Loeb & Loeb LLP is ranked in 11th place in PrivateRaise.com's Top 25 PIPE Investor Law Firms list for 2006. The firm was recognized for providing counsel on eight deals in 2006 totaling $92.1 million.
The list was published in Private Raise's PIPES Scorecard for legal counsel in The PIPEs Report - News, Information and Analysis of Private Investments in Public Equity (Jan. 16, 2007 issue).
PrivateRaise.com is a source for market intelligence and analysis pertaining to private placements of equity and equity-linked securities executed by public companies.
The Loeb & Loeb Private Equity Group assists clients in forming and managing a wide variety of private equity funds.
In addition, according to IPO Vital Signs, an IPO information database, Loeb & Loeb ranked number 13 in the U.S. for IPO law firms representing the issuer in IPOs that closed in 2006. Securities Practice Group Chair, partner Mitch Nussbaum, was ranked number one IPO lawyer in the U.S. for the number of IPOs closed among lawyers representing issuers in 2006.
The ranking were published as part of IPO Vital Signs league tables in the February 20 issue of their online publication The IPO Week in Review.
Also, Loeb & Loeb was tied for first place for the number of issuer clients they represented who completed SPAC offerings in 2006, according to IPO Vital Signs. Last year the team completed SPAC deals ranging from $27 million to $225 million for clients in a range of industries in the U.S., Europe, China and India. The firm also was active in reverse mergers of Chinese companies and their ongoing securities counsel. In December, Loeb & Loeb client American Oriental Bioengineering, Inc. became the first of this type of company to list on the New York Stock Exchange.
Loeb & Loeb has announced that James S. Williams has joined the firm's Los Angeles office as a partner in the Corporate Department. He was previously a partner at Davis, Shapiro, Lewit & Hayes in Los Angeles where he was chair of the Corporate and Fashion/Apparel Groups.