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Michael Chen represents technology and life sciences companies in connection with their strategic goals, including licenses, collaborations, acquisitions, commercial agreements, and general corporate matters.
October 25, 2016, Covington Alert
In a recent case, Robinson v. U-Haul Company of California, the California Court of Appeal for the First Appellate District affirmed a trial court's award of attorney’s fees and issuance of a permanent injunction against a company from using a noncompete in its California dealer contracts.
October 8, 2015
WASHINGTON, DC, October 8, 2015 — Covington advised Prosper Marketplace, a leading online marketplace that connects borrowers and investors, in its acquisition of BillGuard, a personal finance analytics company. The financial terms of the deal were not announced.
According to the company’s press release, the acquisition will enable Prosper Marketplace to offer ...
April 13, 2015
SAN FRANCISCO, April 13, 2015 — Covington advised Prosper Marketplace, Inc. in its $165 million Series D financing. This round was led by Credit Suisse NEXT Investors, part of Credit Suisse Asset Management, and included J.P. Morgan Asset Management, SunTrust Banks, a subsidiary of USAA, BBVA Ventures (BBVA’s representative office in San Francisco), Neuberger ...