Firm Profile > Ropes & Gray LLP > Chicago, United States
Ropes & Gray LLP Offices
191 NORTH WACKER DRIVE
Ropes & Gray LLP > The Legal 500 Rankings
Ropes & Gray LLP is ‘well equipped' to handle standalone commercial contracts and M&A-related IP transactions for healthcare companies, IT-companies and private equity firms. Silicon Valley-based Megan Baca (‘business-oriented, resourceful, and reliable’) advised TPG Capital on its stock acquisition from Intel of Wind River Systems, a provider of internet operating systems. In addition, Edward Black advised semiconductors manufacturer M/A-COM Technology Solutions Holdings on a licensing and joint venture arrangement with STMicroelectronics. Practice head David M. McIntosh assisted biotech company Homology Medicines with a research collaboration with Novartis for the use of the client’s gene editing technology in the development of blood disease treatments. Regina Sam Penti was promoted to partner in November 2018; Harry Rubin in New York left the practice to join Kramer Levin Naftalis & Frankel LLP in October 2018. Named lawyers are based in Boston unless otherwise stated.
E-discovery Tier 1
The team at Ropes & Gray LLP is praised by clients for its 'market-leading' expertise in e-discovery and cybersecurity. The group, which is led from Chicago by 'star lawyer' Shannon Capone Kirk, who 'combines good strategy with excellent advocacy in the courtroom', is highly specialized, and all lawyers are also expert in technological issues. It stands out for its capabilities the e-discovery aspects of major data breaches and for handling the spectrum of investigations for corporate clients.
Ropes & Gray LLP has an excellent reputation in the mutual and registered funds space, and advises funds, trustees and managers on a broad range of mandates. George Raine, Gregory Sheehan and Chicago-based Paulita Pike advise the independent directors of Prudential Mutual Funds on a range of matters. John Loder provides ongoing advice to Natixis and Loomis Sayles’ fund groups, while Brian McCabe acts as fund counsel for Pax World Funds and its trustees. Other key names include Sarah Clinton, Timothy Diggins, Elizabeth Reza and James Thomas. San Francisco-based Gregory Davis continues to advise AMG Funds and its affiliate AMG Pantheon Fund. Other clients include Baillie Gifford Funds, Schroder Funds, and Ashmore Funds. Thomas Hiller and New York-based Bryan Chegwidden share leadership of the practice. All named individuals are located in Boston unless otherwise stated.
Alternative/hedge funds Tier 2
At Ropes & Gray LLP, New York-based Laurel FitzPatrick provides ongoing advice to PIMCO on regulatory matters, fund launches and investments in hedge funds, while Joel Wattenbarger assists Sequoia Capital across a spectrum of regulatory and compliance issues. Sarah Davidoff and Jessica O’Mary are also key contacts in the New York office. Boston-based Leigh Fraser, who advises Arrowstreet Capital, co-leads the practice with FitzPatrick. Deborah Monson in Chicago, noted for her futures expertise, is instructed by Willowbridge Associates.
Private equity powerhouse Ropes & Gray LLP maintains its ‘great reputation for issuer-side work’ and continues to handle major strategic matters for private equity sponsors and repeat corporate issuers, including Bain Capital, Canada Goose and TPG. In addition, the arrival of Paul Tropp — previously head of the New York capital markets practice at Freshfields Bruckhaus Deringer LLP — underpins its growing strength on the manager side. For example, Tropp recently advised Credit Suisse Securities, as lead of a 12-bank syndicate, on a $753m follow-on offering by Annaly Capital Management. On the issuer front, Boston-based Craig Marcus assisted Bright Horizons Family Solutions with two follow-on offerings worth $328m and $473m respectively. In San Francisco, Thomas Holden acted for Wright Medical Technology on its private placement of $675m of convertible senior notes. Boston-based partners Patrick O’Brien and Paul Kinsella co-chair a securities and public companies group that was further boosted by the arrival of counsel Christopher Capuzzi, who also joined from Freshfields Bruckhaus Deringer LLP.
