In an article for the Spring 2025 edition of Real Estate Finance Journal, partners Stephenie Gosnell Handler and David Wolber, of counsel Michelle Weinbaum, and associates Roxana Akbari, Mason Gauch, and Chris Mullen provide an overview of the final rule of the Committee on Foreign Investment in the United States which expands its jurisdiction over real estate transactions subject to national security review, and offer a series of takeaways for transaction parties.
London partner Sandy Bhogal shared his insights on the OECD’s landmark global tax deal for the Financial Times article “US Engaging on OECD Global Tax Deal Despite Donald Trump’s Defiance.” Sandy is Co-Chair of the Gibson Dunn Tax Practice Group.
Read the article in the Financial Times (registration required): https://www.ft.com/content/6ec6816d-063b-47c6-af28-bc9b67ada20e
Gibson Dunn is pleased to announce that Hayden Cameron has today joined the firm’s London office as a partner in its Real Estate Practice Group.
The news follows the recent announcement that Mark Manson-Bahr will also join the Real Estate Practice Group as a partner in London.
Commenting on Hayden’s arrival, Eric Feuerstein, Co-Chair of Gibson Dunn’s Real Estate Practice Group, said: “Hayden advises on the most complicated U.K. and European real estate transactions, working with clients in private equity and sovereign wealth funds, especially in the Middle East where he previously worked. Hayden and Mark will bring added firepower to the London real estate team, and the global team looks forward to their arrival.”
Gibson Dunn’s Real Estate Practice Group is widely considered one of the best in the world: it was named a 2024 Real Estate Group of the Year by Law360 and is the Chambers USA 2024 Group of the Year for Real Estate: USA – Nationwide. In the past year, it has continued to expand with the arrival of partner Mark Manson-Bahr (London) and Krystyna Blakeslee (New York), and the promotion to partner of Sara Ghalandari and Prerna Soni in San Francisco.
About Hayden Cameron
Hayden advises investors, developers, financiers, and owner/occupiers on a range of commercial real estate and infrastructure transactions. His clients include private equity fund managers and Middle East sovereign funds, whom he advises on the establishment of cross-border investment platforms, joint ventures and co-investments in relation to real estate assets and portfolios, and infrastructure investments. He also advises on direct and indirect acquisitions and disposals of real estate assets and portfolios.
He is a Recommended Lawyer in The Legal 500 United Kingdom 2025 for London Commercial Property: Investment, where he is highlighted for his “notable cross-border capabilities.” Hayden earned his Bachelor of Laws from the University of Auckland, New Zealand.
Partner and Co-Chair of our Tax Practice Group, Eric B. Sloan, was recently quoted by Tax Notes (subscription required) on the future of the U.S. Internal Revenue Service’s audit and litigation strategy for partnership related-party basis-shifting transactions following the repeal of Biden administration guidance.
A Gibson Dunn team has been recognized in Litigation Daily’s Litigator of the Week Runners-Up and Shout-Outs for its appellate patent win on behalf of Sun Pharma.
A 2024 injunction had barred our client from launching an alopecia drug due to an alleged patent infringement. At a hearing in April 2025, that injunction was vacated by the U.S. Court of Appeals for the Federal Circuit less than one hour after oral arguments were made. In a recently issued precedential opinion, the Court held that the patent-owner plaintiff would not be irreparably harmed because its early-stage drug couldn’t be launched until years after the patent expires in late 2026.
Our winning team included partners Josh Krevitt, Paul Torchia, Charlotte Jacobsen, Christine Ranney, of counsel Anne Brody and associates Allen Kathir, Monica Grover and Emily Whitcher.
Read more (subscription required): https://www.law.com/litigationdaily/2025/05/09/litigator-of-the-week-runners-up-and-shout-outs/
Houston partner and former judge Gregg Costa joins the panel for a recent episode of the Reasonably Speaking podcast on “The Rise of the Nationwide Injunction and What It Means for the Courts.” The timely and incisive discussion on nationwide (or universal) injunctions — court orders that extend relief beyond the parties in a case, often halting federal policy nationwide — is moderated by American Law Institute president David Levi and also features Judge Robin Rosenberg and legal scholars William Baude and Samuel Bray.
