Bennett B. Borden and Jay Brudz joined Drinker Biddle & Reath LLP today as partners in the firm’s Washington, D.C., office. They will chair Drinker’s Information Governance and Electronic Discovery practice as well as help oversee the firm’s ediscovery subsidiary, Drinker Discovery Solutions. They served as co-chairs of the Electronic Discovery and Information Governance Section of their previous firm, Williams Mullen.
Tags: Drinker Biddle & Reath, LLP
Cadwalader, Wickersham & Taft LLP, a leading counselor to global financial institutions and corporations, announced today that client Elan Corporation, plc, a biotechnology company headquartered in Ireland, will purchase from Theravance, Inc. a 21% participation interest in potential future royalty payments related to four respiratory programs partnered with GlaxoSmithKline plc: RELVAR™ ELLIPTA™/BREO™ ELLIPTA™, AORO™ ELLIPTA™, MABA (Bifunctional Muscarinic Antagonist-Beta2 Agonist) monotherapy (GSK961081) and vilanterol (VI) monotherapy. In exchange for the participation interest, Elan will make a one-time cash payment to Theravance of $1.0 billion.
Tags: Cadwalader, Wickersham & Taft LLP | New York
A Dubai-based team of lawyers from global law firm K&L Gates LLP has advised Jordan’s Rassam family on the sale of a significant minority interest in Al Nabil Food Industries Limited Company (“Nabil Foods”) to global alternative asset manager, The Carlyle Group (NASDAQ:CG). The transaction closed on May 13, 2013, and is the first significant investment by an international private equity house into Jordan.
Tags: K&L Gates LLP | Dubai
Davis Polk is advising CITIC Capital Partners in connection with the $890 million going-private acquisition of Nasdaq-listed AsiaInfo-Linkage, Inc. by a consortium led by CITIC Capital Partners and that includes Edward Tian, a co-founder and significant stockholder of AsiaInfo-Linkage. The acquisition is subject to customary closing conditions, including receipt of required regulatory approvals and approval by AsiaInfo-Linkage’s stockholders.
Tags: Davis Polk & Wardwell LLP | Hong Kong
Lathrop & Gage LLP announced today that Jon Trembath has joined the firm’s Denver office as a partner. Trembath’s practice is focused on intellectual property litigation.
Tags: Lathrop GPM LLP | Denver
Debra S. Dunne has joined the Philadelphia office of Shook, Hardy & Bacon L.L.P. as a partner.
Tags: Shook, Hardy & Bacon LLP
Clifford Chance advised The Carlyle Group on their strategic investment in Al-Nabil Food Industries Co. Ltd., a frozen and chilled food products company in Jordan. The transaction closed on May 13, 2013.
Tags: Clifford Chance LLP | DubaiLeading international law firm Clifford Chance has advised Ascott Residence Trust (Ascott Reit) on its acquisition of a portfolio of 11 rental housing properties in Japan for JPY9.2 billion from ACRJ3 Pte Ltd, an 88.9% owned subsidiary of The Ascott Limited. The properties have a total of 959 apartments located across six cities in Japan.
Tags: Clifford Chance LLP | Tokyo
CREDIT BANK OF MOSCOW, a privately-owned universal commercial bank operating in Moscow and the Moscow region, today closed a $500 million offering of 5.5-year subordinated Eurobonds with an interest rate of 8.70% p.a. The bonds were issued by CBOM Finance p.l.c., an Irish special purpose vehicle, for the purpose of funding a $500 million subordinated loan to CREDIT BANK OF MOSCOW.
Tags: Morgan, Lewis & Bockius LLP | MoscowCox, Castle & Nicholson LLP is pleased to announce that prominent land use and environmental attorney David Waite has joined the firm’s Los Angeles office as a partner. Waite brings 20 years of experience to the firm’s nationally recognized real estate practice, with particular expertise in real estate development of infill sites and master-planned communities.
Tags: Los Angeles