Olshan Named a Leading Law Firm in Shareholder Activism, Litigation, and Real Estate in Chambers 2023 USA Guide

New York, NY, June 1, 2023 – Olshan Frome Wolosky LLP is pleased to announce that it has was recognized as a premier law firm for three of the firm's key practice areas in the distinguished Chambers USA 2023 Guide to America's Leading Lawyers for Business. The firm received the guide's highest ranking in the M&A Shareholder Activism category. Additionally, nine lawyers, five in the Shareholder Activism practice, have been honored as Leading Lawyers.

The ranked practices and lawyers are:

Corporate/M&A Shareholder Activism (New York) – Band 1

• Steve Wolosky (Band 1), Partner, Chair Emeritus of the Shareholder Activism Practice
• Andrew Freedman (Band 2), Co-Managing Partner, Chair of the Shareholder Activism Practice
• Elizabeth Gonzalez-Sussman (Band 3), Partner, Vice Chair of Shareholder Activism Practice
• Ryan Nebel (Up and Coming), Partner, Vice Chair of Shareholder Activism Practice
• Meagan Reda (Up and Coming), Partner

Real Estate: Mainly Dirt (New York) - Band 5

• Thomas Kearns (Band 4) – Partner, Co-Chair of Real Estate Law Practice
• Nina Roket (Band 4) - Co-Managing Partner, Co-Chair of Real Estate Law Practice, and Chair of Commercial Leasing Practice

Litigation: General Commercial: (New York) Highly Regarded – Band 5

• Lori Marks-Esterman (Band 5), Partner, Chair of Litigation Practice

Advertising: Transactional & Regulatory

• Andrew B Lustigman (Band 2) – Co-Managing Partner, Chair of Advertising, Marketing and Promotions Practice, and Co-Chair of Brand Management & Protection Practice.

Since the inception of the Chambers M&A Shareholder Activism (New York) category in 2017, Olshan's Corporate/M&A Shareholder Activism practice and lawyers Steve Wolosky and Andrew Freedman have received the highest rankings. This year, five lawyers are recognized in this ranking, securing the top three highest bands and up-and-coming positions. An interviewee addressed the firm's practice stating, "Olshan has a deep bench of resources to support us and an excellent team of professionals who are up to speed on all the latest developments." Chambers has described Olshan as the foremost firm for representing activist shareholders in their campaign activity, with a robust team of specialist counsel advising leading industry players in major proxy contests, M&A and associated governance matters, and is adept at handling situations involving both domestic and foreign entities. Interviewees have also noted, "We know that if the matter is in Olshan's hands, it will be dealt with thoroughly, effectively and in a timely fashion," and, "Olshan has a deep bench of impressive partners and associates with decades of experience advising first-time and veteran activists."

Steve Wolosky is a pioneer in the shareholder activism area and provides strategic, in-depth counsel to clients in the market's most distinguished domestic and cross-border shareholder activism matters: "Steve is a rock star. He's smart, accessible, and he always has a creative solution to problems." "Aside from knowing everything there is to know about activism, he generates tremendous confidence in clients." "Steve is the godfather of shareholder activism."

Andrew Freedman is known for his sophisticated approach to legal matters. His clients and peers admire his ability to solve complex matters and offer tactical counsel to activist investors. "He is able to provide highly sophisticated legal advice while also bringing a commercial perspective." "Andrew can be trusted to provide clients sound counsel during complex and high-stakes situations." "He is able to get outstanding results for his clients."

Elizabeth Gonzalez-Sussman uses a detail-oriented and hands-on approach to legal matters. She represents and provides strategic guidance to hedge funds and other large investors in shareholder activist situations: "Elizabeth is unbelievably talented and responsive." "Elizabeth is incredibly smart and looks to be creative in helping her clients achieve their goals." "We really appreciate the client focus she brings to everything she touches. She is a great negotiator and is extremely pragmatic."

Ryan Nebel works on sophisticated legal matters in the world of shareholder activism. He approaches legal matters with poise and a strategic lens, providing counsel to hedge funds and M&A in high-stakes proxy contests: "Ryan is wise beyond his years. He's very responsive, efficient and he delivers high-quality work."

Meagan Reda is dedicated to building solid relationships with her clients. She represents hedge funds and other investors in matters concerning shareholders activism, proxy contests, mergers and acquisitions, corporate governance and other related matters. "Meagan is a strong writer, and she is good at adapting to where the activist wants to take the campaign." "She is a highly sophisticated lawyer."

Chambers noted that the Real Estate: Mainly Dirt (New York) group has a broad practice that is regularly called upon by a diverse client base of investors, developers and owners to advise on complex real estate mandates. Expertise includes acquisitions, financings and large-scale leasings. An interviewee commented that "The attention to detail and support from every member of the Olshan Frome Wolosky team was extraordinary." "The team is fully aware of trends in the industry." "Olshan Frome Wolosky is very professional, organized and responsive." "Olshan Frome Wolosky has a deep bench able to tackle complex issues."

