Milbank, Tweed, Hadley & McCloy LLP has advised leading oil exploration and servicing company Nabors Industries Ltd. (NYSE: NBR) on the closing of the merger of its completion and production services unit with oilfield services provider C&J Energy Services (NYSE: CJES), for which Nabors will receive nearly $688 million in cash and stock worth an approximate 53% ownership stake in the combined company. More >>
Tags: Milbank LLP | New YorkDavis Polk is advising Centerview Partners LLC as exclusive financial adviser to Kraft Foods Group, Inc. in connection with its entry into a definitive merger agreement with H.J. Heinz Company to create The Kraft Heinz Company. The Kraft Heinz Food Company would be the third largest food and beverage company in North America with an unparalleled portfolio of iconic brands. The transaction, which is expected to close in the second half of 2015, is subject to approval by Kraft shareholders, receipt of regulatory approvals and other customary closing conditions. More >>
Tags: New York
Kane Russell Coleman and Logan PC (KRCL) is pleased to announce that Kenneth Riney and Philip Bean have each joined the Firm in the Litigation Group in Dallas.
Kenneth Riney joins the firm as a senior attorney in the Litigation Section. He has more than a decade of experience in litigation, having defended countless clients in premises, products and professional liability claims. More >>
Tags: Kane Russell Coleman Logan PC | Dallas
Mitchell Silberberg & Knupp welcomes new partner, Jay Rosenthal, to the Washington, D.C. office and the Entertainment and Intellectual Property practice groups. Jay is the former Senior Vice President and General Counsel of the National Music Publishers’ Association (NMPA). In Washington, D.C., Jay has been involved in significant policy initiatives relating to Copyright reform, net neutrality, internet governance and data privacy issues, media consolidation, cell phone regulation, international treaty obligations, satellite radio, FCC matters, piracy (domestic and international), and other federal legislative and regulatory matters. More >>
Tags: Mitchell Silberberg & Knupp LLP | Washington
Faegre Baker Daniels is pleased to announce that nine partners from four firms have joined our Chicago office: Jeffrey Blumberg, Kurt Lebakken, James Martignon and David Porteous from Ulmer & Berne; Matthew Garrett, Douglas Prochnow and John Roberts from Locke Lord Edwards, LLP; George Stohner from Morgan Lewis & Bockius; and Daniel Schwartz from Seyfarth Shaw. More >>
Tags: Faegre Drinker Biddle & Reath LLP | Chicago
Dechert LLP advised Kofax Limited on a merger agreement in which Lexmark will acquire Kofax. Under the terms of the merger agreement, Lexmark will acquire all of the outstanding shares of Kofax for US$11.00 per share in cash for a total enterprise value of approximately US$1 billion, net of cash acquired. The acquisition is expected to close in the second quarter of 2015 and is contingent on Kofax shareholder approval, applicable regulatory clearances and other customary closing conditions. More >>
Tags: Dechert LLP | London | New York | Philadelphia
Cravath represented the borrower, Qualcomm Incorporated, in connection with its $4 billion five‑year senior unsecured revolving credit facility made available by Bank of America, as agent, to be used for working capital, capital expenditures and other general corporate purposes. Qualcomm is a world leader in 3G, 4G and next‑generation wireless technologies. The transaction closed on February 18, 2015. More >>
Tags: Cravath, Swaine & Moore LLP | New York
Arnold & Porter LLP recently obtained a definitive victory on behalf of the Republic of Colombia in a US$17 billion U.S. federal court dispute originally filed in 2010 by the U.S.-based maritime salvage company Sea Search Armada (SSA). The litigation, which involved two separate federal cases, related to alleged rights to the treasure aboard a Spanish galleon, the San José, which sank more than 300 years ago off the coast of present-day Colombia. SSA claimed that it had a contractual right to salvage the vessel and to a part of the gold and silver coins and bullion aboard the ship, and assessed at US$17 billion the value of its alleged stake. More >>
Tags: Arnold & Porter Kaye Scholer LLP | Washington
Pillsbury today announced Cecily Dumas, a highly regarded bankruptcy lawyer who also handles commercial transactions and litigation, is joining the firm’s Insolvency & Restructuring practice as a partner in the San Francisco office.
Dumas is well known in the Bay Area and beyond for her representation of high-profile clients and bankruptcy trustees, as well as her frequent presentations on the latest developments in insolvency and restructuring. She has more than 25 years’ experience in bankruptcy and commercial law, most recently as lead name partner of her own firm, Dumas & Clark LLP. More >>
Tags: Pillsbury Winthrop Shaw Pittman LLP | San FranciscoPillsbury today announced the return of former partner Andrew Strong to the firm’s office in Houston, effective March 23, 2015. During Strong’s previous tenure with Pillsbury, he worked closely with many of the firm’s major energy clients on environmental issues and crisis prevention and response.
Strong left the firm in 2009, when he was selected by the Texas A&M System’s Board of Regents as its General Counsel and System Compliance Officer. As the chief legal officer, Strong was responsible for all legal matters over a $3.6 billion-per-year network that employs more than 45,000 people across more than 100 facilities, including 11 universities, seven state agencies and a health science center. More >>
Tags: Pillsbury Winthrop Shaw Pittman LLP | Houston