Credit: Yingyaipumi/Adobe Stock Simmons, Reed Smith Secure Lead Roles In Masdar's €3.2B Renewable Energy Deal
This is the latest example of energy and infrastructure deals fuelled by the energy transition drive becoming a growing source of work for firms.
June 24, 2024 at 05:35 AM
2 minute read
Simmons & Simmons and Reed Smith have secured lead roles in Abu Dhabi-based Masdar's €3.2 billion acquisition of Greek renewable energy company Terna Energy.
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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.
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