Thomas Kearns is known for his thoughtful approach to his client's matters and development-oriented mindset. He has extensive experience in all areas of commercial and residential real estate including leasing and acquisitions: "Thomas is a master of ground leases." "Tom Kearns is extremely knowledgeable and easy to work with." "Tom provides an extraordinary level of service and knowledge."

Nina Roket is known for empowering and mentoring young legal professionals and uplifting female lawyers. Nina is a co-managing partner, co-chair of the real estate law practice, and chair of the commercial leasing practice at Olshan. Roket is a nationally recognized commercial real estate lawyer focused on leasing and conveyancing, finance transactions, and restructuring situations. She has significant experience advising clients in various commercial real estate matters: "Nina understands leasing and how to structure a deal."

The Litigation: General Commercial: Highly Regarded (New York) is recognized as an all-encompassing litigation practice that combines recognized strengths in shareholder activism with capabilities in diverse commercial disputes, including contractual matters, real estate litigation and securities fraud. The firm represents public companies and several prominent hedge fund management firms. Interviewees noted, "They are extremely strategic, deeply experienced and sophisticated." And "They are thoughtful, creative and very diligent."

Lori Marks-Esterman is diligent and thoughtful in her approach to legal matters. She is esteemed for her work with hedge funds, public companies and shareholders in contentious matters arising from merger transactions: "Lori is an excellent litigator. She assesses a situation and develops a realistic and appropriate legal strategy." "Lori is someone you can depend on for good sense and reasonable judgments. She has her eye on what's important in a case."

Chambers recognized Andrew Lustigman for his distinguished work in the Advertising: Transactional & Regulatory practice. The firm's practice specializes in regulatory matters, NAD proceedings, sweepstakes and promotions, while offering comprehensive advertising counsel for a wide range of clientele in corporate brands and marketing agencies.

Andrew Lustigman has been acknowledged by Chambers for the sixteenth consecutive year. He offers clients legal counsel on various advertising matters, from structuring sweepstakes to regulatory proceedings: "Advertising matters are Andy's longtime focus." "He has years of experience, is good at working with clients and good at trying to get to solutions." "He is great. He is very responsive, very knowledgeable and experienced in the field. He is also willing to jump on calls last minute and follows up with us."

Olshan has been consistently recognized as one of the premier mid-sized law firms in the country, including named by Legal 500 US 2021 as a Top Tier 1 Firm in Shareholder Activism with five partners acknowledged in the practice, along with recognition of the Advertising Practice and two attorneys; selection of nine of the firm's lawyers as The Best Lawyers in America® 2022 along with the selection of two lawyers to Best Lawyers: Ones to Watch® list; named as a "Best Law Firm" 2022 by U.S. News – Best Lawyers® for Securities/Capital Markets, Real Estate, Advertising, Trusts & Estates, Commercial Litigation and Employee Benefits; and the selection of 36 attorneys to the Super Lawyers® 2021 New York Metro list. The National Law Journal has honored Olshan twice as a top 20 midsize law firm in its "Midsize Hot List" and has included the firm in its "NLJ 500" list. In addition, Olshan's Shareholder Activism Practice has consistently received top rankings across the board in every influential league table and publication that covers shareholder activism. Olshan's no. 1 ranking is highlighted in league tables and publications that cover shareholder activism, including FactSet, Bloomberg Activism Advisory League Tables, Refinitiv Global Shareholder Activism Scorecard and Insightia’s Activist Insight Monthly.

Chambers USA is a prestigious annual ranking of law firms and attorneys recognized for professional excellence with persistently impressive ratings from clients and peers. Achieving a tiered ranking signals a unique combination of quality law practice and breadth of legal expertise. Receiving a tier designation reflects the high level of respect a firm has earned among other leading lawyers and clients in the same communities and practice areas for their abilities, professionalism and integrity.

About Olshan

Olshan Frome Wolosky LLP, a law firm based in New York, represents major businesses and entrepreneurs in their most significant transactions, problems and opportunities. Olshan's clients range from public companies, hedge, venture capital, private equity and other investment funds to entrepreneurs and private companies worldwide. Clients choose Olshan for innovative strategies and sophisticated, game-changing advice in corporate, securities law, equity investment and shareholder activism, complex commercial, corporate and securities litigation, real estate, intellectual property, bankruptcy and creditors' rights, and advertising. Since its founding, Olshan has offered an alternative to the AmLaw 50 law firm business model with responsive, independent and client-focused legal counsel provided by the firm's senior lawyers.