PRESS RELEASE
McDermott Private Client Practice Tops Chambers High Net Worth 2021 for 13th Year in a Row
July 29, 2021
Read time: 5 min
International law firm McDermott Will & Emery’s Private Client practice once again tops Chambers High Net Worth 2021 rankings for the 13th consecutive year. McDermott was ranked as the sole Band 1 Firm in USA: Nationwide – Private Wealth Law and also received a Band 1 ranking in Family Office & Fund Structuring—a new category this year. Additionally, the team received nods for “creative solutions,” “technical mastery” and “deep expertise in all areas that affect family offices or high net worth individuals.”
The Firm received praise in jurisdictions across the United States. Our District of Columbia team maintained its sole Band 1 position and is noted as “the place to go for high net worth individuals,” in part due to its “stable of renowned attorneys nationally.” Additionally, our Illinois team is the sole Firm ranked Band 1 and commended as “the best in the business.”
In the United Kingdom, our Private Wealth Disputes team collected compliments for its “very, very high level of general service” with lawyers who “think outside the box” and are described as “absolutely fantastic.” The Private Wealth Law team received a nod to the team being “responsive and technically strong.”
PRACTICE RANKINGS
United States:
- USA Nationwide: Private Wealth Law – Band 1, the sole Firm ranked Band 1
- USA Nationwide: Family Office & Fund Structuring – Band 1
- California (Northern): Private Wealth Law – Band 1, the sole Firm ranked Band 1
- California (Southern): Private Wealth Law – Band 2
- District of Columbia: Private Wealth Law – Band 1, the sole Firm ranked Band 1
- Illinois: Private Wealth Law – Band 1, the sole Firm ranked Band 1
- New York: Private Wealth Law – Band 1
United Kingdom:
- London (Firms): Private Wealth Disputes – Band 2
- London (Firms): Private Wealth Law – Band 4
LAWYERS RANKED
United States:
- David Baker – Illinois and USA Nationwide (Private Wealth Disputes) – Band 1
- Leigh-Alexandra Basha – District of Columbia – Band 1 and USA Nationwide – Band 2
- Bobbi Bierhals – Illinois – Band 3
- Scott Bowman – District of Columbia – Band 2
- William Butler – Illinois – Band 2 and USA Nationwide – Band 3
- Katrina Crafton Fluet – California (Northern) – Up and Coming
- Richard Dees – Illinois – Band 2
- Elizabeth Glasgow – California (Southern) – Band 3
- Laurelle Gutierrez – California (Northern) – Band 3
- Carol Harrington – Illinois and USA Nationwide – Band 1
- Ellen Harrison – District of Columbia and USA Nationwide – Band 1
- David Herpe – Illinois and USA Nationwide – Band 2
- Neil Kawashima – Illinois – Band 4
- Julie Miraglia Kwon – California (Northern) – Band 1 and USA Nationwide – Band 2
- Richard Lang – Illinois and USA Nationwide – Band 3
- Carlyn McCaffrey – New York and USA Nationwide – Star Individual
- Patrick J. McCurry – USA Nationwide: Family Office & Fund Structuring – Band 1
- Elise McGee – Illinois – Up and Coming
- Read Moore – California (Northern) – Band 1 and USA Nationwide – Band 2
- Nicole Pearl – California (Southern) – Band 1 and USA Nationwide – Band 3
- Jay Rivlin – New York – Band 4
- Michael Rosen-Prinz – California (Southern) – Band 2
- Adam Sherman – Illinois – Up and Coming
- Michael Silva – Florida – Private Wealth Law – Band 3
- Michael Sorrow – Illinois – Up and Coming
- Thomas Ward – USA Nationwide: Family Office & Fund Structuring – Band 1
United Kingdom:
- Simon Goldring – London Firms: Private Wealth Law – Band 4
- Nicholas Holland – London Firms: Private Wealth Disputes – Band 2 and Foreign Expert for Canada in Private Wealth Law
- Astrid Owen – London Firms: Private Wealth Law – Band 4
- Ziva Robertson– London Firms: Private Wealth Disputes – Band 2
- Andrew Vergunst – London Firms: Private Wealth Law – Band 4 and Foreign Expert for South Africa
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 Will & Emery Announces the Results of its Fulbright Scholarship 2021 Program
PRESS RELEASE
McDermott Will & Emery Announces the Results of its Fulbright Scholarship 2021 Program
July 27, 2021
Read time: 3 min
On Monday July 26, the candidates pre-selected by the Fulbright Commission were able to present their academic and professional projects to a jury composed of Grégoire Andrieux, Managing Partner, Sabine Naugès, Alexis Werl, Partners in the Paris office, and Ana Cristina Barriendo Escuin, Director of Recruitment, Careers and Training for McDermott in France.
