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Weil advised Brookfield Asset Management on latest fund formation

Weil, Gotshal & Manges advised Brookfield Asset Management, Inc. in the formation of its latest flagship global infrastructure fund, Brookfield Infrastructure Fund IV, with total commitments of $20 billion.

Weil previously advised Brookfield in its formation of Brookfield Infrastructure Fund III, a $14 billion fund, as well as its predecessor funds.

The Weil team was led by Private Funds partner Andrew Chizzik and included Private Funds counsel Jacquelyn Volpe and associates Brittany Burnham, Semhar Woldai, Yoon Jeong Lee, Caylye Nordling and Liora Schiff (Not Yet Admitted in New York). The team also included Tax partner Robert Frastai; Tax counsel Alex Farr; and Tax associate Michael Rivkin.

Norton Rose advises consortium of banks on $500m bond issuance

Global law firm Norton Rose Fulbright has advised Australia and New Zealand Banking Group Limited, Citigroup Global Markets Limited, Emirates NBD Bank PJSC, Industrial and Commercial Bank of China Limited, Dubai (DIFC) Branch, J.P. Morgan Securities plc and Société Générale as joint lead managers on a US$500 million bond issuance by Emirates NBD Bank PJSC.

The notes are due February 2025 and were issued off Emirates NBD Bank PJSC’s $12,500,000,000 Euro Medium Term Note Programme, which was updated in July 2019 and on which Norton Rose Fulbright also advised.

The Dubai-based Norton Rose Fulbright team was led by head of debt capital markets for the Middle East, Gregory Man, with assistance from senior associate, Ganna Vlasenko.

Gregory Man commented: “We are proud to have been involved in this transaction. This deal builds on Norton Rose Fulbright’s track record of advising on notable bond transactions in the region and once again provided us with the opportunity to represent many of our leading financial institutions clients.”

About Norton Rose Fulbright

We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 3,700 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa.

Recognised for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience with our knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing their businesses.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg.

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Duane Morris Celebrates Black History Month

Last year, Duane Morris had the honor of hosting civil rights icon Fred Gray, who shared inspiring stories of being the attorney who represented Martin Luther King Jr., Rosa Parks and others in some of the most consequential cases in the civil rights movement.

Growing up in the segregated South, Gray made a commitment to himself that he would “finish Alabama State, take the bar exam and destroy everything segregated I could find.”

Only months after being admitted to the bar, Gray’s first case was representing Claudette Colvin, who was arrested on March 2, 1955, in Montgomery, Alabama, for refusing to forfeit her seat for a white rider while on her way to school. While unsurprisingly losing that case (young Colvin was put on unsupervised probation), Gray kept all of the court documents, knowing that another opportunity would come.

After much discussion and strategising in the community, Gray’s friend Rosa Parks famously refused to give up her bus seat to a white rider on December 1, 1955. Parks, only his second client, was arrested on a Thursday and the case was quickly slated for the following Monday. Gray prepared the case over the weekend, while the activists in the community simultaneously prepared for the Montgomery bus boycott. Realising the boycott needed a spokesperson, they enlisted the help of Dr. King, who until that time had not been active in the civil rights movement. Gray argued the case for the next year, until finally achieving legal victory in federal court, ending the boycott after 382 days.

The attention drawn by Dr. King during the boycott prompted state authorities to charge King, who had left Alabama, for perjury in connection with filing a false tax return, of which he was acquitted. Of the achievement, Gray said, “We had a good team together and were able to get an all-white jury in the middle of the sit-in demonstrations in the spring of 1960 to end up finding that Dr. King was innocent of perjury.” Gray went on to explain, “I think that was one of the most important cases because he was now protesting the Vietnam War. If it had come out that, while he was leading this new civil rights organisation and at the same time he’s cheating and wouldn’t pay his taxes, it would have been devastating.”

In the decades that followed, Gray’s legal work in the 1960s included paving the way for redistricting and reapportioning legislative bodies across the nation with the “one man, one vote” concept; getting court-ordered protection for marchers as they walked from Selma to Montgomery to present grievances as a result of being unable to vote; one of the first civil rights actions brought to remedy systematic exclusion of blacks from jury service; and integrating all state institutions of higher learning in Alabama under the control of the state Board of Education, as well as most elementary and secondary school systems. In the 1970s, Gray served as counsel to preserve and protect the rights of those involved in the infamous Tuskegee syphilis study and has been the moving force in the establishment of the Tuskegee Human and Civil Rights Multicultural Center.

Legacy in Law

George Boyer Vashon was born in Carlisle, Pennsylvania, in 1824. His father was an abolitionist who was a well-respected leader in the black community and the abolitionist movement. As a teenager, Vashon co-founded the Pittsburgh Anti-Slavery Society in 1838. He was the first African-American to graduate from Oberlin College in Ohio, where he was class valedictorian. Vashon apprenticed for the law in Pittsburgh under Judge Walter Forward, who was later U.S. Secretary of the Treasury.

