Skip to Content
News | 08.23.19

IAC Invests $250 million in Turo

Morrison Cohen was lead investor counsel for IAC in its $250 million investment in Turo, the world's largest peer-to-peer car sharing marketplace. The Morrison Cohen team included Anthony M. Saur and Alyssa L. Pehmoeller (Corporate) David Lerner and Shruti Chopra (IP); Alan M. Levine and Michael Oppenheimer (Benefits/ERISA); Theodore L. Marks (Real Estate); and Peter K. Anglum, Seth Segan and Matthew Manuelian (Antitrust).

Media Inquiries

Please direct media inquiries to the Marketing Department.

Related Practices

Corporate

Clients rely on our corporate lawyers' business judgment, legal advice, market knowledge and analytical skills to identify legal and business issues and solve problems.

Emerging Companies & Venture Capital

Morrison Cohen's Emerging Company & Venture Capital Practice provides comprehensive guidance to venture capital funds and emerging companies. Our services span the full range of fundraising, operations, formation, governance, investments and liquidity transactions.

Executive Compensation & Employee Benefits

Our Executive Compensation & Employee Benefits Practice represents companies and individuals in virtually all aspects of the employment relationship and in a wide variety of industries. We provide strategic advice and offer creative, commercial solutions designed to achieve favorable outcomes for our clients.

Investment Funds & Advisers

Our Investment Funds & Advisers Practice provides all-encompassing legal services to investors and sponsors in the alternative asset space. Our clients include investment advisers – registered and unregistered, domestic and international – and asset allocators of all sizes, ranging from high-net-worth individuals to asset management arms of large financial institutions.

Mergers & Acquisitions

Our Mergers & Acquisitions Practice brings together lawyers from our Corporate, Tax, Bankruptcy & Reorganization, Commercial Lending & Finance, Business Litigation, Compensation, Benefits & Employment, Real Estate and Intellectual Property Practices to strategically structure, negotiate and consummate complex business combinations. 

Real Estate

Our Real Estate Practice is one of New York’s most prominent real estate practices, representing clients in the leasing, purchase, sale, development and financing of commercial, industrial, development and residential properties.

Tax

Our Tax Practice draws on a wealth of experience representing financial institutions, fund sponsors and strategic company clients of all sizes and across all major industries, in domestic and cross-border transactions, to provide creative, tax efficient solutions to complex tax problems and challenges.

Technology, Data & IP

Our Technology, Data & IP Practice helps you design long-term strategies for the protection of your intellectual property assets, maximize your technology infrastructure and comply with the myriad privacy and data security laws facing business today. Where necessary, we also develop and implement cost-efficient litigation strategies to best protect and enhance your business, now and in the future.

Private Equity

Morrison Cohen’s lawyers focus on middle-market private equity transactions, representing private equity firms in the full spectrum of their activities, including acquisitions and investments, exits, co-investments and fund formation.