Our Website Uses Cookies
We and the third parties that provide content, functionality, or business services on our website may use cookies to collect information about your browsing activities in order to provide you with more relevant content and promotional materials, on and off the website, and help us understand your interests and improve the website.
For more information, please contact us or consult our Privacy Notice.
Your binder contains too many pages, the maximum is 40.
We are unable to add this page to your binder, please try again later.
This page has been added to your binder.
- Home
- Professionals
- Ingrid Rechtin
Ingrid Rechtin provides strategic legal advice to public and private companies in the life sciences, technology, and fintech sectors, ranging from start-ups to global corporations.
Her experience includes:
- joint ventures
- mergers and acquisitions, including product divestitures
- corporate venture capital
- financings, including development funding transactions
- licensing and complex commercial transactions
- general corporate matters.
In addition, Ms. Rechtin has advised on numerous strategic investments in IP, including:
- acquisitions and divestitures of patent portfolios; and
- complex patent monetization transactions.
Ms. Rechtin is also co-chair of Covington’s Fintech Initiative, and collaborates with the firm’s global, interdisciplinary team of corporate, bank regulatory, consumer protection, privacy, cybersecurity, litigation, and tech transactions attorneys to provide sophisticated counsel in all areas affecting the fintech industry, including matters involving blockchain.
- Sanofi in the negotiation and drafting of a collaboration agreement and joint venture with Google Life Sciences (now Verily) for the development of digital technology and tools for diabetes.
- Multiple global pharmaceutical companies in their product divestitures, including sales of manufacturing facilities.
- Multiple global life sciences, technology and fintech companies in their corporate venture capital investments into start-ups, including related strategic and commercial rights agreements.
- Microsoft in various strategic transactions, including:
- its $7.2 billion acquisition of Nokia’s Devices and Services Business;
- its $1.1 billion acquisition of 800 patents from AOL, and its $550 million sale to Facebook of the right to acquire a portion of the AOL portfolio;
- its patent monetization transaction with Nokia and Core Wireless involving 2000+ wireless patents; and
- its $8.5 billion acquisition of Skype.
- A transportation network company, in matters relating to IP strategy.
Pro Bono
- A victim of human trafficking, in her application for a T Visa.
- An Iraq war veteran, in his application for Combat Related Special Compensation.
- Four national spinal cord injury organizations, in connection with their merger.
- Member of Model Power Purchase Agreement working group for Solar Energy Industry Association.
Memberships and Affiliations
- California State Bar, Corporations Committee, Vice-Chair (2010-2012); Member (2008-2012)
October 14, 2020, Covington Alert
In 2018, via Senate Bill 826 ("SB 826"), California became the first state to require corporations with outstanding shares listed on a major U.S. stock exchange and with a principal executive office in California to include women on their boards of directors.Now Governor Gavin Newsom has signed Assembly Bill 979 ("AB 979"), which adds new Section 301.4 to the ...
April 7, 2020, Covington Alert
Ninety-five percent of employing businesses in the United States are small businesses. As we discussed in detail here, the CARES Act seeks to support small businesses through the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL), in addition to other Small Business Administration (SBA) efforts involving the Emergency Advance: SBA ...
September 10, 2019, The Recorder
July 12, 2019
PALO ALTO—Covington advised Argo AI, LLC, a technology platform company that is working with leading automakers to deliver a fully integrated self-driving system, in the deal announced today with Volkswagen AG and Ford Motor Company. Volkswagen will be making a $2.6 billion investment, becoming Argo AI’s second investor and building upon a $1 billion investment ...
September 5, 2018, Covington Alert
This client alert summarizes recent regulatory developments relating to fintech and discusses the implications of these developments.
July 19, 2018, Inside Energy & Environment
California continues to see growth in alternative and clean energy initiatives. Below is a sample of recent notable developments. Solar Panels on Every Home Starting 2020 The California Energy Commission (CEC) voted on May 9, 2018 to impose additional energy efficiency building standards, including the requirement that starting in 2020, new homes (with some ...
February 17, 2018, Inside Energy & Environment
Earlier this week, President Trump released the outline of his infrastructure plan, which includes over three dozen proposals intended to reduce delay, inefficiency and redundancy in the project permitting process. The plan contemplates amendments to major federal environmental statutes, including the National Environmental Policy Act, the Clean Air Act, and ...
October 4, 2017
SAN FRANCISCO—The Recorder has named Covington partner Ingrid Rechtin to its list of “2017 Women Leaders in Tech Law.” This annual recognition commemorates “recent outstanding work by California-based lawyers whose practices focus on technology companies and issues.” In its profile of Ms. Rechtin, the publication highlights her representation of Sanofi in ...