Healthcare: life sciences Tier 2
Ropes & Gray LLP handles transactional, regulatory and IP work, assisting biotechnology, pharmaceutical and medical device clients, as well as financial institutions investing in the industry. The practice is co-chaired by Boston’s Michael Beauvais and Washington DC’s Gregory Levine, who specialize in transactional and regulatory matters respectively. Levine has been acting for generic pharmaceuticals manufacturer Akorn in relation to alleged breaches of FDA data integrity requirements that led to the purported termination by German health care company Fresenius Kabi of a $4.3bn merger with the client in April 2018. Boston-based Marc Rubenstein advised Chinese biopharmaceutical company Zai Lab on several US business development transactions. The team was reinforced by the arrivals of FDA’s Beth Weinman, who is now counsel in Washington DC, and IP litigators Charlotte Jacobsen and Filko Prugo, who joined the New York office from Fitzpatrick, Cella, Harper & Scinto and O'Melveny & Myers LLP respectively.
Ropes & Gray LLP advises clients including traditional providers, academic health systems, for-profit companies and private equity firms on a broad range of matters, including transactions, regulatory compliance, antitrust litigation, government investigations, IT and data security. In a recent highlight, John Chesley in the San Francisco office advised Emory Healthcare on a collaboration with Kaiser Permanente in order to provide a new integrated patient care model, while Boston partner Timothy McCrystal took a lead role for Harvard Pilgrim Health Care on its talks over an affiliation with Partners Health Systems. In Chicago, Deborah Gersh acted as regulatory and transaction counsel to Heartland Dental during its sale to KKR. The core team also includes regulatory and reimbursement lawyer Thomas Bulleit in Washington DC, and New York partner Stephen Warnke, who focuses on government enforcement actions and managed care matters. Adrianne Ortega made partner in the firm's Boston office in November 2018, while New York lawyer Drew Clary was promoted to counsel in early 2019.
M&A litigation: defense Tier 2
Ropes & Gray LLP handles high-profile shareholder and corporate disputes, predominantly for private equity and venture capital firms, and financial institutions. Key partner David Hennes in New York (of whom one peer says 'he has risen to the top level and really stands out') scored a major victory in the Delaware Supreme Court for William Koch, CEO of Oxbow Carbon, which saw a post-trial decision by the Court of Chancery reversed. The initial decision had allowed minority investors to force a contractual exit sale of the company under its LLC Agreement. In Boston, John Donovan and Peter Welsh are the standout partners. Donovan handled In re CEC Entertainment, Inc. Stockholder Litigation for Goldman Sachs in Kansas state court, which challenged the purchase of CEC by an affiliate of Apollo Global Management; the class action was dismissed. Welsh represented Elliott Management Corporation in a highly publicized case concerning the client's attempts to sell its interest in utility company Oncor as part of its long-running bankruptcy proceedings.
Not-for-profit (Fortune 1000 private foundations, and national trade associations and charities) Tier 2
Working across the firm's Boston and Washington DC offices, the team at Ropes & Gray LLP has an extremely strong reputation in the market for its advice on tax-exempt issues. The firm is especially recommended for its advice to major universities and healthcare organizations. In the healthcare sector it advised not-for-profit Emory Healthcare, the clinical arm of Emory University, on a collaboration with Kaiser Permanente (KP) to develop a new care model that makes Emory's hospitals the primary hospitals for KP members and physicians. The group also advises Stanford University, and its healthcare division, Stanford Hospital and Clinics, on a wide range of issues. Kendi Ozmon leads the team, which also includes the highly respected Washington DC-based counsel Carolyn Ward.
Patents: licensing Tier 2
Ropes & Gray LLP was especially active in healthcare- and pharmaceutical-related instructions, though the group's recent highlights also include semiconductor and biotechnology mandates. Practice head David McIntosh advised Sarepta Therapeutics on multiple transactions, ranging from the negotiation of a license and option agreement with Lacerta Therapeutics to the negotiation of an exclusive license agreement with Lysogene to develop a gene therapy aimed at treating a neurodegenerative disorder. Bain Capital, BioTelemetry and Shire are other key clients. Silicon Valley's Megan Baca, Edward Black and Mark Bellomy are also noted, as is Regina Sam Penti, who recently made partner. Harry Rubin joined Kramer Levin Naftalis & Frankel LLP.
