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Latham advises NVIDIA on US$40 Billion acquisition of Arm

Latham & Watkins LLP represents NVIDIA in its acquisition of Arm Limited (Arm) from SoftBank in a cash and stock deal valued at up to US$40 billion. The combination brings together NVIDIA’s leading AI computing platform with Arm’s vast ecosystem to create the premier computing company for the age of artificial intelligence, accelerating innovation while expanding into large, high-growth markets. SoftBank will remain committed to Arm’s long-term success through its ownership stake in NVIDIA, expected to be under 10 percent.

The Latham deal team is led by M&A partners Josh Dubofsky and Charles Ruck in Silicon Valley and New York and Ed Barnett and Farah O’Brien in London, with associates Saad Khanani, Amro Suboh, Hector Sants, Stephanie Isaia, Oliver Cohen, Rachelle Polsky, Michael O’Halloran, Andria Varnavides, Angharad Simon, and Saavan Shah. San Francisco partner Joshua Holian, Brussels partner Sven Völcker, Washington, D.C. partner Les Carnegie, and London partners David Little and Charles Claypoole advised on regulatory matters with counsels Rita Motta, Jana Dammann, and Annie Froehlich, and associates Sophia Bertran, Natasha Pardawala, Giuditta Caldini, Alexandra Luchian, Niklas Brüggemann, and Rob Price.

Advice was also provided on tax matters by Washington, D.C. partner Nicholas DeNovio and London partner Sean Finn, with associates Pierce Pandolph, Aoife McCabe, and Jared Grimley; on intellectual property matters by London partner Deborah Kirk and Silicon Valley partner Anthony Klein, with associates Arielle Singh, Kirsty Watkins, Grace Erskine, and Elva Cullen; and on benefits and employment matters by London partner Catherine Drinnan, Paris partner Matthias Rubner, Munich partner Tobias Leder, and San Francisco partner Julie Crisp, with associates James Robinson, Adam Ray, Romain Nairi, and Agathe Flandre; on real estate matters by London partner Quentin Gwyer with associate Danni Davies; and on environmental matters by London partner Paul Davies with counsel Michael Green. Additional advice on the transaction was provided by counsels Rachel Alpert and Daniel Smith, and associates Jason Despain, Yasmina Vaziri, and Marcus Tomlison.

Byron Pacheco joins Kirkland’s Litigation Practice

Kirkland & Ellis LLP is pleased to announce that Byron Pacheco has joined the Firm as a partner in the Litigation Practice Group. He is based in the New York office.

Mr. Pacheco has experience representing clients in complex disputes, both at the trial court level and on appeal, in a variety of substantive areas, including antitrust, breach of contract, class actions, fraud, labour and employment and securities. He also has experience handling government and internal investigations and has maintained a strong pro bono practice.

“We are happy to welcome a rising star like Byron to our litigation practice here in New York,” said Sandra Goldstein, a litigation partner and member of Kirkland’s Executive Committee. “He’ll be able to immediately add value to the wide range of complex litigation matters we are handling, from securities litigation to antitrust, class actions and commercial matters.”

Earlier in his career, Mr. Pacheco clerked for judges in the Southern District of New York and the Northern District of California. Prior to law school, he was a researcher at Harvard’s Kennedy School of Government.

Mr. Pacheco is a member of the Puerto Rican Bar Association, and was a New York City Bar Association Associate Leadership Institute Fellow and a Leadership Council on Legal Diversity Pathfinder. He was also recently appointed to the Board of Directors of the Stonewall Community Foundation.

“I’m excited to join Kirkland’s litigation practice and I’m really looking forward to working with such a dynamic and talented team of lawyers,” Mr. Pacheco said.

Mr. Pacheco is an alumnus of Stanford Law School and earned bachelor’s and master’s degrees from Hamilton College and Harvard University, respectively. He was previously an associate with Boies Schiller Flexner.

