DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Westlawn Group LLC and Ellipsis US Onshore Holdings LLC in its Acquisition of Multiple Onshore US Basins
January 3, 2024
Read time: 3 min
International law firm McDermott Will & Emery represented Westlawn Group LLC (Westlawn), an investment firm focused on long-term investment in the global oil and gas industry, and a subsidiary of Westlawn, Ellipsis US Onshore Holdings LLC (Ellipsis), a Dallas-based private energy company focused on the acquisition and development of large producing oil and gas assets in the United States (US), in Ellipsis’ acquisition of non-operated oil and gas assets located in multiple onshore US basins.
The assets acquired consist of non-operated oil and gas assets with current production of more than 6,000 boe/d (2-stream) and significant operational upside associated with approximately 550 gross remaining locations. The assets are located in the Permian Basin of Texas and New Mexico, the Denver-Julesburg Basin of Colorado and the Texas-Louisiana Salt Basin of Louisiana. Pro forma, Ellipsis anticipates 2024 production to average in excess of 13,000 boe/d (2-stream) with more than 1,900 remaining gross locations in inventory.
The McDermott deal team was led by Kevin Brophy, Ming Lei and Jack Langlois and included Sarah Nabors, Alex Farr, Kathy Schumacher and Jacob Hollinger.
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 1,400 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’s Jeffrey Stone Elected as The American Law Institute New Member
AWARDS & RANKINGS / PRESS RELEASE
McDermott’s Jeffrey Stone Elected as The American Law Institute New Member
January 2, 2024
Read time: 3 min
International law firm McDermott Will & Emery is pleased to announce partner Jeffrey Stone has been elected as a new member of The American Law Institute (ALI).
Jeffrey has served as chairman of the Firm, global head of McDermott’s Trial Group and head of the White-Collar & Securities Defense Group. He has tried more than 40 federal and state jury trials to verdict, in addition to having tried dozens of bench trials, arbitrations and contested regulatory hearings.
ALI is the leading independent US organization producing scholarly work to clarify, modernize and improve the law. The election of an individual to ALI begins with a confidential nomination by an ALI member that is supported by two additional ALI members. Members propose individuals who demonstrate excellence in the law, are of high character, and will contribute to the work of the Institute and commit to its mission.
A Fellow and Regent of the American College of Trial Lawyers, Jeffrey concentrates his practice on white-collar criminal defense, complex commercial litigation, internal investigations and counseling to boards of directors and senior business executives. In his more than 40 years as a trial lawyer, he has represented corporations, boards of directors, board committees, executives and other individuals in a variety of complex civil litigation and criminal prosecutions involving a broad range of industries, including healthcare, manufacturing, tobacco, high technology and financial services.
Jeffrey is consistently named one of the top 10 Lawyers in Chicago and now adds ALI member to his long list of accomplishments.
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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott advised ANTABIO on its Series B financing
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott advised ANTABIO on its Series B financing
December 12, 2023
Read time: 3 min
McDermott Will & Emery has advised ANTABIO, a clinical stage biopharmaceutical company developing novel treatments for severe drug-resistant bacterial infections, on its Series B financing.
Investors include the AMR Action Fund and the European Innovation Council (EIC) Fund.
The financing will be used to support the clinical development of MEM-ANT3310, a next generation antibacterial combination currently in phase 1 trials.
The McDermott team that advised Antabio comprised: *
- Anthony Paronneau, partner, Natacha Vasak and Alice Villagrasa, associates
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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott advised Andera Acto on its investment in the Imagerie Cardinet Group
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott advised Andera Acto on its investment in the Imagerie Cardinet Group
December 6, 2023
Read time: 3 min
McDermott has advised Andera Acto on its investment in the Imagerie Cardinet group, a medical imaging group offering a complete range of care, with recognised specialities in imaging women, couples and children.
Andera Acto’s support will enable the Imagerie Cardinet group to finance its development. In the context of the transaction, seven new radiologists integrate the partners team of the Group, which is held at approx.. 95% by medical practitionners.
The McDermott Will & Emery team that advised Andera Acto comprised:
- Grégoire Andrieux, Partner, Maxime Fradet, Counsel, Margot Rousseau, Associate, on Corporate aspects
- Pierre-Arnoux Mayoly, partner, Hugo Lamour and Clarisse de Roux, associates, on Financing aspects
- Côme de Saint-Vincent, counsel, on tax law 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 solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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McDermott advised Activa Capital on its investment in MAD
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott advised Activa Capital on its investment in MAD
November 28, 2023
Read time: 3 min
McDermott Will & Emery has advised Activa Capital on its investment in MAD, a leading strategy consultancy for the luxury goods industry. In this transaction, Activa Capital becomes a minority shareholder alongside the founders and managers.
