White & Case

Quad-C Exits Investment in MNX in Sale to UPS

Retrieved on: 
Monday, November 6, 2023
White & Case, Sale, NYSE, Jefferies Group, Acquisition, MNX, AIT, 2022 Worldwide Express 250, White, Transport, Partnership, Investment, Aircraft, UPS, Automation, Warehouse

CHARLOTTESVILLE, Va., Nov. 6, 2023 /PRNewswire/ -- Quad-C Management, Inc. ("Quad-C"), a leading middle market private equity firm, today announced it has closed the sale of its investment in MNX Global Logistics ("MNX" or the "Company"), a U.S.-based global time critical logistics provider, to UPS (NYSE: UPS).

Key Points: 
  • CHARLOTTESVILLE, Va., Nov. 6, 2023 /PRNewswire/ -- Quad-C Management, Inc. ("Quad-C"), a leading middle market private equity firm, today announced it has closed the sale of its investment in MNX Global Logistics ("MNX" or the "Company"), a U.S.-based global time critical logistics provider, to UPS (NYSE: UPS).
  • "Quad-C's investment in MNX is an excellent example of our deep history partnering with market leaders within the transportation and logistics sector," said Tom Hickey, a Quad-C Partner.
  • "The MNX team worked hard to build a high-quality company and enable a successful transaction for all parties."
  • Jefferies LLC served as exclusive financial advisor to MNX and White & Case LLP acted as legal counsel to MNX.

High-profile lawyer Josh Siaw MBE ranked 6th most influential Black Briton

Retrieved on: 
Friday, October 27, 2023
White & Case, Mentorship, Government, Powerlist, Summit, White, Politics, AIG, LLP, Student, UK Government Investments, Economic development, Society, Woman, Cryptocurrency, Drug, British Vogue, African

LONDON, Oct. 27, 2023 /PRNewswire/ -- Josh Siaw MBE, Partner at White & Case LLP and co-chair of the UK Government's Africa Investors Group (AIG), is today recognised as the sixth most influential black person in the UK, and the most influential black person in the legal sector, by The Powerlist 2024 – the annual list of the 100 most powerful people of African and African Caribbean heritage in Britain.

Key Points: 
  • Josh is a leading figure in UK-Africa business and in facilitating the development of Africa's economies.
  • Speaking of his ranking in The Powerlist 2024, Josh said: "It is a privilege to have been ranked sixth by The Powerlist.
  • Josh is playing a key role in the UK Prime Minister's upcoming Africa Investment Summit, which will take place in London in 2024.
  • Outside of work, Josh recently established the Siaw Foundation, through which he provides academic scholarships and mentoring to students from disadvantaged backgrounds across the UK and Africa.

Avoiding Pitfalls in Patent/Know-How Licences and R&D Collaborations Training Course

Retrieved on: 
Wednesday, October 25, 2023
Insurance, Piper, EY, DLA Piper, Air Liquide, FIDIC, Touche, White & Case, White, Shell plc, DLA, Kingsford Legal Centre, Nursing, DAMAC

Richard Brady is a lawyer who has spent many years working in Europe and the Middle East in the legal, financial and insurance arenas.

Key Points: 
  • Richard Brady is a lawyer who has spent many years working in Europe and the Middle East in the legal, financial and insurance arenas.
  • He has a degree from Cambridge College of Teachers (2005) on Teaching English and founded the British Legal Centre in 2010.
  • He has also conducted live training courses at legal departments of corporations, including: Shell Oil, Master Foods, Air Liquide, DAMAC (Dubai), ENKA (Turkey) EMBRACO/Whirlpool (Brazil), and Mowasalat (Qatar).
  • His specialist areas include contract law, contract drafting, M&A in the pharma industry, arbitration law and FIDIC contracts.

Ecobat Divests South Africa Business to AutoX

Retrieved on: 
Tuesday, October 24, 2023
Workforce, White & Case, Acquisition, White, Metal, Lead, Recycling, Rationalization, Management, DALLAS

DALLAS and JOHANNESBURG, Oct. 24, 2023 /PRNewswire/ -- Ecobat, the global leader in battery recycling, and AutoX Proprietary Limited are pleased to confirm that Ecobat has completed the divestiture of its operations in southern Africa, Zimco Group Proprietary Limited, to AutoX.

