Insights

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.

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.

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 Attorneys Named 2024 Top Lawyers by Boston Magazine

Six Choate attorneys are named 2024 Top Lawyers by Boston Magazine’s annual listing, including Kevin Finnerty and J.P. Jaillet in Insurance, Douglas Gooding and Jonathan Marshall in Bankruptcy & Workout, Christine Savage in Healthcare Law, and Lyndsey Kruzer in Labor & Employment.

31 Choate Attorneys Named to Massachusetts Supreme Judicial Court 2023 Pro Bono Honor Roll

31 Choate attorneys have been recognized by the Massachusetts Supreme Judicial Court’s Pro Bono Honor Roll for distinguished service by providing volunteer legal services for those most in need.

Choate Represents Guidepost Growth Equity in £42M Investment in Kaizen Regtech Group

Choate represented Guidepost Growth Equity in its £42 million growth equity investment in Kaizen Regtech Group Limited, a company that offers a range of services for financial institutions in connection with regulatory reporting, managing shareholder disclosure, trade surveillance, and research management.

Final Form of New HSR Rules Will Substantially Increase Time and Cost of Premerger Filings

The Federal Trade Commission (FTC) has published the final Rules that will govern Hart-Scott-Rodino (HSR) filings starting early next year. The new HSR Rules will go into effect ninety days after they are published in the Federal Register.

Choate Receives 2024 Private Equity Transactions Law Firm of the Year Award

Choate has been recognized by Private Equity Wire as the 2024 U.S. "Law Firm of the Year: Transactions." Award recipients are chosen by members of the private equity industry itself, marking recognition and respect among peers, advisors, and counterparties.