Four DLA Piper lawyers join WILEF leadership

DLA Piper is pleased to announce that four of its lawyers have joined the leadership of the Women in Law Empowerment Forum (WILEF). Ellen Scordino, a member of WILEF’s Global Advisory Board, will now also become a WILEF Boston co-chair, and Mariah DiGrino, Colleen Carey Gulliver and Holly Lake will join WILEF’s Global Advisory Board.

Scordino, a Boston-based partner in DLA Piper’s Intellectual Property and Technology practice, focuses on patent litigation, commercial matters and client counselling in the pharmaceuticals, biologics, diagnostics, biofuels and medical device industries.

DiGrino, a Real Estate partner based in Chicago, concentrates her practice in the areas of land use and zoning, public-private financing, public incentives, historic preservation, and community and economic development, as well as general real estate.

Gulliver is a New York-based partner in DLA Piper’s Litigation and Regulatory practice. Her practice includes the defence of class actions in various substantive areas, such as consumer, privacy and securities litigation, for many different industries, including consumer goods and retail, transportation and technology, as well as corporate litigation and counselling, business litigation and securities enforcement matters.

Lake is a Los Angeles-based partner in DLA Piper’s Employment practice. She is an employment litigator and advisor. She has a breadth of experience defending clients across industries, not only in single/multiple plaintiff cases, but also defending employers in wage-and-hour class, collective and private attorney general representative actions under California laws and the Fair Labour Standards Act (FLSA), Title VII and the Fair Employment and Housing Act. She also advises clients on all matters related to employment, including OFCCP compliance and affirmative action program development.

WILEF is the premier organisation for women in law exclusively dedicated to women from the largest law firms and corporate law departments in the United States.

Duane Morris launch Meals for Healthcare Heroes program

Duane Morris’ Meals for Healthcare Heroes program provided meals for more than 20,000 medical professionals in 16 cities. Duane Morris’ COVID-19 Strategy Team established the initiative, funded by donations from Duane Morris attorneys and staff, to honour healthcare workers and support local restaurants.

The medical facilities and restaurants included:

  • Atlanta: Piedmont Hospital, Kale Me Crazy
  • Austin: St. David’s Medical Center, Rudy’s
  • Baltimore: University of Maryland Medical Center, Miss Shirley’s
  • Boca Raton: Boca Raton Regional Hospital, Shake Shack
  • Boston: Beth Israel Deaconess Medical Center, Saltie Girl
  • Chicago: Saint Anthony Hospital, Wishbone Chicago
  • Houston: Ben Taub Hospital, Los Tios
  • Los Angeles: Memorial Hospital of Gardena, Panda Express
  • Miami: Doctors Hospital – Baptist Health South Florida, Chick-fil-A
  • Newark: Saint Michael’s Medical Center, SuzyQue’s BBQ & Bar
  • New York: Mount Sinai West, Shake Shack
  • Philadelphia: Children’s Hospital of Philadelphia, Murray’s Deli
  • Pittsburgh: UPMC Shadyside, Market Street Grocery
  • San Diego: Stepping Stone of San Diego, Sisters Pizza
  • San Francisco: Laguna Honda Hospital, West of Pecos
  • Wilmington: ChristianaCare, Olympic Subs and Steaks

About the Duane Morris COVID-19 Strategy Team

The Duane Morris COVID-19 Strategy Team advises clients on all aspects of the legal issues and implications of the COVID-19 pandemic including contractual, employment, insurance and healthcare issues. Duane Morris attorneys are fielding inquiries and providing advice in a wide range of areas, including human resources, travel and transportation, immigration and border entry, hospital and healthcare operations, medical and pharmaceutical supply, FDA, food handling and preparation, OSHA, ADA compliance, data privacy, HIPAA, environmental and EPA, international transactions, shipping, supply chain and logistics, financial reporting, insurance liability, real estate issues, including landlord and tenant matters, and all types of contracts and quasi-contracts. Duane Morris has established a blog dedicated to COVID-19 issues and is distributing Alerts and sharing information via webinars and media interviews.

