Shearman & Sterling

DT Midstream Closes on Purchase of Additional Ownership in Millennium Pipeline

Retrieved on: 
Friday, October 7, 2022
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DETROIT, Oct. 07, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has closed on the $552 million purchase of an additional 26.25% ownership interest in Millennium Pipeline from National Grid.

Key Points: 
  • DETROIT, Oct. 07, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has closed on the $552 million purchase of an additional 26.25% ownership interest in Millennium Pipeline from National Grid.
  • DT Midstreams total ownership in Millennium Pipeline is now 52.50%.
  • Millennium Pipeline is a 263-mile interstate pipeline, strategically positioned to deliver Northeast Marcellus and Utica gas to utility and power plant markets across New York State and New England.
  • DT Midstream is a founding developer and existing owner in Millennium Pipeline, which has been in service since 2008.

The United States Ranks #13 Behind the UK, France, Mexico, Germany, and Canada in Their Response to Child Sexual Exploitation and Abuse

Retrieved on: 
Tuesday, October 4, 2022
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NEW YORK, Oct. 4, 2022 /PRNewswire/ -- On Wednesday, September 28th, 2022  World Childhood USA launched the USA's pilot US Out of the Shadows (US OOSI) Index with a live webinar and roundtable discussion featuring sex trafficking survivors, activists and policymakers at Shearman & Sterling LLP in Washington, DC. The report which was developed in partnership with  Economist Impact was designed to help uncover how individual states are tackling child sexual exploitation and abuse (CSEA), both in person and online. The twelve states highlighted in the US Pilot Out of The Shadows Index are Connecticut, Illinois, Nevada, New York, Texas, Vermont, Wyoming, Louisiana, California, West Virginia, North Dakota, and Minnesota.

Key Points: 
  • The report which was developed in partnership with Economist Impact was designed to help uncover how individual states are tackling child sexual exploitation and abuse (CSEA), both in person and online.
  • The twelve states highlighted in the US Pilot Out of The Shadows Index are Connecticut, Illinois, Nevada, New York, Texas, Vermont, Wyoming, Louisiana, California, West Virginia, North Dakota, and Minnesota.
  • Illinois, Texas, and Vermont are the only states that have consulted CSEA victims on their experiences of the response system.
  • The United States Pilot Out of the Shadows Indexwas designed to help uncover how states are tackling CSEA both in person and online.

Rocket Companies Announces Executive Leadership Changes

Retrieved on: 
Monday, October 3, 2022
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The board has appointed Brian Brown, Rocket Companies' current Chief Accounting Officer, as the incoming CFO and Treasurer.

Key Points: 
  • The board has appointed Brian Brown, Rocket Companies' current Chief Accounting Officer, as the incoming CFO and Treasurer.
  • Vitale who has been with Rocket Mortgage and Rocket Companies for more than 25 years will transition from his current role to an 'Of Counsel' position, effective immediately.
  • Prior to being named General Counsel for Rocket Companies, Vitale was CEO of Rocket Central and has also served as Rocket Mortgage's Executive Vice President, General Counsel and Corporate Secretary.
  • Founded in 1985, Rocket Companies is a Detroit-based FinTech platform company consisting of personal finance and consumer technology brands including Rocket Mortgage, Rocket Homes, Amrock, Rocket Auto, Rocket Loans, Rocket Money (formerly known as Truebill), Rocket Solar, Rocket Mortgage Canada (formerly known as Edison Financial), Lendesk, Core Digital Media, Rocket Central and Rock Connections.

DT Midstream Increases Ownership in Millennium Pipeline

Retrieved on: 
Thursday, September 29, 2022
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DETROIT, Sept. 29, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has entered into an agreement to acquire an additional 26.25% ownership interest in Millennium Pipeline for approximately $552 million in cash.

Key Points: 
  • DETROIT, Sept. 29, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has entered into an agreement to acquire an additional 26.25% ownership interest in Millennium Pipeline for approximately $552 million in cash.
  • Under the terms of the agreement, DTM will acquire National Grids full ownership interests in Millennium Pipeline, which, upon closing, will bring DT Midstreams total ownership in Millennium Pipeline to 52.50%.
  • DT Midstream is a founding developer and existing owner in Millennium Pipeline, which has been in service since 2008.
  • Increasing our ownership in a premium integrated asset like Millennium Pipeline directly aligns with our strategic investment thesis and accelerates our growth plan, said David Slater, President and CEO.

Faith In Nature Legally appoints 'Nature' to its Board of Directors

Retrieved on: 
Friday, September 23, 2022
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LONDON, Sept. 23, 2022 /PRNewswire/ -- Natural body and haircare brand Faith In Nature has become the world's first company to officially appoint Nature to its Board of Directors, giving the natural world a voice and a vote on the future of the business. The brand has worked with leading environmental and corporate lawyers to turn an idea into reality and have now officially amended their company constitution to include Nature as a director, with all the same voting rights as any other company director.

Key Points: 
  • Faith In Nature has long been one step ahead of the game when it comes to natural beauty products.
  • Established in 1974 by aromatherapist Rivka Rose, Faith In Nature believe in harnessing the power of nature without harming it in the process.
  • Nature will be represented through a proxy role whereby a human who is legally bound to speak on behalf of the natural world, acts on behalf of Nature.
  • The position ofboard representative for Nature will be on rotation, but will begin withBrontie Ansell, Director and Co-Founder of Lawyers for Nature.

Silver Hill Energy Partners, LP Closes $1.02 Billion Fund Focused on Direct Investments in Premier Oil and Gas Basins Across the U.S.

Retrieved on: 
Wednesday, September 21, 2022
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Silver Hill Energy Partners, LP (Silver Hill), announced today that it has closed the franchises third partnership and first institutional private equity fund, Silver Hill Energy Partners III, LP (the Partnership), representing total capital commitments of $1,020,000,000.

