The Firm is representing Cetera Financial Group in connection with RCS Capital Corporation’s (NYSE: RCAP) announced acquisition of Cetera for $1.15 billion in cash. The closing of the transaction, which is expected later in 2014, is subject to FINRA approval and other customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | New York
Davis Polk advised CITIC Capital Partners in connection with the $890 million going-private acquisition of Nasdaq-listed AsiaInfo-Linkage, Inc. by a consortium led by CITIC Capital Partners and that includes Edward Tian, a co-founder and significant stockholder of AsiaInfo-Linkage. The transaction was completed on January 15, 2014.
Tags: Davis Polk & Wardwell LLP | Hong Kong
Sarah G. Deson-Fried has joined Honigman Miller Schwartz and Cohn LLP as a partner in its Real Estate Department. Since being admitted to practice more than 25 years ago, she has held a variety of legal positions, both at law firms and in house, as well as a number of business operational positions. Deson-Fried is located in the firm’s Oakland County office.
Tags: Honigman LLP
Global law firm Proskauer announced today that David Chu will join the firm as a partner to lead its Asia litigation practice, resident in Hong Kong. Mr. Chu is both U.S. and Hong Kong qualified and has a wealth of experience advising on securities-related litigation, regulatory compliance and commercial litigation. His addition expands the firm’s prominent Litigation and White Collar Defense & Investigations practices into Asia.
Tags: Proskauer Rose LLP | Hong KongDavis Polk advised Barclays Bank PLC and Royal Bank of Canada Capital Markets as joint lead arrangers and joint bookrunners and Barclays Bank PLC, as administrative agent and collateral agent, in connection with a new $800 million senior secured term loan facility provided to Open Text Corporation (Open Text), the proceeds of which were used by Open Text to finance its acquisition of GXS Group, Inc. (GXS). The term loan facility is guaranteed by certain domestic and foreign subsidiaries of Open Text and is secured by substantially all of the assets of Open Text and the guarantors thereunder. In connection with the new financing, certain amendments to Open Text’s existing credit agreement were effected.
Tags: Davis Polk & Wardwell LLP | New York
Orrick, Herrington & Sutcliffe LLP announced today that prominent trial lawyers Marshall Grossman and Stacy Weinstein Harrison have joined the firm as partners in its Los Angeles office.
Tags: Orrick, Herrington & Sutcliffe LLP | Los Angeles
Akerman LLP, a leading law firm serving clients across the Americas, today announced that it has expanded its Litigation Practice Group with the addition of white collar defense lawyer and former Associate White House Counsel, Christopher Oprison. He joins the firm as a partner in the Washington, D.C. and Miami, Florida offices from Skadden, Arps, Slate, Meagher & Flom LLP.
Tags: Akerman LLP
International law firm Milbank, Tweed, Hadley & McCloy LLP represented Goldman Sachs and Royal Bank of Canada as Joint Bookrunners and Goldman Sachs, Royal Bank of Canada and Lloyds Bank as Joint Lead Arrangers in connection with the $300 million term loan facility, which closed in 2014 and was used to finance, in part, Global Atlantic Financial Group’s (Global Atlantic) acquisition of Forethought Financial Group (Forethought). Milbank also represented Lloyds Bank as Sole Lead Arranger for Global Atlantic’s $100 million letter of credit and revolving credit facility that closed in 2013.
Tags: Milbank LLP | New York
Katten Muchin Rosenman UK LLP announced today that corporate and commercial law attorney Philip Watkins will join Katten’s Corporate practice together with a team of associates. The group follows the recent hires of hospitality and leisure specialist Robert Asher, and leading hedge fund and private equity attorney Barry Breen, who both joined Katten late last year.
Tags: Katten Muchin Rosenman LLP
