Legal Desire Media and Insights https://legaldesire.com/ Latest Legal Industry News and Insights Wed, 25 Dec 2024 01:12:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://legaldesire.com/wp-content/uploads/2018/11/cropped-cropped-cropped-favicon-1-32x32.jpg Legal Desire Media and Insights https://legaldesire.com/ 32 32 The Different Types of Experts Who Can Help in Your PI Claim https://legaldesire.com/the-different-types-of-experts-who-can-help-in-your-pi-claim/ Wed, 25 Dec 2024 01:12:15 +0000 https://legaldesire.com/?p=85929 Getting the right experts on your side can make all the difference in proving your case and getting fair compensation when you file a personal injury (PI) claim. Often, personal injury claims need medical or technical evidence that the average person can’t provide. Experts use their specialized knowledge to help make important parts of the […]

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Getting the right experts on your side can make all the difference in proving your case and getting fair compensation when you file a personal injury (PI) claim. Often, personal injury claims need medical or technical evidence that the average person can’t provide. Experts use their specialized knowledge to help make important parts of the case clearer, like figuring out what caused the accident or how much money was lost.

To achieve the best possible outcome, experienced personal injury lawyers often work with different kinds of experts. These professionals can strengthen your case by providing credible evidence and expert assessments.

Here are some of the most important types of experts that help with personal injury claims.

1. Medical Experts

Medical experts are very important in any personal accident case. They explain what kind of injuries you have, how bad they are, and what kind of care you need. Some examples of these experts are:

  • Treating physicians who give you information about your present health condition.
  • Specialists who determine how your injuries will affect you in the long run.
  • Rehabilitation experts who explain why ongoing medical care or therapy is important.

2. Accident Reconstruction Experts

Accident reconstruction experts can help you figure out what happened in an accident. With the help of computer models, crash data, and scientific research, they recreate the events that happened before the accident. They can:

  • Analyze how fast cars are going, the impact forces, and how the road is.
  • Explain how the accident hurt you.
  • Decide who is at fault when different people have different versions of what happened.

3. Economic Experts

Economic experts calculate how much your injuries will cost you. As part of their estimates when calculating your monetary losses, they include: 

  • Past and future medical bills.
  • Lost income and reduced capacity to make money.
  • The costs of long-term care, such as rehab, surgeries, or medications.

4. Life Care Planners

Life care planners focus on how major injuries will affect people for a long time. They assess what kind of medical and personal care a person will need for the rest of their life. A life care planner can: 

  • Estimate the costs of long-term care, medical equipment, and assistance.
  • Talk about how the accident will affect your daily life.
  • Give insights into a person’s overall life expectancy and disability status.

5. Vocational Rehabilitation Experts

If your injuries keep you from returning to your old job, vocational rehabilitation experts can evaluate how much work you can do. They look at: 

  • Your ability to do certain kinds of work after getting hurt.
  • Limitations on the person’s mind or body caused by the accident.
  • How much money you could make after your accidents.

6. Mental Health Experts

Mental health experts address how an accident can affect a person’s emotional and psychological health. They provide evidence regarding: 

  • Emotional distress, such as anxiety or depression.
  • Loss of enjoyment in life because of limitations caused by the injuries.
  • The pain and suffering that comes from the trauma.

7. Manufacturing Experts

When there are problems with goods, manufacturing experts are very important. They find the flaws, defects, or failures in the design that caused the injury. These experts can: 

  • Check to see if a product was made properly.
  • Determine if the product meets the standards of the industry.
  • Testify how the defect directly caused the accident.

8. Highway Safety Experts

Highway safety experts analyze the conditions of the roads and safety standards in car accidents. They can: 

  • Investigate whether the accident was caused by bad road planning.
  • Assess the lighting, signage, and other safety features to determine if they contributed to the accident.
  • Describe how these conditions impacted the incident.

