Ropes & Gray LLP > Washington DC, United States > Firm Profile

Ropes & Gray LLP
2099 PENNSYLVANIA AVENUE, NW
WASHINGTON, DC 20006-6807
United States

Dispute resolution > E-discovery Tier 1

Ropes & Gray LLP provides clients with a ‘top-notch‘ service which covers the whole gamut of e-discovery issues, including class action suits, multi-jurisdictional investigations, data breaches and potential data intrusion issues. The group, which is able to call upon the firm’s global network of litigation technology professionals, includes a number of multilingual practitioners, aiding it in its work with multinational clients on investigations, securities, antitrust and litigation proceedings relating to the Foreign Corrupt Practices Act (FCPA). Counsel Shannon Capone Kirk, considered by many to be a ‘ leader in the industry‘, heads up the team from Boston, and has a proven track record of advising on some of the most significant data breaches of recent years and spearheads the firm’s new cross-office task force monitoring the e-discovery risks of text and app-based messaging.

Practice head(s):

Shannon Capone Kirk

Testimonials

‘Ropes & Gray offers top-notch client service and an extremely robust and well-developed team.’

‘The team is particularly adept at identifying and actioning innovative uses of technology to reduce data volumes or find relevant data more quickly. This is extremely valuable when dealing with large data sets in US litigation and government investigation work.’

‘Shannon Capone Kirk, counsel and the group’s leader is a standout in e-discovery. She is nationally recognized for her experience with data breach and data security incidents and is a sought after partner in these kinds of emergency situations. As her occasional co-counsel, I have seen Shannon’s talents in action and consider her one of the best practitioners in the country.’

‘Shannon Capone Kirk is a leader in the industry widely recognized for her creative and practical approaches to solving e-discovery issues.’

‘Shannon Capone Kirk is an incredible speaker and writer on e-discovery issues. We have collaborated on writing projects (reviewing and critiquing each other’s articles) and spoken on panels together. She’s really focused, organized and open to new ways of addressing e-discovery issues.’

Industry focus > Healthcare: service providers Tier 1

'Thought leaders in the health care industry’ Ropes & Gray LLP provides its clients with broad support on transactions, fraud litigation, regulatory compliance, and government investigations. It has been particularly active in federal court cases involving federal agencies, with Washington DC-based Stephanie Webster involved in multiple cases challenging the Centers for Medicare & Medicaid Services calculation of payments. The team has increased its involvement with private equity funds, in addition to its work with health systems and traditional providers. The team has also been active in capital markets, with Boston-based co-head Timothy McCrystal and Tom Frasier acting on LifeStance Health Group’s $720m IPO. Its regulatory practice is able to advise on the delivery of value-based care, digital health, and Covid-19 related regulations, with Chicago-based co-head Debbie Gersh an expert in all three areas. Also recommended are New York-based compliance expert Stephen Warnke, Chicago-based privacy attorney Jennifer Romig, and ‘practical, extraordinarily smart,’ Boston-based transactional partner Adrianne Ortega and NY associate Sarah Blumenthal.

Practice head(s):

Debbie Gersh; Timothy McCrystal

Testimonials

‘My experience with the Ropes healthcare team has been exemplary. The team is knowledgeable and consistently offers business-savvy advice. The Ropes health care group has deep bench strength and a wide range of expertise to support their clients. The work product and advice I have received from this group is head and shoulders above comparably situated health care firms.’

‘I have worked with Debbie Gersh in a variety of health care settings in my in-house roles. Debbie is consistently one of the smartest and most business-savvy attorneys I have had the pleasure of working with. Debbie knows the privacy and tech space inside and out and delivers a quality work product wrapped in her business and operational expertise. Debbie is a standout attorney in the privacy, health care and tech field.’

‘Deborah Gersh – provides trusted strategic advice that is practical, always makes us feel we are her only client with the amount of personal attention she provides. Sarah Blumenthal – extraordinary attention to detail, quickly grasps complicated matters, written responses are thorough and complete, always provides a well thought out approach to matters, meets all deadlines.’

‘Ropes & Gray provides niche expertise in Medicare reimbursement policies.’

‘Stephanie Webster and Harry Richards have been excellent litigators for us.’

‘The Ropes and Gray healthcare team, led by Stephen Warnke, has deep state and federal regulatory knowledge coupled with the right relationships, possess high EQ, positions companies to leverage strategic advantage, while maintaining brand and mission integrity.’

‘Stephen Warnke – expert knowledge, sophistication in managing complexity, high integrity’

‘They have experts for everything and give very comprehensive and sound advice. They teach you through the process and are very accessible and understanding.’

Key clients

1Life Healthcare Inc

ADAPT Community Network

Advocate Aurora Health

Alcresta Therapeutics

Allina Health Services

Allscripts Healthcare Solutions Inc.

Amwell

Avista Capital Partners

Baptist Health South Florida

Beth Israel Lahey Health

Capital Clubhouse

Children’s Hospital and Health System, Inc.

Community Hospitals of Central California

Coordinated Behavioral Care

Dana-Farber Cancer Institute

DMG Practice Management Solutions LLC

Elite Dental Partners

Emory University

GRAIL

H.I.G. Capital

Harvard Pilgrim Health Care

Heartland Dental LLC

Indiana University Health

Kaiser Foundation Health Plan

Lifespace Communities

LifeStance Health Group

Molina Healthcare

Montage Health

New Mountain Capital and its portfolio company, Ciox Health

Northwest Oncology and Hematology, S.C.

NYU Langone Hospitals

PathAI

Pearl Health

Penn State Health

Podimetrics Inc

Pulmonx

Renown Healthcare

Sentara Healthcare

Skeletal Dynamics LLC

Stanford University

Stryker Corporation

Tempus Labs Inc.

The Broad Institute

The Vistria Group

Trinity Health

U.S. Renal Care

USC / Lord Foundation of California

Vanda Pharmaceuticals

VaxCare Corporation

Work highlights

  • Representing Allina Health Services in litigation challenging CMS’ treatment of Medicare Advantage/Part C days in the disproportionate share hospital calculation.
  • Represented LifeStance Health Group in its $720m IPO.
  • Advised Heartland Dental in its acquisition of American Dental Partners Inc.

Investment fund formation and management > Alternative/hedge funds Tier 1

Ropes & Gray LLP is extremely well placed to assist a growing base of sophisticated, multi-jurisdictional clients seeking to grow their product lines and strategies in both the US and the EU; the firm is able to utilise its global capabilities to advise hedge funds expanding into adjacencies, and institutional asset managers entering different areas in the funds space. Recently, the team’s position at the vanguard of the market has seen it advising on complex matters including cryptocurrency, insider trading, arrangements with insurance companies, and novel trading and operational issues. Derivatives and commodities work remains an area of particular strength, with seasoned practitioner Leigh Fraser taking the lead in this area. Fraser splits her time between the New York and Boston offices – of these two key locations, the former also fields recognized expert Laurel Fitzpatrick, fund formation and operation specialist Sarah Davidoff  and core senior practitioner Morri Weinberg, while Peter Laybourn is a recommended name at the latter. Over on the west coast, San Francisco-based Melissa Bender is the ‘stand-out partner‘.

Practice head(s):

Leigh Fraser; Peter Laybourn; Morri Weinberg

Other key lawyers:

Melissa Bender; Laurel FitzPatrick; Sarah Davidoff; Katie Waite

Testimonials

‘This team is organized and efficient. Melissa Bender puts me in contact with her experts, trusting them to take point, thus not duplicating hours.’

‘Melissa Bender manages the process efficiently. She was very helpful in advocating for our clients while negotiating with the seed capital on the fund documents. Katie Waite was a force to be reckoned with when negotiating our project agreement with the seed capital.’

‘Effective collaboration across all of the practice groups needed to support the space.’

‘Melissa Bender is a stand-out partner who is able to address complex and sometimes unprecedented situations.’

 

Key clients

Pacific Investment Management Company

Angelo Gordon

ValueAct

Abdiel Capital

PFM Health Sciences

Sunley House Capital Management

MFN Partners

Phase 2 Partners

Bain Capital

Work highlights

  • Advising the Pacific Investment Management Company –  the leading US-based global investment management firm focused on active fixed income management – on all their hedge funds matters.
  • Advising Angelo Gordon(AG) on the launch of AG Direct Lending IV – raising over $2.5bn in equity, and $5bn of buying power – as well as the AG Direct Leading IV Annex Fund.
  • Advising ValueAct – the leading San Francisco-based investment company and hedge fund manager which manages over $16bn on behalf of numerous institutional and individual investors – on various aspects of its hedge funds and investment advisory business.

Investment fund formation and management > Mutual/registered/exchange-traded funds Tier 1

The ‘incredibly bright, thoughtful and deep‘ offering at Ropes & Gray LLP fields ‘experts in almost every aspect of the industry‘ – this breadth allows the team to serve as regular counsel for over 2,000 registered funds of all types, or their independent directors. The New York and Boston offices are key locations for the group; the former fields Bryan Chegwidden, a co-head of the practice who ‘is nothing less than outstanding‘, while the latter is home to his leadership counterparts Thomas Hiller and James Thomas, as well as eminent practitioner John Loder. The team’s workload spans the gamut of work in this area, from regulatory, compliance, and governance issues to trading activities, investments, and M&A. ESG and responsible investing has been a particular focus of late, with the firm assisting leading names such as Pax World Funds in this space.

Practice head(s):

Bryan Chegwidden; Thomas Hiller; James Thomas

Other key lawyers:

John Loder; Timothy Diggins; Michael Doherty; Elizabeth Reza; Paulita Pike

Testimonials

‘Ropes has an incredibly bright, thoughtful and deep investment management team. They have experts in almost every aspect of the industry. Their experience with board to investment adviser issues, from litigation to transactional issues, from regulatory to operational issues is second to none and really helps to keep the whole team up to speed on how best to react to any new development that arises.’

‘Paulita Pike is an expert on board issues, who can provide a practical perspective and solutions to any problem. She has a client-first mentality that is greatly appreciated.’

‘Each of the partners is a master at their craft and amazingly personable.’

‘We work closely with Bryan Chegwidden who is nothing less than outstanding: knowledgeable, succinct, and possessed of great judgment. He is personable and easy to deal with.’

‘Excellent.’

Key clients

Affiliated Managers Group (AMG)

Blackstone Alternative Asset Management (BAAM) and its registered investment companies

Brighthouse Funds

Calamos Funds and their Independent Trustees

DoubleLine Funds and their Independent Trustees

Independent Trustees of the DWS Funds

Grantham, Mayo, Van Otterloo & Co., LLC (GMO)

Impact Shares ETFs

Invesco

Jackson National Funds and their Independent Trustees

Longspur Capital

MFS Funds and their Independent Trustees

Natixis Global Asset Management

The Northern Trust Company

Pax World Funds

Putnam Funds and their Independent Trustees

Schroder Investment Management North America

State Street Corporation and State Street Global Advisers

Thrivent

Voya Funds

Work highlights

  • Serving as fund counsel to over 40 mutual funds sponsored and managed by AMG Funds, a wholly-owned subsidiary of Affiliated Managers Group, the leading US-based global asset management firm that operates through a diverse group of boutique investment firms.
  • Advising the DoubleLine Funds, a leading US-based mutual fund family, and their independent trustees, on issues concerning the client’s entire mutual fund complex, including DoubleLine Total Return Bond Fund, which has been one of the highest-performing bond funds in its category and has net assets of approximately $50bn.
  • Advising the independent trustees of the MFS Funds and the MFS Funds mutual fund complex – consisting of approximately 136 funds in all asset classes – on all types of regulatory and compliance issues, trading and investment activities, new investment products, the restructuring or merger of existing investment products, and the on-going offering and operation of the funds.

