Newsroom Categories: Press release

  • As Corporate Governance Issues Move Markets, SRZ Holds 13th Annual Shareholder Activism Conference

    As Corporate Governance Issues Move Markets, SRZ Holds 13th Annual Shareholder Activism Conference

    PRESS RELEASE

    As Corporate Governance Issues Move Markets, SRZ Holds 13th Annual Shareholder Activism Conference

    May 12, 2023

    Read time: 4 min

    Schulte Roth & Zabel is proud to announce its 13th Annual Shareholder Activism Conference, taking place on May 16, 2023. This event features leading activist investors and their advisers discussing the current environment, lessons learned from recent campaigns, and emerging trends.

    “As activist shareholders continue to make an impact in the governance of many of the largest and most well-known companies in the world, the landscape is rapidly changing and our clients and lawyers are at the forefront of that evolution,” said Ele Klein, Co-Chair of SRZ’s Global Shareholder Activism Group. “The Shareholder Activism Conference is our platform to disseminate critical information to our clients and other major industry players, who in turn can use it to propel their progress.”

    The forum will bring together respected industry players and thought leaders, including:

    • Lauren Thomas of The Wall Street Journal, who will moderate the panel “Activism: The Adviser’s Perspective,” which will feature Bruce Goldfarb, Okapi Partners, Greg Taxin, Spotlight Advisors, and Dan Zacchei, Longacre Square Partners.
    • An in-depth, two-part panel, “State of Activism,” which will feature Ele Klein and SRZ Partner Adriana Schwartz as moderators, and will include Peter Feld, Starboard Value, Kevin Galligan, JANA, and Lauren Taylor Wolfe, Impactive Capital on the first panel and Ryan Bunch, Trian, Jason Genrich, Elliott Management, and Michael O’Mary, D.E. Shaw Group on the second panel.
    • A conversation moderated by SRZ associate Sean Brownridge on “Advance Notice Bylaws Gone Too Far: The Masimo Case,” which will provide unique insight from Michael Swartz, Co-Chair of SRZ’s Litigation Group, who is leading the representation of Politan Capital Management in this groundbreaking matter. Politan Capital’s Quentin Koffey will share his views.
    • A panel comprised of Kelly Koscuiszka, Co-Chair of SRZ’s Investment Management Regulatory & Compliance Group, Craig Warkol, Co-Chair of the Firm’s Litigation Group and Broker-Dealer Regulatory & Enforcement Group, and Adriana Schwartz. They will provide an “Activist Regulatory Update,” discussing the implications of recent developments and activity in the market.

    If you are interested in attending the Shareholder Activism Conference, please reach out to your SRZ contact.

    About Us

    Ele Klein

    Partner

    New York – 919 Third Avenue

    Kelly Koscuiszka

    Partner

    New York – 919 Third Avenue

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  • McDermott Advises Cousin Surgery on Acquisition of PlantTec Medical

    McDermott Advises Cousin Surgery on Acquisition of PlantTec Medical

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Cousin Surgery on Acquisition of PlantTec Medical

    May 11, 2023

    Read time: 3 min

    Munich, May 11, 2023 – McDermott Will & Emery advised Cousin Surgery on its acquisition of PlantTec Medical. The acquisition was financed by Turenne Group’s healthcare-focused private equity fund, Capital Santé 2, along with co-investors including Nord Capital Investissement, Sélection & Opportunités (Turenne Group), Dalle & Associés and Altur Investissement, as well as the management.

    Cousin Surgery is a French group specialized in implantable medical devices with a longstanding industrial expertise. Today, the company is a recognized as a specialist in implantable textiles and their application to spine and visceral surgery.

    PlantTec Medical is the first company in the world to CE-certify a plant-based product for surgery that not only effectively stops surgical bleeding, but also substantially prevents postoperative tissue adhesions. The polysaccharide-based product 4DRYFIELD® has been used more than 350,000 times in surgical procedures. PlantTec Medical’s solutions are currently sold in over 30 countries worldwide.

    The McDermott team advising Cousin Surgery was led partners Emmanuelle Trombe, Dr. Stephan Rau and Dr. Björn Biehl and comprised associates Dr. Robert Feind LL.M., Sebastian Gerstner, Dr. Fabian Appadoo and Edouard Becker.

