Lowenstein Launches Global Trade Practice With Baker Donelson Team
"The sooner I got there the better," Washington, D.C.-based Doreen Edelman said of the move, pointing to dealmakers' increasing need for due diligence on trade issues.
October 26, 2018 at 12:15 PM
3 minute read
New Jersey-based Am Law 200 firm Lowenstein Sandler is responding to clients' increasing anxiety about trade disputes by launching a new global trade and policy practice led by a former Baker Donelson partner.
Doreen Edelman, who was co-leader of the global business team at Baker Donelson, is bringing two attorneys and a trade analyst along with her to Lowenstein's growing Washington, D.C., office. The new global trade group joins antitrust and regulatory and insurance recovery as Lowenstein's third practice group based in the nation's capital.
“I thought the sooner I got there the better,” said Edelman, who has over 30 years of experience advising companies on export compliance, foreign investments and global expansion. “We wanted to be able to offer their clients a more complete regulatory counseling.”
Edelman said she welcomed the opportunity to bring her experience to the firm's private equity, hedge funds and technology clients, particularly those being served out of its Palo Alto, California, office.
“I've always felt that there was something missing from the due diligence deal work that didn't account for these trade issues,” she said, crediting “Mr. Trump” for putting those issues at the front of everyone's attention.
“Now everyone is more apt to talk about Section 301 [the portion of the Trade Act that underpins tariffs on China]. dumping, sanctions, and how they can affect your business, that of your customers and your clients, and how to make adjustments to minimize those risks,” Edelman explained.
Lowenstein, which also has offices in New York and Utah, was not initially on Edelman's radar before she was introduced to the firm by Gary Klein and Alex Edelman of recruiting firm Klein Landau LLC. She thought it would make sense to bring her practice to a larger firm, and had discussions with a number of global players.
But she ultimately concluded that Lowenstein's technology, outlook and the relative youth of the firm's management was even more important, and that she could deliver a global outlook by maintaining her longstanding participation in the Terralex network.
“Lowenstein also recognizes it's a global marketplace,” she said. “Even if it's a U.S. deal, there's more and more foreign money and foreign investment.”
Doreen Edelman has represented international clients including the Sultanate of Oman, where she secured passage of the U.S.-Oman Free Trade Agreement, and she also served as general counsel to the American-Turkish Council.
She started at Lowenstein on Oct. 17, accompanied by counsel Abbey Baker and associate Andrew Bisbas, as well as trade analyst Megan Bodie. The roughly 270-lawyer firm saw gross revenue rise 5.5 percent last year, to $270.6 million
“Whether it's new CFIUS requirements for foreign investments in U.S. businesses, secondary sanctions issues, or evolving export controls on technology, nearly every transaction we are seeing requires a command of the global trade landscape,” Lowenstein chairman and managing partner Gary Wingens said in a statement. “Doreen and her team provide our firm with world-class experience to help guide our clients through this increasingly complex area.”
A spokesman from Baker Donelson did not respond to a request for comment.
Read More:
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
© 2024 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 AllSimpson Thacher Partner Moves to Vinson & Elkins as Co-Head of Strategic M&A
3 minute readFreshfields, Paul Hastings, McDermott, Alston Hire in Core Practices, Amid Flurry of Q4 Lateral Moves
5 minute readTrending Stories
- 1Infant Formula Judge Sanctions Kirkland's Jim Hurst: 'Overtly Crossed the Lines'
- 2Abbott, Mead Johnson Win Defense Verdict Over Preemie Infant Formula
- 3Guarantees Are Back, Whether Law Firms Want to Talk About Them or Not
- 4Trump Files $10B Suit Against CBS in Amarillo Federal Court
- 5Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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