Acquisition

Lyft Amplifies Global Reach with €175 Million Acquisition of FreeNow, Tapping into European Ride-Hailing Market

by

Berlin, Germany — Lyft has completed the acquisition of German-based Intelligent Apps GmbH, the operator of the FreeNow taxi and ride-hailing service, in a deal valued at €175 million. This significant move marks Lyft’s entry into the European market, allowing it to tap into a ride-sharing sector that encompasses multiple countries, including Germany, the United Kingdom, Ireland, Austria, France, Italy, Greece, Poland, and Spain. The transaction, which was facilitated by law firms Baker & McKenzie and Abreu Advogados, involved extensive legal support covering various areas including corporate law, mergers and acquisitions, and intellectual property rights. … Read more

Tanenbaum Keale LLP Strengthens Legal Team with Acquisition of Experienced Associate Ibadete Lita

by

Newark, N.J. — Tanenbaum Keale LLP has announced that Ibadete Lita has joined its Newark office as an associate attorney, strengthening the firm’s legal team. Lita is also licensed to practice law in New York. Lita brings a wealth of experience in personal injury, mass torts, and commercial litigation to the firm. Her diverse background includes corporate structuring, allowing her to devise innovative legal strategies that effectively address various litigation challenges faced by clients. Managing Partner Christopher J. Keale expressed enthusiasm about Lita’s addition, stating that her expertise in handling complex litigation will enhance the … Read more

Rio’s COSRO Advogados Expands Tax Team with Strategic Partner Acquisition

by

RIO DE JANEIRO, Brazil — COSRO Advogados, an emerging law firm launched in November, has bolstered its tax department by recruiting a new partner from Simões Corrêa & Lacal Advogados. The firm was established by a collective of lawyers hailing from various prestigious firms, including Campos Mello Advogados in partnership with DLA Piper. The addition of the new partner is aimed at enhancing COSRO’s tax services, a critical area for many clients navigating Brazil’s complex regulatory landscape. This move reflects COSRO’s commitment to addressing the growing demand for specialized tax expertise in the region. Since … Read more

BMA Advogados Bolsters Tax Team with Strategic Partner Acquisition from Machado Meyer

by

Brazilia, Brazil — BMA Advogados has strengthened its tax practice by bringing in a new partner from Machado Meyer Advogados. This strategic move underscores the ongoing competition within Brazil’s elite law firms as they seek to enhance their service offerings and expertise in specialized areas. The firm confirmed the appointment, highlighting the experience and skills the new partner brings, particularly in tax law. This development allows BMA to expand its capabilities and bolster its advisory services for clients navigating complex tax regulations. As firms like BMA and Machado Meyer leverage talent acquisition to gain an … Read more