Proskauer Rose

3E in the Process of Acquiring French Workplace Safety Platform, Quick-FDS

Retrieved on: 
Wednesday, November 8, 2023

Headquartered in Saint-Denis, France, Quick-FDS works with global manufacturers and users of chemical products, offering a full suite of solutions that enable improved regulatory compliance and workplace safety.

Key Points: 
  • Headquartered in Saint-Denis, France, Quick-FDS works with global manufacturers and users of chemical products, offering a full suite of solutions that enable improved regulatory compliance and workplace safety.
  • Quick-FDS’ market-leading solution enables superior regulatory compliance and efficiency, allowing customers to focus on their business instead of navigating ever-changing regulations.
  • Robin Dualé, President of WEKA in France, said “The combination of 3E and Quick-FDS would unite two of the most sophisticated SDS management solutions globally.
  • The transaction would be subject to customary conditions including the prior staff representatives’ consultation and regulatory approvals.

MidCap Financial Investment Corporation Announces Merger Agreements with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC), Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (AFT and AIF, together, the “CEFs”) today announced that they have entered into separate definitive agreements pursuant to which AFT and AIF will merge with and into MFIC (the “Mergers” or the “Transactions”), subject to certain shareholder approvals and customary closing conditions. MFIC is a publicly traded business development company (“BDC”) managed by an affiliate of Apollo Global Management, Inc. (“Apollo”, NYSE: APO), and the CEFs are publicly traded closed-end management investment companies also managed by an affiliate of Apollo.ii Under the terms of the merger agreements, MFIC will be the surviving entity and will continue to operate as a BDC and trade on the NASDAQ Global Select Exchange under the ticker symbol “MFIC.” MFIC’s investment strategy will continue to focus on first lien floating rate loans to middle market companies, primarily sourced by MidCap Financial,iii a leading middle market lender. All current MFIC officers and directors will remain in their current positions.

Key Points: 
  • We look forward to realizing the benefits of a larger combined company, including enhanced returns for all shareholders, greater scale, and enhanced portfolio diversification.
  • Lazard served as financial advisor and Proskauer Rose LLP as legal counsel to the special committee of MFIC.
  • Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC1108 when prompted.
  • To access the audio webcast please visit the Events Calendar in the Shareholders section of our website at www.midcapfinancialic.com.

John H. Snyder PLLC adds Two New Partners to Become Snyder, Hayes & Muchnick LLP

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire-PRWeb/ -- John H. Snyder PLLC, the Midtown Manhattan-based law and policy firm founded in 2010, is proud to announce the addition of two non-attorney partners, Danny Hayes and Morgan Muchnick. The firm, now known as Snyder, Hayes & Muchnick LLP is focused on legal, finance and policy advisory.

Key Points: 
  • The firm, now known as Snyder, Hayes & Muchnick LLP is focused on legal, finance and policy advisory.
  • Serving as a Registered Lobbyist for the U.S. House of Representatives, he specializes in environmental and energy-related affairs.
  • "Danny Hayes is the most talented and creative dealmaker I have ever met," stated John H. Snyder, the firm's managing partner.
  • Snyder has provided personal counsel to numerous senior executives in sensitive cases and represented heads of state.

Latest Burford Quarterly journal of legal finance addresses top data trends in commercial litigation and arbitration, judgment enforcement and asset recovery

Retrieved on: 
Wednesday, October 11, 2023

NEW YORK, Oct. 11, 2023 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends impacting the business of law.

Key Points: 
  • The latest issue of the Burford Quarterly 4 2023 includes:
    Key takeaways from a recent discussion with leading players in integrated data analytics and AI, moderated by Co-COO David Perla.
  • Burford Co-COO Aviva Will analyzes key considerations top in-house lawyers face around the world, leveraging new insights from a survey of 66 GCs, heads of litigation and other senior lawyers.
  • A recent portfolio financing arrangement with a Fortune 500 company demonstrates how businesses benefit from building—and financing—affirmative litigation recovery programs.
  • Burford's CFO Jordan Licht describes Burford's new industry-standard approach for valuing legal finance asset values, which gives clients and investors greater transparency into the performance of legal finance partners.

GEC Announces Successful Closing of Continuation Fund for Estis

Retrieved on: 
Tuesday, September 26, 2023

GEC, an energy technology focused growth private equity firm based in Houston, Texas, is pleased to announce the completion of a $215 million single-asset continuation fund transaction involving one of its portfolio companies, Estis.

Key Points: 
  • GEC, an energy technology focused growth private equity firm based in Houston, Texas, is pleased to announce the completion of a $215 million single-asset continuation fund transaction involving one of its portfolio companies, Estis.
  • The over-subscribed transaction is capitalized by a consortium of new institutional investors and provides liquidity to long-standing investors in Estis.
  • The new investors subscribed through a vehicle managed and controlled by GEC.
  • Estis is the pioneer and market leader of High Pressure Gas Lift (“HPGL”), a disruptive artificial lift technology.

Global Investigations Firm Nardello & Co. Expands With Former Federal Prosecutor & Cybersecurity Pro Wendy Wu in LA

Retrieved on: 
Monday, September 11, 2023

Global investigations firm Nardello & Co. has expanded in Los Angeles with the arrival of former federal prosecutor Wendy Wu as a Managing Director.

Key Points: 
  • Global investigations firm Nardello & Co. has expanded in Los Angeles with the arrival of former federal prosecutor Wendy Wu as a Managing Director.
  • A nationally recognized cybercrime, data security and digital forensics practitioner, Wu joins from an international consulting firm, where she was partner and US General Counsel.
  • Wu previously led the West Region practice at Stroz Friedberg and was a litigation associate at Proskauer Rose LLP.
  • “I’m eager to contribute my cyber and investigative knowledge to leaders behind some of today’s most prominent cybersecurity and data-related investigations,” Wu said.

Veritext’s Mike Murray to Present at ILTACON

Retrieved on: 
Wednesday, August 16, 2023

LIVINGSTON, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Veritext Legal Solutions , the leader in court reporting and litigation support solutions, today announces Mike Murray, director of technology and creative solutions, will be a speaker at ILTACON taking place August 20-24 in Orlando, Florida.

Key Points: 
  • LIVINGSTON, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Veritext Legal Solutions , the leader in court reporting and litigation support solutions, today announces Mike Murray, director of technology and creative solutions, will be a speaker at ILTACON taking place August 20-24 in Orlando, Florida.
  • Murray will be part of a panel discussion on “Trial Prep Tech: The Innovative Future of Technology Use at Trial.”
    ILTACON is a four-and-a-half-day conference known for its peer-driven programs, educational content and face-to-face networking.
  • Other panelists include Shannon Bales, litigation support manager for Munger, Tolles & Olson LLP, and Jeffrey Soldridge, senior paralegal for Proskauer Rose LLP.
  • “I look forward to contributing to this panel and sharing insights and strategies pertaining to the optimization of available technology for legal proceedings,” states Murray.

Analysis Group Supports Testimony in Pay-for-Delay HIV Treatment Antitrust Matter

Retrieved on: 
Tuesday, August 8, 2023

BOSTON, Aug. 8, 2023 /PRNewswire/ -- Analysis Group , one of the largest international economics consulting firms, supported academic and medical affiliate Anupam B. Jena in preparing testimony assessing damages and evaluating elements of innovation in developing Gilead Science's HIV treatments.

Key Points: 
  • BOSTON, Aug. 8, 2023 /PRNewswire/ -- Analysis Group , one of the largest international economics consulting firms, supported academic and medical affiliate Anupam B. Jena in preparing testimony assessing damages and evaluating elements of innovation in developing Gilead Science's HIV treatments.
  • Gilead, a Kirkland & Ellis and Proskauer Rose client, was a co-defendant with Teva Pharmaceuticals, a Goodwin Procter client, in a rare pay-for-delay antitrust jury trial.
  • In the matter In re: HIV Antitrust Litigation, health plans and insurers claimed they were overcharged for the Gilead-brand HIV drugs Truvada and Atripla, as well as for the generic versions manufactured by Teva once they became available.
  • An Analysis Group team led by Managing Principal Pavel Darling , Principal Richard Mortimer , and Manager Ngoc Pham assisted Dr. Jena in the preparation of his testimony.

Unisys Names Kristen Prohl as General Counsel and Chief Administrative Officer

Retrieved on: 
Monday, August 7, 2023

BLUE BELL, Pa., Aug. 7, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announced the appointment of Kristen Prohl as the company's general counsel and chief administrative officer, effective immediately. She will report to Unisys Chair and CEO Peter Altabef.

Key Points: 
  • BLUE BELL, Pa., Aug. 7, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announced the appointment of Kristen Prohl as the company's general counsel and chief administrative officer, effective immediately.
  • "As an information technology solutions company in an ever-evolving, fast-paced industry, our general counsel and chief administrative officer is a critical role," said Unisys CEO Peter Altabef.
  • Most recently, she served as vice president, deputy general counsel, chief compliance officer and corporate secretary at ITT Inc.
  • Prior to her position at ITT, Prohl's roles included associate general counsel and assistant secretary at American International Group, Inc.; senior vice president, chief counsel, corporate law and assistant corporate secretary for CA Technologies; and chief compliance officer — subsequently chief regulatory counsel — for Starwood Hotels & Resorts Worldwide, Inc. Prohl has served on the board of directors of the Association of Corporate Counsel, Westchester County NY/Southern Connecticut, since 2016.

Alternative Asset Manager HighVista Strategies LLC to Acquire abrdn’s U.S. Private Markets Business

Retrieved on: 
Thursday, July 20, 2023

HighVista Strategies LLC (“HighVista”), an alternative asset manager investing in private and public markets, today announced the signing of a definitive agreement to acquire the U.S. private markets business of abrdn Inc. (“abrdn”), abrdn plc’s US subsidiary, including the U.S. private equity and venture capital assets, and the investment and operational teams.

Key Points: 
  • HighVista Strategies LLC (“HighVista”), an alternative asset manager investing in private and public markets, today announced the signing of a definitive agreement to acquire the U.S. private markets business of abrdn Inc. (“abrdn”), abrdn plc’s US subsidiary, including the U.S. private equity and venture capital assets, and the investment and operational teams.
  • The senior U.S. private equity team, including John Dickie, Scott Reed, Whit Matthews, Rob Nagle and Ryan Tiffany will continue to manage the U.S. private equity strategy.
  • The acquisition is anticipated to add $4 billion of assets under management and 30 employees to HighVista.
  • “The combination of abrdn’s U.S. private equity and venture capital business with HighVista unites two teams that are culturally and philosophically aligned, especially around our investment approach and pursuit of alpha in inefficient markets,” said André Perold, CIO, co-founder and partner at HighVista Strategies.