Troutman Sanders Announces New San Francisco Office

Troutman Sanders LLP announced today plans to open an office in San Francisco, the firm’s fourth office on the West Coast since it first expanded into California in 2009. The office will officially open on April 1 in the Financial District at 580 California Street, where the firm has leased the entire eleventh floor.

“Our office in San Francisco will support our successful growth on the West Coast, and it will expand the robust work that we are already performing there for clients in our core practices of energy, finance, insurance, and intellectual property,” said Robert W. Webb, Jr., Chairman of Troutman Sanders. “In addition, as the United States business gateway to China, San Francisco will provide a unique and valuable link to our thriving offices in Beijing, Shanghai and Hong Kong to support and enhance the rapid growth of inbound and outbound work for our clients between our U.S. and China offices.”

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Nixon Peabody advises Oceanwide Holdings in $1B+ acquisition of San Francisco Towers

Oceanwide Holdings Co, Ltd., a publicly traded real estate company headquartered in China, is announcing the acquisition of the two-tower First & Mission development site in San Francisco’s TransBay. This is Oceanwide’s second major transaction since first entering the U.S. real estate market in December 2013 with the purchase of a 4.6-acre downtown Los Angeles parcel of land across from Staples Center and the L.A. Live entertainment complex.

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Paul Hastings Represents BioMarin in $911 Million Public Offering of Common Stock

Paul Hastings LLP, a leading global law firm, represented BioMarin Pharmaceutical Inc. (Nasdaq:BMRN), a pharmaceutical company that develops and commercializes innovative biopharmaceuticals for serious diseases and medical conditions, in connection with its underwritten public offering of 9,775,000 shares of common stock. BioMarin estimated the offering would raise gross proceeds of $911.5 million before costs.

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Former SF USAO Securities Fraud Chief Joins Covington

Douglas Sprague, former chief of the San Francisco U.S. Attorney’s Office Economic Crimes and Securities Fraud section, has joined Covington & Burling’s litigation group as a partner, further strengthening the firm’s highly regarded white collar practice. He will be resident in Covington’s San Francisco office.

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Emerging growth and venture capital lawyer Jonathan Axelrad joins DLA Piper in San Francisco

DLA Piper announced today that Jonathan Axelrad has joined the firm’s Corporate and Finance practice as a partner in the San Francisco office.

Axelrad represents emerging growth companies throughout their life cycle. He also represents venture capital and private equity funds that invest in early-stage companies, assisting in financings, mergers and acquisitions, and corporate governance issues.

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Nossaman Expands Public Pensions and Investments Practice in California With Ashley Dunning and Michael Toumanoff

Nossaman LLP is pleased to announce the addition of Ashley Dunning and Michael Toumanoff to the Firm’s Public Pensions and Investments Practice Group. Ms. Dunning will be based in the Firm’s San Francisco office as a Partner and Co-Chair of the Public Pensions and Investments Group, and Mr. Toumanoff will be based in the Firm’s Los Angeles office as Of Counsel. Both join from Manatt Phelps & Phillips.

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OnDeck Raises $200 Million in IPO, Valued at $1.3 Billion

​On Deck Capital, Inc., a leading online platform for small business lending, priced its initial public offering at $20 per share on December 16, 2014, valuing the company at $1.3 billion – the largest venture-backed tech company IPO in New York based on market cap at pricing. The closing of the offering is expected to occur on December 22, 2014, subject to customary closing conditions.

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Goodwin Procter Advises Charlesbank on Acquisition of Varsity Brands

Goodwin Procter attorneys recently advised private equity firm Charlesbank Capital Partners on its completed acquisition of Varsity Brands, a portfolio of brands that promote student participation in academics and athletics. The transaction will help ensure that Varsity Brands has the capital structure, resources, and financial flexibility to build its presence while delivering on its mission to elevate school pride and student achievement.

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Kirkland Advises CHS Capital and Royall & Company in Sale of Royall & Company to Advisory Board Company

Kirkland & Ellis LLP advised CHS Capital and Royall & Company in the sale of Royall & Company, the higher education industry leader in strategic, data-driven student engagement and enrollment management solutions, to the Advisory Board Company (NASDAQ: ABCO), a global, insight-driven technology, research, and services provider. Under the terms of the agreement, the Advisory Board will purchase Royall for $850 million, consisting of $750 million in cash and $100 million in Advisory Board stock.

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