Media Mentions
2007
Rick Mitchell was quoted in an August edition of Global Turnaround regarding the lessons to be learned from the Schefenacker restructuring. "The Schefenacker deal represents the success of consensus and common sense," he said.
Richard Mitchell, Restructuring & Insolvency
Rick Mitchell, Uwe Goetker, Norbert Schulte, Dirk Pohl, Volker Teigelkotter, Oliver Köster, Georgia Quenby, Loyala de Silva, Kate Geraghty, Stuart Sinclair and Razia Begum were mentioned in the August issue of Juve Rechtsmarkt regarding the advise of the owner of the Group, Dr Alfred Schefenacker on all aspects of the consensual restructuring of the Schefenacker Group.
Loyala de Silva, Kate Geraghty, Uwe Goetker, Richard Mitchell, Dirk Pohl, Georgia Quenby, Norbert Schulte, Stuart Sinclair, Volker Teigelkötter, Corporate, Employee Benefits & Pensions, Germany, London, Tax
Uwe Goetker, Norbert Schulte, Rick Mitchell, Georgia Quenby, Dirk Pohl and Volker Teigelkotter were mentioned in the July 11 issue of Börsenzeitung regarding the representation of Dr. Alfred Schefenacker, owner of the Schefenacker Group, in connection with the Group's comprehensive financial and operational restructuring.
Uwe Goetker, Richard Mitchell, Dirk Pohl, Georgia Quenby, Norbert Schulte, Volker Teigelkötter, Corporate, Employee Benefits & Pensions, Germany, London, Tax
Rick Mitchell was quoted in a July 2 article published by Bloomberg regarding the completion of a 500 million-euro debt restructuring for Schefenacker Plc. Mr. Mitchell discussed how Schefenacker’s move from Germany to England assisted in the Chapter 15 filing. "The restructuring would have been a little bit awkward without the Chapter 15 filing. The high–yield bonds are governed under U.S. law," he said.
Richard Mitchell, Restructuring & Insolvency
2006
Rick Mitchell was quoted in a November 13 article published by Financial Times regarding the appeal of private equity firms listing in the U.S. Financial Times reports that if funds are listed in the U.S., they could take advantage of the far bigger investor base and the culture of venture capital investing. Mr. Mitchell commented, "Given that private equity funds are essentially large piles of money with a few people on top, without a large administrative staff in place, it makes send for them to list where the disclosure requirements are less onerous. But once a deal gets big enough, a couple of extra million dollars in compliance costs doesn’t bite that hard."
Richard Mitchell, Corporate, Corporate - London, Finance & Banking, London
2005
Rick Mitchell was quoted extensively in the March 10 issue of the Financial Times in an in-depth corporate governance feature entitled, "Long arm of the U.S. regulator." The article discusses how some overseas companies feel trapped as the U.S. Securities and Exchange Commission flexes its muscles far from home.
Richard Mitchell, Corporate, Corporate - London, London
2003
Rick Mitchell was quoted in the February 3 issue of The Deal regarding those European companies who want their shares traded in the U.S. will have to make several changes in 2003 despite the softening of some of the rules for foreigners.
Richard Mitchell, Corporate, London, Securities
2002
Richard Mitchell was quoted in the September issue of Corporate Finance on an article addressing how non-U.S. corporates will be lobbying the SEC, the NYSE and politicians in an effort to be excluded from some of the more onerous provisions of the Sarbanes-Oxley Act.
Richard Mitchell, Corporate Responsibility, London
Rick Mitchell was quoted in the August 20 issue of the Daily Deal in an article addressing whether the SEC will exempt foreign companies from any of the new "corporate governance" rules under the Sarbanes-Oxley Act. The article highlights Porsche AG, which recently put its plans for a secondary listing in the U.S. on hold, at least in part as a result of the new rules. Mr. Mitchell stated his view that "It may be that companies like Porsche decide not to list, and that is a bad thing. The SEC has worked hard to attract non-U.S. companies to the U.S. market, and that’s good for the companies and good for U.S. investors as well."
Richard Mitchell, Corporate Responsibility, London
Rick Mitchell was quoted in the August 15 issue of the Daily Deal in an article addressing the August 14 deadline for top executives to personally swear to the accuracy of their financial results. Mr. Mitchell commented on Europe's response to these certifications, "Europeans are hot and bothered by the actions of Congress and the SEC." He also mentioned that foreign businesses see this as "Washington legislating for Europe," and expressed his thoughts that the decision to include foreign companies in this bill may not have been wise as some of the provisions conflict with the way foreign companies conduct their business.
