Former Ohio Supreme Court Justice Yvette McGee Brown to join Jones Day in Columbus

The global law firm Jones Day has announced that former Ohio Supreme Court Justice Yvette McGee Brown will join as a partner in the Firm’s Columbus Office where she will be part of Jones Day’s Business and Tort Litigation (USA) Practice. She served on the Court from January 2011 through December of 2012 after a long and distinguished judicial and public service career.

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Paul Hastings Advises salesforce.com in San Francisco Lease at One Rincon

Paul Hastings, a leading global law firm, represented salesforce.com, the enterprise cloud computing company, in leasing an approximately 230,000-square-foot office space at One Rincon in San Francisco. This deal immediately follows salesforce.com’s announcement that they will lease the entirety of a 450,000-square-foot highrise planned for 350 Mission Street and expand their presence in 50 Fremont by another 100,000 square feet.

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Bracewell Represents Flagstar Bancorp. in Sale of Large Portion of Northeast Commercial Loan Portfolio

Bracewell & Giuliani LLP represented Flagstar Bancorp, Inc., the holding company for Flagstar Bank, in its announced sale of a substantial portion of its Northeast-based commercial loan portfolio. Flagstar has entered into a Transaction Purchase and Sale Agreement under which a wholly-owned subsidiary of CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc., will acquire this portion of the portfolio. The transaction is effective December 31, 2012.

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Tags:  Bracewell LLP | New York

FaegreBD Advises Hormel Foods on Acquisition of Skippy® Peanut Butter Line

George D. Martin and Ryan R. Miske, partners in the M&A practice at Faegre Baker Daniels LLP, are principal attorneys serving as counsel to Hormel Foods Corporation in its acquisition of the Skippy® peanut butter business, including the related manufacturing facilities in Little Rock, Ark., and Weifang, China, from Unilever United States Inc. for approximately $700 million.

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Tags:  Faegre Drinker Biddle & Reath LLP

Wong & Partners Advises AIA Group on its Acquisition of ING Groep’s Malaysian Insurance Business

Wong & Partners, the Malaysian member firm of Baker & McKenzie International, has advised American International Assurance Company, Limited, a wholly owned subsidiary of AIA Group Limited (AIA) on the USD1.8 billion acquisition of ING Groep N.V’s (ING) Malaysian insurance and Takaful business. The purchase includes ING’s life-insurance and employee-benefits businesses in Malaysia and a 60 percent stake in ING Public Takaful Ehsan Berhad, a Takaful business. The acquisition will combine ING’s Malaysian operations and AIA’s existing Malaysian business, currently the third and the fourth largest in Malaysia respectively, to create the largest life insurer in the country. AIA’s market share will double to 25 percent in Malaysia, one of Southeast Asia’s most attractive and fastest growing life assurance markets. Partner Brian Chia led the team and was assisted by associates Stephanie Phua and Serene Kan.

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Freshfields Advises Rabobank International and Barclays on €700 Million Residential Mortgage Securitisation for Amstelhuys

International law firm Freshfields Bruckhaus Deringer has advised Rabobank International and Barclays on a €700 million securitisation transaction of Dutch residential mortgage loans originated by Amstelhuys. Amstelhuys is a 100% owned subsidiary of the Dutch-headquartered insurance and financial services group, Delta Lloyd.

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Tags:  Freshfields Bruckhaus Deringer LLP