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.
Law Firms: Schulte Roth & Zabel;
Clients: Blackwells Capital LLC;