Sidley

Key Lawyer in Johnson & Johnson Talc Litigation Supports Call to Rethink Legal Strategies in Light of Failure of Texas Two-Step

Retrieved on: 
Thursday, November 2, 2023
General Health, Other Retail, Professional Services, Business, Oncology, Consumer, Cosmetics, Retail, Legal, Women, Finance, Health, Legacy, NYSE, Ovarian cancer, Sidley Austin, Bloomberg Law, JNJ, LTL, Lawyer, Bankruptcy, Mesothelioma, Woman, Johnson & Johnson, Sidley, Insurance

In the commentary, Mr. Conlan rightfully points out that the Texas Two-Step bankruptcy approach, employed by several solvent and highly profitable mass tort defendants, has yielded a series of high-profile failures.

Key Points: 
  • In the commentary, Mr. Conlan rightfully points out that the Texas Two-Step bankruptcy approach, employed by several solvent and highly profitable mass tort defendants, has yielded a series of high-profile failures.
  • In a Texas Two-Step, an otherwise profitable company moves some or all its liabilities into another company and then places the second company into bankruptcy.
  • This strategy includes two recent bankruptcy attempts involving LTL (Johnson & Johnson) which federal courts found were filed in bad faith.
  • Legacy is able to advise and acquire restructured liability-tainted companies and manage the liabilities over several decades to finality.

Derek A. Webb, Esquire, to Receive the 2023 American Inns of Court Sandra Day O’Connor Award for Professional Service

Retrieved on: 
Thursday, September 7, 2023
Professional Services, Philanthropy, Courts, White House, Federal Government, State, Local, Continuing, University, Education, Foundation, Legal, Other Philanthropy, Public Policy, Government, Professional, University of Oxford, National Constitution Center, Yale Law School, Georgetown University Law Center, American Inns of Court, Eagle Scout, Abraham Lincoln Institute, District of Columbia Court of Appeals, Theology, Research, Private practice, Lawyer, Mentorship, Sidley Austin, United States Court of Appeals for the Sixth Circuit, Lincoln, Esquire, Essay, Philosophy, Student, Supreme court, Sidley, Supreme, Same-sex marriage in the Sixth Circuit, Notre Dame, Boy, Boy Scouts, Edward Coke, American Inn, Yale University

Derek A. Webb has been selected to receive the prestigious 2023 American Inns of Court Sandra Day O’Connor Award for Professional Service , which honors an American Inn of Court member in practice 10 years or fewer for their excellence in public interest or pro bono activities.

Key Points: 
  • Derek A. Webb has been selected to receive the prestigious 2023 American Inns of Court Sandra Day O’Connor Award for Professional Service , which honors an American Inn of Court member in practice 10 years or fewer for their excellence in public interest or pro bono activities.
  • Webb, a research scholar at Yale Law School, will receive the award in October at the 2023 American Inns of Court Celebration of Excellence at the Supreme Court of the United States.
  • “Derek amply demonstrated a willingness to ‘go the extra mile’ for his clients.”
    Before heading to Yale, Webb was the dean’s visiting scholar at Georgetown University Law Center.
  • In 2012, he won the American Inns of Court Warren E. Burger Prize for Writing for an essay on the original meaning of civility.

Casa Systems Announces Successful Completion of Previously Announced Refinancing and Extension Transaction for its Term Loan B Senior Secured Debt

Retrieved on: 
Thursday, June 15, 2023
CASA, Interim, Operations Enhance and Enhance Plus, Additional funds needed, Failure, COVID-19, Risk, Simpson Thacher & Bartlett, EBITDA, Acquisition, Annual report, Creditor, Sidley, Growth, Chase Bank, Security (finance), Environment, TLB, Economics, Bank

Remaining 2.2% ($5.0 million) of the Company’s existing Term Loan B expected to be paid at maturity in December 2023.

Key Points: 
  • Remaining 2.2% ($5.0 million) of the Company’s existing Term Loan B expected to be paid at maturity in December 2023.
  • “We are delighted with the successful refinancing and formal closing of our Term Loan B debt facility that was originally scheduled to mature in December 2023,” said Edward Durkin, Casa Systems’ Chief Financial Officer and Interim Chief Executive Officer.
  • “We believe the approximate 98% participation by Lenders is validation of our strong business fundamentals and future plans.
  • Sidley Austin LLP and Goodwin Procter LLP are serving as legal counsel to the Company in connection with the Refinancing Transaction.

PBC announces former U.S. Deputy Attorney General Jim Cole as a Keynote Speaker at the PBC 2023 Conference in September

Retrieved on: 
Thursday, March 2, 2023
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WASHINGTON, March 2, 2023 /PRNewswire/ -- "Jim Cole & the Cole Memo, 10 years later" In August of 2013, former U.S. Deputy Attorney General Jim Cole issued an industry-shaping memorandum providing guidance on "all federal enforcement activity, including civil enforcement and criminal investigations and prosecutions concerning marijuana in all legalized states."

