Newsroom Categories: Press release

  • McDermott Advises Atruvia AG on the Acquisition of ECON Application GmbH

    McDermott Advises Atruvia AG on the Acquisition of ECON Application GmbH

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Atruvia AG on the Acquisition of ECON Application GmbH

    July 3, 2023

    Read time: 3 min

    Frankfurt, July 3, 2023 – McDermott Will & Emery advised Atruvia AG on the acquisition of the fintech company ECON Application GmbH.

    The ECON Application Suite, the first no-code software for financial institutions, is to be integrated into Volksbanken und Raiffeisenbanken’s financial platform by 2024.

    ECON Application GmbH, based in Frechen near Cologne, was founded in 2016 and develops and sells no-code software for easy creation and configuration of digital sales processes in the financial industry.

    Atruvia AG is the digitization partner in the cooperative FinanzGruppe. With more than 9,000 employees, the company generates annual consolidated revenue of around EUR 1.82 billion.

    The McDermott team led by partner Dr Michael Cziesla regularly advises Atruvia AG on corporate transactions in the technology sector.

    The McDermott team was led by partner Dr Michael Cziesla and counsel Dr Christian Marzlin, and included partners Dr Christian Masch, Dr Thomas Gennert, Dr Maximilian Clostermeyer, Dr Oliver Lieth, Dr Heiko Kermer, counsel Marcus Fischer as well as associates Isabelle Suzanne Müller, Lisa Schickling, Simon Apelojg, Lisa Scheipers, Hannah Henseling and Matthias M. Bosbach.

    About Us

    Dr. Christian Marzlin

    Partner

    Frankfurt

    Dr. Thomas Gennert

    Partner

    Düsseldorf

    Dr. Heiko Kermer

    Partner

    Frankfurt

    Marcus Fischer

    Counsel

    Frankfurt

    Isabelle Suzanne Gvero

    Counsel

    Frankfurt

    Matthias Bosbach

    Associate

    Düsseldorf

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  • McDermott Achieves 14th Consecutive Band 1 Healthcare National Ranking from Chambers USA

    McDermott Achieves 14th Consecutive Band 1 Healthcare National Ranking from Chambers USA

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Achieves 14th Consecutive Band 1 Healthcare National Ranking from Chambers USA

    June 29, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce its Healthcare Practice Group has again received a nationwide Band 1 ranking in the 2023 edition of Chambers USA. This marks the 14th year in a row the firm has secured a Band 1 ranking for its leading healthcare practice.

    The Healthcare Group also earned state-level rankings in California, District of Columbia, Florida, Illinois, Massachusetts and New York. Overall, the Firm had 41 Chambers USA recommended healthcare lawyers, comprising over 50 percent of the practice partnership, and with more individual rankings than any Band 1 or 2 competitors in the healthcare category.

    “It is an honor for our entire Healthcare Group to have achieved the elite ranking from Chambers for 14 years in a row,” said Jerry Sokol, McDermott’s Global Head of Healthcare. “It is a testament to the hard work so many have put in to establish McDermott as the leading healthcare firm providing the highest quality service to our clients on a global scale.”

    According to Chambers, McDermott is “a well-established and highly respected healthcare powerhouse which handles complex, multijurisdictional transactions for high-profile clients. Their large and impressively versatile team offers well-honed expertise in all areas of healthcare law, including data privacy matters, government investigations and a wide range of issues affecting health insurers and providers.”

    Chambers also relies heavily on client feedback in determining their rankings, with clients and peers describing the practice as “…best in the country,” and “…the best attorneys I have worked with in terms of their ability to handle complex and sophisticated matters.” Another client referee noted McDermott is “a thorough and fast firm” with “high quality counsel and a deep bench in healthcare.”

    Of the Firm’s 41 Chambers USA recommended healthcare lawyers, 12 were ranked in Band 1 including: Ira Coleman, Jerry Sokol, Stephen Bernstein, Bernadette Broccolo, Charles Buck, John Callahan, Gary Scott Davis, Christopher Jedrey,  James Owens, Michael Peregrine, Lester J. Perling and Kerrin Slattery. This makes McDermott home to twice the number of Band 1-ranked lawyers than any other firm recognized in Chambers’ top Health categories.

    McDermott is the nation’s leading health law firm and is the only health practice to receive the ‘Triple Crown’ of recent awards including Chambers USA ‘Healthcare Team of the Year,’ Law360’s ‘Practice Group of the Year’ and US News-Best Lawyers’ ‘Best Law Firms,’ as well as top national rankings from Chambers USA, The Legal 500 US and Law360. McDermott has also received top rankings in PitchBook’s League Tables as the most active firm for healthcare private equity since 2017.

