Kirkland

TALEN ENERGY CORPORATION ("TEC") ANNOUNCES TRANSFORMATIVE RECAPITALIZATION OF TALEN ENERGY SUPPLY ("TES") TO STRENGTHEN BALANCE SHEET, FUND ESG AND DATA CENTER GROWTH INITIATIVES, AND MAXIMIZE VALUE TO STAKEHOLDERS

Retrieved on: 
Tuesday, May 10, 2022
Cumulus cloud, Chapter 11, Title 11, United States Code, Alvarez and Marsal, Vinson & Elkins, RSA, Company, Health, Safety, Kirkland, PJT Partners, Letter, Kirkland & Ellis, The Company, TEC, Court, Bankruptcy, United States bankruptcy court, RBC Capital Markets, Electricity, LLP, Plant, Citigroup, Talen Energy, TES, Goldman Sachs, Growth, Plan, Kroll, Rothschild, Security (finance), Renewable energy

The transaction will include a new equity investment of up to $1.65 billion, which will accelerate TES' clean power transformation, advance carbon-free data center growth initiatives, and maximize value to stakeholders.

Key Points: 
  • The transaction will include a new equity investment of up to $1.65 billion, which will accelerate TES' clean power transformation, advance carbon-free data center growth initiatives, and maximize value to stakeholders.
  • TES has executed a restructuring support agreement ("RSA") with an ad hoc group of TES' unsecured noteholders (the "Consenting Noteholders").
  • Talen Energy Corporation, through its subsidiary, TES, is one of the largest competitive power generation and infrastructure companies inNorth America.
  • Through its non-filing subsidiary, Cumulus Growth, Talen Energy Corporation is developing a large-scale portfolio of renewable energy, battery storage, and digital infrastructure assets across its expansive footprint.

Cypress Creek Renewables closes $125M Debt Facility with Investec, Other Lenders

Retrieved on: 
Friday, May 6, 2022
COO, North American power transmission grid, Crédit Agricole, National bank, CCR, Kirkland, Silicon Valley Bank, Time, Milbank, Norddeutsche Landesbank, Creativity, Kirkland & Ellis, National Bank of Canada, Cypress Creek High School (Texas), Toronto-Dominion Bank, Cypress Creek, Growth, Infrastructure, ESG, O&M, IPP, Renewable energy, Investec

DURHAM, N.C., May 6, 2022 /PRNewswire/ --Cypress Creek Renewables and Investec are pleased to announce the closing on May 3 of a $125 million debt facility to further fund the growth of Cypress Creek's solar and storage pipeline.

Key Points: 
  • DURHAM, N.C., May 6, 2022 /PRNewswire/ --Cypress Creek Renewables and Investec are pleased to announce the closing on May 3 of a $125 million debt facility to further fund the growth of Cypress Creek's solar and storage pipeline.
  • The facility is the second of its kind that Cypress Creek and Investec have closed together.
  • "Investec is delighted to have closed another successful financing for Cypress Creek," said Fred Petit, Head of Renewables for Investec's North American Power & Infrastructure group.
  • Cypress Creek was represented by Kirkland & Ellis LLP, and the lenders by Milbank LLP, as transaction counsel.

Christine Bedi Becomes Vice President, General Counsel of Elkay Manufacturing

Retrieved on: 
Thursday, March 31, 2022
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Since joining the company as Corporate Attorney in 2017, Christine was promoted to Senior Corporate Counsel in February 2018 and then to Vice President, Associate General Counsel & Assistant Secretary in 2021.

Key Points: 
  • Since joining the company as Corporate Attorney in 2017, Christine was promoted to Senior Corporate Counsel in February 2018 and then to Vice President, Associate General Counsel & Assistant Secretary in 2021.
  • Christine has reported to Kathy Deighan since joining the company and been preparing for taking on the role of Vice President, General Counsel for the past two years.
  • "Christine has provided incredible value to Elkay from day one, and it became clear early on that Christine would be a great choice to succeed me as General Counsel," said Kathy Deighan.
  • As Vice President, General Counsel, Christine will lead Elkay's Corporate Legal team, bringing significant strengths to the company's legal capability for an increasingly complex set of global business needs.

Lex Machina Releases 2022 Securities Litigation Report

Retrieved on: 
Thursday, March 31, 2022
Slate, Pandemic, Kirkland & Ellis, Del, Partner, Lex Machina, Delaware Court of Chancery, Multimedia, Lexis, PARK, MDL, SEC, Research, RELX, Multiple factor analysis, AI, Kirkland, Skadden, District, View, Software, U.S. Securities and Exchange Commission, COVID-19, Impact litigation, J.P. Morgan & Co., Lawyer, Delaware Court, Customer success, Silicon, Security (finance), Ridesharing company, Online gambling, Cryptocurrency, Public relations, LexisNexis

MENLO PARK, Calif., March 31, 2022 /PRNewswire/ -- Today, Lex Machina and LexisNexis release their annual Securities Litigation Report which examines securities litigation trends in federal district court. The report focuses on the three-year period from 2019 to 2021 and includes analysis of trends in cryptocurrency cases and the impact of COVID-19. The final section of the report takes a look at the analytics for two recent securities MDL master cases.