    About Us
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  • McDermott Deepens Private Client Practice with Three Hires in New York and Miami

    McDermott Deepens Private Client Practice with Three Hires in New York and Miami

    PRESS RELEASE

    McDermott Deepens Private Client Practice with Three Hires in New York and Miami

    May 11, 2023

    Read time: 5 min

    International law firm McDermott Will & Emery is pleased to announce three additions to its Private Client Practice Group: Partner Anita Rosenbloom and Counsel John Kiely in New York and Partner Jay Scharf in Miami. Anita, John and Jay previously worked together and bring extensive experience in helping ultra-high-net-worth clients navigate complex estate and business planning and administration matters.

    “Anita, John and Jay have a proven track record and a diverse practice in estate planning and trust and estate administration work, which will bring immediate benefit to our clients, as well as position our team for further growth in the coming years,” said Neil Kawashima, head of the Firm’s private client practice. “Anita specifically brings decades-long legal and business experience and is the trusted principal advisor to generations of multiple large families.”

    Anita is a recognized leader in the private client field and has significant experience representing multigenerational privately held businesses. She has a deep understanding of the highly technical and practical issues that arise when structuring and implementing estate and business plans, negotiating real estate and other business transactions, managing private funds and other investments, and, when disputes arise, facilitating consensus and conflict resolution often on a tax-favored basis. She also has substantial experience in estate and trust administration and represents fiduciaries in transactions involving the estates and trusts of decedents, counsels with respect to fiduciary matters, and advises on probate proceedings, estate tax reporting and audit matters.

    “I believe McDermott has the best private client practice in the nation and I have always held great admiration for its unparalleled contribution to the advancement of the practice,” said Anita. “The McDermott platform will provide vast resources to my clients, and I am thrilled to be here.”

    John advises high-net-worth individuals and families on the full range of wealth management issues, including the preparation of wills, revocable trusts, spousal lifetime access trusts, grantor retained annuity trusts, life insurance trusts, qualified personal residence trusts and domestic asset protection trusts. He also represents beneficiaries and fiduciaries in connection with trust and estate administration and litigation. Additionally, as an avid art collector, John advises artists and other collectors on estate planning and is well-versed in the nuances of the art market, which are often overlooked by the Internal Revenue Service (IRS) when valuing art.

    Jay advises high-net-worth individuals, families and family offices on developing customized strategies to help them attain their personal and estate planning goals while minimizing income and transfer taxes. His practice involves trust and estate administration, advising clients on all aspects of IRS and state tax compliance with respect to trusts and estates, including the preparation of federal and state estate tax returns, and defending clients in estate and gift tax audits.

    Anita, John and Jay join from Stroock & Stroock & Lavan LLP where Anita served as chair of the Private Client Services Group.

    McDermott’s Private Client Practice Group represents ultra-high-net-worth individuals and families, and their family offices, with an extraordinary focus on the client’s unique objectives. The team of more than 110 lawyers is continually recognized as a top private client practice in the United States and among the top practices worldwide. In 2022, McDermott’s private client practice was awarded the only national Band 1 ranking for Private Wealth Law in the United States by Chambers High Net Worth, a guide dedicated to the global private wealth market.

    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.

    Anita S. Rosenbloom

    Partner

    New York – One Vanderbilt Avenue

    Jay J. Scharf

    Partner

    Miami, Boca Raton

    Neil T. Kawashima

    Partner

    Chicago

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  • McDermott Represents Option Care Health in $3.6 Billion Merger with Amedisys

    McDermott Represents Option Care Health in $3.6 Billion Merger with Amedisys

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Option Care Health in $3.6 Billion Merger with Amedisys

    May 4, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Option Care Health, Inc., the nation’s largest independent provider of home and alternate site infusion services, in its $3.6 billion definitive merger agreement to combine with Amedisys, Inc., a leading provider of home health, hospice and high-acuity care. Combining Option Care Health’s complementary home and alternate site infusion services with Amedisys’ home health, hospice, palliative and high-acuity care services will create a leading, independent platform for home and alternate site care.

    The transaction was announced on May 3, 2023 and is expected to close in the second half of 2023, subject to approval by Option Care Health and Amedisys stockholders and other customary closing conditions, including receipt of applicable regulatory approvals.

    The McDermott team was led by John Tamisiea, Ann Marie Brodarick, James Cannatti, Sarah Kitchell and Ted Diskant and included Jack Beauchamp, Brandon Sarkauskas, Rebecca Trickey, Daniel Gottlieb, Deepali Doddi, Sandra DiVarco, Andrew Kratenstein, Danielle Scheer, Stephania Sanon, Cristell Fortune, Emily Cook, Steven Schnelle, Jennifer Levengood, Jed Gordon, Ellie Atkins, Tony Maida, Patrick Ryan, Dan O’Neil, Traci Ottenfeld, Niraj Patel and Deepak Tamasker.

    Read Option Care Health’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.

    Ann Marie Brodarick

    Partner

    Chicago

    James A. Cannatti III

    Partner

    Washington, DC

    Sarah Kitchell

    Partner

    Boston

    Edward B. Diskant

    Partner

    New York – One Vanderbilt Avenue

    Jack Beauchamp

    Partner

    Miami

    Brandon Sarkauskas

    Associate

    Chicago

    Daniel F. Gottlieb

    Partner

    Chicago

    Sandra M. DiVarco

    Partner

    Chicago

    Andrew B. Kratenstein

    Partner

    New York – One Vanderbilt Avenue

    Emily Jane Cook

    Partner

    Los Angeles, Washington, DC

    Steven J. Schnelle

    Partner

    New York – One Vanderbilt Avenue

    Jennifer E. Levengood

    Associate

    New York – One Vanderbilt Avenue

    Eleanor B. Atkins

    Partner

    Washington, DC

    Tony Maida

    Partner

    New York – One Vanderbilt Avenue

    Niraj A. Patel

    Senior Transaction Counsel

    Chicago

    Deepak R. Tamasker

    Staff Attorney

    Chicago

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  • McDermott Shortlisted for M&A Advisor of the Year at The Insurer’s Program Manager Awards 2023

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Shortlisted for M&A Advisor of the Year at The Insurer’s Program Manager Awards 2023

    May 3, 2023

    Read time: 3 min

    NEW YORK (May 4, 2023) – International law firm McDermott Will & Emery is pleased to announce that it has been named a finalist for M&A Advisor of the Year as part of The Insurer’s Program Manager Awards 2023.

    Led by partners Michael Halsband and Mike Byrne, McDermott’s Insurance Transactions team has a depth of experience advising strategics  and private equity firms in the sale, purchase, merger and disposition of insurance companies, program managers, producers, MGAs and wholesalers.

    Recent representations include:

    • Brit Insurance Holdings Limited, in its sale of Ambridge Group, the managing general underwriter operations of Brit, for $400 million to Amynta Agency Inc., a premier insurance services company with more than $3.5 billion in total managed premiums.
    • Transverse Insurance Group LLC, a US-based based hybrid fronting insurance company and part of the Virgo Investment Group’s portfolio, in its agreement to be sold to Mitsui Sumitomo Insurance Co., Ltd., a member of the MS&AD Insurance Group.

    The Program Manager Awards recognize outstanding contributions to the program manager sector over the past year. View the list of finalists 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.

    Michael R. Halsband

    Partner

    New York – One Vanderbilt Avenue

    H. Michael Byrne

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Advises Kantar Xtel On Its Cross-Border ARR Financing, A Pioneer In Global Revenue Growth Management Software

    McDermott Advises Kantar Xtel On Its Cross-Border ARR Financing, A Pioneer In Global Revenue Growth Management Software

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Kantar Xtel On Its Cross-Border ARR Financing, A Pioneer In Global Revenue Growth Management Software

    May 3, 2023

    Read time: 3 min

    McDermott Will & Emery advised Kantar XTEL, backed by SilverTree Equity and Bain Capital Private Equity, as sponsors, on its cross-border ARR financing of Kantar XTEL through credit facilities provided by AshGrove.

    Created in 2022 through the merger of Xtel and StepUp, Kantar Xtel is uniquely positioned as the only end-to-end integrated Revenue Growth Management Software platform. Taking a more holistic approach to revenue management; combining data from every commercial lever – price, assortment, promotions and trade terms, is key to sustaining revenue and margin growth. StepUp enables full RGM roadmap development and implementation for CPG brands, from data sourcing & modelling to actionable insights and capability building. Xtel’s existing offering is recognised as a global leader in the Trade Promotion space, enabling CPGs to organise sales and promotional data in a harmonised transactional system of record, allowing for more effective promotion planning and forecasting. Over 100 CPG companies rely on the combined business’ mission-critical software, with customers including Beiersdorf, Danone, Heineken, Mars, Mondelez, and Perfetti van Melle.

    SilverTree Equity is a sector specialist private equity firm with a strong focus on value creation. SilverTree invests exclusively in software, technology, and technology-enabled businesses. It is differentiated by its sector specialism, deep network of operational resources and industry relationships, systematic yet tailored value creation process, and strong execution capability.

    McDermott’s team was led by partner Aymen Mahmoud, supported by senior associate Giulia Venanzoni and associate Kai Ye Ang.

    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

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  • McDermott Represents CVS Health in $10.6 Billion Acquisition of Oak Street Health

    McDermott Represents CVS Health in $10.6 Billion Acquisition of Oak Street Health

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents CVS Health in $10.6 Billion Acquisition of Oak Street Health

    May 2, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented CVS Health as health regulatory counsel in connection with the closing of its acquisition of Oak Street Health, a leading multi-payor, value-based primary care company.

    The McDermott team is led by Kate McDonald, Charlie Buck, Sarah Kitchell and Jeremy Earl with support from a team of McDermott health lawyers with industry leading physician practice management, value-based care, Medicare Advantage and digital health capabilities including Denise Burke, Michael Byrne, James Cannatti, Amanda Enyeart, Marshall Jackson, Gregory Mitchell, Monica Wallace, Patrick Zanayed, Amber Arnold, Ming Chuang, Fabiola Diaz Vera, Grayson Dimick, Melissa Najjar, Adetoro Olugbemi, Danielle Scheer and Li Wang, among others.

    CVS Health’s press release is available.

    McDermott is the nation’s leading healthcare law firm and the only healthcare practice to receive top national rankings from U.S. News – Best Lawyers “Best Law Firms,” Chambers USA, The Legal 500 US and Law360. The practice was also recognized by Chambers as “Healthcare Team of the Year” in 2010, 2013, 2017, 2019 and 2022. McDermott has also held the top spot in PitchBook’s League Tables as the most active firm for healthcare private equity since 2017.

    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.

    Kate McDonald

    Partner

    Washington, DC

    Charles R. Buck

    Partner

    Boston

    Sarah Kitchell

    Partner

    Boston

    Jeremy Earl

    Partner

    Washington, DC

    H. Michael Byrne

    Partner

    New York – One Vanderbilt Avenue

    James A. Cannatti III

    Partner

    Washington, DC

    Amanda Enyeart

    Partner

    Chicago

    Marshall E. Jackson , Jr.

    Partner

    Washington, DC

    Gregory R. Mitchell

    Partner

    New York – One Vanderbilt Avenue

    Monica Wallace

    Partner

    Chicago

    Patrick Zanayed

    Partner

    Chicago

    Grayson I. Dimick

    Associate

    Washington, DC

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  • McDermott’s Ahsan Shaikh Wins Practitioner of the Year for Patent Prosecution at Managing IP Americas Awards 2023

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott’s Ahsan Shaikh Wins Practitioner of the Year for Patent Prosecution at Managing IP Americas Awards 2023

    May 1, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery is pleased to announce that Chicago-based Partner Ahsan Shaikh has been named Practitioner of the Year for Patent Prosecution as part of the Managing IP Americas Awards 2023.

    As head of McDermott’s Patent Prosecution practice, Ahsan’s practice focuses on strategic patent portfolio management and client counseling for computer-related technology companies. Ahsan is nationally and internationally recognized for both his strategic legal counsel and his client service.

    Other notable highlights include:

    • McDermott was a Firm of the Year finalist for Trademark Prosecution Midwest; Patent Disputes Northeast; and Life Sciences IP Litigation;
    • Sarah Chapin Columbia was shortlisted for Litigator of the Year in Massachusetts; and
    • A. Shane Nichols was recognized as a finalist for Litigator of the Year in Georgia.

    The Managing IP Awards program covers several IP practice areas across more than 50 jurisdictions. The research for the program consists of information obtained from firms, IP practitioners, and clients through interviews and online surveys.

    View the full list of honorees here.