    ABOUT CHAMBERS USA

    Chambers USA rankings and editorial commentary are based on independent research, and interviews with clients and other purchasers of legal services. Chambers & Partners is one of the premier directories for legal services and in a survey of 20,000 in-house counsel over half reported that their directory of choice when reviewing law firms and individual lawyers is Chambers & Partners.

    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.

    Ira J. Coleman

    Chairman

    Miami

    Jerry J. Sokol

    Partner

    Miami

    Charles R. Buck

    Partner

    Boston

    John M. Callahan

    Partner

    Chicago

    Gary Scott Davis PA

    Senior Counsel

    Miami

    Kerrin B. Slattery

    Partner

    Chicago

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  • McDermott Represents Westlawn Group and Ellipsis US Onshore Holdings in Acquisition of Oil and Gas Non-Operated Assets in Delaware Basin

    McDermott Represents Westlawn Group and Ellipsis US Onshore Holdings in Acquisition of Oil and Gas Non-Operated Assets in Delaware Basin

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Westlawn Group and Ellipsis US Onshore Holdings in Acquisition of Oil and Gas Non-Operated Assets in Delaware Basin

    June 29, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Westlawn Group LLC, a private investment firm based in Houston, TX focused on long-term investment in the global oil and gas industry (“Westlawn”), in the acquisition by Ellipsis US Onshore Holdings LLC, an affiliate of Westlawn (“Ellipsis”), of non-operated oil and gas properties in the Delaware Basin of Texas and New Mexico. The assets acquired by Ellipsis have current production of more than 4,500 boe/d (2-stream) with significant operational upside associated with approximately 250 gross remaining locations. Ellipsis was formed by Westlawn to pursue the acquisition and development of large, producing oil and natural gas assets in the United States.

    The McDermott deal team was led by Kevin Brophy and Jack Langlois and included Ming Lei, Sarah Nabors, Alex Farr and Jacob Hollinger.

    Read Westlawn’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.

    Jacob Hollinger

    Partner

    New York – One Vanderbilt Avenue

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  • Sabine Naugès Named International Trade Lawyer of the Year at Euromoney’s EMEA Women in Business Law Awards 2023

    Sabine Naugès Named International Trade Lawyer of the Year at Euromoney’s EMEA Women in Business Law Awards 2023

    AWARDS & RANKINGS / PRESS RELEASE

    Sabine Naugès Named International Trade Lawyer of the Year at Euromoney’s EMEA Women in Business Law Awards 2023

    June 29, 2023

    Read time: 5 min

    PARIS (June 29, 2023) – International law firm McDermott Will & Emery is delighted to announce that Paris-based partner Sabine Naugès has been named International Trade Lawyer of the Year at Euromoney’s EMEA Women in Business Law Awards 2023 held in London on June 28th.

    Sabine counsels clients on all aspects of public law, including administrative and regulatory, competition and constitutional law. She also regularly represents major companies with interests in a wide range of industries, including aerospace, energy, oil and gas, and public health care, before the French government and in litigation, in a range of regulatory and administrative matters.

    McDermott and eight of the Firm’s lawyers were additionally shortlisted in the following categories:

    • Career Development International Firm of the Year
    • France Firm of the Year
    • Germany Firm of the Year
    • UK Firm of the Year
    • Diana Hund, Private Equity Lawyer of the Year
    • Nicolette Kost De Sévres, White Collar Crime Lawyer of the Year
    • Charlotte Michellet, Rising Star: Litigation
    • Renate Prinz, Financial Regulation Lawyer of the Year
    • Amira Shaker, Wealth Management Lawyer of the Year
    • Priya Taneja, Debt Capital Markets Lawyer of the Year
    • Emmanuelle Trombe, Life Sciences Lawyer of the Year
    • Giulia Venanzoni, Rising Star: Finance

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

    Read more about the honorees.

    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.

    Sabine Naugès

    Partner

    Paris

    Diana Hund

    Partner

    Paris

    Nicolette Kost De Sèvres

    Partner

    Washington, DC, Paris

    Priya Taneja

    Partner

    London – 22 Bishopsgate

    Giulia Venanzoni

    Counsel

    London – 22 Bishopsgate

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  • Bourse McDermott Will & Emery X Fulbright : 2024 Scholarships

    PRESS RELEASE

    Bourse McDermott Will & Emery X Fulbright : 2024 Scholarships

    28 juin 2023

    Read time: 5 min

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

    One month ago, the candidates shortlisted by the Fulbright Commission after a double pre-selection process, presented themselves before a jury composed of several partners of the firm and the internal recruitment & careers’ director. They were able to present their academic and professional projects.

