News

The Firm’s client was a seller of commercial property in a $30 million Manhattan real estate transaction. The buyer defaulted, contending that encroachments on the property excused its non-performance.

Kenneth Stuart was one of the six panelists in a program on Cryptocurrencies and Initial Coin Offerings at the 28th Annual Meeting of the Inter-Pacific Bar Association on March 15, 2018 in Manila, the Philippines.

On February 6, Eric D. Kuhn spoke in Verona, Italy, to approximately 30 local Italian manufacturing companies about sales and manufacturing in the United States.

In 2017, the firm represented International Finance Corporation and BID Invest in connection with a $410,000,000 secured financing for the expansion of soybean crushing facilities and port loading capacity of Renova S.A., an Argentine agribusiness.

Robert Langer, Michael Dougherty and Kenneth Stuart assisted in a private offering to accredited investors which closed in early 2018.

The Firm’s Taiwanese client sued a U.S. semiconductor manufacturer for damages caused by a defective microprocessor. The U.S. defendant claimed that it was immune from liability because its foreign subsidiaries, not the U.S. parent, manufactured and sold the product.

Susanne von Türk was one of the panelists in a program on Women in Business on November 29, 2017 at the Consulate General of the Federal Republic of Germany in New York

Susanne von Türk was one of the panelists in a program on Women in Business on November 29, 2017 at the Consulate General of the Federal Republic of Germany in New York.

The Firm represented a European-based Family Office, a long standing client of the Firm, in its secondary market sale of approximately $316,500,000 of interests in 64 different private equity investment limited partnerships.

Susanne von Türk co-authored the annual report on the US labor market and employment law, entitled “Lohn- und Lohnnebenkosten - USA.”

The Firm served as New York counsel in connection with a $27,500,000 convertible note financing carried out by a South American telecommunications company offering mobile phone and LTE mobile communication services in South America.

The Firm served as international and New York transaction counsel to PROPARCO in connection with a $25,000,000 loan to Central American co-borrowers Torrecom Partners LLC y Compañía Limitada and Torrecom Guatemala, Limitada, for the construction and development of mobile phone telecommunications infrastructure in Guatemala and Nicaragua.

The Firm’s litigation department won an important appeal in the Second Circuit. In a highly anticipated decision of first impression with national significance, the Second Circuit adopted the first appellate-level test for a domestic injury under RICO’s new domestic injury requirement set forth by the Supreme Court in RJR Nabisco v. The European Community, 136 S. Ct. 2090 (2016).

The Firm served as international transaction counsel to Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank Group, in connection with a $100 million loan to Telecom Personal S.A. to expand its 4G network across the country.

The Bankruptcy Court for the Southern District of New York issued an important ruling in a Madoff related matter, dismissing all claims against the Firm’s banking client.

The 2016 Norton Annual Survey of Bankruptcy Law published an article by Alec P. Ostrow called “Cannily Employing a Strict Construction of the Inclusion in Administrative Expenses.” The article focuses on a surprising majority decision by the Sixth Circuit Court of Appeals.

The October 2016 issue of the ABA Section of International Law - M&A and JV Committee Newsletter published an article by Becker Glynn's Kenneth J. Stuart called “Capital Acquisition Brokers: A New SEC Registration Category Providing Clarity and Relief for M&A Brokers”.

In connection with an earlier News item, the Firm secured in an important appellate victory for an Argentine Energy company, which was sued by a B.V.I. investment company in connection with an $80 million transaction.

Of counsel Ken Stuart was one of the speakers at the Inter-Pacific Bar Association Annual Meeting April 13-16, 2016 in Kuala Lumpur, Malaysia, participating in a program on “Outside Directors and/or Independent Directors: Diversity in Corporate Governance.”

The Firm served as international transaction counsel to International Finance Corporation (IFC), the private sector arm of the World Bank Group, in connection with a $200 million loan to Banco Itaú Chile to support the expansion of access to finance for small and medium enterprises, helping to foster the development of a key sector for the Chilean economy.