Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
11.04.25
Pillsbury advised the Delaware Attorney General, on behalf of the public beneficiaries of the OpenAI non-profit corporation, in connection with the Attorney General’s review of the recapitalization of OpenAI’s for-profit enterprise from a Delaware limited liability company into a newly formed Delaware public benefit corporation.
The cross-practice Pillsbury team was led by M&A and Private Equity Practice Leader Stephen Amdur, Litigation partner Eric Fishman and Corporate partner Adam Rachlis, and included Nonprofit partner Jerald Jacobs and Litigation partner Jeffrey Metzler.