Dispute resolution > Corporate investigations and white-collar criminal defense

Ropes & Gray LLP has ‘a team-centric culture that distinguishes it from peers’ and offers ‘partners that are responsive and knowledgeable’. With a strong international network, the practice is no stranger to high-profile, cross-border mandates and the US team works closely with its counterparts in London. Its broad expertise encompasses government enforcement, white-collar criminal defense, securities matters, anti-corruption, anti-bribery and healthcare fraud matters. The team is led by New York’s Gregg Weiner, Boston’s John Bueker and the Chicago-based Laura Hoey, who is recommended for trials and investigations with a focus on the healthcare and life sciences sectors. Michael McGovern, who is also based in New York, is recommended for high-stakes criminal cases, acting for both businesses and individuals. Brian Blais joined in New York from the United States Attorney’s Office for the Southern District of New York in January 2021.

Practice head(s):

Laura Hoey; John Bueker; Gregg Weiner

Other key lawyers:

Brien O’Connor; Christopher Conniff; Michael McGovern; Brian Blais

Testimonials

‘The team brought me excellent support all the way.’

‘Very competent group of practitioners that work collaboratively across jurisdictions in a very effective way.’

‘The Ropes & Gray team is deep, with combined experience across all critical issue areas in white-collar defense and excellent judgment in applying that experience to the facts before them for the client’s benefit.’

‘Associates are given significant responsibility and rise to the challenge.’

‘All of the individuals we worked with have been extremely personable, while maintaining professionalism.’

‘They were very supportive of our management team and led us through a process that was new to many on our side.’

‘Each member of the Ropes & Gray team that worked with us was well versed in the matter, and worked efficiently and effectively.’

‘Mike McGovern is very professional and calm; he thinks through all scenarios and gives tremendous advice.’

Key clients

H.I.G. Capital, LLC

Avianca Holdings, S.A., and certain affiliates and subsidiaries

Former Credit Suisse Banker, Detelina Subeva

Former Deutsche Bank Precious Metals Trader, Cedric Chanu

Louisiana State University’s Head Basketball Coach, Will Wade

Work highlights

  • Representing Detelina Subeva, the former Credit Suisse banker indicted in the EDNY in connection with an alleged $2bn fraud against the Government of Mozambique that allegedly destabilized the country’s economy.
  • Representing a former Deutsche Bank precious metals trader, Cedric Chanu, who was charged with one count of conspiracy to commit wire fraud affecting a financial institution and sixteen substantive counts of wire fraud, based on alleged spoofing in the precious metals market between 2008 and 2013.
  • Serving as lead counsel for H.I.G. Capital in a multi-year investigation by the DOJ and in a related quitam lawsuit relating to alleged FCA violations.

Dispute resolution > M&A litigation: defense Tier 2

Ropes & Gray LLP has a skilled team handling corporate, securities, and derivative matters across the US, highly experienced in cases before the Delaware Court of Chancery at every stage from preliminary injunctions and motions to dismiss to bet-the-company summary judgment motions and complex trials. The firm has particular expertise in representing private equity firms, though it is also active for numerous life sciences companies and public companies in other industries in his-stakes deal litigation. Peter Welsh in Boston and David Hennes in New York lead the practice. Welsh is currently representing individuals and entities affiliated with National Amusements, Inc. in parallel actions in the Delaware Court of Chancery related to the multi-billion dollar merger of Viacom and CBS into the combined entity ViacomCBS in 2019. Boston-based Randall Bodner, former head of the firm’s business and securities litigation practice group, is also a key practitioner in corporate governance and deal-related cases.

Practice head(s):

Peter Welsh; David Hennes

Other key lawyers:

Key clients

Advent International Corp.

Akcea Therapeutics, Inc.

Allianz Global Investors U.S. LLC

Bain Capital and Bain Capital Real Estate, LP

Casita, L.P.

Elliott Investment Management L.P.

Former directors of Tesaro, Inc.

Former independent directors of Immunomedics

Fortress Bio, Inc.

Keryx Biopharmaceuticals, Inc.

National Amusements, Inc.

PJT Partners

Surgery Partners, Inc.

TPG Capital

Wright Medical Group N.V.

Work highlights

  • Representing individuals and entities affiliated with National Amusements, Inc. in parallel actions in the Delaware Court of Chancery brought by former stockholders of Viacom and CBS in connection with the multi-billion dollar merger of Viacom and CBS into the combined entity ViacomCBS in 2019.
  • Represented a majority of the former independent directors of Immunomedics, first in highly expedited and high-profile trial litigation and then in post-transaction damages litigation, resulting in a favorable settlement for the clients.
  • Represented former directors of Tesaro in securing complete dismissal of a class action complaint filed in the Delaware Court of Chancery challenging the US$5.1bn acquisition of Tesaro, Inc. by GlaxoSmithKline, plc.

Finance > Capital markets: equity offerings

Ropes & Gray LLP remains at the forefront of life sciences, healthcare and financial services sector offerings. It has maintained a sizeable share of the SPAC IPO market, and continues to be recognised for its connections to investment banks and private equity firms; it has an especially strong standing in underwriter engagements. Paul Tropp has a fine reputation in representing underwriters in big-ticket equity offerings and in SPAC issuances. Rachel Phillips and Boston partner Craig Marcus  are also key figures. Christopher Capuzzi is an emerging talent. Named individuals are based in New York unless stated otherwise.

Practice head(s):

Patrick O’Brien; Craig Marcus; Paul Tropp

Other key lawyers:

Rachel Phillips; Zachary Blume; Christopher Capuzzi; Faiza Rahman

Testimonials

‘Exceptional people with broad and deep knowledge. Very easy to engage and a pleasure to work with. Their experience and knowledge base is exceptional’

‘Zach Blume is extraordinary and a pleasure to work with. His knowledge and capabilities are exceptional but his “bed side manner” is great. He is a true partner to my work’

‘The Ropes team go out of their way to be responsive. They double and triple team, so that I can almost always find the advice I need on a timely basis.’

‘They don’t show ego. They just get the job done. They respect my team and they respect one another.’

 

Key clients

BofA Securities

Beam Therapeutics

Osmotica Pharmaceutical and Avista Capital Partners

Morgan Stanley & Co Incorporated

TPG Capital LP

TSG Consumer Partners

LifeStance Health Inc

Sigilon Therapeutics Inc

CCMP Capital Advisors LP

PQ Holdings Inc

Cantor Fitzgerald

Bain Capital

Acceleron Pharma Inc

KKR Acquisition Holdings I Corp.

Work highlights

  • Represented KKR Acquisition Holdings I Corp, a SPAC, in its $1.3bn IPO.
  • Represented Olaplex Holdings, a hair care product company, in its $1.7bn IPO.
  • Advised LifeStance Health Group, one of the nation’s largest providers of outpatient mental health care, on its $720m IPO.

Finance > Capital markets: high-yield debt offerings

Ropes & Gray LLP has an excellent record in big-ticket high-yield debt offerings, particularly those linked to leveraged buyout transactions. Key private equity clients include Baring Private Equity Asia and Bain Capital. The firm has also built fruitful connections to underwriter banks such as Goldman Sachs and Morgan Stanley. Along with private equity, the capital markets team is especially active in the financial services and healthcare sectors. Paul Tropp has played a key role in representing underwriters and Alexander Zeltser  is rated for advising private equity funds, their portfolio companies and underwriters. Thomas Fraser is a key figure in Boston.

Practice head(s):

Patrick O’Brien; Craig Marcus; Paul Tropp

Other key lawyers:

Alexander Zeltser; Thomas Fraser

Key clients

Baring Private Equity Asia Ltd

Goldman Sachs & Co. LLC

Tronox Holdings plc

U.S. Acute Care Solutions, LLC

Morgan Stanley

LPL Holdings, Inc.

Trinseo S.A.

Bain Capital LP and Surgery Partners

Altice

Work highlights

  • Represented J.P. Morgan as lead book-running manager in Hannon Armstrong Sustainable Infrastructure Capital, Inc.’s private offering of $1bn in aggregate principal amount of 3.375% senior unsecured notes due 2026.
  • Represented Tronox Holdings plc in the offering by its wholly owned subsidiary, Tronox Incorporated, of 4.625% Senior Notes due 2029 for an aggregate principal amount of $1.07bn.
  • Represented LPL Holdings, Inc. in its 144A/Reg S offering of $400m in aggregate principal amount of senior unsecured notes.

Finance > Commercial lending

Advising on both sides of debt financing transactions, Ropes & Gray LLP is one of the most active firms in borrower work, representing first-rate private equity firms in high-value refinancing mandates and the financing of significant leveraged buyouts and strategic acquisitions. The group also handles the financing elements of corporate agreements, including joint venture agreements and business combinations. Stefanie Birkmann and Michael Lee lead the finance practice group from New York and Boston respectively, while veteran partner Byung Choi, also based in Boston, continues to assist private equity houses with acquisition financing. The firm’s lender work is largely focused on bankruptcy and restructuring issues, often representing clients in chapter 11 proceedings and debtor-in-possession financings. Boston’s Jeffrey Katz and New York-based Leonard Klingbaum co-lead the capital solutions and private credit group. Gregory Bauer joined the firm’s Chicago office from Holland & Knight LLP in September 2021.

Practice head(s):

Stefanie Birkmann; Michael Lee; Leonard Klingbaum; Jeffrey Katz

Other key lawyers:

Andrea Hwang; Alyson Gal; Joanne De Silva; Kevin Jarboe; Alexander Zeltser; Gregory Bauer; Byung Choi

Key clients

TPG Capital

Bain Capital

New Mountain Capital

CCMP Capital

H.I.G. Capital

Partners Group

TSG Consumer Partners

Advent International

Berkshire Partners

American Industrial Partners

Silver Lake Partners

Golden Gate Capital

Genstar Capital

Dunkin’ Brands Group, Inc.

Sixth Street Partners (f/k/a TPG Sixth Street Partners)

Audax Group

Invesco

Cyrus Capital Partners

Keyframe Capital Partners

Blackstone

Blue Torch Capital

Park Square Capital

Altamount Capital

Aquiline Capital Management

Hilco

Marathon Asset Management

Work highlights

  • Representing TPG Capital and DirecTV in connection with the multi-billion-dollar senior secured debt financing for the spin-off of DirecTV.
  • Representing CCMP Capital and The Hillman Group in its business combination with Landcadia Holdings III, Inc.
  • Representing a private equity investor in connection with its acquisition of a 42% interest in Galway Insurance Holdings.

