PwC Société d’Avocats and Barack Ferrazzano served as lead counsel to Moët Hennessy on the deal.
Global leader in luxury wines and spirits Moët Hennessy, a division of LVMH Moët Hennessy Louis Vuitton SE, announced a partnership with Shawn Jay-Z Carter, pursuant to which Moët Hennessy has acquired a 50% stake in the Champagne brand, Armand de Brignac, previously wholly-owned by Jay-Z.
In connection with this investment, the parties will also enter into a global distribution agreement. The 50-50 structure of the investment is essential in bringing the two partners’ expertise and strengths together to ensure a successful long-term partnership.
PwC Société d’Avocats team included Jean-Philippe Brillet (Picture), Delphine Bocquet and Baptiste Allais.
Barack Ferrazzano served as lead counsel to Moët Hennessy with a team led by Corporate & Securities and Fashion, Luxury & Retail Groups chair Daniel L. Dominguez, along with founder Peter J. Barack and Kait E. Kelly, Intellectual Property Group co-chair Scott J. Slavick and Thomas M. Gniot assisted with intellectual property matters, Compensation & Employment Group chair Andrew K. Strimaitis and Allison N. Powers advised on employment issues, and Tax & Business Planning Group co-chair Michael J. Towne and Megan E. Toal provided guidance with respect to the tax aspects of the transaction.
Involved fees earner: Peter Barack – Barack Ferrazzano; Daniel Dominguez – Barack Ferrazzano; Thomas Gniot – Barack Ferrazzano; Kait Kelly – Barack Ferrazzano; Allison Powers – Barack Ferrazzano; Scott Slavick – Barack Ferrazzano; Andrew Strimaitis – Barack Ferrazzano; Megan Toal – Barack Ferrazzano; Michael Towne – Barack Ferrazzano; Baptiste Allais – PWC Société d’Avocats; Delphine Bocquet – PWC Société d’Avocats; Jean-Philippe Brillet – PWC Société d’Avocats;
Clients: Moët Hennessy SNC;