The firm is very pleased to announce that the 2021 winner is Valentine Genieys, a law student, who graduated from the University of Paris Dauphine (Master 2 in Business Law 214, and Master 1 in Business and Tax Law). She has also completed several internships in law firms and companies.
Through the McDermott Will & Emery Scholarship in partnership with the Fulbright Program, Valentine will be attending NYU to pursue the LL.M. “Competition, Innovation and Information Law” during the 2021-2022 academic year.
“This year again, it was challenging to choose between the candidates, whose projects were all of very high quality. We would like to congratulate Valentine Genieys for her excellent academic success at Dauphine and we hope that this experience at NYU will be an empowering experience for her and an asset for her future career,” added Grégoire Andrieux, Managing Partner of McDermott Will & Emery in Paris.
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 Advises Shareholders of MisterFly on a €10 million fundraising led by Bpifrance
PRESS RELEASE
McDermott Advises Shareholders of MisterFly on a €10 million fundraising led by Bpifrance
July 27, 2021
Read time: 3 min
McDermott has advised shareholders of MisterFly, an innovative European travel booking platform (flights, accommodation, transfers, car rentals and holidays) for professionals and general public, on a €10 million fundraising, led by Bpifrance, through its France Investissement Tourisme 2 fund, alongside historical investors, Montefiore Investment and Iris Capital.
The McDermott team that advised shareholders of Misterfly comprised:
- Diana Hund, partner, and Marie-Muriel Barthelet and Marianne Zwobada, associates on the corporate aspects
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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€300 Million Green Bond: McDermott advises SIGNA Development Selection AG on successful Bond Issuance Debut
DEAL ANNOUNCEMENT / PRESS RELEASE
€300 Million Green Bond: McDermott advises SIGNA Development Selection AG on successful Bond Issuance Debut
27. Juli 2021
Read time: 3 min
Frankfurt, July 26, 2021 – McDermott Will & Emery has advised SIGNA Development Selection AG (”SIGNA Development”), one of Europe’s leading real estate developers, on its successful debut bond issuance. The senior unsecured bond was issued by a wholly owned subsidiary of SIGNA Development. The bond has an aggregated principal amount of €300 million, a 5-year maturity and a 5.5% p.a. coupon. It meets the requirements of the Green Bond Principles of the International Capital Market Association (ICMA) and was placed with institutional investors in an international private placement, including in the US with qualified institutional buyers pursuant to Rule 144A under the US Securities Act. The principal documentation for the transaction is governed by German law. The issuance is SIGNA Development’s first international capital markets transaction and represents the first placement of a green bond by a real estate developer in the DACH region this year.
The team advising SIGNA Development Selection AG was led by Frankfurt Partner Simon Weiß (Capital Markets) ) and included Partners Joe Marx (US Capital Markets) and Jens Ortmanns (Real Estate) as well as Partners Maximilian Clostermeyer, Pierre Brandt, Ulrich Flege, Jan Hückel (all Real Estate), Oliver Lieth and Dustin Schwerdtfeger (both Finance), Eric Orsic, Richard Mitchell and Ted Laurenson (all US Capital Markets), Philipp Grenzebach and Florian Lechner (both Corporate), Nina Siewert, Heiko Kermer and Greg Weigand (all Tax), Todd Solomon (ERISA), Associates Andreas Skupien, Markus Hunkenschröder, Sara Brinkmann, Frederic Peine, Elena Platte, Tina Zeller, Christoph Schäfer and Lisa Feth as well as Transaction Lawyers Maria Bretschneider and Ardalan Zargari.
