Gibson Dunn is advising Dynamix Corporation, a special purpose acquisition company, in its business combination with The Ether Machine, Inc., a newly formed entity enabling public market investors to access Ethereum yield.
The Ether Machine will go public with over $1.5 billion in fully committed capital.
Our team is led by partners Evan M. D’Amico and Gerry Spedale and includes partner Harrison Korn and associates Sam Harris, Allan Jeanjaquet, and Jason Ferrari. Partner Edward Wei and associate Doug Bresnick are advising on tax matters, and partner Jeffrey Steiner is advising on digital assets and financial regulatory matters.
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.
Gibson Dunn is advising the J.R. Simplot Company on its acquisition of the operating business of Clarebout Potatoes.
The J.R. Simplot Company is a privately held food and agriculture company headquartered in Boise, Idaho. Clarebout Potatoes is a leading potato processing company based in Belgium.
Our corporate team is led by partner Phillip Sanders and includes associate Tracey Tomlinson, as well as partner Will McDonald and of counsel Michael Skouras. Partner Doug Horowitz and of counsel Andy Chen are advising on financing; partner James Jennings and associates James Chandler and Nathan Sauers are advising on tax; partner Kate Napalkova is advising on benefits; and partners Christian Riis-Madsen and Stephen Weissman are advising on antitrust.
Gibson Dunn’s pro bono practice is ranked among the top in The American Lawyer’s 2025 Pro Bono Report, at #9 nationally (up eleven spots from 2024) and #10 internationally (up two spots from 2024) — and it is the only firm in the Top 10 both in The American Lawyer’s Pro Bono rankings and in AmLaw’s ranking of firms by revenue.
AmLaw’s pro bono rankings are based on a score that weighs equally the average number of pro bono hours per lawyer in 2024 and the percentage of lawyers who performed more than 20 hours of pro bono work in 2024.
As part of a feature highlighting some of the legal industry’s best pro bono efforts, the AmLaw report included our firm’s work on launching the Campus Antisemitism Legal Line (CALL), a free legal helpline intended to protect students and professors facing antisemitic hate, violence, and discrimination on college campuses. Gibson Dunn invested more than 3,000 hours in this effort last year.
Over the past decade, our lawyers have dedicated over 1.4 million hours valued at more than $1 billion to pro bono work across the U.S. and around the world — over 206,000 hours in 2024 alone. Commenting on the growth of our Pro Bono Practice and the meteoric rise in our AmLaw Pro Bono rankings, partner Katie Marquart, Pro Bono Chair, said: “We are so proud of the incredible growth that the firm’s Pro Bono Practice has experienced over the past several years, and which we expect to continue in the future.”
Gibson Dunn represented The Williams Companies, Inc. in a public offering of $750 million aggregate principal amount of 4.625% Senior Notes due 2030 and $750 million aggregate principal amount of 5.300% Senior Notes due 2035. Barclays Capital Inc., Citigroup Global Markets Inc., MUFG Securities Americas Inc., and Scotia Capital (USA) Inc. acted as representatives of the Underwriters.
Our team included partner Robyn Zolman and associates Nicholas Linke, Sarah Ediger, and Lauren Guzman. Partner Dora Arash and associate Bree Gong advised on tax.
Gibson Dunn is advising Marriott International on its proposed minority equity investment in Concept Hospitality Private Limited, one of India’s leading hotel management companies with a portfolio of six brands, including The Fern, The Fern Residency, and The Fern Habitat, and over 100 hotels operating in 90 locations.
Our team is led by partner Marwan Elaraby and includes associates Krishna Parikh and Anthony Forde. Partner Attila Borsos, of counsel Claire Shepherd, and associate Christian Liborius are advising on antitrust aspects.
Gibson Dunn advised Liberty Hall Capital Partners on its acquisition of Paxia, Inc., which provides airlines with cloud-based catering and onboard-services management solutions that include galley planning, service scheduling, meal ordering, inventory control, and invoice reconciliation.
Our corporate team was led by partners John Pollack and Chris Harding and of counsel David Sandyk and included associates Kiel Sauerman and Uyen Tu. Partners A.J. Frey and Michael Saliba, of counsel John Kim, and associates Curtis Vella, Sam Stender, James Sullivan, and Virinchi Sindhwani advised on equity financing. Partner Aaron Adams, of counsel Tom Brower, and associates Victoria Jones Yilmaz and Ruoqi Wei advised on debt financing. Partner Kathryn Kelly and associate Doug Bresnick advised on tax aspects, and partner Michael Collins and associate Ashley Romanias advised on benefits.