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How to Plan for Incapacity – Powers of Attorney and Health Care Directives Explained https://legaldesire.com/how-to-plan-for-incapacity-powers-of-attorney-and-health-care-directives-explained/ Mon, 23 Dec 2024 14:26:19 +0000 https://legaldesire.com/?p=85927 If you become incapacitated, is there someone you trust to make significant medical decisions? If you do, it’s imperative to create legal documents that empower that person to act. It’s also essential to have a legally binding health care directive in place. Without these two crucial elements, loved ones could feel compelled to step in […]

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If you become incapacitated, is there someone you trust to make significant medical decisions? If you do, it’s imperative to create legal documents that empower that person to act. It’s also essential to have a legally binding health care directive in place. Without these two crucial elements, loved ones could feel compelled to step in and advocate for extreme measures. Making blind decisions can leave a lasting toll on the people you love.

Rather than allow the state to intervene and impose its values or burden a family member, powers of attorney and health care directives provide solutions. These documents articulate your wishes should you become incapacitated. At Brodeur Law, we work diligently to ensure our community members understand the value of powers of attorney and health care directives and put them in place.

What is a Power of Attorney?

A power of attorney is typically crafted with an attorney to transfer the decision-making abilities to a trusted individual. The legal document comes into play when you can no longer make clear, concise decisions. For example, if a loved one struggles with a condition such as Alzheimer’s, it’s prudent to have a power of attorney that designates someone to handle their affairs. These usually include the following.

  • Manage Personal Finances
  • Liquidate Assets to Raise Money
  • Conduct Business On Your Behalf

It’s important to keep in mind that you can decide the scope of a power of attorney. Some people give the “Agent” broad authority. In these cases, the “Principal” party prefers one person to handle wide-reaching issues. A durable power of attorney allows the agent to manage financial affairs after you become incapacitated.

What is a Health Care Directive?

Sometimes called an advanced declaration, a health care directive outlines precisely how you want to be treated if you can no longer advocate for yourself. Some people think of this legal document as something that only applies to aging community members and those with debilitating conditions. The reality is that people involved in hard-impact falls and car wrecks may be rendered unable to make health treatment decisions. Do not resuscitate orders (DNR) rank among the most common and well-known. These are items a health care directive typically addresses.

  • Use of Extreme Resuscitation Measures
  • Organ Donation and Specific Procedures
  • Long-Term Health Care Facility Placement

In terms of estate and personal long-term planning, the question is not whether to have a law firm help you create a power of attorney or a health care directive. That’s because people need both to eliminate the stress and uncertainty loved ones experience without documented guidance.

How to Plan for Incapacity

Unless you work with a legal professional to craft documents that carry the force of law, your loved ones will likely be tasked with petitioning the courts. Physicians, financial institutions, and others cannot allow family members to make treatment decisions, write checks, or pay bills without legal consent.

Planning for possible incapacity calls for carefully selecting the right person to fulfill their obligations, outlined in a power of attorney and health care directive. Consider these key qualities: 

  • Trustworthiness: Ask yourself whether a person with power of attorney can be completely trusted with your bank accounts, business, and real estate properties. Would they treat financial matters without furthering their own interests?
  • Personal Resolve: Following a health care directive can prove challenging. Ask yourself whether the person you enlist will tell doctors you have a DNR when the time comes.
  • Availability: Choosing someone who lives in the general area is imperative. Whether they need to make quick healthcare decisions on your behalf or manage finances, location matters.
  • Communication Skills: The ability to clearly articulate your wishes to doctors, business professionals, and health care providers plays a key role. Good communication skills are essential for an agent or healthcare proxy to further your interests.

Just as no two people are exactly alike, your power of attorney and health care directive will also be different. Take some time to consider your stance on medical treatments, DNRs, and long-term care facilities. Review your financial portfolio and form general opinions about how you want your resources managed. Schedule a consultation with an estate planning attorney to discuss turning your wishes into legal documents that would be triggered if you became incapacitated.

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5 Legal Documentation Checklists Every Lawyer Needs https://legaldesire.com/5-legal-documentation-checklists-every-lawyer-needs/ Sun, 22 Dec 2024 14:03:22 +0000 https://legaldesire.com/?p=85925 Running a law practice is about more than giving legal advice. Your success often depends on how well-prepared and organized your documents are.  The stakes are high – a missed clause, an oversight in a contract, or outdated compliance paperwork can lead to legal disputes, reputational damage, or lost revenue. That’s why you need tools […]

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Running a law practice is about more than giving legal advice. Your success often depends on how well-prepared and organized your documents are. 