    The firm, and particularly the members of the jury, are delighted to announce that, for this 4th edition of the partnership with the Fulbright program, two laureates have once again been selected. They are Alice Chen, specializing in finance and currently a lawyer at the Caisse des Dépôts et Consignations, before joining New York University, and Hugo Deloche, a graduate of the Magistère Juriste d’Affaires – DJCE program at the University Paris-Panthéon-Assas, who will be joining Boston University. The excellence of their academic backgrounds, their personalities, and the expressed ambitions were decisive factors in the jury’s choice.

    “The students we received this year were remarkable, both in terms of their academic achievements, their commitment to various projects, and their personalities. Just like last year, we have decided to select two laureates to reward both this spirit of excellence cherished by the firm and an already exceptional experience,” commented Sabine Naugès, McDermott partner on behalf of the jury members.

    The jury was composed of:

    • Romain Desmonts, Nicolette Kost de Sèvres and Sabine Naugès, partners at McDermott Will & Emery in Paris
    • Ana Cristina Barriendo Escuin, Director of Recruitment, Careers and Training, McDermott Will & Emery, Paris

    About the winners:

    Alice Chen holds two Master’s degrees, one in Banking and Financial Law and another in Business Law from the University Paris II Panthéon-Assas. She has completed several internships in companies, banks, and leading international law firms.

    Fluent in three languages, Chinese, French, and English, her involvement in student associations during her studies at the University Paris V Descartes (Start Project, Legal Clinic, and tutoring) continued at Assas, where she served as the president of the Banking and Financial Law Master’s Association. Her goal is to become a lawyer in the United States. Passionate about exploring new cultures, she wishes to be immersed in a new environment and work on international cases in banking and financial law.

    Hugo Deloche studied law at the Université Panthéon-Assas Paris II. He completed the DJCE combined with two additional diplomas. He also followed a MOOC in arbitration law at the University of Montpellier. Last year, he spent a year in Oxford, and has completed several internships in companies and law firms.

    Passionate about hip-hop, Hugo used to teach this dance and was a member of the Oxford Dance Society during his time in England. Alongside his passion for hip-hop, Hugo has always been very involved in the University’s associative life: member of the board of the Clinique juridique d’Assas; member of the team that took part in the “Vis Moot”, an annual arbitration competition in Vienna; member of the Ecole de droit, an association aimed at strengthening links between students, developing teamwork and problem-solving; and finally member of the Oxford Law Society. His ambition is to pass the bar in New York or California.

    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.

    Nicolette Kost De Sèvres

    Partner

    Washington, DC, Paris

    Romain Desmonts

    Partner

    Paris

    Sabine Naugès

    Partner

    Paris

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  • McDermott Adds Seasoned Privacy and Cybersecurity Partner

    PRESS RELEASE

    McDermott Adds Seasoned Privacy and Cybersecurity Partner

    June 27, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce the addition of Stephen Reynolds to the Firm’s Regulatory Practice Group. Stephen advises some of the world’s largest technology and social media companies in their privacy and data security planning, investigations and breach responses.

    “In today’s digital information world, clients need help navigating the complex regulatory investigations aspects of their enterprises,” said Ray Jacobsen, Global Co-head of McDermott’s Regulatory Practice Group. “Stephen is a highly sought-after professional and will further expand our privacy and cybersecurity litigation and dispute work as demand in this area continues to rise.”

    With an impressive track record and extensive expertise in the field, Stephen regularly advises clients on complex data privacy and security matters. He uses proactive preventative measures to mitigate cyber threats, navigate regulatory investigations and defend litigation on behalf of companies ranging from Fortune 500 to small businesses.

    As a former computer programmer and IT analyst, Stephen routinely uses his computer background to the advantage of his clients in matters involving data security and privacy, artificial intelligence (AI) (including generative AI), electronic discovery and computer forensics. He assists with responding to cybersecurity incidents, such as ransomware attacks, fund transfer fraud, data breaches and business email compromise matters. In addition, Stephen represents clients in regulatory and government investigations regarding data security, privacy and technology matters.

    “McDermott’s commitment to providing top-tier legal services aligns perfectly with my own values, and I am excited to contribute to its continued success,” Stephen said. “I look forward to forming lasting relationships with some of the most talented lawyers in the world.”

    Stephen received his BA from the University of Florida and his JD from Indiana University Maurer School of Law. He is a member of the Board of Directors of the International Association of Privacy Professionals (IAPP). Prior to joining McDermott, Stephen was a partner at Baker McKenzie.