Key Points: 
  • Silver Hill Energy Partners, LP (Silver Hill), announced today that it has closed the franchises third partnership and first institutional private equity fund, Silver Hill Energy Partners III, LP (the Partnership), representing total capital commitments of $1,020,000,000.
  • I particularly want to thank our partners for providing their full support as we continue to grow this strong franchise with Silver Hill III.
  • Silver Hill Energy Partners was formed in 2011 with a focus on the direct ownership and operation of oil, natural gas and related infrastructure assets.
  • About Silver Hill Energy Partners III, LP
    Silver Hill Energy Partners III, LP is a private energy fund based in Dallas, Texas, supported by a diverse group of institutional partners.

Caris Life Sciences Announces Appointment of Russ Denton as General Counsel

Retrieved on: 
Thursday, September 15, 2022
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IRVING, Texas, Sept. 15, 2022 /PRNewswire/ -- Caris Life Sciences (Caris), the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare, announced today that Russ Denton has joined the company as Senior Vice President, General Counsel and Secretary, and will lead Caris' legal and corporate governance efforts.

Key Points: 
  • IRVING, Texas, Sept. 15, 2022 /PRNewswire/ -- Caris Life Sciences (Caris), the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare, announced today that Russ Denton has joined the company as Senior Vice President, General Counsel and Secretary, and will lead Caris' legal and corporate governance efforts.
  • Prior to joining Caris, Mr. Denton was a partner at Shearman & Sterling LLP, representing clients in mergers and acquisitions and equity financing transactions, including working with Caris as outside counsel in connection with Caris' growth equity financing transactions.
  • "Caris is leading a revolution in healthcare with novel approaches to categorize, visualize and target disease in ways never before possible," said David D. Halbert , Chairman and CEO of Caris Life Sciences.
  • Caris Life Sciences (Caris) is the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare and improve patient outcomes.

Thomson Reuters Debuts Westlaw Precision

Retrieved on: 
Wednesday, September 14, 2022
Efficiency, Blanchfield, Machine learning, Thomson Reuters, Research, Product management, Shearman & Sterling, Dahn, Shearman, News, Reuters, Language, LLP, History, Accounting, Artificial intelligence, Failure, Motion, Heart, Classification, Lawyer, Outline, Publishing, 3D printing, Editorial, Westlaw

MINNEAPOLIS and ST. PAUL, Minn., Sept. 14, 2022 /PRNewswire/ -- Thomson Reuters today introduced Westlaw Precision, a new version of Westlaw designed to dramatically improve research speed and quality by enabling lawyers to target precisely what they are looking for: legal issues, issue outcomes, fact patterns, motion types, motion outcomes, causes of action, party types, and more. In addition to precise searching, new capabilities include expanded KeyCite functionality and optimized workflow tools.

Key Points: 
  • "Our customers tell us difficult legal research can often take more than 10 hours per case," said Mike Dahn, head of Product Management, Westlaw, Thomson Reuters.
  • "Editorial excellence has long been at the heart of Westlaw," said Leann Blanchfield, head of Primary Law, Editorial, Thomson Reuters.
  • Unparalleled speed and accuracy for searching, filtering, and browsing
    Precision Research is one of six new research capabilities offered in Westlaw Precision.
  • Each iteration of Westlaw has delivered more confidence, efficiency, and accuracy in legal research, and Westlaw Precision continues that tradition, guided by the long history of editorial excellence and innovations that Thomson Reuters is known for.

CIFC Strengthens Legal and Compliance Team With Senior Talent

Retrieved on: 
Thursday, August 18, 2022
Professional Services, Finance, Kirkland & Ellis, Biomedical engineering, Boston University School of Law, Columbia University School of General Studies, GoldenTree Asset Management, Brookfield Asset Management, Compliance, Clos, Growth, Permal Group, Goldman Sachs, ESG, LLP, General counsel, Marketing, LP, Asha, Associate, DE, Conflict management, Shearman & Sterling, Shearman, Culture, Yale University, Solution, Barnard College, Committee, Columbia Law School, Public relations, Financial services, Anthropology

CIFC Asset Management LLC (CIFC), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, today announced that it has strengthened its legal and compliance team with two senior appointments.

Key Points: 
  • CIFC Asset Management LLC (CIFC), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, today announced that it has strengthened its legal and compliance team with two senior appointments.
  • Lily Wicker, former Chief Compliance Officer and Associate General Counsel at Sound Point Capital Management, LP, has joined CIFC as Managing Director, Chief Compliance Officer and Associate General Counsel.
  • Earlier in her career, she held senior compliance roles at Permal Group and Brookfield Investment Management.
  • CIFC currently manages approximately $40 billion in assets and employs more than 185 professionals in the U.S. and Europe.

J.F. Lehman & Company Completes Sale of Lone Star Disposal

Retrieved on: 
Monday, August 15, 2022
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Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, announced today that investment affiliates have sold Lone Star Disposal ("Lone Star" or the "Company") to Waste Connections, Inc. ("Waste Connections").

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, announced today that investment affiliates have sold Lone Star Disposal ("Lone Star" or the "Company") to Waste Connections, Inc. ("Waste Connections").
  • Lone Star is a leading vertically-integrated provider of construction and demolition ("C&D") and municipal solid waste ("MSW") disposal and related environmental services in Houston, TX.
  • Glenn Shor, Chairman of Lone Star and Partner at JFLCO, added, "Our successful partnership with management cemented Lone Star as a clear leader in the Houston market.
  • The sale of Lone Star represents an excellent outcome for our investors, whose support has been essential to our organization's continuing success."