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Latham & Watkins advises Inari Medical in upsized IPO

Inari Medical, Inc., a commercial-stage medical device company focused on developing products to treat and transform the lives of patients suffering from venous diseases, has announced the pricing of its upsized initial public offering of 8,202,565 shares of its common stock at a public offering price of US$19.00 per share, for total gross proceeds of approximately US$156 million, before deducting underwriting discounts and commissions and offering expenses. All of the shares are being offered and sold by Inari. In addition, Inari has granted the underwriters a 30-day option to purchase up to an additional 1,230,384 shares of common stock at the initial public offering price, less underwriting discounts and commissions. Inari’s common stock began trading on the Nasdaq Global Select Market on May 22, 2020 under the symbol “NARI.”

Latham & Watkins LLP represents Inari Medical, Inc. in the initial public offering with a capital markets team led by Orange County partner Shayne Kennedy and New York partner Nathan Ajiashvili, with Orange County associates Ross McAloon, Eric Hanzich, and Jacob Walsh. Advice was also provided on benefits and compensation matters by Los Angeles partner Michelle Carpenter, with Orange County associates Sara Schlau and Gabrielle Masse; on tax matters by Los Angeles partner Samuel Weiner, with Orange County associate Janet Hsu; on intellectual property matters by Bay Area partner Judith Hasko, with San Diego associate Robert Yeh; and on regulatory matters by Washington, D.C. partner Elizabeth Richards and Brussels partner Hector Armengod, with Bay Area counsel Betty Pang, Washington, D.C. counsel Nicole Liffrig Molife, Washington, D.C. associate Chad Jennings and New York associate Heath Ingram.

Clifford Chance adds Sharis Pozen to Wider Leadership Group

Leading international law firm Clifford Chance has today announced that Sharis Pozen has joined the firm’s global leadership team.

Pozen is is the co-head of the firm’s global Antitrust group. She has extensive experience in both government and private practice. Over the course of her career, Pozen has held senior positions at General Electric, the US Department of Justice and the US Federal Trade Commission. She joined the firm as partner in May 2019.

Pozen now sits on Clifford Chance’s Wider Leadership Group (WLG) which includes the heads of the firm’s global practice areas, as well as the members of the firm’s Executive Leadership Group (ELG), Clifford Chance’s top strategic decision-making body.

Matthew Layton, Clifford Chance Managing Partner offers, “Given Sharis’ exceptional legal skills and broad leadership experience, we’re excited to bring her perspectives to our leadership group as we execute our strategy and plan for the future. With her addition, we continue to see the diversity of this group grow. Such variety of voices and perspectives only strengthens our firm, and this is equally true at leadership level. I very much look forward to collaborating with Sharis over the coming years.”

The WLG undertakes two formal reviews of the firm’s strategy each year. Pozen will join these meetings, as well as other relevant ELG sessions, including those hosted by the Americas. She will serve a term of two years.

Pozen has also been appointed to Clifford Chance’s Americas Management Committee, which is responsible for strategic and business planning, operational performance and financial management of the firm in the Americas region.

Top Firms for Gender Equity & Family Friendliness Report

Yale Law Women (YLW) recognised Kirkland & Ellis LLP as a Top Firm for Parental & Caregiver Leave in its 2020 annual Top Firms for Gender Equity & Family Friendliness Report.

The annual list is a policy survey of Vault 100 law firms that examines inequities within the legal profession, highlights progress being made in the industry and identifies areas for improvement to serve as a tool for law firms, lawyers, and future lawyers with the aspiration of building more equitable workplaces.

Kirkland & Ellis LLP was previously honoured as a Top Family Friendly Firm in 2008, 2010, 2011, 2014 and 2015.

About Kirkland & Ellis

Kirkland & Ellis LLP is an American law firm. Founded in 1909 in Chicago, Illinois, Kirkland is the largest law firm in the United States by revenue (US$4.15 billion in 2019), and the seventh largest in terms of number of attorneys (2,307 in 2019).