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 Rise Member Clinify Inc. Closes $3.1 Million Series Seed Financing Round
PRESS RELEASE
McDermott Rise Member Clinify Inc. Closes $3.1 Million Series Seed Financing Round
July 23, 2021
Read time: 3 min
International law firm McDermott Will & Emery represented Clinify Inc. (Clinify), a Chicago-based digital health company and McDermott Rise member, in the closing of its oversubscribed $3.1 million Series Seed financing. Clinify partners with payers and providers to leverage their cloud-based platform that combines healthcare expertise, analytics and care coordination services in order to develop and deploy the most cost-effective methods of care delivery and reduce obstacles to value-based managed care for low-income and underserved communities.
McDermott represented Clinify in this transaction as one of the 20 companies in the inaugural 2020 McDermott Rise class.
“Clinify is an innovative company with diverse leadership helping to solve an existing problem for low-income and underserved communities, making them an ideal candidate for McDermott Rise,” Dale Van Denmark, Clinify’s relationship partner, said. “We are thrilled to be a part of their success as they secure funding and continue to shape healthcare access and delivery for better outcomes across all communities.”
The McDermott team was led by Diego Gómez-Cornejo, and included Nicole Yoon, Elaine Kao, Nathan Barnett and Alex Ruiz. Dale Van Demark is the relationship partner for Clinify.
McDermott Rise was launched in July 2020 to knock down unfair barriers to success for black, indigenous and other entrepreneurs of color. To help fight systemic racism, McDermott Rise provides free legal services and access to the Firm’s global resources to 20 companies each year. Learn more about the program and apply at www.mcdermottrise.mwe.com.
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 Advises Paper Excellence on the Restructuring of the Fibre Excellence Tarascon Site
PRESS RELEASE
McDermott Advises Paper Excellence on the Restructuring of the Fibre Excellence Tarascon Site
July 23, 2021
Read time: 3 min
McDermott Will & Emery has advised the Paper Excellence Group on the restructuring of the Fibre Excellence Tarascon pulp mill.
The Paper Excellence Group is the sole shareholder of Fibre Excellence Tarascon. Operating in the US, the company is a leading producer of pulp and paper and is involved in the rescue of the Tarascon site with the support of the French Government and several public actors.
The Toulouse Commercial Court approved the restructuring operation, which will involve the transfer of both the Fibre Excellence Tarascon mill and all employees to the Fibre Excellence Group. The move continues a strategic plan of broad growth and development, which includes the construction of a biomass power plant to enhance the sustainability of the mill, and safeguard all employees.
The McDermott team that advised the Paper Excellence group comprised:
- Timothée Gagnepain, partner, Théophile Jomier and Rudi Pfortner, associates on the restructuring aspects;
- Pierre-Arnoux Mayoly, partner and Stanislas Chenu, associates, on the financing aspects;
- Laurent Ayache, partner, and Charlotte Michellet, counsel, on public and regulatory law aspects;
- Jilali Maazouz, partner, and Marie-Elisabeth George, associate, on employment law aspects.
DLA Piper also worked alongside Paper Excellence, and Fibre Excellence Tarascon was advised by both Norton Rose and CW Associés.
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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IAM Patent 1000 Recognizes McDermott’s Global IP Practice for Top-Notch Work and Superior Quality
AWARDS & RANKINGS / PRESS RELEASE
IAM Patent 1000 Recognizes McDermott’s Global IP Practice for Top-Notch Work and Superior Quality
July 23, 2021
Read time: 4 min
International law firm McDermott Will & Emery received outstanding rankings in this year’s IAM Patent 1000. The Firm’s Intellectual Property Practice Group earned silver and bronze placements across the US and Germany this year alongside 18 individual lawyer recommendations.