Industry focus > Healthcare: life sciences Tier 2

Ropes & Gray LLP‘s healthcare team has ‘very specific expertise in niche investment classes,’ and is known as a go-to firm on major transactions. M&A is a key area of experience, having advised Acceleron on its $11.5bn sale to Merck, with the team also able to act in strategic affiliations and financing agreements. Its dedicated regulatory arm is known for its work on clinical trials and drug pricing matters, with a growing emphasis on digital health. Litigation is another key strength, with the team offering distinct practices in Hatch-Waxman litigation and broader contentious corporate support focused on life sciences clients. The team’s Boston office is a source for many leading attorneys in the sector, including transactional IP expert David McIntosh, Marc Rubenstein, who advises clients on collaboration agreements and M&A chair Chris Comeau. Silicon Valley-based Megan Baca is a key adviser to digital health companies, and New York-based Filko Prugo chairs the IP litigation team. Washington DC-based Gregory Levine advises on FDA regulations, with an emphasis on the therapeutics and diagnostics segments.

Practice head(s):

Gregory Levine; Marc Rubenstein

Other key lawyers:

Chris Comeau; Megan Baca; Filko Prugo; Arthur Mok; Alyce Chen; Brad Flint; Geoffrey Lin

Testimonials

‘The team at Ropes has excellent expertise in the Healthcare sector as well as very specific expertise in niche investment classes. The team is very knowledgeable and has the institutional expertise that they can pull in internal experts as necessary to address very specific questions relating to IP, bankruptcy, etc.’

‘Megan Baca is an exceptional lawyer. Knowledgeable, responsive, and very high integrity.’

‘Ropes has great partners and associates with experience in the life sciences sector across all areas, including IP, regulatory, VC deals, IPOs and M&A.’

‘Arthur Mok is very responsive, thoughtful and knowledgeable and has a breadth of experience, not only in the Asia market, but on deals and corporate issues in general. I trust his advice.’

‘Geoffrey Lin is very responsive and thoughtful in the negotiation of licensing agreements. He and his team are able to turn documents quickly to produce excellent work product.’

‘Alyce Chen is an outstanding associate–very responsive, detail-oriented, has good judgment.’

‘Brad Flint is very responsive, gives very helpful advice and has a good sense of what’s market in the VC life sciences deal space.’

‘The Ropes & Gray IP licensing group is the best in the business. Creative thinkers, highly attuned to issues, creative when they have to be, and extremely dependable.’

Key clients

Upsher-Smith Labs

ArcherDX, Inc.

Acceleron

Pfizer

Cyteir Therapeutics, Inc.

National Resilience, Inc.

Prevail Therapeutics

Novavax

Adaptimmune

Shape Therapeutics

Work highlights

  • Advising Acceleron in its $11.5bn sale to Merck & Co.
  • Represented Pfizer Inc. in its $2.26bn acquisition of Trillium Therapeutics Inc.
  • Represented Novavax in connection with the negotiation of multiple agreements related to the development and supply of its proprietary COVID-19 vaccine.

Intellectual property > Patents: licensing Tier 2

Praised for its ‘very strong knowledge’, Ropes & Gray LLP is the firm of choice for a number of large pharmaceutical companies, multiple biotech startups, and investors, while also acting for well-known names form the technology space. Particularly renowned for its expertise advising on research collaboration agreements -frequently including cross-border components-, and commercialization license agreements, the team is co-headed by Megan Baca in Silicon Valley and Melissa Rones in Boston, the firm’s main patent licensing center. Additional key expertise in the Boston office comes from former practice head David McIntosh and life sciences expert Hannah Freeman, who has a particular focus on licensing and collaboration transactions, as well as on asset acquisitions and divestitures.

Practice head(s):

Other key lawyers:

Testimonials

‘Very strong knowledge. Everyone in the team communicates very effectively, is highly responsive and collaborative.’

‘Impressive ability to extract and distill key issues from complex agreements and assist with negotiations. Megan Baca stands out in this area.’

‘Ropes & Gray does an exceptional job on multiple fronts – corporate, transactional and litigation.’

‘David McIntosh is top. Along with other partners they truly are external members of my in-house legal department. Just awesome!’

Key clients

CANbridge Biomed Limited

Coherus BioSciences, Inc.

CStone Pharmaceuticals Co., Ltd.

ImmunoGen, Inc.

IP Bridge

iTeos Therapeutics, Inc.

McAfee Corp.

Novavax, Inc.

Sarepta Therapeutics, Inc.

Takeda Pharmaceutical Company Limited

Blueprint Medicines Corporation

uniQure Biopharma B.V.

Upsher-Smith Laboratories Inc.

Shape Therapeutics, Inc.

Adaptimmune Ltd

Sunovion Pharmaceuticals Inc.

Work highlights

  • Represented Novavax in connection with the negotiation of multiple agreements related to the development and supply of its proprietary COVID-19 vaccine to international organizations and nations around the world.
  • Assisted CStone with a global strategic partnership with biotech EQRx to out-license two late-stage immune checkpoint inhibitor therapies for development and commercialization outside of Greater China.
  • Advised Shape Therapeutics in a strategic research collaboration and license agreement with Roche worth up to $3bn.

Investment fund formation and management > Private equity funds (including venture capital) Tier 2

At Ropes & Gray LLP, the ‘fantastic‘ offering ‘lives and breathes asset management‘ – the firm’s immersion in the latest trends and developments ensures that it is constantly operating at the high value, maximum complexity end of the fund formation market. The attorneys’ ‘deep and broad experience throughout the industry‘ encompasses both sponsor and investor-side work equally, enabling practitioners to fluently negotiate mutually beneficial agreements. In terms of venture capital work, the firm advises on the entire growth cycle of a company, from organization and incorporation, through venture, mezzanine and late-stage funding to sophisticated financing and acquisition transactions for large, multi-national companies. The practice has a highly specialized approach to leadership, with dedicated practitioners taking charge of particular areas: Boston-based Peter Laybourn shares management of the overall private funds department with Leigh Fraser and Morri Weinberg in New York; ‘outstanding, accessible, authoritative and efficientJohn Ayer – also in Boston – leads the private equity group; and ‘walking encyclopaediaMarc Biamonte and Debra Lussier jointly oversee the institutional investors and buyout funds work from New York and Boston, respectively. In April 2021, the New York office was strengthened even further by the arrival of Bryan Hunkele from Fried, Frank, Harris, Shriver & Jacobson LLP.

Practice head(s):

Leigh Fraser; Peter Laybourn; Morri Weinberg

Other key lawyers:

Testimonials

‘The team is fantastic: responsive, smart and expert on the market. The R&G team is at the absolute top of the private funds market.’

‘John Ayer – outstanding in all respects. John is smart, commercial, articulate and an effective negotiator. Highly impressive.’

‘Highly responsive, very knowledgeable, commercial, practical.’

‘John Ayer is outstanding, accessible, authoritative and efficient. You feel very comfortable that his advice comes from a solid foundation of expertise and experience.’

‘The team is always available when needed and is very prompt in responding to complex questions and issues. I’ve worked with many law firms and I’ve not seen the level of service or responsiveness like I have with R&G.’

‘Ropes & Gray lives and breathes asset management. Deep and broad experience throughout the industry.’

‘My assessment is that no other firm compares to the depth and breadth of Ropes & Gray’s experience, feel of the market and ability to guide a fundraise to a successful conclusion.’

‘Marc Biamonte is an outstanding lawyer, with measured judgment, a virtual walking encyclopaedia of market knowledge, and a practiced ability to negotiate with the best. Marc has the ability to lead a team to provide white glove client service of the highest order.’

Key clients

Thomas H. Lee Partners

Hamilton Lane Advisors

Parthenon Capital

BV Investment Partners

Bain Capital

Breakthrough Energy Ventures

Cove Hill Partners

CCMP Capital

Gridiron Capital

Crosspoint Capital

Carlyle (AlpInvest)

Kohlberg & Co

Wynnchurch Capital Partners

The Vistria Group

Adjuvant Capital

Index Ventures

Arrowstreet Capital

Baillie Gifford

Accolade Capital Management

CBRE

Partners Group

Work highlights

  • Advising AlpInvest – a the leading US-based private equity asset manager with over $55bn in assets under management – on the raising of its seventh Secondaries program (ASP VII) with $9bn of commitments (exceeding the original target of $8bn) and its eighth co-investment program (ACP VIII) at $3.5bn.
  • Assisted Crosspoint Capital, a newly formed private equity firm, with the $1.3bn raising for its initial fund, Crosspoint Capital Partners Fund I.
  • Advised Kohlberg & Co – a leading US private equity firm with over $7.8bn in assets under management – on the raising of its ninth flagship buyout fund, Kohlberg Investors IX, with total commitments of $3.4 bn.

Labor and employment > Employee benefits, executive compensation and retirement plans: transactional Tier 2

Noted for its stellar expertise in the life sciences, healthcare and financial services sectors, the team at Ropes & Gray LLP acts for private equity firms and public companies in high-end M&A, such as advising a leading biotech company in the employee benefits and executive compensation aspects of its $11.5bn sale to a major competitor.. In the firm’s Boston office, practice co-leader Loretta Richard focuses on ESOP transactions, while fellow co-leader Renata Ferrari has considerable experience in handling the executive compensation, disclosure and shareholder-related aspects of IPOs. Based in New York, Alexandra Alperovich advises private equity firms, such as Harvest Partners, in high value acquisitions, while Joshua Lichtenstein specializes in ERISA Title 1 mandates. Jennifer Rikoski is another key member of the team and operates from the firm’s office in Boston.

Practice head(s):

Loretta Richard; Renata Ferrari

Other key lawyers:

Alexandra Alperovich; Joshua Lichtenstein; Jennifer Rikoski

Key clients

TPG Capital

Bain Capital

American Industrial Partners

iCapital Network

New Mountain Capital

Long Point Capital

Harvest Partners

Echo Street Capital Management

Tribune Media Company

Vertex Pharmaceuticals

The TJX Companies

New York University

Silver Lake Partners

Advent International

Genstar Capital

Ironwood Pharmaceuticals

Work highlights

  • Represented a leading biotech company in the employee benefits and executive compensation aspects of its $11.5bn sale to a major competitor.
  • Represented New Mountain Capital and its portfolio company, Ciox Health, in the executive compensation and employee benefits aspects of the $7bn merger with Datavant and a simultaneous preferred equity raise.
  • Advised an investment bank and its affiliates on ERISA matters relating to the successful fundraise of a special situations fund.

M&A/corporate and commercial > Private equity buyouts Tier 2

Ropes & Gray LLP leverages its broad US-wide and international platform, with coverage across the UK, Europe, and Asia, and is active across mid-market and bulge-bracket transactions for a range of major funds, both US-based and European. The firm handles buyouts, joint ventures, and portfolio company M&A, including cross-border deals, and is able to service complex transactions with integrated tax, financing, and regulatory expertise. The team is co-headed by David Blittner in New York, an experienced practitioner with expertise in a wide range of transactions including innovative SPAC structures- notably representing CCMP and portfolio company Hillman Group in the $2.6bn merger with Lancadia Holdings III. In Boston, co-head Amanda Morrison has a strong record across global buyouts and disposals, working for international clients such as Cinven. New York-based Carolyn Vardi remains a key name for complex international transactions, including strategic acquisitions, take-privates, and investments. Working between New York and Boston, Alfred Rose is a senior figure within the team, and an authority on private equity issues, while San Francisco’s Minh-Chau Le has a growing reputation for handling complex carve-outs and portfolio transactions for the likes of Vista and TPG. Neill Jakobe is another key name for complex transactions, and advised Baring Asia on its carve-out acquisition of HGS Healthcare for $1.2bn.

