Davis Polk

Kramer Levin Expands Special Situations Practice With Addition of Partner Robert (Bodie) Stewart

Retrieved on: 
Lunedì, Giugno 3, 2024
Legal, Professional Services, Partner, Corporation, Mergers and acquisitions, Bankruptcy, Environment, Special, Ohio University, Davis Polk, Georgetown University Law Center

Kramer Levin is pleased to announce that Robert (Bodie) Stewart has joined the firm as a partner in its Special Situations practice and will be a member of the Corporate department in New York.

Key Points: 
  • Kramer Levin is pleased to announce that Robert (Bodie) Stewart has joined the firm as a partner in its Special Situations practice and will be a member of the Corporate department in New York.
  • He also counsels issuers and financial institutions on public and private capital markets transactions.
  • Amy Caton, Bankruptcy and Restructuring co-chair, said, “Bodie’s experience in liability management transactions and other out-of-court restructuring matters strengthens our Special Situations practice.
  • Mr. Stewart received his J.D., cum laude, from Georgetown University Law Center and his M.A.

Coheso Launches AI-Driven Platform to Transform In-House Legal Department Intake and Work Management

Retrieved on: 
Mercoledì, Maggio 1, 2024
Harvard University, Davis Polk, Education minister, AI, LLM, DFIN, Entrepreneurship, Machine learning, Character, UBS, Carnegie Mellon University, HP, Intelligence, Engineering, P&L, Documentation, CLM, Pressure, Acquisition, Harvard Law School, Friction, Mehta, Management

NEW YORK, May 1, 2024 /PRNewswire/ -- Coheso, the AI-powered legal intake and work management software platform for in-house legal teams, has announced its emergence from stealth. Co-founders Ned Gannon, Manish Agnihotri, Chirag Mehta, and Aditya Rathod have spent the last year implementing the latest advancements in generative artificial intelligence to empower legal and compliance teams with cutting-edge software to accelerate business objectives while reducing risks and costs.

Key Points: 
  • NEW YORK, May 1, 2024 /PRNewswire/ -- Coheso, the AI-powered legal intake and work management software platform for in-house legal teams, has announced its emergence from stealth.
  • Simple yet crucial legal workflows related to intake, work management, and work product generation have lagged in innovation relative to other important enterprise-wide functions.
  • This is at a time when 54% of legal department spending is staying in-house, which is up from 40% a decade ago.
  • Coheso empowers legal and compliance teams to run more streamlined operations, including 25%-70% faster attorney responses, with heightened productivity and data visibility.

Intra-Cellular Therapies Announces Executive Appointments and Leadership Changes

Retrieved on: 
Martedì, Marzo 19, 2024
Growth, Information technology, Central nervous system, General counsel, Warner Chilcott, CNS, Senior, Davis Polk, Therapy, Corporate development, Management

Mr. Halstead is currently serving as Executive Vice President and General Counsel.

Key Points: 
  • Mr. Halstead is currently serving as Executive Vice President and General Counsel.
  • In this newly created leadership role, Mr. Halstead will oversee several functions within the Company including legal, human resources, manufacturing & supply chain, quality, compliance, information technology, and external innovation.
  • “Michael is an exceptional leader who has been instrumental in Intra-Cellular Therapies’ strong growth over the last decade,” said Dr. Sharon Mates, Chairman and CEO of Intra-Cellular Therapies.
  • He joined Intra-Cellular Therapies in 2014 as Senior Vice President and General Counsel and was promoted to Executive Vice President and General Counsel in 2019.

Ricky Davis & Beth Cheeseman Join the Identity Theft Resource Center's Board of Directors

Retrieved on: 
Mercoledì, Aprile 3, 2024
Employment, Government, Organization, Methodist University, Associate, General counsel, SAN, GE Capital, SVP, Information, Knowledge, University, Senior counsel, IDIQ, Law, ITRC, Counsel, Southern Methodist University, Florida State University, Davis Polk, Information security, Identity, Privacy, LoanDepot, Human resources, JD, Management

SAN DIEGO, April 3, 2024 /PRNewswire-PRWeb/ -- Ricky Davis of Synchrony and Beth Cheeseman of Identity Intelligence Group (IDIQ®) have been elected to the Board of Directors of the Identity Theft Resource Center® (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime.

