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Duane Morris Welcomes Real Estate Partner Tom Galli

Tom Galli has joined Duane Morris LLP as a partner in the firm’s Real Estate Practice Group. Prior to joining Duane Morris, Galli was a partner at Seyfarth Shaw LLP.

“Our Real Estate group is a high-performing practice, and its ongoing success is an important component of our strategy as a national, leading law firm,” said Matthew A. Taylor, Chairman and CEO of Duane Morris. “With Tom’s experience and relationships, we anticipate new growth opportunities as data centre, large development and public-private partnership projects move ahead in the United States.”

“Tom’s extensive experience on large-scale real estate transactions, distressed assets and complex financing arrangements will be a significant and synergistic boost to our Real Estate capabilities,” said George Kroculick, co-chair of the firm’s Real Estate Practice Group. “We are delighted that Tom has chosen to join us. His skillset and client base are great complements to those of our practice group,” added Chester Lee, Real Estate Practice Group co-chair.

“I am pleased to be part of a thriving Real Estate group. Duane Morris represents a great strategic fit for clients with its large platform of offices across the U.S., in London and across Asia, and the breadth of sophistication of its business practices, particularly its Real Estate Practice Group. I am looking forward to being part of the firm’s collaborative culture and applying it to my practice,” Galli said.

With more than 30 years of experience, Galli represents clients on real estate transactions and developments for data centre, mixed-use, office, industrial, stadium, arena, retail and multifamily properties. He regularly represents private equity firms, REITs, publicly traded companies, developers, private companies and government agencies in a variety of real estate transactions and developments.

Galli is a 1988 graduate of Stanford School of Law and earned his B.S., magna cum laude, from the Wharton School of the University of Pennsylvania in 1985.

About Duane Morris

Duane Morris LLP provides innovative solutions to today’s multifaceted legal and business challenges through the collegial and collaborative culture of its more than 800 attorneys in offices across the United States and internationally. The firm represents a broad array of clients, spanning all major practices and industries.

DLA Piper advises SalesLoft in its US$100 million Series E financing

DLA Piper represented Atlanta-based start-up SalesLoft in its recent US$100 million Series E financing led by Owl Rock Capital, with participation from Insight Partners, HarbourVest, and Emergence.

SalesLoft’s sales engagement platform helps industry-leading companies generate more revenue and deliver better experiences to their customers. DLA Piper also advised SalesLoft in its US$70 million Series D round in 2019. The company has now raised a total of US$245 million and is valued at US$1.1 billion.

“We were proud to again partner with SalesLoft in its latest financing round, bringing our wide-ranging experience advising high-growth technology companies on complex transactions to achieve a successful result. We look forward to supporting SalesLoft in its success as it expands its customer base and continues to transform the sales industry,” said Jeffrey Leavitt, the DLA Piper partner who led the firm’s deal team.

“Working with Jeff and the DLA Piper team has been a phenomenal experience. The team provides an exceptional level of support and guidance, and their attention to detail and professionalism ensured that closing this financing round was a smooth and efficient process,” said Kyle Porter, CEO of SalesLoft.

“DLA Piper brings a business-oriented approach to every matter they take on, and Jeff’s background as a former VC and entrepreneur himself gives him a unique ability to understand and prioritise the business issues we care about. The firm’s focus and responsiveness was a key factor in helping us secure this funding and move our goals forward. We were extremely pleased to partner with them once again,” said Chad Gold, CFO of SalesLoft.

In addition to Leavitt (Atlanta), the DLA Piper team advising SalesLoft included partners Stacy Paz (Silicon Valley), Julia Kovacs and Jennifer Kashatus (both of Washington, DC); and associates Puja Vadodaria and Mario Bolaños (both of Atlanta).

DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers in the US who provide strategic counsel to emerging companies in high-growth industries, including biotech, manufacturing, communications, software and semiconductors. Over the last three years, DLA Piper has completed more than 2,100 financings totalling over US$31 billion.

DLA Piper’s global Technology sector lawyers work across practice areas and offices to support technology clients – from start-ups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.

Chicago Partners Again Honoured as Notable Minorities in Law

For the second consecutive year, Crain’s Chicago Business has named partners Zulf Bokhari, Roderick Branch, and Robert Fernandez to its Notable Minorities in Accounting, Consulting, and Law 2020 list. The honourees are recognised for having “overcome challenges and bias to rise to the top of their professions” through both their practice work and efforts to advance diversity and inclusion.

Bokhari, a member of Latham’s Banking Practice, represents leading commercial and investment banks in the syndicated loan markets, often advising on cross-border financings for working capital, acquisitions, and other purposes. A profile published by Crain’s highlighted his recent representation of a major US bank on multiple transactions, including as lead agent/arranger and lender in US$2 billion revolving credit facilities for a global health care company and related financings for its European operations. Crain’s also noted his role on the advisory board of the Kellogg Institute for International Studies at the University of Notre Dame.

Branch, a member of Latham’s Capital Markets and Latin America Practices, advises on capital markets transactions, with a focus on securities offerings by non-U.S. issuers. His published profile featured Branch’s recent representations of IEnova, Mexico’s largest private-sector energy company, in an US$800 million bond offering, Aon in a US$1 billion senior note financing, Hyatt Hotels in bond financings of US$1.65 billion, and Cars.com in its debut US$400 million high-yield financing. Branch is the immediate past Chicago office leader of Latham’s Hispanic/Latin American Lawyers Group, and he leads the firm’s International Visiting Associate program, through which law firm associates join Latham full time for a year. In 2020, Branch was also named to the Chicago Symphony Orchestra board of trustees.

