Timothy J. Corbett

Tim has experience with transactions across the US and Europe, including in particular in Russia, Germany, Switzerland, Greece, Sweden, the Netherlands, and the UK. His clients, located throughout the world, include life sciences, technology, financial services, and media enterprises.

Prior to joining Morgan Lewis, Tim was a partner in the corporate practice of another international law firm in London and Boston. He previously served as a policy analyst for the US Department of Health and Human Services.

Technology and Media

• Yandex, one of Europe’s largest internet companies and a leading tech company in Russia, in its:
  • $1 billion agreement with Uber to restructure the ownership of their joint ventures, which will see Yandex own 100% of the Yandex.Eats, Yandex.Lavka, Yandex.Delivery and Self-Driving businesses
  • Formation and Series B financing of ClickHouse Inc., a commercial venture based on Yandex’s open-source ClickHouse cloud computing database platform
  • Restructuring of the ownership of its MLU and Self-Driving joint ventures with Uber for $1 billion with an option to purchase Uber’s remaining stake in MLU for $1.8 billion
  • Complex and novel corporate governance restructuring, announced in November 2019
  • Convertible note offering in the aggregate principal amount of $1.25 billion in February 2020
  • Public offering and concurrent private placement, with gross proceeds of $1.06 billion, completed in June 2020
  • Ride-sharing joint venture with Uber in Russia and neighboring countries, with a combined valuation of $3.8 billion
  • Initial public offering on the Nasdaq Global Select Market, with gross proceeds of $1.4 billion
• CTC Media, a leading Russian television broadcaster, in its:
  • Company sale, following adoption of the amendment Mass Media Law in Russia
  • Initial public offering on the Nasdaq Global Market, with gross proceeds of $380 million 
  • Acquisitions of the DTV television network in Russia, an interest in the Channel 31 Group in Kazakhstan, and several television production companies in Russia
• Upstream Systems S.A. in its private equity transaction with Actis
• A US car-sharing company in its acquisition of the largest car-sharing service in the UK
• MyOptique Group, an online eyewear retailer, in its sale to Essilor
• The underwriters in the initial public offering of Infineon Technologies, the former semiconductor business of Siemens AG, on the New York Stock Exchange and Frankfurt Stock Exchange, with gross proceeds of €6 billion
• Stripes Group in its $150 million investment in Snyk Limited (UK), a company that develops and markets software that helps developers detect and fix vulnerabilities in third-party code modules
• A Swiss banking software company in its initial public offering on the SWX Swiss Stock Exchange
• Numerous venture-backed tech companies in cross-border venture equity and debt financings

Life Sciences

• uniQure NV, a leading gene therapy company, in its agreement to acquire Corlieve Therapeutics, a private French biotech company
• BioVex Group, Inc., a biotechnology company, in its sale to Amgen Inc. for up to $1 billion in cash, including milestone payments
• Replimune Group, an oncolytic immunotherapy company, in its initial public offering on the Nasdaq Global Select Market in 2018, at-the-market offering and follow-on public offering on the Nasdaq Global Select Market in 2019, and follow-on public offering in June 2020
• uniQure N.V., a gene therapy company, in its initial public offering, at-the-market offering and multiple follow-on public offerings on the Nasdaq Global Select Market
• Leerink and H.C. Wainwright & Co. as underwriters in registered follow-on public offerings of ordinary shares of ProQR Therapeutics NV, a Nasdaq-listed Dutch biotech company
• Advanz Pharma in its acquisition of the rights of two medicines, Salagen® and Panretin®, from Eisai Inc. 
• Sequoia Capital China in a Series A financing of Vaccitech, a life sciences company developing a flu vaccine
• A Swiss biopharmaceutical company in its initial public offering on the SWX Swiss Stock Exchange
• Numerous venture-backed life sciences companies in cross-border venture equity and debt financings

Financial Services and Fintech

• Prudential plc, a London-based international financial services group with stock exchange listings in London, Hong Kong, Singapore, and New York, in an offering of $1 billion in aggregate principal amount of 3.125% notes due 2030, and its ongoing SEC compliance program
• Zopa, a pioneering fintech company and peer-to-peer lender, in numerous financing and corporate restructuring transactions since its formation
• TradingScreen, Inc., a provider of SaaS-based technology for financial markets, in an investment by the Singapore Exchange in TradingScreen’s UK subsidiary, BidFX Systems Limited in 2019 and the sale of the remaining interest in BidFX in June 2020

Ecommerce, Retail and Hospitality

• Selina, one of the world's largest hospitality brands, in its merger with BOA Acquisition Corp., a publicly traded special purpose acquisition company. The transaction values the pro forma company at an equity value of $1.2 billion
• Brightpearl, a provider of software as a service-based retail operating system, in its $380 million sale to Sage Group plc
• Brightpearl in its acquisition of Inventory Planner, a company that provides inventory forecasting tools for ecommerce businesses
• A digital media company in its joint venture with HMV Group and its reverse takeover and listing on the AIM Market of the London Stock Exchange