Key Points: 
  • Case Filing Trends Reflect the Impacts of Multiple Factors Including Seminal Case Rulings, Case Migrations, and the Later Stages of the Pandemic
    MENLO PARK, Calif., March 31, 2022 /PRNewswire/ -- Today, Lex Machina and LexisNexis release their annual Securities Litigation Report which examines securities litigation trends in federal district court.
  • The final section of the report takes a look at the analytics for two recent securities MDL master cases.
  • "We're seeing several fascinating case filing trends over recent years, including general increases in securities, shareholder derivative, and cryptocurrency case filings, along with general decreases in securities class actions," observed Laura Hopkins, Lex Machina's Securities Legal Data Expert and author of the report.
  • Register here for a copy of the report: https://pages.lexmachina.com/2022SecuritiesLitigationReport.html
    Lex Machina is hosting a webcast to discuss the report on March 31, 2022 at noon ET/9am PT with Rachel Fritzler (Partner in litigation at Kirkland & Ellis), Laura Hopkins (Legal Data Expert at Lex Machina and report author), hosted by Joshua Harvey (Manager of the Customer Success Team).

BYU Law Partners with Top Law Firms for Expanded Spring 2022 Academies Program

Retrieved on: 
Wednesday, March 30, 2022
Curriculum, J. Reuben Clark Law School, Kirkland & Ellis, LLP, Major League Baseball Australia Academy Program, Partnership, Leadership, Program, Professional, Kirkland, Senior, Comment, Learning, Travel, Media, Entrepreneurship, Intellectual property, Wilson Sonsini Goodrich & Rosati, Orrick, Herrington & Sutcliffe, Student, Academy, Meal, Lawyer, BYU, Orrick, Civil engineering, Pharmaceutical industry, Medicine

PROVO, Utah, March 30, 2022 /PRNewswire/ -- BYU Law, a global law school focused on leadership in legal theory and practice, today announced it will host a full slate of boot camp-style Academies for the spring of 2022, providing first-year BYU Law students with invaluable professional training and connections with top-flight attorneys in practice areas of interest. The 2022 BYU Law Academies, offered in partnership with several leading law firms, include the Trial Academy in Dallas and the Deals Academy in New York City (Kirkland & Ellis), the Startups Academy in Palo Alto (Wilson Sonsini Goodrich & Rosati), the Energy Deals Academy in Houston (Orrick Herrington & Sutcliffe, LLP), the Immigration Academy in Salt Lake City (Fragomen Del Rey Bernsen & Loewy, LLP), and the Peacebuilding Academy in Bear Lake, Utah.

Key Points: 
  • "Our Trial and Deals Academies have been enormously popular with students and participating firms, so we are thrilled to announce the return and expansion of our Academies Program following a pandemic-necessitated hiatus.
  • The program allows students to experience high-level law practice in a variety of areas; many Academies also introduce students to important legal markets throughout the country.
  • Each Academy will be supervised by a full-time BYU Law faculty sponsor with relevant practice experience and a dedicated academy-specific adjunct faculty coordinator from BYU Law, in addition to lawyers who work for collaborating law firms.
  • In its most recent rankings, National Jurist recognized BYU Law as the #1 best-value law school in its 2021 ranking.

Greenberg Traurig Adds 2 M&A Shareholders to Growing New York Corporate Practice

Retrieved on: 
Tuesday, March 29, 2022
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NEW YORK, March 28, 2022 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues to grow its nationally-recognized Corporate Practice with two new additions: Elina Alperovich and Serena Y. Shi, who both join as shareholders in the firm's New York office with a focus on private equity mergers and acquisitions (M&A) transactions. Alperovich joins from Apollo Global Management Inc. and Shi comes from Latham & Watkins LLP.

Key Points: 
  • Prior to joining Greenberg Traurig, Alperovich and Shi previously worked together at Kirkland & Ellis, LLP, and have experience representing major private equity firms.
  • Achi is also co-chair of the New York Corporate Practice, and Bornstein is also co-chair of the firm's global Intellectual Property & Technology Practice and of the firm's global Patent Litigation Group .
  • Peter H. Lieberman , co-chair of the firm's Global Corporate Practice, commented: "These additions reflect our ongoing commitment to continue growing our practice with top-level talent to meet client demand.
  • About Greenberg Traurig: Greenberg Traurig, LLP has more than 2400 attorneys in 42 locations in the United States, Europe, Latin America, Asia, and the Middle East.

dscout Raises $70M To Accelerate Growth, Empower Organizations to Deliver Human Insight at Enterprise Scale

Retrieved on: 
Thursday, March 17, 2022
Organization, Investment, Health, Growth, Multimedia, NYSE, CPG, Mineral, Research, LogMeIn, Investor, Kirkland, CEO, OutSystems, View, Industry, Technology, WP, Protolabs, Partner, Information services, IPO, Kirkland & Ellis, Management, Financial services, Guide Post, Lucid, Oracle, Dyn

CHICAGO, March 17, 2022 /PRNewswire/ -- dscout, the fast-growing remote experience research technology platform, announced today it has secured $70 million in Series C funding led by Guidepost Growth Equity. The new capital will fuel the company's rapid market expansion, continued technology and product development, and hiring initiatives. Chris Cavanagh, general partner of Guidepost, will join the company's board, as well as Brett Schnittlich, former president and board member of Guidepost portfolio company, Lucid, which was acquired in December 2021 by Cint Group AB for $1.1 billion.