The stakes are high – a missed clause, an oversight in a contract, or outdated compliance paperwork can lead to legal disputes, reputational damage, or lost revenue. That’s why you need tools and processes in place to minimize risks and protect yourself, your clients, and your business. 

Every lawyer should have legal documentation checklists to make their practice operate smoothly and avoid costly mistakes. 

1. Make Your Team Aware of Why Legal Documentation Is So Important 

Whether you’re negotiating contracts, onboarding new employees, or advising clients on data privacy laws, having clear and well-drafted documents isn’t just useful – it’s mandatory. 

Your paperwork reflects your competence, impacts your case outcomes, and establishes your credibility with clients. 

But keeping track of every document isn’t easy. That’s why creating thorough, organized checklists is one of the smartest ways to simplify your workflow. 

So, the first thing is to make a checklist for your team to read over and understand why they need them and how to set them up and do everything properly while being organized.

2. Client Contracts Checklist 

These legal agreements protect your clients, your business, and your reputation. But they have to be precise – one poorly worded clause could cause serious problems down the road. 

Pro tip: Type your documents and have them edited professionally. Then, you can convert Word to PDF for free using a tool like Canva. 

Your client contracts checklist should include the following steps and documents:

  • Clear Identification of Parties: Ensure all parties’ names and roles are explicitly mentioned. Use legal names, not nicknames or business aliases.
  • Scope of Work: Define exactly what services are being provided. Avoid vague terms like “to be determined later.” Clarity here prevents disputes.
  • Payment Terms: Specify payment schedules, amounts, methods, and penalties for late payments if applicable.
  • Term Length and Termination Clauses: Cover how long the agreement will last and under what conditions parties can terminate it.
  • Dispute Resolution: Be clear about what happens if things go south – a mediation clause or arbitration terms can go a long way. 

3. Checklist for New Hires 

New-hire documentation is non-negotiable if you’re building a team within your legal practice. Here’s what you should include:

  • Offer Letter Templates: Clearly lay out job title, compensation, benefits, and termination terms.
  • Employment Agreements: Include non-compete clauses, NDAs, and detailed role-specific guidelines for their legal career at your practice.
  • Tax Forms: Collect and file all the necessary IRS paperwork (W-4s, I-9s, etc.).
  • Employee Handbook or Policies: Provide a reference for workplace rules, compliance standards, and other company policies.
  • Work Authorization Documents (if applicable): Ensure you legally employ candidates who meet eligibility requirements.

4. Intellectual Property (IP) Documentation 

IP disputes are expensive and messy – you don’t want to be unprepared. This checklist will help you put the right safeguards in place. 

Here’s what every IP checklist should feature:

  • Ownership Agreements: Clearly define who owns what, whether it’s trademarks, copyrights, patents, or trade secrets.
  • Licensing Agreements: Draft terms that dictate how and under what conditions IP may be licensed or used by third parties.
  • Non-Disclosure Agreements (NDAs): Protect client-sensitive information, especially when working with consultants or vendors.
  • Patent Applications or Renewals (if applicable): Provides timely filings and renewals of any patents.
  • Records of Transfers or Assignments: Maintain thorough documentation of ownership changes for any IP assets.

5. Compliance Checklist for Data Protection & Privacy 

Data breaches or mishandling could bring on fines or lawsuits. Your data protection checklist should include:

  • Privacy Policy Templates: All your clients – and your firm – should have legally compliant privacy policies in place.
  • Terms of Service (for websites or applications): Define rules and usage policies.
  • Consent Agreements: Document how and when consent is being obtained from individuals for data use.
  • Compliance Audits: Regularly review whether your files and digital platforms adhere to HIPAA, GDPR, CCPA, or other relevant regulations.
  • Cybersecurity Safeguards: Make sure you implement password-protected devices, encrypted files, and access controls to keep data protected.

