Wilmer, Goodwin Procter Order In for Blue Apron's IPO
The two Am Law 100 firms are advising on an initial public offering valuing the New York-based, meal-kit delivery company at $1.89 billion. Wilmer is also netting a seven-figure fee for its work.
July 03, 2017 at 09:55 PM
26 minute read
A group of Boston-based lawyers from a pair of Am Law 100 firms grabbed the lead roles on an initial public offering by Blue Apron Holdings Inc., a New York-based meal-kit delivery company now valued at roughly $1.89 billion after raising $300 million in a stock float last week.
While a relatively disappointing debut for Blue Apron, which was seeking a valuation of some $3.2 billion, the company's lawyers from Wilmer Cutler Pickering Hale and Dorr have reaped the benefits of their counsel to the ingredient-and-recipe subscription service.
A securities filing by Blue Apron states that the startup has incurred roughly $1.8 million in legal fees and expenses in its effort to transition to a publicly traded enterprise. Mark Borden, the immediate-past chair of Wilmer's corporate department and a former member of the firm's management committee, is working with capital markets partner David Westenberg in advising Blue Apron in its IPO.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Will a Market Dominated by Small- to Mid-Cap Deals Give Rise to a Dark Horse US Firm in China?
Why U.S. Big Law Was Mostly Sidelined in Asian IPOs in New York Last Year
Trending Stories
- 1German Court Orders X to Release Data Amid Election Interference Concerns
- 2Litigation Trends to Watch From Law.com Radar: Suits Strike at DEI Policies, 'Meme Coins' and Infractions in Cannabis Labeling
- 3Judge Gets Public Reprimand for Favoring Cops
- 4Investor Sues in New York to Block $175M Bitcoin Merger
- 5Landlord Must Pay Prevailing Tenants' $21K Attorney Fees in Commercial Lease Dispute, Appellate Court Rules
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
