OLNS#2 – Convertible Loans for Tech Companies
| September.10.2019
Due to their flexibility and reduced complexity compared to fully-fledged equity financings, convertible loans are an important part of a startup's ...
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Transactions
Businesses worldwide call on our teams to deliver practical commercial advice. We bring a particular focus on legal innovation in the Technology, Energy & Infrastructure and Finance sectors.
Insights
25 Key Lessons Learned From M&A Transactions
by Richard Smith | September.09.2019
Orrick’s Richard Vernon Smith co-authored an article in Forbes that provides a number of key lessons learned from M&A transactions involving the sale ...
Carbon Capture Sequestration – Orrick Responds to the IRS Request for Comments
by Peter Connors, Michael J. Masri, Robert F. Lawrence and Sue Cowell | August.15.2019
On May 2, 2019, the Internal Revenue Service released Notice 2019-32 which requested comments for Carbon Oxide Sequestration Section 45Q of the ...
Orrick Releases Report Card on Compliance with New California Law Requiring Female Directors on Public Company Boards
by Ed Batts and Sara Gates | August.13.2019
A new Orrick study provides a report card on the readiness of the largest public companies in California to comply with a new state law requiring ...
17 Mistakes Startups Make with Their Investor Pitch Deck
by Don Keller | July.29.2019
Orrick’s Technology and Life Sciences Sector Leader Don Keller co-authored an article in Forbes with Orrick alum Richard Harroch.
Amendment to Japanese Foreign Exchange and Foreign Trade Act Regulations Expands Scope of "Restricted Businesses" to Include Some Information and Communications Technology Businesses
by Hiroki Sugita, Sakon Kuramoto and Benjamin Miller | July.18.2019
This client alert provides an outline of the FEFTA and explains the effect of the amended regulations on future foreign direct investments in ...
Legislation Relating to Public Finance Enacted by the 86th Texas Legislature (Regular Session)
by Rick Witte, James Hernandez, Jerry V. Kyle Jr. and Taylor Raymond | June.25.2019
This document briefly summarizes a select list of legislation relating to public finance enacted by the 86th Legislature (Regular Session) that ...
ISDA Publishes Additional IBOR Consultations
by Nikiforos Mathews | June.24.2019
On May 16, the International Swaps and Derivatives Association, Inc. (“ISDA”) published two consultations in connection with the potential ...
Observations on Atlassian’s Proposed Model Term Sheet
by Ed Batts, Matthew Gemello, Mark Seneca and Richard Smith | June.20.2019
Atlassian shared the LOI with the market in an effort to eliminate time-and-expense of negotiating issues that, based on its experience and research, ...
New California Debt Financing Guide for Public Agencies
by Stephen Spitz | June.13.2019
The California Debt and Investment Advisory Commission, in partnership with Orrick's Public Finance Group, published its California Debt Financing ...
Carbon Capture and Sequestration: Incentives Update
by Robert F. Lawrence, Peter Connors and Sue Cowell | June.13.2019
Carbon capture and sequestration ("CCS") is a leading option for reducing greenhouse gas emissions. Until recently, CCS has been cost-prohibitive in ...
OLNS #1 – Venture Debt for Tech Companies
| May.27.2019
Venture Debt is a potentially attractive complement to equity financings for business startups that already have strong investors on board.
8 Mistakes First Time Founders Make When Starting a Business
by Mitchell Zuklie | May.17.2019
Orrick’s Chairman Mitch Zuklie authored an article in Entrepreneur discussing the common mistakes first-time founders make.
New IRS Ruling on Port and Airport Leases
by Charles C. Cardall | May.09.2019
In a private letter ruling (PLR 201918008) publicly released earlier this week, the IRS addressed the statutory safe harbor relating to the allowable ...
New Offshore Economic Substance Rules Could Spell Significant Concern for PE Funds and Bermuda/Cayman/BVI-Based Structures
by Peter Connors | April.29.2019
In response to increasing pressure from international organizations such as the EU and OECD, many offshore jurisdictions, including the Cayman ...
