James T. Jacks Joins Patton Boggs LLP

Patton Boggs LLP is pleased to announce that James T. Jacks, former United States Attorney for the Northern District of Texas, has joined the firm as partner. Resident in Patton Boggs’ Dallas office, Mr. Jacks joins the firm’s Litigation and Dispute Resolution practice group.

More >>

Tags:  Squire Patton Boggs | Dallas

Donald S. Davidson Joins Winston & Strawn San Francisco

Winston & Strawn LLP today announced Donald S. Davidson will join the firm’s San Francisco office as partner in the litigation practice. Mr. Davidson was formerly a partner at Bingham McCutchen LLP where he practiced securities litigation and handled a wide range of matters for broker-dealers, investment advisers, and investment companies. He is the fourth attorney to join Winston & Strawn’s West Coast offices in just the last month.

More >>

Tags:  Winston & Strawn LLP | San Francisco

Willkie Advises Berkshire Hathaway in $4 Billion Reinsurance Transaction with CIGNA

On February 4, Willkie client Berkshire Hathaway Life Insurance Company of Nebraska entered into a reinsurance transaction with Connecticut General Life Insurance Company (a subsidiary of Cigna Corporation (Cigna)), pursuant to which Berkshire Hathaway reinsured $4 billion of guaranteed minimum death benefit (GMDB) and guaranteed minimum income benefit (GMIB) exposure of Cigna. The GMDB and GMIB exposures arise out of deferred annuities issued by other U.S. insurance companies and reinsured by Cigna.

More >>

Tags:  Willkie Farr & Gallagher LLP | New York

Kirkland Represents Belmont Hong Kong Ltd. in its $654 Million Acquisition of a 39.53 Percent Interest in, and Possible Conditional Mandatory Cash Offer for the Remaining Shares of, PCD Stores (Group) Limited

Kirkland & Ellis represents Belmont Hong Kong Ltd., a wholly owned subsidiary of Beijing Wangfujing International Commercial Development Co., Ltd., in its US$654 million (HK$5,099 million) proposed acquisition of a 39.53 percent interest in, and possible conditional mandatory cash offer for all the remaining issued shares of, PCD Stores (Group) Limited (331: Hong Kong). The transaction was publicly announced on January 31, 2013.

More >>

Tags:  Kirkland & Ellis LLP | Hong Kong

Eversheds Advises New World China Land on a CNY 3 Billion “Dim Sum” Bond Issue

Global law firm Eversheds has advised New World China Land (NWCL) on a new dim sum bond issue today, raising a total of CNY 3 billion (£307 million). This is NWCL’s second dim sum bond offering after their previous successful record-making CNY 4.3 billion offering last year, which still remains the largest corporate dim sum bond issuance in history, which Eversheds also advised NWCL on.

More >>

Tags:  Eversheds Sutherland | Hong Kong

Prominent Employment Litigator Joins Proskauer

Global law firm Proskauer has added leading Washington employment litigator Connie N. Bertram as a Partner in its Washington, DC, office. Ms. Bertram will serve as co-head of the firm’s DC Labor & Employment Practice, as well as co-head of its Government Regulatory Compliance & Relations and Whistleblowing & Retaliation groups. Ms. Bertram joins from Cooley LLP, where she led the Washington, DC, Employment & Labor and Government Contractor Compliance groups.

More >>

Tags:  Proskauer Rose, LLP

Stoel Rives Opens Office in Washington, D.C.

Stoel Rives LLP, a U.S. law firm, today announced that it has opened a satellite office in Washington, D.C. The new office is headed by firm partner Greg Jenner, a former Deputy Assistant Secretary of the U.S. Treasury for Tax Policy.

More >>

Tags:  Stoel Rives, LLP

Clifford Chance Advises CVC on Purchase of Philippines Business Process Outsourcing Company

Leading international law firm Clifford Chance has advised Asia Outsourcing Gamma Limited, a company controlled by CVC Capital Partners, on its purchase of Philippine Long Distance Telephone Company’s (PLDT) Business Process Outsourcing (BPO) business. The purchase price was in excess of US$300 million and is expected to close in March 2013, subject to government approvals.

More >>

Tags:  Clifford Chance LLP | Hong Kong