Key Points: 
  • ITRC Board Director Ricky Davis has enterprise-wide responsibility for Synchrony's comprehensive privacy program; Beth Cheeseman guides privacy compliance and data protection for IDIQ and its brands
    SAN DIEGO, April 3, 2024 /PRNewswire-PRWeb/ -- Ricky Davis of Synchrony and Beth Cheeseman of Identity Intelligence Group (IDIQ®) have been elected to the Board of Directors of the Identity Theft Resource Center® (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime.
  • Mr. Davis is also responsible for determining potential privacy risks as well as compliance with privacy policies and regulations.
  • "Ricky and Beth are great additions to our already highly skilled Board of Directors," said Eva Velasquez , President and CEO of the Identity Theft Resource Center.
  • Mr. Davis and Ms. Cheeseman join the ITRC Board of Directors after the expiration of Michele Johnson's second term as Board Director and the departure of Mark Pribish.

BEN Will Add Former FTC Chairman, Jon Leibowitz, as Independent Board Member in Connection with the Close of its Business Combination

Retrieved on: 
Giovedì, Febbraio 15, 2024
Technology, Artificial Intelligence, Other Technology, Acquisition, FTC, Federal Trade Commission, Artificial intelligence, Ethics, Davis Polk, Leibowitz, Growth, Use, Artificiality, BEN, History, Organization, Policy, Privacy, Congress, Direct-to-consumer

Brand Engagement Network (“BEN”), an emerging provider of personalized customer engagement AI technology and human-like AI avatars, today announced that it intends to appoint Jon Leibowitz as an independent board member in connection with the consummation of its business combination.

Key Points: 
  • Brand Engagement Network (“BEN”), an emerging provider of personalized customer engagement AI technology and human-like AI avatars, today announced that it intends to appoint Jon Leibowitz as an independent board member in connection with the consummation of its business combination.
  • “Jon Leibowitz’s confidence in BEN’s technology attests to the potential of AI-driven solutions to improve customer relations and experiences,” said Michael Zacharski, CEO of BEN.
  • In September, 2023, BEN announced that it entered into a definitive agreement to merge with DHC Acquisition Corp .
  • (Nasdaq: DHCA) (“DHC”), a special purpose acquisition company (“SPAC”) focused on technology, to become a publicly traded company on NASDAQ.

W.K. Kellogg Foundation announces new executive staff, leadership promotions and Baldrige honors

Retrieved on: 
Lunedì, Febbraio 5, 2024
W. K. Kellogg Foundation, The Cleveland Foundation, University, Social, La June Montgomery Tabron, Learning, Partnership, Biophysical environment, Human services, Administration, Life, Tabron, Pennsylvania State University, Justice, Trustee, Davis Polk, WKKF, Ballard Spahr, Government, University of Pennsylvania, Work, Columbia Law School, Health equity, Policy, ESG, Congress, Second Continental Congress, Feedback, Child, Investment, Poverty, Education, Family, Brennan Center for Justice, Management

He will serve as corporate secretary for the foundation board of trustees and oversee the internal audit function of the foundation.

Key Points: 
  • He will serve as corporate secretary for the foundation board of trustees and oversee the internal audit function of the foundation.
  • Williams will be a member of the executive leadership team, reporting to WKKF president and CEO La June Montgomery Tabron.
  • The foundation also announced the promotion of three WKKF executive colleagues to newly designed leadership roles.
  • Kellogg Foundation, using the national Baldrige Criteria for Performance Excellence as its framework to help Michigan-based organizations enhance their performance.

New York Life Appoints Two New Leaders to Its Executive Management Committee

Retrieved on: 
Giovedì, Gennaio 11, 2024
Professional Services, Insurance, Human Resources, Finance, Senior, General counsel, Corporation, Judgement, B.A, University, Martha Plimpton, Davis Polk, Virginia School for Girls, Corporate responsibility, Bowdoin College

New York Life, America’s largest1 mutual life insurer, today announced the appointment of Michael McDonnell, Senior Vice President and General Counsel, and Amy Miller, Senior Vice President, Deputy General Counsel & Secretary, to the company’s Executive Management Committee.