On the strength of this operation, MAD intends to double in size within the next 4 years by pursuing its strong organic development, its international expansion (the planned opening of offices in Milan, New York and Dubai will complement the group’s Franco-Chinese presence), while strengthening its offer in CSR and supply chain, Data and AI expertise, to become the only “one stop shop” player in the Luxury goods industry.
In particular, this operation will enable some fifteen key managers to acquire a stake in MAD, thus guaranteeing the Group’s managerial continuity, while retaining its entrepreneurial DNA and strong customer focus.
Activa Capital, which specializes in supporting SMEs through primary transactions, and which on this occasion is carrying out the 6th transaction of its latest Activa Capital Fund IV vehicle, will bring all its know-how to the deployment and structuring of MAD’s strong growth.
The McDermott team advising Activa Capital included :
- Henri Pieyre de Mandiargues, partner, Herschel Guez, counsel, Elodie Pieraggi and Margot Rousseau, associates on the corporate aspects of the transaction,
- Shirin Deyhim, counsel and Camille Judas, associate on the financing 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 solutions that propel success. More than 1,400 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 Recognized in Global Investigations Review’s GIR 100 for the First Time
AWARDS & RANKINGS / PRESS RELEASE
McDermott Recognized in Global Investigations Review’s GIR 100 for the First Time
December 22, 2023
Read time: 4 min
December 22, 2023 – International law firm McDermott Will & Emery’s global investigations & compliance practice has been recognized for the first time in Global Investigations Review’s GIR 100 2023, an annual guide to the world’s leading law firms for corporate investigations. This recognition is a testament to the McDermott team’s track record advising on some of the most significant and complex corporate and compliance investigations in the market.
Acknowledging the strategic growth and expansion of the practice, the report notes that the “firm’s internationality is well-reflected in its investigations and compliance team, which includes partners in the United States, United Kingdom, France and Italy and individuals whose professional experience encompasses many major markets, including in the Middle East, Latin America, Africa and Asia.”
Lawyers highlighted in the editorial:
- Simon Airey, a London partner and global co-head of the practice. Simon is nominated as a Global Leader in Who’s Who Legal: Investigations, and he is noted for “experience and a wide-ranging practice that connects him to diverse industries and requires interaction with UK enforcement agencies on high-profile matters.”
- Julian André, a Los Angeles partner and former federal prosecutor with six years of experience as an assistant US attorney.
- Fabio Cozzi, a Milan partner and notable new arrival who joined the Firm in April 2023 and leads the Italian dispute resolution practice.
- Nicolette Kost De Sèvres, a Paris partner and global co-head of the practice. Nicolette is a former financial regulator and general counsel. She is noted for her wide-ranging practice in Europe, Asia Pacific, the United States and Canada, “giving her rich anti-corruption, investigations, and compliance experience to draw from. Multinational corporates and global financial institutions look to her with confidence.”
- Edward Diskant, a New York partner and former federal prosecutor with nearly a decade of experience at the US Attorney’s Office for the Southern District of New York, where he was chief of the public corruption unit. GIR notes that Ted “brings lots of trial experience to the table.”
- Joseph Evans, a New York partner who heads a dedicated crypto litigation and regulatory defense team.
- Gordon Greenberg, a Los Angeles partner and former chief of financial investigations in the US Attorney’s Office for the Central District of California, who anchors the practice on the US West Coast.
- Todd Harrison, a New York partner who previously served as a prosecutor in Brooklyn. Todd also “brings lots of trial experience to the table” and counts cryptocurrency as one of his areas of focus.
ABOUT GIR 100
The GIR 100 2023 ranking research timeframe runs from April 2023 to November 2023 and is based on questionnaires sent out by the GIR 100 research team to hundreds of law firms, seeking input on the history of their practices, notable past cases, key names to know and any other characteristics worth highlighting.
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 1,400 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 Recognized in Global Restructuring Review’s GRR 100 2023
AWARDS & RANKINGS / PRESS RELEASE
McDermott Recognized in Global Restructuring Review’s GRR 100 2023
December 22, 2023
Read time: 4 min
December 22, 2023 – International law firm McDermott Will & Emery’s business restructuring practice has once again been recognized in Global Restructuring Review’s GRR 100, an annual guide to the world’s leading law firms for cross-border restructuring and insolvency matters. McDermott is listed among the top 156 firms from 41 jurisdictions. The team is described as having “an even stronger presence across the United States and Europe” following growth and expansion in 2020 and 2021.
McDermott’s lawyers recommended by GRR 100:
- Darren Azman
- Mark Fennessy
- Timothée Gagnepain
- Felicia Gerber Perlman
- Bradley Giordano
- Dr. Uwe Goetker
- Dr. Matthias Kampshoff
- Peter Lu
- Aymen Mahmoud
- Sunay Radia
- Marcia Shekerdemian KC
Clients have stated:
- “McDermott’s involvement invariably eases our navigation of complex issues.”
