Davis Polk – Meritor, Inc. Concurrent Notes Offering and Cash Tender Offer

Davis Polk advised underwriters represented by Citigroup Global Markets, Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBS Securities Inc. and UBS Securities LLC in connection with an SEC-registered offering by Meritor, Inc. of $275 million of its 6.75% notes due 2021. Davis Polk also advised Citigroup Global Markets Inc. as the dealer manager in connection with a concurrent cash tender offer by Meritor for any and all of its outstanding 8.125% notes due 2015. A portion of the net proceeds of the above-mentioned notes offering was used to pay the tender offer consideration, and the remainder is to be used for general corporate purposes.

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Tags:  Davis Polk & Wardwell LLP | New York

V&E Secures Major Trial Victory for ITOCHU International Inc. and MedSurg Specialty Devices, Inc.

Vinson & Elkins LLP played a substantial role in winning a jury trial for client ITOCHU International Inc. and its subsidiary MedSurg Specialty Devices, Inc. in a case involving a $70 million claim for breach of a distribution contract and MedSurg’s counterclaim for unpaid sales commissions. On May 31, 2013, after a nine-day trial in the U.S. District Court for the Eastern District of Pennsylvania, ITOCHU and MedSurg won a full defense verdict on plaintiff’s breach of contract claim, and MedSurg won a full award of unpaid commissions.

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Tags:  Vinson & Elkins LLP

Hogan Lovells Expands Litigation and International Arbitration Capabilities with Three Partners

Hogan Lovells today announced the addition of three partners from Chadbourne & Parke to its Litigation and Arbitration practice. Oliver J. Armas, the co-head of Chadbourne & Parke’s International Arbitration Group, and Phoebe A. Wilkinson, the co-head of Chadbourne’s Product Liability Group, will join Hogan Lovells’ New York office. Luis Enrique Graham, a prominent litigation and arbitration practitioner, will be resident in Mexico City, with a significant presence in New York.

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Tags:  Hogan Lovells | New York

McKenna Long & Aldridge LLP Grows California Real Estate Land Use Practice with San Francisco Office Addition

McKenna Long & Aldridge LLP (MLA) announces the addition of Michael Durkee to the firm’s Real Estate Land Use practice in California. Based in San Francisco, Durkee is experienced in in the creation and implementation of complex entitlement strategies, the California Environmental Quality Act (CEQA), planning and zoning laws, the Subdivision Map Act, negotiation of development agreements and government relations, all of which will complement the highly acclaimed MLA team of land use attorneys, who were among the first in California to focus on and develop the area of land use law.

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Tags:  San Francisco