All Announcements
Weil advises Apergy in a reverse Morris Trust acquisition of ChampionX
Weil advises Apergy Corporation, a provider of equipment and technologies that improve O&G drilling and production efficiency and safety, in a Reverse Morris Trust acquisition of ChampionX (f/k/a Nalco Champion), a supplier of sustainable chemistry programs and services to upstream and midstream O&G operators, from Ecolab Inc., creating an entity with a combined $7.4 billion enterprise value. The transaction closed on June 4, 2020.
Read MoreWeil adds banking & finance partner Eliot Relles in New York
Weil, Gotshal & Manges LLP announces that Eliot Relles has joined the Firm as a partner. He is part of Weil’s global Banking & Finance practice and is based in the Firm’s New York office.
Read MoreWeil adds assistant director of FTC Bureau of Competition Michael Moiseyev as partner in Washington, D.C.
Weil, Gotshal & Manges LLP announces that Michael Moiseyev has joined the Firm as a partner. Mr. Moiseyev joins Weil after 30 years at the Federal Trade Commission, including 16 years as Assistant Director leading the Mergers I Division in the Bureau of Competition.
Read MoreWeil advises Providence Equity in $400M acquisition of shares of OUTFRONT Media
Weil is advising Providence Equity Partners as lead investor, together with Ares Management, in a $400 million acquisition of convertible preferred shares of OUTFRONT Media, Inc., a publicly traded provider of outdoor advertising services. The transaction is subject to customary closing conditions.
Read MoreWeil wins dismissal of stockholder derivative action against lululemon regarding CEO misconduct
April 2, 2020, Weil won a decisive victory for the Board of Directors of global retailer lululemon athletica inc. in a stockholder derivative complaint alleging that the company’s former CEO – in plaintiff’s words – “created a toxic culture at lululemon and engaged in a pattern of sexual harassment and sexual favoritism while CEO.” The Delaware Court of Chancery’s 39-page opinion granted the Board’s motion to dismiss the action in its entirety.
Read MoreSteven A. Reiss to receive ABA John H. Pickering Achievement Award
Retired partner Steven A. Reiss will receive the American Bar Association’s 2020 John H. Pickering Achievement Award in recognition of his legal work, dedication to pro bono service and the community, and significant contributions to the furtherance of access to justice for all. He will be honored at a reception and dinner in Washington, D.C. on April 22.
Read MoreWeil advises Front Yard Residential in its $2.3B sale to Amherst Residential
Weil is advising Front Yard Residential Corporation, a REIT that acquires, owns and manages single-family rental properties throughout the United States, in its $2.3 billion sale to Amherst Residential, LLC, a vertically-integrated provider of high-quality and affordable rental homes. The transaction is expected to close in the second quarter of 2020, subject to customary closing conditions.
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