Despite of his qualifications and academic achievements, Vashon was not allowed to sit for the Pennsylvania bar exam due to his race.

Instead, Vashon moved to New York and became the first licensed African-American attorney in that state. He then taught in Haiti; practiced law in Syracuse, New York; was a professor at New York Central College; and later returned to Pittsburgh, where he became a principal at African-American public schools and served as president of Avery College. He again petitioned to sit for the Pennsylvania bar exam, 20 years after his first attempt, and was again denied. Vashon moved to Washington, D.C., where he was admitted to practice before the U.S. Supreme Court. In 1867, he became the first black professor at Howard University. Vashon became a professor of ancient and modern languages at Alcorn University in 1873.

More than a century and a half after being denied admission to the bar in Pennsylvania because of the color of his skin, Vashon’s great-grandson Nolan N. Atkinson Jr., his firm Duane Morris and others set out to right this historical wrong, finally winning official recognition from the Pennsylvania Supreme Court and getting Vashon admitted to the state bar in an official ceremony in 2010.

When the Minority Corporate Counsel Association awarded Duane Morris with its prestigious Innovator Award in 2012, the MCCA renamed the award after Vashon. Duane Morris has also gone on to keep the pioneer’s legacy going by hosting the annual George B. Vashon lecture series, which has seen academic leaders, federal judges, legislators and others speak on civil rights and social justice issues.

History of Firsts

During Nolan Atkinson’s nearly 25 years at Duane Morris, his focus on his thriving commercial litigation practice never prevented him from making sure he used that position to continue the work of people like Vashon. Atkinson, a participant in the 1963 March on Washington, was instrumental in the Philadelphia Diversity Law Group, Inc., a consortium of law firms and corporations committed to increasing ethnic and racial diversity in Philadelphia’s larger law firms. He was a tireless contributor to the Conference of Minority Partners in Majority Corporate Law Firms, a constituent entity of the Commission on Racial and Ethnic Diversity in the Profession of the ABA and numerous other groups focused on diversity. He was the first Chief Diversity Officer at Duane Morris and served in that role for eight years.

Fittingly, when the City of Philadelphia wanted to establish the role of Chief Diversity and Inclusion Officer, Mayor Jim Kenney turned to Atkinson. Since 2016, Atkinson has brought his energy to knocking down the barriers that had historically kept the city’s large workforce racially and economically divided and creating a culture that attracts talented, diverse leaders to Philadelphia government.

Diversity & Inclusion

Helmed by Joseph K. West, who succeeded Atkinson in 2016 as Duane Morris’ Chief Diversity and Inclusion Officer, the firm’s diversity and inclusion program is managed with the objective of utilising the best talent worldwide in solving legal problems. The firm recruits a diverse pool of lawyers that collectively possess an awareness of cutting-edge 21st century issues—legal, social and economic—for which clients require solutions. West has stated, “We see our robust approach to diversity and inclusion not just as a critical part of the DNA of the firm and essential to our business, but also as central to our every interaction with each of our clients. It allows us to engage with existing and prospective clients, with existing and prospective employees and with every aspect of our public engagement where we consistently emphasise that diversity and inclusion is part of the fabric of our firm and that it informs every aspect of our internal and external relationships.”

West, in addition to being an active litigator representing domestic and global companies, is a nationally recognised subject matter authority in the field of diversity and inclusion, and leader of the firm’s unique Diversity and Inclusion Consulting Group which focuses on crafting sustainable diversity and inclusion programs and solutions for corporate entities. Earlier in his career, West successfully leveraged his role as Head of Global Outside Counsel Management at Walmart to establish and meet diversity and inclusion goals through its outside counsel spend, for which he is recognised as being at the forefront of building the business case for diversity. He also facilitated the company’s role as an initial signatory to the Inclusion Initiative with the National Association of Minority & Women Owned Law Firms. West went on to spend five years as President and CEO of MCCA, tripling membership in the national advocacy group for corporate diversity and inclusion issues. In 2019, West was the recipient of the inaugural Lifetime Achievement Award: Diversity & Equality from Chambers and Partners.

Perella Weinberg Partners adds to their advisory team

Perella Weinberg Partners (PWP) today announced that it has elected two individuals to join the firm’s partnership.

“We are excited to welcome Doug McGovern (New York) and Cyrille Perard (Paris) to the firm’s Partnership,” said Peter Weinberg, Chief Executive Officer and Founding Partner of PWP. “They exemplify PWP’s culture of excellence – which they’ve demonstrated through hard work, dedication, commitment and an unparalleled drive to deliver for their clients, colleagues and the firm. We congratulate Cyrille and Doug on this tremendous accomplishment and look forward to their continued contributions to the firm.”

Professional Biographies:

Doug McGovern focuses on advising clients on capital structure and liability management matters.

