Amy H. Candido

Simpson Thacher hosted an event on June 3 in San Francisco in partnership with Extraordinary Women on Boards (“EWOB”) and Athena Alliance. Partners Stephen Blake, Laura Lin and Karen Reyes discussed potential implications for board members concerning capital raising as well as key developments in state corporate law. Partner Amy Candido moderated the discussion.~~EWOB is a network of experienced corporate board directors who serve on public and private for-profit boards. For more information about EWOB, please click here.~~Athena Alliance is a community that propels leaders to build impact, whether it’s in the C-suite, in the boardroom, as an investor, as an entrepreneur, as a thought leader and beyond. For more information about Athena Alliance, please click here.

Sep 6

1 min

Amy Candido, Head of the Firm’s Intellectual Property Litigation Practice, has been named among the Daily Journal’s “Top Intellectual Property Lawyers” for 2025. Amy was recognized for her work securing “notable victories for clients facing high-stakes litigation,” including in complex trade secret, patent and other IP matters. Asked for her thoughts on the future of IP law, Amy emphasized that trade secret law will be at the forefront of disputes over the protection of AI systems and outputs due to “its flexibility to adapt to these new challenges.”~~The Daily Journal’s “Top Intellectual Property Lawyers” series honors the leading IP lawyers in California. To learn more, and to read Amy’s full profile, please click here (subscription required).

Mar 4

1 min

Amy Candido, Head of the Firm’s Intellectual Property Litigation Practice, spoke at the American Intellectual Property Law Association’s (“AIPLA”) 2025 Trade Secret Summit on March 28 in Nashville. Amy spoke on a panel titled “AI and Trade Secrets – How the line is drawn,” which discussed the growing importance of trade secrets with respect to generative AI (“GenAI”), and explored GenAI-related trade secret rights in relation to evolving AI laws, regulations and governance.~~The AIPLA Trade Secret Summit is the leading trade secret conference in the U.S., with speakers from across the spectrum of private practitioners, in-house counsel, government and academia.~~For more information on the summit, please click here.

Jan 4

1 min

AES Corp., guided by Skadden Arps Slate Meagher & Flom LLP, said Monday that it has agreed to be acquired by a consortium of infrastructure investors led by Blackrock's Global Infrastructure Partners and EQT Infrastructure VI in a deal with a $10.7 billion equity value and a $33.4 billion enterprise value. Davis Polk & Wardwell LLP is advising the energy company on certain debt matters. Kirkland & Ellis LLP is advising the consortium and is the legal adviser to GIP. Simpson Thacher & Bartlett LLP is advising EQT. Under the agreement, the consortium — which also includes co-underwriters California Public Employees' Retirement System and Qatar Investment Authority — will pay $15 per share in cash for AES, representing a 40% premium to the company's unaffected 30-day average share price before July 8, 2025. The stock was down about 17% Monday, trading around $14.30 per share. AES, which operates regulated electric utilities in Indiana and Ohio as well as competitive clean energy and critical infrastructure assets in Latin America, said in Monday's announcement that the deal will provide the company with greater financial flexibility to invest in growth initiatives and energy infrastructure. The company also noted that its regulated U.S. utilities would remain locally managed, with no expected impact on customer rates. "Following a rigorous review of strategic options, the AES board determined that this transaction with the consortium maximizes value for stockholders and provides compelling cash value," AES Chair Jay Morse said in the announcement. Executives with the consortium highlighted the group's experience in energy infrastructure investing, emphasizing that AES is well positioned to meet growing electricity demand, particularly in the United States. In the announcement, Bayo Ogunlesi, chair and CEO of GIP, highlighted increasing market demand for "affordable, safe and reliable power," while EQT Infrastructure's Masoud Homayoun emphasized the transaction's role in supporting the "growth and modernization of essential energy infrastructure that underpins energy security, electrification, digitalization and resilient power systems." The transaction has received unanimous approval from AES' board and is expected to close in late 2026 or early 2027, subject to customary regulatory approvals and shareholder consent. After the acquisition, AES common stock will be delisted from the New York Stock Exchange. Fried Frank Harris Shriver & Jacobson LLP, led by partners Philip Richter and Roy Tannenbaum, is advising J.P. Morgan Securities LLC and Wells Fargo Securities LLC, the financial advisers to AES. Paul Hastings LLP, led by partner Morgan Bale, is advising Goldman Sachs and Citi on committed financing. The Skadden Arps Slate Meagher & Flom LLP team is led by partners Pankaj Sinha and Katherine (Kady) Ashley. The Simpson Thacher & Bartlett LLP team is led by partners Robert Langdon, Fred De Albuquerque, Javad Asghari and Julie Siegel. The Kirkland & Ellis LLP team is led by partners Melissa Kalka, Zach Savrick, Andy Calder, Nick Lewis, Jimmy Chalk and Adam Larson. Deal team information for Davis Polk & Wardwell LLP was not immediately available.

Mar 2

2 min

On June 20, 2025, the Firm won a preliminary injunction in the U.S. District Court for the Western District of Tennessee in an employment dispute involving Frontdoor, Inc. and former employee Scott Kluver. Kluver, a senior field manager, resigned from Frontdoor to join First American Home Warranty Corporation (“First American”), a competitor, in direct violation of  his non-compete and confidentiality agreement. Frontdoor demonstrated that Kluver had access to its confidential business information and strategies, which could be used to gain an unfair competitive advantage.~~After an evidentiary hearing on June 16, the court found that Frontdoor demonstrated a likelihood of success on the merits and that Kluver’s employment with First American posed a significant risk of irreparable harm due to potential unfair competition. The decision bars Kluver from working at First American or any of its subsidiaries or affiliates until May 7, 2026.~~The Simpson Thacher team included Lynn Neuner, Amy Candido, Jonathan Sanders, Melissa Vallejo, Jared Quigley and Camille Boler.

Jun 25

1 min