October 2, 2017, The Recorder
The Recorder named Ingrid Rechtin one of its "2017 Women Leaders in Tech Law." In her profile, Ms. Rechtin provides advice to young lawyers in tech. She says, "Be flexible and open to new opportunities. The tech space evolves quickly and as a lawyer you can provide more value to your clients if you have a broader view—across industries, companies of all sizes, ...
September 9, 2017, Inside Energy & Environment
California continues to cement its position as a global leader in renewable energy policy and climate change reform. This session, California State Senate President, Kevin de León, authored Senate Bill 100 (S.B. 100), which would require California utilities to procure 100 percent of their energy from renewable sources by 2045. S.B. 100 has been approved...… ...
October 25, 2016, Covington Alert
In a recent case, Robinson v. U-Haul Company of California, the California Court of Appeal for the First Appellate District affirmed a trial court's award of attorney’s fees and issuance of a permanent injunction against a company from using a noncompete in its California dealer contracts.
October 16, 2015, Inside Energy & Environment
Last week, California Governor Jerry Brown signed the Clean Energy and Pollution Reduction Act of 2015. The law establishes ambitious energy efficiency and renewable energy goals for California, including increasing from 33% to 50% the procurement of California’s electricity from renewable sources and doubling the energy efficiency savings through energy ...
October 8, 2015
WASHINGTON, DC, October 8, 2015 — Covington advised Prosper Marketplace, a leading online marketplace that connects borrowers and investors, in its acquisition of BillGuard, a personal finance analytics company. The financial terms of the deal were not announced. According to the company’s press release, the acquisition will enable Prosper Marketplace to offer ...
August 26, 2015, Covington Alert
April 13, 2015
SAN FRANCISCO, April 13, 2015 — Covington advised Prosper Marketplace, Inc. in its $165 million Series D financing. This round was led by Credit Suisse NEXT Investors, part of Credit Suisse Asset Management, and included J.P. Morgan Asset Management, SunTrust Banks, a subsidiary of USAA, BBVA Ventures (BBVA’s representative office in San Francisco), Neuberger ...
It Is Tough To Beat Calif. On Noncompetes
February 12, 2015, Law360
Covington's Ingrid Rechtin authored this article on the Delaware Chancery Court declining to follow an explicit Delaware choice of law provision, denying a Delaware limited liability company’s request for preliminary injunctive relief to enforce a noncompete provision against a California resident and former employee.
Delaware Chancery Court Declines to Enforce Noncompete in California Despite Choice of Law Provision
February 5, 2015, Inside Compensation
In a recent Delaware Chancery Court case, the court declined to grant a preliminary injunction to enforce a noncompetition covenant against a California resident and former employee, finding the covenant would be unenforceable under California law, despite an explicit choice of law provision in the relevant contract designating Delaware law as the governing law ...
Delaware Chancery Court Declines to Enforce Noncompete in California Despite Choice of Law Provision
February 4, 2015, Covington E-Alert
August 8, 2014
SAN FRANCISCO, August 8, 2014 — Northern California Super Lawyers named Tammy Albarrán one of Northern California’s “Top 50 Women” lawyers and Robert Haslam one of the region’s “Top 100” lawyers. The publication selected 33 Covington & Burling lawyers for its 2014 list of top legal talent. Super Lawyers selects no more than five percent of the total lawyers who ...
March 21, 2014, Inside Energy & Environment
On March 19, 2014, the California Energy Commission, the state’s primary energy policy and planning agency, announced that it was initiating a regulatory process leading to the regulation of 15 categories of consumer appliances as to usage of electricity, natural gas, and water. This comes in part in response to the three-year drought period in...… Continue ...
September 3, 2013
SAN FRANCISCO, September 3, 2013 — Covington & Burling is advising Microsoft Corp. in its purchase of substantially all of Nokia’s devices & services business. Under the transaction, Microsoft will also license Nokia’s patents, and license and use Nokia’s mapping services. The total transaction price is EUR 5.44 billion in cash — or more than $7 billion. The ...
Covington Promotes 15 Lawyers to Partnership
October 1, 2012
WASHINGTON, DC, October 1, 2012 — Covington & Burling is pleased to announce that it has elected 15 new lawyers to its partnership. This group is comprised of diverse and talented individuals from five offices who have made their mark at the firm through exceptional work and the highest standards of client service. “We’re delighted to welcome these 15 lawyers to ...