Never Underestimate the Power of Proactive Documentation 

Effective legal documentation is a fundamental pillar of any successful legal practice. Creating and adhering to detailed checklists for every aspect of your workflow can reduce risks, streamline processes, and maintain professional credibility. 

Proactive documentation protects your practice and offers peace of mind to you and your clients. Take these checklists seriously, encourage your team to do the same, and you’ll position your practice for long-term success. Organization and preparation are reliable assets in a field where the stakes couldn’t be higher.

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How Emerging Technologies Are Shaping Modern Law Practices https://legaldesire.com/how-emerging-technologies-are-shaping-modern-law-practices/ Sat, 21 Dec 2024 01:27:50 +0000 https://legaldesire.com/?p=85921 Technology transforms every industry, and the legal field is no exception. Innovations such as predictive analytics, artificial intelligence, and business intelligence tools significantly enhance law firms’ operations and services.  Lawyers now harness these technologies to streamline processes, improve accuracy, and better serve clients. For instance, AI can analyze vast amounts of data quickly, uncovering insights […]

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Technology transforms every industry, and the legal field is no exception. Innovations such as predictive analytics, artificial intelligence, and business intelligence tools significantly enhance law firms’ operations and services. 

Lawyers now harness these technologies to streamline processes, improve accuracy, and better serve clients. For instance, AI can analyze vast amounts of data quickly, uncovering insights that inform case strategies.

Professional development also flourishes alongside these technological advancements. Legal professionals have access to online courses that empower them with new skills essential for thriving in tech-driven environments.

Read along to discover how these changes reshape modern law practices while opening doors for growth within the profession.

Predictive Analytics in Legal Practice

Predictive analytics revolutionizes how law firms approach case management and strategy. These tools forecast potential outcomes for various legal scenarios by analyzing historical data. 

For example, predictive models can estimate the likelihood of winning a case based on factors like judge behavior and past rulings. This insight enables lawyers to craft more effective strategies, ultimately improving client outcomes.

Additionally, firms can allocate resources more efficiently by understanding which cases may require additional attention or effort. Ultimately, the ability to make informed decisions enhances the firm’s success and builds trust with clients seeking reliable representation.

Artificial Intelligence for Enhanced Research 

As predictive analytics informs case strategies, artificial intelligence streamlines legal research processes. AI tools can sift through vast databases of case law and legal precedents within seconds. This capability drastically reduces the time lawyers spend on research, allowing them to focus more on crafting arguments and developing client relationships. 

By providing relevant information quickly, AI enhances decision-making capabilities while ensuring accuracy in legal proceedings. Law firms utilizing these technologies gain a competitive edge as they respond faster to client needs and stay ahead in an ever-evolving landscape. 

Streamlined Client Communication Tools 

Another key aspect of emerging legal technologies is the rise of streamlined client communication tools. These platforms enhance interaction between lawyers and clients, offering features like secure messaging, document sharing, and real-time updates on case progress. 

By simplifying communication, legal professionals build stronger relationships with their clients. Clients appreciate quick responses and transparency regarding their cases. Moreover, these tools allow firms to manage more clients without sacrificing service quality. 

Cybersecurity Measures in Legal Practices

Cybersecurity measures are another critical component of how emerging technologies shape modern law practices. With sensitive client information at stake, law firms must prioritize protecting data from breaches and cyberattacks.

Implementing advanced cybersecurity tools ensures that confidential communications and case details remain secure. This commitment to safeguarding client information builds trust and credibility within the legal community. 

As threats evolve, staying informed about the latest security solutions becomes essential for law firms aiming to maintain their reputation while effectively serving clients in a digital landscape.

Continuous Learning Through Online Platforms 

Emerging technologies also play a critical role in simplifying continuous learning for legal professionals. Online learning platforms provide easy access to valuable resources that keep lawyers informed about industry trends and developments. 

For instance, DataCamp’s Power BI courses offer essential training in data analysis and visualization tools, which are increasingly relevant in today’s tech-driven legal landscape. 

These accessible courses empower lawyers to upgrade their skills at their own pace while balancing demanding workloads. Embracing ongoing education through technology is essential for legal professionals to stay competitive and effectively navigate the modern challenges within the field.