Key Points: 
  • A decade after his trailblazing "Cole Memo," Jim Cole joins PBC 2023 to discuss how the cannabis industry has evolved over the last 10 years.
  • WASHINGTON, March 2, 2023 /PRNewswire/ -- "Jim Cole & the Cole Memo, 10 years later" In August of 2013, former U.S. Deputy Attorney General Jim Cole issued an industry-shaping memorandum providing guidance on "all federal enforcement activity, including civil enforcement and criminal investigations and prosecutions concerning marijuana in all legalized states."
  • Former U.S. Deputy Attorney General, Jim Cole, to Keynote PBC 2023 Conference, 10 years after publishing the Cole Memo.
  • Ten years later, Jim Cole, now Senior Counsel with Sidley, sits down for a fireside chat Keynote at PBC 2023, this September in Washington DC, to discuss how the cannabis industry has evolved in the decade since the Cole Memo was published.

9th Circuit Judge Paul J. Watford Named Southwestern Law’s First Distinguished Jurist-in-Residence

Retrieved on: 
Thursday, November 17, 2022
UCLA School of Law, Central District, ABA, Bullocks Wilshire, Distinguishing, Munger, Tolles & Olson, United States Court of Appeals for the Ninth Circuit, Sidley Austin, Supreme, Student, Coif, Sidley, Supreme Court of the United States, Lecture, Platinum, Antonin Scalia, LEED, Faculty, UCLA, University of California, Berkeley, SCALE, Senate, UC, Appeal, UCLA Law Review, Supreme court, Nightclub, Medicine, Southwestern Law School

Judge Watford received an honorary Doctor of Laws degree and delivered the keynote address at Southwesterns 2018 Commencement ceremony.

Key Points: 
  • Judge Watford received an honorary Doctor of Laws degree and delivered the keynote address at Southwesterns 2018 Commencement ceremony.
  • Likewise, Judge Watford gained an admiration for Southwestern and its students, whom he found to be receptive, passionate, and motivated.
  • For these reasons, Dean Dickersons choice of Judge Watford as the inaugural Distinguished Jurist-in-Residence is a natural and exciting continuation of his relationship with the law school.
  • After law school, Judge Watford clerked for Ninth Circuit Judge Alex Kozinski and then U.S. Supreme Court Justice Ruth Bader Ginsburg.

Nelson Hardiman Recognized by U.S. News & World Report's "2023 Best Lawyers in America" for Health Care Law and Healthcare Litigation "Lawyer of the Year" Recognition

Retrieved on: 
Wednesday, August 24, 2022
Ones, Nixon Peabody, COVID-19, View, Steven Naifeh, LLP, Lawyer, Multimedia, Sheppard, Mullin, Richter & Hampton, Leadership, Sidley, Health, Practice of law

More than 12.2 million evaluations were analyzed, resulting in the recognition of only 5.3% of lawyers in the United States.

Key Points: 
  • More than 12.2 million evaluations were analyzed, resulting in the recognition of only 5.3% of lawyers in the United States.
  • Seven Nelson Hardiman attorneys made Best Lawyers' lists this year: Harry Nelson , Mark Hardiman , Aaron C. Lachant , and John A.
  • Additionally, Nelson Hardiman partner Aaron C. Lachant was named by his peers as "Lawyer of The Year" for Litigation Health care.
  • Mark Hardiman, Harry Nelson, Zachary Rothenberg and John Mills were nominated for their specialty in Health Care Law.

Leading Restructuring Partner Steve Hessler Joins Sidley as Global Practice Leader

Retrieved on: 
Wednesday, July 6, 2022
Legal, Professional Services, Wendell Pritchett, Wharton School of the University of Pennsylvania, Advertising, Sidley Austin, Chambers, Senate, Chapter 11, Title 11, United States Code, Insolvency and Bankruptcy Code, 2016, Telecommunication, The Legal 500, History, Title 11 of the United States Code, Frontier Communications, Private equity, Investment, University, Sidley, Bankruptcy Code, Kirkland, House, Lawyer, Windstream Holdings, Kirkland & Ellis, Architecture, Financial services

Sidley Austin LLP is pleased to welcome Stephen E. Hessler as the global practice leader of the Restructuring group.

Key Points: 
  • Sidley Austin LLP is pleased to welcome Stephen E. Hessler as the global practice leader of the Restructuring group.
  • Im honored to be joining Sidley as the head of its restructuring group and look forward to working with our more than 50 restructuring lawyers across the United States, Europe, and Asia, said Hessler.
  • Adding Steve reinforces our commitment to a robust restructuring practice as a strategic complement to our growing private equity practice.
  • Sidley and Sidley Austin refer to Sidley Austin LLP and affiliated partnerships as explained at www.sidley.com/disclaimer .

