Category Archives: Attorneys

SAM Client BillGO Acquires Prism

billgoStubbs Alderton & Markiles client BillGO, a B2B payment engine, has announced its acquisition of Prism, an award-winning app that has already paid $1B in bills on behalf of its customers. This will yield a considerable boost to BillGO’s real-time payments (RTP) biller network. BillGO will leverage Prism’s existing network of over 11,000 billers for its customers, widening their already significant lead in the bill payments industry – providing the most advanced eBills (statements) and bill presentment platform.

To read the full press release visit here.

Stubbs Alderton & Markiles’ attorneys acting as counsel BillGO in this deal were John McIlvery, Jonathan Friedman and Nick Feldman.

About 
BillGO constantly creates and innovates past what exists. That drive powers the BillGO team to relentlessly advance payment systems to accelerate speed, efficiency, and security. BillGO provides a simple integration into any existing system that gives payment providers access to a faster, proven bill payments engine. Learn more: https://www.billgo.com/.

For more information about the Mergers & Acquisitions practice, contact John McIlvery at jmcilvery@stubbsalderton.com.

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SAM Partner Kevin DeBré Featured as Guest Lecturer at USC Viterbi School of Engineering

Stubbs Alderton & Markiles’ Partner Kevin DeBré was featured as a guest lecturer at USC’s School of Engineering’s Synchrotron program, where he discussed corporation formation and IP fundamentals.  The Synchrotron is Viterbi Startup Garage’s 8-week evening workshop accelerator. It provides entrepreneurs with a chance to learn the tactical side of setting up a company. Other topics covered in the program include:

  • Strategy: Learn how to use customer discovery, the lean startup method, and strategic partnerships to find your optimal path to your beachhead market.
  • Legal: Get advice from experts on managing corporate and intellectual property issues. Discover ways to avoid expensive (and potentially devastating) problems down the road.
  • People: Your long-term success relies on your ability to build the right team and culture. Learn how to hire and compensate employees, tap into the expertise of advisors/mentors, and keep key stakeholders in the loop.
  • Operations: As a fiscally responsible steward of your business, you’ll need to know what key metrics to track, how to manage cash flow, and what it takes to demonstrate “traction” and so much more.
  • Fundraising: When it comes to securing money to finance your venture, knowledge is power. Understand your options for raising capital, how much to raise and when, the mechanics of cap tables and term sheets, and the overall LA venture landscape.
  • Storytelling: The entrepreneur CEO is the Chief Storyteller, constantly needing to persuade others to follow his/her vision. Learn about story structure, the most important elements of a compelling story, and proven tips from the pros.
  • Pitch Prep: Roll up your sleeves and polish your pitch at this hands-on workshop. Get real-time feedback from other entrepreneurs, friendly VCs and other experienced presenters.
  • Final Pitches: Present your startup to a panel of early stage investors, field their questions, and get constructive feedback. The session will conclude with an panel discussion about how to excel in the fundraising process.

To find out more about Stubbs Alderton & Markiles’ Intellectual Property & Technology Transactions practice contact Kevin DeBré at kdebre@stubbsalderton.com

Kevin D. DKevin DeBré eBré is the chair of the Firm’s Intellectual Property & Technology Transactions Practice Group.  Kevin advises entrepreneurs and companies that use intellectual property to build their businesses.  Kevin has particular expertise in structuring and negotiating technology commercialization and patent licenses, strategic alliances, research and development collaborations, trademark licensing and brand merchandising agreements and manufacturing, distribution and marketing arrangements.  He also counsels clients on compliance with data security and privacy laws and regulations.

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SA&M Client AllTrails Receives New Investment and Majority Recapitalization From Spectrum Equity

alltrailsStubbs Alderton & Markiles’ client AllTrails, an online database of curated digital outdoor maps, has received a significant investment from Spectrum Equity, in connection with Spectrum’s acquisition of a majority stake in the Company, to help accelerate product development, add more trail content around the world and grow the Company’s user base. AllTrails was advised by Stubbs Alderton & Markiles while GP Bullhound served as financial adviser. Spectrum Equity was advised by Latham & Watkins. Financial terms of the transaction were not disclosed.