Mr. McGovern has more than 18 years of experience. Prior to joining Perella Weinberg Partners in January of 2010, Mr. McGovern was at BPW Acquisition Corp, a Special Purpose Acquisition Company (SPAC) co-sponsored by Perella Weinberg Partners, from 2009 to 2010, where he helped lead the SPAC’s merger with Talbots, Inc. He was previously an associate of Brooklyn NY Holdings LLC, where he worked in the firm’s principal investing business. Prior to that, Mr. McGovern worked for Windward Capital Partners from 2002-2005. Mr. McGovern began his career as an Analyst at Credit Suisse First Boston.

Mr. McGovern earned an MBA from Wharton and a BA from Duke University.

Cyrille Perard advises clients across industries in France.

Mr. Perard has more than 18 years of corporate M&A and investment banking experience. Prior to joining Perella Weinberg Partners in 2018, Mr. Perard was Co-Head of M&A for the France, Belgium and Luxembourg Region at Goldman Sachs. He joined Goldman Sachs in 2001 working in its London, San Francisco and Paris Offices.

Mr. Perard holds a Masters degree from the Institut d’Etudes Politiques de Paris and is a graduate of the Ecole Nationale des Ponts et Chaussées.

Arthur Goldstein Honoured by the Thomas Jefferson Democratic Club

DHC Partner Arthur Goldstein was honoured by the Thomas Jefferson Democratic Club of Canarsie, Brooklyn, at their 64th annual dinner dance at the El Caribe Country Club on November 17. Pictured are Goldstein with United States Senator Charles Schumer.

Arthur Goldstein has worked in all aspects of government relations, particularly New York City, New York State and Westchester County government, legislative, and agency processes. His practice areas also include Administrative Law, Land Use, and Regulatory Law. His government experience spans more than twenty five years, including positions with the New York City Council and the administration of New York Mayor Edward I. Koch. Before joining Davidoff Hutcher & Citron, Mr. Goldstein was counsel to New York City Council Speak Peter F. Vallone for several years. Mr. Goldstein’s years of experience have provided him with a keen understanding of the ins and outs of municipal and state government in New York. He represents diverse clients, including major corporations, small businesses, restaurants, and several not-for-profit organisations.

Mr. Goldstein enjoys the interaction between government goals and individual entities’ needs. Often the broadness of government’s concerns obscures the impact on specific communities, industries, or businesses. Having worked in government for many years, he can help the decision-makers see how modifications can move a government plan forward and also benefit the larger community. Mr. Goldstein works with many not-for-profits, helping them explain their value to government in order to gain support for new programs or continue financial support to sustain ongoing activities.

Brown Rudnick bolsters Litigation practice in New York

Brown Rudnick added Michael Winograd as a partner in the firm’s New York office. He joins as a member of the firm’s Commercial Litigation Practice Group.

With over two decades of experience at leading international law firms, Winograd represents large corporations, private equity firms and financial institutions in high stakes litigation. His practice is focused on a broad range of commercial, securities, bankruptcy, and other complex civil litigation, as well as regulatory proceedings and internal investigations.

“Michael is a tremendous litigator bringing a breadth of knowledge in complex litigation and stretching across industries, including healthcare, financial services and sports,” said Neil Micklethwaite, Managing Director of Brown Rudnick’s Dispute Resolution Department. “In the current litigation landscape, our clients regularly inquire about a range of matters from the uptick in healthcare litigation and bankruptcy proceedings, to best practices to avoid litigation specific to their industry. Michael’s twenty years of experience make him a valuable asset to our growing litigation practice, and we are excited to welcome him to the team.”

Winograd has litigated in federal and state courts throughout the United States and before domestic and foreign arbitration panels and regulatory agencies. He has successfully litigated matters through judgment, negotiated settlements, and represented clients on both sides of expedited applications for emergency relief. He also routinely counsels entities and their boards on strategy and risks in connection with potential disputes and transactions.

“The quality and reputation of Brown Rudnick’s lawyers are second to none, and the firm’s collaborative global platform and specialised feel of a true law partnership focused on providing quality service make it a perfect fit for me and my practice,” said Winograd. “The firm’s strategic growth in key markets and industries matches up well with the needs of my client base and will broaden my practice’s capabilities in a range of complex litigation matters. I look forward being a part of this exceptional team.”

Winograd is an adjunct professor at the Fordham University School of Law and co-founder of the Harlem Education Advancement Fund (HEAF) Legal Mentoring Program, where he was a recipient of the HEAF Long-term Volunteer Service Award.

After playing professional soccer in Israel and coaching men’s soccer at the University of Richmond, Winograd co-started a second division professional A-League soccer franchise. In 2018, he was a second-ballot candidate for President of U.S. Soccer.

Winograd earned his J.D. from University of Pennsylvania Law School, cum laude, Order of the Coif, and his B.A. from Lafayette College.

If you would like to find out more information, please visit: http://www.brownrudnick.com/