Barbara Bush Foundation Announces New Board and Investment Committee Members

Retrieved on: 
Thursday, June 23, 2022
Honey, Boys & Girls Clubs of America, Barbara Bush Foundation for Family Literacy, Hospital, Board of directors, Ann, JPMorgan Chase, Time, Sidley Austin, Certification, History of the Cross Border Xpress, CEO, Audit committee, Associate, Mizuho Securities USA, Board, Education, Mizuho Securities, Government, Learning, Honorary, Sidley, White House, BB, Executive Committee, Credit Suisse, Multimedia, Family literacy, Organization, Association, Senior, Buchanan Ingersoll & Rooney, Boy, Foundation, Research, Retirement, Charles Schwab Corporation, Treasurer, Participant (company), Amazon Web Services, Financial adviser, Management, Policy, Nickelodeon, Director

WASHINGTON, June 23, 2022 /PRNewswire/ --The Barbara Bush Foundation for Family Literacy is pleased to announce the following recent appointments to its Board of Directors and its Investment Committee.

Key Points: 
  • WASHINGTON, June 23, 2022 /PRNewswire/ --The Barbara Bush Foundation for Family Literacy is pleased to announce the following recent appointments to its Board of Directors and its Investment Committee.
  • "I'm proud to welcome these new members and I look forward to working alongside them to support the Barbara Bush Foundation's vital work."
  • The Barbara Bush Foundation's Investment Committee is a seasoned group of national finance experts that provides counsel on the management of the nonprofit's investment portfolio.
  • About the Barbara Bush Foundation for Family Literacy:The Barbara Bush Foundation for Family Literacy has been the nation's leading advocate for family literacy for more than three decades.

Prominent Sports Industry Partners Charles “Chuck” Baker and Irwin Raij Join Sidley

Retrieved on: 
Tuesday, May 17, 2022
Sports, Licensing (Sports), Professional Services, Legal, General Sports, LAFC, Major League Soccer, University, Advertising, MLB, National Hockey League, NBA, Lawyer, Bolam v Friern Hospital Management Committee, Investment, National Football League, Insurance, Metal, Oklahoma City Dodgers, NHL, Myers, Transport, NWSL, Chambers, Mining, National Basketball Association, National, Formula One, Industry, Major League Baseball, MLS, AFL, Sidley, Sidley Austin, Private equity, Technology, Liga MX, Minor League Baseball, Television, Twitter, NFL, Sport, Sport, Media, Sports, Licensing (Sports), Professional Services, Legal, General Sports

Sidley Austin LLP welcomes Charles Chuck Baker and Irwin Raij as partners and co-chairs of its Entertainment, Sports and Media industry group.

Key Points: 
  • Sidley Austin LLP welcomes Charles Chuck Baker and Irwin Raij as partners and co-chairs of its Entertainment, Sports and Media industry group.
  • Mr. Baker has joined in New York and Miami* and Mr. Raij has joined in Miami.
  • Mr. Bakers corporate practice encompasses mergers and acquisitions and private equity transactions, with a core focus in the sports, media, and entertainment industry.
  • Sidley and Sidley Austin refer to Sidley Austin LLP and affiliated partnerships as explained at www.sidley.com/disclaimer .

Perspective Group Announcing the Formation of an Advisory Board

Retrieved on: 
Monday, April 25, 2022
Research, Marketing, Advertising, Communications, Biotechnology, Health, Pharmaceutical, General Health, Science, Board, Expedia Group, INSEAD, Human resource management, Corporation, Travel, Vertex, BA, Sidley, Sarepta Therapeutics, Research, GV, Gillette, UCSF, Vertex Pharmaceuticals, Yale University, JD, Biogen, Third Rock Ventures, Creativity, Leadership, Information technology, General counsel, Compliance, University School, Amgen, Johnson & Johnson, Director, Environment, Carroll School of Management, Human resources, Northwestern University Pritzker School of Law, Agios Pharmaceuticals, Industry, University, Acquisition, Sidley Austin, Health, University of California, San Francisco, Senior, Partner (business rank), Therapy, Atlas Venture, Management, Pharmaceutical industry, Medicine, Biology, Boston College, Genentech, Celera Corporation

As strategic advisors, Andrea, Melissa, and Ty will provide Perspective Group and, by proxy its clients, first-hand, market-driven knowledge and expertise in strategic and operational leadership, executive talent acquisition/retention and trends in new company formation.

Key Points: 
  • As strategic advisors, Andrea, Melissa, and Ty will provide Perspective Group and, by proxy its clients, first-hand, market-driven knowledge and expertise in strategic and operational leadership, executive talent acquisition/retention and trends in new company formation.
  • This advisory board further differentiates Perspective Group in enhancing its ability to provide its clients a thoughtful and tailored approach to its core services of C-suite, executive and board search.
  • Perspective Group is a leader in providing board and c-level executive search and advisory services to the biotechnology industry.
  • Perspective Group is a boutique executive search firm specializing in the biotechnology industry.