Newsroom Categories: Press release

  • Schulte partners Taleah Jennings and Martin Schmelkin present at EWOB webinar 

    Schulte partners Taleah Jennings and Martin Schmelkin present at EWOB webinar 

    PRESS RELEASE

    Schulte partners Taleah Jennings and Martin Schmelkin present at EWOB webinar 

    September 14, 2023

    Read time: 2 min

    Schulte partners Taleah Jennings and Martin Schmelkin were panelists in a recent webinar hosted by Extraordinary Women on Boards (EWOB) where they discussed the US Supreme Court case Students for Fair Admissions v. Harvard, the significant legal challenges that have emerged in response to efforts for promoting diversity, shareholder derivative and related suits against corporate boards and risk mitigation by board members. 

    Learn more about EWOB. 

    About Us

    Taleah E. Baez

    Senior Partner

    New York – 919 Third Avenue

    Martin L. Schmelkin

    Partner

    New York – 919 Third Avenue

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  • McDermott Represents Iron Path Capital in Acquisition of Gateway Chemicals Ltd.

    McDermott Represents Iron Path Capital in Acquisition of Gateway Chemicals Ltd.

    PRESS RELEASE

    McDermott Represents Iron Path Capital in Acquisition of Gateway Chemicals Ltd.

    September 13, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented private equity firm Iron Path Capital in its acquisition of Gateway Chemicals Ltd. (d/b/a Aldon Corporation), a New York-based private-label manufacturer and distributor to the healthcare, life science and STEM education end markets. Aldon will serve as the first investment under VION Biosciences LLC, Iron Path Capital’s go-forward roll-up platform in the life science sector led by life science industry veteran and former Avantor executive, Mark Thornton. Aldon is a producer of specialty, private-label lab chemicals and chemical contract manufacturing solutions in life science applications, including blending and repackaging capabilities and kitting solutions for healthcare and STEM education systems.

    The McDermott team was led by Hunter Sharp, Krist Werling and Marisa Young and included Josh Cohrs, Jennifer Mikulina, Tom DaMario, Jeff Holdvogt, Alex Ruiz, Dino Ilievski, Jacob Hollinger, Brian Mead, Adam Marks and Abby Higgins.

    David Ivill and Krist Werling are the relationship partners for Iron Path Capital.

    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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Hunter R. Sharp

    Partner

    Chicago

    Kristian A. Werling

    Partner

    Chicago

    Joshua A. Cohrs

    Associate

    Dallas

    Jeffrey M. Holdvogt

    Partner

    Chicago

    Alejandro Ruiz

    Partner

    San Francisco

    Jacob Hollinger

    Partner

    New York – One Vanderbilt Avenue

    Brian Mead

    Partner

    Chicago

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  • McDermott Represents H.I.G. Capital in Close of Record $5.5 Billion H.I.G. Middle Market LBO Fund IV

    McDermott Represents H.I.G. Capital in Close of Record $5.5 Billion H.I.G. Middle Market LBO Fund IV

    PRESS RELEASE

    McDermott Represents H.I.G. Capital in Close of Record $5.5 Billion H.I.G. Middle Market LBO Fund IV

    September 13, 2023

    Read time: 3 min

    McDermott Will & Emery represented H.I.G. Capital, a leading global alternative asset management firm with $58 billion of capital under management, in the formation of H.I.G. Middle Market LBO Fund IV (the Fund).

    The Fund closed with aggregate capital commitments of $5.5 billion, in addition to co-investment separately managed accounts of $450 million, significantly exceeding its original target. The Fund will primarily make control equity investments in complex situations in U.S. middle market companies with asymmetric risk/reward profiles and a differentiated value proposition.

    The McDermott team was led by partner Ian Schwartz, head of the Firm’s Investment Funds Group, and included partner David Nestler and associates Lauren Nevidomsky, Rafa Calatrava, Alissa Cardillo, Matthew Stern, and Lauren Dehasque and other team members Jonathan Chasin and Jordan Greene. Partners Alex Ruiz and Kevin Hall and associates Kwabena Yeboah and Anthony Teng advised on tax matters. Partner Todd Solomon advised on ERISA matters.

