NEW YORK - According to IPO Vital Signs, an IPO information database, Loeb & Loeb LLP ranked #4 in the U.S. for IPO law firms representing the issuer in IPOs that closed in 2008. Marking a continuous three-year climb up the list, this year’s ranking was a significant ascent from 2007’s #11 rank and the #13 spot in 2006. Loeb also ranked #7 in the U.S. for combined IPO count representing both issuers and underwriters. These rankings were published as part of IPO Vital Signs league tables in their online publication, The IPO Week in Review.
Securities Practice Group Chair, Mitch Nussbaum, moved up the list as well, ranking #2 among IPO lawyers in the U.S. for the number of closed IPOs representing issuers and underwriters in 2008.
“It is very rewarding to see our numbers rise in these important industry league table rankings, particularly given the declining market conditions in 2008.” said Nussbaum. “We are pleased that we continue to be recognized as leaders in both IPO and PIPE transactions.”
In addition, Loeb & Loeb ranked #6 as PIPE investors' counsel and #4 as PIPE issuers' counsel for number of deals. Overall, Loeb & Loeb attorneys advised on 22 deals totaling $356 million in 2008. These rankings were published in PrivateRaise.com’s "PIPEs League Tables for 2008" for legal counsel in the January 20th edition of The PIPEs Report - News, Information and Analysis of Private Investments in Public Equity by DealFlow Media.
Loeb & Loeb’s Securities Group represents issuers and underwriters in initial public offerings (IPOs), special purpose acquisition corporation (SPAC) offerings and acquisitions, PIPEs, public companies and emerging growth private companies. Today, we are at the forefront of restructuring and designing SPAC mergers . In addition, Loeb & Loeb continues to support the growth recently seen in the Asian markets by representing companies and institutions in a wide variety of transactions.
About IPO Vital Signs: IPO Vital Signs, an IPO research analysis tool, assists IPO professionals and pre-IPO companies with research in the IPO process. For more information visit the website: www.ipovitalsigns.com.
About PrivateRaise.com, LLC: PrivateRaise.com® is an Internet-based information service provider of comprehensive market intelligence and analysis pertaining to private placements of equity and equity-linked securities executed by public corporations. For more information visit the website: www.privateraise.com.
About Loeb & Loeb LLP: is a multi-service national law firm with more than 300 attorneys focusing on select practice areas, rather than endeavoring to be all things to all clients. Celebrating its 100th anniversary in 2009, the firm is recognized as a leading law firm in the areas of advanced media, finance, bankruptcy, restructuring and creditors' rights, entertainment, litigation, intellectual property, real estate, mergers and acquisitions, technology, advertising and promotions and tax and wealth services. Loeb & Loeb has four domestic offices in Los Angeles, New York, Chicago and Nashville, and the firm has applied to open a representative office in Beijing to serve a rapidly growing number of Asian clients.