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Thursday, May 19, 2022 8:39:10 PM
While Przybyl wa still CEO and Brown was still Chairman, they get Orrick, Herrington & Sutcliffe LLP, to represent ANIP as early as the third quarter of 2018, when they acquired Wellspring Pharma.
Since 2018, it looks like Orrick, Herrington & Sutcliffe LLP has represented or counseled ANIP in everything except the Merger with Novitium. According the releases Novitium was advised by Orrick, Herrington & Sutcliffe LLP and ANIP was advised by Hubbard Hughes & Reed LLP. Even the most recent S8 filing Orrick, Herrington & Sutcliffe LLP acted as counsel for ANIP.
Makes me wonder why Orrick, Herrington & Sutcliffe LLP advised Novitium instead of ANIP.
In the FTC required divestiture to approve the merger, the Agreement Containing Consent Orders had Orrick, Herrington & Sutcliffe LLP acting as counsel for Novitium and Esjay LLC , where as Latham & Watkins LLP acted as counsel for ANIP. With all the lawyers at Hubbard Hughes & Reed LLP had working for ANIP on the merger, they farm out work to Latham & Watkins LLP. Don’t get me wrong Latham & Watkins LLP are among the best, they successfully defended Humira against biosimilar competition in the US until January 2023 and represented Allergan in their buyout by AbbVie . But the legal head count just keeps rising. Hard to believe, for a $210 million deal.
Agreement Containing Consent Orders
Hopefully, it will al make sense shortly.
GLTA
Recent ANIP News
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