Eversheds Sutherland publishes The State of Cannabis Law

Eversheds Sutherland is pleased to announce the publication of its comprehensive cannabis book, The State of Cannabis Law. Authored and researched by the firm’s Cannabis Industry team and published by Wolters Kluwer, The State of Cannabis Law is a first-of-its-kind book that provides an overview of all 50 states’ marijuana and hemp laws and includes information about key ancillary issues such as intellectual property, real estate and tax implications. The book is now available for purchase at the Wolters Kluwer online bookstore.

“Our Cannabis Industry team was formed to bring cross disciplinary insights to businesses operating in this rapidly growing industry, where state, federal and international regulations are still being developed,” said Mark D. Wasserman, Co-CEO of Eversheds Sutherland. “After working with many clients in the space, our team identified a need for comprehensive guidance on state-by-state laws which will hopefully be helpful to businesses working within and across state lines.”

As developments in the cannabis industry continue to move at rapid speed, current command of a state’s specific regulation, as well as its pending legislation and overall evolution with respect to cannabis, is vital for businesses to meaningfully work in the cannabis space, whether by serving clients, starting a business or as an ancillary service provider or other role. However, material available to make prudent decisions is often piecemeal and inconsistent in identifying various issues relevant in individual states. With this innovative book, the Eversheds Sutherland Cannabis Industry team has created a desk reference that provides industry participants with a streamlined and accessible starting point to understand the cannabis landscape in any given state.

“In the last decade, cannabis has emerged as a powerful tool for health, agricultural, and sociocultural and economic change,” said Anna C. Halsey, special counsel in the Eversheds Sutherland Intellectual Property practice group who co-authored and spearheaded the project. “Currently, more than two-thirds of the states and Washington DC have legalised marijuana for medical use while 11 states and Washington DC have legalised marijuana for adult or recreational use. Still more states have various nuances associated with their cannabis regulatory regimes. Due to these important variations, we have created this book and captured them in a single resource.”

Many significant legal and economic potentialities loom on the horizon that will continue to change the cannabis industry and legal landscape. As those changes happen, this book will evolve as well with upcoming editions.

About the Cannabis Industry Team

The Eversheds Sutherland Cannabis Industry Team is an assembly of experienced attorneys from across our practice groups and offices who serve the expanding and diverse needs of the cannabis industry. We combine deep industry knowledge, a network of relationships and subject matter experience to provide clients with the advice needed to successfully launch, grow, manage and work with cannabis companies. We scan for and study with depth the rising cannabis business questions and challenges—from communications and branding to transportation and banking—and proactively work with clients to develop strategic plans that leverage opportunities and address relevant issues. Our Cannabis Industry Team brings the legal and regulatory frameworks necessary to most any business decision made in the industry.

Duane Morris elevates four attorneys to special counsel

Duane Morris LLP is pleased to announce that it has promoted four associates to special counsel. The firm represents a broad array of clients, spanning all major practices and industries.

“David, Heather, Stuart and Gretchen are tremendous attorneys and have proven their commitment to our clients through their hard work and initiative,” said Duane Morris Chairman and CEO Matthew A. Taylor. “We’re pleased to be able to recognise their accomplishments and look forward to watching them continue to build prosperous legal careers.”

David A. Kahn practices in the areas of corporate and healthcare law, with a particular emphasis on mergers and acquisitions, regulatory compliance, corporate entity and limited liability company formation and organisation, and other general corporate matters. He has experience in the preparation of stock, membership interest and asset purchase agreements, operating agreements and shareholder agreements, employment agreements, confidentiality, noncompetition, non-solicitation and nondisclosure agreements, general corporate counselling and other transactional matters.

Kahn is a graduate of Emory University School of Law (J.D., 2007), where he was a member of the Moot Court Society, and a graduate of Union College (B.A., 2002). Prior to entering law school, Kahn worked as a corporate paralegal for two years at an international law firm.

Heather N. King practices in the area of corporate and securities law, representing clients in connection with complex financings, mergers and acquisitions, venture capital and private securities offerings. She regularly advises management teams and board of directors regarding corporate governance and matters relating to company operations. King has extensive experience advising clients in a variety of industries, including corporate clients in the technology, financial services, consumer products and healthcare industries.