Gibson Dunn has scored a groundbreaking win for seven trade associations and a small business representing a broad coalition of American industries by obtaining vacatur of the U.S. Federal Trade Commission’s “Click-to-Cancel” Rule for recurring subscriptions — a Rule that would have imposed new, burdensome obligations on hundreds of thousands of companies offering commonly available, convenient subscriptions to customers for everything from newspapers and pet food deliveries to security and medical monitoring services. The Eighth Circuit Court of Appeals unanimously held that the FTC failed to comply with a critical procedural requirement by issuing the Rule. This is Gibson Dunn’s second major victory against the FTC in the litigation over this Rule.
The FTC Act allows the Commission to promulgate rules that define “unfair or deceptive acts or practices,” but only after following a number of procedures that go above and beyond the typical APA requirements for other agencies. These requirements include issuing a “preliminary regulatory analysis” for public comment if a proposed rule amendment will affect the national economy by $100 million or more annually. Although the proposed Rule here would affect a type of contract that over three-quarters of consumers use, the FTC initially claimed that the Rule wouldn’t affect the economy by $100 million or more. Even though an ALJ later found otherwise and the FTC admitted that the Rule would have such effects, it never issued a preliminary regulatory analysis for public comment.
Gibson Dunn petitioned for review of the Rule in four different courts of appeal. When multiple petitions are filed in multiple courts of appeal, the federal “lottery statute” requires the agency to transmit those petitions to the Judicial Panel on Multidistrict Litigation for consolidation in one randomly chosen court. But the FTC refused to transmit the petitions, saying it had not yet “issued” the Rule. Gibson Dunn asked the Fifth Circuit Court of Appeals for an emergency writ of mandamus, which the Fifth Circuit unanimously granted.
The Gibson Dunn team then proceeded to the merits. The cases were consolidated in the Eighth Circuit Court of Appeals, where our lawyers argued, among other things, that the FTC’s procedural failure mandated vacatur of the Rule. Less than a month after oral argument and one week before the Rule was set to take effect, the Eighth Circuit panel unanimously agreed with Gibson Dunn and, in a groundbreaking opinion about the FTC’s procedural obligations, vacated the Rule in full, rejecting all the FTC’s arguments. This ruling preserves the recurring subscription business model that serves business and customers, and it affords much-needed relief to companies spanning almost all industries that would have otherwise been subject to the new Rule.
The case is Custom Alarm v. Federal Trade Commission, No. 24-3137.
The Gibson Dunn team includes partners Helgi Walker, Lucas Townsend, Allyson Ho, and Brad Hubbard and associates Michael Corcoran, Brian Richman, and Connor Mui.
Gibson Dunn is advising Merck & Co., Inc., one of the world’s largest pharmaceutical companies, on its $10 billion acquisition of Verona Pharma plc, a biopharmaceutical company focused on respiratory diseases.
The Gibson Dunn antitrust team includes partners Steve Weissman and Michael Perry and associate Tristan Locke.
Gibson Dunn advised Constellation Wealth Capital, an alternative asset management platform focused on supporting the long-term growth of independent wealth management firms, on its strategic minority investment in Merit Financial Advisors.
Led by partners Michael Piazza and Daniela Stolman, our corporate team included associates Andrew Abell, George Hang, Adri Langemeier, Luke Smith, and Hunter Michielson. Partner Cromwell Montgomery, of counsel Ryan Searfoorce, and associates Nicole Kim and Sonari Chidi advised on financing; partner Daniel Zygielbaum and of counsel Kate Long advised on tax; partner Sean Feller and associate Spencer Bankhead advised on benefits; partner Eve Mrozek and associates Tom Rossidis and Ryan Adlem advised on investment funds; partner Kevin Bettsteller advised on regulatory aspects; partner Daniel Angel advised on IP; partner Cassandra Gaedt-Sheckter advised on data privacy; and partner Kimberly Schlanger advised on real estate.
Gibson Dunn advised Bank of America and the other initial purchasers on AMC Network’s $400 million 10.500% Senior Secured Notes due 2032.
Our team included partners Doug Horowitz and Doug Rayburn, of counsel Justine Robinson, and associates Malakeh Hijazi, Sonari Chidi, Alexis Levine, and Caroline Simms. Partner Jennifer Sabin, of counsel Kate Long, and associate Eugene Wei-En Woo advised on tax; partner Christopher Timura advised on regulatory matters; partner Meghan Hungate and associate Lucy Musson advised on intellectual property; and partner Cassandra Gaedt-Sheckter and associate Courtney Wang advised on cybersecurity.
