Law firms

Centric Brands Announces Confirmation of Plan of Reorganization

Friday, September 18, 2020 - 12:30pm

Centric Brands Inc. (OTCBB: CTRCQ) (the Company), a leading lifestyle brands collective, announced today that the United States Bankruptcy Court for the Southern District of New York issued a ruling confirming the Companys Plan of Reorganization (the Plan).

Key Points: 
  • Centric Brands Inc. (OTCBB: CTRCQ) (the Company), a leading lifestyle brands collective, announced today that the United States Bankruptcy Court for the Southern District of New York issued a ruling confirming the Companys Plan of Reorganization (the Plan).
  • Centric Brands expects to emerge as a private company, under the supportive ownership of its current lenders led by Blackstone, Ares, and HPS.
  • Ropes & Gray LLP, PJT Partners, Inc., and Alvarez & Marsal served as legal, financial, and restructuring advisor to Centric Brands.
  • Centric Brands has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building.

3 Greenberg Traurig Minneapolis Attorneys Listed in the 2021 Edition of Best Lawyers in America

Wednesday, September 16, 2020 - 11:55pm

About Greenberg Traurig's Minneapolis Office: Established in 2019, Greenberg Traurig's Minneapolis office provides clients with an innovative, business-minded perspective along with strong location connections to business, industry and government.

Key Points: 
  • About Greenberg Traurig's Minneapolis Office: Established in 2019, Greenberg Traurig's Minneapolis office provides clients with an innovative, business-minded perspective along with strong location connections to business, industry and government.
  • The office's core capabilities include commodities and structured finance, restructuring and bankruptcy, corporate trust and structured products litigation, finance and financial services litigation, intellectual property, complex commercial litigation, environmental litigation, tax, and agribusiness.
  • About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has approximately 2,200 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East.
  • GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100.

DLA Piper advises PROS Holdings, Inc. in its US$150 million convertible senior notes offering

Wednesday, September 16, 2020 - 7:32pm

NEW YORK, Sept. 16, 2020 /PRNewswire/ -- DLA Piper represented PROS Holdings, Inc. (NYSE: PRO), a provider of artificial intelligence-powered pricing and revenue management software products, in its offering of US$150 million aggregate principal amount of its convertible senior notes due 2027.The convertible notes were offered in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933.

Key Points: 
  • NEW YORK, Sept. 16, 2020 /PRNewswire/ -- DLA Piper represented PROS Holdings, Inc. (NYSE: PRO), a provider of artificial intelligence-powered pricing and revenue management software products, in its offering of US$150 million aggregate principal amount of its convertible senior notes due 2027.The convertible notes were offered in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933.
  • "Our capital markets team has been extremely active in the equity-linked securities markets this year, and we're elated to be able to leverage that experience in helping PROS achieve an excellent result in a choppy market," said Drew Valentine , a member of DLA Piper's capital markets team.
  • DLA Piper's global Technology sector lawyers work across practice areas and offices to support technology clients from startups to fast-growing and mid-market businesses to mature global enterprises doing business around the world.
  • DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning us to help clients with their legal needs around the world.

Morrison & Foerster Earns Mansfield Certification Plus Status for Third Consecutive Year

Tuesday, September 15, 2020 - 2:30pm

The firm is one of only 25 to have received Certification Plus for three consecutive years.

Key Points: 
  • The firm is one of only 25 to have received Certification Plus for three consecutive years.
  • The Mansfield Certification is administered by Diversity Lab, an incubator for innovative ideas and solutions that boost diversity and inclusion in law.
  • Morrison & Foerster was one of 44 of the country's leading law firms that joined Diversity Lab's pilot program of the Mansfield Rule from mid-2017 to mid-2018.
  • Morrison & Foerster again exceeded the pipeline consideration and current leadership position requirements to achieve 3.0 Certification Plus.

As Skadden Arps Lays Off Professional Staff While Boosting Attorney Pay, Citizens for a Pro-Business Delaware Slams the Firm for Inequitable Treatment of Employees

Tuesday, September 15, 2020 - 2:00pm

In the middle of a public health and economic crisis, Skadden is showing their true colors by firing the employees who can least afford it.

Key Points: 
  • In the middle of a public health and economic crisis, Skadden is showing their true colors by firing the employees who can least afford it.
  • These layoffs are even more indefensible when you consider the fact that Skadden reported $2.63 billion in revenue last year , including $3.9 million in profits per each partner at the firm.
  • While their primary goal of saving the company has been accomplished, they continue their efforts to fight for more transparency in the Delaware Chancery Court.
  • For more information on Citizens for a Pro-Business Delaware or to join the cause, visit DelawareForBusiness.org .

Adicet Announces Completion of Merger with resTORbio

Tuesday, September 15, 2020 - 1:56pm

The closing of this merger transaction marks the beginning of a new chapter for Adicet as a publicly traded company, said Chen Schor, President and Chief Executive Officer of Adicet.

