Weekly highlights of what’s happening at Ropes & Gray:
- With the election of Donald J. Trump, the U.S. regulatory landscape is likely to face significant—even historic—change. To help companies effectively prepare and plan, Ropes & Gray developed Capital Insights, a hub for our latest legal perspectives on the many regulatory developments expected when the new administration assumes leadership. The site’s timely and comprehensive content—including articles, webinars, videos and podcasts on topics including FDA regulation, health care, investment management and tax—helps our clients identify and stay ahead of industry trends, changes in the law and potential issues impacting their businesses. For starters:
- The 21st Century Cures Act, signed into law this week, is set to make numerous changes to laws governing FDA programs, clinical research regulations, and Medicare coverage and reimbursement rules in the name of advancing biomedical innovation. Ropes & Gray attorneys thoroughly analyze key aspects of the Act in a series of articles focused on provisions relating to the promotion of drug development, development incentives for certain classes of drugs, medical device innovation, digital health, regulation of clinical research, and reimbursement and fraud and abuse.
- Partners in the firm’s FDA regulatory practice also recorded a podcast discussing some key implications of the Act for biopharmaceutical and medical device manufacturers. The podcast is the first in a series from Capital Insights, so stay tuned for additional episodes in the coming weeks.
- Ropes & Gray steered two deals this week for Bain Capital; in the first, a Hong Kong-led deal team advised Bain in its acquisition of Camp Australia, a leading provider of before- and after-school care programs in Australia, which marked the latest addition to the private equity firm’s education portfolio. In the second, Bain agreed to acquire Innocor, a leading designer and manufacturer of advanced foam products used in mattresses, pillows and mattress toppers.
- Finally, two Ropes & Gray partners were recognized among an “elite slate of attorneys” chosen as Law360 2016 MVPs. For a remarkable fifth straight year, privacy & data security partner Douglas Meal was named a “Privacy MVP” for his work advising major companies like Target, Neiman Marcus, The Home Depot, and Wyndham Hotels on some of the most highly publicized data security breaches in recent years. And business restructuring partner Gregg Galardi was named a “Bankruptcy MVP” for his key role in Ropes & Gray’s representation of Gawker Media in Chapter 11 proceedings, among other significant bankruptcy and restructuring matters.
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