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May 19, 2017

NEW YORK—Covington advised Perella Weinberg Partners as financial advisor to Kate Spade & Company in connection with its sale to Coach, Inc. for approximately $2.4 billion. Kate Spade & Company is a fashion company that designs and markets a range of women's and men's apparel, accessories, and fragrance products under the Kate Spade New York and Jack Spade ...

May 11, 2017, PaRR

Bart Van Vooren is quoted in PaRR's "Brexit Club" column regarding the two-part approach to the Brexit negotiation process, following the publication of draft negotiating directives for “phase one” of the talks. According to Van Vooren, there are real legal problems with this two-part approach, regardless of the parties' up-front negotiating positions. One ...

May 11, 2017, Law360

Keir Gumbs is quoted in a Law360 article evaluating the efficacy of equity crowdfunding rules, which took effect one year ago. According to Gumbs, “The rules were a step in the right direction, but there are so many hoops that have to be jumped through both in terms of the companies doing the fundraising but also the investors.” Gumbs discusses how crowdfunding ...

May 11, 2017, Forbes

Michael Nonaka is quoted in a Forbes article regarding the prospect of President Trump's taxing remittances for a Mexico border wall, and the possibility of an increase in the use of digital currencies as a result. In discussing banks and payment companies' experience in this field, Nonaka indicates that these institutions have taken the proposed rules in ...

May 10, 2017, Law360

Richard Mattick is quoted in a Law360 article regarding the current state of the cyber insurance market. According to Mattick, "An increasing number of UK insurers are issuing cyber policies, but there is no market standard." He adds, “Because of the novelty and variety of the product, policyholders are worried about what they are buying. There is no specific ...

May 10, 2017, Law360

Miguel López Forastier is quoted in a Law360 article examining the International Centre for Settlement Investment Disputes' updates to its rule amendment project. According to López Forastier, “The Centre is focusing on all the critical areas that require updates to keep up with the changes and developments of the last ten years.” He adds, “The process also ...

May 10, 2017, Financial Times

Sebastian Vos is quoted by the Financial Times in an article which examines Brussels' resistance to its EU counterparts' request for the European Commission to create additional hurdles for foreign investment, particularly in China.  Vos indicates that an EU mechanism to monitor foreign investment "would be an interesting tool for the commission to have in ...

May 2017, Corporate Counsel

Covington’s successful representation of McKesson in a trade secrets case with half a billion dollars at stake is featured in Corporate Counsel’s “Big Suits” section. According to Clara Shin, "In addition to showing [PSKW] was not able to prove their case, we used documents we found to tell an affirmative story that [McKesson] developed" the co-pay method on its ...

May 9, 2017, MedTech Insight

Wade Ackerman is quoted by MedTech Insight in an article covering the May 5 Food, Drug and Law Institute's annual meeting in Washington. Ackerman provided his insights on the hiring trajectory for those individuals tasked to implement the 21st Century Cures Act, and noted that the funds can be viewed as having broad applications for hiring.  Ackerman stated, ...