8/23/2012
SAN FRANCISCO, August 23, 2012 — Northern California Super Lawyers selected 24 Covington & Burling lawyers for its 2012 list of top legal talent. Super Lawyers selects no more than five percent of the total lawyers who practice in Northern California based on peer review and the publication’s independent research. Robert Fram and Robert Haslam were named among ...
8/2/2012
SAN FRANCISCO, August 2, 2012 — Covington & Burling represented Borrego Solar Systems, Inc. in connection with its new $64.4 million project finance fund with partners U.S. Bank and National Cooperative Bank. The fund will be used to build more than 18 megawatts of solar energy systems, including systems to be located at four municipal landfill installations and ...
April 23, 2012
SAN FRANCISCO, April 23, 2012 — Covington & Burling advised Microsoft Corp. in negotiating a definitive agreement with Facebook that assigns the social networking company the right to purchase a portion of a patent portfolio that Microsoft recently purchased from AOL Inc. Under the agreement, announced today, Facebook will pay $550 million in cash. Covington ...
Ingrid Rechtin Named a “Fast Track” Lawyer
April 13, 2012
SAN FRANCISCO, April 13 , 2012 — The Recorder has named Ingrid Rechtin to its list of “50 Lawyers on the Fast Track.” The publication’s editors chose the winners after reviewing materials on more than 300 nominees, all California lawyers in their first 10 years out of law school. “We judged the nominees as leaders, lawyers and community members: Making the ...
Covington Advises Borrego Solar in Financing Transaction
3/1/2012
SAN FRANCISCO, March 1, 2012 — Covington & Burling LLP represented Borrego Solar Systems, Inc. in connection with its new $47 million project finance fund with partners U.S. Bank and East West Bank. The fund will finance solar energy projects that are expected to create hundreds of new jobs and generate electricity to power nearly 2,000 homes. Borrego Solar is ...
November 2, 2011
SAN FRANCISCO, November 2, 2011 — Covington & Burling LLP represented Microsoft Corporation in the sale of its minority interest in ContentGuard Holdings, Inc. to Pendrell Technologies LLC. ContentGuard, based in El Segundo, Calif., is a leading inventor, developer and licensor of digital rights management (DRM) and related content distribution patents and ...
Covington Advises Microsoft in Standards-Essential Wireless Patents Portfolio Transaction with MOSAID and Nokia
September 2, 2011
SAN FRANCISCO, September 2, 2011 — Covington & Burling LLP represented Microsoft Corp. in a patent monetization transaction involving the acquisition by MOSAID Technologies Incorporated of Core Wireless Licensing S.a.r.l., a Luxembourg company that holds a portfolio of 400 patent families, consisting of approximately 2,000 wireless patents and patent ...
Covington Advises Prosper Marketplace in Funding Round
June 8, 2011
SAN FRANCISCO, June 8, 2011 — Prosper.com, a social lending marketplace that brings together creditworthy borrowers with individual and institutional investors, has raised over $17 million in funding from new investors, Draper Fisher Jurvetson and Crosslink Capital. Covington & Burling LLP advised Prosper on the transaction. Existing investors, Accel Partners, ...
Covington Advises Microsoft in $8.5 Billion Skype Deal
May 10, 2011
WASHINGTON, SAN FRANCISCO, BRUSSELS, AND LONDON, May 10, 2011 —Covington & Burling LLP is advising Microsoft Corp. in its acquisition of Skype Global S.à.r.l., the leading Internet communications company, for $8.5 billion in cash. Microsoft’s purchase of Skype from the investor group led by Silver Lake is expected to increase the accessibility of real-time ...
January 11, 2011
NEW YORK, January 11, 2011 — Scout Partners LLC has announced that it has made a growth capital investment in The Hinckley Company. Terms of the transaction, which closed on December 30, 2010, were not disclosed. Covington & Burling LLP advised Scout Partners on the deal. Scout Partners, a partnership between David Howe and Peterson Capital LLC, was created ...
October 25, 2010
SAN FRANCISCO, October 25, 2010 — Omeros Corporation today announced that it has received $20 million from Vulcan Capital as well as a grant award for $5 million from Washington State's Life Sciences Discovery Fund (LSDF) to support the advancement of the Company's G protein-coupled receptor (GPCR) program. In return, Vulcan Capital and LSDF have a right to ...
Covington Advises Prosper Marketplace on Series D Round
April 19, 2010
SAN FRANCISCO, April 19, 2010 — Prosper.com, the world’s largest peer-to-peer lending marketplace with nearly one million members and more than 32,000 funded loans totaling over $194 million, announced that it has raised $14.7 million in a Series D round from new investors TomorrowVentures, LLC and CompuCredit Holdings Corporation, and all of Prosper’s existing ...
