The Week at Ropes & Gray: A Tech Acquisition in Chicago; Policy Changes Under the Trump Administration; and Privacy Group of the Year Honors

In The News
January 13, 2017
Weekly highlights of what's happening at Ropes & Gray: 
  • Ropes & Gray advised Chicago-based McNally Capital, LLC in its recent acquisition of Dedicated Computing LLC, a leading provider of highly engineered computing systems for blue-chip industrial customers. McNally Capital is a private investment firm that partners with family offices and high-net-worth investors to make and manage direct private equity investments. The Wall Street Journal covered the transaction on January 11 (subscription required).
  • Law360 has honored Ropes & Gray with a “Privacy Group of the Year” award for the fourth time in six years, acknowledging the firm’s work handling major breach and compliance matters and litigating issues of first impression.
  • Most companies will be publishing their first statements under the U.K. Modern Slavery Act towards the end of the first half of 2017. To help, Ropes & Gray has compiled valuable resources, such as articles, webinars and primary source materials, including the MSA and other anti-human trafficking regulations, to support your compliance efforts.
  • Jane Goldstein, co-head of Ropes & Gray’s mergers & acquisitions practice, was a featured speaker at the Practising Law Institute’s M&A seminar in New York on January 12. Jane joined fellow panelists Hon. Tamika R. Montgomery Reeves of the Delaware Court of Chancery, Lucy Ricca of Stanford Law School and Patricia Vella of Morris, Nichols, Arsht & Tunnell LLP on the “Women in M&A” panel, which discussed issues affecting the participation and retention of women M&A lawyers, as well as steps law firms can take to make a material change and help women overcome barriers in the M&A industry.
  • With Donald Trump's inauguration only one week away, Ropes & Gray continues to cover potential policy changes under the new administration. For example:
    • Tax & benefits partner Loretta Richard spoke with CNNMoney about the tax implications for Secretary of State nominee Rex Tillerson’s Exxon Mobil share sale; government enforcement partner Ryan Rohlfsen commented on anticipated prosecution activity under the Yates Memo in Global Investigations Review; and investment management counsel David Tittsworth participated in an Ignites Exchange webcast as a panelist, discussing the future of the Department of Labor’s fiduciary rule under the incoming administration and other timely topics.
    • This new podcast with partner Colleen Conry and counsel Jeremiah Williams discusses what securities enforcement might look like under a Trump administration. Topics include: a Jeff Sessions-led DOJ; U.S. Attorney Preet Bharara and the Southern District of New York; and the future of the SEC, including Jay Clayton's nomination to chair the agency. You can find the transcript here.
    • And on Thursday, January 12, Ropes & Gray hosted a breakfast briefing on how the regulatory outlook for asset managers has changed dramatically since the election. The morning session featured partner Michael Doherty and counsel David Tittsworth, who shared their perspectives on recent rulemakings and how the SEC’s agenda will be affected going forward.
  • Please visit Ropes & Gray’s Capital Insights website for our latest articles, videos and podcasts about developments in the enforcement, regulatory, anti-corruption, health care, investment management, securities and tax areas, among others, during the presidential transition.