Key Points: 
  • The closing of this merger transaction marks the beginning of a new chapter for Adicet as a publicly traded company, said Chen Schor, President and Chief Executive Officer of Adicet.
  • Adicet anticipates the following near-term milestones:
    In connection with the closing of the merger, resTORbio effected a 7:1 reverse split of its common stock.
  • For the merger transaction, JMP Securities LLC acted as financial advisor to resTORbio, Goodwin Procter LLP served as legal counsel to resTORbio and Morrison & Foerster LLP served as legal counsel to Adicet.
  • Adicet Bio, Inc. is a biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer and other diseases.

vTv Therapeutics Announces Appointment of Edward P. Taibi to its Board of Directors

Tuesday, September 15, 2020 - 12:30pm

HIGH POINT, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) -- vTv Therapeutics Inc. (Nasdaq: VTVT) announced the appointment of Edward P. Taibi, Executive Vice President of MacAndrews & Forbes Incorporated (MacAndrews), to the vTv Board of Directors.

Key Points: 
  • HIGH POINT, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) -- vTv Therapeutics Inc. (Nasdaq: VTVT) announced the appointment of Edward P. Taibi, Executive Vice President of MacAndrews & Forbes Incorporated (MacAndrews), to the vTv Board of Directors.
  • Ed will add significant value as a vTv board member and will be a tremendous asset in helping to drive our near-and long-term goals, said Steve Holcombe, CEO of vTv Therapeutics.
  • Prior to joining MacAndrews, Mr. Taibi served as a lawyer in the Mergers and Acquisitions group at Skadden, Arps, Slate, Meagher & Flom LLP.
  • I am honored to join vTv Therapeutics Board of Directors, said Edward P. Taibi.

Mian R. Wang Named to the Boston Business Journal's '40 Under 40'

Monday, September 14, 2020 - 8:00pm

BOSTON, Sept. 14, 2020 /PRNewswire-PRWeb/ -- Mian R. Wang , a litigation associate in the Boston office of global law firm Greenberg Traurig, LLP , has been named among the "40 Under 40" by the Boston Business Journal.

Key Points: 
  • BOSTON, Sept. 14, 2020 /PRNewswire-PRWeb/ -- Mian R. Wang , a litigation associate in the Boston office of global law firm Greenberg Traurig, LLP , has been named among the "40 Under 40" by the Boston Business Journal.
  • According to the publication, the "40 Under 40" award is the most competitive awards program it runs.
  • The honorees are C-suite executives, nonprofit leaders, entrepreneurs, innovators, healthcare workers, and law firm partners.
  • An important contributor to the firm's international platform, the Boston office includes a team of nationally recognized attorneys with both public and private sector experience.

EY Announces Sashi Narahari of HighRadius as an Entrepreneur Of The Year® 2020 Gulf Coast Area Award Finalist

Thursday, September 10, 2020 - 12:00pm

Ernst & Young LLP (EY US) announced that Sashi Narahari, Founder & CEO of HighRadius , a fintech enterprise Software-as-a-Service company (SaaS), was named an Entrepreneur Of The Year 2020 Gulf Coast Area Award finalist.

Key Points: 
  • Ernst & Young LLP (EY US) announced that Sashi Narahari, Founder & CEO of HighRadius , a fintech enterprise Software-as-a-Service company (SaaS), was named an Entrepreneur Of The Year 2020 Gulf Coast Area Award finalist.
  • It is truly an honor being named as a finalist for this years Entrepreneur Of The Year Award," said Sashi Narahari, President and CEO of HighRadius.
  • In the Gulf Coast Area, sponsors also include Colliers International, DLA Piper, ADP, LLC, Solomon Edwards, Pierpont Communications and Houston Business Journal.
  • EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs.

Diligent Launches Worldwide Partnership With Konexo to Expand Corporate Secretarial Services

Thursday, September 10, 2020 - 9:00am

Diligent today announced that it will enhance its robust entity governance solution through a new worldwide partnership with Konexo , developed by Eversheds Sutherland to provide alternative legal and compliance services.

Key Points: 
  • Diligent today announced that it will enhance its robust entity governance solution through a new worldwide partnership with Konexo , developed by Eversheds Sutherland to provide alternative legal and compliance services.
  • As a leading corporate secretarial services provider, Konexos footprint covers territories across the globe, including the UK, US, Hong Kong, Singapore, and Malaysia.
  • This new and dynamic partnership will bring together the strengths of each team to best support our clients now, and in the future, said Andy Casey, Head of Corporate Secretarial Services, Konexo.
  • This capability is complemented by Konexos expertise in advising and implementing corporate secretarial compliance and governance practices in over 100 jurisdictions worldwide.