McDermott’s US-based IP group is highly regarded in this year’s rankings for its “strong technical backgrounds and notable patent drafting, prosecution and litigation skills.” The publication notes that the group “is in the vanguard of the action: in the past five years, it has handled some 210-plus district court cases, 100-plus PTAB proceedings and numerous ITC investigations. The work often has a cross-border component, for which international resources prove invaluable.”
The ranking describes the Firm as having “wide-ranging patent capabilities and a highly integrated approach to the practice.” The team is further noted for having “gifted scientists and lawyers in key innovation hubs around the country, putting it right at the heart of the action and within easy reach.”
Described as “’on the ball’ and with ‘top-notch legal knowledge’, the Firm’s German patent practitioners love nothing more than to sink their teeth into high-stakes litigation for innovators of all stripes, both domestic and multinational.”
IAM Patent 1000 recognizes leading firms and individuals in the patent prosecution, transactions and litigation fields. Firm rankings are based on the depth of experience, market presence and the level of work on which they are typically engaged. Individual rankings are based on feedback from peers and clients.
IAM Patent 1000 highlights:
- International – Recommended Firm
- United States: California – Bronze Band in Litigation
- United States: DC Metro Area – Silver Band in Litigation; Recommended in Prosecution
- United States: Georgia – Bronze Band in General IP
- United States: Illinois – Bronze Band in Litigation
- United States: Massachusetts – Bronze Band in Litigation; Recommended in Prosecution and Transactions
- Germany – Bronze Band in Infringement; Recommended in Transactions
Ranked Lawyers:
- Michael Chu
- Jenny Chen
- Sarah Columbia
- Michael Fogarty
- William (Bill) Gaede
- Jed Gordon
- Henrik Holzapfel
- Nicole Jantzi
- Charlie (Charlie) McMahon
- Judy Mohr
- Shane Nichols
- Jay Reiziss
- Bhanu Sadasivan
- Paul Schoenhard
- Ahsan Shaikh
- Thomas Steindler
- Jeffrey (Jeff) Toney
- Boris Uphoff
Learn more about the IAM Patent 1000.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With more than 20 locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective—and often unexpected—solutions that propel success. More than 1,100 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 STADA on cooperation with Calliditas concerning the marketing of special therapy for IgA nephropathy in Europe
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott advises STADA on cooperation with Calliditas concerning the marketing of special therapy for IgA nephropathy in Europe
23. Juli 2021
Read time: 3 min
Frankfurt/Munich, July 23, 2021 – McDermott Will & Emery advised STADA Arzneimittel AG on a license agreement to register and commercialize a novel specialty drug candidate for the treatment of the chronic autoimmune kidney disease Immunoglobulin A Nephropathy (IgAN). The cooperation extends to the European Economic Area, Switzerland and the United Kingdom. It has a total value of EUR 97.5 million ($ 115 million) plus royalties.
STADA relies on a three-pillar strategy consisting of generics, specialty pharmaceuticals and non-prescription consumer healthcare products. STADA sells products in about 120 countries worldwide. Calliditas is a Nasdaq-listed clinical-stage pharmaceutical company based in Sweden and focusing on the development of orphan drugs.
The McDermott team advising STADA was led by Deniz Tschammler (Commercial/Regulatory, Munich) and Monika Richter (Life Sciences/Licensing, Frankfurt) and worked very closely with STADA’s inhouse team which comprised Christoph C. Dengler (EVP Global Legal / General Counsel), Marcus Heppner (Director Legal Affairs – Global BD&L and M&A) and Friederike Bockmann (Senior Legal Counsel).
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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Powerhouse Global Tax Partners Join McDermott
PRESS RELEASE
Powerhouse Global Tax Partners Join McDermott
July 22, 2021
Read time: 5 min
International law firm McDermott Will & Emery is pleased to announce the additions of Tax partners Jeffrey (Jeff) Maydew and Meaghan A. Wolfe based in Chicago and Michael W. Hardgrove based in Boston. Jeff and Meaghan join from Baker McKenzie where Jeff was Chair of its Global Tax Planning and Transactions Practice Group and was a member of the Management Committee for the firm’s North American Tax Practice. Michael joins from DLA Piper where he was a member of its Global Tax Committee.
