Stites & Harbison, PLLC, welcomes attorneys Paul Durdaller, Member, and Valerie Richmond, Counsel, to the firm’s Atlanta office. Both Durdaller and Richmond join the Creditors’ Rights & Bankruptcy Service Group.
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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.
Tags: Cravath, Swaine & Moore LLP | New York
Cahill – Calpine Construction Finance Completes $1.055 Billion Credit Facility
Cahill represented the administrative agent and the arrangers in connection with the $1,055,000,000 Term B loan for Calpine Construction Finance Company, L.P. Proceeds from the loan will be used to refinance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New York
King & Spalding Adds Partner Egishe Dzhazoyan to London Dispute Resolution Practice
King & Spalding has recruited London-based litigation and arbitration partner Egishe Dzhazoyan as the firm continues to further enhance its City team and international dispute resolution practice.
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Fox Williams Strengthens Key Practice Areas with Appointments from Pinsent Masons and Allen & Overy
City law firm Fox Williams LLP (Fox Williams) has strengthened its Employment, Partnerships, Corporate and Business Immigration teams in key areas through a wave of recent appointments. Helen Farr is the latest addition to the firm and joins as a Partner in the Employment team.
Tags: Allen & Overy LLP
Bird & Bird Appoints Fourth Partner in Poland
Bird & Bird is delighted to announce that it has appointed Malgorzata Darowska as a partner in the Polish office.
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Cozen O’Connor Opens Minneapolis Office with the Addition of Eight Lateral Attorneys
Cozen O’Connor announced today that it is opening a Minneapolis office with eight transactional and commercial litigation attorneys from Hinshaw & Culbertson, LLP. Thomas Wallrich, Steven Silton, Thomas Kane, Peter Crema, Nadia Hasan, Heather Marx, Joel Nesset and Kristi Zentner are all joining the firm as members.
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Akin Gump Represents Secured Lenders in Sale of Long-Term Acute Care Hospitals
Akin Gump Strauss Hauer & Feld LLP advised the steering committee of secured lenders of LifeCare Holdings, Inc., and its subsidiaries, one of the largest operators of long-term acute care hospitals in the United States, in connection with the lenders’ acquisition of substantially all of LifeCare’s assets in a sale pursuant to section 363 of the Bankruptcy Code. The lenders served as the stalking horse purchaser through a credit bid transaction worth approximately $320 million plus certain assumed liabilities.
Tags: Akin Gump Strauss Hauer & Feld LLP | New York
Pullman & Comley Welcomes Six New Attorneys to the Firm
Pullman & Comley, LLC is pleased to announce the addition of six new attorneys. The attorneys will be based in Pullman & Comley’s Hartford office and include four partners: William R. Connon, Michael P. McKeon, John P. Shea, Jr. and Mark J. Sommaruga, as well as two associates: Zachary D. Schurin and Susan L. Scott.
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Paul Hastings Advises CLSA Limited on Ayala Corporation’s Block Sale
Paul Hastings, a leading global law firm, announced today that it represented CLSA Limited as the sole placing agent in Ayala Corporation’s approximately US$79 million (PHP3.4 billion) treasury share block sale. Ayala Corporation is one of the Philippines’ largest conglomerates, with interests in real property, banking, telecommunications, water, infrastructure and energy.
Tags: Paul Hastings, LLP | Hong Kong