Gibson Dunn advised Dextra Partners, a multi-strategy private equity firm focused on the middle market, on the final closing of Dextra Co-investment Fund VII at its $825 million hard cap.
The fund significantly exceeded its initial $650 million target and brings Dextra’s total assets under management to approximately $5 billion.
Our corporate team was led by partner A.J. Frey and included partners James Hays and Edward Sopher, and associates Kevin Chapman, Sam Stender, Maggie Valachovic, and Jeff Xu. Partner Daniel Zygielbaum and associate Galya Savir advised on tax. Partner Michael Collins advised on benefits. Of counsel Gregory Merz advised on regulatory.
Partner and Co-Chair of our Tax Practice Group, Eric Sloan, recently spoke to Bloomberg Law about the U.S. Treasury Department and the Internal Revenue Service’s new guidance on the corporate alternative minimum tax (CAMT). “It is clear that the government has listened to comments from the bar and taxpayers,” he said.
Eric highlighted the introduction of a “top-down” approach and a new taxable-income exception as particularly beneficial for tiered partnerships. He described the exception as “a great addition,” with eligibility standards that are “particularly generous and appropriate.” While acknowledging that “the rules will remain complicated,” Eric emphasized that the updates are “yet another welcome change” for taxpayers navigating CAMT.
July 31, 2025 – Gibson Dunn is pleased to announce its DOJ Data Security Program Task Force—a cross-disciplinary team designed to help clients understand and comply with the U.S. Department of Justice’s (DOJ) new regulatory framework: the Data Security Program (DSP). Under rules issued by the DOJ’s National Security Division (NSD), this framework restricts access to bulk U.S. sensitive personal data and U.S. government-related data and affects a broad range of U.S. businesses—particularly those that collect, process, transfer, or grant access to such data through relationships with foreign vendors, investors, partners, or service providers.
The Task Force brings together seasoned lawyers from Gibson Dunn’s market-leading National Security, White Collar Defense and Investigations, Cybersecurity, International Trade, and Corporate Governance Practice Groups. This integrated team offers clients comprehensive, practical counsel on how to identify, assess, and manage potential legal obligations and compliance risks under the DSP.
“As the federal government sharpens its focus on the protection of sensitive personal and government data, companies must be prepared to meet new and evolving compliance obligations,” said Vivek Mohan, a Task Force member who Co-Chairs the Artificial Intelligence Practice Group and is a member of the Privacy, Cybersecurity, and Data Innovation Practice Group. “At its core, the DSP reflects a new paradigm for regulating access to data under U.S. law—subjecting globally integrated companies to U.S. national security scrutiny and exposing businesses to potential civil or criminal penalties if risks are not properly assessed and managed. Our Task Force is uniquely positioned to provide strategic, actionable guidance that addresses these challenges while aligning with overlapping obligations under domestic and international privacy, security, and trade frameworks.”
Stephenie Gosnell Handler, a Task Force member and Partner in the International Trade and Privacy, Cybersecurity, and Data Innovation Practice Groups, added: “The DOJ’s new Sensitive Data Regulations create a complex, high-stakes compliance environment for businesses that handle large volumes of personal data or work with the U.S. government. These rules are a regulatory chimera—adapting concepts from export controls, CFIUS, sanctions, cybersecurity, and data protection laws in a manner intended to achieve national security objectives and carrying significant enforcement implications. Our Data Security Program Task Force is designed to help clients cut through that complexity. We bring together regulatory depth, investigative insight, and real-world experience to help companies build durable, defensible compliance strategies that align with DOJ expectations and global data regimes.”
Gibson Dunn’s Data Security Program Task Force includes former senior government officials, former in-house legal department leaders, and experienced white collar defense counsel. The team is equipped to advise on:
- Assessing exposure to DOJ data security regulations;
- Implementing compliance frameworks and policies aligned with DOJ expectations;
- Managing competing obligations under U.S. and international data protection regimes;
- Advising senior leadership on their oversight and management responsibilities;
- Responding to DOJ inquiries and enforcement actions; and
- Demonstrating proactive compliance posture to regulators and stakeholders.
This Task Force underscores Gibson Dunn’s ongoing commitment to helping clients navigate complex legal environments with forward-thinking, multidisciplinary solutions. For more information on the Task Force, visit: https://www.gibsondunn.com/doj-data-security-program-task-force/
Gibson Dunn is advising Publicis Groupe and Publicis Health, the world’s most connected and data-powered health communications network, on the acquisition of p-value Group, a premier full-service medical communications group serving top-tier life sciences clients.
Our corporate team is led by partner Quinton Farrar and includes associates Nicolette Fata and Kira Dennis.
Gibson Dunn represented GE Aerospace in its offering of $1 billion aggregate principal amount of 4.300% Notes due 2030 and $1 billion aggregate principal amount of 4.900% Notes due 2036.
J.P. Morgan Securities LLC, BofA Securities, Inc., and Morgan Stanley & Co. LLC acted as joint book-running managers.
Our team included partner Andrew Fabens, of counsel Rodrigo Surcan, and associate Kevin Mills. Partner Jennifer Sabin advised on tax.
