Perkins Coie Expands Business Practice in Chicago

Perkins Coie is pleased to announce that LaDale K. George has joined the Chicago office as a partner in the firm’s Healthcare industry group. LaDale was previously a partner at Neal, Gerber & Eisenberg.

“LaDale is a highly regarded advisor to innovative healthcare enterprises on regulatory compliance and business transactions,” said David Robbins, head of Perkins Coie’s Healthcare industry group. “His experience over the past 20 years providing strategic counsel to businesses in the healthcare industry and other heavily regulated industries fits well with our national practice and the high level of service our clients expect and receive from us. We are delighted to welcome LaDale to Perkins Coie.” More >>

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Kirkland Advises CHS Capital and Royall & Company in Sale of Royall & Company to Advisory Board Company

Kirkland & Ellis LLP advised CHS Capital and Royall & Company in the sale of Royall & Company, the higher education industry leader in strategic, data-driven student engagement and enrollment management solutions, to the Advisory Board Company (NASDAQ: ABCO), a global, insight-driven technology, research, and services provider. Under the terms of the agreement, the Advisory Board will purchase Royall for $850 million, consisting of $750 million in cash and $100 million in Advisory Board stock. More >>

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Trial Lawyer James F. Hurst to Join Kirkland & Ellis in Chicago

Kirkland & Ellis LLP is pleased to announce that nationally recognized trial lawyer James F. Hurst will join the Firm’s Chicago office as a partner in the Litigation and Intellectual Property Practice Groups. Mr. Hurst brings 25 years of experience trying cases in areas ranging from antitrust to intellectual property to appeals before the U.S. Supreme Court. More >>

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Mayer Brown advises TxDOT on $847.6 million public-private partnership for Texas SH 183 managed lanes project

Mayer Brown, a leading global law firm, represented the Texas Department of Transportation (TxDOT) in a competitive procurement for and structuring of a public-private partnership (PPP) for the design, construction, financing, operation and maintenance of Texas SH 183 managed lanes project, located in the Dallas/Ft. Worth area. More >>

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Ropes & Gray Advises Cressey & Co. and EHHI Holdings in $750 Million Sale of Encompass Home Health and Hospice to HealthSouth Corp.

Ropes & Gray represented Cressey & Co. LP and its portfolio company, EHHI Holdings, Inc., in the sale EHHI to HealthSouth Corp. for approximately $750 million. EHHI Holdings is the owner of Dallas, Texas-based Encompass Home Health and Hospice, a leading provider of Medicare-focused, skilled home health services in the United States. The transaction was announced Nov. 24 and is expected to close before the end of 2014. More >>

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Procter & Gamble sells Duracell to Berkshire Hathaway for $2.9 billion

Jones Day is advising The Procter & Gamble Company (“P&G”) in the sale of its Duracell personal power business to Berkshire Hathaway Inc. for $2.9 billion. Following the sale of P&G’s interest in its Nanfu joint venture, which operated P&G’s battery business in China, P&G entered into a Transaction Agreement on November 13, 2014 with Berkshire Hathaway Inc. and certain of its affiliates under which P&G will transfer its Duracell business to Berkshire Hathaway in a private split-off transaction. In this unusual tax-free structure (sometimes referred to as a “cash rich private split”), P&G will convey its Duracell business (which will be infused with $1.8 billion in additional cash) to a newly formed subsidiary (SplitCo) and will exchange its shares in SplitCo for approximately $4.7 billion of outstanding P&G shares currently held by the Berkshire Hathaway group. The transaction is expected to close in the second half of calendar year 2015. More >>

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Kirkland & Ellis LLP Represents Wynnchurch Capital in Raising $1.2 Billion Fund

Kirkland & Ellis LLP represented Wynnchurch Capital in the raising of its fourth private equity fund, Wynnchurch Capital Partners IV, L.P., which announced its final closing at $1.2 billion of limited partner commitments. The fund, which had a target of $900 million, was oversubscribed, resulting in the fund reaching its hard cap closing relatively quickly after its initial launch in September 2014. More >>

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