    About Us

    Ahsan A. Shaikh

    Partner

    Silicon Valley, Chicago

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  • McDermott Continues To Strengthen Its Transactions Capabilities With Appointment Of New Finance Partner In Germany

    McDermott Continues To Strengthen Its Transactions Capabilities With Appointment Of New Finance Partner In Germany

    PRESS RELEASE

    McDermott Continues To Strengthen Its Transactions Capabilities With Appointment Of New Finance Partner In Germany

    May 2, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery continues to strengthen its Transactions Practice Group in Germany with the appointment of Ludwig Zesch as a partner in its Munich office. Ludwig advises national and international clients on banking and finance law.

    “The addition of Ludwig to our transactions practice is very exciting, as he fits our strategy to develop our private equity and acquisition finance/LBO offering in Germany,” said Harris C. Siskind, Global Head of McDermott’s Transactions Practice Group. “He is a superb acquisition finance lawyer with a proven track record of advising clients on complex banking and finance matters.”

    With over a decade of experience, Ludwig specializes in acquisition finance, direct lending (including unitranche and super senior structures), leveraged buyouts, structured finance and corporate finance transactions. He represents banks, debt funds, private equity funds and corporate borrowers in a range of domestic and cross-border finance transactions.

    “We are thrilled that Ludwig has joined the Firm, for he’s an outstanding lawyer and a great fit for the team,” said Dr. Jens Ortmanns, Managing Partner of the Düsseldorf Office. “We continue to build our transactions practice in Germany with the recent hires of private equity partners Holger Ebersberger and Hanno M. Witt in Munich and M&A partners Rolf Hünermann and Philip Schmidt in Frankfurt.”

    “McDermott’s international platform and its strong corporate and private equity credentials present a great opportunity to develop my practice,” Ludwig said. “Furthermore, the Firm’s comprehensive private equity offering will significantly benefit my clients, helping them achieve growth and navigate current challenging market conditions.”

    McDermott’s transactions practice in Germany includes corporate/M&A as well as capital markets, banking & finance, private equity, real estate and restructuring & insolvency. The practice group currently counts 90 lawyers throughout Germany.

    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.

    Dr. Jens Ortmanns

    Partner

    Düsseldorf, Cologne

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  • McDermott Adds Real Estate Investment Partner in Miami

    McDermott Adds Real Estate Investment Partner in Miami

    PRESS RELEASE

    McDermott Adds Real Estate Investment Partner in Miami

    April 27, 2023

    Read time: 4 min

    International law firm McDermott Will & Emery is pleased to announce the addition of partner Elena Otero to its Transactions Practice Group based in Miami. Elena is a real estate dealmaker and strategist serving some of Florida’s wealthiest individuals, families, family offices and investors.

    “Both commercial and high-net-worth individual and family clients continue to make real estate investments, despite increased interest rates and predicted headwinds,” said Harris Siskind, Global Head of the Firm’s Transactions Practice Group. “Elena is highly skilled in evaluating opportunities and navigating the dynamic real estate market, and we’re thrilled she’s joined us in Miami, the hub for high-end real estate transactions.”

    Elena advises clients on real estate acquisitions, dispositions, leases and investments nationwide, with an emphasis on luxury residential and high-end commercial properties. She helps clients integrate their real estate investments and assets into their overall tax, wealth management and succession planning strategies.

    Elena represents real estate developers and investors in a broad range of land development, construction and venture capital-backed projects and joint ventures involving condominiums, mixed-use developments, hotels, restaurants, retail and office buildings. She also represents local, national and international financial institutions and lenders in the full spectrum of real estate-related commercial lending transactions, including construction and permanent real estate financing, healthcare real estate finance, commercial and industrial loans, and asset-based lending.

    “McDermott is home to the world’s top corporate and private client lawyers, and I am beyond thrilled to join this Firm and elevate my client offerings,” Elena said.

    “From a local perspective, we are thrilled Elena joins us,” said Adam Rogers, McDermott’s Miami office managing partner. “She is a fantastic lawyer and relationship-builder, and we look forward to additional cross-practice collaboration.”

    Elena received her BA and JD from the University of Miami. Prior to joining McDermott, she was a partner at Holland & Knight.

    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.

    Elena Otero

    Partner

    Miami

    Adam J. Rogers

    Partner

    Miami

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