    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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  • McDermott Partner Maria Rodriguez Named in the Daily Journal’s Top Women Lawyers List

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Partner Maria Rodriguez Named in the Daily Journal’s Top Women Lawyers List

    June 23, 2023

    Read time: 3 min

    LOS ANGELES – June 23, 2023 – International law firm McDermott Will & Emery is proud to announce that Los Angeles-based partner Maria Rodriguez has been named in the Daily Journal’s list of Top Women Lawyers 2023.

    Maria advises US and international corporations on employment law compliance and mergers and acquisitions and defends employment cases and class action litigation. She is a trusted advisor to clients, helping them avoid or resolve disputes and protect resources through proactive and strategic planning. Maria also has experience working with clients in the sports, media and entertainment, technology, food and restaurant, airline, transportation and distribution, healthcare and fashion industries.

    Daily Journal’s Top Women Lawyers series honors excellent lawyering and leadership skills among women attorneys in California, seeking to recognize work that has a broad impact on the community.

    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.

    Maria C. Rodriguez

    Partner

    Los Angeles

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  • McDermott Represents Phalanx Impact Partners in Formation of VSK Energy and $1.5 Billion Solar Manufacturing Investment

    McDermott Represents Phalanx Impact Partners in Formation of VSK Energy and $1.5 Billion Solar Manufacturing Investment

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Phalanx Impact Partners in Formation of VSK Energy and $1.5 Billion Solar Manufacturing Investment

    June 22, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Phalanx Impact Partners LLC in forming and establishing a US joint venture company with Vikram Solar and Das & Co. called VSK Energy LLC. The new company will invest up to $1.5 billion to develop a vertically integrated solar manufacturing operation in the United States, reducing US dependence on foreign suppliers who currently dominate the solar market.

    The first phase of the investment consists of developing an American solar photovoltaic (PV) module manufacturing facility in Brighton, Colorado. The new factory is expected to create over 900 direct jobs and over 200 construction jobs. VSK Energy LLC expects the facility to commence operations in 2024 with an initial capacity of 2 Gigawatts (GW) in solar PV modules and a planned expansion of up to 4 GW.

    The planned second phase of investment would complete VSK Energy LLC’s vertical integration of the solar manufacturing process with the development of a factory in a Southern US state to produce solar ingots, cells and wafers with a planned annual capacity of 4 GW. VSK Energy LLC intends to invest in the new factory which is expected to commence operations by the end of 2024 following the evaluation and finalization of available federal, state, regional and local incentives for the project. The new factory is expected to create over 1,500 direct jobs and over 1,000 construction jobs.

    McDermott will serve as legal counsel for VSK Energy going forward.

    The McDermott deal team was led by relationship partner Jonathan Levine and Parker Lee and included Heather Cooper, Evan Belosa, Samantha Koplik and Dominique Torsiello.

    Read the joint 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.

    Heather Cooper

    Partner

    Miami

    Samantha R. Koplik

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Advises Tissium on its Series D Fundraising

    McDermott Advises Tissium on its Series D Fundraising

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Tissium on its Series D Fundraising

    June 22, 2023

    Read time: 3 min

    McDermott Will & Emery advised Tissium, a privately held medtech company specializing in the development of biomorphic programmable polymers for tissue reconstruction, in a Series D fundraising.

    Tissium is raising EUR 50 million to pursue its development plan, finance the commercialization of its first products for peripheral nerve repair and hernia repair in the USA, and expand its product portfolio and technology platform.

    New investors, including the Fonds Stratégique des Transitions (managed by ISALT) and Mérieux Développement, joined the round alongside existing investors Cathay Health, Crédit Mutuel Innovation and Sofinnova Partners.

    The McDermott team advising Tissium comprised:

    • Bertrand Delafaye, partner, Marie Mouly and Pénélope Renard, associates.
    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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  • McDermott Advise Hexagone on the Opening of its Capital to idiCo and Bpifrance

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advise Hexagone on the Opening of its Capital to idiCo and Bpifrance

    June 21, 2023

    Read time: 3 min

    McDermott Will & Emery advised Hexagone, a leading institutional investor, on the opening of its capital to idiCo and Bpifrance.

    This transaction will enable Hexagone to expand into other European countries and to consider external growth operations to consolidate its financial and extra-financial reporting offerings.

    The McDermott team advising Hexagone comprised:

    • Grégoire Andrieux, partner, Julien-Pierre Tannoury, Henri Nalbandyan and Margot Rousseau, associates, on the corporate aspects
    • Antoine Vergnat, partner, and Fanny Le Pogam, associate, advised on tax aspects
    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices 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.

    Henri Nalbandyan

    Associate

    Paris

    Antoine Vergnat

    Partner

    Paris

    Fanny Le Pogam

    Associate

    Paris

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