To read the full press release visit here.

Stubbs Alderton & Markiles’ attorneys representing AllTrails in this deal are Louis Wharton, Marc Kenny, Kelly Laffey, and Grace Kim.

About AllTrails

AllTrails helps people explore the outdoors with the largest collection of detailed, hand-curated trail maps as well as trail reviews and photos crowdsourced from its community of over 9 million hikers, mountain bikers and trail runners. AllTrails has the #1 Outdoors app for iOS & Android with more than 12 million mobile downloads and reaches 44 million people each year through alltrails.com, the App Store and Google Play.
For more information visit www.alltrails.com

For more information about our Mergers and Acquisitions practice area contact Louis Wharton at lwharton@stubbsalderton.com

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SA&M Client Cloud Logistics Acquired by E2open

cloud logistics logoStubbs Alderton & Markiles client Cloud Logistics, a leading innovator of transportation management systems, was acquired by E2 Open, a provider of cloud-based, on-demand software for supply chains. E2open with Cloud Logistics will offer a unified supply chain platform, providing visibility, collaboration, planning and execution for an extensive network of global trading partners.

To read the full press release visit here.

Stubbs Alderton & Markiles’ attorneys representing Cloud Logistics in this deal are Sean GreaneyJohn McIlveryGrace Kim, and Alia Delpassand. 

About Cloud Logistics

Cloud Logistics provides the newest generation of transportation management solutions for the global supply chain market. Cloud Logistics’ TMS offers a modern, intuitive user experience to simplify carrier selection load tendering, communication, visibility, payment, and reporting, even offering same-day TMS. Our solutions make the complexities of order collaboration, communication, and international transportation management fast, simple and beneficial for companies of any size. The offering includes a unique user experience, customizable alerts, social technology for business, and a mobile application designed specifically for drivers.
For more information visit www.gocloudlogistics.com.

For more information about our Mergers and Acquisitions practice area contact Sean Greaney at sgreaney@stubbsalderton.com

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SAM Attorney John De La Merced Appointed to UCLA School of Law Alumni Association Board of Directors

ucla law alumni

Congratulations to Stubbs Alderton & Markiles attorney John De La Merced for his appointment to the UCLA School of Law Alumni Association Board of Directors. The UCLA School of Law Alumni Association has over 17,000 Bruin alumni members and seeks to establish and nurture a lifelong relationship between the school and its alumni in an effort to strengthen the legal community and to assist in the development of the full potential of UCLA School of Law.  The Board of Directors governs activities and policies of the UCLA Law Alumni Association.

For more information about the Board of Directors, visit here.

John De La Merced

John R. De La Merced is an associate of the Firm.  His practice focuses on business litigation, which includes commercial, intellectual property, and real estate disputes.  His experience encompasses all aspects of the litigation process, including managing client matters, drafting operative pleadings and responses, law and motion practice, discovery, mediation, client counseling and assisting in arbitration and trial. John is currently the President-Elect of the Philippine American Bar Association and is a member of its board of governors.  In 2019, he will serve as the organization’s President.  John also serves on the board of governors for the Asian Pacific American Bar Association of Los Angeles County, and on the advisory committee for the St. Thomas More Society of Los Angeles.

For more information about our Business Litigation Practice or questions contact John De La Merced at jdelamerced@stubbsalderton.com

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SA&M Client Quintron Solutions Acquired by Solutionz, Inc.

Quintron SystemsStubbs Alderton & Markiles, LLP client Quintron Solutions, a central California-based A/V integrator, and communication systems manufacturer, was acquired by Solutionz, Inc., a Fernandez Holdings (“FHI”) portfolio company. Quintron’s manufacturing division, government contracts, and resources will help expand both companies’ ability to design, build, and manage technology deployments for existing and future customers.

To read the full press release visit here.

Stubbs Alderton & Markiles’ attorneys representing Quintron Solutions in this deal are Scott Galer and Nick Feldman.

