Dechert LLP

As AI advances, data centers are increasingly becoming a more important commercial real estate asset type. In this episode of Dechert 4 Real, hosts Jonathan Gaynor, Ella Marie Smith and Sam Gilbert sit down with Dechert partner Justin Gdula to discuss the growth of deals in this space, as well as trends in real estate M&A activity and Canadian CMBS. Plus, get insights from Dechert partner Edward J. L. Southgate on how the upcoming U.S. presidential election could shake up commercial real estate finance, hear about the hosts' adventures at "The Most Magical Place on Earth" and enjoy a flurry of dad jokes. Listen now: https://lnkd.in/d7ngWugh

Congratulations to our client, Toorak Capital Partners LLC (Toorak), a leading capital provider to the private real estate lending industry on the successful closing of Toorak Mortgage Trust 2024-2 (TRK 2024-2). This is Toorak’s first residential transition loan (RTL) securitization backed solely by small balance multifamily and mixed-use properties, an unrated US$166 million deal. The Dechert team advising Toorak included global finance partners Linda Ann Bartosch and Ralph R. Mazzeo, along with associates Matthew Haas, Turner Smith and Tianna Larson; and tax special counsel Steven Kolias. Learn more here: https://lnkd.in/eFca7yMj

How will the 2024 U.S. presidential election reshape the operating landscape for businesses? Read about anticipated policy and regulatory shifts a future Trump or Harris administration may make and the associated implications across the private equity, private credit, real estate, technology, private client and life sciences sectors. Learn more here: https://lnkd.in/eWhQRpiG

We appreciate everyone who joined us in Munich for the Kisaco Research Life Sciences Strategy Summit on IP & Exclusivity. Dechert partner Katherine A. Helm spoke on the Life Science Keynote Panel: Determining the Importance of IP and Regulatory Exclusivities for the Life Sciences Industry. The event brought together leading pharmaceutical and biotech professionals for three days of practical discussions on protecting pharmaceutical drugs through patent and regulatory exclusivities.

In pharmaceutical M&A, understanding merger control and antitrust issues is essential. In this sixth edition of the video series discussing our book Pharmaceutical Antitrust – An Analysis of US and EU Law, Rani Habash, Alec Burnside and George Gordon explore the increasingly intrusive nature of merger control in the pharmaceutical and healthcare sectors, both in terms of jurisdiction and substance. This conversation covers how the EU Court recently overturned the approach to killer acquisitions in the Illumina-Grail case and the trend of scrutinizing earlier stages of R&D in mergers, the differences in transaction reviews between the U.S. and Europe and the new theories of effects impacting deals. For more information, visit: https://lnkd.in/e8Nu4fZ4 or read our OnPoint on the Illumina Grail case: https://lnkd.in/eNpKTBkb

Congratulations to Dechert global managing partner Vincent H. Cohen, Jr. who has been honored with the Washington Bar Association’s Ollie May Cooper award. This recognition is bestowed on lawyers who demonstrate outstanding service, leadership and efforts to enhance the image of the legal community at large. Learn more here: https://lnkd.in/ek8pgYWX

Happy third anniversary to Dechert’s global Cyber Bits team, who continue to skillfully provide the very latest developments and practical takeaways in cyber, privacy and AI developments. Check out the latest edition of Dechert Cyber Bits here: https://lnkd.in/dQz9XpWD

Want to learn key insights on the latest industry developments in commercial real estate finance and lending? Join us on November 20 for Commercial Observer's Fall Financing Forum, where global finance partner Ella Marie Smith will take part in a panel discussion on strategies for new investment opportunities amid market distress. Register here: https://lnkd.in/eTyuQA8f

Congratulations to our ad hoc committee clients on the successful restructuring of the US$200 million 7.99% senior notes issued by Knight Castle Investments Limited and guaranteed by Shandong Sanxing Group Company Ltd. The cross-practice and cross-border team was led by Asia restructuring head Daniel Margulies with counsels Dirk Behnsen and Yang Zhao. https://lnkd.in/ee8N66wf

The private credit industry has seen remarkable growth in recent years, reaching a nearly $2 trillion market in 2024. But what are the key factors driving this evolution? In the latest edition of Dechert’s THE CRED Convos, Grishma Parekh, Co-Head of North American Core Senior Lending at HPS, delves into what makes private credit increasingly appealing to investors and lenders. She discusses how the industry has adapted to meet market demands, its expanding range of applications and the growth we can anticipate within the next decade. More from THE CRED: https://lnkd.in/eqQbp8_A