Featured Stories
Morrison Foerster Expands U.S. Complex Litigation Bench With Addition of Nationally Recognized Trial Team Joshua Hill and Ariane Rockoff-Kirk
NEW YORK, Oct. 30 -- Morrison and Foerster, a law firm, issued the following news release:
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Morrison Foerster Expands U.S. Complex Litigation Bench with Addition of Nationally Recognized Trial Team Joshua Hill and Ariane Rockoff-Kirk
(October 29, 2026) - Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Joshua Hill as a partner and Head of Business Litigation and Disputes, and Ariane Rockoff-Kirk, partner in the firm's Complex Litigation Group, both in New York. The team brings over three decades of collective experience handling high-stakes commercial
... Show Full Article
NEW YORK, Oct. 30 -- Morrison and Foerster, a law firm, issued the following news release:
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Morrison Foerster Expands U.S. Complex Litigation Bench with Addition of Nationally Recognized Trial Team Joshua Hill and Ariane Rockoff-Kirk
(October 29, 2026) - Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Joshua Hill as a partner and Head of Business Litigation and Disputes, and Ariane Rockoff-Kirk, partner in the firm's Complex Litigation Group, both in New York. The team brings over three decades of collective experience handling high-stakes commercialand class action litigation, trials and arbitrations, government and internal investigations, and crisis management for clients in the technology, energy, healthcare, sports, and asset management industries.
Hill's and Rockoff-Kirk's arrival reinforces the continued strategic expansion of Morrison Foerster's U.S. Complex Litigation platform. Since the start of this year, the firm has added 20 partners to its Complex Litigation Group, including the recent addition of Dennis Ellis, Kathy Murray, and Serli Polatoglu in Los Angeles in August, and the addition of 15 Litigation partners with the opening of the firm's Seattle office in February.
Hill, an accomplished trial lawyer and former federal prosecutor, rejoins Morrison Foerster, where he previously served as a partner. With over 20 years of experience, Hill has built a practice spanning complex commercial litigation, antitrust, securities, False Claims Act matters, and government and internal investigations. Having tried a dozen federal jury trials and arbitrations, Hill brings substantial trial experience and a proven ability to navigate sophisticated disputes involving significant financial, regulatory, and reputational exposure. He is nationally recognized by Chambers USA, Benchmark Litigation, and The Daily Journal, among others.
Rockoff-Kirk advises clients on complex disputes and sensitive matters requiring strategic coordination across litigation, regulatory, and reputational considerations. She has defended clients in a wide range of civil disputes, including complex commercial litigation, trade secrets disputes, M&A disputes, employment litigation, and securities litigation. Rockoff-Kirk works closely with Hill and brings complementary capabilities that further enhance the firm's ability to counsel clients facing multifaceted legal and business challenges.
"Josh and Ariane are outstanding litigators with impressive track records and strong client relationships," said Ruti Smithline, global co-chair of Morrison Foerster's Litigation Department. "We are excited to welcome Josh back to MoFo and to have Ariane join our team. Their arrival further strengthens our Complex Litigation bench, bolsters our trial and investigations capabilities, and positions us to expand our work on sophisticated, high-value disputes for leading companies across several industries."
"I am thrilled to return to MoFo at a time when the firm is making significant strategic investments in its Complex Litigation practice and trial capabilities," said Hill. "I look forward to building on that momentum and leveraging the firm's exceptional talent and global resources to deliver great results for our clients."
"MoFo handles some of the most sophisticated and consequential litigation across the country," said Rockoff-Kirk. "I'm excited to join a team of skilled litigators and help clients navigate their most critical legal and business challenges."
The team's practice aligns closely with Morrison Foerster's strengths in complex commercial litigation, class action defense, antitrust, securities, and investigations. Together, Hill and Rockoff-Kirk bring an active national litigation docket and experience guiding clients through business-critical disputes, government scrutiny, and high-profile matters requiring coordinated litigation and crisis-management strategies.
With Hill's extensive trial credentials and investigations background and Rockoff-Kirk's experience navigating complex commercial disputes and sensitive congressional matters, the team expands the firm's bench of experienced litigators advising sophisticated clients across the United States.
