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What Might Simon Property Group Do with its New SPAC?

Industry insiders say likely logistics companies and e-commerce operators would be likely acquisition targets. Retail REIT Simon Property Group, the country’s largest operator of regional malls, is riding the SPAC wave. We don’t know yet where that wave will take the company, but industry insiders offer a number of guesses. On Jan. 29, Indianapolis-based Simon filed paperwork with the U.S. Securities and Exchange Commission (SEC) to form a special purpose acquisition company, or SPAC. T...
United States New York Fort Lauderdale Shane Neman Milton Vescovacci Tishman Speyer

Centerbridge Credit Fund Soars 90 Percent on Pandemic Disruption Bets

Centerbridge Credit Fund Soars 90 Percent on Pandemic Disruption Bets Related Stories March 22, 2021 March 18, 2021 March 3, 2021 A $3 billion credit fund Centerbridge Partners began investing in March returned an annualized 90% in 2020, making it a top performer among vehicles designed to take advantage of pandemic-related price dislocations. As the pandemic took hold in the U.S., Centerbridge deployed $1.8 billion in funds following its special credit strategy, according to people with knowl...
Dan Brouillette Bloomberg Jeffrey Aronson Mark Gallogly Hedge Fund Research Inc Sprint Corp Garrett Motion Inc

ANALYTICS: Tech Industry Litigation - A COVID-19 Year in Review

January 31, 2021 As the COVID-19 pandemic continues to wreak havoc on businesses across the country, several companies have thrived during the pandemic in areas such as the gig economy, work from home and e-commerce, entertainment, and social media. Litigation has also increased, in some cases linked to newfound success. The following is a representative sample of strong-performing companies that have experienced increased federal litigation during the pandemic in each of the aforementioned cat...
New York United States Orrick Herrington Sutcliffe Goldberg Segalla Wilson Sonsini Goodrich Rosati Crowe Dunlevy

HITN Broadcasts Live Coverage of Inauguration Day 2021

HITN Broadcasts Live Coverage of Inauguration Day 2021 By Staff 3 months ago HITN TV’s host Gerson Borrero will keep the Hispanic community informed in real time, on the proceedings of Joseph R. Biden Jr.’s inauguration ceremony as the 46 th President of the United States. BROOKLYN, N.Y.–(BUSINESS WIRE)–As part of its mission to keep the Hispanic community informed about political developments, HITN-TV will broadcast the inauguration ceremony on January 20 that will make Joseph R. Bid...
New York United States Puerto Rico Gerson Borrero Sandra Lilley Larry Cosme

Some law firms that took paycheck protection loans bankrolled the money, consultant says

Some law firms that took paycheck protection loans banked the money, consultant says   Image from Shutterstock.com. More than 600 law firms received forgivable loans of more than $2 million under the government’s Paycheck Protection Program. But the loans didn’t completely protect staff for at least 10 law firms, according to an analysis by Thomson Reuters Legal. And some law firms ended up banking the money, rather than using it for payroll, according to a consultant who spoke with the pu...
United States Ted Mayer Altman Weil Tom Clay Debra Cassens Weiss Hughes Hubbard Reed

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