Partner Ted Boutrous spoke with NPR’s “Morning Edition” about the FBI executing a search warrant at the home of a Washington Post reporter. Ted commented that the situation is of importance to all Americans: “That’s why the First Amendment imposes these protections for journalists. It’s not for the individual journalists. It’s really for the American people so they can get the information they need to put a check on government abuses and to elect the people who they think will do the best job running the country.”
The Texas Lawbook (subscription required) reported that 12 Gibson Dunn lawyers were among the 135 in the state who were lead counsel on billion-dollar M&A transactions in 2025. These 12 deals totaled $54.1 billion in deal value, second among all firms. Gibson Dunn led two megadeals with price tags of $10 billion or more.
Lawdragon has named 21 Gibson Dunn lawyers to its list of 500 Leading Global Antitrust & Competition Lawyers. These lawyers are “the advisors who negotiate deals that pass regulatory scrutiny, battle for consumers as well as companies in massive competition contests and navigate the frameworks of numerous countries and markets for global forces.”
Congratulations to: Attila Borsos, Rachel Brass, Christopher Dusseault, Sébastien Evrard, Svetlana Gans, Kai Gesing, Scott Hammond, Kristen Limarzi, Joshua Lipton, Samuel Liversidge, Ali Nikpay, Michael Perry, Cynthia Richman, Christian Riis-Madsen, Jay Srinivasan, Eric Stock, Rod Stone, Daniel Swanson, Deirdre Taylor, Stephen Weissman, and Betty Yang.
Gibson Dunn advised Point72 Ventures on an agreement with Portage to assume management of select fintech assets from the Point72 Ventures portfolio.
The Gibson Dunn corporate team was led by partners Stefan dePozsgay, Candice Choh, and A.J. Frey and included associates Jonathan Lee, Curtis Vella, Jack Rogers, Colleen Bazak, and Sam Harris. Partner Dan Zygielbaum advised on tax aspects, and partner Kevin Bettsteller advised on regulatory aspects.
Gibson Dunn is advising PayPal, one of the world’s leading digital commerce companies, on its expansion in New York City at the 345 Hudson and 555 Greenwich office complex in Hudson Square. Gibson Dunn will continue advising PayPal through the construction phase.
The Gibson Dunn real estate team includes partner Andrew Lance and associate Ben Imdieke.
Gibson Dunn advised on 14 M&A deals in the Middle East and North Africa region in 2025, worth a total of $64.7 billion, reports Law.com International (subscription required) based on London Stock Exchange Group data.
The MENA M&A work propelled the firm from ninth place in 2024 to second place last year in terms of the value of M&A deals in the region.
Marwan Elaraby, Partner in Charge of the Gibson Dunn Dubai office, told Law.com International that inbound investment has evolved from simple, de-risked infrastructure into far more varied sectors such as data centers and retail, while outbound capital has shifted beyond U.S. Treasuries and funds into AI, sports, media, and energy. Combined inbound, outbound, and regional activity explains the sharp acceleration in deal flow now being seen.
“On the inbound,” Marwan said, “more and more global private equity firms are opening offices in the region and have teams on the ground looking for opportunities. That’s a trend that we didn’t used to see.”
Gibson Dunn announced today that Armando Albarrán, widely regarded as one of Spain’s preeminent corporate lawyers, will be joining the firm as a partner in its Private Equity and M&A Practice Groups. His arrival will be followed by the opening of Gibson Dunn’s Madrid office and represents a significant expansion of the firm’s European transactional platform.
“Armando brings a leadership ethos defined by client service, excellence, and collaboration—precisely the qualities that will drive the success of our new office,” said Barbara Becker, Chair and Managing Partner of Gibson Dunn. “Madrid is a vital European hub for private equity and cross-border M&A, particularly for sponsors and multinationals executing high-value transactions between Europe and the Americas. This expansion strengthens our ability to serve clients on their most sophisticated deals across the region.”
“Armando has advised on many of the most significant Spanish and cross-border transactions,” said Federico Fruhbeck, Co-Head of Gibson Dunn’s Private Equity Group in Europe. “His arrival positions us to advise clients on their most sophisticated Spanish matters, while also working with our London and continental European teams to deliver integrated, cross-border advice.”