Fernandez, a member of Latham’s Real Estate Practice, specialises in financings, acquisitions, dispositions, joint ventures, commercial leasing, and real estate development. His profile in Crain’s noted his recent advise to institutional investors on joint ventures in connection with multifamily, student housing, industrial, and large mixed use developments. For example, he advised a hedge fund in connection with a large office tower lease in Chicago, and a real estate investment and hospitality management company on a joint venture to acquire a Las Vegas hotel and casino. Fernandez is a member of Latham’s Global Diversity Leadership committee and is Chicago office leader of the firm’s Hispanic/Latin American Lawyers Group. He also serves on the Civic Federation board in Chicago.

In addition to the trio being selected among the 2019 Notable Minorities in Accounting, Consulting, and Law honourees, Bokhari and Branch were also previously included in Crain’s predecessor lists of the Most Influential Minority Lawyers in Chicago in 2017 and 2018.

Cathy Birkeland Honoured in Inaugural Women in Law Report

Cathy Birkeland, the Office Managing Partner of Latham & Watkins in Chicago, has been featured in the inaugural Women in Law report by the Chicago Law Bulletin, which profiled “50 exceptional women leaders in the law… who have achieved success while mentoring and promoting other women and have been shining examples of leadership.” 

Her published profile highlighted both Birkeland’s leadership roles in Latham’s Chicago office and her market-leading practice as a member of the firm’s Capital Markets Practice. It also cited her dedication to mentoring young lawyers and deep commitment to diversity, as well as her active involvement in the Chicago community — including her current leadership of Latham’s Chicago Taskforce for the Commitment to Racial Justice and Economy, which is dedicated to fighting racial injustice and promoting equality through pro bono efforts, programming, and financial support for Chicago-based organisations.

Latham is dedicated to working with clients to help them achieve their business goals and overcome legal challenges anywhere in the world. From a global platform spanning 14 countries, Latham lawyers help clients succeed.

Eversheds Sutherland named Tax Practice Group of the Year

Eversheds Sutherland is pleased to announce that its Tax Practice Group has been selected as Practice Group of the Year by Law360 for the third consecutive year, and for the sixth time in the last seven years. The group has been recognised for its role in helping clients succeed in high-stakes litigation and critical business challenges in Federal, International, and State and Local tax.

“Tax has long been one of Eversheds Sutherland’s premiere practice groups, and it is an honour to be recognised consistently for the team’s tremendous work,” said Mark D. Wasserman, Eversheds Sutherland Co-CEO. “I congratulate them for their exceptional accomplishments, excellent client service and for receiving this award.”

The Law360 Practice Group of the Year award honours law firms that have worked on the biggest deals or have achieved the biggest wins in the most important cases throughout the legal industry in the past year.

“We have had a particularly strong year in tax planning and tax controversy. We are fortunate to have a group of talented tax lawyers whose experience span the breadth of every significant tax specialty area. Our lawyers are committed to providing our clients with thoughtful and integrated tax advice, and we are humbled to be recognised as a top practice group for the third year in a row,” said Jeffrey A. Friedman, US Tax Practice Group Leader.

Eversheds Sutherland serves as tax counsel to many of the world’s most prominent corporations—including more than 35 of the Fortune 100—in every area of federal, international, state and local tax law. Our prominence in legal tax services dates back to the firm’s founding nearly a century ago. More than 100 tax attorneys represent taxpayers in federal, international, employee benefits, insurance, tax exempt, and state and local tax matters. By virtue of the size of our tax practice and our varied client base, we are active in every area of taxation—from planning the most complex corporate tax transactions to representing taxpayers in administrative and judicial tax controversies.

Kirkland counsels Clearlake on decision to acquire Dimora Brands

Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it has signed a definitive agreement to acquire TKE Holdings, Inc., dba Dimora Brands (“Dimora Brands” or the “Company”), a leading provider of branded specialty hardware and home accessories, from affiliates of The Jordan Company. Financial terms of the transaction were not disclosed.

Dimora Brands, a Dallas-based designer, manufacturer and seller of high-end hardware and home accessories, was created in 2010 by the merger of Top Knobs and Hardware Resources. Since then, the Company has become an industry leader by delivering a premium product offering that appeals to a diverse set of aesthetic styles and price points. Dimora Brands achieved its strong reputation through consistent successful launches of new kitchen and bath decorative and functional products, as well as through acquisitions of other leading companies with complementary product lines. Underlying the Company’s significant track record of excellence is a robust logistics operation that delivers over 29,000 SKUs across the United States.

“We are excited to partner with Clearlake and are thankful for The Jordan Company’s support over the last four years,” said Greg Gottlieb, CEO, Dimora Brands. “Our robust operating model and sourcing infrastructure have positioned Dimora Brands to become the leading provider of specialty hardware and home accessories. We believe that Clearlake’s deep experience in building products distribution and operational insights will advance the Company into its next chapter of continued success.”

“We are thrilled to back Dimora Brands and leverage our significant experience investing in building products,” said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, Clearlake. “We are confident that the Company is well-positioned to capitalise on the strong momentum in home improvement spend and remodelling activity. We look forward to leveraging our O.P.S.® framework in partnership with management to accelerate Dimora Brands’ organic growth plans and continue executing a consolidation strategy in this highly fragmented market.”

The Company was advised by Baird, and Clearlake was advised by Deutsche Bank.