Citing the firm’s extensive national resources and complementary practices, a group of Denver attorneys will join Polsinelli Shughart effective November 1. The attorneys include some of Denver’s most highly respected corporate, intellectual property, real estate, and construction and business litigation attorneys from Hensley Kim, LLC. The attorneys join Polsinelli Shughart’s Denver office and will serve clients locally, regionally and nationally.
National law firm McGlinchey Stafford PLLC is pleased to announce that it has opened a new office in Fort Lauderdale, Florida. Paul H. Minoff has joined the firm as Of Counsel and will lead operations in Fort Lauderdale. The firm’s expansion into South Florida follows its initial move into the state in August of 2010, with the opening of an office in Jacksonville.
Bird & Bird is delighted to announce the appointment of a new team to strengthen our recently opened Hamburg office. The arrival of this team doubles the number of partners in Hamburg and brings key expertise to a city with a strong media market.
An El Paso Corporation lawyer has rejoined Fulbright’s Pennsylvania office, which serves companies working within the Marcellus Shale. Janet McQuaid returns to Fulbright as an environmental law partner focusing on energy clients. She previously was a partner in the firm’s Austin office for seven years before going in-house at El Paso in 2008. McQuaid spent 15 years at Fulbright, where she represented energy, chemical, and waste disposal companies in waste, water, toxic substance control, and remediation matters.
Joy Global Inc. (NASDAQ: JOYG), a worldwide leader in high-productivity mining solutions, reported today that it has entered into a definitive agreement to sell the drilling products business of its recently acquired LeTourneau Technologies, Inc. to Cameron International Corporation (NYSE: CAM) for $375 million in cash, subject to certain post-closing adjustments. Covington & Burling LLP advised Joy Global on the deal.
On August 25, 2011, Industrias Unidas, S.A. de C.V. (“IUSA”) received a confirmation order from the U.S. Bankruptcy Court in Delaware that marked the successful conclusion of the U.S. portion of its multinational debt restructuring, scheduled to close in September. IUSA is one of Mexico’s largest diversified industrial groups, manufacturing copper-based and electrical products for the housing and electrical power markets primarily in the U.S and Mexico.
William H. Hines, Managing Partner of the law firm of Jones, Walker, Waechter, Poitevent, Carrère & Denègre L.L.P, and Dennis W. Miller, Chief Executive Officer of the law firm of Watkins Ludlam Winter & Stennis, P.A., today announced plans to combine firms. The combination, approved by the shareholders of Watkins Ludlam and the Jones Walker partnership this month, is to be effective on or before January 1, 2012. The combined firm will have more than 375 attorneys. The transaction adds 67 new attorneys, one government relations specialist, and three Mississippi offices in Jackson, Gulfport, and Olive Branch to the Jones Walker firm.
Clifford Chance has advised Nakheel PJSC on the successful restructuring of liabilities in a total amount in excess of US$16bn, which closed last week. The amount and the nature of the liabilities involved and the large number of creditors made this one of the most complex restructurings in the region to date requiring the assistance of a large multi-disciplinary team. The restructuring also included the legal separation of the Nakheel PJSC group from the rest of the Dubai World group.
Chadbourne & Parke LLP represented Mexican government mortgage FOVISSSTE in two recent large deals. The first deal, completed on August 8, was a private cross-border mortgage backed securitization worth approximately US$450 million. The second deal, completed on August 22, was an approximately $US325 million issuance of its TFOVI program in the Mexican Stock Exchange.
Davis Polk advised PepsiCo, Inc. on its registered offering of $500 million aggregate principal amount of 0.8% senior notes due 2014 and $750 million aggregate principal amount of 3.0% senior notes due 2021. BNP Paribas Securities Corp., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.