Practice head(s):

Amanda Morrison; David Blittner

Other key lawyers:

Carolyn Vardi; Alfred Rose; Neil Jakobe; Mihn-Chau Le; Bob Rivollier

Testimonials

‘Level of sophistication and ability to handle complex transactions and situations is a differentiator for Ropes and Gray.’

‘Virtually all of the individuals we have engaged with at Ropes and Gray are best-in-class.’

‘Ropes is a first class international law firm. Ropes has gained about 80% of our market share because of their reliability, first-class lawyers, specialist capabilities, and frankly, we trust them as they have given us great advice time and time again.

David Blittner is one of the best lawyers in private equity M&A.

‘Bob Rivollier is a lawyer that I have extensive experience with and my go-to private equity lawyer in the United States. He is excellent, a first-class lawyer, and someone I admire and consider a business partner.

 

Key clients

Advent International Corporation

Audax Group

American Industrial Partners

Avista Capital Partners

Bain Capital

Baring Private Equity Asia

Berkshire Partners

Blackstone Group

CCMP Capital Advisors

Charlesbank Capital Partners

Cinven

Cove Hill Partners

Gauge Capital

GHO Capital Partners

GI Manager

Golden Gate Capital

Harvest Partners

H.I.G. Capital

Kohlberg & Company

New Mountain Capital

Partners Group

Silver Lake Partners

The Vistria Group

TSG Consumer Partners

TPG Capital

Work highlights

    M&A/corporate and commercial > Shareholder activism Tier 2

    Ropes & Gray LLP is able to leverage strengths across a number of disciplines to handle a broad spectrum of work for international brands, such as Dunkin’ Brands and Planet Fitness; it draws upon the expertise of practitioners operating in areas such as M&A, litigation, capital markets and corporate governance. Led by Jeffrey Katz in Boston, the team advises on shareholder communications and activist engagement, as well as proxy contests and ESG benchmarking, compliance and reporting. Also notable is that the group is experienced in acting for investors on their engagement with management.

    Practice head(s):

    Jeffrey Katz

    Key clients

    Acceleron Pharma

    Overseas Shipholding Group

    Ironwood Pharmaceuticals

    Eversource Energy

    Dunkin’ Brands

    Planet Fitness

    HG Vora Capital

    Nuveen Closed End Funds Board (and Demand Review Committee)

    Domino’s Pizza

    Sarepta Therapeutics

    AMG Funds

    Work highlights

    • Acted for Acceleron on its $11.5 billion sale to Merck, including with respect to its engagement with activist investors Darwin Global Management, Holocene Advisors and Avoro Capital.
    • Represented the Nuveen Demand Review Committee in its response to demand letters sent to five Nuveen funds by Saba Capital, and represented Nuveen’s full closed-end fund board in SDNY litigation filed by Saba Capital.
    • Represented AMG Funds in connection with a dispute involving its former subadvisor, Friess Associates, regarding subadvisor changes to two funds representing more than $1 billion of assets.

    Media, technology and telecoms > Cyber law (including data privacy and data protection) Tier 2

    Ropes & Gray LLP stands out for its comprehensive data, privacy and cybersecurity offering in the US, paired with cross-Atlantic collaboration with the firm’s London-based team, which is particularly appreciated by clients seeking compliance, advisory, enforcement and litigation aspects pertaining to the collection, storage and processing of company and personal data abroad. Standout mandates for the team include work for Wyndham and LabMD relating to regulatory investigations of cybersecurity incidents. Corporate and data transactions complete the group’s offering. Key contacts include practice heads Edward McNicholas and Fran Faircloth, both in Washington DC.

    Practice head(s):

    Edward McNicholas

    Other key lawyers:

    Testimonials

    ‘The firm translates its global expertise into practical advice at a fair price.’

    ‘Rohan Massey and Ed McNicholas are both experienced practitioners blessed with integrity, judgment, and the ability to provide clear, practical, implementable advice. They are mindful of the impact of billing. And they are a true pleasure to work with.’

    ‘The Ropes team is the best of the best. The team is hands-on and practical and as subject matter experts, they deliver high-level practical business advice. Their approach is not buried in unnecessary analysis, but instead is to the point and timely in line with updates in the evolving legal landscape. Their dedication is resolute. Whether on longer term projects or immediate needs, they make themselves available to meet client needs, as collaborators and legal expert counselors. They appreciate the need for working with client about bespoke needs and billing procedures. In sum, they are a go-to counsel of choice.’

    ‘This team is able to take novel concepts involving multi-stakeholder data sharing and analysis and develop a comprehensive partnership agreement that addresses all parties concerns and needs.’

    ‘Working with Ropes and Grey, and more specifically Fran Faircloth and team, is the combination of experience in the innovative uses for data, the significant research they conduct to fill any knowledge gaps they may have, their customer service – relationally they are a joy to work with.’

    ‘They have as much, or more, experience in this area as any firm in the country. Their team is professional and prompt in their attention to these time-critical issues.’

    ‘Edward McNicholas and Fran Faircloth: despite the pressures of other cases, they were always prompt, knowledgeable, and helpful in addressing our issues.’

    Key clients

    Kevin Thompson / former CEO of SolarWinds

    Advocate Aurora Healthcare

    Bombas LLC

    The Office of the Privacy Commissioner of Canada

    Hilton Worldwide

    Invesco

    Altimeter Growth Corp

    New Mountain Capital LLC

    eClinicalWorks LLC

    TPG Capital LP

    Work highlights

    • Representing the former CEO of SolarWinds in a variety of state AG, congressional, and federal investigations, as well as securities litigation in Texas, shareholder derivative litigation in Delaware, and negotiations regarding other threatened cases.
    • Represented Advocate Aurora Healthcare in purported state class action litigation arising from a data incident at one of its constituent hospitals involving the employees of the hospital.
    • Advised New Mountain Capital LLC regarding the acquisition of a cutting-edge advertising technology company.

    Tax > Not-for-profit (nonprofit and tax exempt organizations) Tier 2

    At Ropes & Gray LLP, the tax-exempt practice is led by practice head Kendi Ozmon in Boston and has expertise representing several leading universities, academic medical centers and foundations. The group has extensive experience in taxation work, charitable giving and transactional mandates, and retains its specialism in the health care sector. Counsel Brittany Cvetanovich has a strong asset management background and advises fund managers on the formation of private equity. In the Washington DC office, highly rated Carolyn Ward is the key name handling corporate governance, domestic and international grant-making and endowments. She is supported by counsel Gil Ghatan who focuses on corporate M&A for private foundations. At the associate level, Franziska Hertel is recommended. The group works closely with its government enforcement and litigation practice to handle complex disputes. Lawyers are in Boston unless otherwise stated.

    Practice head(s):

    Kendi Ozmon

    Other key lawyers:

    Testimonials

    ‘Incredibly smart, collaborative, very easy to work with. The characteristics of the team apply to all attorneys we have worked with, including Carolyn (Morley) Ward, Gil Ghatan, and Nick Wallace’

    ‘Ropes & Gray LLP were terrific partners in understanding the complex nuances of a new law, the ensuing regulatory process, and the myriad ways it impacted our complex sector. The approach they took involved tactical decision-making, diplomatic communications, and, overall, the project was handled elegantly.’

    ‘Carolyn O. (Morey) Ward delivered exceptional service on a new complex regulation that has a multi-million dollar impact on our sector. Her leadership, and the entire team she engaged on the project, delivered thoughtful, strategic solutions to a complex and controversial situation. I was further impressed when, due to her work on the initial project, she identified another emerging matter of concern that would not have otherwise been on our radar. Her team was service-oriented, diligent, and thoughtful in providing a service that was well above expectations. We were not only satisfied, but delighted by the support we received.’

    ‘What I appreciate most about the practice is their deep knowledge of our space, and, as a larger firm, the ability to pull in other practice areas as needed. They have taken the time to really get to know us as the client, and it allows for efficiently responding to inquiries that we have.’

    ‘As a lawyer myself, I can say that Morey Ward is among the best attorneys I have interacted with. Among the highlights: incredibly knowledgeable in our space, deep understanding of us as a client, and delivers advice in a thoughtful way. In addition, she is always very responsive, and terrific to interact with.’

    Key clients

    University of Southern California

    Harvard Pilgrim Health Care

    University of California

    U.S. Fund for the Global Fund

    Catalyst Institute

    Stanford University

    NYU Langone Hospitals

    Whitehead Institute of Biomedical Research

    Work highlights

    • Advised Harvard Pilgrim Health Care in its $8bn combination with Tufts Health Plan, representing the coming together of two of New England’s most iconic non-profit health care companies.
    • Represented an asset manager in its spin-out from a public charity and as fund counsel for Azolla’s first climate technology fund.
    • Advised University of Southern California (USC), a leading research university, on the structuring and formation of a new health care system, involving the creation of a new parent entity and two new hospital subsidiaries, as well as applications for tax-exempt status for all entities.

    Tax > US taxes: non-contentious Tier 2

    Ropes & Gray LLP‘s sizeable practice handles the full range of transactional and advisory tax matters. Led by Elaine Murphy , recent highlights for the team include multi-billion dollar NASDAQ listings, acquisitions, and take-privates, as well as a steady stream of deals for clients in the healthcare and life sciences sector.  Amanda Holt focuses on real estate investment structuring, while Kendi Ozmon is routinely sought out by a number of non-profit organizations operating across a variety of industries. Pamela Glazier works with an array of private equity firms on transaction structures and financings, while New York-based Jim Brown is highly experienced in asset management and credit fund tax matters, with particular expertise in crypto and other digital currencies. All named lawyers are based in Boston unless stated otherwise.

    Practice head(s):

    Elaine Murphy

    Other key lawyers:

    Amanda Holt; Kendi Ozmon; Pamela Glazier; Jim Brown

    Key clients

    University of Southern California

    Bain Capital

    BrightSphere Investment Group

    Harvard University

    Ironwood Pharmaceuticals

    E-mart Inc.

    The Michael’s Companies

    Astra Space

    Harvard Pilgrim Health Care

    Aquiline Capital Partners

    Advent International

    Ares Management

    Audax Group

    Sculptor Capital Management

    CBRE

    Harvest Partners

    TSG Consumer Partners

    TPG Capital

    Work highlights

    • Represented TPG Capital on tax matters in connection with a simultaneous carve-out acquisition of AT&T’s television business including AT&T TV and DirecTV and purchase of 30% stake in the newly carved out business for $1.8bn.
    • Advised Harvard Pilgrim Health Care in its $8bn combination with Health Plan Holdings.
    • Represented Astra Space on tax matters with respect to its $2.1bn business combination with Holicity, a special purpose acquisition company.