March 2, 2009
SAN FRANCISCO, CA, March 2, 2009 — Borrego Solar Systems Inc. and groSolar Inc. announced that they have completed the sale of the residential solar division of Borrego to groSolar. Financial terms of the agreement were not disclosed. Covington & Burling LLP advised Borrego on the transaction. Following the sale, Borrego Solar will continue its focus on ...
2/5/2009
SAN FRANCISCO, CA, February 5, 2009 — Covington & Burling LLP advised solar power systems designer and installer Borrego Solar Systems Inc. in a $14 million first round of venture financing from an unnamed publicly traded company. Borrego Solar is a solar electric contractor specializing in commercial, residential and public sector turnkey, grid-connected solar ...
November 17, 2008, Covington E-Alert
Covington Advises bioMérieux on AviaraDx Acquisition
9/18/2008
SAN FRANCISCO, CA, September 18, 2008 — BioMérieux announced that it has signed an agreement to acquire privately held AviaraDx, Inc. for $60 million. BioMérieux plans to keep AviaraDx as an independent legal entity called bioTheranostics, Inc. Covington & Burling LLP advised bioMérieux on the transaction. BioMérieux, based in France, specializes in the in ...
Covington’s Rechtin Appointed to Corporations Committee of the Business Law Section of California State Bar
8/4/2008
SAN FRANCISCO, CA, August 4, 2008 — Covington & Burling LLP lawyer Ingrid Rechtin has been appointed as a member of the Corporations Committee of the Business Law Section of the State Bar of California. Section Committee membership provides a unique opportunity to participate in the creation of practice area law. The Corporations Committee consists of 24 ...
2/1/2008
SAN FRANCISCO, CA, February 2, 2008 — Covington & Burling LLP advised Schwab Performance Technologies in its acquisition of RIA back office outsourcing provider Etelligent Consulting, Inc. Financial terms of the transaction have not been disclosed. Founded in 1985, Schwab Performance Technologies is a subsidiary of The Charles Schwab Corporation and a leading ...
January 17, 2007
NEW YORK, NY, January 17, 2007 — Evraz Group S.A. announced that it successfully completed its tender offer for Oregon Steel Mills, Inc. (NYSE: OS) common stock for $63.25 per share, with approximately 91.5% of the outstanding shares of common stock of Oregon Steel Mills tendered into the offer. The tender offer was the first step of the previously announced ...
Covington Advises Abbott Laboratories in $3.7 Billion Acquisition of Kos Pharmaceuticals, Inc.
11/06/2006
NEW YORK, NY, November 6, 2006 — Abbott Laboratories (NYSE: ABT) announced the acquisition of Kos Pharmaceuticals (NASDAQ: KOSP) through a cash tender offer of $78.00 per common share, or $3.7 billion. Covington & Burling LLP represented Abbott in the transaction. Abbott is a global, broad-based health care company devoted to the discovery, development, ...
Covington Advises JLG Industries in $3.2 Billion Merger into Oshkosh Truck Corporation
10/16/2006
WASHINGTON, D.C., October 16, 2006 — The board of directors of JLG Industries, Inc. (NYSE: JLG) has approved an all cash offer of $28.00 per common share to merge with, and become, a subsidiary of Oshkosh Truck Corporation (NYSE: OSK). According to JLG’s press release, the $3.2 billion merger is dependent on the approval of JLG shareholders. The transaction is ...
- Legal 500 US, Patents: M&A: Venture Capital & Emerging Companies (2014, 2016-2017); Media, Technology, & Telecoms: Technology (2015, 2017); Portfolio Management and Licensing (2016); M&A: Corporate & Commercial (2015); M&A: Large Deals, and Technology: Transactions (2014)
- The Recorder, “2017 Women Leaders in Tech Law"
- Women in Law Hackathon (sponsored by Stanford Law School and Bloomberg Law), Crowd Favorite Award for recommendation of adoption of the Mansfield Rule by Ms. Rechtin and her team (2016)
- Northern California Super Lawyers, M&A, Business/Corporate (2013-2019) and “Rising Star” (2012)
- The Recorder, “50 Lawyers on the Fast Track” (2012)
- Legal Aid Society Pro Bono Award (2004)
Looking for Blockchain Solutions?
No longer is blockchain technology reserved for tech specialists. Discover this capable tool recognized and largely embraced by the global community.