Gibson Dunn’s European growth has been fueled by sustained expansion in the UK—where the London office has more than doubled in size over the past five years, from 84 lawyers in 2020 to 218 today—and by continued investment on the European mainland. The Madrid opening follows last year’s launch in Zurich and builds on the firm’s long-standing presence in Brussels, Frankfurt, Munich, and Paris.
About Armando Albarrán
Armando is widely recognized as one of Spain’s foremost corporate lawyers, ranked Band 1 by Chambers and Partners in Capital Markets (Equity), Corporate/M&A (High-end Capability), and Private Equity. He brings extensive experience advising financial sponsors and corporates on complex cross-border and domestic corporate finance transactions, including public and private M&A, IPOs, and bond offerings across sectors, including energy, infrastructure, real estate, and telecommunications.
Gibson Dunn is advising Immedica Pharma AB on the acquisition of Neurocrine Group Limited.
Headquartered in Stockholm, Sweden, Immedica focuses on the commercialization of medicines for rare diseases and specialty care products.
Our London team is led by partners Wim De Vlieger and Jakob Egle and includes partner Branden Berns and associates Lucy Carr, Alex Eldredge, and Tracey Tomlinson.
Partner Alison Beal and associates Chris Puttock and Ioana Burtea advised on Privacy/IP/IT matters; partner Karen Spindler and associate Carson Zheng advised on Licensing matters; Partner James Cox and associate Georgia Derbyshire advised on Employment matters; Partner Melissa Farrar and associates Irene Polieri and Victor Tong advised on Anti-Bribery/Anti-Corruption/Sanctions matters; Partner Christian Riis-Madsen and associates Jonas Jousma and Alex Delipallas-O’Donnell advised on Antitrust/Foreign Direct Investment matters; Partners Sandy Bhogal and James Jennings and of counsel Bridget English advised on Tax matters.
Lawdragon has named 27 Gibson Dunn lawyers to its 2026 list of 500 Leading Lawyers in America: “advocates who lead the way for clients, their communities, their firms.” Lawdragon describes these individuals as “brilliant, impassioned and dedicated to the law and its practice.”
Congratulations to: Barbara Becker, Ashlie Beringer, Barry Berke, Ted Boutrous, Michael Celio, Gregg Costa, Collin Cox, Trey Cox, Mylan Denerstein, Thomas Dupree, Miguel Estrada, Theane Evangelis, Nicola Hanna, George Hazel, Allyson Ho, Hillary Holmes, Dani James, Perlette Michèle Jura, Josh Krevitt, Joshua Lipshutz, Robert Little, Saee Muzumdar, Benyamin Ross, George Sampas, Orin Snyder, Helgi Walker, Debra Wong Yang.
“The growth has taken off like a rocket ship.”
In its in-depth feature on Gibson Dunn, The Lawyer [PDF] examines the firm’s rapid expansion under the leadership of Chair and Managing Partner Barbara Becker.
Featuring interviews with Barbara, London partners Federico Fruhbeck, Simon Tysoe, and Rob Carr, and Dubai partner Marwan Elaraby, the article offers a behind-the-scenes look at what’s driving Gibson Dunn’s momentum in London, the Middle East, and globally — and how targeted investment, connectivity across offices, and a balanced disputes and transactions platform are shaping the firm’s future as it goes from strength to strength.
From record-breaking financial performance to a deliberate, people-driven approach to collaboration, the piece provides rare insight into how strategy, culture, and leadership intersect to fuel sustained growth.
Gibson Dunn announced today that Marian Fowler has joined the firm’s Washington, D.C. office as a partner in its world-class Investment Funds Practice Group. Marian will play a key role in expanding the firm’s investment funds regulatory capabilities. She most recently served as General Counsel and Chief Compliance Officer at Thrive Capital Management, LLC. She also brings deep U.S. Securities and Exchange Commission (SEC) experience, having served in the Division of Investment Management where she worked on a variety of matters impacting asset managers and fund vehicles and collaborated closely with the Division of Examinations and Division of Enforcement.
Commenting on her arrival, Shukie Grossman, Global Chair of the Investment Funds Practice Group, said: “Marian brings a rare combination of regulatory insight, in-house perspective, and private practice experience. Her work advising senior SEC leadership gives her an unparalleled understanding of the policy and enforcement dynamics shaping today’s asset-management industry. Her arrival strengthens our ability to guide clients through increasingly complex regulatory challenges and evolving SEC priorities across the investment-funds landscape, and positions us to continue to deliver sophisticated, forward-looking counsel as fundraising activity is expected to be active in 2026.”