Gibson Dunn has been named an international firm of the year for taxation at the China Business Law Awards 2025, presented by the China Business Law Journal.
The awards celebrate those law firms that have navigated China’s complex and shifting economic landscape with “deep expertise and innovative approaches to thrive in an increasingly competitive environment.”
Our award-winning team includes partners Brian Gilchrist and Elaine Chen, and associates Carrie Yuen, Andrew Cheng, Peter Chau, Yolanda Lau, Jacky Fung, and Ryan Cheung.
Gibson Dunn has once again been named a Key Player in the India Business Law Journal’s 2025 report, which recognizes the top foreign law firms for India-related work. The publication noted that India-focused clients consistently rely on our firm for “high-profile assignments across practice areas and industries.”
The report highlighted several of our notable achievements over the past year, including representing U.S.-based private equity firm Veritas Capital in its $2.5 billion acquisition of the digital banking business of NCR Voyix, and advising RedBird Capital on investment opportunities in India’s sports and entertainment sectors.
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Gibson Dunn advised Glenwood Private Equity, a leading independent investment firm headquartered in Seoul, on the formation of Glenwood Private Equity Fund III, which closed with total commitments of $1.1 billion.
The fund exceeded its $1.0 billion target and was significantly oversubscribed, attracting strong support from existing domestic investors and a broad base of new offshore limited partners, including institutional investors across Asia-Pacific, Europe, and North America.
The team was led by partner Albert Cho and included associates Brian Seungwon Ham, Christina Fong, and Rachelle Tong. Partners Daniel Zygielbaum, Sandy Bhogal, and Benjamin Rapp, along with associates Eugene Wei-En Woo, Duncan Hamilton, James Chandler, and Daniel Reich advised on tax. Partner Michael Collins advised on ERISA aspects.
Congratulations to the 29 partners named to the inaugural Lawdragon 500 Leading Global Litigators list, which recognizes the lawyers who “assiduously work to resolve disputes between nations, bring justice for human rights abuses, address financial fraud that crosses borders and unearth stashed assets.”
Kudos to Mohammed M. Bashir, Eric Bouffard, Theodore J. Boutrous Jr., Susy Bullock, Elaine Chen, Trey Cox, Patrick Doris, Theane Evangelis, Charles Falconer, Jean-Pierre Farges, Pierre-Emmanuel Fender, Brian Gilchrist, Osma Hudda, Perlette Michèle Jura, Penny Madden, Nooree Moola, Allan Neil, Patrick Pearsall, Piers Plumptre, Markus Rieder, Philip Rocher, Benno Schwarz, Andrea E. Smith, Orin Snyder, Robert Spano, William E. Thomson, Doug Watson, Betty Yang, and Finn Zeidler.
Litigation Daily’s Litigator of the Week has recognized a Gibson Dunn team that secured a $46 million jury verdict in Texas state court for Gala Capital Partners, LLC and its principal, Anand Gala.
A Gibson, Dunn & Crutcher team led by partners Trey Cox, Andrew LeGrand and Betty Yang landed a $46 million verdict in Texas state court for Gala Capital Partners and its principal Anand Gala, an investor and restaurateur based in California, in a case involving a joint investment in the pizza buffet chain Cicis Pizza, with Gala’s cousin, Sunil Dharod, and related entities. After eight days of trial and about five hours of deliberations, Dallas County jurors last week sided with Gibson Dunn’s clients on claims including breach of contract and breach of fiduciary duty, while rejecting all the defendants’ counterclaims. The Gibson Dunn team included partner Brad Hubbard and associates Andrew Mitchell, Arjun Ogale, Alexa Acquista and Hunter Heck.
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Reprinted with permission from the July 25, 2025 edition of “The AmLaw Litigation Daily” © 2025 ALM Global Properties, LLC. All rights reserved. Further duplication without permission is prohibited, contact 877-256-2472 or asset-and-logo-licensing@alm.com.
Associate Annekathrin Schmoll is the author of the LexisNexis practice note, “Enforcing ICSID Awards in Germany.”
The practice note considers the recognition and enforcement of International Centre for Settlement of Investment Disputes (ICSID) awards in Germany.
Partner Matt Axelrod recently spoke to Dow Jones about the potential impact of the U.S. Commerce Department’s Bureau of Industry and Security’s proposed 50% rule for export controls, if implemented.
Matt told the publication, “It’s unclear how many more parties would be swept into Entity List restrictions… [It] would mean more license applications and more sales foregone.” He added that larger companies use third-party screening vendors may be better positioned to adapt than smaller businesses that rely solely on BIS-provided lists.
Five Gibson Dunn partners have been named in Law360’s Rising Stars 2025 list, which recognizes those lawyers “under 40 whose legal accomplishments belie their age.”
Congratulations to partners Michael Q. Cannon, Gina Hancock, Michael J. Kahn, Eric Meer, and Wesley Sze.
