Kirkland Advises Tenneco on Cooperation Agreement with Protean Services and Daniel Ninivaggi

Kirkland & Ellis advised Tenneco Inc., one of the world's leading designers, manufacturers and marketers of aftermarket, ride performance, clean air and powertrain products and technology solutions for diversified markets, on its Cooperation Agreement with Protean Services LLC and Daniel A. Ninivaggi.  As part of the Cooperation Agreement, Protean withdrew its slate of directors for Tenneco’s 2020 annual shareholder meeting and agreed to certain standstill and voting commitments.

Kirkland also advised Tenneco on its Board and governance refreshment processes, including the appointment of Aleks Miziolek to serve as a director of the Company.

Read the company press release

The Kirkland team was led by corporate partners Robert Hayward, Shaun Mathew, and Lauren Colasacco, corporate associate Sean Brownridge, and litigation partner Stefan Atkinson, with assistance from corporate partners Daniel Wolf and Lisa Martin, corporate associates Eleni Belay and Matthew Stylianou, litigation partner Jordan Peterson, and litigation associate Madelyn Morris.