Baker McKenzie forms Global Task Force on Racial and Ethnic Diversity

Leading global law firm Baker McKenzie announces new Global Race & Ethnicity Task Force which will work across the Firm’s 77 offices in 46 countries and in concert with our efforts at a regional level, to help implement and operationalise programs to advance racial and ethnic diversity.

The Task Force will be led by Miguel Noyola based in our Chicago office and members include Claudia Benavides (Bogota), Anna Brown (New York), Sunny Mann (London), Anna Mello (Rio de Janeiro), Yoshiaki Muto (Tokyo), Veleka Peeples-Dyer (Washington DC), Joyce Smith (San Francisco), Kate Stonestreet (London) and Constanze Ulmer-Eilfort (Munich).

The Task Force will oversee allyship and anti-racism training; sponsorship of our Black colleagues and members of other underrepresented racial and ethnic groups; and a review of our recruitment and client programs. This work will also closely be connected to our program on social mobility and diverse pipeline efforts and will help progress other important D&I programs.

Constanze Ulmer-Eilfort, Chair of the Firm’s Global Diversity & Inclusion Committee commented: “Advancing Racial and Ethnic diversity has always been one of our most important D&I priorities and this Task Force will strive to effect change and to really make a difference. As a Firm we are proud of what we have achieved together on gender diversity and on LGBT+ inclusion. We can and must also make similar progress on racial and ethnic diversity.

“Change starts from within, and we must all embrace the need for change together. We are encouraging everyone to learn, reflect and work to become a more active ally. We need to open our minds and our hearts to the experiences of our Black community — there is so much for us to learn, to understand, and to reflect upon before change happens.”

If you would like to find out more information, please visit https://www.bakermckenzie.com/en/

Leading private equity partner joins Latham in the Bay Area

Latham & Watkins LLP is pleased to announce that Eric Schwartzman has re-joined the firm as a partner in the Corporate Department and member of the Mergers & Acquisitions and Private Equity Practices. He will practice from the firm’s Bay Area offices, advising private equity sponsors and their portfolio companies, strategic corporate acquirers, and target companies on sophisticated transactions, including mergers, acquisitions, dispositions, take-privates, carve-outs, restructurings, and joint ventures.

Schwartzman is particularly focused on representing private equity clients in sophisticated deals in the technology industry and its many subsectors. His experience also spans the telecommunications, consumer, energy, media and entertainment, financial services, healthcare, industrials, manufacturing, and retail sectors.

“We are thrilled to welcome Eric back to Latham as a partner in our premier global M&A and Private Equity Practices,” said Marc Jaffe, Global Chair of Latham & Watkins’ Corporate Department. “Continuing to build out these practices globally, nationwide, and particularly in the Bay Area is a strategic focus of the firm, as we are deeply committed to growing in line with our clients’ needs. Eric’s vast experience in the technology sector further underscores that commitment as we see our private equity clients increasingly focused on deals in the tech space.”

Tad Freese, Office Managing Partner of Latham & Watkins in Silicon Valley, added: “Eric’s skill set and experience leading complex transactions on behalf of private equity clients are perfectly aligned with our strong M&A and Private Equity Practices in the Bay Area. He is widely recognised as a preeminent private equity M&A lawyer and will be of tremendous benefit not only to clients in California but across Latham’s global platform.”

“Latham’s integrated global platform, private equity capabilities, substantial industry experience, and collaborative culture are all second to none. I am thrilled to re-join this world class firm where I grew up as a lawyer and made partner, to contribute to its continued growth and to serve our clients not only in the Bay Area, but across the United States and globally,” said Schwartzman.

Schwartzman re-joins Latham from Cooley in San Francisco. He previously practiced from Latham’s New York office both as an associate and partner from 2001-2012. He is the latest addition to an extensive group of prominent partners who have recently joined Latham’s Mergers & Acquisitions and Private Equity Practices, including Neal Reenan and Ian Bushner, who joined the firm in March, and Kate Withers, who joined in April.

Eric Schwartzman received his JD, magna cum laude, from Syracuse University College of Law and graduated Order of the Coif.