Press Releases

In a landmark case between ICTSI Oregon, Inc. (ICTSI) and the International Longshore and Warehouse Union and its affiliate ILWU Local 8 (collectively “ILWU”), a jury awarded $93.6 million in damages to ICTSI for the ILWU’s illegal labor slowdowns. These slowdowns caused the eventual shutdown of Terminal 6 at the Port of Portland, Oregon’s only container terminal ...

Stuttgart-based Partner Dr. Hermann Ali Hinderer advised Photonics Systems Holding GmbH with a team on the acquisition of EPP Electronic Production Partners GmbH. The acquisition strengthens Photonics Systems Group’s activities in the electronics sector and creates the conditions for continued growth. The closing of the transaction is scheduled for the end of November 2019. A supplier in the electronics sector, EPP is headquartered in Gräfelfing ...

A team led by Dr. Peter Vocke, Partner at Heuking Kühn Lüer Wojtek, advised LEG on the sale of a portfolio of 272 apartments and a commercial unit in the cities of Wuppertal, Bielefeld, Gelsenkirchen, and Lünen. The total rental space is 19,800 square meters. The buyer is Coreo. The residential portfolio is almost fully rented out. The deal is Coreo’s first apartment acquisition in North Rhine-Westphalia ...

Luis G. Raven, partner in the Shipping and Admiralty Litigation Department of Morgan & Morgan, participated in The International Maritime Law Seminar (IMLS), an annual event that takes place in the City of London and seeks to provide in-depth analysis and discussion of current legal topics critical to the marine industry ...

Dykema, a leading national law firm, today announced the addition of five attorneys to its San Antonio office in a variety of practice areas and industry groups since August 19, 2019. Ryan Borelo, Priscila Mosqueda De La Garza, Daniel A. Ray, Katherine Spiser and Katherine (Katina) A. Zampas each join the firm as associates ...

A year after record optimism in the wake of sweeping federal tax reform in the United States, respondents to Dykema’s 15th Annual M&A Outlook Survey have tempered expectations for the M&A market, including some notes of pessimism about the broader economy. Thirty-three percent of respondents are bullish about the U.S. M&A outlook over the next 12 months. That’s down from 65 percent in the 2018 survey, which was taken months after the passage of the Tax Cuts and Jobs Act ...

Dykema’s Automotive Industry Group has announced the release of The Open Road, a blog providing timely analysis of developments in the automotive industry. As this sector faces new challenges from technological innovations, emerging business models, and legislation and policy developments, The Open Road will help insiders navigate the legal and regulatory issues facing the rapidly evolving automotive industry landscape ...

Courtney Kissel, Bloomfield Hills-based member in Dykema’s Government Policy & Practice group, was named one of 30 “Up & Coming Lawyers” for 2019 by Michigan Lawyers Weekly. A luncheon celebrating the honorees will be held December 5 at the Detroit Marriott in Troy, Michigan ...

Duisburger Hafen AG, together with its international partners COSCO SHIPPING Group, Hupac SA and HTS Group, is developing the largest container terminal in the European hinterland on the site of the Port of Duisburg, thereby expanding the port into the central European anchor point of the New Silk Road. A team of Heuking Kühn Lüer Wojtek led by the Düsseldorf-based partner Dr ...

Dykema, a leading national law firm, announced today that the firm was nationally ranked in 11 practice areas in the 2020 U.S. News – Best Lawyers “Best Law Firms” list, as well as receiving a total of 123 metropolitan rankings representing various areas of law. The U.S ...

Deacons advises the sole sponsor Altus Capital Limited and underwriters in relation to the Main Board IPO of Lever Style Corporation. This company provides supply chain solutions in multiple apparel product categories for notable brands across the United States, Europe and the Asia Pacific region ...

The third quarter continued the torrid pace of M&A volume for our clients—we closed a total of 18 transactions, a substantial increase over the third quarter of last year. The average deal size increased as well from $29M to $62M. The industries covered included alcoholic beverages, amusement parks, automotive, pharmaceuticals, apparel, aerospace and defense, information management, car rental and dental service organizations ...

Dykema, a leading national law firm, today announced the addition of attorneys Mike Toth and Ashley Shapiro Bunyard to its Austin office, both in the firm’s Litigation Department. “Not only do Mike and Ashley increase the depth of our litigation expertise in Austin but they help further our efforts to add excellent lawyers who are exceptional people,” said Keith Shuley, Managing Member of Dykema’s Austin office ...

