IBM’s Reorganisation For The Separation of Kyndryl

Hogan Lovells, Paul, Weiss and Skrine, Bär & Karrer, Cobalt and Suciu Popa represented International Business Machines Corporation (IBM) on the matter. Vinge advised IBM Sweden.

The tranaction inolved the global separation and reorganization of IBM’s managed infrastructure services business across more than 65 jurisdictions worldwide, in support of the separation of that business from IBM to Kyndryl. The completion of the separation was announced on November 3 and Kyndryl now trades on the New York Stock Exchange under the symbol “KD.”

The multi-jurisdictional Hogan Lovells team spanned more than 30 offices and was led by partners Bill Curtin (Picture) and Will Yavinsky (both Washington, D.C. and New York), Jonathan Russell (London), and Lu Zhou (Beijing), and counsel Tobias Kahnert (Munich) and Aafke Pronk (Amsterdam).

The Paul, Weiss team included corporate partners Scott Barshay, Steven Williams, Laura Turano, John Kennedy, Caith Kushner, Manuel Frey and Andrew Foley and counsel David Sobel, Frances Mi, Jason Tyler and Gabriella Toossi; tax partners Jeffrey Samuels, Scott Sontag and Brian Krause and counsel Alyssa Wolpin; intellectual property partner Jonathan Ashtor and counsel Michael Kurzer; executive compensation partners Jarrett Hoffman, Lawrence Witdorchic and Jean McLoughlin and counsel Jake Glazeski; real estate partner Peter Fisch and counsel Barry Langman; restructuring partner Alice Eaton; litigation partners Yahonnes Cleary, Rick Rule and Lorin Reisner and counsel Paul Paterson, Steven Herzog and Daniel Mason; and environmental counsel William O’Brien.

The Skrine deal team was led by Partner Fariz Abdul Aziz who was supported by Senior Associate Tan Wei Xian. The deal team were further supported by Selvamalar Alagaratnam (Partner, Employment), Sheba Gumis (Partner, M&A), Jesy Ooi (Partner, Real Estate), Sara Lau (Partner, Employment), Melissa Long (Partner, Intellectual Property).

The Bär & Karrer team was led by Ralph Malacrida and included Faton Aliu, Tim Salz (all M&A and Corporate), Thomas Stoltz and Ignaz Müller (both Notarial Services), Corrado Rampini and Rocco Rigozzi (both Real Estate) as well as Laura Widmer (Employment).

The Cobalt pan-Baltic team was led by Partner Guntars Zile and Senior Associate Diana Zepa and included Estonia-based Partners Martin Simovart and Karina Paatsi, Senior Associates Heleri Tammiste, Heili Haabu, and Karli Kutt, and Associate Johanna-Britt Haabu; Latvia-based Partners Sandija Novicka and Toms Sulmanis, Senior Associates Kristine Patmalniece and Ivo Maskalans, and Associate Gabriela Santare; and Lithuania-based Managing Partner Irmantas Norkus, Of Counsel Aurimas Ulevicius, Senior Associates Zygintas Voronavicius and Jovita Valatkaite, and Associate Agne Saliamone.

The Suciu Popa team included Managing Partner Miruna Suciu, Partners Dan Ciobanu and Mihai Caragui, and Associates Noemi Siman, Paul Manaila, and Andrei Nicolae.

The Vinge team was led by Ulrich Ziche and includes inter alia Åsa Gotthardsson, Elin Broman, Kristoffer Larson, Erik Lagerlöf, Caroline Krassén, Nicklas Thorgerzon, Karolina Cohrs, Ellen Åkerdahl Flygt.

