Global law firm White & Case LLP has advised The Bank of Tokyo-Mitsubishi UFJ, Ltd, Sumitomo Mitsui Banking Corporation and Mizuho Bank, Ltd on the €1.28 billion refinancing of the debt provided to the LIXIL Corporation and the Development Bank of Japan Inc. for their joint acquisition of 87.5 percent of the share capital in GROHE Group S.à r.l.. More >>
Tags: White & Case LLPCincinnati Bell’s Sale of Wireless Spectrum Licenses to Verizon Wireless
Cincinnati Bell, a leader in telecommunications and broadband networking services, announced that it has entered into agreements to sell its wireless spectrum licenses and certain related assets to Verizon Wireless for cash and an assumption of certain Cincinnati Bell liabilities with a total value to Cincinnati Bell of approximately US$210 million. Cravath represented Cincinnati Bell in connection with this transaction, which is expected to close in the second half of 2014, subject to customary closing conditions.
Shearman & Sterling Advises Sun Pharmaceutical Industries on $4 Billion Acquisition of Ranbaxy
Shearman & Sterling is advising Sun Pharmaceutical Industries Ltd. on its acquisition of Ranbaxy Laboratories Ltd. in a transaction valued at $4 billion. The closing of the transaction will be subject to customary closing conditions, including approval by the Indian Central Government, approval by the High Courts of Gujarat and Punjab and Haryana, approval by the Competition Commission of India and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act in the United States. Pending approvals, Sun Pharma anticipates that the transaction will close by the end of calendar year 2014.
Tags: Shearman & Sterling LLPSimpson Thacher Represents Centerview Partners, Financial Advisor to Questcor Pharmaceuticals, in Mallinckrodt’s Acquisition of Questcor Pharmaceuticals for Approximately $5.6 Billion
The Firm is representing Centerview Partners LLC in its role as financial advisor to Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) in connection with Mallinckrodt plc’s (NYSE: MNK) definitive agreement to acquire Questcor for a combination of cash and equity valued at, based on Mallinckrodt’s pre-announcement closing price, approximately $5.6 billion. In the proposed transaction, shareholders of Questcor will receive $30.00 in cash and 0.897 shares of Mallinckrodt for each share of Questcor. According to the parties, the transaction is subject to customary closing conditions, including approval of the shareholders of both companies and Hart-Scott-Rodino clearance in the United States, and is currently expected to be completed in the third calendar quarter of 2014.
Tags: Simpson Thacher & Bartlett LLPKirkland & Ellis LLP Achieves $5.15 Billion Settlement for Tronox Environmental and Tort Creditors
On April 3, 2014, the Anadarko Litigation Trust and the United States reached an historic $5.15 billion settlement with Anadarko Petroleum Corporation to resolve the lawsuit that Kirkland & Ellis filed and successfully prosecuted challenging Kerr-McGee Corporation’s spin-off of Tronox in 2005 as a fraudulent transfer. This is the largest environmental enforcement recovery ever by the Department of Justice. On December 12, 2012, Judge Allan Gropper of the U.S. Bankruptcy Court for the Southern District of New York issued a 166-page opinion finding Kerr-McGee liable for actual and constructive fraudulent transfer.
Tags: Kirkland & Ellis LLPPaul Hastings Represents Joint Book Runners in Blackstone Mortgage Trust, Inc.’s $255 Million Follow-on Public Offering of Class A Common Stock
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup, BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities and Morgan Stanley as joint book-running managers for Blackstone Mortgage Trust, Inc.’s (NYSE: BXMT) public offering of class A common stock. More >>
Tags: Paul Hastings, LLPWell-Known Real Estate Attorney Mitchel Hill Joins Fox’s New York Office
Philipp Windemuth joins Dentons Moscow and Berlin offices with a team of lawyers
Philipp Windemuth has joined Dentons’ Russian, German and US Corporate practice as a partner. Philipp joins Dentons from Orrick. Specializing in M&A, real estate and financing transactions, he will be based in Dentons’ Moscow and Berlin offices. Philipp joins together with Of Counsels Olga Sandlerand Dr. Joachim Homeister and Associate Elena Homeister.
Tags: Dentons | GermanyClifford Chance advises on the sale of the “BrahmsQuartier” in Hamburg
Die internationale Anwaltssozietät Clifford Chance hat eine von The Carlyle Group gemanagte Fondsgesellschaft und Aug. Prien Immobilien beim Verkauf der Hamburger Büroimmobilie “BrahmsQuartier”, Kaiser-Wilhelm-Straße 40, an die Allianz Real Estate Germany GmbH beraten. Über den Kaufpreis haben die Parteien Stillschweigen vereinbart.
Tags: Clifford Chance LLP | GermanyNotable Patent Litigation Attorney Louis Fogel Joins Jenner & Block
Jenner & Block LLP today announces that well-respected patent litigation attorney Louis E. Fogel has joined the firm as a partner in our Chicago office. He is a member of the firm’s Patent Litigation & Counseling Practice.
Tags: Jenner & Block, LLP