Private equity buyouts Tier 2
Ropes & Gray LLP's longstanding commitment to the private equity sector continues to bear fruit, with the firm now regularly representing over a third of the world's hundred largest private equity houses. It remains closely associated with Bain Capital and TPG, and in 2018 continued to advise Bain Capital on its $18bn consortium buyout of the Toshiba's semiconductor business, the largest private equity and leveraged finance deal ever seen in Asia, which involved teams from its US, Tokyo, London, and Hong Kong offices. In healthcare technology deals, the firm also advised Summit Partners on its $1.2bn sale of ABILITY Networks to Inovalon Holdings. New York's David Blittner is co-chair of the private equity group alongside Will Shields in Boston; the latter is relationship partner for Bain Capital and is 'practical, commercial and down to earth'. Neill Jakobe 'has cultivated and grown the practice in Chicago' and 'has established himself as a top practitioner'. Jason Freedman is a key name in San Francisco, while Boston senior figure Alfred Rose is 'fantastic', along with fellow Boston colleagues David Chapin and Newcomb Stillwell who still provide tremendous gravitas.
Ropes & Gray LLP's team is very well known for assisting investor-side clients, and is also adept at handling sponsor-side mandates. In Boston, John Ayer and Peter Laybourn advised THL Partners on raising its eighth fund, which has a $3.5bn target. Debra Lussier is also a key contact. In the New York office, Morri Weinberg advised Index Ventures, a venture capital firm focused on investments in the technology sector, on forming Index Ventures Growth IV and Index Ventures IX, while Marc Biamonte, along with Ayer, is instructed by CCMP Capital. Amanda Persaud has ‘tremendous in-depth experience and knowledge in this field’, and has expertise in manager spin-out matters. Other clients include Canada Pension Plan and Temasek. On the West Coast, Raj Marphatia in Silicon Valley is noted for his extensive M&A experience. Other clients include Harvard University, Stanford University, and PIMCO.
Ropes & Gray LLP climbs the ranking due to the growing workload of its 57-partner securities litigation team, which operates from Boston, New York, Chicago, San Francisco and Washington DC. It is 'one of the leading firms for 10b5 cases in the life sciences sector, and for mutual fund '40 Act cases', according to one source, and 'acting for demanding hedge fund clients is the firm's bread and butter'. David Hennes in New York and Peter Welsh in Boston lead the practice. Hennes and Boston-based John Donovan secured the dismissal with prejudice of a federal securities class action brought against underwriters including Goldman Sachs arising from the $450m IPO of Acacia Communications. Welsh is acting for hedge fund Elliott Management in matters arising from Energy Future Holdings’ bankruptcy. In the life sciences sector, Boston-based Randall Bodner acted for Genocea Biosciences in a series of stock-drop cases. With up-and-coming partner Anne Johnson Palmer in San Francisco, Bodner secured the dismissal of a $2bn class action against beverage company Keurig Green Mountain.
‘A great issuer-side firm’, Ropes & Gray LLP is distinguished by its specialist private equity expertise, with sources valuing its ability to leverage ‘strong understanding of private investments and requirements on capital markets transactions’. The team comprises ‘non-confrontational and tireless lawyers’, and also attracts praise for its ‘in-depth knowledge of products and markets’ as well as its commitment to providing ‘seamlessly coordinated solutions across the firm’. In New York, ‘amazing attorney’ Stefanie Birkmann has ‘a great ability to adapt to clients’ and other attorneys’ styles’; she advised Samsonite International on its first-ever European high-yield offering, involving a €350m senior notes issuance. New York-based leveraged finance expert Alexander Zeltser is also singled out for providing ‘keen insights which are critical to getting the best result’; he assisted Coca-Cola Beverages Florida with its $375m private offering of notes. Other senior contacts in the ‘extremely knowledgeable and available’ group include Boston-based global finance co-head Byung Choi and New York-based Jay Kim.
The team at Ropes & Gray LLP is chaired jointly by Jane Willis (who splits her time between Boston and Washington DC), Josh Levy in Boston and New York's Gregg Weiner. The group has real expertise in criminal and investigatory matters arising from the healthcare and life sciences sector, while it also handles issues for individuals and institutions relating to financial services. Anti-corruption work is another key area, a capability boosted by the arrival of Ama Adams from Baker Botts L.L.P. to the Washington DC office in November 2017. Other key members of the team include Brien O’Connor and Aaron Katz in Boston, Michael McGovern in New York and Laura Hoey in Chicago.