Key Points: 
  • The new capital will fuel the company's rapid market expansion, continued technology and product development, and hiring initiatives.
  • Dscout provides organizations with the technology tools and services to recruit for and conduct moderated and unmoderated research and analysis with flexibility and depth, producing human insights critical to the product innovation process.
  • dscout is a leader in experience research, enabling the world's most innovative companies to unlock human insight at scale.
  • dscout's flexible remote research technology platform allows organizations to handpick research participants, field a multitude of moderated and unmoderated methodologies, accelerate analysis, and create impactful, media-rich research deliverables.

G2 Appoints Eunice Buhler as Vice President and Head of Legal

Retrieved on: 
Wednesday, March 16, 2022
Inteliquent, Twitter, Woman, Zoom, Acquisition, Review, Kirkland, Intuition, Private, Kirkland & Ellis, CEO, Growth, Adobe, Software, Salesforce, LinkedIn, Management, G2, Sinch

CHICAGO, March 16, 2022 /PRNewswire/ -- G2, the world's largest and most trusted software marketplace, today announced that Eunice Buhler has joined its senior leadership team as Vice President and Head of Legal. In this role, Buhler will build and lead a world-class legal team that will contribute to the strategic and tactical needs of the rapidly growing company. 

Key Points: 
  • CHICAGO, March 16, 2022 /PRNewswire/ -- G2 , the world's largest and most trusted software marketplace, today announced that Eunice Buhler has joined its senior leadership team as Vice President and Head of Legal.
  • In this role, Buhler will build and lead a world-class legal team that will contribute to the strategic and tactical needs of the rapidly growing company.
  • Buhler's appointment follows a year of extraordinary momentum for G2 , including closing 2021 with 1.5 million customer reviews, representing a 50% increase in visitors year-over-year.
  • "G2 has a highly-respected market reputation, and I'm thrilled to be joining the company during this time of rapid growth," said Buhler.

Multi-Disciplinary Investment Firm Echo Investment Capital Announces Partial Mineral/Royalty Sale

Retrieved on: 
Thursday, February 24, 2022
Permian, GLOBE, Mineral, LLP, Kirkland & Ellis, CEO, Kirkland, Sale, NYSE, Echo, Cryptocurrency, Brigham

Echo is a multi-strategy firm spanning life sciences, media and entertainment, real estate, and energy.

Key Points: 
  • Echo is a multi-strategy firm spanning life sciences, media and entertainment, real estate, and energy.
  • Echo Minerals is thrilled to come to an agreement to sell a portion of our Permian mineral portfolio to the Brigham team, said Christian Kanady, founder and CEO of Echo Investment Capital.
  • Echo Investment Capital is an Oklahoma City-based investment firm with a multi-disciplinary team of strategic investors and operators funding innovation and cutting-edge companies across industries.
  • By bringing together forward-looking ideas and sophisticated capital, Echo aims to generate exceptional returns and differentiated value for investors and its portfolio.

Celanese to Acquire Majority of DuPont’s Mobility & Materials Business

Retrieved on: 
Friday, February 18, 2022
Chemicals, Plastics, Other Manufacturing, Manufacturing, NYSE, Intellectual property, Kirkland & Ellis, BofA Securities, Polymer, LCPA, Webcast, HPPA, GAAP, PVF, PBT, Bank of America, Company, News, Electronics, Public expenditure, EM, DuPont, U.S. Securities and Exchange Commission, EAE, College of Arts and Sciences, Security (finance), PFAS, PET, Goal, M&M, Risk, Technology, EBITDA, Corporation, TPC, Geography, Polymerization, Calendar, Polyester, Gibson, Dunn & Crutcher, Nylon, Forecasting, Acquisition, Senior, Elastomer, Growth, Engineering, Adjustment, Kirkland, CE, EBIT, Mobility, Fine chemical, Management, Bank, Insurance, Financial adviser, Nightclub, Celanese

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced the signing of a definitive agreement to acquire a majority1 of the Mobility & Materials (M&M) business of DuPont for $11.0 billion in cash.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced the signing of a definitive agreement to acquire a majority1 of the Mobility & Materials (M&M) business of DuPont for $11.0 billion in cash.
  • Celanese will acquire a broad portfolio of engineered thermoplastics and elastomers, industry-renowned brands and intellectual property, global production assets, and a world-class organization.
  • The M&M business is a uniquely complementary specialty materials asset to EM, spanning product, geography, and end-market, said Tom Kelly, Senior Vice President Engineered Materials.
  • According to the terms of the definitive agreement, Celanese will acquire a majority of the M&M business for a purchase price of $11.0 billion on a cash-free, debt-free basis.