    Antitrust > Cartel Tier 3

    Ropes & Gray LLP strengthened its investigations practice with the arrival of Samer Musallam from the DOJ Antitrust Division in January 2021. The team handles the full range of matters for corporate clients, encompassing internal investigations into suspected anti-competitive behaviour, representation in cartel investigations and enforcement proceedings, and follow-on damages litigation. The firm acts for companies and their executives, with particular strength in the tech and financial services sectors, and also leverages its international reach for cross-border investigations. The team is led by New York-based Michael McGovern, who focuses on high-stakes criminal defense proceedings, alongside Washington DC’s Mark Popofsky. The firm also has a strong office presence in Boston.

    Practice head(s):

    Mark Popofsky; Michael McGovern

    Other key lawyers:

    Key clients

    Former Precious Metals Trader at Deutsche Bank AG

    Mallinckrodt Pharmaceuticals, plc

    State Street Bank and Trust Company and Currenex, Inc.

    Work highlights

    • Representing pharmaceutical manufacturer Mallinckrodt in lawsuits brought by a coalition of state attorneys’ general against 26 pharmaceutical companies and ten executives alleging a conspiracy to inflate and manipulate the prices of dozens of generic drugs.
    • Representing a former Deutsche Bank precious metals trader who was charged in January 2018 in the Northern District of Illinois with one count of conspiracy to commit wire fraud affecting a financial institution and 16 substantive counts of wire fraud affecting a financial institution.
    • Representing State Street and its subsidiary, Currenex, Inc., in a class action on behalf of users of Currenex.

    Dispute resolution > Securities litigation: defense Tier 3

    Ropes & Gray LLP is highly regarded for its work in state and federal court actions, notably for clients in the asset management and private equity sectors, among them Bain Capital and TPG Capital. It is also a key adviser to bulge bracket banks and other sophisticated investment advisory and financial services clients, including mutual funds, in securities litigation matters, and has a strong presence in cases involving life science companies, as well as acting for large public corporations. David Hennes in New York and Peter Welsh in Boston are the lead partners. Welsh and emerging talent in San Francisco Anne Johnson Palmer recently acted for Forescout Technologies, provides device visibility and control solutions to protect against cyberattacks, in a class action alleging that the company made false and misleading statements about the company’s revenue projections, salesforce, pipeline, and its then-upcoming sale to an affiliate of Advent International. 

    Practice head(s):

    David Hennes; Peter Welsh

    Other key lawyers:

    Key clients

    Akebia Therapeutics, Inc.

    Allianz Global Investors U.S. LLC

    Bain Capital and Bain Capital Real Estate, LP

    Canada Goose Holdings Inc.

    Deutsche Bank AG, DB USA Corp., and 44 current and former directors and officers of Deutsche Bank AG

    Eaton Vance Funds

    Elliott Investment Management L.P.

    Forescout Technologies, Inc.

    Former directors of Tesaro, Inc.

    National Amusements, Inc.

    PJT Partners

    ProShares

    Surgery Partners, Inc.

    TPG Capital

    Numerous Underwriter Defendants, including but not limited to: Morgan Stanley, Deutsche Bank, Credit Suisse, Cowen and Company, LLC

    Work highlights

    • Represented ProShares, one of the world’s largest sponsors of leveraged and inverse exchange-traded funds, in a securities class action, which was affirmed by the U.S. Court of Appeals for the Second Circuit.
    • Represented Forescout Technologies in securing a full dismissal of all claims against the client in a securities class action in the U.S. District Court for the Northern District of California.
    • Representing individuals and entities affiliated with National Amusements, Inc. in parallel actions in the Delaware Court of Chancery brought by former stockholders of Viacom and CBS in connection with the multi-billion dollar merger of Viacom and CBS into the combined entity ViacomCBS in 2019.

    Intellectual property > Patents: litigation (International Trade Commission) Tier 3

    Ropes & Gray LLP‘s practice garners praise for being ‘highly client-oriented, prompt, efficient and practical’. The group is noted for its extensive ITC experience as well as for its prowess in handling multi-forum cases, and expertise in recognizing the unique issues raised by parallel ITC and PTAB proceedings. Recent work highlights include successfully representing Emerson Electric at the ITC as part of its long-running international dispute against SIPCO concerning Emerson’s Smart Wireless products. Heading the team is Washington DC’s Matthew Rizzolo, who has a focus on technology companies and is well-versed in all facets of litigation, from pre-suit investigation through trial, post-trial proceedings, and appeals. Over in the Silicon Valley office, Andrew Thomases, who leads the wider IP practice, and James Batchelder, are the key contacts.

    Other key lawyers:

    Testimonials

    ‘Highly client-oriented, prompt, efficient and practical.’

    ‘Matthew Rizzolo stands out in the DC office.’

    Key clients

    Roku, Inc.

    Emerson Electric Co.

    RAB Lighting, Inc.

    TiVo Corporation

    Walker Edison Furniture Company

    Work highlights

    • Representing Roku in its ITC investigation against Universal Electronics.
    • Represented Walker Edison in an ITC investigation and federal district court copyright infringement action filed by Toppan Interamerica, achieving a favorable settlement.
    • Achieved wins for TiVo in its IP battle at the ITC against Comcast, achieving two exclusion orders for TiVo.

    Intellectual property > Trade secrets (litigation and non-contentious matters) Tier 3

    Ropes & Gray LLP‘s cross-departmental team regularly litigates cases in state and federal courts across the country, working with an assortment of clients from the fields of med-tech and biotechnology, healthcare, and software. Washington DC-based Peter Brody handles various trade secrets disputes, with recent highlights including arbitral victories for clients in the semiconductor and renewable energy sectors. In Silicon Valley, IP litigation chair Andrew Thomases is additionally reputed for his wide-ranging capabilities in the technology sector, ranging from semiconductors to streaming platforms.  David Chun appears before district and appellate courts on the full spectrum of technology trade secret cases. Boston-based Doug Brayley advises employers on issues arising from non-compete clauses and breach of contract.

    Practice head(s):

    Peter Brody; Andrew Thomases

    Other key lawyers:

    Key clients

    IQE plc

    Lazer Spot, Inc.

    Beam Therapeutics

    Exactech, Inc.

    Work highlights

    • Representing Exactech, Inc. and its subsidiary XpandOrtho Inc. in a dispute against Zimmer Biomet Holdings Inc. and certain of its subsidiaries involving multiple allegations, including patent infringement, misappropriation of company trade secrets and unfair competition.
    • Represented Lazer Spot, a leading provider of yard management services, in an action brought by Hub Group, Inc. Hub Group alleged that Lazer Spot had hired a former employee who brought with him to Lazer Spot a number of proprietary and trade secret files, which Hub Group claimed was part of an ongoing effort by Lazer Spot to poach one of its major customers.
    • Represented IQE plc in a trade secret misappropriation and breach of contract matter against Solar Junction Corporation, when the LCIA Tribunal found that IQE did not misappropriate any trade secrets or breach the supply agreement, and awarding IQE over $4m in attorneys’ fees and arbitration costs.

    Labor and employment > Workplace and employment counseling Tier 3

    Ropes & Gray LLP‘s workplace and employment counseling group is entrusted by clients with sensitive matters, from cross-border investigations to pay equity audits. The practice also focuses on the labour aspects of major corporate transactions and executive employment matters. Key practitioners include Boston- and San Francisco–based partner Jeffrey Webb, and Megan Bisk and Jennifer Cormier in Boston, who have worked extensively with clients in the financial services, healthcare and technology sectors.

    Practice head(s):

    Meg Bisk

    Other key lawyers:

    Key clients

    TPG Capital LP No

    American Industrial Partners No

    GHO Capital No

    The TJX Companies Inc. No

    Advent International Corporation No

    Qorvo Inc. No

    Bain Capital LP

    Partners Group Administration Services AG

    Avista Capital Partners LP

    Silver Lake Partners

    Harvard Pilgrim Health Care

    University of Southern California

    Work highlights

    • Advised Harvard Pilgrim Health Care on employment aspects of its $8bn combination with Health Plan Holdings.
    • Represented Baring Private Equity Asia (BPEA) on cross-border employment matters in connection with its $1.07bn sale of the surgical business of Lumenis to Boston Scientific.
    • Advised Brandeis University on the negotiation of its highly publicized university president’s contract.

    M&A/corporate and commercial > M&A: large deals ($1bn+) Tier 3

    Ropes & Gray LLP has an integrated global practice which is routinely involved in high-end SPAC transactions, and is particularly well-regaded for its specialism in the life sciences sector. In Boston, Christopher Comeau has expertise in the consumer and medical technology sectors; he co-heads the practice alongside Jane Goldstein, who splits her time between New York and Boston, and is acclaimed for her ‘excellent grasp of market conditions and significant transactions.’

    Practice head(s):

    Jane Goldstein; Christopher Comeau

    Other key lawyers:

    Carl Marcellino; Paul Kinsella; Matt Jacobson

    Testimonials

    ‘Jane Goldstein is technically very sound and has an excellent grasp of market conditions and relevant comparable transactions. What sets her and the team apart is their practical, business-perspective approach. They cut through the theoretical and academic to give sound practical advice that serves us well as clients but also facilitates getting to the right outcome efficiently. They are also extremely responsive and a pleasure to work with.’

     

    Key clients

    Acceleron Pharma

    Altimeter Capital Management LP

    Altus Power Inc.

    American Well Corporation

    AskBio

    Astra Space, Inc.

    Aurora Acquisition Corp.

    Deutsche Bank

    Dragoneer Investment Group

    Dunkin Brands Group Inc.

    Eversource Energy

    Gilead Sciences Inc

    HiberCell

    Lilium GmbH

    Longview Acquisition Corp.

    Longview Acquisition Corp. II

    McAfee

    Medtronic, Inc.

    Michaels Stores Inc.

    Moelis & Company LLC

    Morgan Stanley & Co Incorporated

    Pfizer, Inc.

    Prevail Therapeutics, Inc.

    Sandbridge Acquisition Corp.

    ServiceMax

    Sports Entertainment Acquisition Corp.

    Work highlights

    • Represented publicly held Altimeter Growth Corp., a special purpose acquisition company, in its pending $40bn business combination with Grab, Southeast Asia’s leading superapp.
    • Represented Dunkin’ Brands Group Inc., one of the world’s leading franchisors of quick service restaurants, in its $11.3bn sale to Inspire Brands, a multi-brand restaurant company.
    • Advising Acceleron in its $11.5bn sale to Merck & Co.  

    Real estate Tier 3

    Maintaining ‘vast experience across every product and structure’, Ropes & Gray LLP continues to hold a strong reputation in the New York and Boston real estate equity and finance transactional market. During 2021, Daniel Stanco acted for Annaly Capital in the $2.33bn sale of its entire commercial real estate portfolio and management team to Slate Asset Management. David Djaha and David Kaye, also in New York, routinely advise investment banks, private equity funds and developers. Co-heading the global practice alongside Stanco, John (Jack) Creedon is a recognized figure in Boston’s real estate market; he is joined by Richard Gordet and associate Effie George Floyd.

