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Corporate

Sep. 11, 2013

Proskauer, Latham advise new owners of Neiman Marcus

Proskauer and Latham were transactional and finance counsel, respectively, to Los Angeles-based private equity investor Ares Management LLC and the Canada Pension Plan Investment Board in their $6 billion acquisition of the luxury retailer.


By Andrew McIntyre


Daily Journal Staff Writer


Proskauer Rose LLP and Latham & Watkins LLP were transactional and finance counsel, respectively, to Los Angeles-based private equity investor Ares Management LLC and the Canada Pension Plan Investment Board in their $6 billion acquisition of Neiman Marcus Group Ltd. Inc.


Another set of private equity investors, TPG Capital LP and Warburg Pincus LLC, acquired Neiman in 2005 for $5.1 billion an...

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