Attorneys at Rutan & Tucker, LLP, one of California’s oldest and largest full-service business law firms, recently scored a major victory for online retailer Buy.Com and its Rakuten.com Shopping website, in a class action complaint seeking more than $500 million in statutory damages.
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Simpson Thacher is representing Danone Asia Pte. Ltd. (“Danone”) in connection with the formation of joint ventures with Inner Mongolia Mengniu (Group) Co., Ltd. (“Mengniu”) for chilled yoghurt and related products in China. Mengniu will own an 80% equity interest and Danone 20% in the joint ventures. The joint ventures are subject to customary closing conditions, including obtaining anti-monopoly clearance and other regulatory approvals. In addition, an affiliate of Danone will form a joint venture with an affiliate of COFCO Corporation (“COFCO”), the largest shareholder of China Mengniu Dairy Company Limited (“Mengniu Listco”), a Hong Kong listed company and the parent of Mengniu. COFCO will transfer its holding of 8.33% of the outstanding shares of Mengniu Listco to the joint venture and Danone, by subscribing to 49% of the shares of the joint venture, will become an indirect owner of approximately 4% of the outstanding shares of Mengniu Listco. Danone will invest a total of approximately $420 million in the two transactions.
Tags: Simpson Thacher & Bartlett LLP | BeijingThe Firm represented the underwriters, led by Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, in connection with a registered offering by Kimberly-Clark Corporation (“Kimberly-Clark”) of notes in $850 million aggregate principal amount.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, in an offering of $550 million in aggregate principal amount of 2.375% Senior Notes due 2018 and $550 million in aggregate principal amount of 3.750% Senior Notes due 2023 by Total System Services, Inc. (“TSS”).
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher represented the initial purchasers, led by joint book-running managers, J.P. Morgan Securities LLC, Jefferies LLC and Deutsche Bank Securities Inc., in the sale of an aggregate principal amount of $325 million 11.0% Senior Secured Notes due 2018 by Magnetation LLC (“Magnetation”) and Mag Finance Corp. The Firm also represented JPMorgan Chase Bank, N.A., as administrative agent, and J.P. Morgan Securities LLC, as sole lead arranger and sole bookrunner, in connection with a new $50 million senior secured revolving credit facility for Magnetation. The notes and the credit facility obligations are both guaranteed on a senior secured basis by each of Magnetation’s existing and future direct and indirect domestic subsidiaries, other than, in respect of the notes, Mag Finance Corp.
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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.
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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.
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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.
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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.
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