Willkie Farr & Gallagher LLP

On January 15-16, counsel Tamika Bent will serve as a chairperson for the program Understanding Financial Products 2025, hosted by Practising Law Institute in New York City. Partner Michael Selig will also participate as a panelist during the event. Learn more: https://lnkd.in/edpvzqXc

On January 16, partner and Co-Chair of the Antitrust & Competition Practice Group Wes Powell will moderate the panel titled “Looking Back, Looking Ahead: Reflections on Biden-era Antitrust Enforcement and Predictions for the New Administration.” The event is part of the New York State Bar Association’s Antitrust Law Section 2025 Annual Meeting. Learn more: https://lnkd.in/e5zqDKzb

Brett Miller, U.S. Co-Chair of Willkie’s Restructuring Department, has been recognized as one of the “Outstanding Restructuring Lawyers” of 2024 by Turnarounds & Workouts.    Brett was named among the top 15 restructuring lawyers of the year for his work on some of the most significant bankruptcy matters, particularly his successful representation of key creditor groups in major chapter 11 cases. Learn more: https://lnkd.in/ef3ZRexa

Misty Sanford, West Coast Chair of Willkie’s Real Estate Department, has been named to Los Angeles Business Journal’s “2024 Leaders of Influence: Thriving in Their 40s.” The annual series recognizes the top professionals in L.A. who are in their 40s and excelling in their fields. LABJ recognized Misty’s leadership and accomplishments as one of the region’s foremost real estate transactional attorneys. The publication highlighted her experience advising marquee clients on the full lifecycle of real estate assets and her impact as a “mover and shaker” in the legal community. Learn more: https://lnkd.in/e_f-9DmB

Todd G. Cosenza, Charles Cording and Amanda M. Payne recently wrote an article for Law360 highlighting important securities rulings from 2024 and outlining potential developments in 2025. Read the full article here: https://lnkd.in/enepmiH8

On December 26, 2024, only three days after a Fifth Circuit motions panel granted a motion by the U.S. government to resume enforcement of the Corporate Transparency Act, a Fifth Circuit merits panel has vacated that order. Full background: https://lnkd.in/eYk4-pzG

Willkie advised leading luxury retail and real estate company Saks Global on its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. On December 23, 2024, Saks Global announced that it finalized its acquisition of Neiman Marcus Group (NMG). Saks Global now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH, each continuing to serve customers under their own brand. The acquisition was announced on July 4, 2024. The Willkie team was led by corporate partners Greg Astrachan, Michael Brandt, Tej Prakash and John Ablan, with finance partners Viktor Okasmaa and Charlotta Chung. Learn more: https://lnkd.in/e9nTFzhx

Earlier this week, the Fifth Circuit stayed the nationwide injunction enjoining the Corporate Transparency Act issued by the district court in Texas Top Cop Shop v. Garland three weeks ago. The stay reinstates the requirement that reporting companies submit and update beneficial ownership information reports to the Financial Crimes Enforcement Network. Full background: https://lnkd.in/enBjzP-V

On January 2, 2025, the Department of the Treasury’s long-gestating outbound investment review regulations will go into effect, following their release of a final rule. Treasury also published a new set of FAQs on December 13, 2024 to further clarify aspects of the Regulations discussed in the final rule. Full background: https://lnkd.in/egGngt-2

Season’s greetings from all of us at Willkie. We wish you all the best for the holidays and in the year to come.