    McDermott’s Investment Funds Group is a global leader representing investment fund sponsors and institutional investors providing sophisticated counsel to its clients across the full spectrum of investment fund issues and transactions. The Investment Funds Group is embedded in McDermott’s global private equity practice with lawyers who serve as lead counsel to institutional investors and investment funds through their full lifecycle.

    Read H.I.G.’s press release.

    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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Ian M. Schwartz

    Partner

    New York – One Vanderbilt Avenue

    David Nestler

    Partner

    New York – One Vanderbilt Avenue

    Lauren Nevidomsky

    Partner

    New York – One Vanderbilt Avenue

    Alissa Cardillo

    Partner

    New York – One Vanderbilt Avenue

    Matthew Stern

    Associate

    New York – One Vanderbilt Avenue

    Alejandro Ruiz

    Partner

    San Francisco

    Kevin Hall

    Partner

    Miami

    Anthony Teng

    Associate

    New York – One Vanderbilt Avenue

    Todd A. Solomon

    Partner

    Chicago

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  • Schulte partner Kelly Koscuiszka appears on Nasdaq TradeTalks

    Schulte partner Kelly Koscuiszka appears on Nasdaq TradeTalks

    PRESS RELEASE

    Schulte partner Kelly Koscuiszka appears on Nasdaq TradeTalks

    September 11, 2023

    Read time: 2 min

    Schulte Roth & Zabel partner Kelly Koscuiszka appeared on Nasdaq TradeTalks to discuss the SEC’s new Private Fund Advisers Rules with host Jill Malandrino. Kelly explained the rules’ new requirements, how the rules changed from the original 2022 proposal and the impact on investors.

    Watch the interview.

    About Us

    Kelly Koscuiszka

    Partner

    New York – 919 Third Avenue

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  • McDermott Recognized with Two LMG Life Sciences Americas Awards

    McDermott Recognized with Two LMG Life Sciences Americas Awards

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Recognized with Two LMG Life Sciences Americas Awards

    September 8, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce that partner William (Bill) Gaede has been named General Patent Litigator of the Year – California as part of the LMG Life Sciences Americas Awards 2023. The Firm was also honored within the Patent Impact Case of the Year – United States category for its lead role in Natera v ArcherDX, Inc.

    Bill is head of McDermott’s Global Intellectual Property Practice Group and focuses his practice on intellectual property litigation in the life sciences and medical device industries. He serves as lead counsel for a wide range of companies and research institutes and has extensive experience in litigating life science technologies such as antibodies, proteins, small molecules and diagnostics. In addition to his jury trial experience, Bill has argued before the US Circuit Court of Appeals for the Federal Circuit.

    Separately, a McDermott Intellectual Property Litigation team that won a $19M jury trial verdict in favor of Natera Inc. for patented diagnostic methods to detect and monitor cancer was recognized as a Patent Impact Case of the Year.  The team was led by partners Bill Gaede, Bhanu Sadasivan, Sarah Columbia and Mandy Kim.

    Finally, three additional McDermott IP lawyers were shortlisted in the following award categories:

    The LMG Life Sciences Americas Awards, now in its eleventh year, are presented to firms, individuals and corporations behind the most innovative and challenging legal work across life sciences industries from the past year, as well as those driving the international market.

    View the full list of winners.

    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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    William Gaede

    Partner

    Silicon Valley, San Francisco

    Thomas P. Steindler

    Partner

    Washington, DC

    Mandy H. Kim

    Partner

    Orange County, Los Angeles

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  • McDermott Advises European Depositary Bank on Financing for econnext, an Investment Platform Supporting UN Sustainable Development Goals

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises European Depositary Bank on Financing for econnext, an Investment Platform Supporting UN Sustainable Development Goals

    September 8, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented the European Depositary Bank S.A. on its financing of a revolving credit facility provided to econnext AG,”), a ClimateTech Holding Company with a focus on decarbonisation and circular economy.