“Jeff, Meaghan and Michael are incredible international tax lawyers who understand the value of strong client relationships, and we’re so pleased to add them to our partnership,” said McDermott Chairman Ira Coleman. “Our multinational clients demand sophisticated and experienced advisors as they navigate the ever-increasingly complex tax landscape. Their addition strengthens the Firm’s position as a top-tier global tax practice.”
“For years, we have known and admired these lawyers’ practices and worked collaboratively for mutual clients in some instances. We are thrilled Jeff, Meaghan and Michael have chosen McDermott as their new firm,” said Jane Wells May, global head of the Firm’s Tax practice. “All are tax practitioners of the highest calibre and well known in global markets, and our clients will immediately benefit from their arrival.”
Jeff has more than 20 years’ experience representing multinational organizations in US and international tax matters. He focuses his practice on business taxation, particularly domestic and international tax planning for mergers, acquisitions, spin-offs and other major corporate transactions. He also handles private ruling requests as well as audit and tax controversy matters. Jeff advises clients in the aerospace, automotive, consumer products, defense, e-commerce and pharmaceutical industries.
Jeff noted, “McDermott is well known as a top tax firm, but I’ve also personally collaborated with and highly respect many of the Firm lawyers who I can now call partners. This is a fantastic opportunity to work with top talent across the United States and internationally. While McDermott’s Tax practice strength was a major draw, the Firm’s collegial culture is also an incredible benefit.”
Meaghan represents multinational organizations on US federal income tax matters and international tax planning related to cross-border transactions. She advises on corporate reorganizations, mergers, acquisitions, dispositions and repatriation strategies. Meaghan also assists clients with tax controversy matters and tax dispute resolution.
She added, “I look forward to leveraging the technical experience across our tax network and working with the team around the globe. I am also confident there will be great opportunities to collaborate with colleagues in other areas outside of tax and truly enhance our clients’ businesses.”
Michael focuses his practice on international tax planning, execution and defense strategies related to cross-border reorganizations, intercompany transactions and global business transitions. He advises public and private companies, particularly in the life sciences, industrial products and technology industries on the design and execution of cross-border transactions, including rationalizing legal entities, conversion of business models/supply chains, post-acquisition integration, pre-disposition segregation and intangible property strategies.
Michael stated, “I joined McDermott because of its exceptional reputation and tremendous resources across the Firm’s tax practice, corporate reorganization services and in the technology and life science sectors. I am convinced my move to McDermott will benefit my clients by providing them with the best tax advice and legal services possible.”
McDermott’s Tax practice has made lateral recruitment a key priority and has successfully recruited top tax talent as a result of that focus, including Dominika Korytek in San Francisco, Alex Farr in Dallas and Lindsay Heyen in Chicago. Over the coming months, the Firm will be making additional tax-focused hires around the globe.
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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Two McDermott Lawyers Accepted into ACTEC Mid-Atlantic Fellows Institute
PRESS RELEASE
Two McDermott Lawyers Accepted into ACTEC Mid-Atlantic Fellows Institute
July 21, 2021
Read time: 3 min
International law firm McDermott Will & Emery announced today that associates Max Biedermann in New York and Carl William (Will) Rush in Washington, DC, have been accepted into Class II of the Mid-Atlantic Fellows Institute of the American College of Trust and Estate Counsel (ACTEC).
ACTEC is a national organization of lawyers elected to membership by demonstrating the highest level of integrity, commitment to the profession, competence and experience as trust and estate counselors.
The Mid-Atlantic Fellows Institute was created by ACTEC to develop the profession’s future leaders in trust and estate law through a series of in-depth educational presentations led by outstanding subject matter experts in each field from across the United States The institute includes six sessions for lawyers who were nominated by an ACTEC Fellow and selected through a competitive application process. The program begins in September 2021 and concludes in April 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—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.
