Fish & Richardson scored a major victory for San Diego based Volcano Corporation in a patent trial regarding medical device technology used to diagnose heart problems. After less than 90 minutes of deliberation, a federal district court jury in Delaware found that Volcano did not infringe two patents asserted by St. Jude Medical Inc. and that another two St. Jude patents were invalid. A fifth St. Jude patent was declared not infringed by the court on the eve of trial. The lawsuit, filed in 2010 by St. Jude, sought to shut down Volcano’s rapidly growing cardiac Functional Management business. The verdict was delivered on October 19, 2012 and was initially subject to an agreement by the parties not to issue press releases.

More >>

Shearman & Sterling represented Bank of America Merrill Lynch, J.P. Morgan, Barclays and other initial purchasers on Albéa Beauty Holding S.A.’s €200 million offering of 8.75% Senior Secured Notes due 2019 and $385 million offering of 8.375% Senior Secured Notes due 2019. The offering, which closed on October 31, 2012, will primarily fund Albéa Beauty Holding S.A.’s acquisition of the Worldwide Cosmetics Business unit of Rexam plc and refinance certain existing indebtedness.

More >>

Bradley Arant Boult Cummings LLP is pleased to announce that well known economic development attorney Alex B. Leath has joined the firm as a partner in the Birmingham office. Arriving with him are three associates: David H. Cooper, Jr.; Charles B. “Trey” Hill III; and Matthew A. Hinshaw. Mr. Leath and his colleagues will serve as members of the firm’s Economic Development and Incentives Group and State and Local Tax Practice Group. They are formerly of Balch & Bingham LLP in Birmingham, where Mr. Leath was head of the Economic Development/Taxation Practice Group.

More >>

The law firm of Edwards Wildman Palmer LLP is pleased to announce that Michael H. King is a new partner in the Litigation Department. King will reside in the firm’s Chicago office.

More >>

Allen & Overy has advised the joint lead managers Bank of America Merrill Lynch, HSBC, J.P. Morgan and The Royal Bank of Scotland on a USD500 million Rule 144A / Regulation S bond by Turkish brewer Anadolu Efes. Please enter ByLine.

More >>

International law firm DAC Beachcroft and Chilean firms Seguros Lex and Amunategui y cia are to join forces to create DAC Beachcroft Chile from today (1 November 2012).

More >>