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Original text here: https://www.mofo.com/resources/news/261029-joshua-hill-ariane-rockoff-kirk
[Category: BizLaw/Legal]
IFLR Honors Morgan Lewis With Equity Deal of the Year and Loan Deal of the Year Awards
PHILADELPHIA, Pennsylvania, Oct. 30 -- Morgan Lewis, a law firm, issued the following news release:
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IFLR Honors Morgan Lewis with Equity Deal of the Year and Loan Deal of the Year Awards
BOSTON, PHILADELPHIA, NEW YORK, and WASHINGTON, DC, October 29, 2026: Morgan Lewis was recognized by The Lawyer and International Financial Law Review (IFLR) at the 2026 IFLR Americas Awards in two categories - Equity Deal of the Year and Loan Deal of the Year.
For Equity Deal of the Year, Morgan Lewis was recognized for its work advising on the $530 million private placement in connection with the business
... Show Full Article
PHILADELPHIA, Pennsylvania, Oct. 30 -- Morgan Lewis, a law firm, issued the following news release:
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IFLR Honors Morgan Lewis with Equity Deal of the Year and Loan Deal of the Year Awards
BOSTON, PHILADELPHIA, NEW YORK, and WASHINGTON, DC, October 29, 2026: Morgan Lewis was recognized by The Lawyer and International Financial Law Review (IFLR) at the 2026 IFLR Americas Awards in two categories - Equity Deal of the Year and Loan Deal of the Year.
For Equity Deal of the Year, Morgan Lewis was recognized for its work advising on the $530 million private placement in connection with the businesscombination between TLGY Acquisition Corp. and StablecoinX Assets Inc. The team included corporate and business transactions partners Rahul Patel and Kevin Shmelzer and associate Maria Natera.
For Loan Deal of the Year, the Morgan Lewis team was honored for its work on the financing for the Sycamore Partners' $23.7 billion acquisition of Walgreens Boots Alliance. The team included finance partner Marjorie Crider and associates Saman Zand, Gregory Ginther, and Jessica Andrade.
The firm also received recognition as Law Firm of the year in Pennsylvania and as a finalist in five other categories:
* Best State Leader: Pennsylvania: Kevin Shmelzer
* Best State Leader: Texas: Jeffery Dinerstein
* Best in State: Massachusetts
* Structured Finance & Securitization Partner of the Year: Mark Riccardi
* Structured Finance & Securitization Deal of the Year: Listed for work on Project Maya, a cross-border private securitization of receivables originated by Banco Santander
The awards recognize legal innovation and work that advances the cross-border investment environment, including notable deals, firms, teams, and individual practitioners across the Americas.
See the full list of 2026 IFLR Americas Awards honorees (https://www.iflr.com/the-lawyer-presents-the-iflr-america-awards-2026-winners-hub)
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Original text here: https://www.morganlewis.com/news/2026/10/iflr-honors-morgan-lewis-with-equity-deal-of-the-year-and-loan-deal-of-the-year-awards
[Category: BizLaw/Legal]
Herbert Smith Freehills Kramer: Asia Private Capital Q3 2026 - Selective Capital, Rising Exits and Deflecting Valuation Disputes
NEW YORK, Oct. 30 (TNSrep) -- Herbert Smith Freehills Kramer LLP, a law firm, issued the following news:
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Asia Private Capital Q3 2026: Selective capital, rising exits and deflecting valuation disputes
29 Oct 2026
Asia's private capital market delivered a mixed third quarter. Deal activity rose 8% quarter on quarter, while fundraising remained under pressure and buyout volumes continued to decline.
Exits, however, showed renewed momentum, supported by a resurgence in secondary buyouts and several large venture-backed IPOs.
Our latest quarterly analysis examines the region's uneven recovery,
... Show Full Article
NEW YORK, Oct. 30 (TNSrep) -- Herbert Smith Freehills Kramer LLP, a law firm, issued the following news:
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Asia Private Capital Q3 2026: Selective capital, rising exits and deflecting valuation disputes
29 Oct 2026
Asia's private capital market delivered a mixed third quarter. Deal activity rose 8% quarter on quarter, while fundraising remained under pressure and buyout volumes continued to decline.
Exits, however, showed renewed momentum, supported by a resurgence in secondary buyouts and several large venture-backed IPOs.
Our latest quarterly analysis examines the region's uneven recovery,the growing focus on engineered liquidity, key tax developments and the implications of a recent English Commercial Court decision for contractual exit valuations.
Q3 ANALYSIS IN BRIEF
Mixed Q3 for Asia private capital
Deal activity increased 8% quarter on quarter, while buyout and VC volumes continued to soften. Against this backdrop, buyers remain selective, with a focus on deeper due diligence, downside protection, warranty coverage and execution certainty.
