Four Decades for Justice
September 20, 2021
Cravath partner David J. Kappos and Asa Kling, partner at Naschitz Brandes Amir & Co. and former director of the Israel Patents Office, Commissioner of Patents, Designs and Trademarks, co‑authored an article entitled “Ground Level Pressing Issues at The Intersection of AI and IP,” which was published by the Columbia Science and Technology Law Review on September 1, 2021. The article analyzes legal issues surrounding artificial intelligence (“AI”), including access to data, patent requirements, open source licenses and trade secrecy. Dave and Asa suggest best practices for obtaining and preserving intellectual property (“IP”) protections for AI‑related innovations through the United States and European Union IP systems.
Deals & Cases
September 15, 2021
On September 15, 2021, GreenSky, Inc. (“GreenSky”) and The Goldman Sachs Group, Inc. (“Goldman Sachs”) announced that they have entered into a definitive agreement pursuant to which Goldman Sachs will acquire GreenSky, the largest fintech platform for home improvement consumer loan originations, in an all‑stock transaction valued at approximately $2.24 billion. Cravath is representing GreenSky in connection with the transaction.
Deals & Cases
August 31, 2021
On August 31, 2021, Ashland Global Holdings Inc. (“Ashland”), a specialty materials company that services customers in a wide range of consumer and industrial markets, announced that its wholly owned subsidiary, Ashland LLC, has signed a definitive agreement to sell its performance adhesives business to Arkema in an all‑cash transaction valued at approximately $1.65 billion. Cravath is representing Ashland in connection with the transaction.
Deals & Cases
August 24, 2021
On August 24, 2021, Exyte Group (“Exyte”) and Wynnchurch Capital announced that they had reached an agreement for an all-share acquisition of Critical Process Systems Group, a group of manufacturing and design companies, by Exyte, a global leader in the design, engineering, and delivery of high-tech facilities. Cravath is representing Exyte in connection with the transaction.
Deals & Cases
August 05, 2021
On August 5, 2021, Daily Mail and General Trust plc (“DMGT”) announced that it has entered into a definitive agreement to sell Risk Management Solutions (“RMS”), its insurance risk business and a leading global provider of climate and natural disaster risk modeling and analytics headquartered in Silicon Valley, to Moody’s Corporation for approximately £1.425 billion. Cravath is representing DMGT in connection with the transaction.
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