Insights

Becklar, a BV Investment Partners Portfolio Company, Announces Investment from Graham Partners

Choate represented BV Investment Partners and its portfolio company, Becklar, in Becklar's investment from Graham Partners.

Update Memo: Court Issues Nationwide Injunction Against the CTA, and DOJ Appeals

On Tuesday, December 3, 2024, a U.S. District Court in Texas issued a nationwide order enjoining enforcement of the Corporate Transparency Act (“CTA”) and setting aside the filing deadline. Immediately following on Friday, December 6, the U.S. Department of Justice (“DOJ”) filed an appeal to the Fifth Circuit Court of Appeals.

Sophie Wang and Bryana McGillycuddy Named 2024 Rising IP Stars

Managing IP has recognized Sophie F. Wang and Bryana T. McGillycuddy as 2024 Rising IP Stars.

Choate Represents Pulmokine in its Acquisition by XOMA Royalty

Choate represented Pulmokine, Inc. in its sale to XOMA Royalty Corporation, a leading biotechnology royalty aggregator. Pulmokine is the owner of seralutnib, a Phase 3 asset being studied for its uses in pulmonary arterial hypertension.

Mission Cloud Services, a Great Hill Partners Portfolio Company, Acquired by CDW

Choate represented Great Hill Partners and its portfolio company, Mission Cloud Services Inc., in the sale of Mission to CDW (NASDAQ: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada.

Federal Court Strikes U.S. Department of Labor Rule Implementing Higher FLSA Exemption Thresholds

A federal court in Texas recently struck down the United States Department of Labor (DOL)’s rule that raised the threshold salary requirements for the white-collar overtime exemptions.

Adam Bookbinder to Moderate Panel on International Cybercrime at BBA Privacy, Cybersecurity and Digital Law Conference

Adam Bookbinder will moderate the panel, "International Cybercrime: What to be alert for in 2025," at the Boston Bar Association (BBA) Privacy, Cybersecurity and Digital Law Conference on Thursday, December 5, 2024 at 1:00 p.m.

Choate Represents Empyrean Solutions in Significant Investment from Hg

Choate represented Empyrean Solutions, a leading provider of risk and performance management software for financial institutions, in a significant strategic investment from Hg, a leading investor in European and North American software businesses.

Choate Represents Initial Purchasers in $100M Private Placement by Eversource

Choate represented the initial purchasers in connection with a private placement offering of First Mortgage Bonds, 5.17% due 2034 by Eversource Gas Company of Massachusetts doing business as Eversource Energy, in the aggregate principal amount of $100M.