Gregg and the panel explore the constitutional debates, practical consequences, and political implications of these powerful judicial tools and examine whether the nationwide injunction is a necessary check or a threat to judicial legitimacy.
Partner and Global Chair of our Business Restructuring and Reorganization Practice Group Scott Greenberg joins Debtwire’s co-managing editor Madalina Iacob on the Debtwired podcast to discuss how changing market dynamics are impacting deal activity, liability management exercises (LMEs), and what the rest of 2025 may hold for restructurings.
In their wide-ranging conversation, Scott explores trends in multi-tier LMEs, carve-out premiums, and group formation strategies. He also analyzes the impact of cooperation agreements on deal outcomes, provides insights into cross-border LMEs, and discusses how cultural differences can affect investment decisions.
Washington, D.C. partner Matthew Axelrod recently spoke with Export Compliance Manager about how the ability of the U.S. Commerce Department’s Bureau of Industry and Security (BIS) to deliver on leadership’s desire for increased export controls enforcement is tied to its budget. “There is tension between two things: folks in the administration wanting aggressive enforcement and a real focus on cost containment and budget,” says Matt, who served as BIS Assistant Secretary for Export Enforcement before joining Gibson Dunn. Companies should maintain their long-term compliance objectives, he adds, while ensuring that trade compliance programs are “ready to meet the moment.”
Matthew is Co-Chair of our firm’s Sanctions and Export Enforcement Practice Group, where he works closely with clients to conduct internal investigations, evaluate compliance programs, advise on voluntary self-disclosures, and defend against government-facing investigations.
Read the article, “Mixed Messaging or Mission Pivot?” in Export Compliance Manager [PDF].
Congratulations to the 193 Gibson Dunn members of the D.C. Bar who completed at least 50 hours of pro bono work in 2024 and are therefore included in the 2024 Capital Pro Bono Honor Roll. In addition, 128 of our Honor Roll lawyers provided 100+ hours of pro bono service, thereby qualifying for the High Honor Roll.
In a joint letter to the honorees, Chief Judge Anna Blackburne-Rigsby of the D.C. Court of Appeals and Chief Judge Milton C. Lee, Jr., of the D.C. Superior Court wrote: “Thank you for contributing your time and expertise to expand access to justice for those who cannot afford legal representation. We are exceedingly proud of the robust tradition of pro bono service in our legal community.”
The lists are available here: https://www.dccourts.gov/sites/default/files/Final_2024_Pro_Bono_Honor_Roll_by_Affiliation.pdf
Gibson Dunn advised Togetherwork Holdings on its sale of UnionWare and MemberTrak, two North American leaders in the union software industry, to Valsoft Corporation, a Canadian company specializing in the acquisition and development of vertical market software businesses.
Our corporate team was led by partner Christopher Harding and included associates Kiel Sauerman and Sam Harris. Partner Michael Cannon and associates Josiah Bethards and Duncan Hamilton advised on tax aspects. Partner Sean Feller and associate John Curran advised on benefits. Partner Meghan Hungate and associate Jacqueline Malzone advised on IP. Partner Kari Krusmark and associate Jocelyn Shih advised on commercial transaction aspects.
Four Gibson Dunn deals have been recognized at the IJGlobal Awards – MENA, winning awards for Bond of the Year, Joint Venture Deal of the Year, Refinance of the Year, and Power & Transmission Deal of the Year.
Marwan Elaraby, Co-Partner in Charge of our Dubai office, said the awards are “a strong demonstration of the depth of our expertise in the region.” Abu Dhabi Co-Partner in Charge Renad Younes added, “Working closely with clients is what we do best, and we are particularly pleased to have been on the winning team for four significant transactions.”
