Skadden Arps, Crowell, McDermott Will: Business of Law
By Elizabeth Amon – Sep 26, 2013 12:01 AM ET
Skadden, Arps, Slate, Meagher & Flom LLP advised Stryker Corp. (SYK), the second-largest seller of orthopedic devices, on its agreement to buy Mako Surgical Corp. (MAKO) for $1.65 billion. Wachtell, Lipton, Rosen & Katz and Foley & Lardner LLP advised Mako.
The Skadden team includes partners Charles W. Mulaney, Jr. and Richard C. Witzel, Jr.mergers and acquisitions; Ian John and Clifford Aronson, antitrust; Joseph Yaffe, executive compensation and benefits; Maxwell Miller, tax; Matthew Zisk, and Bruce Goldner, intellectual property and technology;
Stryker’s internal legal team includes Curtis Hall, Michael Hutchinson and John Denne.
Wachtell Lipton’s team is led by corporate partners Daniel A. Neff and Mark Gordon and consists of Nelson O. Fitts, antitrust; Jeremy L. Goldstein, executive compensation and benefits; and Deborah L. Paul, tax.
Latham & Watkins LLP represents JPMorgan Chase & Co., acting as financial adviser to Mako in the transaction, with a corporate team led by partners Charles Ruck and Stephen Amdur.
Investors in Mako will receive $30 a share from Kalamazoo, Michigan-based Stryker, the companies said today in a statement. The offer carries an 86 percent premium over Fort Lauderdale, Florida-based Mako’s closing price yesterday.
Mako, founded in 2004, pioneered the use of robotic-assisted surgery in orthopedics. It sells the Rio Robotic Arm, which enables surgeons to precisely and consistently cut through bone. The incisions are designed for the company’s Restoris implants, including partial knee resurfacing in people with early or mid-stage osteoarthritis. Mako recently added an application for total hip replacements.
Crowell Hires Hunton & Williams Homeland Security Partner
Crowell & Moring LLP announced that Evan D. Wolff has joined the firm as a partner in the government contracts group in Washington. Wolff was director of the homeland security practice at Hunton & Williams LLP, most recently. Prior to that, he was an adviser to the senior leadership at the Department of Homeland Security, the firm said in a statement.
“Companies and industries are dealing with infrastructure protection and cybersecurity issues that cut across the globe and require compliance with a growing thicket of regulatory requirements,” Angela B. Styles, co-chairwoman of Crowell & Moring’s government contracts group said in a statement. “Evan’s substantial security background, government experience, and industry knowledge, particularly in critical infrastructure, energy, and transportation, add further depth to our government contracts bench and the substantial capabilities we offer our clients.”
Wolff’s practice is focused on three primary areas: homeland security regulatory counseling; security risk management and consulting; and cybersecurity compliance and investigation, the firm said. He has also joined The Chertoff Group as a managing director, a non-legal role, where he provides clients strategic advice on security risk management, threat detection technology, analytics, cybersecurity, and privacy, the firm said.
Crowell & Moring’s government contracts group has about 50 attorneys. The firm has more than 500 lawyers at offices in the U.S. and Europe.
McDermott Adds White Collar Partners in New York and Houston
McDermott Will & Emery LLP is expanding its white collar and securities defense practice group with former Assistant U.S. Attorney Michael Wynne in Houston and New York white collar lawyer Todd Harrison, who joins from Patton Boggs LLP. Both were brought in as partners.
Harrison, a trial lawyer, has held lead or first-chair responsibility in more than 40 jury trials, McDermott said in a statement. Harrison previously spent two years as chief counsel for Oversight and Investigations for the Energy and Commerce Committee in the U.S. House of Representatives. In that position, he led energy and power, health care, telecommunications, environmental, and manufacturing and trade investigations.
Wynne spent 11 years at the U.S. Attorney’s Office and 10 years in private practice.
“With these moves, we have completed four major hires in the white collar space since mid-2012,” Michael Kendall, partner and head of McDermott’s white-collar and securities defense practice group said in a statement. “As governments around the world heighten their attention to corporate behavior, McDermott can offer clients top-notch white collar talent wherever they may be.”
Other recent additions include A. Marisa Chun, formerly the deputy associate attorney general at the Justice Department in Washington, in the firm’s Silicon Valley office, and Marcos D. Jiménez, who was the U.S. Attorney for the Southern District of Florida, in the Miami and New York offices.
McDermott’s white-collar and securities defense practice has more than 50 trial lawyers in offices throughout the U.S. and abroad.
McDermott has more than 1,100 lawyers at offices in the U.S., Europe, and Asia.
Washington Redskins Name Is ‘Ethnic Slur,’ Lawyer Says
Jesse Witten, a partner at Drinker Biddle & Reath LLP, talks with Bloomberg Law’s Spencer Mazyck about his representation of a group of Native Americans who have petitioned to cancel the trademark registrations of the National Football League’s Washington team, the “Washington Redskins.”
Witten, in this “Rainmakers” episode, also argues that his clients’ petition before the Trademark Trial and Appeal Board should be granted because the trademarks at issue contain matter that may disparage Native Americans.
This is a Bloomberg podcast. To watch this report now, click here.
N.Y. Task Force Seeks New Laws to Fight 21st-Century Crimes
New York needs to update state laws dating from 1986 to better prosecute white-collar criminals, according to a special task force report released by Manhattan District Attorney Cyrus Vance Jr.
Current laws predate the Internet, social media and e-commerce and can’t keep pace with increasingly sophisticated frauds, Vance said Sept. 24 at New York University’s Center for the Administration of Criminal Law. Proposals include expanding the definition of larceny to cover the theft of software and personal identifying information, and eliminating a requirement that schemes to defraud target more than one victim.
“The Internet has become our 21st-century crime scene,” Vance said, noting that the most recent overhaul of New York’s penal code dates from the invention of Xerox Corp.’s first fax machine.
For example, old definitions of larceny don’t cover theft by duplication, a common means of stealing computer code, Vance said. The task force recommends expanding the definition of “computer material” to let prosecutors target hacking into another person’s private e-mail or webcam, and combat using computers to spy on unwitting victims.
Criminal law in New York state has been mostly unchanged since 1965, and the last notable alterations to white-collar crime enforcement were made in 1986, leaving fraud and corruption laws antiquated, Vance’s office has said.
The task force, convened almost a year ago, includes district attorneys, academics and defense lawyers. Their recommendations will be presented to the governor and the state legislature for consideration in the 2014 January session. Aside from cybercrime, the report targets four main areas: fraud, elder fraud, public corruption and procedural reforms.
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