In May 2023, Day Pitney represented a state pension fund in connection with a $150 million investment into a $5.2 billion private equity fund focused on investments in control positions in North American headquartered underperforming industrial companies. The Day Pitney Institutional Investor group, consisting of Peter Bilfield, Shant Chalian, Lydia Lee, Tim Spiegel and Kim Morabito, with U.S. tax assistance from Justin Hannan and Emily Byrnes, and ERISA assistance from David Doyle, negotiated the terms of the amended and restated agreement of limited partnership, investment management agreement, form of guarantee and side letter, securities, partnership, tax and enforceability opinions, and subscription agreement. The Day Pitney team also advised the client on all aspects of the investment, including, management fee offsets, limitations on indebtedness, information rights on follow-up investments, alternative investment vehicle provisions, co-investment rights, expense allocations, cause standards, diversification and investment guidelines, exculpation and indemnification provisions, and sponsor fiduciary duties.
Day Pitney Data Privacy, Protection and Litigation chair William Roberts authored an op-ed with CBIA's President and CEO Chris DiPentima titled "Here Are Preemptive Measures to Limit a Cyberattack's Damage to Your Business," for the Hartford Business Journal.
On April 10, Day Pitney Family Office practice chair R. Scott Beach was a panelist Botoff Consulting's Family Governance Compensation Report webcast alongside Dennis Jaffe (BanyanGlobal Family Business Advisors) and Trish Botoff.
Day Pitney Real Estate, Environmental and Land Use practice co-chair Craig Gianetti was featured in Gothamist article "Court Tells Wealthy NJ Town: We'll Decide Where You'll Put Affordable Housing."
Day Pitney's Executive Committee, Executive Board and department leadership changes were featured on CityBiz.
Day Pitney's Executive Committee, Executive Board and department leadership changes were featured in Law360 Pulse.
Day Pitney Real Estate, Environmental and Land Use Partner Steven Wernick is featured in the Miami Herald article "The End of Single-Family-Only Home Suburbs? Miami-Dade Zoning Rule Impact Could Be 'Sweeping'."
Day Pitney Real Estate, Environmental and Land Use practice co-chair Craig Gianetti was featured in Law360 article "NJ Bill Paves An Aggressive Affordable-Housing Path."
Day Pitney Real Estate, Environmental and Land Use Counsel Joseph A. Ruiz was featured in the South Florida Business Journal article "Local Distillery Proposes Location in Miami-Dade Warehouse."
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