International law firm Pinsent Masons has advised Sovereign Capital (Sovereign), the UK private equity Buy & Build specialist, on the acquisition of The IMS Group (IMS), a leading provider of consulting and integrated business support to the wholesale asset management and securities industry.
Tags: Pinsent Masons LLP
Shearman & Sterling is advising the Swiss OC Oerlikon Management AG (Oerlikon) on the takeover of German hartec Anlagenbau GmbH (hartec) by Oerlikon Balzers. The future subsidiary will operate under the name of Oerlikon Balzers hartec GmbH.
Tags: Shearman & Sterling LLP
Hunton & Williams LLP recently represented DTE Energy Services (DTEES) in acquiring a significant interest in the Mt. Poso Cogeneration Company power plant near Bakersfield, California. DTEES will operate the plant and co-lead its conversion into a 100 percent renewable power source, primarily running on wood fuel derived from urban wood waste, tree trimmings and agricultural residues. Following the conversion, the plant will provide power to Pacific Gas & Elec¬tric Co. under a long-term renewable power purchase agreement, helping the California utility achieve the state’s 33 percent renewable power requirement.
Tags: Hunton Andrews Kurth LLP
Goodwin Procter client Aegerion Pharmaceuticals recently completed an initial public offering of its common stock (NASDAQ: AEGR). Aegerion raised net proceeds of approximately $48.8 million in the offering.
Tags: Goodwin Procter, LLPShearman & Sterling advised the joint bookrunners and joint lead arrangers in a $2 billion term loan and a $1.25 billion revolving credit facility for Petróleos Mexicanos (Pemex).
Tags: Shearman & Sterling LLP
International law firm Freshfields Bruckhaus Deringer has advised Alcatel Lucent on its high yield debt offering of €500 million in principal amount of 8.50% Senior Notes.
Tags: Freshfields Bruckhaus Deringer LLPThe law firm of Milberg LLP announces that cases were filed in Delaware Court of Chancery and New York Supreme Court in Manhattan, challenging actions taken by the board of directors of J. Crew Group, Inc. (“J. Crew”) under state law. These cases were not filed by Milberg LLP.
Davis Polk advised Credit Suisse Securities (USA) LLC and Goldman Sachs Lending Partners LLC as joint lead arrangers, Credit Suisse Securities (USA) LLC, Goldman Sachs Lending Partners LLC, Barclays Capital, Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC as joint bookrunners, and Credit Suisse AG as administrative agent and collateral agent, in connection with a $675 million senior secured term loan credit facility provided to Amscan Holdings, Inc. The obligations under the credit facility are guaranteed by AAH Holdings Corporation and all domestic subsidiaries of Amscan Holdings, Inc. and secured by substantially all of the assets of Amscan Holdings, Inc. and the guarantors.
Robert here. Robert Kinney and I just returned from another China trip and we will post market notes from that trip shortly at our blog, theasiachronicles.com.
As you know, we are often quoted and / or featured in various industry publications regarding our US biglaw attorney recruiting and market expertise in Asia. This month, find us in the cover story of the latest California Lawyer magazine. Also, if you don’t mind plucking down the 295 sterling for the brand new book, Building A Profitable Practice In Asia, by Robert Sawhney, just published by Ark Group, you will notice that Robert, Alexis and I were asked to write Chapter 22 (“Staffing an Asia Practice – Recent History and Trends”).
On our recent China trip (we are in Hong Kong / China about every other month and several times a year in other Asia markets), as usual, we were often asked by senior partners at US and UK firms how exactly do we manage to place the majority of their US associate lateral hires and in general represent so many of the top US trained candidates on the market.
Tags: Asia | Hong Kong
The Firm represented ClubCorp Club Operations, Inc. (“ClubCorp”) in connection with its Rule 144A and Regulation S offering of $415 million aggregate principal amount of 10% Senior Notes due 2018. Concurrently with the closing of the offering, ClubCorp entered into new senior secured credit facilities.
Tags: Simpson Thacher & Bartlett LLP