Insights

Washington – January 22, 2024: Richard Holbrook has rejoined Crowell & Moring as a partner in the firm’s Corporate Group, where he brings over 25 years of experience.

San Francisco – August 11, 2021: Crowell & Moring represented BayWa Venture GmbH, the venture capital arm of BayWa AG (BYW:Xetra), in its investment in Amfora, Inc.’s $7 million Series B financing.  Headquartered in Munich, BayWa AG is a globally active group with the core segments of energy, agriculture, and building materials, as well as its development segment of innovation and digitalization. With its significant international expansion in recent years, BayWa AG has become the largest agricultural trader in Germany and one of the leading agricultural commodities trading companies in the world. As a global player, it develops leading projects and solutions for the basic human needs of food, energy, and building.   

Washington, D.C. – October 10, 2016: Crowell & Moring LLP is pleased to announce the addition of Claud v.S. "Lex" Eley to its Washington, D.C. office as a partner in the firm's Corporate Group. He brings more than 25 years of experience handling and advising on mergers and acquisitions, joint ventures, and business transactions on both sides of the Atlantic. He serves public and private strategic investors as well as private equity and venture capital firms and their portfolio companies across an array of industries.

Washington, D.C., April 5, 2016: Crowell & Moring LLP represented GigOptix, Inc. in its acquisition of Magnum Semiconductor, Inc., a privately-held California-based provider of silicon ICs, SoCs, software, and IP for the professional video broadcast and IoT camera markets. GigOptix is a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks. Upon closing on April 5, 2016, GigOptix, Inc. will be renamed GigPeak, Inc. The cash and stock transaction is valued at approximately $54 million net.

Washington, D.C. – January 19, 2016: Crowell & Moring LLP is pleased to announce the publication of its fourth annual "Litigation Forecast 2016: What Corporate Counsel Need to Know in the Coming Year," and its second annual "Regulatory Forecast 2016: What Corporate Counsel Need to Know in the Coming Year."

Washington, D.C., November 24, 2015: Crowell & Moring, LLP represented NRG Yield, Inc. in the acquisition of a 75 percent interest in a portfolio of wind assets from NRG Energy for $210 million in cash plus assumed project debt of $145 million and tax equity of $97 million. The portfolio consists primarily of assets acquired by NRG Energy from Edison Mission in 2014. The assets represent 814MW of generating capacity in Iowa, Minnesota, Nebraska, New Mexico, Oklahoma, Pennsylvania, Texas and Utah.

Washington, D.C. – September 30, 2015: GigOptix, Inc., a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, announced on September 30, 2015 the acquisition of Terasquare, Co. Ltd., a Seoul, Korea-based, fabless semiconductor company and provider of low power, CMOS high speed communication interface semiconductors for 100Gbps Ethernet, Fiber Channel, and EDR Infiniband applications.

Washington, D.C. – August 21, 2015: GigOptix, Inc., a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, announced the pricing of its underwritten public offering of an aggregate of 9,218,000 newly issued shares of common stock at a price of $1.70 per share. GigOptix expects to receive gross proceeds of $15.67 million, before deducting underwriting discounts and other estimated offering expenses. The underwriters have also been granted a 30-day option to purchase up to 1,425,000 shares of common stock to cover over-allotments, if any. In addition, certain officers and directors as selling stockholders sold 282,000 shares of previously issued shares of common stock in the underwritten public offering at a price of $1.70 per share. Subject to customary conditions, the offering is expected to close on August 26, 2015. 

Washington, D.C. – May 19, 2015: Crowell & Moring LLP is pleased to announce that it has secured 64 attorney rankings for 53 individual attorneys in the 2015 Chambers USA: America’s Leading Lawyers for Business guide. The prestigious rankings are driven by independent interviews of clients and members of the legal community at peer firms.

Washington, D.C. – March 9, 2015: Crowell & Moring LLP is pleased to announce the firm's partnership has elected Angela B. Styles, partner and co-chair of the firm's Government Contracts Group, to succeed Kent A. Gardiner as chair of the firm. 

