Jan. 10, 2024 - What is a spurned seller’s recourse when a buyer walks away from a deal in breach of the purchase agreement? In private M&A, the answer is reasonably straightforward: sue the buyer to close the deal or to recover damages. In public M&A, however, the answer is murky at best. The problem arises...
Announcement
TPG Real Estate Acquires Cinespace Film Studios
Davies, together with Kirkland & Ellis LLP in Chicago, acted for TPG Real Estate Partners (TREP), the dedicated real estate equity investment platform of alternative asset firm TPG, in its acquisition (and related financing) of Cinespace Film Studios.
Cinespace is the second-largest independent owner of soundstages in North America with a world-class studio real estate platform, operating over 50 soundstages on more than 100 acres in Toronto, Ontario, and Chicago, Illinois.
In addition, TREP plans to continue Cinespace’s work to invest in the local communities by creating opportunities for education and employment in the TV and film industry.
The Davies team that advised on this transaction included David G. Reiner and Stefanie Milner (Real Estate); Kevin Greenspoon, Daniel Pearlman, Zach Hershenfeld and Shimon Sherrington (Corporate/M&A); John M. Ulmer, Paul Lamarre, Brittany Finn, Cadie Yiu and Sabina Han (Tax); Derek R.G. Vesey and Devon W. Comstock (Finance); Sarah V. Powell and Zachary Silver (Environmental); Seann D. McAleese (Employment); Laila Paszti (Technology); Benoit Archambault (IP); and Anita Banicevic (Competition).
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Dec. 11, 2023 - Translation in progress. L’Assemblée nationale a adopté, le 8 décembre dernier, des dispositions qui impacteront de manière draconienne les propriétaires dépossédés de leur terrain par un règlement municipal. Atteinte justifiée au droit de propriété Bien que...