Key Points: 
  • Continuing the rationalization of its portfolio, Ecobat has completed the divestiture of Zimco Group, its lead and industrial operations in southern Africa, to AutoX.
  • DALLAS and JOHANNESBURG, Oct. 24, 2023 /PRNewswire/ -- Ecobat, the global leader in battery recycling, and AutoX Proprietary Limited are pleased to confirm that Ecobat has completed the divestiture of its operations in southern Africa, Zimco Group Proprietary Limited, to AutoX.
  • Investec Bank Limited acted as financial advisor and White & Case acted as legal advisor to Ecobat on the transaction.
  • Bowman Gilfillan acted as legal advisors to AutoX, with Webber Wentzel advisors in respect of the competition regulatory approvals.

Falcon’s Beyond Closes Business Combination with FAST II and Will Begin Trading on Nasdaq

Retrieved on: 
Thursday, October 5, 2023
Technology, Audio, Video, Other Travel, General Entertainment, Lodging, Destinations, Travel, Women, Parenting, Children, Men, Family, Vacation, Entertainment, Consumer, IP, NYSE, Gibson Dunn, Jefferies Group, Business, White & Case, Bell, Entrepreneurship, Growth, FAST, Business analyst, Guggenheim Partners, Management, K11

Falcon’s Beyond Global, LLC (together with its subsidiaries, “Falcon’s Beyond” or the “Company”), a global entertainment powerhouse and visionary innovator in immersive storytelling, today announced it closed its previously announced business combination (“the Business Combination”) with FAST Acquisition Corp. II (“FAST II”).

Key Points: 
  • Falcon’s Beyond Global, LLC (together with its subsidiaries, “Falcon’s Beyond” or the “Company”), a global entertainment powerhouse and visionary innovator in immersive storytelling, today announced it closed its previously announced business combination (“the Business Combination”) with FAST Acquisition Corp. II (“FAST II”).
  • In connection with the completion of the Business Combination, the FAST II units, Class A common stock and warrants have ceased trading and been voluntarily delisted from NYSE.
  • The Business Combination was approved at a special meeting of FAST II shareholders on September 26, 2023.
  • Gibson, Dunn & Crutcher LLP served as legal advisor to FAST II.

SK Capital Acquires Milestone Environmental Services

Retrieved on: 
Wednesday, October 4, 2023
Environment, Finance, Other Energy, Environmental Health, Banking, Professional Services, Sustainability, Green Technology, Energy, Asset Management, Carbon, Cerberus, Partnership, Waste management, White & Case, Latham & Watkins, Global warming potential, Houlihan Lokey, Climate change, Acquisition, Water, CCS, White, CO2, Renewable energy, Milestone

SK Capital Partners (“SK Capital”), a New York-based private investment firm focused on the specialty materials, ingredients, and life sciences sectors, today announced that its affiliates have completed the acquisition of Milestone Environmental Services, LLC (“Milestone” or the “Company”), a leading environmental services and carbon management company, from Amberjack Capital Partners, L.P.

Key Points: 
  • SK Capital Partners (“SK Capital”), a New York-based private investment firm focused on the specialty materials, ingredients, and life sciences sectors, today announced that its affiliates have completed the acquisition of Milestone Environmental Services, LLC (“Milestone” or the “Company”), a leading environmental services and carbon management company, from Amberjack Capital Partners, L.P.
    SK Capital has taken a controlling stake in Milestone in partnership with President and CEO Gabriel Rio, who will continue to serve in that role and retain significant ownership in the Company.
  • Since 2014, Milestone has sequestered more than 2 million tons of CO2e through its proprietary slurry injection process.
  • Jack Norris, a Managing Director of SK Capital, stated, “We are highly impressed with the market-leading, sustainability-driven business that Gabriel and the Milestone management team have built.
  • Goldman, Sachs & Company and White & Case acted as financial advisor and legal counsel, respectively, to Milestone.

