Mark D. Kleinlein and Christopher D. Rowlett have joined Honigman Miller Schwartz and Cohn LLP as partners in the firm. Kleinlein is a member of Honigman’s Insurance Department and Rowlett is a member of the firm’s Labor and Employment Department. Both will be located in Honigman’s Detroit office.
Tags: Honigman LLP
Ilan Rosenberg has joined the Philadelphia office of Gordon & Rees as a partner. He is a member of Gordon & Rees’s Insurance, Commercial Litigation, and International Practice Groups.
Tags: Gordon Rees Scully Mansukhani, LLP
Squire Sanders has advised ITOCHU Corporation and Mitsui & Co on the acquisition of interests in BHP Iron Ore (Jimblebar) Pty.Ltd., which is developing the Jimblebar Iron Ore mine in Western Australia, part of the Iron Ore business of mining company, BHP Billiton. ITOCHU and Mitsui will invest US$0.8 billion and US$0.7 billion respectively, representing an 8 per cent and 7 per cent interest in the Jimblebar mining hub and resource. The transaction is subject to Australian Foreign Investment Review Board approval and is expected to complete in September 2013.
Tags: Squire Patton BoggsSquire Sanders announces the appointment of partner Matthew Doughty, who joins the firm’s Corporate and Corporate Finance practice in London from Dorsey & Whitney.
Tags: Squire Patton Boggs
The Firm is representing the Special Committee of the Board of Directors of Clearwire Corporation (NASDAQ: CLWR) in connection with the Special Committee’s review of strategic alternatives available to the Company, including a recently increased proposal from Sprint Nextel Corporation (NYSE: S) to acquire the remaining shares of Clearwire that Sprint does not already own, which has resulted in an amended merger agreement between Clearwire and Sprint providing for the acquisition by Sprint of such Clearwire shares for $5.00 per share, or approximately $3.9 billion for such stake. The revised transaction values Clearwire at more than $14 billion. This increased merger consideration represents a 14 percent premium to the $4.40 per share DISH Network (“DISH”) tender offer and a 47 percent premium to Sprint’s previous agreement at $3.40 per share announced on May 21, 2013. The transaction is subject to customary closing conditions, including regulatory approvals and the approval of Clearwire’s stockholders, including the approval of a majority of Clearwire stockholders not affiliated with Sprint or SoftBank. The closing of the transaction is also contingent on the consummation of Sprint’s previously announced transaction with SoftBank.
Tags: Simpson Thacher & Bartlett LLP | New York
Global legal practice Norton Rose Fulbright has advised the owners of Fan Milk International A/S (FMI), a Danish dairy company in relation to the sale of FMI to the Abraaj Group, a Dubai buyout firm managing $7.5 billion of assets.
Tags: Norton Rose FulbrightGlobal legal practice Norton Rose Fulbright is pleased to announce that Prof. Dr. Alexander Hemmelrath will join the practice’s German offices as a partner, effective July 1, 2013.
Tags: Norton Rose Fulbright
Bird & Bird is pleased to announce that it has appointed Bernhard Gemmel as a partner within its international Banking and Finance practice group. He will join the Frankfurt office on 1st July 2013. Bernhard was previously a partner at Dentons in Frankfurt; before joining Dentons, Bernhard was a partner at Shearman & Sterling and Beiten Burkhardt.
Tags: Bird & Bird LLP
The global law firm Jones Day is pleased to announce that Brien Wassner has joined the Private Equity Practice as a partner in the New York Office. Mr. Wassner arrives from Winston & Strawn, where he served as a partner advising on domestic and international corporate transactions, infrastructure and energy projects, and related matters.
Tags: Jones Day | New York
Baker & McKenzie (Gaikokuho Joint Enterprise) is advising Sumitomo Corporation (“Sumitomo”) on their plans to develop and invest in three mega-solar power projects in Japan. These projects will require an investment of JPY18 billion with the goal of securing a combined generation capacity of 49 MW.
Tags: Baker McKenzie | Tokyo