Exits improve on secondaries and IPOs
Exit activity improved in Q3, driven by a significant increase in secondary buyouts and several sizeable IPOs. Five large VC-backed IPOs - ChangXin Memory Technologies, Zhongji InnoLight, Luxshare, Shein and Manipal Health Enterprises - helped lift exit value and demonstrated continuing appetite for high-quality assets.
Fundraising remains selective
Asia fundraising remains challenging, with fewer commitments and fund closes, although LPs continue to allocate capital selectively to managers with scale and a proven exit track record. Smaller and emerging managers remain under pressure, China, Japan and South Korea remain more domestically funded, and India and Singapore attract proportionally more international capital.
Continuation vehicles and DPI remain in focus
Continuation vehicles continue to attract interest in Asia, supported by secondaries investor appetite, improving pricing confidence and greater availability of W&I insurance. However, execution remains limited, with only one continuation vehicle closing recorded in Q3 2026. Distributions also appear to be improving, although the available data warrants some caution.
Tax and valuation developments to watch
Hong Kong's proposed funds tax and carried interest changes aim to broaden the regime and reduce administrative hurdles, and Singapore has proposed incentives of its own. Separately, a recent English Commercial Court decision highlights the difficulty of challenging contractual valuations and the importance of carefully drafting valuation mechanics to balance speed and finality with appropriate review rights.
Read the full Q3 2026 analysis here (https://www.hsfkramer.com/insights/2026-10/asia-private-capital-quarterly-analysis-quarter-3). Our Asia private capital team is available to discuss any aspect of this analysis.
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Original text here: https://www.hsfkramer.com/news/2026-10/asia-private-capital-quarter-three-selective-capital-rising-exists-and-deflecting-valuation-disputes
[Category: BizLaw/Legal]
Fried Frank Recognizes Shira Sandler With 2026 Robert E. Juceam Pro Bono Award
NEW YORK, Oct. 30 (TNSrep) -- Fried, Frank, Harris, Shriver and Jacobson LLP, a law firm, issued the following news release:
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Fried Frank Recognizes Shira Sandler with 2026 Robert E. Juceam Pro Bono Award
October 29, 2026
Fried Frank announced today that special counsel Shira Sandler is the recipient of the 2026 Robert E. Juceam Pro Bono Award. Presented annually at our Pro Bono Month celebration, this award honors an individual whose dedication to pro bono and public service reflects that of Robert E. Juceam, retired litigation partner and current of counsel at the firm.
Shira has been
... Show Full Article
NEW YORK, Oct. 30 (TNSrep) -- Fried, Frank, Harris, Shriver and Jacobson LLP, a law firm, issued the following news release:
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Fried Frank Recognizes Shira Sandler with 2026 Robert E. Juceam Pro Bono Award
October 29, 2026
Fried Frank announced today that special counsel Shira Sandler is the recipient of the 2026 Robert E. Juceam Pro Bono Award. Presented annually at our Pro Bono Month celebration, this award honors an individual whose dedication to pro bono and public service reflects that of Robert E. Juceam, retired litigation partner and current of counsel at the firm.
Shira has beena dedicated pro bono advocate since joining the firm six years ago, balancing a substantial time commitment alongside her very busy billable practice. Her work has included representing trafficking victims and detained clients, writing amicus briefs on reproductive and voting rights, offering research and advice for organizations within the Jewish community and taking on a leadership role on our active, fast-paced habeas docket. In addition to her active pro bono practice, Shira serves as co-chair of the Family Legal Care junior board, contributing her leadership and advocacy skills to its mission of providing legal services to families in need.
"Receiving the Robert E. Juceam Pro Bono Award is an incredible honor, especially because of how many talented lawyers at Fried Frank pour their time and energy into pro bono work every day," said awardee Shira Sandler.
"Shira is an indispensable colleague. As someone who was mentored by Bob Juceam and still looks to him for guidance and inspiration, I can say that Shira exemplifies Bob's hardworking, creative spirit. Bob inspires everyone to do their best work, and Shira has that same effect on all of the associates who work with us, on real estate litigation and on pro bono cases" Janice Mac Avoy, said real estate litigation partner.
