Aug. 15, 2022
Law360 named Nelson Mullins Riley & Scarborough LLP a Florida Powerhouse in 2022, noting the Firm produced significant results in litigation for top clients in the state and across the country, while also handling major transactional, real estate and finance work, and making advances in emerging technological sectors.
Litigation wins include defeating a putative class action that accused Carnival Corp. of misleading shareholders during the early days of the COVID-19 pandemic; helping obtain a dismissal of claims against GlaxoSmithKline in multidistrict litigation alleging its Zantac drug contained a known carcinogen; and obtaining a settlement from the University of Central Florida over a failed partnership to develop and operate NeoCity.
Notable transactions included the $410 million sale of the Autopistas del Nordeste and Boulevard Turistico del Atlantico toll road projects and related concessions back to the government of the Dominican Republic; Jaguar Fund No. 1 LP's $144 million acquisition of shares in Telefonica Moviles El Salvador SA, one of El Salvador's leading mobile phone companies; and The Reynolds and Reynolds Co.'s acquisition of Florida-based dealer-client software platform Gubagoo Inc. Nelson Mullins represented pilot training provider Avenger Flight Group in connection with a $155 million senior financing facility from a group of syndicated lenders and represented Canacol Energy Ltd. in connection with a $500 million private offering.
The Firm's real estate attorneys negotiated an impressive series of leases for 830 Brickell, a Class-A office tower rising in Miami's financial district, including full-floor or multiple-floor deals with Microsoft Corp., Thoma Bravo LP and Canadian firm CI Financial Corp. Attorneys represented The Bainbridge Cos. in the $83.15 million sale of a 276-unit apartment community in Jacksonville, and the closing of a joint venture, land acquisition and construction loan for a 300-unit multifamily community in Orlando.
In February, partners and associates in the firm's fintech and regulation practice, led by members in Miami and Boston, started an affinity group for women in fintech known as WinFin, which aims to support and present women as leaders in the fintech arena. This led to the firm teaming up with Miami Dade College and Silicon Valley Bank to host a "Women in FinTech Conference" in Miami at the end of March. The event drew 100 attendees.
According to Law360, Regional Powerhouse firms are handling some of the biggest deals and most high-profile courtroom battles across nine states, offering clients regional expertise and making a lasting impact on the law at the state and local level.
Nelson Mullins has won this award multiple times, including most recently in 2021.
Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 930 attorneys and government relations professionals with offices in 15 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.
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