Goodwin Advises MAA on $8.6B Merger with Colonial Properties Trust

Goodwin Procter recently advised MAA, a Memphis-based real estate investment trust (REIT), on its announced merger with Colonial Properties Trust. The combined company, operating under the MAA name and trading on the NYSE under the symbol “MAA”, will have a market capitalization of $8.6 billion and will be the second largest publicly traded REIT portfolio of owned apartments with 85,000 multifamily units. The transaction is expected to close in the third quarter of 2013 and is subject to customary closing conditions.

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Tags:  Goodwin Procter LLP

Paul Hastings Represents China Everbright International Limited in IFC Term Loan

Paul Hastings, a leading global law firm, announced today that it represented China Everbright International Limited (“Everbright International”), a Hong Kong-listed company focusing on the development of environmental protection businesses, in relation to its US$70 million term loan facilities from International Finance Corporation (“IFC”) to a wholly-owned subsidiary of Everbright International engaging in the business of waste water treatment and other types of water projects.

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Tags:  Paul Hastings, LLP | Hong Kong

Team of Five Senior Attorneys Joins Frost Brown Todd’s Columbus Office

Frost Brown Todd’s Columbus office is expanding with the addition of five top public law attorneys who have extensive experience representing municipal clients across the state. The addition of these attorneys is key to building Frost Brown Todd’s Government Services practice group in the Central Ohio area. Frost Brown Todd’s five new members are: Stephen J. Smith, Sr., Philip K. Hartmann, Stephen J. Smith, Jr., Jennifer D. Readler and Mitchell H. Banchefsky. The addition expands the office’s attorney count to 28.

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Veteran Litigator Joins Frost Brown Todd’s Columbus Office

Stephen E. Chappelear has joined Frost Brown Todd’s Business Litigation practice group in the Columbus office. Chappelear has 36 years of experience in more than 60 trials. His practice focuses in the areas of business and complex litigation, construction law, employment, and intellectual property litigation. At Chappelear’s previous firm, he served as managing partner for the Columbus office from 2004-2010.

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Tags:  Frost Brown Todd LLP

Cravath – IBM’s Acquisition of SoftLayer

On June 4, 2013, IBM announced a definitive agreement to acquire SoftLayer Technologies, Inc., the world’s largest privately held cloud computing infrastructure provider. Financial terms were not disclosed. Cravath represented IBM in connection with this transaction, which is expected to close in the third quarter of 2013 following satisfaction of customary closing conditions including regulatory clearances.

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Tags:  Cravath, Swaine & Moore LLP | New York