BakerHostetler

Vivid Seats Announces Acquisition of Vegas.com

Retrieved on:

Tuesday, November 7, 2023

Vivid, LLP, Acquisition, VEGAS.com, BakerHostetler, Travel

CHICAGO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced its acquisition of Vegas.com, the leading entertainment marketplace for consumers exploring Las Vegas, in a cash and stock transaction valued at approximately $240 million1.

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CHICAGO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced its acquisition of Vegas.com, the leading entertainment marketplace for consumers exploring Las Vegas, in a cash and stock transaction valued at approximately $240 million1.
“We are thrilled to announce the acquisition of this strategic asset that will enhance our scale and reach in the entertainment capital of the U.S. and beyond,” said Stan Chia, Vivid Seats CEO.
BakerHostetler served as Vivid Seats’ legal advisor.
1 Approximately $151.2 million in cash and $88.8 million in shares of Vivid Seats’ Class A common stock.

Iron Mountain to Acquire Regency Technologies

Retrieved on:

Thursday, November 2, 2023

Iron Mountain (NYSE: IRM), a global leader in information management, innovative storage, data center infrastructure, and asset lifecycle management today announced it has entered into a definitive agreement to acquire Regency Technologies, a leading provider of IT asset disposition (ITAD) services in the United States.

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Iron Mountain (NYSE: IRM), a global leader in information management, innovative storage, data center infrastructure, and asset lifecycle management today announced it has entered into a definitive agreement to acquire Regency Technologies, a leading provider of IT asset disposition (ITAD) services in the United States.
Regency Technologies currently processes over 50,000 metric tons of material annually, reselling more than 2,000,000 units across eight locations spanning the United States.
Regency adheres to the environmental protocols of e-Stewards, RIOS, NAID as well as ISO 14001 across its footprint.
Lazard and Metronome Partners are serving as financial advisors, BakerHostetler and Sonkin Koberna are serving as legal counsel, and BMF is serving as tax advisor to Regency Technologies.

Practising Law Institute’s DEI Connect Offers Programs, New Resources to Foster Diversity and Inclusion

Retrieved on:

Wednesday, October 25, 2023

NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Practising Law Institute (PLI), a leading nonprofit learning organization, has launched DEI Connect , a new way for professionals to connect with CLE programs and other resources to support and foster more inclusive workplaces.

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NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Practising Law Institute (PLI), a leading nonprofit learning organization, has launched DEI Connect , a new way for professionals to connect with CLE programs and other resources to support and foster more inclusive workplaces.
DEI Connect brings together PLI’s many programs related to diversity topics, including addressing implicit bias , embracing generational diversity , improving disability access and inclusion in the law office , advocating for veterans , and understanding attorney wellness through the lens of DEI .
In addition, visitors to DEI Connect will find links to informative PLI publications and podcasts on topics such as diversity in the accounting and finance professions, workplace equity and pay transparency, and more.
“We know that professionals in law firms and corporations, and practitioners at all levels, are eager for high-quality, innovative, and effective programs on diversity-related topics.

SurgePE Closes Elite Clinical Network Investment

Retrieved on:

Friday, September 8, 2023

Professional Services, Health, Other Health, Finance, Vaccine, Partnership, BakerHostetler, Clinical trial, Acquisition, ECN, Pharmaceutical industry, Surge

On September 8th, 2023, Dallas-based Surge Private Equity, LLC (“Surge”) announced that it has formed a new strategic partnership with Elite Clinical Network, LLC (“ECN” or the “Company”), an integrated platform currently operating a network of phase I-IV clinical research sites throughout California, Arizona, and Nevada that has completed thousands of studies.

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On September 8th, 2023, Dallas-based Surge Private Equity, LLC (“Surge”) announced that it has formed a new strategic partnership with Elite Clinical Network, LLC (“ECN” or the “Company”), an integrated platform currently operating a network of phase I-IV clinical research sites throughout California, Arizona, and Nevada that has completed thousands of studies.
The transaction, valued at ~$200MM, closed with debt financing provided by affiliates of MGG Investment Group LP .
ECN is a leader in rapid protocol patient acquisition and currently operates a dedicated network of 14 research sites, with more in development across the United States.
ECN often satisfies sponsor enrollment goals for clinical trials within six months of activation, which allows sponsors to quickly launch new vaccines and drugs while reducing costs.

