Nachrichten der Wirtschaftskanzleien

Parrot Automotive and Faurecia Form Partnership

Skadden News - Do, 30.03.2017 - 06:00
Skadden is advising Parrot in connection with the implementation of a strategic and capital partnership between Faurecia and its subsidiary Parrot Automotive.

Nippon Shokubai to Acquire Sirrus

Skadden News - Do, 30.03.2017 - 06:00
Skadden is representing chemical company Nippon Shokubai Co., Ltd. in its acquisition of Sirrus, Inc., a U.S.-based advanced reactive technology platform monomer company.

Gumi to Establish Joint Venture With Nordisk Film

Skadden News - Do, 30.03.2017 - 06:00
Skadden is advising the venture investment arm of gumi Inc. on its establishment of Nordic VR Startups, a joint venture with Nordisk Film A/S, in which gumi will hold a 60 percent majority stake.

DuPont/Dow Merger Approved by EU

Skadden News - Do, 30.03.2017 - 06:00
On behalf of E. I. du Pont de Nemours and Company, Skadden secured European Union approval for its $130 billion merger with The Dow Chemical Company.

China-Based AirMedia Secures Dismissal of Class Action Complaint

Skadden News - Do, 30.03.2017 - 06:00
On behalf of China-based AirMedia Group, Inc. and its CFO, Richard Wu, Skadden secured the complete dismissal of a securities class action complaint.

Skadden Named International Arbitration Team of the Year

Skadden News - Di, 28.03.2017 - 06:00
We were named International Arbitration Team of the Year at the 2017 Legal Business Awards on March 23 in London.

Sealed Air to Sell New Diversey to Bain Capital Private Equity

Skadden News - Di, 28.03.2017 - 06:00
Skadden is advising Sealed Air Corporation on its $3.2 billion carve-out sale to Bain Capital Private Equity of its Diversey Care division and the food hygiene and cleaning business within its Food Care division.

French State to Sell Interest in Peugeot

Skadden News - Di, 28.03.2017 - 06:00
Skadden is advising the French state, Agence des Participations de l'Etat, in connection with the €1.92 billion sale of its interest in Peugeot S.A., a Euronext Paris-listed car manufacturer, to Bpifrance, a French sovereign fund jointly owned by the state and the Caisse des Dépôts et Consignations.

Former CFTC General Counsel Jonathan L. Marcus Joins Skadden as Of Counsel

Skadden News - Do, 23.03.2017 - 06:00
Skadden is pleased to announce that Jonathan L. Marcus, former general counsel for the U.S. Commodity Futures Trading Commission (CFTC), has joined the firm's Derivatives Group as of counsel in the Washington, D.C. office. His practice will focus on financial services regulatory and legislative advice, as well as civil and appellate litigation and government investigatory matters.

Olswang advises two new VC clients on Series B investment round in British biotech Pulmocide

Olswang News - Di, 21.03.2017 - 18:00

International technology, media and telecoms law firm Olswang has advised venture capital firms SR One Ltd and Longwood Fund III LP for the first time, on their Series B round of investment of Pulmocide Limited, a biotech developing two treatments for deadly viral and fungal lung infections.

The $30 million (£24 million) cash injection is Pulmocide's second, having already secured $17 million in an initial fundraising round. In addition to SR One and Longwood Fund, the fresh funds come from Pulmocide's existing backers including venture capital firm SV Life Sciences, J&J DC, the venture capital arm of Johnson & Johnson, Touchstone Innovations and F-prime, the venture capital arm of Fidelity.

Olswang Corporate Partner Niall McAlister commented: "It was a pleasure to advise SR One and Longwood Fund III on their investment in Pulmocide. This significant investment follows Pulmocide's strong track record of clinical success and these monies will go a long way to developing two critical treatments currently being developed – one for babies with Respiratory Syncytial Virus and the other for fungal infection Aspergillosis." 

Niall McAlister led the transaction along with IP Partner and Head of Life Sciences Robert Stephen, Corporate Senior Associate Kate Blumhof, IP Associate Hemma Lad, Share Schemes Legal Director Catherine Merry and Trainee Alex Lowe.

Read more about Olswang’s international legal practice on the firm’s website.


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Skadden Leads in Handling Defense-Side Federal Securities Cases

Skadden News - Mo, 20.03.2017 - 06:00
According to statistics from Lex Machina, Skadden served as defense counsel in more federal securities cases in the U.S. from 2009 to 2016 than any other firm.

Triangle USA Petroleum Secures Approval for Reorganization Plan

Skadden News - Mi, 15.03.2017 - 06:00
Skadden secured approval for oil-and-gas operator Triangle USA Petroleum Corp.'s reorganization plan at a hearing in the U.S. Bankruptcy Court for the District of Delaware in Wilmington.

Citigroup Sells APAC Customer Portfolio for Merchant Acquiring

Skadden News - Mi, 15.03.2017 - 06:00
Skadden is advising Citigroup in connection with Wirecard AG's purchase of the customer portfolio of Citi's merchant acquiring business in 11 Asia Pacific markets.

PIK Group Announces Tender Offer and Cancellation of Listing

Skadden News - Mi, 15.03.2017 - 06:00
Skadden is advising PIK Group, Russia's leading residential real estate developer, on its $255 million cash tender offer for global depositary receipts listed on the London Stock Exchange and the subsequent cancellation of its U.K. listing.

Olswang advises Spotify on its acquisition of audio detection start-up Sonalytic

Olswang News - Mo, 13.03.2017 - 19:13

International technology, media and telecoms law firm Olswang has advised global music streaming giant Spotify on its acquisition of Sonalytic, the UK-based makers of audio detection technology that identifies songs, mixed content and audio clips.

