Global cloud spending surged 21% in Q3 2024
In Q3 2024, global spending on cloud infrastructure services increased by 21% ...
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Brownstein Welcomes Philip McDermott as Shareholder in Corporate & Business Department
3 Feb, 2023
February 1, 2023 - Brownstein Hyatt Farber Schreck is pleased to announce Philip C. McDermott has joined the firm as a shareholder in its Corporate & Business Department and will work out of the Denver office. McDermott will provide sponsors and investors counsel on regulatory matters and advise clients on a range of capital formation activities. “Phil’s experience in counseling clients with respect to investment funds, joint ventures, security issuance and M&A activity further enhances the expertise and depth our clients have come to rely on us for. As Brownstein continues to invest in our future and the success of our clients, we are excited to welcome Philip to the firm,” said Jay Spader, chair of the firm’s Corporate & Business Department. McDermott’s experience includes the formation and operation of investment funds in a range of strategies and asset classes, including private equity, real estate, performing and stressed credit, venture capital and hedge funds. His in-house experience encompassed a range of transactional matters, including the issuance of listed and unlisted securities, financing matters, mergers and acquisitions, and the formation and structuring of derivative products. Additionally, he represents both capital parties and operators in joint venture transactions and also regularly counsels sponsors and investors on regulatory matters in connection with their investing and fundraising activities, including with respect to the Securities Act, the Exchange Act, the Investment Advisers Act, the Investment Company Act, the Commodity Exchange Act and related regulations. “I’m thrilled to be joining Brownstein and I’m ready to help clients achieve their goals and provide them with strategic legal counsel,” added McDermott. McDermott earned his law degree from the University of Texas School of Law and his bachelor’s degree from Claremont McKenna College.