State of State-Level Historic Tax Credits Set for Discussion at Novogradac Conference

Retrieved on:

Wednesday, August 30, 2023

LLP, Partnership, BakerHostetler, Squire Patton Boggs, Rehabilitation, National Trust Community Investment Corporation, HTC, Kutak Rock, National Park Service, Chase, National Trust, Barnes & Thornburg, History of the National Park Service, Conference, Video game

SAN FRANCISCO, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Panelists and participants will dive deeper into the possible benefits that state-level historic tax credits (HTCs) can bring a rehabilitation project in a session that will also showcase the federal and state HTCs' private-public partnership at the Novogradac 2023 Historic Tax Credit Conference, Oct. 12-13, at the Charlotte Marriott City Center in Charlotte, North Carolina.

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Novogradac to Host 2023 Historic Tax Credit Conference, Oct. 12-13, in Charlotte, North Carolina
SAN FRANCISCO, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Panelists and participants will dive deeper into the possible benefits that state-level historic tax credits (HTCs) can bring a rehabilitation project in a session that will also showcase the federal and state HTCs' private-public partnership at the Novogradac 2023 Historic Tax Credit Conference , Oct. 12-13, at the Charlotte Marriott City Center in Charlotte, North Carolina.
"With the cost of other project funding sources increasing as interest rates have increased, more projects are needing subsidies such as state historic tax credits," said Tom Boccia, a partner in Novogradac's Cleveland office and chair of the conference.
"With the cost of other project funding sources increasing as interest rates have increased, more projects are needing subsidies such as state historic tax credits.
The conference also includes a ceremony honoring recipients of the 2023 Novogradac Journal of Tax Credit Historic Rehabilitation Awards , which recognize outstanding developments that strive for excellence in historic preservation.

Surge PE Adds Managed Review and Legal Staffing Provider, Tower Legal Solutions, to Avalon Platform

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Monday, August 28, 2023

Legal, Technology, Human Resources, Finance, Security, Professional Services, Small Business, Software, Data Management, Acceleration, Warner Bros. Discovery EMEA, Growth, BakerHostetler, Woodforest National Bank, Audit

Surge PE has added leading managed review and legal staffing provider, Tower Legal Solutions , to the Avalon platform.

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Surge PE has added leading managed review and legal staffing provider, Tower Legal Solutions , to the Avalon platform.
Tower Legal Solutions, headquartered in New York City, NY, has provided law firms and corporate legal departments with staffing and managed solutions since 2007, specializing in attorney engagements, secondment, staff augmentation, managed review, project management, legal operations, contract management, regulatory compliance, and direct hire.
The company has grown to become a preferred provider of managed review and legal staffing solutions, working closely with Fortune 100 companies and large law firms across the country.
Built on a foundation of over 85 years of combined experience in the legal and staffing industries, Tower Legal Solutions is a full-service managed review and legal staffing company focused on the principles of agility, accountability, transparency, and diversity.

Relativity Announces Launch of Relativity Contracts at ILTACON 2023

Retrieved on:

Monday, August 21, 2023

CHICAGO , Aug. 21, 2023 /PRNewswire/ -- Relativity, a global legal technology company, today announced at ILTACON 2023 the launch of Relativity Contracts (Contracts), Relativity's integrated solution for contract analysis available in RelativityOne. Contracts allows users to glean actionable insights when analyzing agreements to meet changing regulatory requirements, realize business value and reduce legal risk.

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Relativity Contracts helps legal teams transform executed agreements into structured, actionable data
CHICAGO , Aug. 21, 2023 /PRNewswire/ -- Relativity , a global legal technology company, today announced at ILTACON 2023 the launch of Relativity Contracts (Contracts), Relativity's integrated solution for contract analysis available in RelativityOne .
The AI integrated in Contracts empowers customers to leverage pre-built models, train their own custom models and import results from external models to transform contracts into structured data.
"We are excited to start using Relativity Contracts to expand our firm's technology capabilities," said Kate Jansons Johns, Manager of Knowledge & Practice Support Services at Nutter McClennen & Fish LLP.
"Already, Relativity Contracts has allowed us to create value and efficiencies for our clients on their contract reviews and remediations," said Michael Willis, Partner at PwC.

