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Public Comments Welcome on Draft Policy Statement on Licensing Negotiations and Remedies for Standards-Essential Patents Subject to F/RAND Commitments

The Department of Justice announced that it is requesting public comment on a new draft policy statement concerning standards-essential patents (SEPs) that seeks to promote good-faith licensing negotiations and addresses the scope of remedies available to patent owners that have agreed to license their essential technologies on reasonable and non-discriminatory or fair, reasonable, and non-discriminatory (F/RAND) terms.

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Clifford Chance advises Informa on asset intelligence business sale to Aurora-backed Randall-Reilly

Clifford Chance has advised long-standing client Informa PLC on the sale of its asset intelligence business to Randall-Reilly, LLC, which is backed by private equity firm Aurora Capital Partners. Terms of the transaction were not disclosed.

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Akin Gump Advises Barclays in $230 Million Capitalworks SPAC IPO

Capitalworks Emerging Markets Acquisition Corp, a Cayman Islands special purpose acquisition company, consummated its $230 million initial public offering on December 3, 2021. A team from Akin Gump represented Barclays Capital Inc., the sole book-running manager for the offering, in the IPO.

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Baker Botts Represents Valero Energy Corporation in $1.45 Billion Senior Notes Offering and Concurrent Cash Tender Offers

Valero Energy Corporation (NYSE: VLO) (“Valero”) announced the pricing of its public offering (the “Offering”) of $500,000,000 aggregate principal amount of its 2.800% Senior Notes due 2031 and $950,000,000 aggregate principal amount of its 3.650% Senior Notes due 2051. The Offering closed on November 29, 2021.

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Shant Chalian has joined Day Pitney in the firm's Investment Management and Private Funds practice

Shant H. Chalian has joined Day Pitney LLP as counsel in the firm's Investment Management and Private Funds practice, resident in its Stamford office. He joins the firm from Robinson + Cole.

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$120 Million in Growth Capital Raised by Battle Motors to Increase Production

Battle Motors, dba Crane Carrier Company (CCC), has completed a $120 million raise lead by a cornerstone global institutional investor.

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American Renal Associates Agrees to Pay $2 million Civil Penalty

SEC Charges Dialysis Provider and Three Former Senior Executives with Revenue Manipulation Scheme

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Arthur J. Gallagher to Pay $40,000 to Settle Religious and Disability Discrimination Lawsuit

Company Fired Employee Who Fasted for Lent and Was Regarded as Having a Disability, Federal Agency Charged

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