July 12, 2021
Weil is advising MSP Recovery, LLC, a company specializing in Medicare Secondary Payer recovery rights and the recovery of improperly paid Medicaid and commercial payments, in its $32.6 billion business combination with Lionheart Acquisition Corporation II, a SPAC sponsored by Lionheart Equities. Upon closing, at this valuation, the transaction would be one of the top 3 largest SPAC transactions to date. The transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions.
The Weil team advising MSP Recovery, LLC is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partner Amanda Fenster and Mergers & Acquisitions associates Katie Simmonds, Daniel Sotsky and Emily Ross. The team also includes International Tax Head Devon Bodoh; Tax partner Greg Featherman; Tax associates Joshua Graybill (Admitted in New York Only) and Renan Rodriguez; Capital Markets partner Corey Chivers; Capital Markets associate Joseph Hahn; Executive Compensation & Benefits Head Paul Wessel; Executive Compensation & Benefits associate Tricia Walsh; Public Company Advisory Group Co-Head Howard Dicker; Public Company Advisory Group partners Adé Heyliger and Lyuba Goltser; Public Company Advisory Group counsel Kaitlin Descovich; Technology & IP Transactions partner Charan Sandhu; Technology & IP Transactions/Privacy associates Robert Brown, Luis Gonzalez, Phillip Grudzina and Amanda DeMasi; Environmental Head Annemargaret Connolly; Regulatory Transactions counsel John O’Loughlin; Regulatory Transactions associate Ariel Fliman; and Antitrust counsel Michael Naughton.