News

August 23, 2019 News

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).