Our award-winning transactions:
- Bond of the Year: ADNOC Murban RSC Limited Bond Issuance
- Joint Venture Deal of the Year: ADNOC Joint Venture with BP, Egypt
- Refinance of the Year: Al Dur Phase II IWPP Refinance, Bahrain
- Power & Transmission Deal of the Year: Taiba-1 & Qassim-1 IPPs, Saudi Arabia
The awards, which were held in Dubai on April 30, celebrate the “region’s outstanding companies, transactions, and individuals in the energy and infrastructure sectors.”
Gibson Dunn is pleased to announce that James Cameron has joined the firm’s London office as a partner in its Finance Practice Group and as Co-Chair of its Transportation and Space Practice Group.
James is ranked Band 1 for Asset Finance: Aviation Finance by Chambers UK, where clients describe him as “excellent in terms of industry and market knowledge as well as getting things resolved quickly, pragmatically and efficiently.” He has advised on some of the sector’s most significant transactions in recent years, including SMBC Aviation Capital on its $1.6 billion acquisition of Goshawk Aviation’s commercial aircraft leasing platform, the restructuring of Nordic Aviation Capital and the recent sale of Falko to HPS.
Commenting on James’ arrival, Madalyn Miller, Co-Chair of Gibson Dunn’s Transportation and Space Group, said: “James is the biggest name in the transportation sector globally, and has a well-deserved reputation for steering high-level industry players on large financing transactions, M&A and restructurings. We’re delighted to have him join our growing international team.”
“Gibson Dunn provides a market-leading platform for supporting clients in the transportation, defence, satellite, connectivity and related sectors. I am looking forward to working with my new colleagues across the finance, corporate, private equity, tax, funds and restructuring teams,” said James.
Gibson Dunn has significantly expanded its transactions teams in London over the past year, with the arrival of finance partners Kavita Davis and David Irvine, restructuring partners Chris Howard and Presley Warner, and funds partner James O’Donnell. M&A partner Will McDonald and private equity partner Will Summers also joined the London office in recent months.
About James Cameron
James advises on financing and corporate work, focusing on the transportation, aerospace, defence and space sectors. He has extensive experience acting on asset leasing and financing transactions involving aircraft, ships, oil rigs, rolling stock and other movable equipment. James advises on the full range of structures, including mergers and acquisitions, capital markets transactions, enhanced equipment trust certificates, securitisation, finance and operating leasing, structured tax-based financings, export credits, restructurings, leasing company acquisitions, asset portfolio sales and purchases, joint ventures and Islamic financings. His clients include investment banks, lessors, financiers, equity investors, private equity, hedge funds, manufacturers, operators and arrangers.
James is ranked Band 1 for Asset Finance: Aviation Finance by Chambers UK and Chambers Global and as a Leading Partner for Transport Finance and Leasing by Legal 500 United Kingdom 2025, and is a notable practitioner in IFLR1000.
He earned his Bachelor of Laws from Queen Mary and Westfield College of London.
Partners Theane Evangelis and Chris Dusseault have been named in the Top 100 Lawyers 2025 list by the Los Angeles Business Journal, where they were recognized for their roles as leading national litigators, their decades-long commitment to the Los Angeles legal community, and the outstanding results they have achieved for their clients.
Theane is Co-Chair of our global Litigation Practice Group and was honored by the publication for her recent groundbreaking 6-3 Supreme Court victory on behalf of Grants Pass, Oregon, which held that the constitutional prohibition on “cruel and unusual punishments” does not forbid regulation of camping on public property.
Chris was recognized for repeatedly obtaining “outstanding results for his clients through dispositive motions, trials, appeals, and favorable settlements.”
Gibson Dunn has been named one of Germany’s Best Commercial Law Firms 2025 by brand eins magazine in its most recent special issue. The firm was recognized for our expertise in Compliance and Mergers & Acquisitions, based on recommendations from peers and in-house lawyers. The feature was published on April 26, 2025.