Sonalytic's technology will help improve Spotify's personalised playlists, match songs with compositions and improve Spotify's publishing data system.

Olswang advised Spotify on all areas of the transaction, deploying specialist technology experts from a range of practice areas.

Peter Grandelius, Head of Corporate Legal, Spotify, commented: "We were glad to have Olswang's support on this strategic acquisition, which will help Spotify improve our unique music ecosystem. The team at Olswang delivered committed, integrated and specialised advice under a tight timeframe. We look forward to working with them in the future."

Olswang Corporate Partner Louis Glass, who led the transaction for the firm, commented: "We loved working with the Spotify team on this exciting transaction and in particular with Peter and his legal colleague Nicolina Kindblom. As avid users of Spotify, we're keen to see how Sonalytic's audio feature detection will advance Spotify's offering."


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Intel to Acquire Mobileye

Skadden News - Mo, 13.03.2017 - 06:00
Skadden is representing Intel Corporation in its approximately $15.3 billion acquisition of Mobileye N.V.

Olswang and Career Ready mark International Women’s Day with CMS and Nabarro at seventh annual career masterclass for London students

Olswang News - Fr, 10.03.2017 - 11:50

 

International technology, media and telecoms law firm Olswang and national charity Career Ready today jointly hosted London female students at their annual International Women’s Day event, which seeks to inspire young women by providing practical career advice from some of the country's leading female business women. This year, the event was held in conjunction with CMS and Nabarro, leading international law firms with which Olswang will combine as of 1 May 2017.

At this year’s seventh annual event entitled ‘Masterclass: make connections, get ahead!’, more than 70 Career Ready students from schools across London gathered at Olswang’s London office to hear career tips from female leaders at an array of well-known companies and organisations, including:

  • Kathy Atkinson, Legal Director, Kettle Foods Ltd.
  • Alison Baum, CEO, Best Beginnings
  • Stella Beaumont, Non-Executive Director, Nabarro
  • Susan Chiappinelli, VP, Patents Pharma Platforms, GlaxoSmithKline
  • Patricia Wick Christias, Head of Legal, Microsoft Limited
  • Sarah Davis, Group Commercial Legal Director, Guardian Media Group plc
  • Louise Gellman, IP & IT Partner, Nabarro (host)
  • Andrea Grossman, Director, Talking Talent
  • Samantha Jukes-Adams, Senior Vice President Scripted Production, NBCU Intl Studios
  • Ruth Marken, Partner, Olswang
  • Jenny Tooth, Chief Executive, UK Business Angels Association
  • Penelope Warne, Senior Partner and Head of Energy, CMS
  • Sarah Wright, Partner and Head of Trade Marks, Olswang (host)


Career Ready is the national charity that links schools and colleges with employers to open up the world of work to young people. Anne Spackman, Chief Executive of the charity, said: “This is an inspirational and impactful experience for our young London students. They learn to network and present to the kinds of professional women they might one day become.”

Olswang Partner and Head of Trade Marks Sarah Wright, who hosted the event, said: "It has been wonderful to be able to share the morning with a group of ambitious young women who are just starting out on their career journeys. I hope that the tips and strategies they learnt today from our inspirational female clients will help them to win their place at university or college or secure their first job."

CMS Senior Partner and Head of Energy Penelope Warne commented: “We need to pay more attention to the next generation. One of my priorities is to lead a business that has a supportive and encouraging culture where the careers of all can thrive. It is very important to consider how we can inspire, encourage and support young female students as they embark on the career journey and I was delighted to participate in this event.”

Nabarro IT & IP Partner Louise Gellman said: “Today’s young women will change the face of business tomorrow. I have no doubt the amazing female leaders we have heard from today will inspire this next generation. I can’t wait to see what they will achieve.”

 


CMS, Nabarro and Olswang are united in their vision, culture and values and strong commitment to diversity and inclusion, and look forward to combining our skills and thoughts around our extensive diversity and CR programmes. For example, CMS recently led a phenomenal fundraising campaign for War Child in which the firm raised over £500,000 for War Child over the lifetime of the partnership, and last spring, Olswang exceeded the fundraising target of £100,000 for the firm's UK charity partner, Carers Trust. Nabarro also raised over £90,000 for Carers Trust and St Luke’s Hospice last year. The firms look forward to working together and build on our commitment to ensuring that we have strong and sustainable Corporate Responsibility and Diversity programmes in place. 

Learn more about Olswang's commitment to being a responsible business at www.wearecr.com.


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EMC Directors Successfully Defend Dismissal of Shareholder Claims

Skadden News - Fr, 10.03.2017 - 07:00
On March 6, Skadden obtained the Massachusetts Supreme Judicial Court's affirmance of the dismissal of shareholder claims against directors of EMC Corporation arising out of its 2016 merger with Dell Inc.

Review of Class Certification Denied in UBS Puerto Rico Case

Skadden News - Fr, 10.03.2017 - 07:00
Skadden successfully defeated an attempted interlocutory appeal of an order denying class certification in a putative securities class action brought against UBS Financial Services Incorporated of Puerto Rico and other defendants.

TerraForm Global, Controlling Stake in TerraForm Power to Be Sold

Skadden News - Do, 09.03.2017 - 07:00
Skadden is representing SunEdison, Inc. in the acquisition by Brookfield Asset Management, Inc. of TerraForm Global, Inc. and a controlling interest in TerraForm Power, Inc.