Future Trends in Legal Technology

The final aspect to consider in this guide is the future trends in legal technology that promise to reshape practices even further. Innovations like blockchain and smart contracts are on the horizon, offering unprecedented opportunities for transparency and efficiency.

Blockchain technology can provide secure, tamper-proof records of transactions, while smart contracts automate agreements based on predetermined conditions. These advancements will streamline operations and enhance trust among clients and partners. 

Embracing Change in Legal Practices 

As emerging technologies evolve, legal professionals must remain open and adaptable. Embracing these innovations will enhance efficiency, improve client service, and create more rewarding careers. 

The ability to harness technology fosters a forward-thinking mindset essential for success in today’s competitive landscape. Committing to continuous learning and staying abreast of industry advancements helps lawyers master the complexities of modern practice and establish themselves as undeniable leaders in their field.

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Sidley Advises on Vishal Mega Mart’s US$945 Million IPO https://legaldesire.com/sidley-advises-on-vishal-mega-marts-us945-million-ipo/ Fri, 20 Dec 2024 20:23:20 +0000 https://legaldesire.com/?p=85918 Sidley acted as international counsel to Kotak Mahindra Capital Company, ICICI Securities, Jefferies India, JPMorgan India, Morgan Stanley India, and Intensive Fiscal Services, the book-running lead managers, on the US$945 million initial public offering (IPO) of Vishal Mega Mart Ltd. Vishal Mega Mart is India’s leading fashion-led hypermarket with over 600 stores across the country. […]

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Sidley acted as international counsel to Kotak Mahindra Capital Company, ICICI Securities, Jefferies India, JPMorgan India, Morgan Stanley India, and Intensive Fiscal Services, the book-running lead managers, on the US$945 million initial public offering (IPO) of Vishal Mega Mart Ltd.

Vishal Mega Mart is India’s leading fashion-led hypermarket with over 600 stores across the country. The IPO was reported to have garnered significant interest from investors and was oversubscribed 27.28 times. The IPO valued Vishal Mega Mart at US$4 billion.

Manoj Bhargava led the Sidley team, which included managing associate Harekrishna J. Ashar, associate Edward Lee, and legal assistant Sanketh Hareesh Kumar, with support from partners Yuet Ming Tham, Nicholas R. Brown, Carla G. Teodoro, Daniel A. O’Shea, and Robert M. Kreitman; managing associate Alvin Wang; and associates Abdullah Shah, Michael H. Sliskovich, and Dhanush Dinesh.

The firm’s market leadership in India-related matters has been widely recognized, with Sidley being named as a “Top Foreign Law Firm” for work in India by the India Business Law Journal in 2024 for the seventh year running. Sidley has continued to advise on innovative, “market first” equity offerings in 2024, including of FirstCry, Sagility, Medi Assist Healthcare, Vodafone Idea, and Afcons Infrastructure.

Sidley was also named “Securities Firm of the Year” at Law.com International’s Asia Legal Awards 2024, underscoring the firm’s preeminence in securities offerings.

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Baker McKenzie Advises Heiwa on its Acquisition of all Shares in PJC Investments and Related Debt Financing https://legaldesire.com/baker-mckenzie-advises-heiwa-on-its-acquisition-of-all-shares-in-pjc-investments-and-related-debt-financing/ Fri, 20 Dec 2024 20:22:42 +0000 https://legaldesire.com/?p=85916 Baker & McKenzie (Gaikokuho Joint Enterprise) (“Baker McKenzie”) advised Heiwa Corporation (“Heiwa”), operator of Pacific Golf Management K.K. (“PGM”), one of Japan’s largest golf course management companies, on its acquisition of all of the shares in PJC Investments Holdings L.P. (an affiliate of Fortress Investment Group LLC; “PJC Investments”), the parent company of Accordia Golf […]

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Baker & McKenzie (Gaikokuho Joint Enterprise) (“Baker McKenzie”) advised Heiwa Corporation (“Heiwa”), operator of Pacific Golf Management K.K. (“PGM”), one of Japan’s largest golf course management companies, on its acquisition of all of the shares in PJC Investments Holdings L.P. (an affiliate of Fortress Investment Group LLC; “PJC Investments”), the parent company of Accordia Golf Co., Ltd. (“Accordia Golf”). On 18 December, Heiwa entered into a share purchase agreement to make PJC Investments a wholly-owned subsidiary of Heiwa and a loan agreement to secure the JPY 510 billion needed for the transaction. The closing is expected to take place on 31 January 2025 subject to completion of merger clearance and other conditions.