Washington, D.C. – February 11, 2015: Crowell & Moring LLP is pleased to announce the addition of partner Elliot Hinds to the firm's Energy and Corporate groups. Hinds joins the firm from Akin Gump Strauss Hauer & Feld LLP, where he was a member of that firm's Global Project Finance Group.

Washington, D.C. – February 11, 2015: Crowell & Moring LLP is pleased to announce that  San Francisco-based litigation partner Doug Sullivan, corporate partner Murray Indick, and senior counsel Mike Kahn, as well as Washington, D.C.-based partner and  Government Contracts Group co-chair, Dan Forman, have been named to BTI Consulting Group's list of 2015 "Client Service All-Stars." The BTI list recognizes attorneys for their superior client focus, innovative thought leadership, unmatched business understanding, legal skills, outsized value, and outstanding results delivered to clients, according to a survey of general counsel conducted by BTI. This is the third consecutive year that Sullivan and Kahn have been named to the All-Stars list, as well as the second consecutive year that they have been named to the "Client Service All-Star MVP" list.

Washington, D.C. – January 13, 2015: Crowell & Moring LLP is pleased to announce the publication of its third annual "Litigation Forecast: What Corporate Counsel Need to Know in the Coming Year," and the introduction of its first-ever "Regulatory Forecast 2015: What Corporate Counsel Need to Know in the Coming Year."

Washington, D.C. – January 2, 2015: Crowell & Moring LLP is pleased to announce that it has elected six attorneys to the firm's partnership effective January 1, 2015. The firm has also promoted eight associates to the position of counsel. The new partners and counsel have been promoted from within the ranks of the firm's Washington, D.C., Brussels, New York, Orange County, and San Francisco offices.

Washington, D.C. – November 4, 2014: Crowell & Moring, LLP represented client NRG Yield, Inc. in the negotiation of a definitive agreement to acquire the following assets from NRG Energy: Walnut Creek, Tapestry and Laredo Ridge for $480 million in total cash consideration, plus assumed project debt of $746 million excluding adjustments for working capital at close. The sale is subject to certain third party approvals and is expected to close this quarter. These assets will augment NRG Yield's portfolio with an additional 211 MW of wind generation and 500 MW of natural gas generation.

Washington, D.C. – October 27, 2014: Crowell & Moring, LLP is representing Integrated BioTherapeutics, Inc. (IBT), a biotechnology company focused on the discovery of novel vaccines and therapeutics for emerging infectious diseases, as it enters into an exclusive agreement with Chembio Diagnostics, Inc., a leader in point-of-care (POC) diagnostic tests for infectious diseases. Under the terms of the agreement, Chembio will combine its patented DPP technology with IBT's proprietary Ebola reagents to develop POC diagnostic tests for Ebola and febrile illness. Chembio will have exclusive rights to any POC product developed through this agreement. Financial terms of the agreement were not disclosed.

Washington, D.C. - June 25, 2014: Crowell & Moring LLP is representing Gulf Tubing Company, a Saudi company, as it enters into a binding exclusive memorandum of understanding (MOU) with international firms Larsen & Toubro Limited in India, SMS Meer GmbH in Germany, and Vitkovice Heavy Machinery in the Czech Republic, to develop and build a first of its kind US$1 billion seamless tube manufacturing plant in Ras Alkhair, Saudi Arabia. The new plant will be the first in the Middle East to produce seamless pipes with diameters of 19 millimeters to 137 millimeters. The pipes will be used for industrial and construction equipment, including drill pipes, oil and gas well covers, pipeline steam boilers, heat exchangers, and petroleum furnaces, construction pipelines, mechanical equipment, and small pipelines. Alinma Investments, a leading Saudi investment bank, is acting as the lead financial advisor for the project. The project was announced on June 15, 2014, with construction expected to begin in 2015 and completion scheduled for the summer of 2017.