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Freshfields Handles Massive Equity PIPE for Emerald Special Committee

Freshfields is representing the Special Committee of the Board of Directors of Emerald Holdings, a leading trade show operator, in an extraordinary transaction that involves the issuance of preferred stock, for an aggregate subscription price of nearly twice the existing market cap of Emerald, to the company’s controlling stockholder, Onex, and the use of innovative structuring to assure the proceeds arrive expeditiously, while including safeguards and opportunities to participate for the minority stockholders.

The Freshfields team includes corporate partners Ethan Klingsberg and Paul Tiger, corporate counsel Andrea Basham, corporate associates Vinita Sithapathy and Chase Lax, tax partner Claude Stansbury and litigation partner Meredith Kotler. All these lawyers are from the NY office other than Claude who is based in DC.

The full press release by Emerald can be found here.

ENDS

Notes to editors:

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

For more information contact:

Nicholle Romero
Nicholle.romero@freshfields.com
+1 212 284 4987

Elliott Frieder
Elliott.frieder@freshfields.com
+1 212 230 4664

The Freshfields team was led by: