Clifford Chance Advises Arla Foods on Strategic Alliances with China’s Leading Dairy and Food Companies

Leading international law firm Clifford Chance has advised Arla Foods amba (Arla) on an agreement to purchase an indirect stake of approximately 6% in Hong Kong listed China Mengniu Dairy Company Limited (Mengniu) for approximately US$290 million, making Arla the second largest strategic shareholder in Mengniu after China National Cereals, Oils and Foodstuffs Corporation (COFCO), and the transaction the largest international cooperation in China’s dairy industry to date.

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Tags:  Clifford Chance LLP | Shanghai

Brian Zeringer Joins Sedgwick’s Seattle Office

Brian Zeringer, formerly of Lane Powell PC, has joined the firm’s Seattle office as a partner in the Complex Litigation Division. Zeringer is a litigator with experience handling commercial, real estate and product liability litigation. For the last 15 years, Brian’s practice has focused on toxic tort litigation, particularly asbestos cases. He has represented several asbestos clients for whom he has successfully tried and mediated cases and won dismissals on summary judgment.

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Tags:  Sedgwick LLP

Greenberg Glusker Brings Brian Davidoff and Bankruptcy, Corporate Group on Board

Greenberg Glusker announced today that bankruptcy attorney Brian L. Davidoff and his practice group will join the Firm, effective July 1, 2012. Davidoff will head the Firm’s Bankruptcy and Financial Restructuring Group. The attorneys moving with Davidoff include C. John M. Melissinos and Claire E. Shin, who also will join Greenberg Glusker’s Bankruptcy and Financial Restructuring Group, and Benjamin M. Alexander, who will join Greenberg Glusker’s Corporate Group. All four have practiced at Davidoff Gold LLP since February 2012, and prior thereto practiced at Rutter Hobbs & Davidoff, where Davidoff was Managing Partner.

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Tags:  Los Angeles

K&L Gates Boosts Paris Office with Two New Partners in Labor/Employment and Tax Practices

Global law firm K&L Gates LLP welcomes Bertrand Dussert and Judith Beckhard-Cardoso as partners in its growing Paris office. Tax lawyer Dussert arrives at K&L Gates from tax boutique firm Cabinet Dussert Selarl, having also previously served as a partner at both Norton Rose LLP and the French tax firm CMS Bureau Francis Lefebvre. Beckhard-Cardoso joins K&L Gates’ labor and employment practice from Fasken Martineau DuMoulin LLP, where she led the employment practice, and previously worked at Debevoise & Plimpton LLP.

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Davis Polk Advises Novast Holdings on Its Strategic Partnership with Eli Lilly

Davis Polk advised Novast Holdings Limited in connection with its strategic partnership with Eli Lilly and Company. The parties entered into a license and supply agreement, pursuant to which Novast granted Lilly an exclusive license to commercialize certain pharmaceutical products in People’s Republic of China, Hong Kong and Macau. Novast has committed to set up a platform to support Lilly-branded generic products and increase the manufacturing capacity at its Nantong site over the next several years, with Lilly providing technical support to enhance quality standards. Lilly also made a new investment in Novast and increased its equity position in Novast by $20 million.

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Tags:  Davis Polk & Wardwell LLP | Hong Kong

Davis Polk Wins Significant Victory for CVS Caremark Corporation in Major Federal Securities Suit

Davis Polk won a significant victory on behalf of CVS Caremark Corporation (CVS) on Monday, June 18, 2012, when Judge Laplante in the District Court of New Hampshire granted CVS and three of its former senior executives’ motion to dismiss a class-action securities fraud suit brought on behalf of shareholders that held CVS stock between October 30, 2008, and November 5, 2009.

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Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk – Tyson Foods, Inc. $1 Billion Senior Notes Offering and Concurrent Tender Offer

Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of $1 billion aggregate principal amount of 4.5% senior notes due 2022 by Tyson Foods, Inc.

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Tags:  Davis Polk & Wardwell LLP | New York