Grindr and PatientsLikeMe Outcomes Show Non-Cleared Transactions' Exposure to CFIUS Scrutiny, Especially When PII Is Involved
by Harry Clark, Betty L. Louie, Jeff Zhang and Xiang Wang | April.23.2019
In the last three weeks, the Committee for Foreign Investment in the United States (CFIUS) has reportedly informed two Chinese companies that they ...
Brexit: Law Decree Approved Bearing Urgent Measures To Guarantee Financial Stability And Market Integrity
by Alessandro De Nicola | April.09.2019
On 20 March 2019, the Italian Council of Ministers approved a legislative decree introducing urgent measures to guarantee financial stability and ...
Client Results
Orrick Advises Let’s Do This on $5 Million Seed Round with Investment by NFX, Serena Williams and Usain Bolt
| September.11.2019
Orrick has advised Let’s Do This, the largest marketplace for endurance events in the world, on its $5 million seed financing round, which was led by ...
Orrick Advises Shopify in $450 Million Acquisition of 6 River Systems
| September.09.2019
Orrick advised Shopify Inc., the leading cloud-based, multi-channel commerce platform, in its proposed acquisition of 6 River Systems. Shopify will ...
Orrick Advises on Launch of First Hong Kong OFC
| August.29.2019
Orrick has advised Pacific Hawk Ltd., a Hong Kong-based fund manager, on the establishment of the first open-ended fund company in Hong Kong.
Orrick Advises ThoughtSpot on $248 Million Series E
| August.29.2019
Orrick has advised data analytics startup ThoughtSpot on its $248 million Series E funding round.
Orrick Advises Bayer on Acquisition of BlueRock Therapeutics
| August.08.2019
Orrick has advised Bayer on its acquisition of biotech company BlueRock Therapeutics. With Bayer currently holding a 40.8% stake, the investment ...
Orrick Advises Beyond Meat on $598 Million Follow-On Offering
| August.05.2019
Orrick has advised Beyond Meat on a $598 million follow-on offering of 3,737,500 shares of common stock at $160 per share, just 90 days after the ...
Orrick Advises Kinnevik and Vostok on Babylon’s Record $500 Million Fund Raise
| August.02.2019
Orrick has advised Kinnevik and Vostok New Ventures on digital health startup Babylon’s Series C investment round, which will raise up to $500 ...
Orrick Advises Aptean on Recommended Offer for Sanderson
| August.01.2019
Orrick is representing Aptean in connection with its announced recommended cash offer to acquire share capital of Sanderson Group.
Orrick Advises on Azito Power Plant Expansion Project
| July.31.2019
An Orrick London team advised Azito Energie and its joint venture shareholders on the Phase 4 expansion project of the Azito gas-fired power project.
Orrick Advises Veolia on $1.25 Billion Sale of its U.S. District Energy Assets to Antin
| July.31.2019
Orrick has advised Veolia on the $1.25 billion sale of its U.S. district energy assets to private equity firm Antin Infrastructure Partners.
News
Orrick Hires Rising Star Private Equity Focused Partner Justin Yi in Santa Monica
| September.05.2019
Orrick announced today that private equity M&A partner Justin Yi has joined the firm’s rapidly growing Santa Monica office. His addition follows the ...
Recorder Recognizes Orrick as California Leader in Tech Law and Innovation, and Honors John Bautista and Lynne Hermle
| September.12.2019
Orrick is named a Tech Litigation Department of the Year and an Emerging Company Law Firm of the Year finalist by The Recorder as part of its ...
Orrick Ranks Top 3 for Venture Capital for Q219
| August.20.2019
Orrick is again the #3 venture capital law firm based on Pitchbook’s second quarter 2019 report. This is the firm’s eighth consecutive quarter in the ...
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