DeBevoise

Resolution Life and Blackstone Announce Strategic Partnership to Grow Leading Global Life Insurance and Annuity Consolidation Business

Retrieved on: 
Mercoledì, Ottobre 12, 2022

Resolution Life and Blackstone (NYSE: BX) today announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business.

Key Points: 
  • Resolution Life and Blackstone (NYSE: BX) today announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business.
  • This partnership solidifies Resolution Lifes position as a leader in the multi-trillion-dollar global life and annuity consolidation market by combining Resolution Lifes global liability management platforms and Blackstones insurance asset management capabilities.
  • Nippon Life, the largest existing investor in Resolution Life, supports the strategic partnership and welcomes Blackstones investment and asset management expertise which will contribute meaningfully to the growth and development of Resolution Life.
  • Resolution Life is a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies.

CJA, IHRDA, AND DEBEVOISE FILE LANDMARK HUMAN RIGHTS COMPLAINT AGAINST LIBERIA IN WEST AFRICAN COURT FOR FAILURE TO PROVIDE JUSTICE FOR MASSACRE OF SIX HUNDRED CIVILIANS

Retrieved on: 
Mercoledì, Ottobre 5, 2022

"It's high time that Liberia finally conduct effective investigations and prosecute civil wars era human rights violations and atrocities."

Key Points: 
  • "It's high time that Liberia finally conduct effective investigations and prosecute civil wars era human rights violations and atrocities."
  • The IHRDA is a panAfrican non-governmental organization (NGO) working to promote awareness of human rights in Africa and improve the effectiveness of the African Human Rights system.
  • The three pillars of IHRDA's work are litigation, capacity-building and information sharing about the African human rights system.
  • IHRDA envisions an African continent where all have access to justice via national, African and international human rights mechanisms.

National and Distinguished Leaders in Law to Convene at University of Houston Law Center's John M. O'Quinn Law Building Dedication Conference

Retrieved on: 
Lunedì, Settembre 19, 2022

HOUSTON, Sept. 19, 2022 /PRNewswire/ -- To commemorate the opening of the new John M. O'Quinn Law Building, some of the most notable names in bar association leadership, the judiciary, law firms, legal employers, and academia will gather at the University of Houston Law Center for a Celebration and Dedication Conference on Friday, Sept. 23.

Key Points: 
  • It's only fitting that the dedication of the brand-new John M. O'Quinn Law Building is aligned with a conference featuring a who's who of scholars and leaders in the legal profession.
  • We are celebrating our 75th anniversary and the move into our new home, the new John M. O'Quinn Law Building," said University of Houston Law Center Dean Leonard M. Baynes.
  • The ultramodern nearly $93 million John M. O'Quinn Law Building was designed by the women-owned architecture firm, Shepley Bulfinch.
  • The conference is from 9 a.m. to 5 p.m. CT at the John M. O'Quinn Law Building, 4170 Martin Luther King Boulevard.

Stephen Jordan Joins Debevoise as Partner in the Tax Group

Retrieved on: 
Martedì, Settembre 6, 2022

NEW YORK, Sept. 6, 2022 /PRNewswire/ -- Debevoise & Plimpton LLP announced today that Stephen Jordan has joined the firm's New York office as a partner in the Tax Group.

Key Points: 
  • NEW YORK, Sept. 6, 2022 /PRNewswire/ -- Debevoise & Plimpton LLP announced today that Stephen Jordan has joined the firm's New York office as a partner in the Tax Group.
  • Additionally, Mr. Jordan has a strong background in tax policy analysis and in advising complex organizations on the potential business impact of proposed tax legislation.
  • Peter Schuur, Chair of the Tax Group, said, "Stephen is well known in the tax community as an outstanding legal mind and as a highly collaborative executive.
  • Stephen Jordan, a partner in the firm's Tax Group, represents private equity and investment management firms on a full range of transactional and advisory matters.

Sound Point Capital Names New Chief Compliance Officer

Retrieved on: 
Martedì, Agosto 23, 2022

Sound Point Capital Management (Sound Point), a leading credit-focused investment manager with more than $30 billion in assets, is pleased to announce that it has hired Andrea Sayago as its new Chief Compliance Officer and Associate General Counsel.