Ropes & Gray LLP’s areas of strength include privacy and security compliance, data breaches and intrusions, investigation defense and settlement negotiations as well as the development and implementation of corrective action plans. The practice is headed by Boston’s Marc Szpak, whose team has been assisting fast-food restaurant chain Arby’s against all third-party claims arising from a security breach which targeted customers’ payment card data. Other highlights included advising Nationwide Mutual Insurance Group on a 2012 cyber attack which has generated a number of class actions against the client. Marc Barnes and Deborah Gersh (from Boston and Chicago respectively) are recommended for healthcare work, while Boston’s Richard Batchelder is the name to note for litigation. In January 2019, Heather Sussman, Douglas Meal, Michelle Visser and Seth Harrington joined Orrick, Herrington & Sutcliffe LLP.
Ropes & Gray LLP’s offering now comprises nine partners nationwide with the promotion of newly made partner Danna Kivell in the New York office. Practice co-head Renata Ferrari leads on executive compensation matters including deferred compensation, severance plans and other mandates arising from M&A transactions. Recent transactional highlights included advising on private equity firm Golden Gate Capital’s acquisition of early-education academy The Learning Experience. Other clients for the office include Dunkin’ Brands Group, Waters Corporation, Vertex Pharmaceuticals and LPL Holdings. Also recommended is co-head Loretta Richard, who has experience of employee benefits mandates, including ERISA and tax matters, acting for public and private companies, benefits committees, compensation committees and HR professionals. Highlights included advising McNally Capital and associated co-investors on the acquisition of Federal Data Systems, and acting for The Weather Group and associated equity holders in the $330m sale of a subsidiary to Entertainment Studios. Other key contacts include Jennifer Rikoski and William Jewett. Named partners are based in Boston unless otherwise stated.
Real estate Tier 3
Ropes & Gray LLP, which is ‘hands-on, pragmatic and truly committed to client service’, advises on a range of real estate investment and transactional matters including private equity, finance, tax, environmental, joint ventures and loan acquisitions. New York-based Daniel Stanco advised Colony Capital on the multiple repurchase and secured credit facilities to finance more than $3bn of assets following the Colony Capital merger with NorthStar. Jack Creedon in Boston acted for TPG Capital on the $1.8bn sale of IASIS Healthcare to Steward Health Care; this included a $1.4bn sale and leaseback and mortgage financing package with Medical Properties Trust. Stanco also represented Oaktree Capital Management on various repurchase facilities with multiple banks totaling around $750m. New York-based David Djaha - who leads the firm's global real estate investments and transactions group and will become global managing partner in 2020 - specialises in core and distressed acquisitions and dispositions and mortgage-backed finance. ‘Deeply-experienced and client focused’ Richard Gordet and Walter McCabe in Boston are also recommended. Boston-based Alison George recently joined the partnership. Other clients include Blackstone Mortgage Trust, Morgan Stanley, ACORE Capital, The Related Companies and PIMCO.
Shareholder activism Tier 3
At Ropes & Gray LLP, Jane Goldstein and Jeffrey Katz in Boston advised the special committee of the board of DavidsTea on a proxy contest, in which the company's 46% owner aimed to replace the board. Turning to work for activists, Katz advised HG Vora on its investment in LaSalle Properties, gaining an increase from $30 to $37.8 a share on a bid for the company by Pebblebrook Hotel Trust.
US taxes: non-contentious Tier 3
The tax group at Ropes & Gray LLP has expertise across a range of corporate transactions, and handles standalone tax planning for public and private companies, private equity funds and tax-exempt organizations. Recent highlights for the ‘highly skilled and creative team’ include advising the Elliott Management on the tax aspects of its $2.5bn equity investment in FirstEnergy, and acting for the Weather Group, in addition to its majority equity holders Bain Capital and The Blackstone Group, in its sale to Entertainment Studio Inc. Fundraising expert Jay Milkes advised Nordic Capital, on tax matters in connection with the successful close of Fund IX, while Kristen Winckler assisted CBRE Global Investors with the formation of CBRE Strategic Partners US Value 8, and CBRE Asia Value. Key figures in the Boston office include Eric Elfman, Aaron Harsh, David Saltzman and Benjamin Rogers, the last of whom made partner in October 2018. Also recommended are Dan Kolb and James Brown. All named attorneys are in New York unless otherwise specified.