The Robert E. Juceam Pro Bono Award was established in 2024 in recognition of Bob's exemplary, lifelong commitment to pro bono and public service. He dedicated much of his career to fighting for vulnerable communities and for systematic reform in multiple substantive areas to ensure fairness for those involved in the legal process.
Learn more about the firm's pro bono initiatives here (https://www.friedfrank.com/legal-services/pro-bono), and read our 2026 Pro Bono Report (https://www.friedfrank.com/justice-in-motion-our-year-in-pro-bono-2026).
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This communication is for general information only. It is not intended, nor should it be relied upon, as legal advice. In some jurisdictions, this may be considered attorney advertising. Please refer to the firm's data policy page for further information.
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Original text here: https://www.friedfrank.com/news-and-insights/fried-frank-recognizes-shira-sandler-with-2026-robert-e-juceam-pro-bono-award-13235
[Category: BizLaw/Legal]
Clark Hill: Trade Petitions Target Certain Shopping Carts and Parts Thereof From China, Alleging Dumping Margins of Up to 343%
BIRMINGHAM, Michigan, Oct. 30 -- Clark Hill, a law firm, issued the following legal update:
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New Trade Petitions Target Certain Shopping Carts and Parts Thereof from China, Alleging Dumping Margins of Up to 343%
October 28, 2026
Authors
Kelsey J. Christensen , R. Kevin Williams , Ashley Gifford , Amal Sheheen , Aristeo Lopez , Onjoly Purification
New Antidumping and Countervailing Duty Petitions
On October 28, 2026, U.S. producers filed antidumping (AD) and countervailing duty (CVD) petitions on certain shopping carts and parts thereof ("shopping carts") from China with the Department
... Show Full Article
BIRMINGHAM, Michigan, Oct. 30 -- Clark Hill, a law firm, issued the following legal update:
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New Trade Petitions Target Certain Shopping Carts and Parts Thereof from China, Alleging Dumping Margins of Up to 343%
October 28, 2026
Authors
Kelsey J. Christensen , R. Kevin Williams , Ashley Gifford , Amal Sheheen , Aristeo Lopez , Onjoly Purification
New Antidumping and Countervailing Duty Petitions
On October 28, 2026, U.S. producers filed antidumping (AD) and countervailing duty (CVD) petitions on certain shopping carts and parts thereof ("shopping carts") from China with the Departmentof Commerce ("Commerce") and the U.S. International Trade Commission ("ITC"). The petitions allege dumping margins ranging from 165% to 343% and subsidies above the de minimis level. These figures are allegations; Commerce has not calculated any duty or cash deposit rates. If the investigations proceed and Commerce issues an affirmative preliminary determination, U.S. importers could face cash deposit requirements on covered entries as early as January 2027 for CVD and April 2027 for AD. These dates are preliminary and may change.
The subject merchandise -- shopping carts -- are used in retail sector establishments for the transportation of goods during the shopping process. Shopping carts are comprised of, inter alia, the frame structure or base, basket(s), basket walls, basket floors/bottoms, the upright tubing that supports the basket(s), lower trays or grills, back rests, child seats, gates, and handles, among other parts. Shopping carts are primarily constructed of metal, such as steel, plastic, or a combination thereof.
Importers, retailers, distributors, and their Chinese suppliers should promptly compare their merchandise and supply chains now with the proposed scope. An affirmative preliminary finding could change landed costs and cash flow while orders and shipments are still in the pipeline. The agencies have not yet determined whether the domestic industry is injured or whether the alleged dumping and subsidies exist.
Proposed Product Scope
The petitions propose the following scope language. Commerce may revise the scope during the investigations:
The merchandise covered by this investigation consists of certain shopping carts regardless of size, finished or unfinished, whether assembled or unassembled, and certain components and parts thereof. The scope includes shopping carts with baskets that are primarily constructed of metal including, but not limited to, wire mesh, as well as shopping carts with baskets that are primarily constructed of plastic or a combination of metal and plastic. Shopping carts covered by this investigation have the following physical characteristics:
- Frame structure or base: Comprised of welded steel wire or steel tube;
- Basket(s): One or more baskets constructed primarily of metal, including wire mesh, and/or plastic;
- Lower tray or grill: With or without a tray or grill located underneath the basket(s); and
- Component Features: Including, but not limited to, shopping carts fitted with plastic handle units, child seats, and polyurethane or rubber wheels.
