously advised PAION in 2021 on the granting of exclusive licensing rights for the development and marketing of Remimazolam in Taiwan, and in 2022 on the conclusion of a distribution agreement with a distributor for the marketing of Angiotensin II, Eravacycline and Remimazolam in various CEE markets.

    PAION AG was advised by Monika Emilia Richter.

    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 Lawyers Selected to Serve on Law360’s 2022 Editorial Boards

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Lawyers Selected to Serve on Law360’s 2022 Editorial Boards

    May 4, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery is pleased to announce Bernadette Broccolo in Chicago, Maria Rodriguez in Los Angeles and Matthew Knowles in Boston have been selected to serve on Law360’s 2022 editorial boards. Each will provide feedback on Law360’s coverage as well as expert insight on how best to shape future coverage.

    Bernadette counsels health and life sciences industry stakeholders on the transactional, strategic and regulatory strategies for transforming healthcare. She guides stakeholders through the development and commercialization of artificial intelligence, digital health innovations and discovery, accelerating precision medicine solutions and harnessing big data assets in support of such initiatives. Bernadette will be joining Law360’s 2022 Health Care Editorial Advisory Board.

    Maria advises US and international corporations with regard to employment law compliance and mergers and acquisitions and defends employment cases and class action litigation. She is a trusted adviser to clients, helping them avoid or resolve disputes and protect resources through strategic planning. Maria serves as Office Managing Partner of McDermott’s Los Angeles office. She will be joining Law360’s Media & Entertainment Editorial Advisory Board.

    Matthew focuses his practice on high-stakes commercial litigation and government investigations. He represents clients in a broad range of civil and criminal proceedings at the trial and appellate levels in federal and state courts across the country. In 2017, Matthew was named an “Up and Coming Lawyer” in Massachusetts. He will be joining Law360’s 2022 Massachusetts Editorial Advisory Board.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Maria C. Rodriguez

    Partner

    Los Angeles

    Matthew L. Knowles

    Partner

    Boston

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  • SRZ Submits Comment Letters on Proposed Rules for Private Fund Advisers and Short Position Reporting

    SRZ Submits Comment Letters on Proposed Rules for Private Fund Advisers and Short Position Reporting

    PRESS RELEASE

    SRZ Submits Comment Letters on Proposed Rules for Private Fund Advisers and Short Position Reporting

    May 4, 2022

    Read time: 3 min

    SRZ recently submitted two comment letters to the U.S Securities and Exchange Commission on the agency’s proposed rules regarding advisers to private funds, as well as on a new rule and form for short position and short activity reporting by institutional investment managers.

    Proposed Rules for Private Fund Advisers

    In the first letter, SRZ submitted comments to the SEC on the agency’s proposed rules regarding advisers to private funds in a letter that identifies and addresses significant concerns with the proposals and recommends that they be withdrawn or modified to avoid stifling private fund opportunities. 

    Proposed Rules for Short Position Reporting  

    In a second letter, SRZ commented on the agency’s proposed new rule and form for short position and short activity reporting by institutional investment managers. SRZ’s letter comments on the proposal to collect, aggregate and publish on a monthly basis gross short position data and recommends against the alternative approach of anonymized manager-level reporting. SRZ also makes specific suggestions to improve the accuracy of the data collected and to better assess data confidentiality.

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

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  • McDermott’s Miami Office Named 2022 Top Workplaces by South Florida’s Top Workplaces

    McDermott’s Miami Office Named 2022 Top Workplaces by South Florida’s Top Workplaces

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott’s Miami Office Named 2022 Top Workplaces by South Florida’s Top Workplaces

    May 3, 2022

    Read time: 3 min

    International law firm McDermott Will & Emery is proud to be awarded a Top Workplaces 2022 honor by South Florida’s Top Workplaces. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization: including alignment, execution, and connection, just to name a few.

    “We have worked hard to build and promote a culture where people feel valued and supported and are thrilled to have that commitment recognized,” said Adam Rogers, Managing Partner of the Firm’s Miami Office.

    “During this very challenging time, Top Workplaces has proven to be a beacon of light for organizations, as well as a sign of resiliency and strong business performance,” said Eric Rubino, Energage CEO. “When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business.”

    The McDermott team works together every day across practices, industries and geographies to deliver nuanced perspectives that elevate strategy and surface highly effective solutions. More than 1,200 lawyers strong, we strive on working together to find the right answer for our clients.

    Read more about McDermott’s award-winning culture 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.

    Adam J. Rogers

    Partner

    Miami

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  • Digital Health Forum Brings Industry Leaders Together to Discuss the Future of Care

    Digital Health Forum Brings Industry Leaders Together to Discuss the Future of Care

    PRESS RELEASE

    Digital Health Forum Brings Industry Leaders Together to Discuss the Future of Care

    May 2, 2022

    Read time: 4 min

    Building on years of focus in the digital health space and deep relationships with some of the industry’s most transformative players, leading health law firm McDermott Will & Emery is bringing business, investing and legal leaders together to discuss the future of care at the firm’s inaugural Digital Health Forum on Thursday, May 19, 2022.

    “Digital health is more important today than ever before, driving intriguing investment opportunities and care delivery innovation,” said Stephen Bernstein, co-chair of McDermott’s Digital Health practice. “It is the perfect time to host our inaugural Digital Health Forum with leading digital health experts to discuss the future of digital health, and how this is driving the future of healthcare overall.”

