S&C Critical Insights

Industry and Regulatory Trends in Pharmaceutical M&A

In this episode of S&C’s Critical Insights podcast, Frank Aquila, Global Head of M&A, and Matt Hurd, co-head of our Healthcare & Life Sciences group, examine industry and regulatory trends that will reshape pharmaceutical M&A in the coming years. Frank and Matt explore how innovation continues to drive new deal-making opportunities in the pharmaceutical industry, most recently in the development of non-traditional vaccine technologies. They also discuss the current deal landscape in pharmaceutical M&A and what we can expect from the market in the rest of 2021.

Will the EU Destroy Investor-State Arbitration?

In this episode of S&C’s Critical Insights podcast, Joe Neuhaus, head of the Firm’s arbitration practice, and Stewart Robertson, co-head of the Firm’s global project development and finance group, discuss the most recent meeting of the United Nations Commission on International Trade Law’s Working Group III, which is evaluating proposed reforms to investor-state dispute settlement (ISDS). Joe and Stewart provide an overview of the existing arbitral model of ISDS, and criticisms of it. They explore a radical proposal being considered by Working Group III to move away from the arbitral ISDS model and towards the creation of a multilateral investment court, a move supported by the European Union.

Hot Topics in Healthcare Antitrust

In this episode of S&C’s Critical Insights podcast, Matthew Hurd, a leader of the Firm’s pharma and life science practice, and Sophie Vandergrift, a leader of the Firm’s antitrust in this area, discuss hot antitrust topics in healthcare M&A. They explore how pharmaceutical and biotech combinations are likely to be affected by the Biden/Harris administration’s approach to antitrust. They also discuss the antitrust reform bill recently introduced by Senator Amy Klobuchar.

Early Settlement Offers and Offers of Judgment in Products Liability Cases

In this episode of S&C’s Critical Insights podcast, Bill Monahan, head of the Firm’s Products Liability & Mass Torts Group, and associate Andrew Kaufman discuss two often overlooked, but important tools in defending against consumer fraud claims in products cases: early settlement offers and offers of judgment. Bill and Andrew explore the strategic benefits and challenges of deploying these as risk-shifting litigation defense tactics.

Federal Banking Agencies Propose Required Cyber Incident Notifications

In this episode of S&C’s Critical Insights podcast, Jared Fishman, a partner in S&C’s Financial Services and Capital Markets Groups, and Tony Lewis, special counsel in S&C’s Litigation Group and Cybersecurity practice, discuss a rule proposed by the Federal Reserve, the OCC and the FDIC to address cybersecurity incidents. The proposed rule would require banking organizations to notify their regulator of certain kinds of cybersecurity incidents, and also require bank service providers to notify their banking-organization customers when they experience cybersecurity incidents.

 

Jared and Tony discuss some of the background for this proposal, the new requirements this proposal would impose, and takeaways for organizations that could be affected.

FTC Authority To Obtain Monetary Relief May Be Under Threat

In this episode of S&C’s Critical Insights podcast series, Alex Willscher, deputy managing partner of the Firm’s Criminal Defense and Investigations Group, is joined by Judd Littleton, co-head of the Firm’s Appellate Practice. Alex and Judd discuss a Supreme Court case from this Term, AMG Capital Management, LLC v. FTC, which concerns what the Federal Trade Commission describes as two of its most important and effective enforcement tools—restitution and disgorgement. They cover how the FTC has historically pursued monetary penalties to combat alleged violations of the FTC Act and what the ruling might mean for the agency’s enforcement strategy going forward.

For more information on this topic, read Alex and Judd’s recent expert analysis in Law360, here.

Mixed-use Arena and Stadium District Real Estate Development

In this episode of S&C’s Critical Insights podcast series, Pavan Surapaneni, partner in S&C’s Sports & Entertainment Group and Commercial Real Estate Group, is joined by associate Rich Le Page to discuss investments by professional sports teams in mixed-use arena and stadium district real estate development projects. As a growing number of teams in each of the major professional sports leagues continue to take leading roles in mixed-use projects, Pavan and Rich explore why these projects might be attractive to teams. They also provide key considerations for a team once it decides to get involved in a project and what the future might look like for these projects in general.

Annual Overview of Activism Trends

In this episode of S&C’s Critical Insights podcast series, Melissa Sawyer, co-head of S&C’s Corporate Governance & Activism Practice, and associate Lauren Boehmke provide an overview of U.S. activism trends they expect to persist into 2021. They cover the impact of the COVID-19 pandemic on activism campaigns in the spring of 2020 and look forward to how companies might get back to “business as usual” in the new year. They also discuss the convergence of strategy between activist investors and private equity funds, who are increasingly willing to borrow from each other’s playbooks. Finally, they explore how activists might look to capitalize on the ESP trend that has dominated corporate governance discourse among institutional investors. 
 
Download S&C’s 2020 U.S. Shareholder Activism Review

Our Commitment to Pro Bono Work

An Overview of the Equator Principles 4

In this episode of S&C’s Critical Insights podcast series, Inosi Nyatta, co-head of S&C’s global Project Development & Finance practice, and associate Sarah Mishkin discuss the Equator Principles, one of the most widely adopted environmental, social and governance (ESG) standards in the financial sector. Inosi and Sarah provide an overview of Equator Principles 4, released October 1, 2020.

 

Inosi and Sarah also explore key changes arising under the updated Equator Principles, as the focus on ESG considerations grows. Finally, they discuss how project sponsors and developers might adapt to the updated Equator Principles, as more stringent environmental and social responsibility requirements now apply to a wider range of projects and financing transactions.