- “McDermott is not only responsive to our requirements, but regularly pre-empts them.”
- “In taking stock of the different phases and objectives of our business through time, they’ve developed an understanding of, and sensitivity to, our requirements that allows for an unparalleled ease of engagement with them.”
The GRR 100 recognition builds on other key accolades the team received during the past year, including:
- Turnarounds & Workouts 2023, named to the list of European Restructuring Practices of US Law Firms
- Best Law Firms 2024, ranked US: National Tier 1 for Bankruptcy / Insolvency and Reorganization Law
- Chambers Europe 2023, ranked in Germany and France for Restructuring/Insolvency
- The Legal 500 UK 2024, ranked in London for Corporate Restructuring & Insolvency
ABOUT GRR 100
The GRR 100 2023 rankings research timeframe runs from March 2023 to November 2023 and is based on questionnaires sent out by the GRR 100 research team to hundreds of law firms, seeking input on the history of their restructuring and insolvency practices, notable past cases, key names to know and any other characteristics worth highlighting.
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 1,400 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 Aon Plc in its $13.4 Billion Acquisition of NFP
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Represents Aon Plc in its $13.4 Billion Acquisition of NFP
December 20, 2023
Read time: 3 min
International law firm McDermott Will & Emery represented Aon plc (Aon), a leading global professional services firm, in its acquisition of NFP, a leading middle market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP’s main capital sponsor, Madison Dearborn Partners, and also from funds affiliated with HPS Investment Partners. The purchase price is an estimated $13.4 billion at the time of closing, including $7 billion of cash and $6.4 billion of Aon stock.
The transaction expands Aon’s presence in a large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm’s Aon Business Services platform to deliver more value to clients. NFP will operate as an independent but connected platform, going to market as “NFP, an Aon company.”
The McDermott team was led by Michael Byrne, Andrea Best and Amber Adair and included Marisa Young, David Solander, Eugene Goldman, Kristen Hazel, John Lutz, Andrew Granek, Mimi Alexandre, Erin Kelly, Sarah Raaii, Peg Warner, Lisa Kaderabek and Andrew Liazos.
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 1,400 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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Energy Project Finance Dealmaker Joins McDermott in New York
PRESS RELEASE
Energy Project Finance Dealmaker Joins McDermott in New York
December 20, 2023
Read time: 3 min
International law firm McDermott welcomes Jeeseon Ahn as a partner in its Transactions Practice Group in New York. Jeeseon brings strong lender-side project finance experience to the Firm as energy and project finance deal volume continues to grow in the wake of the Inflation Reduction Act and in conjunction with an increase in energy transition initiatives globally. Jeeseon joins from Milbank.
“We see a growing trend in private credit clients seeking investment opportunities across renewable energy, energy transition, renewable natural gas and carbon capture projects,” said Edward Zaelke, global co-head of the Firm’s Energy & Project Finance Practice Group. “Jeeseon’s experience advising institutional lenders with innovative structures will add incredible talent to a high-demand area for our clients.”
Jeeseon represents both financial institutions and sponsors in domestic and cross-border projects and structured financings, investments and other transactions. She counsels clients in the United States and abroad on high-value projects and matters in the energy and infrastructure sectors, including renewable and conventional power, oil and gas, mining and digital infrastructure. Fluent in Korean, she will further expand relationships with clients doing business with counterparts in Korea, a key market for inbound and outbound energy transactions.
Jeeseon also has significant experience representing export credit agencies and multilateral development banks on cross-border infrastructure projects in Latin America and Asia.
“McDermott has built one of the largest full-service energy and project finance practices, with continued growth plans attracting top-tier energy clients and headline deals,” Jeeseon said. “I am excited to contribute my project finance experience and skill to further expand the Firm’s already robust offerings.”
McDermott 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 1,400 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 Edelmann on Refinancing
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Advises Edelmann on Refinancing
December 15, 2023
Read time: 3 min
Munich, December 15, 2023 – McDermott Will & Emery has advised German packaging producer Edelmann Group on its refinancing. The financing was arranged by Commerzbank. In total a bank consortium of six banks was involved.
The Edelmann Group, a family-owend business since 1913, is a producer of high-quality packaging solutions and patient information leaflets made of cardboard and paper for the health care, beauty care and consumer brands sectors. The company has more than 3,000 employees in Germany, Mexico, Brazil, Eastern Europe, India and China, and generates a revenue of more than €300 million.
The McDermott team was led by Ludwig Zesch and included partner Uwe Goetker, counsel Marcus Fischer as well as associates Tim Becker and Eva Kanela.