King is a graduate of the University of Baltimore School of Law (J.D., magna cum laude, 2008), where she was associate comments editor of the Law Review, and a graduate of Stevenson University (B.S., magna cum laude, 2000).

Stuart I. Seiden practices in the area of litigation and focuses on representing the interests of clients in state, federal and bankruptcy court litigation matters throughout New Jersey, New York and Pennsylvania. He has experience in mortgage-related litigation; consumer bankruptcy, including adversary proceedings; consumer credit card litigation; and consumer and commercial collections litigation. Seiden’s practice includes defending lenders, servicers and credit card companies from actions brought under TILA, RESPA, HOEPA, NJHOSA, ECOA, FCRA, TCPA and state consumer fraud statutes. He also responds to consumer disputes sent to his clients by state attorneys general offices, the Consumer Financial Protection Bureau and other regulatory agencies. Seiden also has appellate experience in the mortgage-related litigation space.

Seiden is a graduate of Rutgers University School of Law–Camden (J.D., 2005), Lebanon Valley College (B.A., 2002) and The Hill School (1998). Prior to entering private practice, he served as law clerk to the late Hon. M. Allan Vogelson, presiding judge, Chancery Division, Camden County Superior Court. Additionally, Seiden worked for The Sports Corporation, a major professional hockey agency in Edmonton, Alberta, Canada.

Gretchen L. Temeles, Ph.D., focuses her practice on patent procurement and patent portfolio management in the biotechnology, chemical and pharmaceutical industries. She counsels clients from multiple industry sectors including established specialty chemical, diagnostic and medical device companies, midmarket biotech companies, medical cannabis and cannabinoids, early stage start-up companies and universities. Temeles’ experience includes both U.S. and international patent prosecution, patent landscape analyses, freedom-to-operate searches, patent due diligence, noninfringement and invalidity opinions and European opposition proceedings. She works with clients to balance their patent and trade secret portfolios and assists clients with transactional work, including material transfer agreements, sponsored research agreements and licensing agreements. Temeles has experience in prelitigation and litigation matters in molecular diagnostics.

Temeles is a graduate of Temple University Beasley School of Law (J.D., 2009), Yale University (Ph.D., biology, 1987) and the University of Pennsylvania (B.A., cum laude, 1974). Prior to her legal career, Temeles was a research scientist and group leader in a biotechnology company, where she worked on target identification and small molecule drug discovery. Previously, she held research positions at the University of Pennsylvania and Merck Sharpe and Dohme Research Laboratories. Temeles is a co-inventor on two U.S. patents and has authored peer-reviewed scientific papers.

Duane Morris Joins Massachusetts COVID Relief Coalition

Duane Morris LLP has joined the COVID Relief Coalition for Small Businesses and Non-profits, a Massachusetts coalition of law firms, non-profits and government agencies providing pro bono legal support, access to emergency loans and other sources of relief to small businesses and non-profits impacted the COVID-19 pandemic.

Massachusetts small businesses and non-profits can visit covidreliefcoalition.com for access to free legal support on pandemic-related issues including real estate, tax and contractual matters. They can also apply for emergency loans and other sources of relief.

Coalition members include the Massachusetts Attorney General’s Office, City of Boston, Greater Boston Chamber of Commerce, Boston Bar Association, The Boston Foundation, the United Way of Massachusetts Bay and Merrimack Valley, Lawyers for Civil Rights and Lawyers Clearinghouse. Additional law firm partners include Brown Rudnick, Dechert, Fish & Richardson, Foley Hoag, Foley & Lardner, Goodwin, Goulston & Storrs, Kirkland & Ellis, Mintz, Morgan Lewis, Nelson Mullins, Ropes & Gray and WilmerHale.

About the Duane Morris COVID-19 Strategy Team

The Duane Morris COVID-19 Strategy Team is advising clients on all aspects of the legal issues and implications of the COVID-19 pandemic including contractual, employment, insurance and healthcare issues. 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.