    With a curated guest list, world-class faculty and exclusive access to other senior leaders across the digital health landscape, this event offers unbeatable opportunities to learn about innovation, deepen professional relationships and build new connections. Attendees will explore new ideas and hear from leading subject matter experts about the state of healthcare delivery, what’s over the horizon and where the business and regulatory trendlines are pointing for the future.

    Micky Tripathi, National Coordinator for Health IT at the Department of Health and Human Services, keynotes the day-long event.  Additional general session topics include:

    • Evolution of Digital Health: CEO and Founder Perspectives on Today’s Industry
    • What the Money Thinks: Heightened Competition and Investing Early
    • Consumerization Now: Spotlight on Retail and Tech Entrants in Digital Health
    • View from Washington: Regulatory Issues Impacting Your Business

    A series of breakout sessions will be available to all attendees offering more detailed programming around topics including remote patient monitoring, data strategies, what’s next for home health, FDA and digital health, paper partnerships for digital health companies and more.

    Media are invited to attend the event.  To register as media, contact Erin West at eswest@mwe.com. Visit the conference website for more information and view the full event brochure.

    McDermott Will & Emery is the nation’s leading health law firm. The Health Industry Advisory group is 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. PitchBook recently recognized McDermott as the most active firm in healthcare private equity for the fourth consecutive year, handling 41 more healthcare private equity transactions in 2020 than its nearest competitor.

    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 Adds Pan Atlantic Privacy Powerhouse

    PRESS RELEASE

    McDermott Adds Pan Atlantic Privacy Powerhouse

    April 29, 2022

    Read time: 6 min

    International law firm McDermott Will & Emery is pleased to announce the addition of three lawyers to its global Regulatory Practice Group: Partner Elliot Golding and Counsel Robin Campbell in Washington, DC, and Partner Rosa Barcelo in Brussels. The trio join from Squire Patton Boggs and will further strengthen McDermott’s global privacy team, helping clients navigate an increasingly complex web of privacy laws.

    “The United States and the European Union, Brussels in particular, are where fast-developing global data protection and privacy regulations are created,” said Raymond Jacobsen, global head of McDermott’s regulatory practice. “We are thrilled to welcome Elliot, Robin and Rosa – a team of highly skilled lawyers with such deep and multifaceted experience – who will provide our clients with full coverage of their privacy-related needs. Through their substantial collective and individual industry experience, they will also be able to support our additional practices, including healthcare, technology, IP, energy, litigation and corporate.”

    Elliot provides business-oriented privacy and cybersecurity advice to global companies spanning virtually every sector of the economy, with a focus in the technology, healthcare/life sciences, retail/ecommerce, automotive and financial sectors. His practical approach gives clients actionable advice to help balance legal risk with business needs, particularly relating to innovative issues such as digital health technologies, biometrics, the Internet of Things, data monetization, online advertising and Artificial Intelligence/Machine Learning tools. He provides both day-to-day product counseling and helps companies develop global compliance programs that harmonize CCPA/CPRA (and equivalent laws in Virginia, Colorado and Utah); General Data Protection Regulation (GDPR) and other international laws; specific rules in the highly regulated health and financial sectors; marketing rules; security standards and many others. Elliot has also managed hundreds of breaches and ransomware attacks, guiding clients through all aspects of investigation, notification, remediation, engagement with regulators and litigation defense. He has been recognized in a number of industry rankings and awards, including by Bloomberg Law and Global Data Review. Elliot is CIPP/US certified and chairs the ABA’s Privacy, Security and Emerging Technology Division, along with several other committees.

    Robin focuses her practice on global privacy and cybersecurity matters and provides practical solutions for data security and privacy risk management. She works closely with clients to analyze the risks associated with new technologies, data use or transfers and to develop appropriate controls to reduce those risks. She focuses her decades of experience on the automotive industry, including connected cars and autonomous vehicles (AV). She covers both US and international laws and has in-depth knowledge of GDPR and international data transfers. Robin is a leader in the field and has twice chaired the global privacy/security practice at top tier law firms. She was selected by the Department of Commerce/EU Commission as one of sixteen arbitrators for the US/EU Privacy Shield arbitration panel. She has been named a “Cybersecurity Trailblazer” by The National Law Journal, served on Law360’s Cybersecurity & Privacy Editorial Advisory Board and spent years as part of the IAPP’s privacy faculty. She also co-founded Click 4 Compliance online compliance training, a two-time recipient of the Inc. 500/5000 Fastest Growing Companies recognition.

    Rosa is a leading voice in global data protection and cyberspace. She brings a wealth of experience on the issues, including having served as Deputy Head of Unit DG CONNECT in the European Commission where she played a key role in helping shape EU data privacy legislation. With more than two decades of experience, she is a trusted advisor well-known for her practical, business-focused solutions to some of the most complex and cutting-edge issues of the day – from artificial intelligence to machine learning and AV, to programmatic advertising and tracking technologies. With her global mindset, she regularly advises clients on data strategy in all forms of commercial agreements, global data transfers, data protection impact assessments and setting up strong foundations with lead authority assessments. She is a true problem solver who helps unlock business objectives while operationalizing and scaling compliance.

    “Privacy regulation is a topic that will only continue escalating, not only in the EU or the US but globally,” said Romain Perray, head of the Firm’s EU Global Privacy & Cybersecurity Practice Group. “We are delighted to be able to draw on the team’s first-class knowledge of complex privacy and data security issues in an international environment and support our clients with this team’s executive-level experience, especially in the context of coordinating large projects.”

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Elliot R. Golding

    Partner

    Washington, DC

    Raymond A. Jacobsen , Jr.

    Partner

    Washington, DC

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