Appellate Tier 4
Headed by Washington DC-based Douglas Hallward-Driemeier, Ropes & Gray LLP’s appellate practice is based on interdepartmental collaboration, and particularly focuses on bankruptcy, private clients, patents, securities and commercial litigation. Demonstrating this integrated approach, the group convinced the Eleventh Circuit to rule in favor of client LabMD, a now-defunct cancer testing company, in LabMD v Federal Trade Commission, a closely watched data privacy case challenging the authority of the FTC to enforce rules about how personal information is handled. At New York’s First Appellate Division of the Supreme Court, Gregg Weiner defended German American Capital Corporation, a lending entity of Deutsche Bank, and secured a unanimous dismissal of claims brought by borrowers asserting a deliberate outstanding debt misrepresentation under the parties’ loan agreements. In another highlight at the Supreme Court of the State of New York, Hallward-Driemeier and Robert Fischler filed an amicus brief on behalf of Protect Democracy in Zervos v Trump, a defamation case against President Trump.
Cartel Tier 4
Ropes & Gray LLP's Michael McGovern in New York 'is an outstanding, savvy, strategic and thoughtful legal mind' who 'always comes up with innovative and novel approaches'. He recently collaborated with Washington DC- and San Francisco-based practice head Mark Popofsky to represent a healthcare technology company in its response to a grand jury subpoena filed by the DOJ regarding the manufacturing, marketing, pricing and sale of certain products. In Boston, the main name to note is Matthew McGinnis.
Commercial lending Tier 4
Led primarily out of the firm's Boston and New York offices, Ropes & Gray LLP has built a superb reputation for sponsor-led debt finance, which stems from strong relationships with major private equity houses, including Bain Capital, The Blackstone Group and Silver Lake Partners. Standout highlights include advising Golden Gate Capital on the multibillion-dollar financing for its acquisition of Mavis Tire Holdings, which was subsequently merged with an existing portfolio company, Express Oil Change & Tire Engineers. The practice is led by Byung Choi in Boston, and also includes Michael Lee and Patricia Lynch, and New York's Stefanie Birkmann and Jay Kim. The team also handles lender-side instructions, where Boston's Alyson Gal and New York's Joanne De Silva acted for several key debt funds, including KKR Credit Advisors in relation to a multimillion-dollar loan to Red Midco.
Fintech Tier 4
Ropes & Gray LLP has particular experience assisting investment firms with the integration of, and investment in financial technology. Boston-based Edward Black and counsel Edward Baer in San Francisco jointly head the practice group; Black recently led a team which assisted Pacific Investment Management Company with its $20m investment and licensing agreement with Beacon Platform, a developer of cloud-based integrated data and financial analytics platforms. He also advised Willowbridge Associates on several matters including on issues around the acquisition and management of artificial intelligence, data and other technology systems, and in connection with the company’s fintech joint ventures. In another work highlight, the group acted for alternative asset firm TPG Capital and Eze Software (a provider of investment management solutions) in the $1.45bn sale of Eze Software to SS&C Technologies Holdings. Other key names to note include New York-based Sarah Davidoff for her experience handling the formation of funds focused on investing in cryptocurrencies, and IP litigator Leslie Spencer, based in the Silicon Valley office.
General commercial disputes Tier 4
Ropes & Gray LLP has a strong profile in the private equity space and is also notable for its extensive healthcare litigation practice. 2018 saw the team handling a mix of disputes, from breach of contract to fraudulent conveyance to False Claims Act qui tam actions. Significant team developments included the arrival of former executive counsel of General Electric María González Calvet to the Washington DC office. Key names in the firm's headquarters in Boston include department co-head John Bueker and Jane Willis. Jeffrey Bushofsky co-leads the commercial litigation practice from Chicago.