Buenos Aires, 30 October 2019. Beccar Varela and Allende & Brea rendered advice on a loan agreement for a total amount of up to US$800.000.000 granted to Grupo Gerdau. The loan was granted by Bank of America N.A., Banco Bilbao Vizcaya Argentaria S.A., New York Branch, BNP Paribas, Citibank N.A., HSBC Bank USA, National Association, JP Morgan Chase Bank N.A., Mizuho Bank, Ltd., Banco Santander (Brazil) S.A., Luxembourg Branch. The Bank of New York Mellon acted as administrative agent ...

Dykema, a leading national law firm, announced today that corporate counsel from around the nation ranked Dykema as one of the top three firms in America in the area of Complex Commercial Litigation and among the top 16 firms in the nation for Product Liability Litigation. The rankings were published in BTI’s Litigation Outlook 2020 report, which names Dykema a “Powerhouse” for Complex Commercial Litigation and a “Standout” in Product Liability Litigation ...

Dykema, a leading national law firm, announced today the addition of Stacey L. McGraw to its Insurance Industry Group and Business Litigation Practice as a Member in the firm’s Washington, D.C., office. McGraw joins Dykema from Troutman Sanders LLP. McGraw’s practice focuses on providing counsel to and representing major professional liability insurance carriers with respect to coverage issues, ultimate exposure and underwriting strategy ...

A team led by Cologne-based Partner Dr. Thorsten Kuthe advised SeniVita Social Estate AG on issuing two new SME bonds totaling up to EUR 30 million. SeniVita intends to use the proceeds from the issue to refinance the 6.5 percent 2015/20 convertible bond of EUR 45 million due in May 2020 and to finance its current business activities. SeniVita expects to issue a 2019/23 four-year bond of up to EUR 20 million with an annual interest rate of 7 percent ...

Han Kun advised and acted as the PRC counsel to Aesthetic Medical International Holdings Group Limited in its U.S. initial public offering and listing on the Nasdaq Global Market under the symbol "AIH". Aesthetic Medical International Holdings Group Limited is a leading provider of aesthetic medical services in China ...

With a team led by Dr. Oliver Böttcher from the Cologne office, Heuking Kühn Lüer Wojtek advised management on the acquisition of NOBILIS Group GmbH, one of Germany’s most renowned companies for high-quality fragrance and perfume brands ...

Dykema, a leading national law firm, today announced the addition of attorneys Israel R. Silvas, Mike Toth and Alexis B. Farrell to its growing Dallas office, and to the firm’s Commercial Litigation Practice Group. In addition, Dykema’s Dallas office also welcomed Charleen Maranto as Practice Group Manager for its Dental Service Organizations Industry Group. “These are outstanding lawyers who are also outstanding people,” said Chris Kratovil, Managing Member of Dykema’s Dallas office ...

Shoosmiths’ corporate team has advised speech recognition technology expert, Speechmatics, on a £6.35 million Series A funding round, which will be used to grow the firm globally. Speechmatics, a long-standing client of Shoosmiths, has created one of the most accurate speech recognition technology engines in the world, available in 29 languages, either in the cloud or, crucially, on-premises ¬– a critical feature for businesses who do not wish or are unable to share data in the cloud ...

The Panamanian government has issued Law 99 of October 11, 2019, which establishes a General Tax Amnesty Law (“Amnesty”) that includes the elimination, for a limited period, of the penalties and surcharges caused by non-payment of the obligations with the National Treasury for corporations and private interest foundations. This law also includes amnesty for various types of interests and penalties resulting from non-payment of other taxes (for example: property or income tax) ...

Dykema, a leading national law firm, is extremely proud to announce that Jeff Huron, Office Managing Member of Dykema’s Los Angeles office, and Jimmy Azadian, Member in the firm’s Litigation Department and Appellate Practice Group, were each selected as nominees for the Los Angeles Business Journal’s annual “Leaders in the Law” awards. Both Huron and Azadian were featured among other nominees in a special section of the October 14, 2019, issue of the Los Angeles Daily Business Journal ...

Shoosmiths CEO Simon Boss says a commitment to clients, a cutting edge approach and delivering collaborative solutions are key to the firm’s results in this year’s leading legal directories results. In The Legal 500, Shoosmiths has been recommended as a top tier firm across an impressive 25 practice areas with 29 practice areas moving up a tier. A further 82 practice areas were recommended firmwide - ranging from real estate to corporate and commercial and private client ...

A team led by Dr. Hermann Ali Hinderer advised HMP, a leading provider of healthcare events and education, on the acquisition of Provascular GmbH. The company announced the establishment of HMP Europe to better leverage growth opportunities on the European market. The agreement with Provascular includes a strategic alliance with the conference organizer, CongO GmbH ...