About Quintron Systems, Inc:
Since 1970 Quintron has provided high technology and cost-effective solutions to government and industry in support of mission critical communications for command and control requirements. In addition to providing advanced products and systems, Quintron’s professional technical service capability provides a superior level of customer satisfaction. Quintron’s engineering services provide off-the-shelf, requirements-driven solutions, or a customized combination to solve the toughest of challenges facing customers. Quintron delivers systems that meet or exceed customer expectations. For more information please visit: www.quintron.com

For more information about our Mergers and Acquisitions practice area contact Scott Galer at sgaler@stubbsalderton.com 

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SAM Client Atomico Invests in Series D Funding Round For MasterClass

Stubbs Alderton & Markiles, LLP client Atomico participated in MasterClass’s Series D funding round along with IVP, Javelin Ventures, NEA, Advancit Capital, and Evolution Media raising a total of $80M. This round of funding will be used to expand internationally and to bring more celebrities to MasterClass’s curriculum.

To read the full press release visit here.

Stubbs Alderton & Markiles’ attorneys representing Atomico in this deal are Caroline Cherkassky and Nick Feldman.

About Atomico
Atomico invests in disruptive technology companies with ambitious founders from Series A onwards. Our experienced team includes founders and operators from the world’s most successful technology firms who partner with our companies as they scale to become global winners. Founded in 2006, Atomico has made over 80 investments into companies including Supercell, Klarna, Stripe, ofo, Lilium, 6Wunderkinder and The Climate Corporation. Atomico’s team includes founders of six billion dollar companies, and operational leaders who were responsible for global expansion, hiring, user growth, and marketing at companies from Skype and Google to Uber, Facebook, and Spotify.

For more information about our Emerging Growth & Venture Capital Practice, contact Caroline Cherkassky at ccherkassky@stubbsalderton.com 

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SEC Amends Rules to Expand Pool of Public Companies that Qualify as “Smaller Reporting Companies”

SECThe Securities and Exchange Commission (SEC) recently adopted rule amendments that are intended to promote capital formation and reduce compliance costs for small public companies, while maintaining appropriate investor protections.  Effective as of September 10, 2018, the definition of “smaller reporting company” will be amended to allow more companies to qualify as smaller reporting companies, and take advantage of scaled disclosure requirements in their reports they file with the SEC.  The rule amendments adopted by the SEC provide that a company with a public float of less than $250 million (i.e. voting and non-voting common stock held by non-affiliates as of the last business day of the company’s most recently completed second fiscal quarter) will qualify as a smaller reporting company.  In addition, the new rules provide that companies with less than $100 million in annual revenues and either no public float or a public float that is less than $700 million will qualify as smaller reporting companies.

Smaller Reporting Company Test Current Rule to Qualify as Smaller Reporting Company Revised Rule to Qualify as Smaller Reporting Company
Public Float Test Public float of less than $75M Public float of less than $250M
Revenue Test Less than $50M of annual revenues and no public float Less than $100M of annual revenues and public float of less than $700M (or no public float)

The new rules also provide that if a company exceeds the thresholds listed above and therefore fails to qualify as a smaller reporting company, the company will remain unqualified until it meets other lower caps set at 80% of the initial qualification caps as of a date of annual determination.  This is designed to avoid scenarios where companies enter and exit smaller reporting company status because of small fluctuations in their public float or revenues.  For example, to qualify as a smaller reporting company under the public float test, a company would need to have a public float of less than $200 million if it had a public float of $250 million or more in the prior year and under the revenue test, a company would need to have less than $80 million of annual revenues if it previously had $100 million or more of annual revenues and less than $560 million of public float if it previously had $700 million or more of public float.

Smaller Reporting Company Test if Initial Thresholds are Exceeded Current Rule to Qualify as Smaller Reporting Company Revised Rule to Qualify as Smaller Reporting Company
Public Float Test Public float of less than $50M Public float of less than $200M, if it previously had $250M or more of public float
Revenue Test Less than $40M of annual revenues and no public float Less than $80M in annual revenues if it previously had $100M or more of annual revenues; and public float of less than $560M, if it previously had $700M or more of public float

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Jonathan Friedman

Jonathan Friedman is Partner at the law firm of Stubbs Alderton & Markiles, LLP. Jonathan advises a wide range of both public and private clients, including development-stage, emerging-growth, and middle-market companies as well as angel investors, venture capital firms and strategic investors. Jonathan’s practice focuses on corporate finance, mergers and acquisitions, securities law, intellectual property licensing and general corporate and business matters. Jonathan also has experience forming venture capital funds.  Jonathan has represented corporations and other entities in a variety of industries, including Internet and e-commerce, apparel, medical devices, entertainment and high technology.