Ropes & Gray LLP employment practice has capabilities in class actions, trade secret and restrictive covenant litigation as well as whistleblower defense, among others. Practice head Jeffrey Webb splits his time between Boston and San Francisco; he assisted Behrman Capital with a putative WARN Act class action filed by former employees. Boston-based counsel Jenny Cooper represents Key Food after a union, which represents employees of several stores that Key Food’s members purchased, alleged that unfair labor practices were committed and Key Food should be held liable as a joint employer. Webb and Cooper are also acting for Berkeley Research Group in an action challenging the enforceability of restrictive covenants of three of its executives in California. Other clients include Bain Capital and Aegerion Pharmaceuticals. Peter Ebb and recently promoted Doug Brayley are also key practitioners.
M&A: large deals ($1bn+) Tier 4
Ropes & Gray LLP has a fine record in big-ticket M&A, most notably in the healthcare and life sciences sectors. The firm further expanded its senior ranks in San Francisco and Silicon Valley with the hire of Matthew Jacobson, a former King & Spalding LLP partner who specializes in life sciences and technology. This follows the recruitment of Paul Scrivano in 2017, who subsequently became the firm's global head of M&A. Now with true credibility on both the East and West coasts, and a solid presence in Chicago, the firm has a substantial offering in the M&A and private equity spheres. The firm represented Heartland Dental, in connection with KKR's acquisition of a majority interest in the company from Ontario Teachers’ Pension Plan and other existing shareholders. Co-head of M&A for North America, Jane Goldstein, splits her time between Boston and New York. Fellow co-head Carl Marcellino is a prominent name in New York, while Boston's Chris Comeau has an outstanding record in life sciences deals. New York's John Sorkin has notable big-ticket transactional experience, especially when representing financial advisers; he advised Perella Weinberg Partners as financial adviser to Becton, Dickinson and Company on its $24bn acquisition of CR Bard and represented Deutsche Bank as financial adviser to Broadcom in its $18.9bn acquisition of CA Technologies. Paul Kinsella continues to be recognized for pharmaceutical and life sciences transactions.
Merger control Tier 4
Ropes & Gray LLP's merger control team 'is skilled and takes a practical, reasoned approach to complex issues, and has particular strength in private equity and healthcare'. Client-recommended counsel Deidre Johnson, who is based in Boston, recently teamed up with Michael McFalls to assist Bain Capital with a number of transactions, including its consortium acquisition of Toshiba's memory business. In the healthcare space, Jane Willis and Jonathan Klarfeld are representing Emory Healthcare in its strategic partnership with DeKalb Medical in Atlanta, and McFalls continues to advise clients such as Wright Medical and Hartford Healthcare. Clients also recommend senior associate Simone Waterbury, and Boston-based associates Kevin Walsh and Derek Yee. Named attorneys are based in Washington DC unless otherwise stated.
Technology-related work is Ropes & Gray LLP's mainstay, but the group has bolstered its life sciences bench with the arrival of Filko Prugo from O'Melveny & Myers LLP, and Charlotte Jacobsen from Fitzpatrick, Cella, Harper & Scinto. Acting as co-counsel, the team represented TiVo in district court and ITC litigation, including PTAB proceedings, regarding programme guide technology, wherein the practice group asserted TiVo patents against Comcast, Arris and Technicolor. The team also represented Godo Kaisha IP Bridge 1 in several proceedings against TCL Communications, Intel and Qualcomm, involving standard-essential LTE patents regarding the first opponent, and semiconductor manufacturing patents regarding the latter two opponents. Other notable instructions came from Emerson Electric, Veeco Instruments and Vizio. Andrew Thomases in Palo Alto directs the practice. Andrew Radsch, also in Palo Alto, and Washington DC's Matthew Rizzolo made partner. Alexander Middleton in New York was promoted to counsel. Richard McCaulley left to found McCaulley Dowell.
