K&L Gates Adds Leading FinTech Partners

Global law firm K&L Gates LLP welcomes Judith Rinearson and Linda C. Odom as partners in the firm’s FinTech and Consumer Financial Services practices. Rinearson, who joins K&L Gates’ New York and London offices, and Odom, who joins the Washington, D.C. office, both arrive from Bryan Cave LLP.

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Akerman Grows Chicago Office with Former R.R. Donnelley VP and Chief Patent Counsel, Thomas Pasternak

Akerman LLP, a top 100 U.S. law firm serving clients across the Americas, today expanded its Chicago office with partner Thomas Pasternak in the Intellectual Property Practice Group. He adds dedicated experience in patent and trademark litigation to a team that has grown six times larger to 48 lawyers since Akerman’s Chicago office opened in 2014. To accommodate this rapid office growth, Akerman recently revealed a plan to more than double its physical footprint in the region.

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Orrick Adds M&A and Energy Partner in Houston with Latin America Focus

Orrick announced today that Gabriel Salinas has joined the firm as a partner in its M&A and Private Equity practice and Latin America team, resident in its Houston office. Orrick launched its Houston office earlier this year and has rapidly grown it to 42 lawyers drawing on top-tier talent in the Texas market. Gabriel joins Orrick from Mayer Brown.

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King & Spalding Represents Henkel on $3.6 Billion Acquisition Financing

King & Spalding advised Henkel – a leading Germany-based manufacturer of home care, beauty and adhesive products – on the $3.6 billion acquisition financing for its purchase of US detergent and household products business Sun Products Corporation.

Henkel purchased the company from Vestar Capital Partners, making Henkel the second largest laundry care business in North America. The Sun Products Corporation, headquartered in Wilton, Connecticut, manufactures household products that include Snuggle, Wisk, Surf and Sunlight.

The deal was funded by a $3.6 billion debt package arranged by BNP Paribas Fortis SA/NV, Deutsche Bank AG and J.P. Morgan Limited. The underlying credit agreement was signed on July 21.

King & Spalding acted for Henkel on the acquisition financing. The cross-border team was led by London and Frankfurt-based finance and restructuring partner Dr. Werner Meier. London partner John Taylor worked on FATCA matters, while New York partner John Sweet and Frankfurt partner Dr. Axel Schilder provided US and German tax advice, respectively. New York partner Cecilia Hong advised on US banking issues.

“Henkel is a long-standing and regular client of mine, stretching back almost a decade to when I first advised the company on a €2.6 billion financing for the acquisition of the adhesives and electronic materials businesses of AkzoNobel in 2007,” Meier said. “I am extremely pleased to have continued this relationship and assisted in such a significant and strategic cross-border investment for the company.”

Cozen O’Connor Welcomes Labor & Employment Attorney John Ho to New York Office

Cozen O’Connor is pleased to announce that John Ho has joined the firm’s Labor & Employment Department and will be located in the New York office. Ho will be a member at the firm and joins Cozen O’Connor from Bond, Schoeneck and King. His practice focuses on wage and hour matters involving federal and state regulations, including the Miscellaneous Industries Wage Orders, the Hospitality Wage Order, and the Occupational Safety and Health Act, as well as discrimination claims, workplace investigations and arbitration.

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