The scope also covers the main components and parts of shopping carts, including the frame structure or base, basket(s), basket walls whether shaped or flat, basket floors/bottoms whether shaped or flat, the upright tubing that supports the basket(s), lower trays or grills, back rests, child seats, gates, and handles, when imported together or separately. Shopping cart baskets are capable of nesting, by which the front end of one basket can slide into the back end of another basket.
Subject merchandise includes shopping carts that have been further processed or further assembled in a third country. Further processing and further assembly include, but are not limited to, welding, pressing, shaping, cleaning, plating, coating, bolting, painting, machining, and assembly of parts. Specifically excluded are shopping carts for individuals with disabilities or special needs (often referred to as Ben's carts, Caroline's carts, and Wheelchair-accessible carts). To qualify for this scope exclusion, the shopping cart must be equipped with a built-in restraint system (e.g., five-point harness, trunk/head supports, abductor), specialized seating for children or adults with physical or development disabilities, or a variable coupling mechanism that forms a single, fixed unit between the wheelchair and shopping cart. A five-point harness is a strap with five parts that goes over both shoulders, around the waist, and between the legs. Trunk and head supports are soft, padded pieces on the back and sides of the seat of the shopping cart. An abductor is a padded block that sits between the thighs. Motorized shopping carts equipped with electric motors and navigational controls are excluded from the scope.
Shopping carts that have an infant carrier permanently or semi-permanently affixed to the cart in place of a standard child seat are excluded from the scope of the investigation. Yokes, casters, and wheels, when imported alone, are excluded from the scope of the investigation. Fully collapsable shopping carts are excluded.
Also excluded from the scope are material handling carts, which are wheeled transport devices that are constructed for heavy-duty commercial logistics applications. To qualify for this exclusion, the merchandise must meet at least three of the following structural or design characteristics:
- Load Capacity: Possess a certified or rated maximum load-bearing weight capacity of 1,000 pounds (453.6 kg) or greater.
- Chassis Construction: Feature a frame or deck constructed primarily of heavy gauge structural steel tube, steel angle, or continuous solid welded steel plate, rather than bent wire mesh or plastic baskets.
- Deck Configuration: Consisting of a flat, open platform, flush deck.
- Caster and Wheel Specifications: Be equipped with industrial-grade casters featuring solid rubber, polyurethane, or pneumatic tires with a wheel diameter of 6 inches or greater, and utilizing precision ball or roller bearings.
- Lack of Consumer Amenities: Lack consumer-oriented retail features including, but not limited to, integrated child seats, plastic corner bumpers, grocery bag hooks, or nesting geometries designed for nested front-to-back storage lines.
Excluded from the scope of this investigation are heavy-duty logistics transport trolleys and warehouse fulfillment/picking carts. To qualify for this exclusion, the merchandise must meet at least three of the following physical or structural characteristics:
- Non-Nesting Design: Possess a rigid, non-collapsible frame architecture that does not feature a tapered basket or a hinged rear gate, rendering the units completely incapable of nesting front-to-back with one another.
- Ergonomic Upright Handlebars: Feature one or more continuous, heavy gauge steel vertical or horizontal push-bars integrated directly into the structural frame posts, rather than a top-mount plastic retail handle unit.
- Multi-Tiered Open Shelving: Utilize a multi-shelf configuration consisting of two or more open, flat shelves or wire decks that completely lack a deep-walled, fully enclosed perimeter basket structure.
- Fixed Industrial Casters: Equipped with a wheel configuration consisting of two rigid (fixed) casters and two swivel casters to facilitate heavy-duty straight-line tracking in warehouse aisles, rather than four omnidirectional or full-swivel retail casters.
The merchandise subject to this investigation is classified under the Harmonized Tariff Schedule of the United States (HTSUS) statistical subheading 8716.80.5090. Merchandise subject to this investigation may also be imported under subheadings 8716.80.5010 or 8716.90.5020. Although the HTSUS subheadings are provided for convenience and customs purposes only, the written description of the scope of this investigation is dispositive.
Alleged Margins and Potentially Affected Companies
The petitions identify certain Chinese producers and exporters and U.S. importers. Being named does not establish that a company's products are covered; being absent from the lists does not establish that they are excluded. Companies should review their merchandise and supplier relationships against the proposed scope. Clark Hill can provide the lists identified in the petitions.
The petitioners allege the following margins. Commerce will calculate any applicable deposit rates during its investigations:
- China: alleged AD margins of 165% to 343%; alleged CVD subsidies above de minimis, without a proposed numerical CVD rate.