    Practice head(s):

    John Creedon; Dan Stanco

    Other key lawyers:

    David Djaha; David Kaye; Richard Gordet; Effie George Floyd

    Testimonials

    ‘Ropes & Gray makes a tremendous effort to understand the unique ways our firm conducts business via joint ventures with third party operating partners and has been instrumental in crafting and advancing our robust legal documents for our joint ventures over many years.’

    ‘Richard Gordet and David Kaye, specifically, are essential partners to our real estate platform. Each has spent years advising our firm’s decision makers and have a unique familiarity with our robust documents, which they were instrumental in crafting.’

    ‘Expertise is something that everyone claims to have, but it isn’t a commodity. Ropes & Gray’s real estate practice has vast experience across every product and structure that gives us the comfort we need to manage our risk as we move across sectors, geographies, and structures in complex transactions.’

    Key clients

    Abrams Capital

    ACORE

    Allianz Real Estate

    Angelo Gordon

    Annaly Capital

    Apollo Management

    Bain Capital Real Estate

    Baupost Group

    BentallGreenOak

    BidFair LTD.

    BioMed

    Blackstone

    Brookfield Asset Management

    Cohen & Steers

    Colony Capital

    Eaton Vance

    First Atlantic Capital

    Harbor Group

    HIG Capital

    JVP

    Kayne Anderson

    KKR

    Liberty Mutual Insurance Company

    MSD Partners

    Nan Fung

    Oak Hill Advisors

    Oaktree Capital Management

    Partners Group

    PIMCO

    Related Fund Management

    Siguler Guff

    Tilden Park

    TPG

    Work highlights

    • Represented Blackstone in closing US$15bn in repurchase and secured credit facilities to finance Blackstone’s global commercial mortgage loan portfolio and originations.
    • Advised TRTX in a $1.25bn commercial real estate (CRE) collateralized loan obligation (CLO) offering, the fourth CRE CLO by TRTX and the largest of Q1 2021.
    • Advised Oaktree Capital Management as seller in closing approximately $1bn in repurchase facilities and note-on-note financings to finance Oaktree’s commercial mortgage loan portfolio and originations.

    Dispute resolution > Appellate: courts of appeals / Appellate: supreme courts (states and federal)

    Ropes & Gray LLP‘s appellate group forms a key part of the firm’s broader litigation and enforcement department, which equips it to handle appeals across a broad array of sectors. On the corporate front, the group has experience in IP, antitrust, insurance, bankruptcy and securities law matters. Additionally, it secures a significant volume of constitutional and criminal law cases nationally. Washington DC-based practice chair Douglas Hallward-Driemeier has clocked up 17 appearances before the US Supreme Court and has also argued before every federal Court of Appeals. He recently represented the City of Boston before the US Supreme Court in a case discussing the scope of the ‘government speech’ doctrine.

    Other key lawyers:

    Key clients

    American Tower Corporation

    Apax Partners, LP

    Approximately 30 clients, including major public and private pension plans and mutual funds (including the Tribune Company pension plans)

    Casita LP

    City of Boston

    Emerson Electric Co.

    Eversource Energy

    Grand River Navigation Company, Inc.

    Investment Company Institute

    IP Bridge, Inc.

    Metropolitan West Asset Management, LLC

    National Women’s Law Center, Lambda Legal, the Lawyers’ Committee for Civil Rights Under Law

    ProShare Advisors LLC

    Work highlights

    • Representing Grand River Navigation Company before the Michigan Court of Appeals in a breach of contract action concerning an alleged breach of a Charter Party Agreement.
    • Acting as court-appointed liaison counsel to a 30-client group of shareholder defendants in coordinating the defense of $8bn fraudulent conveyance litigation seeking to recover payments made to shareholders in a leveraged buyout of the Tribune Company.
    • Representing the City of Boston in a US Supreme Court case discussing critical issues regarding the First Amendment and government speech.

    Dispute resolution > General commercial disputes Tier 4

    Ropes & Gray LLP has a ‘particularly strong bench‘ of litigators who are sought after by private equity firms and their portfolio companies, financial institutions and investment management companies. Corporations in the life sciences, TMT, consumer goods and retail sectors, among others, also frequently turn to the firm. Led by the Chicago-based Jeffrey Bushofsky and Daniel McCaughey in Boston, the team handles a wide range of commercial disputes. New York’s Gregg Weiner ‘gives wise counsel‘, in particular to financial service clients. Rocky Tsai in San Francisco is another key contact.

    Practice head(s):

    Jeffrey Bushofsky; Daniel McCaughey

    Other key lawyers:

    Gregg Weiner; Rocky Tsai; David Hennes; Lisa Bebchick

    Testimonials

    ‘I have never met a Ropes & Gray lawyer who failed to impress. They are book smart and people smart and our go-to firm for litigation.’

    ‘Gregg Weiner gives wise counsel.’

    ‘Lisa Bebchick: smart, savvy, really fights your corner.’

    ‘Very business-savvy. Understands that litigation is a means to accomplishing a business objective and not an objective in and of itself. Flexible at seamlessly implementing different strategies to accommodate rapidly changing business objectives.’

    ‘David Hennes: Steady, consummate consigliere; go-to litigator for bet-the-company litigation. Gets cases settled that need to be settled and is very creative in suggesting different alternatives to accomplish settlement objectives.’

    ‘Rocky Tsai: Great advocacy writer.’

    ‘The legal services offered by Ropes & Gray are unparalleled in the legal community in terms of responsiveness and the quality of legal advice, thought partnership and overall results. At all times, the attorneys are caring, non-judgmental and results-oriented. We are fortunate to have this team as trusted legal advisors.’

    ‘Hands down, the difference is personal attention and quality of legal guidance.’

    Key clients

    Altamont Capital Partners

    American Tower Corporation

    Apax Partners, LLP and affiliates

    ATI Physical Therapy

    Bain Capital

    Belvedere Capital

    Boston Children’s Hospital

    Corner Capital

    Costco Wholesale Corporation

    Gridiron Capital, LL

    CH.I.G. Capital, LLC

    Heartland Dental LLC

    Invesco, Ltd.

    Mallinckrodt, LLC

    Merck & Co. (formerly Schering-Plough Corporation)

    Nine West Joint Defense Group

    Novavax Inc.

    PIMCO

    Shire Pharmaceuticals Inc.

    Sterling Partners LLC

    Teradyne, Inc.

    TPG Capital

    Tribune Shareholder Defense Group

    Visiting Nurse Service of New York

    Work highlights

    • Representing the Nine West Joint Defense Group in precedent-setting fraudulent conveyance litigation seeking to recover $1.2bn in payments made to shareholders in the leveraged buyout of the Jones Group.
    • Prevailed on behalf of Merck in long-running False Claims Act litigation when a unanimous three-judge panel affirmed the judgment of the district court in July 2021.
    • Defending a PE firm and related entities in a number of lawsuits related to a former portfolio company’s default on high-yield debt with a face value of more than €1bn.

    Finance > Restructuring (including bankruptcy): corporate Tier 4

    Ropes & Gray LLP has a comprehensive practice, advising clients such as debtors, special committees, ad hoc committees of creditors and litigation parties. Its expertise includes both in and out-of-court proceedings pertaining to corporate restructuring. The practice is led by New York's Gregg Galardi; his extensive experience in reorganization plans and funded debt was reflected in his role as lead partner in the representation of Centric Brands. Another notable highlight includes the representation of an ad hoc group of second lien lenders to Healogics, where Matt Roose, also based in New York, led the team in drafting first lien loans and a new governance document.

    Practice head(s):

    Gregg Galardi

    Other key lawyers:

    Ryan Preston Dahl; Matthew Roose; Christine Pirro Schwarzman; Andrew Devore; Mark Bane; Mark Somerstein; James Wilton; Benjamin Rhode

    Testimonials

    ‘Extensive capabilities in corporate restructuring for both chapter 11 and out-of-court restructurings. Excellent in troubled company M&A. The depth of skills and ability to guide clients and supervise negotiations is first rate.’

    ‘Worked with Ryan Dahl in more than 5 transactions. The depth of skill and the strong interpersonal qualities were essential in getting transactions done without undue drama and with great efficiency.’

    ‘Gregg Galardi – excellent bankruptcy and restructuring professional.’

    ‘Everyone we have dealt with at Ropes is professional, intelligent, and responsive. All around effective and trust worthy attorneys.’

    ‘Gregg Galardi has represented our company for years. He is who we call when we have tough situations that require creative thinking and hard negotiating. He is a business person’s lawyer and understands goals intuitively. He is a pleasure to work with and a top-notch, effective attorney. Everyone else that we have worked with on Gregg’s team has been exemplary.’

    Key clients

    24 Hour Fitness Worldwide Inc.

    Ad Hoc Committee of Healogics Second Lien Lenders

    Ad Hoc Group of Exela Technologies Inc.

    Ad Hoc Group of ION Geophysical Corporation

    Ad Hoc Group of Noteholders in In re Garrett Motion Inc. et. al.

    Advent International Corporation

    Altamont Capital Partners

    Aquiline Capital Partners LLC as prepetition agent, DIP agent and purchaser of In-Shape Holdings, LLC

    Centric Brands Inc.

    Defense group of institutional investor and managers, including Fidelity, Morgan Stanley, Blackrock, and Vanguard

    Invesco as agents for DIP Lenders and First Lien Lenders of My Alarm Company

    Official Committee of Unsecured Creditors of Bouchard Transportation Co., Inc.

    Rubio’s Restaurant Inc. and its debtor affiliates (“Rubio’s” or the “Company”)

    St. Croix Energy, LLP

    Tor Investment Management Hong Kong Limited

    Work highlights

    • Represented Centric Brands in a reorganization plan pertaining to $1.7bn in funded debt.
    • Represented Robio’s Restaurant Inc. in its chapter 11 case.
    • Represented the Official Committee of Unsecured Creditors of Bouchard Transportation Co., Inc. in its chapter 11 cases.

    Finance > Structured finance: derivatives and structured products Tier 4

    The derivatives and commodes team at Ropes & Gray LLP advises mutual funds, financial institutions, sovereign wealth funds, and corporations on commodes and futures transactions, as well as regulatory matters and product structuring. Its expertise also includes mandates involving swaps, options, structured notes, and exchange-traded options. Based in Boston, practice co-head Leigh Fraser specializes in derivatives and commodities, often advising buy-side clients on the negotiation of ISDA Master Agreements, repurchase agreements, and triparty agreements. Isabel Dische operates out of New York and advises global fund sponsors on structuring and compliance, while in Washington DC, Molly Moore focuses on derivatives and trading arrangements. Deborah Monson retired in January 2021.

    Practice head(s):

    Leigh Fraser

    Other key lawyers:

    Isabel Dische; Egan Cammack; Deborah Monson

    Testimonials

    ‘Molly Moore is my favorite outside counsel I’ve ever worked with — incredibly talented, thorough, but very practical.’