Key Points: 
  • New York Life, America’s largest1 mutual life insurer, today announced the appointment of Michael McDonnell, Senior Vice President and General Counsel, and Amy Miller, Senior Vice President, Deputy General Counsel & Secretary, to the company’s Executive Management Committee.
  • They will report to Craig DeSanto, New York Life Chair, President & CEO.
  • Prior to joining New York Life in 2013, Mr. McDonnell was an Associate with Debevoise & Plimpton LLP, where he worked for 10 years.
  • Prior to joining New York Life in 2006, Ms. Miller was an Associate with Davis Polk & Wardwell, and previously held the position of Chief Corporate Counsel at New York Life.

Riskonnect Acquires Ventiv Technology to Accelerate Customer Value and Global Growth

Retrieved on: 
Giovedì, Gennaio 11, 2024
Technology, Insurance, Finance, Consulting, Professional Services, Small Business, Software, Data Analytics, Data Management, RMIS, Data management, Policy, Kirkland & Ellis, TA Associates, Risk, Artificiality, GRC, Davis Polk, Acquisition, IRM, Risk management, Organization, Growth

Riskonnect , the leader in integrated risk management (IRM) solutions, today announces its acquisition of Ventiv Technology , a market-leading provider of risk, insurance, and underwriting technology solutions.

Key Points: 
  • Riskonnect , the leader in integrated risk management (IRM) solutions, today announces its acquisition of Ventiv Technology , a market-leading provider of risk, insurance, and underwriting technology solutions.
  • The acquisition fuels growth and innovation for Riskonnect and drives value for customers by enabling the organizations to bring all aspects of risk under one roof.
  • Riskonnect’s acquisition of Ventiv will enhance value for the 2,500+ combined customers globally.
  • Ventiv is known for its innovation in RMIS Analytics (Artificial Intelligence/Machine Learning, Benchmarks, Geospatial), claims administration, billing, and policy solutions.

Hollysys Announces Shareholder Meeting to Vote on Acquisition by Ascendent Capital Partners

Retrieved on: 
Venerdì, Gennaio 5, 2024
Davis Polk, EGM, Sale, Acquisition, Committee, Mergers and acquisitions, Person, Automation, Memorandum, Proxy, Special, Security (finance)

BEIJING, Jan. 5, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it will hold an extraordinary general meeting (the "EGM") of shareholders on Thursday, February 8, 2024 at 10:00 a.m. Hong Kong time, to consider and vote on, among other things, the proposal to authorize and approve the previously announced merger agreement (the "Merger Agreement") pursuant to which a buyer controlled by Ascendent Capital Partners ("Ascendent"), an international private investment firm headquartered in Hong Kong, will acquire all outstanding shares of Hollysys that it does not currently own for US$26.50 per share in cash.

Key Points: 
  • Over the course of several months, the Special Committee conducted an extensive and competitive process and received several competing proposals to acquire the Company.
  • On December 11, 2023, the Company announced an agreement to be acquired by Ascendent for US$26.50 per share.
  • During a "go-shop" period provided for in the Merger Agreement, the Company solicited and encouraged other acquisition proposals.
  • In addition, the Company's proxy materials, including the proxy statement, will be mailed to the shareholders of the Company.

Davis Polk Welcomes William J. Hochul, Jr. in New York

Retrieved on: 
Martedì, Gennaio 2, 2024
Legal, Professional Services, Delaware North, Davis Polk, Government, Justice, Terrorism, Partnership, Law, Buffalo Six, Lawyer, University, Corruption, General counsel, AUSA, Public service, Kaleida Health, Offense, History, Nursing

“We are delighted to welcome Bill to the Firm,” said Neil Barr, Davis Polk’s Managing Partner.

Key Points: 
  • “We are delighted to welcome Bill to the Firm,” said Neil Barr, Davis Polk’s Managing Partner.
  • Mr. Hochul most recently served, from November 2016 until August 2023, as Senior Vice President, General Counsel and Secretary of Delaware North Companies, the multinational food service, gaming and hospitality company headquartered in Buffalo, New York.
  • Prior to that role, Mr. Hochul served for nearly 30 years in various roles at the U.S. Department of Justice.
  • From 1991 until 2010, Mr. Hochul served as an Assistant U.S. Attorney in the Western District of New York.