Approximate Key Dates/*
Antidumping Duty Investigation
Event ... No. of Days ... Date of Action
Petition Filed ... 0 ... 10/28/2026
DOC Initiation Date ... 20 ... 11/17/2026
DOC Separate Rate Applications ... To be set ... To be announced
DOC Q&V Questionnaires ... To be set ... To be announced
ITC Preliminary Determination ... 45 ... 12/14/2026
DOC Preliminary AD Determination ... 160 ... 4/6/2027
DOC Final AD Determination ... 235 ... 6/21/2027
ITC Final AD Determination ... 280 ... 8/4/2027
DOC AD Publication of Order ... 287 ... 8/11/2027
Countervailing Duty Investigation
Event ... No. of Days ... Date of Action
Petition Filed ... 0 ... 10/28/2026
DOC Initiation Date ... 20 ... 11/17/2026
DOC Q&V Questionnaires ... To be set ... To be announced
ITC Preliminary Determination ... 45 ... 12/7/2026
DOC Preliminary CVD Determination ... 85 ... 1/21/2027
DOC Hearing Request Deadline (if applicable) ... To be set ... To be announced
DOC Final CVD Determination ... 160 ... 4/5/2027
ITC Final CVD Determination ... 205 ... 5/21/2027
DOC CVD Publication of Order ... 212 ... 5/28/2027
*/ All deadlines are approximate and are subject to change throughout the course of an investigation. Deadlines that fall on a weekend or Federal holiday are extended to the next business day, as shown above. Contact Clark Hill for current updates and details.
How the Investigations Proceed
The ITC will first decide whether there is a reasonable indication of material injury or threat of material injury to the U.S. industry. A negative preliminary injury determination would terminate the investigations. If the ITC's finding is affirmative, Commerce will investigate dumping and subsidization and calculate any AD and CVD rates. Final duties require affirmative final determinations from both agencies.
If the investigations continue, Commerce's preliminary CVD and AD determinations are estimated for January 21, 2027, and April 5, 2027, respectively. Following an affirmative preliminary determination, cash deposits generally begin on covered entries as of publication of that determination in the Federal Register. If critical circumstances are found, suspension of liquidation and cash deposit requirements may apply retroactively to entries made up to 90 days before that publication. The dates are estimates and may be extended; the petitioners' alleged margins are not the deposit rates.
What Importers and Chinese Suppliers Should Do Now
U.S. importers should compare specifications, materials, dimensions, and processing history for each product with the proposed scope; identify the manufacturer and exporter; and map open orders and expected entry dates. Review landed cost and cash flow scenarios using possible AD and CVD deposits, without treating the petitioners' estimates as the eventual rates.
Chinese producers and exporters should preserve product, sales, production, and subsidy records, identify related companies, and prepare for possible Commerce questionnaires. In an AD investigation for China, timely separate rate applications may be important for exporters seeking a rate distinct from the China-wide rate. The agency's initiation notice and subsequent questionnaires will set actual filing deadlines.
Both sides should review pricing and duty allocation terms in supply contracts and decide promptly whether to present product scope or injury arguments. The indicative schedule below is subject to agency notices and extensions.
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This publication is intended for general informational purposes only and does not constitute legal advice or a solicitation to provide legal services. The information in this publication is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. Readers should not act upon this information without seeking professional legal counsel. The views and opinions expressed herein represent those of the individual author only and are not necessarily the views of Clark Hill PLC. Although we attempt to ensure that postings on our website are complete, accurate, and up to date, we assume no responsibility for their completeness, accuracy, or timeliness.
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Original text here: https://www.clarkhill.com/news-events/news/new-trade-petitions-target-certain-shopping-carts-and-parts-thereof-from-china-alleging-dumping-margins-of-up-to-343/
[Category: BizLaw/Legal]
Akin Advises Ad Hoc Committee of Noteholders on pound sterling516 Million Sale of Metrocentre
WASHINGTON, Oct. 30 -- Akin Gump, a law firm, issued the following news release:
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Akin Advises Ad Hoc Committee of Noteholders on pound sterling516 Million Sale of Metrocentre
October 29, 2026
(London) - Akin advised the ad hoc committee of holders of notes secured against the Metrocentre, Europe's largest covered shopping and leisure center, on the successful sale of the center to a subsidiary of Land Securities Group plc.