“I’m excited to return to private practice and join Gibson Dunn’s globally recognized Investment Funds Practice Group,” said Marian. “I’m truly impressed by the strength of the firm’s platform, and I look forward to enhancing our regulatory offering for clients seeking sophisticated guidance. With exceptional investment funds, SEC enforcement, and securities regulation and corporate governance practitioners who work seamlessly together, we are extremely well positioned to bring strategic thinking and market insight to help clients anticipate and navigate what’s ahead.”
Gibson Dunn’s Investment Funds Practice Group is a top-tier practice that advises sponsors across all geographies, asset classes, and matter types. With extensive experience and a deep bench, the team provides the full scope of fund services needed to navigate the challenges and opportunities facing investment fund managers in today’s market. From fund formation to fund servicing and tax planning, complex secondaries, management company transactions, and regulatory and compliance matters, Gibson Dunn delivers top-of-the-market knowledge and senior-level, commercial counsel across the lifecycle of a fund. The practice includes a leading global team of regulatory practitioners with deep experience in the regulatory and compliance needs of investment advisors. The practice most recently welcomed Duncan McKay in New York, James O’Donnell and Hannah Watson Fanin in London, and Carolyn Abram in Dubai.
About Marian Fowler
Marian’s practice is focused on counseling investment advisers and the funds they manage, including private equity, credit, venture, real estate, and registered funds. She advises clients on the full spectrum of regulatory and legal issues involved in creating and running an advisory business, registering with the SEC, developing and implementing compliance programs, forming funds, marketing funds, structuring complex transactions, and navigating SEC examinations.
Before joining Gibson Dunn, she was the General Counsel and Chief Compliance Officer at Thrive Capital Management, LLC, an SEC-registered investment adviser to private funds with more than $23 billion in assets under management in 2025.
Marian has spent over ten years collectively in private practice at two major international law firms. She also is a former regulator, having served as Senior Special Counsel to the Director of the Division of Investment Management at the SEC and Senior Counsel in the Investment Company Rulemaking Office.
Turnarounds & Workouts has named Global Chair and partner Scott Greenberg one of its Outstanding Restructuring Lawyers for 2025, marking the second consecutive year and fifth time overall he has won this honor. The publication noted several of Scott’s high-profile achievements, including creating and negotiating in Altice France/SFR “Europe’s first major cooperation agreement among [approximately] 200 investors, facilitating the continent’s largest and most complex liability management transaction through a French accelerated safeguard process – delivering enhanced security and recoveries for clients in a landmark cross-border matter.”
Scott is Global Chair of Gibson Dunn’s Business Restructuring and Reorganization Practice Group and a member of the Firm’s Executive Committee.
Gibson Dunn advised Kevin Hart, whose work across comedy, film and television, digital and print platforms, and brand-building has made him one of the most impactful figures in modern entertainment, on his strategic partnership with Authentic Brands Group to establish a long-term platform for the ownership, management, and global expansion of the Kevin Hart brand.
The Gibson Dunn corporate team was led by partners Benyamin Ross and Taylor Hathaway-Zepeda and included associates Blaine Roth, Haley Moritz, Elise Widerlite, and Yaz Kaveh. Partner Steve Tsoneff and associate Jacqueline Malzone advised on entertainment and intellectual property matters, and partners Eric Sloan and Matt Donnelly and associate David Horton advised on tax.
In a Law.com profile [PDF], partner and Co-Chair of our global Trial Practice Group Betty Yang shared advice to others looking to become a practice leader: “Start by leading from where you are. Take ownership, mentor others, and think beyond your own docket.”
Betty said that stepping into the role of practice group co-chair gave her a new perspective. “I quickly realized how much strategic thinking, coordination, and behind-the-scenes effort went into building and sustaining the kind of practice I had benefited from,” she said. “From managing talent and budgets to aligning with firm-wide goals and anticipating client needs, there’s a constant stream of decisions that require both precision and foresight.”
Scott Greenberg, Global Chair of the Business Restructuring and Reorganization Practice Group, discussed the market outlook for 2026 with Octus.