Ropes & Gray LLP traditionally focuses on representing official committees of creditors, equity security holders and ad hoc committees of lenders, but the firm also has increasing experience for distressed companies on the debtor side. New York-based Mark Bane and Stephen Moeller-Sally in Boston chair the practice, which was strengthened by the arrival in the New York office of Matthew Roose from Fried, Frank, Harris, Shriver & Jacobson LLP. The team represents Elliott Management Corporation as holder of $2.6bn of claims in the bankruptcy cases of Energy Future Holdings and Energy Future Intermediate Holdings; the team's work included assisting in negotiating a creditor-led plan for the debtors, ultimately concluding with the confirmation of the Chapter 11 plan and the merger with Sempra in 2018. On the debtor side, the practice acted for women’s fashion footwear brand AeroGroup in restructuring its business prior to filing its Chapter 11 petition in September 2017 in the US Bankruptcy Court for the District of Delaware; following an auction, the court authorized the sale of substantially all of the client’s assets, pursuant to a purchase agreement with Alden Global Capital. In another highlight, the firm is representing Wilmington Trust as indenture trustee for $250m of 1.5 lien notes issued by quartz and silicone manufacturer Momentive Performance Materials, in relation to Momentive's Chapter 11.
Technology transactions Tier 4
Ropes & Gray LLP is instructed by telecoms companies, financial institutions and private equity groups, a recent example of which included advising TPG Capital in its stock acquisition of internet operating systems provider Wind River Systems, involving the negotiation and drafting of IP transition services, licensing and collaboration agreements. In addition, the team acted for semiconductor manufacturer M/A-Com Technology Solutions Holding in a licensing and joint venture arrangement with STMicroelectronics for the development of certain telecoms technology. The practice group is jointly headed by Jane D. Goldstein, who divides her time between New York and Boston, Edward G. Black in Boston and Silicon Valley-based Andrew N. Thomases. Also recommended are Matthew Jacobson, who joined the team from King & Spalding LLP and divides his time between San Francisco and Silicon Valley, and recently promoted partner Regina Sam Penti, who divides time between Boston and London.
Ropes & Gray LLP regularly handles trade secrets misappropriation cases, particularly in the technology sector. Washington D.C-based Peter Brody is the key point of contact and is very strong in trade secret litigation. Recent mandates of his include acting for semiconductor company IQE in a trade secret misappropriation claim brought by Solar Junction Corporation in which the client allegedly took trade secrets for a patent application which were disclosed in a supply agreement between the two parties.
Ropes & Gray LLP's antitrust team - led by Chong Park in DC and Boston's John Donovan - recently represented Eversource Energy in a class action alleging it violated federal and state antitrust laws by making systematic downward adjustments of daily natural gas capacity orders, resulting in inflated prices due to limited supply. San Francisco-based Rocky Tsai is working alongside Washington DC-based practice head Mark Popofsky to advise a biotechnology company on a complaint claiming a patent settlement and license agreement between the client and a former partner of the plaintiff harmed competition in the market for a specific type of drug.
Ropes & Gray LLP > Firm Profile
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
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Staff FiguresNumber of Partners : 300 Number of Lawyers : 1,200
OtherChairman : R Bradford Malt (firstname.lastname@example.org) Managing Partner : David C Chapin (email@example.com) INTERNATIONAL OFFICES : Hong Kong INTERNATIONAL OFFICES : London INTERNATIONAL OFFICES : Seoul INTERNATIONAL OFFICES : Shanghai INTERNATIONAL OFFICES : Tokyo
Top Tier Firm Rankings
- Alternative/hedge funds
- Capital markets: equity offerings
- Healthcare: life sciences
- Healthcare: service providers
- M&A litigation: defense
- Not-for-profit (Fortune 1000 private foundations, and national trade associations and charities)
- Patents: licensing
- Private equity buyouts
- Private equity funds (including venture capital)
- Securities litigation - defense
- Capital markets: high-yield debt offerings
- Corporate investigations and white-collar criminal defense
- Cyber law (including data privacy and data protection)
- Employee benefits, executive compensation and retirement plans: transactional
- Real estate
- Shareholder activism
- US taxes: non-contentious
- Commercial lending
- General commercial disputes
- Labor and employment disputes (including collective actions): defense
- M&A: large deals ($1bn+)
- Merger control
- Patents: litigation (full coverage)
- Restructuring (including bankruptcy): corporate
- Technology transactions
- Trade secrets (litigation and non-contentious matters)
- Civil litigation/class actions: defense