King & Wood Mallesons has added another high profile real estate deal to its strong record, acting on the GPT Group’s divestment of a 50 per cent interest in the Erina Fair shopping centre for approximately A$397.1 million.
Tags: King & Wood Mallesons
On May 20, Willkie client RenaissanceRe Holdings Ltd. announced it has agreed to sell in an underwritten public offering $275 million aggregate liquidation preference of its 5.375% Series E Preference Shares, or 11 million shares, with a liquidation preference of $25 per share.
Tags: Willkie Farr & Gallagher LLP | New York
The Firm is representing on a pro bono basis Amanda Berry, her minor daughter, and Gina DeJesus, three of the victims in the Cleveland kidnapping and captivity case uncovered in early May. Cleveland partner James R. Wooley is leading the effort with the assistance of associate Heather E. Kimmel. The fourth victim, Michelle Knight, is represented by other counsel. The Firm is working alongside Ms. Knight’s lawyer and, at the request of that attorney, has acted as Ms. Knight’s spokesperson.
Tags: Jones Day
McDermott Will & Emery LLP today announced that leading data privacy and security lawyer Julia B. Jacobson has joined the Firm’s Boston office as a partner. Ms. Jacobson, who was previously with another international law firm, will bring her considerable experience in this area to McDermott’s growing Global Privacy and Data Protection Affinity Group.
Tags: McDermott Will & Emery LLP
BakerHostetler announced today that J. David Bournazian has joined the firm’s Litigation Group as a Partner in its Costa Mesa office. He comes to BakerHostetler from Kutak Rock LLP.
Tags: Baker & Hostetler LLP
Sidley advised Wanxiang America Corporation in its $256.6 million purchase of the majority of the assets of lithium-ion battery maker A123 Systems. Sidley partners John Box and Bojan Guzina, and associates Sha Hua, Andy O’Neill and Anna Remis in Chicago, led the deal team.
Tags: Sidley Austin LLP
Clifford Chance, in cooperation with Al-Jadaan & Partners Law Firm, is advising Savola Group (Savola) on its acquisition of shares in Savola Foods Company (SFC) and Azizia Panda United Company (APU) from Al Muhaidib Holding Company (Al Muhaidib).
Tags: Clifford Chance LLP | Dubai
The national law firm of Hinshaw & Culbertson LLP is pleased to announce that Peggy L. Crane has joined the firm’s Environmental Practice as partner. She will practice in Hinshaw’s Peoria, Illinois office. Ms. Crane comes to Hinshaw from Perkins Coie LLP, where she was senior counsel in that firm’s Portland office.
Tags: Hinshaw & Culbertson LLP
Gregory D. DeGrazia has joined the law firm of Warner Norcross & Judd LLP as a partner.
Tags: Warner Norcross + Judd LLP
On May 16, 2013, Simpson Thacher client Mining Machinery Limited (“MML”) and Caterpillar, Inc. resolved all outstanding issues arising out of Caterpillar’s June 2012 acquisition of Zhengzhou Siwei, a leading manufacturer of hydraulic roof supports used in the mining industry in China. After it acquired Siwei, Caterpillar alleged that it had uncovered deliberate accounting misconduct and recorded a $580 million goodwill impairment charge in the fourth quarter of 2012. Simpson Thacher represented Emory Williams and John Lee, former directors of Siwei’s parent company and two of the leading entrepreneurs in China, and MML and James Thompson III, two other parties with an interest in the settlement, in responding to Caterpillar’s allegations. The parties have now entered into an agreement under which they exchanged releases, certain payments owed by Caterpillar were reduced, and an entity affiliated with MML has been given the right to purchase certain assets from Caterpillar. In addition, Caterpillar publicly stated that it had found no evidence that any of Simpson Thacher’s clients had engaged in any accounting misconduct.
Tags: Simpson Thacher & Bartlett LLP | Beijing