Unjust Legal Marathon Ends for Varsity Blues Defendant John Wilson; Sets the Record Straight In and Outside the Courtroom

Retrieved on: 
Friday, September 29, 2023
ACT, Varsity Blues, Varsity, Organic, Massachusetts Appeals Court, IRS, University, Parent, Policy, Tax, White & Case, Multimedia, USC, Harvard University, United States courts of appeals, Government, Athlete, School, Student, Swimming, Fair Admissions Campaign, CIA, Child, Appellate court, FBI, United States Court of Appeals for the First Circuit, Collateral damage, Federation, Fraud, White, Family, Supreme Court of the United States, Pharmaceutical industry

He made legal donations similar to what tens of thousands of other parents give each year to schools including the University of Southern California ("USC").

Key Points: 
  • He made legal donations similar to what tens of thousands of other parents give each year to schools including the University of Southern California ("USC").
  • The recent Fair Admissions U.S. Supreme Court case showed that Harvard has given donor families an average 700% boost in admission rates.
  • This practice is historically common at many universities for qualified applicants, and is still in use today.
  • John Wilson did not commit fraud, he did not bribe any universities, and he did not partake in a grand conspiracy.

Xerox Announces $542 Million Repurchase of Shares from Carl C. Icahn and Affiliates

Retrieved on: 
Thursday, September 28, 2023
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The aggregate purchase price for the repurchase is approximately $542 million, which we expect to fund with a new debt facility.

Key Points: 
  • The aggregate purchase price for the repurchase is approximately $542 million, which we expect to fund with a new debt facility.
  • Subsequent to the closing of the transaction, the Icahn Parties will no longer hold any Xerox common shares.
  • Scott Letier, who has served on the board since 2018, has been appointed chairman of the Xerox Board of Directors effective upon the closing of the repurchase transaction.
  • “Our decision to repurchase shares is reflective of the confidence we have in our business, our strategy and our ability to improve Xerox profitability and cash performance,” said Steve Bandrowczak, Chief Executive Officer of Xerox.

LEARFIELD Announces Closing of Recapitalization Transaction and Equity Investment, Positioning the Company for Continued Growth

Retrieved on: 
Wednesday, September 13, 2023
Data Management, Communications, Sports, Technology, Software, General Sports, Media, Centerview Partners, LLP, BRG, Sport, Wardwell, Fortification, Kirkland & Ellis, Fandom, University, Charlesbank Capital Partners, White & Case, CLC, Latham & Watkins, Fortress Investment Group, Sidley Austin, NIL, Cole, Simpson Thacher & Bartlett, School, Alvarez and Marsal, Growth, Paul, Weiss, Rifkind, Wharton & Garrison, Security (finance), Management, Financial adviser, Accounting, Comcast Spectacor

LEARFIELD (or the “Company”), a leading media and technology company powering college athletics, today announced that it has closed on a comprehensive deleveraging transaction with its lenders and equity partners.

Key Points: 
  • LEARFIELD (or the “Company”), a leading media and technology company powering college athletics, today announced that it has closed on a comprehensive deleveraging transaction with its lenders and equity partners.
  • The Company’s prior equity holders will retain an equity stake in the Company.
  • We’re just getting started.”
    This transaction is the latest transformative initiative implemented by the Company to evolve media and technology in college athletics and position partners for growth.
  • Latham & Watkins LLP and Davis Polk & Wardwell LLP served as legal advisors to certain of the Company’s current equity holders.

The Future is Now: AUCC in Transforming U.S.-Uzbekistan Business Partnership

Retrieved on: 
Thursday, August 24, 2023
President Clinton, White House, Maintenance, Particular, Partnership, United Nations, Freedom, Education, White & Case, CNH Industrial, CIS, Multimedia, Zeppelin, AUCC, Government, United Nations General Assembly, White, Government of Uzbekistan, CNH, Republic, Bilateral trade, GM, Investment, Climate, Coca-Cola, Environment, News, Corruption, Commerce, Drug, Renewable energy, Silverleaf whitefly

We are confident that the United States and Uzbekistan will continue to enhance their commitment to strengthening our partnership as we collaborate on various vital challenges.

Key Points: 
  • We are confident that the United States and Uzbekistan will continue to enhance their commitment to strengthening our partnership as we collaborate on various vital challenges.
  • There have also been many high-level visits and interactions between Uzbekistan and the United States, including the AUCC hosting H.E.
  • As we go forward, we are excited and very optimistic about expanding business and investment opportunities for both countries.
  • It can continue to be a positive and significant influence within the business community for the next thirty years and beyond.