Latham & Watkins is pleased to announce that Howard Lam has joined the firm’s Hong Kong office as a partner in the Finance Department. Lam’s practice focuses on banking, cross-border debt restructuring and insolvency work, and complex financing transactions. Lam has advised banks, private equity funds and corporates in Hong Kong and mainland China on high profile financings and restructurings across Asia and Europe.
Tags: Latham & Watkins LLP | Hong Kong
International law firm McDermott Will & Emery announced that leading emerging markets and private equity lawyer, Daniel Chavez, has joined the Firm as a partner in the Energy Advisory Practice Group in the New York office. Prior to joining the Firm, Mr. Chavez was General Counsel and Corporate Secretary of Zaff Capital LP, a private equity firm specializing in emerging markets, with a focus on Latin America, the Middle East, and Africa.
Tags: McDermott Will & Emery LLP | New York
On January 16, 2014, Johnson & Johnson announced that it has received a binding offer from The Carlyle Group to acquire its Ortho‑Clinical Diagnostics business for US$4.15 billion. Cravath represented Johnson & Johnson in connection with this transaction. The acceptance period for the offer will end on March 31, 2014, unless extended. If the offer is accepted by Johnson & Johnson, the proposed transaction would be expected to close toward the middle of the year, pending fulfillment of certain conditions, including regulatory approvals and other customary closing requirements.
Tags: Cravath, Swaine & Moore LLP | New York
Paul Hastings, a leading global law firm, announced today that the firm represented Nomura, Bank of Taiwan, Cathay United Bank, Co., Ltd., ICBC International Capital Limited and Maybank Investment Bank Berhad as mandated lead arrangers in the US$330 million term loan facility for AsiaInfo-Linkage, Inc.’s (“AsiaInfo “) US$890 million going-private transaction managed by a consortium led by Chinese private equity company CITIC Capital Partners (“CITIC”). AsiaInfo is China’s leading provider of telecommunication software solutions.
Tags: Paul Hastings, LLP | Hong Kong
Antoinette “Toni” M. Jackson has joined Jones Walker LLP’s Real Estate Practice Group as a partner and is a member of the Affordable Housing team.
Tags: Jones Walker LLP
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