Relativity Announces Launch of Relativity Contracts at ILTACON 2023

Retrieved on:

Monday, August 21, 2023

CHICAGO, Aug. 21, 2023 /PRNewswire/ -- Relativity, a global legal technology company, today announced at ILTACON 2023 the launch of Relativity Contracts (Contracts), Relativity's integrated solution for contract analysis available in RelativityOne. Contracts allows users to glean actionable insights when analyzing agreements to meet changing regulatory requirements, realize business value and reduce legal risk.

Key Points:

Relativity Contracts helps legal teams transform executed agreements into structured, actionable data
CHICAGO, Aug. 21, 2023 /PRNewswire/ -- Relativity , a global legal technology company, today announced at ILTACON 2023 the launch of Relativity Contracts (Contracts), Relativity's integrated solution for contract analysis available in RelativityOne .
The AI integrated in Contracts empowers customers to leverage pre-built models, train their own custom models and import results from external models to transform contracts into structured data.
"We are excited to start using Relativity Contracts to expand our firm's technology capabilities," said Kate Jansons Johns, Manager of Knowledge & Practice Support Services at Nutter McClennen & Fish LLP.
"Already, Relativity Contracts has allowed us to create value and efficiencies for our clients on their contract reviews and remediations," said Michael Willis, Partner at PwC.

Report from FTI Consulting and The Block Analyzes Regulatory Action Over Global Digital Assets Markets

Retrieved on:

Thursday, August 17, 2023

Fintech, Blockchain, FCN, Senior, BakerHostetler, FTI Consulting, Research, Lawyer, Organization, Digital asset, European, Security (finance), NYSE, United Arab Emirates, FTI, Legislation, Cryptocurrency

The report, Trends in Regulation of Digital Assets , provides detailed reporting of the new laws, litigation and government investigations across the blockchain and digital assets environment, including commentary and analysis from lawyers in the industry.

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The report, Trends in Regulation of Digital Assets , provides detailed reporting of the new laws, litigation and government investigations across the blockchain and digital assets environment, including commentary and analysis from lawyers in the industry.
According to the report, all major international jurisdictions are increasing regulatory activity and oversight surrounding digital assets, though through a wide variety of approaches.
To date, the SEC has initiated 23 administrative proceedings or litigations in the digital assets sector, all under legacy legislation.
“The nuanced infrastructures, varied products and technical intricacies across different forms of digital assets pose significant obstacles to the development and implementation of effective digital assets regulations,” said Steven S. McNew , a Senior Managing Director and Global Leader of Blockchain & Digital Assets at FTI Consulting.

Opus 2 Launches New Transaction Management Solution for Corporate M&A Lawyers

Retrieved on:

Thursday, August 10, 2023

Opus, SAN, Business development, Op. 2, Business, Whitney, VDR, Senior, Risk, Dorsey & Whitney, BakerHostetler, Cryptocurrency, Sales

SAN FRANCISCO, Aug. 10, 2023 /PRNewswire/ -- Opus 2, a global leader in cloud-based legal technology solutions, announces Opus 2 Transaction Management, designed to streamline and enhance M&A transactions for corporate lawyers, while also reducing write offs and improving client experience.

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SAN FRANCISCO, Aug. 10, 2023 /PRNewswire/ -- Opus 2, a global leader in cloud-based legal technology solutions, announces Opus 2 Transaction Management, designed to streamline and enhance M&A transactions for corporate lawyers, while also reducing write offs and improving client experience.
Opus 2 Transaction Management is built on the same proven technology platform as Opus 2 Case Management, the company's current market-leading litigation case management software.
"We are excited to launch Opus 2 Transaction Management, which enables law firms to build a connected digital practice beyond litigation," says Don Fuchs, Senior Vice President, Business Development at Opus 2.
"This solution will help corporate M&A lawyers save time, improve efficiency, and reduce risk, while also providing a secure platform for managing sensitive data.