Weil Advises Leucadia in Merger with Jefferies

Weil is advising Leucadia National Corporation, a US holding company, in the merger of Leucadia and Jefferies Group, Inc., a US financial services company. The deal has a total equity value of roughly $2.6 billion, or $3.7 billion when Leucadia’s existing 28.6% ownership stake is included. The transaction is expected to close in the first quarter of 2013.

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Tags:  Weil, Gotshal & Manges, LLP | New York

Willkie Advises Goldman Sachs Mortgage Company on $1.85 Billion Secured Mortgage and Mezzanine Loans

As reported in the Wall Street Journal, on November 9 Willkie client Goldman Sachs Mortgage Company funded $1.85 billion of first mortgage and mezzanine loans secured by a portfolio of hotels owned by Kyo-ya Hotels & Resorts, LP, a subsidiary of Kokusai Kogyo K.K., a Japanese company, which is jointly owned by foreign and domestic funds, accounts and other entities controlled or managed by Cerberus Capital Management, L.P and/or Cerberus Real Estate Capital Management, LLC (55%) and Kokusai Kogyo Holdings K.K., an entity owned and controlled by Mr. Takamasa Osano and his family members and/or affiliated entities (45%).

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Tags:  Willkie Farr & Gallagher LLP | New York

Shearman & Sterling Advises SafeNet on Sale of Government Solutions Business

Shearman & Sterling is representing SafeNet, Inc. in its definitive agreement to sell its Government Solutions Business to an undisclosed buyer. The transaction, which is subject to customary closing conditions, including required regulatory approvals, is expected to close by the end of 2012. Financial terms of the agreement were not disclosed.

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Tags:  Shearman & Sterling LLP | New York

Paul Hastings Represents RBC in Milk Specialties Company $315 Million Refinancing

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada and BNP Paribas as lead arrangers and Royal Bank of Canada as administrative agent in connection with new senior secured first lien credit facilities, consisting of a $250 million term loan facility, a $30 million delayed draw term loan facility and a $35 million revolving credit facility, the proceeds of which were used, among other things, to refinance the existing first lien and second lien credit facilities of Milk Specialties Company.

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Tags:  Paul Hastings LLP | New York

Terence K. McLaughlin Joins Morrison Cohen as New Lateral Partner

Morrison Cohen LLP has announced the admission to the Firm of its newest lateral partner,Terence K. McLaughlin. Mr. McLaughlin will join the Firm’s Business Litigation Department. Immediately prior to joining, Mr. McLaughlin was a partner in the Litigation Department of Willkie Farr & Gallagher LLP.

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Tags:  New York