Johnny Chiu has been recruited to the Washington office of Morrison Foerster, according to the firm’s press release. The intellectual property litigation partner brings significant experience representing Asian clients in U.S. patent matters. He is fluent in both Mandarin and Taiwanese.
Tags: Morrison & Foerster LLP
The Orange County office of Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), continues its tremendous growth by welcoming a shareholder, former in-house counsel, and an associate to its Southern California ranks
Tags: Ogletree DeakinsChadbourne & Parke LLP represented OrPower 4 Inc., a wholly-owned indirect subsidiary of NYSE-listed Ormat Technologies, Inc., in connection with an up to $310 million limited-recourse project financing from the Overseas Private Investment Corporation, an agency of the United States Government, for the Olkaria III geothermal power complex located in Naivasha, Kenya. The OPIC financing, which was signed on August 23, 2012, is comprised of two tranches aggregating up to $265 million that will be used to pay costs of the existing 48 MW Plant 1 at the Olkaria III complex, and fund the construction well field drilling for the expansion of the Olkaria III geothermal power complex to up to 84 MW (Plant 2). The OPIC financing also includes up to $45 million of a stand-by tranche in the event that OrPower 4 elects to construct a further additional expansion of up to 16 MW (Plant 3).
Shearman & Sterling is representing American Sugar Refining, Inc. (American Sugar), which has agreed to acquire a controlling interest in Belize Sugar Industries Limited (BSI).
Tags: Shearman & Sterling LLPMorrison & Foerster is pleased to announce that intellectual property litigator Johnny Chiu has joined the firm’s Washington, D.C. office as a partner.
Tags: Morrison & Foerster LLP
Gilbert + Tobin is pleased to have advised leading Australasian private equity firm, Pacific Equity Partners (PEP) on the $1.1 billion acquisition of Spotless Group Limited (ASX/NZX: SPT, Spotless) which was completed on 16 August.
Tags: Gilbert, LLP
On August 27, 2012, Hertz Global Holdings, Inc. announced that it has entered into a definitive merger agreement to acquire Dollar Thrifty Automotive Group, Inc. in a transaction with a corporate enterprise value of approximately $2.3 billion. Cravath represented Hertz in this transaction.
Tags: Cravath, Swaine & Moore LLP | New YorkOn August 27, 2012, IBM and Kenexa announced that the two companies have entered into a definitive merger agreement for IBM to acquire Kenexa in an all-cash transaction at a price of $46.00 per share, or a net price of approximately $1.3 billion. Cravath represented IBM in connection with this transaction. The acquisition, which is subject to Kenexa shareholder approval, applicable regulatory clearances and other customary closing conditions, is expected to close in the fourth quarter of 2012.
Tags: Cravath, Swaine & Moore LLP | New York
The New York Times Company, a leading global multimedia news and information company, announced that it has entered into an agreement to sell its About Group, which includes the Web sites of About.com, ConsumerSearch.com and CalorieCount.com, to leading media and Internet company IAC for $300 million in cash. The transaction is expected to close in the next several weeks.
Tags: Morgan, Lewis & Bockius LLP | New York