Freshfields is representing Zuora, Inc. (NYSE: ZUO) in connection with its entrance into a cooperation agreement with Scalar Gauge Fund, LP and certain of its affiliates, as well as other governance and related matters. On May 1, 2024, Zuora announced it had entered into a cooperation agreement with Scalar Gauge pursuant to which Scalar Gauge agreed to standstill, voting, non-disparagement and other provisions, as well as the appointment of one independent director to the board.
The Freshfields team was led by partners Ethan Klingsberg and Elizabeth Bieber, with associates Joyce Yeo, Elen Shlyakhanova and Connor Lang, with support from partners Sarah Solum and Oliver Board.