    Founded in 2016, econnext holds majority positions in a group of subsidiaries that are dedicated to creating a long-term, profitable and scalable positive impact on the environment in line with the UN Sustainable Development Goals (“SDGs”). European Depositary Bank SA is part of the Apex Group. As an independent provider free from institutional influences, it can deliver an agile and responsive cross-jurisdictional service in an ever-changing regulatory environment.

    McDermott’s cross-border team was led by partner Aymen Mahmoud and included partner Ludwig Zesch (Frankfurt), senior associate Nicholas Jupp with associates Michael Spirk (Frankfurt), Bethany Drayton and Laura Sollacher (Frankfurt).

    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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Aymen Mahmoud

    Partner

    London – 22 Bishopsgate

    Ludwig Zesch

    Partner

    Munich

    Michael Spirk

    Associate

    Frankfurt

    Bethany Drayton

    Associate

    London – 22 Bishopsgate

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  • McDermott Represents BDO USA in Formation of Employee Stock Ownership Plan

    McDermott Represents BDO USA in Formation of Employee Stock Ownership Plan

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents BDO USA in Formation of Employee Stock Ownership Plan

    September 6, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery represented BDO USA, one of the nation’s leading accounting and advisory firms, in the formation of its Employee Stock Ownership Plan (ESOP). By virtue of its complexity and size, the transaction required McDermott lawyers to address contractual, structural, finance and regulatory matters on both federal and state levels. BDO USA is the first large public accounting firm to implement an ESOP, which will:

    • Advance BDO’s purpose-driven investment, growth and long-term sustainability while putting its people first.
    • Cover more than 10,000 participating employees, making it one of the largest ESOPs in the country.
    • Showcase BDO’s innovation in the accounting industry and support its goal to be an employer of choice.

    “The ESOP will allow employee participation in company value and expansion through long-term growth, a reflection of BDO’s commitment to its people,” said Allison Wilkerson, partner in the Employee Benefits & Compensation Practice Group at McDermott and co-lead on the deal. “McDermott’s long history advising on ESOPs was instrumental in managing a transaction of this size to deliver an industry-leading benefit to all of BDO’s people.”

    McDermott also advised BDO on the debt financing structure and ESOP transaction, arranged by Apollo Capital Solutions, and anchored by certain funds managed by affiliates of Apollo. The ESOP and related transactions became effective August 31, 2023.

    The McDermott team was led and supervised by Michael Poulos, with the contract team led by Harris Siskind, the ESOP team led by Allison Wilkerson, the regulatory team led by Seth Friedman, Allyson Riemma, Christina Martini and Nicole Figueroa, and the finance team led by Michael Boykins.

    Read BDO’s announcement.

    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 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    You may also like

  • McDermott Boosts Transactions Practice with New Real Estate Finance Partner in London

    McDermott Boosts Transactions Practice with New Real Estate Finance Partner in London

    PRESS RELEASE

    McDermott Boosts Transactions Practice with New Real Estate Finance Partner in London

    September 6, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to welcome partner Usman Khan to our Transactions Practice Group in London.

    “Expanding the Firm’s real estate offerings in London, a key sector hub, is a strategic investment in our full-service global real estate platform,” said Harris Siskind, global head of the Transactions Practice Group. “Usman brings significant experience advising lenders, private equity funds and real estate investment companies, which complements our wider practice and, in particular, adds value to our clients with real estate investments in the UK, Europe and the Middle East.”

    Usman focuses on domestic and international banking and finance, with a focus on real estate finance including senior and mezzanine investment, hotel financing, development financings, repurchase agreements, loan-on-loan financings, and Shariah-compliant financings. In addition, he advises on international matters in the Middle East and emerging markets.