Gibson Dunn advised an ad hoc group of noteholders to Oriflame on its comprehensive recapitalization transaction. The fully consensual transaction involved a strategic approximately €520 million balance sheet deleveraging and significant injection of new capital, together with meaningful maturity extensions.
Our London restructuring team was led by partners Christopher Howard and Matthew Squire and included associates Nick Gilvear and Yinn Lim.
Partner Kavita Davis and associate Tom Capper advised on financing; partner Hugo Hernández-Mancha on capital markets; partners Sandy Bhogal and James Chandler and associate Jason Richards on tax matters; and partner Michelle Kirschner, of counsel Martin Coombes, and associate Saad Khan on financial regulatory matters.
Gibson Dunn announced today that Rachel D. Kleinberg has joined the firm’s Palo Alto office, where she will serve as a partner in the Tax Practice Group. Rachel advises corporate and private equity clients on the U.S. federal tax aspects of a wide array of transactions.
Eric B. Sloan, Co-Chair of the Tax Practice Group, said: “Rachel is widely regarded as a preeminent transactional tax lawyer and one of California’s leading tax lawyers. As the transactional market continues to gain momentum and federal tax legislation grows increasingly complex, she further enhances our capabilities, both nationally and on the West Coast, and strengthens our ability to counsel clients on cross-border matters across our global platform.”
“I’ve known the Gibson Dunn tax team for many years, having negotiated across the table from them frequently. The depth of their talent is truly impressive and highly respected—I’ve always found them to be tremendously collaborative, commercial, and extremely skilled. I’m very much looking forward to contributing to the continued growth of this preeminent practice,” said Rachel.
Gibson Dunn’s Tax Practice Group is a recognized market leader in advising clients across the U.S., U.K., and Europe on a broad range of domestic and cross-border tax issues and transactions. The team provides sophisticated tax advice on many of the largest and most complex deals in the market.
About Rachel D. Kleinberg
Rachel represents corporate and private equity clients on the U.S. federal tax aspects of a wide array of transactional matters, including M&A and private equity transactions, joint ventures, spinoffs and reorganizations, capital markets transactions, credit facilities, international tax matters, and derivatives transactions.
Prior to joining Gibson Dunn, Rachel served as a partner at an international law firm, where she was the co-leader of its global tax practice and head of its West Coast tax practice.
Gibson Dunn’s Pro Bono Committee is thrilled to announce the winners of the 2025 Frank Wheat Memorial Awards. This year’s Frank Wheat Award winners showcase different aspects of the firm’s diverse and vibrant pro bono practice, including immigration, religious liberty, and civil rights. Each of our winners demonstrated leadership and initiative in their pro bono work, obtained significant results for their clients, and is an inspiration to their colleagues across the firm.
With this year’s winners leading the way, more than 2,000 Gibson Dunn lawyers around the world have devoted approximately 238,000 hours to pro bono work in 2025. In total, this work was valued at more than $300 million. Beyond the numbers — which set a new record for participation across the firm — we are most proud of the real-world impact our pro bono practice has had on our clients around the world. We know our clients place their trust in us at key moments in their lives, and we are honored to work on their behalf.
Frank Wheat was a former Los Angeles partner, a superb transactional lawyer, SEC commissioner, and president of the Los Angeles County Bar. He was also a giant in the nonprofit community, having founded the Alliance for Children’s Rights in addition to serving as a leader of the Sierra Club and as a founding director of the Center for Law in the Public Interest. He exemplified the commitment to the community and to pro bono service that has always been a core tenet of the Gibson Dunn culture. Recipients of the Frank Wheat Memorial Award each receive a $2,500 prize to be donated to pro bono organizations designated by the recipients.
The Gibson Dunn Business Restructuring and Reorganization practice has maintained its substantial lead in year-to-date lead counsel rankings through the end of November, with 41 mandates.
The firm’s BRR practice specializes in representing creditor and stakeholder groups in the largest and most complex restructurings and is a pioneering leader in the liability management space.
Gibson Dunn advised J.P. Morgan Asset Management as co-lead investor in the Series L financing round of Databricks.
Our corporate team included partners Richard Birns and Daniel Alterbaum and associates Mark Goldman and Hannah Gonzalez. Partner Kathryn Kelly and associate Ryan Rott advised on tax aspects.