Gibson Dunn is pleased to announce that Eugene Y. Park has joined the firm’s New York office as a partner in the Business Restructuring and Reorganization and the Liability Management and Special Situations Practice Groups. Eugene leads high-profile and complex financing transactions in the rescue and distressed space.
Commenting on Eugene’s arrival, Scott J. Greenberg, Global Chair of the Business Restructuring and Reorganization Practice Group, said: “Eugene is one of the industry’s next-generation stars—a well-known and highly respected distressed financing and restructuring advisor. His rare combination of experience in both areas will be invaluable to our market-leading platform. As restructurings and distressed financings continue their sharp upward trajectory, Eugene brings significant depth—particularly on the lender side—positioning us to meet the incredible global demand from our clients.”
“Gibson Dunn’s momentum is palpable, and I’m excited to join a growth-minded and incredibly ambitious team to supercharge my practice,” said Eugene. “Gibson Dunn has built its restructuring practice—representing both debtors and creditors—into a leading global powerhouse that is best positioned for today and the future. Having worked across the table from Gibson Dunn lawyers, I know firsthand the team’s impressive bench strength, collaborative approach, and unparalleled market knowledge. I look forward to working alongside my new colleagues to guide clients through complex restructurings.”
Steven Domanowski, Chair of the firm’s Liability Management and Special Situations Practice Group, added, “In this highly active distressed environment, Eugene’s addition will deepen our bench with an exceptionally skilled and experienced professional who will help clients address a variety of complex credit challenges.”
The firm’s Business Restructuring and Reorganization Practice Group has expanded its global offering over the past few years, with Eugene as the most recent addition to the team. In May, restructuring partner Andrew Cheng rejoined the firm in Los Angeles; and in March, senior restructuring partners Chris Howard and Presley Warner joined in London. The group’s additions also include partners Lisa Stevens (London), Caith Kushner (New York), and Ryan Kim (New York), as well as the promotions of Stephen D. Silverman (New York) and Melissa L. Barshop (Century City) to partner.
Gibson Dunn’s Business Restructuring and Reorganization Practice Group advises on the largest and most complex restructurings globally, dominating the market in the U.S. and Europe. It was named Lead Counsel in Debtwire’s Restructuring Advisory Mandates Report for North America in both 2023 and 2024. Within the practice, the Liability Management and Special Situations team has emerged as a pioneer in liability management, focused on devising and executing tailored solutions for ad hoc groups of debt holders and other debt investors.
About Eugene Y. Park
Eugene’s practice focuses on special situation and opportunistic financing transactions. He represents borrowers, equity sponsors, and credit investors in a wide range of liability management matters, opportunistic and distressed financings, and restructurings.
Prior to joining Gibson Dunn, Eugene served as a partner at another international law firm. He earned his law degree from the University of Chicago Law School in 2016.
The U.S. Supreme Court has granted a Gibson Dunn pro bono team’s petition for certiorari in Olivier v. City of Brandon et al., a civil rights case in which our team was supported by a diverse coalition of 11 amicus briefs.
Gabriel Olivier, an evangelical Christian, shared his faith on a public sidewalk near the City of Brandon, Mississippi’s amphitheater during well-attended events. He was silenced when the City adopted an ordinance prohibiting him from communicating his religious beliefs on the public sidewalk, and then arrested him for violating the ordinance by continuing to share his faith. After paying a fine, he sued the city in federal court, challenging the constitutionality of the ordinance.
The district court dismissed his lawsuit without considering the merits, relying on a Supreme Court decision that the U.S. Court of Appeals for the Fifth Circuit has applied to prevent persons convicted under a law from challenging the constitutionality of that law. The Fifth Circuit affirmed and then declined to revisit its past precedent by a narrow one-vote margin over vigorous dissents. Now the Supreme Court will hear his case.
“We’re pleased the Court agreed to take up this important case, and we look forward to presenting our arguments that Mr. Olivier is entitled to his day in court,” said Gibson Dunn partner Allyson Ho, who is leading our pro bono team. The team includes associates David Casazza, Aaron Smith, and Savannah Silver. Our co-counsel is the First Liberty Institute.
Gibson Dunn advised HealthCare Royalty and Blue Owl Capital on their acquisition from BridgeBio Pharma of its royalty interest in Bayer’s BEYONTTRA® for $300 million.