    He acts on behalf of banking institutions, private equity sponsors, credit funds, sovereign wealth funds and other real estate investors.

    “We are excited to welcome Usman to our office,” said Hamid Yunis, managing partner of the London office. “He is an accomplished lawyer with an impressive track record and is a great fit with our culture – his practice provides terrific synergies with our private equity, finance and real estate groups both in London and across our international network.”

    “McDermott has a strong reputation in the global legal market, an excellent international platform and an established US and European real estate offering,” Usman said. “I very much look forward to working with my new colleagues in the UK and across the Firm, and am excited to broaden the Firm’s real estate offering.”

    Usman’s appointment complements recent real estate additions, including Elena Otero (Miami); David Herman, Billy Hildbold and Megan Vallerie (New York); and Johannes Honzen (Frankfurt.)

    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 1,400 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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  • Schulte Roth & Zabel Bolsters M&A and Securities Group With Addition of David Curtiss

    Schulte Roth & Zabel Bolsters M&A and Securities Group With Addition of David Curtiss

    PRESS RELEASE

    Schulte Roth & Zabel Bolsters M&A and Securities Group With Addition of David Curtiss

    September 6, 2023

    Read time: 3 min

    Schulte Roth & Zabel is proud to announce the addition of David Curtiss as a partner in the M&A and Securities Group in New York.

    David has extensive experience handling a wide variety of capital markets transactions, representing sponsors, companies, bondholders and underwriters in private preferred equity and PIPE investments, in and out-of-court restructuring transactions, exchange offers, leveraged buyouts, initial public offerings, follow-on equity offerings, high-yield debt offerings, SPAC transactions and investment-grade debt offerings.

    “David will have an immediate impact on our securities capabilities, including in PIPEs, converts and 144A transactions, as well as across our Investment Management, Shareholder Activism, M&A and Business Reorganization practices. We’re very excited for him to join the team,” said Ele Klein, co-chair of the M&A and Securities and Shareholder Activism groups.

    “David has a high level of sophisticated experience that will be a great benefit to a wide range of our private capital clients,” said David Efron, Schulte’s co-managing partner. “In addition, his background in restructurings, chapter 11 cases, exchange offers and advising creditors and debtors will further bolster our Special Situations team.”

    “Schulte is well respected in the industry for its sophisticated and cutting-edge client base, and its collaborative and focused work on their behalf,” said David Curtiss. “I’m thrilled to be part of the team.”

    David’s move to Schulte is a continuation of significant focused lateral growth for the firm, which has recently included John Nowak (Litigation), Julia Beskin (Litigation), Christopher Gerson (Litigation), Timothy Gilman (Litigation) and Dan Roman (Tax).

    David graduated from Gettysburg College with a B.A. in Political Science and obtained his J.D. from American University Washington College of Law.

    About Us

    David A. Curtiss

    Partner

    New York – 919 Third Avenue

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  • McDermott Named to The National Law Journal’s Appellate Hot List 2023

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Named to The National Law Journal’s Appellate Hot List 2023

    September 1, 2023

    Read time: 3 min

    WASHINGTON, D.C. – September 1, 2023 – International law firm McDermott Will & Emery is pleased to announce it has once again been named to The National Law Journal’s Appellate Hot List 2023. This is the fifth time overall that the Firm has been honored with the recognition.

    Co-led by partners Paul Hughes and Michael Kimberly, McDermott’s Supreme Court and Appellate Litigation Practice Group is a team of highly experienced appellate lawyers who have won major appellate victories in courts throughout the country. Together, Michael and Paul have presented 18 arguments in the U.S. Supreme Court, appearing in each of the last eight terms.

    The National Law Journal‘s annual Appellate Hot List highlights law firms that have handled exemplary appellate matters. Honorees have had at least one significant appellate win since January 2022 and possess an impressive appellate track record overall.

    You can view the full list of 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 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.

    Paul W. Hughes

    Partner

    Washington, DC

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