Key Points: 
  • Sound Point Capital Management (Sound Point), a leading credit-focused investment manager with more than $30 billion in assets, is pleased to announce that it has hired Andrea Sayago as its new Chief Compliance Officer and Associate General Counsel.
  • Ms. Sayago joins Sound Point from Cowen Investment Management, where she worked for the past 17 years, and, since 2011, served in the role of Chief Compliance Officer.
  • About Sound Point Capital Management, LP
    Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.
  • Five principals of Stone Point Capital LLC, as well as Dyal Capital Partners, a division of Blue Owl Capital Inc. [NYSE: OWL], are strategic investors in our business.

Global Atlantic Announces $10 Billion Group Annuity Reinsurance Agreement With Equitable

Retrieved on: 
Martedì, Agosto 16, 2022

Global Atlantic Financial Group (Global Atlantic) , a leading financial services company, today announced it has signed an agreement with Equitable Financial Life Insurance Company (Equitable) to reinsure a portion of its group retirement annuities.

Key Points: 
  • Global Atlantic Financial Group (Global Atlantic) , a leading financial services company, today announced it has signed an agreement with Equitable Financial Life Insurance Company (Equitable) to reinsure a portion of its group retirement annuities.
  • Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries.
  • Reinsurance transactions are entered into by Global Atlantic Assurance Limited, Global Atlantic Re Limited, Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company or one of their affiliates.
  • Reinsurance is placed, where required by applicable law, by Global Atlantic Risk Advisors, L.P., a licensed reinsurance intermediary and subsidiary of The Global Atlantic Financial Group LLC.

GrowGeneration Announces New Executives

Retrieved on: 
Venerdì, Agosto 12, 2022

This realignment is part of our ongoing efforts to better position the Company for future growth and drive long-term shareholder value.

Key Points: 
  • This realignment is part of our ongoing efforts to better position the Company for future growth and drive long-term shareholder value.
  • Greg has emerged as one of our Companys brightest leaders through his contributions to the growth and success of GrowGen over the past several years.
  • Stephen has proven to be an outstanding addition to GrowGen since joining the Company last year.
  • He also led the Finance and Accounting Department, as well as Administrative and Human Resources functions, for Machol & Johannes LLC.

Companies are Moving Away from Mandatory Director Retirement Policies and Pursuing Other Ways to Achieve Board Refreshment

Retrieved on: 
Lunedì, Agosto 8, 2022

While mandatory turnover policies have been on the decline, the analysis reveals that substantially more companies are now conducting comprehensive board evaluationsa combination of board, committee, and individual director assessments.

Key Points: 
  • While mandatory turnover policies have been on the decline, the analysis reveals that substantially more companies are now conducting comprehensive board evaluationsa combination of board, committee, and individual director assessments.
  • The report includes insights and dataas recent as July 2022relating to board refreshment policies and director evaluations at S&P 500 and Russell 3000 companies.
  • "Boards can use several mechanisms to promote board refreshment, including policies that require board turnover and trigger a discussion of turnover.
  • "Another sign that age-based director retirement policies are losing ground is that companies that have such policies are increasingly building in some flexibility.

Debevoise Releases 2022 Private Equity Midyear Review and Outlook

Retrieved on: 
Lunedì, Agosto 1, 2022

NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Debevoise & Plimpton LLP announced today the release of its 2022 Private Equity Midyear Review and Outlook , a helpful reference on the remarkable array of market and regulatory changes currently underway.

Key Points: 
  • NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Debevoise & Plimpton LLP announced today the release of its 2022 Private Equity Midyear Review and Outlook , a helpful reference on the remarkable array of market and regulatory changes currently underway.
  • Debevoise is a trusted partner and legal advisor to a majority of the world's largest private equity firms.
  • Debevoise has previously reported about heightened scrutiny by U.S. antitrust regulators on the private equity industry (see FTC Sharpens Focus on Private Equity and Navigating the Dynamic World of Antitrust Divestitures ).
  • Debevoise is a trusted partner and legal advisor to a majority of the world's largest private equity firms, and has been a market leader in the Private Equity industry for over 40 years.

Spirit Announces Termination of Merger Agreement with Frontier

Retrieved on: 
Mercoledì, Luglio 27, 2022

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it has terminated the merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it has terminated the merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.
  • Moving forward, the Spirit Board of Directors will continue our ongoing discussions with JetBlue as we pursue the best path forward for Spirit and our stockholders.
  • All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication.
  • All written and oral forward-looking statements concerning the termination of the Frontier merger agreement or other matters addressed in this communication and attributable to Frontier, Spirit, JetBlue or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this communication.