Veteran private equity and venture capital attorney Joseph W. Bartlett, counsel for Greylock Partners and Bain Capital LLC in their early years, has joined McCarter & English LLP as a special counsel in New York, McCarter said Monday.
Shearman & Sterling LLP on Wednesday announced a trio of Weil Gotshal & Manges LLP private equity deal makers has joined its London office as partners, a move that comes about a month after another Weil private equity powerhouse made the switch.
Anglo-Australian law firm Herbert Smith Freehills LLP has expanded its practice in Germany, hiring a private equity and mergers and acquisitions veteran from Norton Rose LLP, Herbert Smith announced Thursday.
Shearman & Sterling has nabbed three partners from Weil Gotschal & Manges for its private equity team in London, including two merger and acquisition whizzes and an investment expert, the firm announced Wednesday.
Cozen O’Connor has landed two partners from Klehr Harrison Harvey Branzburg LLP and McCarter & English LLP who specialize in private equity, mergers and acquisitions, real estate and commercial financing to join its Philadelphia office, the firm announced Monday.
Bruce Karpati, who oversaw a recent private equity industry crackdown as head of the U.S. Securities and Exchange Commission's asset management unit, has left the agency to become chief compliance officer for Prudential Financial Inc.'s mutual fund business, he said Thursday.
Houston law firm Porter Hedges LLP has landed a former Seyfarth Shaw LLP partner who specializes in corporate counseling, mergers and acquisitions, private equity, health care, and finance, the firm said Monday.
Stroock & Stroock & Lavan LLP said Monday that it had added a Chadbourne & Parke LLP attorney who represents private equity firms to its energy and project finance practice in New York.
Choate Hall & Stewart LLP has welcomed back into its fold a Boston-based real estate and private equity deals partner, who returns with significant experience under his belt as general counsel for several development and investment companies, the firm announced Thursday.
A private equity and mergers and acquisitions lawyer from Ropes & Gray LLP with more than 16 years of experience in Asia has rejoined Morrison & Foerster LLP as a corporate partner in its Hong Kong office, MoFo announced Monday.
A 3G Capital partner who has been the CEO of Burger King Worldwide Inc. since it was acquired by the private equity firm in 2010 will become the new chief of H.J. Heinz Co. once 3G and Warren Buffett's Berkshire Hathaway complete their $28 billion buyout of the iconic food company, the parties said Wednesday.
Clifford Chance LLP's global head of private equity has moved to the London office of Latham & Watkins LLP, where he will help with the continuing expansion of the firm's corporate presence in London, a Latham & Watkins representative said Tuesday.
K&L Gates LLP has strengthened its Houston office with the addition of a former Haynes and Boone LLP partner who specializes in mergers and acquisitions and a wide range of private equity, venture capital and other corporate transactional matters, the firm announced Monday.
Greenberg Traurig LLP said Monday it has snagged a mergers and acquisitions expert into its New York City-based corporate and securities practice as a partner, luring him from Linklaters LLP where he worked as counsel with a slew of large financial-sector and other clients.
Cozen O’Connor has picked up a former K&L Gates LLP mergers and acquisitions and private equity pro to join its Miami office, adding to the firm’s fast-growing Florida practice, Cozen announced Monday.
Haynes and Boone LLP said it has brought back a finance and energy specialist who previously served as in-house counsel at Bank of America Corp. as a partner in its New York-based prime brokerage and equity lending practice group.
Dechert LLP partner Kenneth Young has helped his private equity clients spearhead cutting-edge diversification strategies, keeping them competitive in an ever-evolving deal-making marketplace and earning him a spot among Law360's top five young private equity attorneys.
Standing at the helm of several high-profile, multibillion deals for such private equity giants as Cerberus Capital Management LP and Veritas Capital Fund Management LLC is Schulte Roth & Zabel LLP partner John M. Pollack, who has earned a spot among Law360's top five young private equity attorneys.
Holland & Knight LLP has landed an international trade, private equity and mergers and acquisitions wizard from Duane Morris LLP to join its Miami office as a partner in its corporate and international practice groups, the firm said Wednesday.
Simpson Thacher & Bartlett LLP partner Jonathan Karen is a go-to partner for private equity giants Blackstone Group LP and the Carlyle Group, representing both firms in multibillion dollar fund formations in the last year, earning him a spot among Law360's top five young private equity attorneys.
Since 2001, "decimalization" has drawn much criticism for not only failing to bring about the benefits expected by the U.S. Securities and Exchange Commission, but also for purportedly decimating the economic incentive to trade in small and mid-cap stocks. This system is now being re-evaluated following an SEC study required by the JOBS Act, say Louis Goldberg and Valerie Gross of Herrick Feinstein LLP.
The pros of using predictive coding far outweigh the cons. Given the heavy pressure on law firms and in-house counsel to reduce discovery costs, as well as the Justice Department's recent stance on the subject, it appears predictive coding will continue to emerge from the obscure world of legal technology to the mainstream of legal practice, say Michael Moscato and Myles Bartley of Curtis Mallet-Prevost Colt & Mosle LLP.
As demand for behavioral health services increases, and those individuals with need have insurance that will pay for it, the growth potential for behavioral health services is significant. Private equity investors are well-poised for jumping into this market to bring new business models and innovation to the industry, say attorneys with McGuireWoods LLP.
Title I of the JOBS Act significantly reformed the IPO process for emerging growth companies. Although it remains to be seen how and when the U.S. Securities and Exchange Commission will implement other provisions of the JOBS Act, we believe that the IPO on-ramp reforms will continue to take on greater importance as they enter their second year, say attorneys with Latham & Watkins LLP.
Public-private partnerships have been used in a wide range of sectors to provide public services, from power plants and railroads to hospitals and sanitation plants. Yet there are a variety of potential contractual arrangements and the financing of a PPP can be complex, say Maryam Khosharay and Herbert Glaser of Haynes and Boone LLP.
Not every company can be the next Facebook. But thankfully, for many startups, generating one billion users is not the end goal, nor should it be. Enter “narrowcasting” — one of a few reasons to be optimistic about venture capital, despite the first quarter of 2013 being the slowest for fundraising since 2002, says David Kaufman of Thompson Coburn LLP.
Over the last few years, provisions in credit agreements permitting the borrower’s equity sponsor and other affiliates to purchase term loans made thereunder and allowing the borrower to “repurchase” such term loans on a non-pro rata basis have become common. But many of the provisions governing such purchases do not adequately protect the non-affiliated lenders’ interests in a bankruptcy of the borrower, say Robert Finley and Ram Burshtine of King & Spalding LLP.
The decision by the Allegheny County Court of Common Pleas in In re H.J. Heinz Co. Derivative and Class Action Litigation represents a faithful application of the American Law Institute’s Principles of Corporate Governance, which were formally adopted by the Pennsylvania Supreme Court in the landmark decision Cuker v. Mikalauskas, say attorneys with Dechert LLP.
The “Veronica Mars” Kickstarter campaign has created a paradigm shift in film financing with successful crowdfunding. While crowdfunding is still a largely untouched topic by the courts, it needs to be red-flagged as an area that is ripe for litigation, says John Stephens of Sedgwick LLP.
U.S. Rep. Keith Ellison, D-Minn., recently reintroduced the Inclusive Prosperity Act of 2013, a financial transaction tax that, according to its supporters, would provide the federal government between $150 billion and $340 billion of revenue per year. The bill is, essentially, a sales tax on large Wall Street banks — however, its provisions seem to impact hedge funds and private equity funds, says David Sussman of Duane Morris LLP.