Novak Druce + Quigg and Connolly Bove Formally Approve Merger To Create IP Super Boutique

The partnerships of Novak Druce + Quigg LLP and Connolly Bove Lodge & Hutz LLP, jointly announced today that their merger discussions have progressed ahead of schedule. The firms have officially voted and executed agreements to merge effective January 1, 2013, creating the 7th largest IP boutique in the U.S. The new firm, to be known as Novak Druce Connolly Bove + Quigg LLP, will boast more than 140 attorneys, agents and technical advisors across seven offices.

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Tags:  Novak Druce Connolly Bove + Quigg LLP | Houston

Nixon Peabody Advises Wells Fargo in $621 Million Deal to Refinance Mortgage Loan for New York City Cooperative; Loan Preserves Affordable Housing for Thousands of Bronx Families

The U.S. Department of Housing and Urban Development (HUD) has announced a $621 million deal to refinance a previous mortgage at Co-op City, a large cooperative housing community that is home to more than 57,000 residents in the Bronx, New York. As announced by HUD Secretary Shaun Donovan, HUD and Wells Fargo Bank N.A. closed on the loan that will preserve long-term affordable housing for these families and significantly lower annual interest payments for the building’s owner over the next 35 years. The new mortgage is backed by the Federal Housing Administration’s (FHA) General Insurance and Special Risk Insurance (GI/SRI) Fund. Nixon Peabody LLP provided legal counsel to Wells Fargo Bank N.A.

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Tags:  Nixon Peabody LLP | New York

Greenberg Traurig Maher Assists Invensys PLC in £625M Agreement with Trustee of Invensys Pension Scheme to Enable £1,742 Million Sale of Invensys’ Rail Division to Siemens AG and £625 Million Return of Cash to Invensys’ Shareholders

The international law firm Greenberg Traurig Maher LLP (GTM) represented Invensys, the global technology company, in discussions with the Trustee of Invensys UK Pension Scheme to provide Invensys with a long-term pension solution and increased financial flexibility.

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Tags:  Greenberg Traurig LLP

Maynard, Cooper & Gale, P.C. Welcomes Jaime Betbeze to Its Mobile Office

Maynard, Cooper & Gale, P.C. is pleased to announce that Jaime Betbeze has joined the firm’s Mobile office as a shareholder in the firm’s General Litigation practice group. Mr. Betbeze’s practice has special emphasis on admiralty, transportation law, and construction law. Mark Drew, managing partner of the firm, stated “Jaime brings more than 15 years of litigation experience and bolsters our firm’s offerings in the Mobile area with experience in admiralty, construction law, and regulatory compliance”.

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Tags:  Maynard Nexsen PC

Simpson Thacher Represents Forest City Ratner Companies in Formation of Joint Venture with Skanska USA

The Firm is representing Forest City Ratner Companies (FCRC) in connection with its formation of a joint venture with Skanska USA related to the construction of residential towers in the Atlantic Yards development project in Brooklyn, New York. FCRC is the developer of the $4.9 Billion Atlantic Yards project, which is a mixed-use commercial and residential development project and includes the recently opened Barclays Center. The first of the residential towers to be constructed as part of the Atlantic Yards project are designed to be erected using modular construction technology, and the new company created by the joint venture will be responsible for building the towers’ modular components. FCRC expects to break ground shortly on the first 32-story tower, which is expected to become the tallest modular building in the U.S. upon completion.

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Tags:  Simpson Thacher & Bartlett LLP | New York