Accordia Golf and its subsidiaries constitute the largest golf course operator group in Japan, owning and operating 173 golf courses as of 30 November 2024. Heiwa combines this with its own 148 golf courses, making it not only the largest golf course management company in Japan with a total of 321 courses, but the largest in the world in terms of the number of golf courses owned (according to YH Research Inc.).

The transaction was led by Kiyoshi Endo, a partner in the Baker McKenzie Tokyo Corporate / M&A Group. Kiyoshi was supported by a team from the group made up of counsel Masao Tozaki and Hiroyuki Kitamura, associates Takatoshi Kashiwara and Lisa Nagao.

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DLA Piper advises gaming group Aonic on EUR152 million growth investment https://legaldesire.com/dla-piper-advises-gaming-group-aonic-on-eur152-million-growth-investment/ Fri, 20 Dec 2024 20:22:00 +0000 https://legaldesire.com/?p=85914 DLA Piper has advised Aonic on entering into a definitive agreement to receive a EUR100 million growth investment from Metric Capital Partners, a leading pan-European investment firm. Further, the team also advised Aonic on its additional EUR52 million equity contribution from its major shareholder Active Ownership. DLA Piper regularly advises Aonic on its gaming activities […]

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DLA Piper has advised Aonic on entering into a definitive agreement to receive a EUR100 million growth investment from Metric Capital Partners, a leading pan-European investment firm. Further, the team also advised Aonic on its additional EUR52 million equity contribution from its major shareholder Active Ownership. DLA Piper regularly advises Aonic on its gaming activities and M&A transactions.

These investments mark some of the largest growth capital transactions in the current European video gaming industry. Aonic intends to use the additional capital to accelerate investments in its games portfolio and M&A.

Aonic is a diversified video gaming and technology group. Since its formation in 2021, Aonic has grown to 12 companies across Europe and North America operating globally in game development, publishing and related services with an LTM revenue as of Q3 2024 of EUR151 million.

The DLA Piper team was led by partners Andreas Füchsel (Private Equity/M&A, Frankfurt) and Edward Griffiths (Private Equity, London) with senior associate Philipp Meyer Reichen (Private Equity/M&A, Frankfurt) in the core team. Also involved were partner Dr Nico Brunotte (IT, Hamburg), counsel Tatiana Marzoli and associate Damian Merks (both Private Equity/M&A, Frankfurt).

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DLA Piper advises Lutech Group on its acquisition of two Spanish companies https://legaldesire.com/dla-piper-advises-lutech-group-on-its-acquisition-of-two-spanish-companies/ Fri, 20 Dec 2024 20:21:29 +0000 https://legaldesire.com/?p=85912 DLA Piper has advised Lutech S.p.A., a leading Italian and European digital and AI player, on the acquisition of SAPIMSA (SAP gold partner) and Netinex, Spanish companies based in Madrid and Oviedo, respectively. The two acquisitions will enable Lutech Group to further strengthen its presence in the Spanish market. Lutech will be able to develop […]

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DLA Piper has advised Lutech S.p.A., a leading Italian and European digital and AI player, on the acquisition of SAPIMSA (SAP gold partner) and Netinex, Spanish companies based in Madrid and Oviedo, respectively.

The two acquisitions will enable Lutech Group to further strengthen its presence in the Spanish market. Lutech will be able to develop significant synergies with its Italian team, expand SAP expertise, offer even more integrated and innovative solutions to its customers and attract talent.

DLA Piper’s multijurisdictional team was led by partner Christian Iannaccone. The firm’s Italian team included lawyers Federico Roviglio and Giorgia Grande and Elena Wang. They coordinated all steps of the transaction and helped negotiate and draft contracts related to the deal.