    Work highlights

    • Advised an investment firm client with offices in the US, the UK and Singapore on derivatives, CFTC registration, securities financing matters and regulatory issues.
    • Advised a leading global investment management firm on a variety of derivatives, Dodd-Frank and CFTC regulatory issues for its various private funds and separately managed accounts.
    • Advised an alternative investment firm on US commodities laws & regulations, including navigating National Futures Association exams; and negotiating trading documentation (including master agreements and bespoke arrangements for hedging and speculative purposes), trade structuring and providing advice regarding US & EU derivatives regulatory issues for a variety of investment product types.

    Intellectual property > Patents: litigation (full coverage) Tier 4

    Ropes & Gray LLP's team of skilled IP attorneys is split across the country in key strategic legal centers in Silicon Valley, San Francisco, New York, Boston, and Washington DC. The group frequently acts before all major patent litigation forums, but is particularly distinguished for its remarkable PTAB practice headed by seasoned litigator Scott McKeown. Garnering praise for offering ‘unique ideas’, the department is well known for its strength in the semiconductor, electronics, telecoms and manufacturing sectors.  It is also steadily gaining a foothold in the life sciences sector, with a busy biopharmaceutical and medical device practice managed by a ‘fantastic team’ comprised of Filko Prugo and Charlotte Jacobsen, who have a focus on Hatch-Waxman litigation. Kevin Post and Matthew Rizzolo, who are ‘deeply versed in the relevant technologies’; James Batchelder; and practice head Andrew Thomases are the other key contacts.

    Practice head(s):

    Testimonials

    ‘I have been impressed by the Ropes & Gray team and their knowledge and genuine interest in the pharmaceutical space. They consistently present unique ideas.’

    ‘Filko Prugo and Charlotte Jacobsen are a fantastic team. They work together and complement each other so as to present a well-rounded and knowledgeable team.’

    ‘Kevin Post and Matt Rizzolo understand patent litigation. They are deeply versed in the relevant technologies. They are precise and effective in scoring points. Judges learn to trust this team, because they present the law and facts directly and accurately.’

    ‘Kevin Post has a low-key way of delivering powerful arguments so that judges believe him. Matt Rizzolo scores points with strong legal and factual citations delivered with passion.’

    Key clients

    ArcherDX, Inc.

    BorgWarner Inc.

    Cellink Life Sciences

    CJ CheilJedang Corp.

    Dolby Laboratories, Inc.

    Egenera, Inc.

    Emerson Electric Co.

    Exactech, Inc.

    Extreme Networks

    IP Bridge

    LG Electronics

    Qorvo Inc.

    RAB Lighting, Inc.

    Roku, Inc.

    SAP America, Inc.

    Teradyne, Inc.

    TiVo Corporation

    Tristar Products, Inc.

    Upsher-Smith Labs

    XpandOrtho

    Work highlights

    • Representing BorgWarner in a patent litigation against competitor Schaeffler relating to variable cam timing technology for automotive engines.
    • Representing Emerson Electric in its long-running international dispute against SIPCO concerning Emerson’s Smart Wireless products.
    • Represented IP Bridge in a district court trial and Federal Circuit appeal adverse to TCL Communication and various TCL subsidiaries, which resulted in a precedential ruling with significant implications for future cases of a similar nature.

    Media, technology and telecoms > Fintech Tier 4

    Ropes & Gray LLP is especially busy on the transactional front. The team advised on several prominent SPAC mergers, often with a strong cross-border element, such as as Altimeter Growth’s $40bn combination with Singapore’s Grab Holdings. The firm’s market-leading private equity practice also generates a steady flow of related investment mandates. The team regularly assists underwriters and issuers on IPOs and bond listings. Additional support is provided on regulatory matters and high-end contractual negotiations including shared services agreements. Key partners include Boston-based Edward Black, who heads the firm’s global fintech practice and has a good track record in cryptocurrency, payments technology and robo-advisors. Black co-heads the TMT practice with San Francisco corporate partner Matthew Jacobson and Silicon Valley IP litigator Andrew Thomases. New York’s Scott Abramowitz is busy on the private equity side while Samer Musallam in Washington DC is a lead partner for fintech regulatory investigations and disputes.

    Practice head(s):

    Edward Black

    Work highlights

    • Represented publicly held Altimeter Growth Corp., a special purpose acquisition company, in its pending $40bn business combination with Singapore-based technology company Grab Holdings a leading super-app for digital wallet payments, ride-hailing transport services and food delivery.
    • Advised iCapital Network, a financial technology firm, on several transactions including its acquisition of Morgan Stanley’s private fund administration platform.
    • Advised North Lane Technologies, formerly Wirecard North America, on its acquisition by Syncapay, a holding company for payment technology and solutions companies, including daVinci Payments.

    Media, technology and telecoms > Technology transactions Tier 4

    Ropes & Gray LLP has an experienced technology transactions team that is extremely busy on the corporate acquisitions front. The team provides strong support on major strategic M&As, private equity investments and SPAC combinations, where it represents a broad mix of funds and technology companies. The practice also advises clients on standalone technology transactions including collaboration and shared service agreements as well as licensing arrangements. The multidisciplinary group represents clients across several key markets, including fintech, software, transport, hardware, big data and communications. The team is co-led by Matthew Jacobson in San Francisco and Edward Black in Boston. San Francisco partner Paul Scrivano regularly advises on M&A and other corporate finance matters. Silicon Valley-based IP transactional partner Megan Baca is particularly experienced on the digital health side.

    Practice head(s):

    Edward Black; Matthew Jacobson

    Other key lawyers:

    Key clients

    Advent Technologies

    Altimeter Capital Management LP / Altimeter Growth Corp.

    Altus Power

    Astra Space

    Atlantic Media

    Collision Communications

    Dragoneer Investment Group

    Egenera

    Francisco Partners

    HP

    LG Electronics

    Lilium

    Longview Acquisition

    McAfee

    Qorvo

    TPG Capital

    Work highlights

    • Represented publicly held Altimeter Growth Corp., a special purpose acquisition company, in its pending $40 billion business combination with Grab, Southeast Asia’s leading superapp.
    • Represented ServiceMax in its business combination agreement with Pathfinder Acquisition Corporation, a publicly traded special purpose acquisition company.
    • Represented Dragoneer Growth Opportunities Corp., a SPAC formed by an affiliate of Dragoneer Investment Group, in its business combination with CCC Information Services, a SaaS platform for the property and casualty insurance economy.

    Antitrust > Civil litigation/class actions: defense Tier 5

    The services offered to clients by Ropes & Gray LLP span the whole gamut of antitrust litigation matters, from monopolization and unfair competition to price-fixing conspiracies and the intersection of antitrust with intellectual property. Multi-jurisdictional litigation is also part of the department’s portfolio, which is led by Washington DC-based Mark Popofsky and Jane Willis, splitting her time between Boston and DC. Further key names in DC include Chong Park and Samer Musallam, the latter who joined the firm in January 2021 from the DOJ’s antitrust division.

    Practice head(s):

    Mark Popofsky; Jane Willis

    Other key lawyers:

    Testimonials

    ‘Unflappable. Calm in the storm. Always thinking two steps ahead. Credible, fair dealing advocates who have cache with courts and adversaries alike.’

    ‘The individuals in the practice are incredible skilled, have such a depth of expertise. Importantly, they make all of this accessible to clients by partnering well and understanding how companies work. They are thoughtful about how to present their work and the solutions they create, knowing the realities clients face. The individuals I work with are also great human beings – kind, funny, and a delight to work with.’

    Key clients

    Google Inc.

    Charter Communications

    Work highlights

    • Representing Google as litigation counsel in the DOJ’s monopolization case against Google, filed in the U.S. District Court for the District of Columbia in October 2020, alleging monopolization of various markets involving Internet search.
    • Representing  State Street and its subsidiary, Currenex, Inc. in a class action on behalf of users of Currenex, an electronic trading platform for foreign exchange transactions.

    Antitrust > Merger control Tier 5

    Ropes & Gray LLP advises on a number of domestic and international merger clearances, including major deals in the healthcare and life sciences spaces. The team works in conjunction with its global offices on complex cross-border arrangements, and also maintains an active domestic HSR practice, regularly representing high-profile private equity clients such as Bain Capital in their antitrust filings. The antitrust team is led by Mark Popofsky in Washington DC, while Boston-based counsel Deirdre Johnson takes the lead on merger control work, advising prolifically on HSR filings and merger control proceedings for the firm’s multinational corporate and private equity clients, most notably advising Advent International on its $2.7bn acquisition of Nielsen Global Connect.

    Practice head(s):

    Mark Popofsky

    Other key lawyers:

    Testimonials

    ‘Ropes & Gray has a team-centric culture that distinguishes it from peers. The partners are responsive and knowledgeable, while associates are given significant responsibility and rise to the challenge.’

    ‘All of the individuals we worked with have been extremely personable, while maintaining professionalism. They were very supportive of our management team and led us through a process that was new to many on our side. Each member of the Ropes & Gray team that worked with us was well-versed in the matter, and worked efficiently and effectively.’

    ‘Deidre Johnson is extremely knowledgeable, commercial and responsive. She is a great resource to whom we can introduce potential transaction partners (and their counsel) to help everyone focus in on the jurisdictions and issues most likely to be relevant before going down a rabbit hole with all the possibilities.’

    Key clients

    Google Inc.

    Baring Private Equity Asia Inc.

    Harvard Pilgrim Health Care

    Wright Medical Group

    UniQure BioPharma

    State Street Bank and Trust Company and Currenex, Inc.

    TPG Capital, LP

    Charter Communications

    Acceleron Pharma

    Heartland Dental LLC

    HIG Capital LLC

    Berkshire Partners

    Advent International Corporation

    Charlesbank Capital Partners LLC

    Bain Capital LP

    Mallinckrodt Pharmaceuticals, plc

    Party City Holdings Inc.

    The Capital Group

    Work highlights

    • Advised Wright Medical on the antitrust aspects of its acquisition by Stryker Corporation.
    • Representing uniQure N.V., an investigational gene therapy company, on an agreement to license exclusively to CSL Behring worldwide rights to its pipeline gene therapy for Hemophilia B.
    • Advised Acceleron Pharma before US and foreign authorities in its major $11.5 billion sale to Merck & Co.

    Tax > US taxes: contentious Tier 5

    Ropes & Gray LLP represent asset management firms and clients in life sciences and fintech industries on complex federal and SALT litigation and appeals. The team provides mock audits, drafts formal and informal guidance on reporting and withholding of taxable income, and regularly represent clients in bankruptcy courts and before grand juries. Based in Boston, co-founder of the tax controversy group Kat Saunders Gregor covers disputes with the IRS and other administrative bodies, while co-founder and practice group leader Loretta Richard represents both corporations and high-net-worth individuals in general tax litigation matters, both in District Courts and Federal Court of Claims.

    Practice head(s):

    Kat Saunders Gregor; Loretta Richard

    Key clients

    Veolia Energy Boston, Inc.