BEYONTTRA® is approved in Europe for the treatment of patients with Transthyretin Amyloid Cardiomyopathy (ATTR CM), a rare, progressive heart disease. In exchange for the upfront payment, HealthCare Royalty and Blue Owl are entitled to 60% of royalties on the first $500 million of annual BEYONTTRA® net sales in Europe, with an initial cap of up to 1.45 times the purchase price.
Our corporate team included partners Todd Trattner, Ryan Murr, and Catie Sakurai. Partners Jin Hee Kim and Ryan Kim and associate Kali Jelen advised on finance, partner Jeff Krause advised on restructuring, and partner Pamela Endreny and associate Ryan Rott advised on tax.
Gibson Dunn successfully represented Hewlett Packard Enterprise (HPE) in securing a settlement with the U.S. Department of Justice (DOJ) that cleared the way for HPE’s $14 billion acquisition of Juniper Networks.
HPE announced its agreement to acquire Juniper in January 2024, the DOJ filed suit to block the acquisition in January 2025, and the settlement was reached on June 27, less than two weeks before the scheduled start of trial.
Our team included partners Samuel Liversidge, Stephen Weissman, Michael Perry, Kristen Limarzi, Jamie France, and Daniel Nowicki and associates John Matthew Butler, Courtney Spears, Thomas Tyson, Austin Donohue, Ming Lee Newcomb, and Tate Rosenblatt.
Gibson Dunn advised on Ford Motor Credit Company’s public offering of €1 billion aggregate principal amount of its 3.622% Fixed Rate Euro Notes due 2028.
The Ford Motor Credit Company is the financial services arm of the Ford Motor Company. Barclays Bank PLC, BNP PARIBAS, Commerzbank Aktiengesellschaft, Goldman Sachs International, ICBC Standard Bank Plc, Société Générale, Banco Santander, S.A., and Standard Chartered Bank acted as agents.
The Gibson Dunn team was led by partners Andrew Fabens and Robert Giannattasio and included associates Sarah Ediger and Mariana Lozano.
Gibson Dunn is advising Rehlko, a global leader in energy resilience, on the sale of its Curtis Instruments business to Parker Hannifin Corporation, the global leader in motion and control technologies, for approximately $1 billion.
Our corporate team is led by partners Matthew Dubeck and Chris Harding and includes associates Kiel Sauerman, Uyen Tu, and Héctor González Medina. Partner Dora Arash is advising on tax, partner Sean Feller on benefits, partner Kari Krusmark on commercial transactions, partner Michael Murphy on environmental aspects, and partner Christopher Timura on international trade.
Gibson Dunn announced today that Dean Masuda has joined the firm’s New York office as a partner in the Finance Practice Group. A leading debt finance lawyer, Dean advises private equity sponsors and their portfolio companies on leveraged acquisition financings.
“Dean is an incredibly versatile finance lawyer and an exciting addition to our growing team in New York,” said Aaron F. Adams, Co-Chair of the firm’s Finance Practice Group. “Dean is thoughtful, energetic, and entrepreneurial, and his deep experience navigating large cap syndicated and privately placed leveraged acquisitions will be invaluable to our clients as they look for market opportunities.”
“Gibson Dunn has an outstanding reputation and a clear emphasis on transactional growth, with private equity as a primary driver, and I’m thrilled to begin the next chapter of my career as a member of the fast-growing team,” said Dean. “As funds continue to deploy capital in today’s market, choosing the right financing structure can be critical to realizing success. The synergies between Gibson Dunn’s finance and dealmaking teams are seamless, resulting in creative solutions that help clients best meet their investment objectives. I look forward to working alongside these exceptional, collaborative colleagues to continue the upward trajectory of the firm’s premier transactional platform.”
The firm’s transactional practices in New York have experienced significant synergistic growth with the addition of more than a dozen lateral partners over the past few years. Recent arrivals include capital markets partner Michael Saliba, private credit partner Ryan Kim, M&A partner George Sampas, private equity partner Brian Scrivani, and special situations partner Caith Kushner.
About Dean Masuda
Dean represents private equity sponsors and their portfolio companies as they navigate complex leveraged financing transactions. He has represented some of the most well-known investment firms in the market.
Prior to joining Gibson Dunn, Dean served as a partner at an international law firm. He earned his law degree from Columbia Law School in 2015, where he was a Harlan Fiske Stone Scholar.