United Expertise Company Inc., whose purchasers have ranged from Dangerous Bunny and Gloria Gaynor to Lil’ Wayne and Al Franken, has appointed former Skadden, Arps, Slate, Meagher & Flom affiliate Stefanie Liquori as basic counsel.
Liquori involves UTA, one of many 4 massive expertise companies, after almost two years within the twin position of chief govt officer and basic counsel for DSG Leisure Companies Inc. She beforehand spent 13 years at DSG predecessor Deluxe Leisure and 4 at Skadden, a longtime authorized adviser to UTA.
“I’ve admired UTA’s historical past of evolution and reinvention on behalf of its purchasers because the leisure panorama has shifted,” Liquori, who will even be a part of the corporate as a accomplice, stated in an announcement.
Liquori will begin Could 31 and report back to UTA’s COO Andrew Thau. He relinquished the overall counsel position in 2020 when former affiliate basic counsel Michael Sinclair was promoted to authorized chief. Sinclair is now leaving the corporate.
Thau, who has labored at UTA since 2007, declined to debate the authorized management change from Sinclair to Liquori. Sinclair didn’t reply to a request for remark.
Thau and Sinclair have been as soon as embroiled in a dispute between UTA and expertise trade rival the Inventive Artists Company Inc., which in courtroom papers as soon as accused each legal professionals of serving to poach high-value brokers from CAA in 2015. CAA and UTA finally resolved their variations in a 2019 settlement.
Liquori’s transfer to UTA retains alive a Skadden connection that goes again many years.
The agency endorsed the company in December on its $125 million acquisition of MediaLink, a media advisory and consulting agency led by tax lawyer-turned-entrepreneur Michael Kassan. Michelman & Robinson suggested Kassan.
That very same month, Skadden took the lead for UTA on its formation of a $230 million particular function acquisition firm, UTA Acquisition Corp., which is seeking to buy a brand new firm within the digital media, content material creation, and gaming area.
The SPAC, listed on the Nasdaq change, has tapped UTA affiliate basic counsel Philip Voss, one other former Skadden affiliate, to be its board secretary.
Voss didn’t reply to a request for remark concerning the SPAC’s in-house authorized group, nor did Clinton Foy, an legal professional and enterprise capitalist who joined UTA final 12 months as a basic accomplice. Foy is co-CEO for the SPAC, whose board contains longtime leisure trade lawyer Nancy Tellem.
Securities filings present that UTA’s creation of its SPAC final 12 months generated at the very least $300,000 in authorized charges and bills for the company’s legal professionals from Skadden and Cayman Islands-based Maples and Calder. Cravath, Swaine & Moore endorsed underwriters in reference to the providing.
Skadden additionally represented UTA in 2019 on its funding in Klutch Sports activities Group, a sports activities company based by basketball star LeBron James and his agent, Wealthy Paul, who now serves as UTA’s head of sports activities. UTA’s partnership with Klutch has led the company to improve its illustration of athletes.
This previous March, CAA appeared to a different former Skadden affiliate, Hilary Krane, to turn into its new chief authorized officer. Krane joined CAA after stepping down in February as the highest lawyer at Nike Inc. Jeffrey Freedman, CAA’s former authorized chief, is now head of authorized for the Los Angeles-based firm’s company enterprise.
DSG, Liquori’s employer previous to her becoming a member of UTA, was previously often known as Deluxe Leisure. The media firm filed for chapter in 2019 forward of a change in management from former billionaire proprietor Ronald Perelman’s holding firm to a consortium of personal fairness buyers.
At Deluxe Leisure, Liquori’s roles included serving as basic counsel and chief administrative officer for the Burbank, Calif.-based firm. She spearheaded strategic and industrial transactions and suggested on capital elevating, compliance, employment, mental property, and litigation issues.
Liquori joined Deluxe Leisure and Panavision Inc., a film digital camera rental firm as soon as owned by Perelman, in 2007 after leaving her job as a company finance affiliate at Skadden in New York.