Involved fees earner: Faton Aliu – Bär & Karrer; Ralph Malacrida – Bär & Karrer; Ignaz Müller – Bär & Karrer; Corrado Rampini – Bär & Karrer; Rocco Rigozzi – Bär & Karrer; Tim Salz – Bär & Karrer; Thomas Stoltz – Bär & Karrer; Laura Widmer – Bär & Karrer; Heili Haabu – Cobalt Legal; Johanna-Britt Haabu – Cobalt Legal; Karli Kutt – Cobalt Legal; Ivo Maskalans – Cobalt Legal; Irmantas Norkus – Cobalt Legal; Sandija Novicka – Cobalt Legal; Karina Paatsi – Cobalt Legal; Kristine Patmalniece – Cobalt Legal; Agne Saliamone – Cobalt Legal; Gabriela Santare – Cobalt Legal; Martin Simovart – Cobalt Legal; Toms Šulmanis – Cobalt Legal; Heleri Tammiste – Cobalt Legal; Aurimas Ulevicius – Cobalt Legal; Jovita Valatkaite – Cobalt Legal; Zygintas Voronavicius – Cobalt Legal; Diana Zepa – Cobalt Legal; Guntars Z?le – Cobalt Legal; William Curtin – Hogan Lovells; Tobias Kahnert – Hogan Lovells; Aafke Pronk – Hogan Lovells; Jonathan Russell – Hogan Lovells; William Yavinsky – Hogan Lovells; Lu Zhou – Hogan Lovells; Jonathan Ashtor – Paul Weiss Rifkind Wharton & Garrison; Scott Barshay – Paul Weiss Rifkind Wharton & Garrison; Yahonnes Cleary – Paul Weiss Rifkind Wharton & Garrison; Alice Eaton – Paul Weiss Rifkind Wharton & Garrison; Peter Fisch – Paul Weiss Rifkind Wharton & Garrison; Andrew Foley – Paul Weiss Rifkind Wharton & Garrison; Manuel Frey – Paul Weiss Rifkind Wharton & Garrison; Jake Glazeski – Paul Weiss Rifkind Wharton & Garrison; Steven Herzog – Paul Weiss Rifkind Wharton & Garrison; Jarrett Hoffman – Paul Weiss Rifkind Wharton & Garrison; John Kennedy – Paul Weiss Rifkind Wharton & Garrison; Michael Kurzer – Paul Weiss Rifkind Wharton & Garrison; Caith Kushner – Paul Weiss Rifkind Wharton & Garrison; Barry Langman – Paul Weiss Rifkind Wharton & Garrison; Daniel Mason – Paul Weiss Rifkind Wharton & Garrison; Jean McLoughlin – Paul Weiss Rifkind Wharton & Garrison; Frances Mi – Paul Weiss Rifkind Wharton & Garrison; William O’Brien – Paul Weiss Rifkind Wharton & Garrison; Paul Paterson – Paul Weiss Rifkind Wharton & Garrison; Lorin Reisner – Paul Weiss Rifkind Wharton & Garrison; Rick Rule – Paul Weiss Rifkind Wharton & Garrison; Jeffrey Samuels – Paul Weiss Rifkind Wharton & Garrison; David Sobel – Paul Weiss Rifkind Wharton & Garrison; Scott Sontag – Paul Weiss Rifkind Wharton & Garrison; Gabriella Toossi – Paul Weiss Rifkind Wharton & Garrison; Laura Turano – Paul Weiss Rifkind Wharton & Garrison; Jason Tyler – Paul Weiss Rifkind Wharton & Garrison; Steven Williams – Paul Weiss Rifkind Wharton & Garrison; Lawrence Witdorchic – Paul Weiss Rifkind Wharton & Garrison; Alyssa Wolpin – Paul Weiss Rifkind Wharton & Garrison; Brian Krause – Skadden; Selvamalar Alagaratnam – Skrine; Fariz Abdul Aziz – Skrine; Sheba Gumis – Skrine; Sara Lau – Skrine; Melissa Long – Skrine; Jesy Ooi – Skrine; Tan Wei Xian – Skrine; Mihai Caragui – Suciu Popa; Dan Ciobanu – Suciu Popa; Paul Manaila – Suciu Popa; Andrei Nicolae – Suciu Popa; Noemi Siman – Suciu Popa; Miruna Suciu – Suciu Popa; Ellen Åkerdahl Flygt – Vinge; Elin Broman – Vinge; Karolina Cohrs – Vinge; Åsa Gotthardsson – Vinge; Caroline Krassén – Vinge; Erik Lagerlöf – Vinge; Kristoffer Larson – Vinge; Nicklas Thorgerzon – Vinge; Ulrich Ziche – Vinge;

Law Firms: Bär & Karrer; Cobalt Legal; Hogan Lovells; Paul Weiss Rifkind Wharton & Garrison; Skadden; Skrine; Suciu Popa; Vinge;

Clients: IBM;

Giulia Di Palma

Author: Giulia Di Palma