Sticking with real estate and antitrust for the moment, shout-out to Gibson, Dunn & Crutcher partner Christopher Dusseault and associate Sarah Kushner, who represent HomeServices of America in a separate proposed class action brought on behalf of homebuyers alleging that the brokerage conspired with NAR to inflate real estate commissions. U.S. District Judge K. Michael Moore this week granted Home Services’ motion to dismiss, holding that the homebuyers were indirect purchasers lacking antitrust standing since sellers paid the commissions.
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Reprinted with permission from the July 18, 2025 edition of “The AmLaw Litigation Daily” © 2025 ALM Global Properties, LLC. All rights reserved. Further duplication without permission is prohibited, contact 877-256-2472 or asset-and-logo-licensing@alm.com.
Gibson Dunn advised Blue Earth Capital on the $44 million Series B funding round of GeologicAI, a leader in applying advanced AI and high-resolution decision engineering to the critical minerals mining industry.
The Gibson Dunn corporate team was led by partner Federico Fruhbeck and associate Mark Goldman and included associates Sam Shapiro and Hannah Gonzalez. Associates Nate Hancock and Yaz Kaveh advised on IP aspects.
Gibson Dunn advised Luxembourg-based satellite company SES on its $3.1 billion acquisition of US satellite communications provider Intelsat.
Gibson Dunn’s Antitrust & Competition team in the U.S., U.K., and EU coordinated closely to secure unconditional clearances from a dozen competition authorities on six continents, ranging from Nigeria and Papua New Guinea to the U.S., U.K., EU, and other jurisdictions along the way.
The competition clearances enabled the parties to close a transaction that has been described in the press as a “milestone” for the satellite communications industry, creating a major global player with multi-orbit capabilities to challenge LEO mega-constellations.
The Gibson Dunn team secured unconditional clearances despite a global campaign of opposition from certain competitors and customers, including public filings in which the opponents claimed that the transaction was a merger to monopoly in certain sectors. Although prior transactions in the satellite communications industry took almost two years to complete and were nearly blocked in the U.K. and EU, the Gibson Dunn team secured unconditional clearances worldwide in just over 13 months.
Gibson Dunn led highly detailed and technical antitrust reviews canvassing the supply of satellite capacity in various industry sectors including media/broadcasting, aviation, maritime and government (and multiples of possible smaller market segments therein) across the world. The team also provided detailed assessments covering the vertical links between the companies’ activities in the (upstream) supply of satellite capacity and the (downstream) supply of satellite services.
The Gibson Dunn team secured unconditional Phase I clearances in numerous jurisdictions worldwide including the EU, the U.K. and Mexico, with authorities such as the European Commission recognizing that the transaction would allow the companies to “increase coverage and resilience as well as to remain competitive.”
Our team was led by corporate partners David Wilf and Phillip Sanders and associates Nicolette Fata and Willow Stowe. Partner Eric Scarazzo and associate Nneka Chukwumah advised on capital markets; partners Joshua Lipton, Attila Borsos, Ali Nikpay, Sophia Hansell, Scott Hvidt, of counsel Alana Tinkler; and associates Steve Pet and Alexander Merritt advised on antitrust; and partner Matthew Donnelly advised on tax.
Gibson Dunn advised J.P. Morgan and the other initial purchasers in connection with Beach Acquisition Bidco, LLC’s offering of euro-denominated €1 billion 5.250% Senior Secured Notes due 2032 and $2.2 billion 10.000% / 10.750% Senior PIK Toggle Notes due 2033. The proceeds were funded into escrow and are expected to be used to finance a portion of the previously announced acquisition of Skechers U.S.A., Inc. by 3G Capital Partners. Beach Acquisition Bidco, LLC is an affiliate of 3G Capital Partners L.P.
Led by partners Doug Horowitz and Michael Saliba, our corporate team included associates Paul Rafla, Malakeh Hijazi, James Sullivan, Melody Karmana, Caroline Bakewell, and Caroline Simms. Partner Jennifer Sabin and associate Bree Gong advised on tax aspects.
In an interview with Politico Pro’s Morning Trade, partner Matt Axelrod shared his insights on the Trump administration’s approach to export controls, their use in trade negotiations, and his experience as the Assistant Secretary for Export Enforcement at the U.S. Department of Commerce’s Bureau of Industry and Security.
Matt is Co-Chair of our Sanctions and Export Enforcement Practice Group.
Partners Mellissa Campbell Duru, Jina Choi, and Osman Nawaz recently shared their insights with Law360 on the evolving landscape at the U.S. Securities and Exchange Commission (SEC) — including the easing of crypto regulation and proposed regulations on cybersecurity risk management, environmental disclosures, and equity market reform.
Drawing on their deep experience as former SEC officials, our lawyers discussed the agency’s priorities under the Trump administration, anticipated further potential changes, and outlined the steps companies should take to remain compliant in a rapidly shifting regulatory and enforcement environment.
Partner Heather Richardson has been named to the Leaders of Influence: Litigators and Trial Attorneys list by the Los Angeles Business Journal. The list honors the “trusted advisors you want in your corner in court,” who will “go to the proverbial mat to fight for their clients.”