Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to welcome Jonathan Bloch as a corporate partner in its Los Angeles office. Formerly of Manatt, Bloch’s law practice focuses on the needs of large institutional investors, including venture capital and private equity. He counsels clients in fund formation, operations, and legal and regulatory compliance. He has participated in raising capital for real estate, hospitality, technology and telecommunication companies, manufacturing facilities and Internet distribution centers.
Tags: Jeffer Mangels Butler & Mitchell LLP | Los AngelesBallard Spahr Expands Phoenix Office with Addition of Three Noted Litigators
Ballard Spahr has significantly expanded its Phoenix office with the addition of prominent litigators known for their work in media and constitutional law, complex commercial litigation, and bankruptcy, firm Chair Mark Stewart announced. Joining the firm today as partners are David J. Bodney, a nationally recognized First Amendment litigator who will lead the firm’s Media Law Group, and Craig Solomon Ganz, who handles corporate restructuring, complex commercial litigation, and bankruptcy issues. Joining the firm as of counsel is Chris Moeser, who also practices media and constitutional law.
Tags: Ballard Spahr LLP | PhoenixCooley Advises Norwest Venture Partners on Formation of $1.2 Billion Fund
Cooley LLP announced today that it advised longtime client Norwest Venture Partners on the formation of its latest fund, Norwest Venture Partners XII, LP. The $1.2 billion fund targets early to late stage venture and growth equity investments across a wide range of sectors. The new fund brings NVP’s total capital and commitments to approximately $5 billion.
Tags: Cooley LLPCelgene Corporation $2.5 Billion Senior Notes Offering
Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC as joint book-running managers on an SEC-registered offering by Celgene Corporation of $500 million aggregate principal amount of its 2.250% senior notes due 2019, $1 billion aggregate principal amount of its 3.625% senior notes due 2024 and $1 billion aggregate principal amount of its 4.625% senior notes due 2044.
Kirkland Advises Golden Gate Capital in Agreement to Acquire Red Lobster Restaurant Chain
Kirkland represented Golden Gate Capital in its agreement announced today to acquire the Red Lobster restaurant chain from Darden Restaurants, Inc. (NYSE: DRI) for $2.1 billion in cash. The deal is expected to close in the first fiscal quarter of 2015. In connection with the transaction, Golden Gate also entered into an approximately $1.5 billion sale-leaseback transaction with American Realty Capital Properties, Inc. (NASDAQ: ARCP) for more than 500 Red Lobster restaurant properties. The sale-leaseback transaction will be consummated in conjunction with Golden Gate’s acquisition of Red Lobster from Darden. More >>
Tags: Kirkland & Ellis LLPPaul Hastings Represents Lexington Realty Trust in a $250 Million Issuance
Paul Hastings LLP, a leading global law firm, announced today that it is advised Lexington Realty Trust (NYSE: LXP), a leading equity REIT focused on single-tenant domestic real estate investments, on its issuance of $250 million 4.40% Senior Notes due 2024. More >>
Tags: Paul Hastings, LLPPinsent Masons advises Europcar on refinancing
The deal will see the extension and refinancing of Europcar’s funding arrangements with various lenders, the main purpose of which is to allow Europcar UK to acquire vehicles for the performance of its daily rental business.
Shearman & Sterling Advises on Caixa Econômica Federal’s $1.3 Billion Notes Offering
Shearman & Sterling represented Caixa Econômica Federal, the largest fully government-owned bank in Latin America, in connection with the issuance of $1,300,000,000 4.250% Senior Notes Due 2019 under its $5,000,000,000 Medium-Term Note Program. The notes are listed on the Luxembourg Stock Exchange. BB Securities Ltd., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Banco Bradesco BBI S.A., Banco BTG Pactual S.A.-Cayman Branch, Itau BBA USA Securities, Inc. and J.P. Morgan Securities LLC acted as joint lead managers.
Tags: Shearman & Sterling LLPStroock Represents Leftfield Entertainment In $360 Million Sale To ITV plc
Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles, Miami and Washington, DC, represented reality television producer Leftfield Entertainment (“Leftfield”) in a transaction to sell an 80 percent stake of the company to ITV plc for $360 million.
Tags: Stroock & Stroock & Lavan LLPWalker & Dunlop Provides $278M Fannie Mae Credit Facility
Vinson & Elkins advised Milestone Apartments REIT in connection with Walker & Dunlop, Inc.’s $278 million Fannie Mae Credit Facility. The Facility consisted of a mix of fixed and variable rate notes with staggered maturities collateralized by 20 multifamily properties located in Arizona, Florida, Georgia, Tennessee and Texas.