Kirkland & Ellis Strengthens West Coast Presence with Hires of Leading Corporate Attorneys in Los Angeles and San Francisco

Kirkland & Ellis LLP announced today that the Firm has expanded its West Coast corporate practice with the hiring of leading attorneys Michael S. Ringler and Rick C. Madden. Mr. Ringler will join the Firm as a partner in the San Francisco office and was previously a mergers and acquisitions partner in the San Francisco office of Wilson Sonsini Goodrich & Rosati. Mr. Madden will join as a partner in the Firm’s Los Angeles office and was previously a corporate partner in the Los Angeles office of Skadden, Arps, Slate, Meagher & Flom LLP.

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Tags:  Kirkland & Ellis LLP | Los Angeles

Prominent New York Bankruptcy Attorney Joins Polsinelli Shughart

Polsinelli Shughart is pleased to welcome Edward M. Fox as a shareholder to the firm’s New York office where he will assist clients with bankruptcy and financial services needs. Fox comes to the firm with more than 25 years experience, and has served as partner and head of the bankruptcy departments at several major law firms.

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Tags:  Polsinelli PC | New York

Shearman & Sterling Advises on CorpBanca’s $800 Million 3.125% Senior Notes and Common Share Offerings

Shearman & Sterling recently advised on CorpBanca’s $800 million 3.125% Senior Notes and Common Share offerings.
The firm represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as underwriters in connection with CorpBanca’s registered offering of $800,000,000 3.125% Senior Notes due 2018. Proceeds from the offering will be applied towards general corporate purposes, primarily to fund CorpBanca’s lending activities.

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Tags:  Shearman & Sterling LLP | New York

Shearman & Sterling Advises on the Province of Ontario’s $500 Million and $1 Billion Bond Offerings

Shearman & Sterling represented the Province of Ontario (“Ontario”) in connection with Ontario’s public offerings of US$500,000,000 of its Floating Rate Bonds due August 13, 2015 and US$1,000,000,000 of its 1.200% Bonds due February 14, 2018 (together, the “Bonds”). Application will be made to the Luxembourg Stock Exchange (“LSE”) for the Bonds to be admitted to trading on the Euro MTF Market of the LSE.

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Tags:  Shearman & Sterling LLP

Paul Hastings Represents Initial Purchasers in Grupo Sanborns’ Initial Public Offering

Paul Hastings LLP, a leading global law firm, represented Credit Suisse, Citi and Morgan Stanley as initial purchasers in connection with Grupo Sanborns’ initial public offering made internationally pursuant to Rule 144A and Regulation S and on the Mexican Stock Exchange. Grupo Sanborns is the flagship company of the Carlos Slim empire and one of the most iconic and well-known brands in Mexico.

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Tags:  Paul Hastings LLP | New York

Willkie Advises on $28 Billion Acquisition of H.J. Heinz Company

On February 14, H.J. Heinz Company, the iconic maker of ketchup and other food products, announced that it has entered into a definitive merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital in a transaction valued at $28 billion, including the assumption of Heinz’s outstanding debt. Willkie represented BofA Merrill Lynch, financial advisor to Heinz, in the transaction. Under the terms of the agreement, which has been unanimously approved by Heinz’s Board of Directors, Heinz shareholders will receive $72.50 in cash for each share of common stock they own.

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Tags:  Willkie Farr & Gallagher LLP | New York

Davis Polk Advises CNOOC on CFIUS Approval of Its Proposed Acquisition of Nexen

Davis Polk is advising CNOOC Ltd. in connection with its proposed $15.1 billion acquisition of Canadian energy company, Nexen, Inc., including clearing the transaction through the Committee on Foreign Investment in the United States (CFIUS). If completed, the transaction would be the largest foreign acquisition by any Chinese company. CNOOC is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world. Nexen is an independent, Canadian global energy company, listed on the Toronto and New York stock exchanges under the symbol “NXY.”

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Tags:  Davis Polk & Wardwell | Hong Kong