Jenner & Block

Firm Represents Nonprofit Beyond OCD to Help Further Its Mission

Jenner & Block recently represented Beyond OCD (BOCD), a Chicago not-for-profit and the leading provider of consumer-friendly resources to help sufferers cope with and conquer Obsessive Compulsive Disorder (OCD), in the contribution of its assets to the Anxiety and Depression Association of America (ADAA), a nonprofit that promotes the prevention, treatment and cure of anxiety and mood disorders, OCD and PTSD through education, practice and research.  Referred to the firm in early March 2016, BOCD sought counsel on the structure and documentation of the transaction, which had to be completed by March 31.  Jenner & Block’s team was led by corporate Associate Kevin M. Waklatsi, who immediately became involved in negotiations with the ADAA to ensure that the mission of BOCD would continue and that the assets contributed to ADAA would be used to continue OCD-related programming.  Under Mr. Waklatsi’s guidance, both sides were able to close the transaction quickly and on time, accommodating both BOCD’s and ADAA’s target closing date.  Partner Gail H. Morse provided supervision and Of Counsel Emma J. Sullivan provided assistance on labor issues.