News

Becker Glynn’s litigation team completed a two-week bench trial before Judge Denise J. Casper in the federal district court in Boston.

Patrick O’Brien and Andres Sardi Garcia represented Inter-American Investment Corporation (IDB Invest) in connection with a partial credit guarantee for up to MXN250 million to Vinte Viviendas Intregrales S.A.B. of C.V. (Vinte) for a corporate bond issuance.

The Firm, acting as U.S. counsel, represented the Possehl Group, based in Lübeck, Germany, in connection with a transaction to combine its manroland web systems business with the business of Goss International, owned by American Industrial Partners, a private equity firm based in New York.

The Firm’s client, a Delaware LLC, owns Brazilian telecommunications assets. When a member of the Delaware LLC defaulted on its funding obligations, the Firm filed an action for breach. The defendant raised a host of defenses and sought dismissal of the action.

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.