For the Spanish law aspects a team comprising partner Joaquin Echanove Orbea and attorneys Luis Borrero Zorita and Jorge Rahona Toledo advise

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DLA Piper advises Cabot Properties on the acquisition of a logistics centre in Germany https://legaldesire.com/dla-piper-advises-cabot-properties-on-the-acquisition-of-a-logistics-centre-in-germany/ Fri, 20 Dec 2024 20:20:59 +0000 https://legaldesire.com/?p=85910 DLA Piper has advised Cabot Properties, a global investor, developer, and operator of industrial real estate, on the acquisition of a logistics property in Linden, Germany. Built in 2000 and partially modernised in 2012, the property has a leasable area of almost 15,800 m2 and is currently let to a single tenant. Located close to […]

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DLA Piper has advised Cabot Properties, a global investor, developer, and operator of industrial real estate, on the acquisition of a logistics property in Linden, Germany.

Built in 2000 and partially modernised in 2012, the property has a leasable area of almost 15,800 m2 and is currently let to a single tenant. Located close to the A485 and A45 motorways, the logistics centre is ideally located for transport links.

Cabot Properties is an international private equity real estate firm focused on the logistics sector. Founded in 1986, Cabot was one of the first real estate firms to provide institutional investors with access to the industrial property sector and has invested over USD15 billion in logistics real estate, served over 4,200 tenants, and operated over 1,600 buildings totaling more than 230 million square feet. Cabot is headquartered in Boston with offices in Atlanta, Chicago, Dallas, Los Angeles, Amsterdam, London, Sydney, Munich, and Tokyo.

This acquisition is a strong addition to Cabot Properties’ portfolio as they expand their European business strategy and operations. Konstantin Braun and Florian Neumann, based in Munich and Amsterdam, respectively, led the negotiations for Cabot.

The DLA Piper team, led by partners Dr Martin Haller and Dr Manuel Indlekofer (both Real Estate, Munich), also included partner Dr Marie-Theres Rämer, senior associates Albina Daka (both Tax, Frankfurt), Dr Lilian Gutkin as well as associates Sophia Aiello and Julia Ambs (all Real Estate, Munich).

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DLA Piper advises Bilfinger on strategic acquisition of Rodoverken Group AB https://legaldesire.com/dla-piper-advises-bilfinger-on-strategic-acquisition-of-rodoverken-group-ab/ Fri, 20 Dec 2024 20:20:27 +0000 https://legaldesire.com/?p=85908 DLA Piper has advised Bilfinger, a leading international industrial services provider, on its acquisition of Rodoverken Group AB, a specialist in heat accumulator technology. Rodoverken, with locations in Sweden and Poland, is renowned for its expertise in the manufacturing and assembly of heat accumulator tanks. This acquisition strengthens Bilfinger’s position in the European thermal energy […]

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DLA Piper has advised Bilfinger, a leading international industrial services provider, on its acquisition of Rodoverken Group AB, a specialist in heat accumulator technology.

Rodoverken, with locations in Sweden and Poland, is renowned for its expertise in the manufacturing and assembly of heat accumulator tanks. This acquisition strengthens Bilfinger’s position in the European thermal energy storage market, a growing sector that plays a critical role in advancing energy efficiency and sustainability. The deal will expand Bilfinger’s product portfolio in response to increasing demand for energy transition technologies across Europe.

DLA Piper’s team for the transaction included:

  • Germany (client relationship team): Partner Dr Benjamin Parameswaran and Counsel Dr Christoph Dachner
  • Sweden: Partner Petter Kjöllerström and Associate Amanda Thörnblom
  • Denmark: Partner Michael Klöcker
  • Poland: Partner Piotr Miller

The core team was supported by their respective teams across these jurisdictions.

The transaction highlights the strategic value of Rodoverken’s strong mechanical capabilities and geographical coverage, which complement Bilfinger’s extensive experience from various heat storage and distribution projects. This deal exemplifies DLA Piper’s global reach and seamless ability to manage complex, multi-jurisdictional acquisitions, offering full-service legal support tailored to our clients’ strategic objectives. The closing is subject to competition authority approval and expected to take place in the first quarter of 2025.

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