    Monomoy Capital Management

    Republic of Ireland

    National Amusements

    TJX Companies

    Tribune Company Master Retirement Savings Trust

    Ivory Investment Management, LP

    Perfect Form Manufacturing LLC

    Work highlights

    • Represented Ivory Investment Management, LP in two related U.S. Tax Court cases, achieving a complete concession defending the limited partner exception to self-employment (“SECA”) tax contained in Section 1402(a)(13) of the Internal Revenue Code.
    • Argued the Motion for Summary Judgment on behalf of Plaintiff Perfect Form in the U.S. Court of Federal Claims.
    • Represented the Republic of Ireland’s Office of the Revenue Commissioners as international tax experts in multiple disputes against taxpayers involving the tax treatment of certain U.S. entities and related party transactions.

    Finance > Financial services regulation Tier 7

    Ropes & Gray LLP draws on its expertise in the investment fund space to provide regulatory advice to prominent investment management and private equity funds. The team is particularly active in helping these clients to ensure that their broker-dealer work complies with SEC and FINRA regulations; the practice also advises clients engaged in derivatives trading on CFTC compliance. Elsewhere, Jason Brown specializes in advising on matters involving the Investment Advisers Act. The sizeable team is jointly led by Brown, Thomas Hiller  and James Thomas in Boston; Brynn Rail, Bryan Chegwidden and Eva Carman in New York; and Joel Wattenbarger and Leigh Fraser, who work across the two offices.

    Practice head(s):

    Jason Brown; Joel Wattenbarger; Brynn Rail; Leigh Fraser; Tom Hiller; James Thomas; Bryan Chegwidden; Eva Carmen

    Testimonials

    ‘Ropes & Gray brings to bear tremendous depth of experience and breadth of understanding to their representation of our firm. They are creative and pragmatic counsel that rely on a stable group of long-term partners who have experience across a broad range of investment management matters.’

    ‘Awesome global scope with internal resources to get right partners and expertise on the matter.’

    Key clients

    Affiliated Managers Group (AMG)

    Bain Capital

    Blackstone Alternative Asset Management (BAAM) and its registered investmentcompanies

    Brighthouse Funds

    BTG Pactual

    Calamos Funds and their IndependentTrustees

    Carlyle

    Dimensional Fund Investors

    DoubleLine Funds and their IndependentTrustees

    First Eagle

    FMR Corporation (Fidelity)

    Grantham, Mayo, Van Otterloo & Co., LLC(GMO)

    iCapital

    Impact Shares ETFs

    Independent Trustees of the DWS Funds No

    Invesco No

    Jackson National Funds and theirIndependent Trustees

    JC Flowers

    Kohlberg Kravis Roberts (KKR)

    Longspur Capital

    MFS Funds and their Independent Trustees

    Natixis Global Asset Management

    The Northern Trust Company

    Pax World Funds

    PIMCO

    Putnam Funds and their IndependentTrustees

    Schroder Investment Management NorthAmerica

    Siguler Guff

    State Street Corporation and State Street Global Advisers

    Thomas H. Lee Partners

    Thrivent

    TPG

    Voya Funds

    Work highlights

    • Advising TPG on various broker-dealer regulatory matters.
    • Advising as fund counsel to PIMCO in relation to 23 closed-end funds, including three closed-end funds operating asinterval funds, and five open-end no-fee funds managed by PIMCO.
    • Advising KKR on various FINRA and SEC rule compliance issues, including recordkeeping, Reg BI and Form CRS, and matters relating to electronic communications

    Finance > Capital markets: debt offerings

    M&A/corporate and commercial > Venture capital and emerging companies

    Ropes & Gray LLP has an especially active Boston-based team, led by partners Marc Rubenstein and Bradford Flint, with especially strong links to growth companies operating in the life sciences and biotechnology sectors.

    Latin America: International firms > Compliance and investigations

    Ropes & Gray LLP's anti-corruption and international risk group is in large part responsible for the solid platform and growth of its Latin America practice. The team is frequently engaged in investigations of alleged FCPA violations and multi-jurisdictional compliance programmes. It is also experienced in anti-corruption due diligence relating to M&A transactions in the region. The firm and the Latin America team are widely recognised for their expertise in pharmaceutical, life sciences, asset management and financial services, amongst many other sectors. Chicago partner Nicholas Berg co-chairs the Latin America team and has deep experience in FCPA and other anti-corruption investigations. María González Calvet co-chairs the Latin America group and is another leader in FCPA, anti-corruption risk and enforcement in Latin America. Chicago partner Ryan Rohlfsen is another extremely active specialist in the Latin America region, while Colleen Conry, Alexandre Rene and Boston's James Dowden are also key team members.

    Practice head(s):

    Nicholas Berg; María González Calvet; Matthew Posthuma

    Key clients

    Embraer (retained Alexandre Rene as an independent monitor)

    Ropes & Gray attorneys focus on the most critical business needs of their clients, across a range of leading legal practices. The firm’s collaborative approach means that its clients have ready access to corporate, litigation, transactional and regulatory attorneys whose knowledge and experience span industries and geographies. The firm is also committed to pro bono service, with 162,000 hours dedicated to important causes in 2017.

    Main areas of practice
    Antitrust: Ropes & Gray’s antitrust team offers sophisticated insight in addressing the wide-ranging needs of our clients, with a record of success in the courtroom and before US antitrust enforcement agencies.

    Business restructuring: The team has extensive experience representing clients in bankruptcy cases, insolvencies and distressed situations throughout the US and internationally.

    Enforcement/FCPA: Recognized as a leader, Ropes & Gray has a successful track record representing clients globally on enforcement actions, internal investigations and compliance issues.

    Finance: The lawyers regularly work on domestic and cross-border financings, providing sophisticated borrowers, lenders and investors with seamless advice on financings spanning the capital structure and industries.

    Hedge funds: Clients, ranging from start-up ventures to established firms with hundreds of billions of dollars under management, receive advice and innovative solutions from one of the most sophisticated hedge fund practices.

    Healthcare: Home to one of the nation’s first practices dedicated to health care law, Ropes & Gray counsels clients on transactions, regulatory matters and government investigations, and provides strategic counseling.

    Intellectual property: The firm delivers cohesive and comprehensive guidance over a full range of IP services, from rights protection and litigation to licensing and transactions, across a wide range of industries.

    Investment management: Clients receive counsel on all aspects of their businesses, including fund formation and management, compliance, fund distribution arrangements, mergers and restructurings, tax matters, and litigation.

    Life sciences: The team understands the unique needs of clients in the dynamic life sciences industry and handles various transactions, from licensing agreements for small companies to large mergers of industry-leading enterprises.

    Litigation: As one of the largest and most experienced securities litigation practices in the US, the firm advises leading companies, financial institutions and individuals when their businesses and livelihoods are on the line.

    M&A: Comprehensive public and private company transactional experience across industries including financial services, health care, life sciences, retail and consumer brands, and technology, media and communications.

    Privacy and cybersecurity: The multi-disciplinary team consists of litigators and transactional, health care and IP attorneys who counsel clients across a broad range of industries.

    Private equity: The firm routinely advises leading large and middle-market clients in multiple industries on every aspect of their largest and most complex global transactions.

    Private investment funds: A pioneer from the inception of the private funds industry, Ropes & Gray has one of the largest and sophisticated global private investment funds practices, advising both fund sponsors and investors.

    Real estate: A multi-disciplinary team advises on domestic and global investments (direct JVs, co- investments and funds, including distressed), financings, acquisitions and leasing in today’s growing real estate market.

    Special situations: The firm’s integrated team includes partners from the US, London and Asia and is ideally equipped to assist clients across the entirety of the special situations deal spectrum.

    Tax: Attorneys offer tax planning, transactional and tax controversy advice for multinational business entities, including private and registered funds, fund sponsors and advisors, public companies, and tax-exempt organizations.

    Market perception: The American Lawyer A-List: 2011–2017; Financial Times North American Innovative Lawyers: 2011–2017; The Legal 500 US – ‘Mutual/Registered Funds Firm of the Year,’ 2015; Chambers USA – “Corporate Crime & Government Investigations Client Service Award,” 2016 – “Health Care Firm of the Year,” 2015 – “Investment Funds Client Service Award, 2017”; Law360 ‘Practice of the Year 2017’ – Asset Management Private Equity, National Law Journal – Pro Bono Hot List 2017

    DepartmentNameEmailTelephone
    Antitrust
    Asset management
    Business restructuring
    Capital markets
    Finance
    Healthcare
    Intellectual property
    Labor and employment
    Life sciences
    Litigation and enforcement
    Mergers and acquisitions
    Privacy and data security
    Private equity
    Real estate
    Sports
    Tax and benefits
    Wealth management
    Number of Partners : 300
    Number of Lawyers : 1,200
    Chairman : R Bradford Malt (brad.malt@ropesgray.com)
    Managing Partner : David C Chapin (david.chapin@ropesgray.com)
    INTERNATIONAL OFFICES : Hong Kong
    INTERNATIONAL OFFICES : London
    INTERNATIONAL OFFICES : Seoul
    INTERNATIONAL OFFICES : Shanghai
    INTERNATIONAL OFFICES : Tokyo

    Commitment to Diversity

    At Ropes & Gray, diversity has long been an essential part of our firm identity. We are committed to fostering an inclusive community of professionals of all races, religions, genders, sexual orientations and family structures. We see our individual differences as an asset that enhances the quality of life for each of us and strengthens what we can accomplish as a firm.

    The firm works hard to promote the recruitment, retention and advancement of people of diverse backgrounds at all levels. Our diversity committee, led by partners Regina Sam Penti and Joan McPhee, hosts programs and events, addresses policy issues, and works to ensure that diversity remains a key focus across all of our offices. With the help of resources such as the Ropes Multicultural Group, LGBTQ Forum, Women’s Forum, and professional development and attorney support teams, we offer educational programs and seminars to our firm community.

    Ropes & Gray has consistently been recognized as being among the nation’s leading law firms in the area of diversity overall, as well as with respect to minorities, gays and lesbians, and women:

    · In the 2020 Vault survey, Ropes & Gray was ranked number five among U.S. firms for overall diversity and among the top ten for diversity for “Individuals with Disabilities,” “LGBTQ Individuals,” “Women,” and “Racial Minorities,” marking the 10th consecutive year that the firm has been ranked in the top 10.

    · For the past 12 years, the firm received a perfect score on the Human Rights Campaign Foundation’s Corporate Equality Index (CEI), earning designation as a “Best Place to Work for LGBT Equality.”

    · The Minority Corporate Counsel Association honored the firm with two consecutive Thomas L. Sager Awards. This award recognizes firms that have succeeded in introducing policies that promote diversity and inclusion through retention, client inclusion, pipeline, mentoring and LGBTQ initiatives.

    · Ropes & Gray was recognized for “Best Mentoring Program” in the Chambers Women in Law Awards.

    · Yale Law Women’s Top Ten Family Friendly Firms survey recognized Ropes & Gray for Gender Equity (2014, 2016 – 2018, 2020).

    · The National Asian Pacific American Bar Association honored the firm with the Law Firm Diversity Award (2015).

    · Ropes & Gray was named one of the top 10 “Best Law Firms for Women” by Law360 (2017, 2018, 2019), and ranked fifth on the publication’s “Ceiling Smashers” list of large firms with the highest percentage of female equity partners.