FTC Sues to Stop $8.5MM Acquisition of Capri by Tapestry
The Federal Trade Commission sued to block Tapestry’s $.85 billion acquisition of Capri, a deal that would combine Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand.
The Federal Trade Commission sued to block Tapestry’s $.85 billion acquisition of Capri, a deal that would combine Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand.
The Federal Reserve stated on Wednesday that it will once again maintain the target range for the federal funds rate between 5.25% and 5.5% just as it did in September and November. In addition, as reported by CNN, the Fed is projecting “three quarter-point cuts in 2024.”
Aurora Management Partners and David Baker, a managing director at the firm, were appointed as receiver in the U.S. District Court for the Northern District of Ohio for Davenport Aid Propco, et al.
MRC Global has postponed its current efforts to refinance its term loan B, which matures in September 2024 after Cornell Capital filed a lawsuit against the company in the Delaware Court of Chancery.
Moritt Hock & Hamroff received national recognition in the 2023 “Best Law Firms” rankings by U.S. News & World Report and Best Lawyers.
Winston & Strawn added two partners to the firm’s rapidly growing Miami office: Carl A. Fornaris, who joins the Transactions Department, and Jared R. Kessler, who joins the firm’s Litigation Department.
William Blair expanded its equity capital markets team with the addition of Derek Caracciola, who joined the New York office as a managing director on the company’s private capital markets team.
Tom Cartwright joined Paul Hastings as a partner based in London. Cartwright advises private equity sponsors, sovereign wealth funds and family offices on private equity investments and M&A transactions.
Paul Hastings added a high-profile team specializing in the representation of banks, non-bank financial institutions, fintechs, and other companies providing financial products and services.
Goulston & Storrs, an Am Law 200 firm, has promoted five attorneys to partner. The promotions include Timothy John Carter, Brian W. Dugdale, George W. Evans, III, Philip E. Tedesco, and Megan Watts.