Blackwells Capital’s Cooperation Agreement with Colony Capital Inc.


Schulte represented Blackwells Capital in its cooperation agreement with Colony Capital Inc.

Under the agreement, two new independent directors were appointed to the Colony board of directors. A third director, suggested by Blackwells and acceptable to Colony, will also be appointed. Colony is a Los Angeles-headquartered leading global investment management firm with $44 billion in assets under management.

The Schulte team advising Blackwells is led by Ele Klein (Picture), partner and co-chair of the global Shareholder Activism Group, and associates Brandon Gold, Daniel Goldstein and William Tevlin.

Involved fees earner: Brandon Gold – Schulte Roth & Zabel; Daniel Goldstein – Schulte Roth & Zabel; Eleazer Klein – Schulte Roth & Zabel; William Tevlin – Schulte Roth & Zabel;

Law Firms: Schulte Roth & Zabel;

Clients: Blackwells Capital LLC;

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Author: Ambrogio Visconti