The sale completed on October 29 for net consideration of approximately pound sterling516 million. It resulted in a partial prepayment of the notes in an amount of
... Show Full Article
WASHINGTON, Oct. 30 -- Akin Gump, a law firm, issued the following news release:
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Akin Advises Ad Hoc Committee of Noteholders on pound sterling516 Million Sale of Metrocentre
October 29, 2026
(London) - Akin advised the ad hoc committee of holders of notes secured against the Metrocentre, Europe's largest covered shopping and leisure center, on the successful sale of the center to a subsidiary of Land Securities Group plc.
The sale completed on October 29 for net consideration of approximately pound sterling516 million. It resulted in a partial prepayment of the notes in an amount ofapproximately pound sterling430 million, representing a cash redemption of 88.8% based on the original principal balance of the notes.
Akin has advised the noteholder ad hoc committee since the intu group went into administration in 2020, following the start of the Covid-19 pandemic. The sale represents the culmination of more than six years of work by the ad hoc group, Akin and financial advsier EY.
The Akin team was led by financial restructuring partner Emma Simmonds, corporate finance partner Kevin Gilroy and corporate partner Simon Rootsey, alongside corporate associate Adair Maxted and financial restructuring associate Matthew Roderick.
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Original text here: https://www.akingump.com/en/insights/press-releases/akin-advises-ad-hoc-committee-of-noteholders-on-pound516-million-sale-of-metrocentre
[Category: BizLaw/Legal]
A&O Shearman Advises Exponent on Acquisition of Crane Building Services & Utilities
LONDON, England, Oct. 30 -- A&O Shearman, a law firm, issued the following news:
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A&O Shearman advises Exponent on acquisition of Crane Building Services & Utilities
Oct 29, 2026
A&O Shearman has advised Exponent Private Equity LLP (Exponent), a leading European private equity firm, on its agreement to acquire Crane Building Services & Utilities (Crane BS&U), a UK-headquartered designer and manufacturer of mission critical flow control products serving the water utilities, building services, and gas utilities markets. The transaction is a carve-out from U.S.-headquartered Crane Company,
... Show Full Article
LONDON, England, Oct. 30 -- A&O Shearman, a law firm, issued the following news:
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A&O Shearman advises Exponent on acquisition of Crane Building Services & Utilities
Oct 29, 2026
A&O Shearman has advised Exponent Private Equity LLP (Exponent), a leading European private equity firm, on its agreement to acquire Crane Building Services & Utilities (Crane BS&U), a UK-headquartered designer and manufacturer of mission critical flow control products serving the water utilities, building services, and gas utilities markets. The transaction is a carve-out from U.S.-headquartered Crane Company,with Crane BS&U to be acquired as a standalone business.
Crane BS&U has developed a portfolio of well-established brands, including Viking Johnson, Crane, Helden, Hattersley, NABIC, and WASK. The company serves more than 3,000 customers through four sites across the UK, Europe, the Middle East, and Asia, including long-term supply agreements with all major UK water and gas utilities.
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""It has been a privilege to support Exponent on another significant transaction. Carve-outs of this kind are complex, and this deal drew on the full breadth of our multi-disciplinary offering, from private equity and leveraged finance to IP, transitional arrangements, tax and regulatory. We look forward to seeing the business thrive as a standalone company under Exponent's ownership."
- Chris Sabine, Partner
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The A&O Shearman private equity team advising on the transaction was led by partner Chris Sabine and global co-head of private equity Peter Banks, senior associates Alain Jalbert and Antony Dean, associates Maxwell Smith and Sam Hay, and solicitor apprentice Millie Madden.
The A&O Shearman sponsor leveraged finance team advising on the transaction was led by partner James Green and global co-head of private equity Neil Sinha, alongside senior associate Dhruv Mairal, associate Edward Crosby, and trainee Julia Comar.
The multi-disciplinary team from A&O Shearman also provided advice on IP and transitional service and supply arrangements, led by partner Jim Ford, counsel Alexandra Wyles, and senior associate Joyce Xu. Tax advice was provided by counsel Hugh Brooks, with regulatory advice from partner David Weaver and associates Isabella Harris and Amol Vani.
The transaction remains subject to the finalization of the appropriate employee representative processes and standard regulatory approvals.
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URL: Exponent
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Original text here: https://www.aoshearman.com/en/news/ao-shearman-advises-exponent-on-acquisition-of-crane-building-services-and-utilities
[Category: BizLaw/Legal]