Consistent with the firm’s history of double-digit revenue growth since the beginning of Chair and Managing Partner Barbara Becker’s tenure in 2021, Gibson Dunn posted a 15.7% increase in gross revenue in 2024, to $3.6 billion, and a 28.4% increase in profits per equity partner, to $7.2 million.
Barbara attributed the firm’s success to its long-term strategy of developing marquee practice and industry groups. “Our strategy has been to focus on excellence and collaboration,” she said, “building destination practices and industry expertise across our platform, and it works because we are truly collaborative.”
Read the full article in The American Lawyer [PDF].
Gibson Dunn has advised PAG, a leading alternative investment firm in the Asia-Pacific region, on the formation of its third Significant Risk Transfer fund, PAG BRS Fund III. The fund raised $1.25 billion, including co-investment capital, with commitments from sovereign wealth funds, pension funds, and endowments across North America, Europe, the Middle East, and Asia-Pacific.
The Gibson Dunn team was led by partner Albert Cho and included associates Kathy Wen, Keira Su, Christina Fong, and Rachelle Tong. Partner Daniel Zygielbaum and associate Jennifer Fitzgerald advised on tax aspects, and partner Michael Collins advised on ERISA aspects.
While questions about the overall level of white collar enforcement in the new administration persist, the direction at the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) is clear, according to Gibson Dunn partner Matthew Axelrod, who told Export Compliance Daily that all signs indicate “BIS is going to be aggressive in going after companies that violate their rules.”
Matt also said “the BIS view is that they would rather educate industry so that industry complies with the rules on the front end rather than having violations that get enforced on the back end” and that, because of funding cuts and staff turnover, “the bigger question mark than the policy direction is whether BIS will have the resources it needs to deliver on the policy direction.”
After serving as BIS Assistant Secretary for Export Enforcement under the Biden administration, Matt joined Gibson Dunn in early 2025 to co-chair our newly launched Sanctions and Export Enforcement Practice Group, where he works closely with clients to conduct internal investigations, evaluate compliance programs, advise on voluntary self-disclosures, and defend against government-facing investigations.
Read the full article in Export Compliance Daily (subscription required).
In an article for the Harvard Law School Forum on Corporate Governance, partners Krista Hanvey, Kate Napalkova, Sean Feller, Michael Collins, and Gina Hancock have outlined the considerations that compensation decision-makers must bear in mind as they navigate periods of macroeconomic uncertainty.
While executive management teams and human resources leaders may feel pressure to act quickly, the authors suggest that plotting a successful course relies on employing policies that are systematic and consistent with an organization’s broader philosophy and mission.
Read the full article [PDF]
Los Angeles partner Drew Flowers shared his perspectives on disruptions and uncertainties in the marketplace, when to take a pause, and multifamily units as a secure asset class, regardless of market conditions, with Law360 Real Estate Authority. “In reality, multifamily for real estate has been the safest investment for a long time, not just now, because guess what? People need places to live,” Drew said.
Read the article, “Real Estate Lawyers Chart Dealmaking Under Tariffs,” in Law360 Real Estate Authority [PDF].
A Gibson Dunn deal has been named Sustainability-Linked Loan of the Year – Other by Environmental Finance at its Sustainable Debt Awards 2025.
The award recognizes a $50 million sustainability-linked loan facility provided by the International Finance Corporation to support BTG Pactual Timberland Investment Group’s Latin American reforestation strategy, particularly in the Cerrado biome in Brazil, one of the most biodiverse, seasonally dry ecosystems in the world. Gibson Dunn advised BTG Pactual Timberland Investment Group on this innovative financing.
Our finance team was led by partner Darius Mehraban and included of counsel Christopher Milla and associate Axel Sarkissian. Partner Kira Idoko and associate Philip Stachnik advised on fund matters in connection with the financing and partner Matthew Donnelly and associate Kevin Chapman advised on tax aspects.