AI-washing – when AI hype becomes a litigation risk
Zachary Suggs
Senior Associate Corporate & Finance
Zachary graduated from University of Michigan Law School, where he served as president of the Black Law Students Association. He also has experience as an intern at a top international arbitration firm in São Paulo, Brazil. Zachary earned his B.A. in International Business with Emphasis in Latin America and Portuguese, magna cum laude, from San Diego State University. During his time in college, Zachary studied at Pontifical Catholic University of Rio de Janeiro (PUC-Rio) and interned at a pharmaceutical development and manufacturing company in Portugal.
Transocean Ltd on its pending US$5.8bn acquisition of Valaris Limited (NYSE: VAL), creating one of the largest offshore drilling contractors globally with an implied enterprise value of US$17bn.
ASSA ABLOY on its acquisition of InVue Security Products Inc.
Talanx AG on the pending US$1.5bn acquisition of Liberty Mutual’s personal and small commercial insurance businesses in Brazil, Chile, Colombia, and Ecuador.
Pavlov Media on a major investment by a global asset manager for construction of fiber infrastructure.
Saint-Gobain, a French industrial group, and its Ceramics business unit on the acquisition of U.S.-based refractory producer Monofrax, LLC from the German private equity fund Callista.
National Commercial Bank Jamaica Limited, the largest bank in Jamaica, on its US$300m issuance under its Merchant Voucher Receivables (MVR) securitization program.
Banco Pichincha, the largest bank in Ecuador, on the second series of notes issued under its diversified payment rights (DPR) securitization program (valued at US$300m).
Banco Industrial S.A., a Guatemalan bank, on a US$195m issuance and subsequent US$135m issuance from its diversified payments rights (DPR) securitization program.