Jonathan has substantial experience managing strategic transactions, including private equity and debt financings transactions, mergers and acquisitions in the public and private markets, offerings by public companies and angel and venture capital financing transactions. In addition, Jonathan counsels companies in connection with SEC reporting requirements and registrations, federal and state securities laws, corporate governance issues, joint ventures and strategic alliances and commercial contracts. Jonathan also has expertise in advising companies in their formation process.

As part of his practice, Jonathan facilitates cross-border financings, mergers and acquisitions and expansions by companies into new markets and works to promote bi-lateral trade opportunities between Canada and the United States that will result in the job creation, investment connection and trade partnership support.

To learn more about our Public Securities Practice, contact Jonathan Friedman at jfriedman@stubbsalderton.com

 

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SAM Client CDTi Advanced Materials Announces Closing of Rights Offering

cdtiStubbs Alderton & Markiles client, CDTi, a leader in advanced emission control technology,  announced the closing of its previously announced rights offering.  At the closing, they issued and sold an aggregate of 4,427,563 shares of its common stock at the subscription price of $0.50 per share, pursuant to the exercise of subscriptions and oversubscriptions in the rights offering from its existing stockholders.  CDTi received aggregate gross proceeds of approximately $2.2 million from the rights offering before deducting offering expenses.

To read the full press release visit here.

Stubbs Alderton attorney representing CDTi Advanced Materials in this transaction was Louis Wharton.

About CDTi Advanced Materials
CDTi develops advanced materials technology for the emissions control market. CDTi’s proprietary technologies provide high-value sustainable solutions to reduce hazardous emissions, increase energy efficiency and lower the carbon intensity of on- and off-road combustion engine systems. With a continuing focus on innovation-driven commercialization and global expansion, CDTi’s breakthrough Powder-to-Coat (P2C™) technology exploits the Company’s high-performance, advanced low-platinum group metal (PGM) emission reduction catalysts. Key technology platforms include Synergized PGM (SPGM™) and Spinel™. For more information, please visit www.cdti.com.

For more information about our Public Securities practice, contact Louis Wharton at lwharton@stubbsalderton.com

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Celina Kirchner

Celina Kirchner

Associate

Celina Kirchner

Direct Voice/Fax/Text: 818.444.4553
Mobile: 818.489.3832
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Celina Kirchner is an associate in the Business Litigation practice area.

Celina’s civil litigation practice focuses on all areas of business and commercial litigation, with a particular emphasis on digital media, technology, internet, privacy, emerging companies, insurance, breach of contract, fraud, and complex business disputes.  In her practice, Celina works closely with business professionals of all levels in order to develop practical strategies for resolving their disputes.  She also advises businesses on formation, governance and contracting matters in the hope that they can avoid litigation altogether.  Having worked with clients of all sizes, Celina understands that every case is unique and, ultimately, comes down to people.  She focuses on the human element of her cases and communicates in an understandable, business manner.  In the end, Celina endeavors to make what can be a stressful time for her clients as smooth as possible.

Celina is a frequent speaker at events centered around digital media and the burgeoning Silicon Beach community.  She was named to the 2016, 2017, and 2018 Southern California Super Lawyers Rising Stars lists, a distinction reserved for only the top 2.5% of lawyers in the state.

She earned her J.D. from the University of Southern California Gould School of law where she focused her coursework on the internet, digital media, and emerging companies.  Celina attended Yale University as an undergraduate, where she earned a Bachelor of Science in Psychology and was chosen as the Class Insight Speaker, where she gave a speech after Bill Clinton.  She is admitted to practice law in the State of California.

practice & experience

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