Katten Muchin Rosenman LLP has significantly expanded its Environmental practice, landing seven top attorneys and preeminent workplace safety and environmental lawyer Mark Farley. The move broadens both the legal skillsets and national reach of that rapidly growing practice and adds a new office in Houston, Texas.
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Paul Hastings LLP, a leading global law firm, announced today that the firm represented SunTrust Bank and SunTrust Robinson Humphrey, Inc. as the sole lead arranger in connection with the underwriting of debt financing commitments relating to Avista Capital Partners’ $253 million proposed acquisition of Telular Corporation (Nasdaq:WRLS). The proposed acquisition by Avista Capital Partners is currently expected to close within 50 to 75 days.
Tags: Paul Hastings LLP | New YorkPaul Hastings, a leading global law firm, announced today that the firm represented the lead arrangers UBS AG, Stamford Branch and Merrill Lynch, Pierce, Fenner & Smith Incorporated in connection with the financing of the first lien credit facility of U.S. Shipping Corp., a leading provider of long-haul marine transportation services. The financing consisted of a $220 million first lien term facility and $50 million second lien term facility.
Tags: Paul Hastings LLP | New YorkEdwards Wildman Palmer LLP is pleased to announce that Howard H. Jiang has joined the firm as a partner and Jie Xiu as counsel in its Business Law Department. Jiang and Xiu will be resident in the firm’s office in New York City. Their practice focuses on all aspects of corporate law, including mergers and acquisitions, business ventures, and securities and corporate governance.
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Building on its recent momentum in San Francisco, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. announced that Jonathan A. Shapiro, an experienced corporate and securities litigator formerly of Wilmer Hale, has joined as a Member and the Head of the firm’s West Coast Litigation Practice. He is the fourth new Member to join the San Francisco office in the last month.
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The Firm is representing Alibaba Group Holding Limited, China’s largest e-commerce company, in connection with its investment in Weibo Corporation and strategic alliance with SINA Corporation (NASDAQ GS: SINA). Alibaba, through a wholly owned subsidiary, has invested $586 million to purchase preferred and ordinary shares of representing approximately 18% of Weibo on a fully-diluted basis. SINA has also granted an option to Alibaba to enable Alibaba to increase its ownership in Weibo to 30% on a fully-diluted basis at a mutually agreed valuation within a certain period of time in the future.
Tags: Simpson Thacher & Bartlett LLP | Hong KongThe Firm recently represented Pinnacle Foods Inc. (“Pinnacle Foods”) and its indirect wholly-owned subsidiary, Pinnacle Foods Finance LLC, in connection with a new senior secured credit facility, consisting of a $1,630 million term loan due 2020 and a $150 million revolving credit facility due 2018, as well as the sale of $350 million aggregate principal amount of 4.875% senior unsecured notes due 2021.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher is representing funds advised by Kohlberg Kravis Roberts & Co. L.P. in connection with the acquisition of approximately 65% of Groupe SMCP (“SMCP”). SMCP is a leading ready-to-wear affordable luxury apparel retailer, and is currently controlled by L Capital (a private equity firm sponsored by LVMH Group), Florac (a private equity sponsor) and management. Existing management will retain a stake of approximately 35%. Simpson Thacher is also representing the buyer on the related financing of the acquisition.
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McGuireWoods LLP today announced that Diane Flannery has joined the firm’s product liability and mass torts group as a partner in Richmond.
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