Sutherland Asbill & Brennan LLP announces that Todd A. Lard is rejoining the firm as a partner in the State and Local Tax (SALT) Practice, and Todd G. Betor, Sahang-Hee Hahn and Saabir S. Kapoor are joining the SALT team as associates.
Tags: Eversheds Sutherland
Completing an active two-week run of major corporate finance and capital markets activity, Milbank, Tweed, Hadley & McCloy has advised on transactions totaling approximately $1.6 billion for its financial institution clients. Included were two large high-yield offerings, an investment grade offering, and a concurrent leveraged loan transaction.
Tags: Milbank LLP | New York
The Firm represented JPMorgan Chase & Co. in connection with a public offering of 34,000,000 Depositary Shares, equivalent to $850 million in aggregate amount, each Depositary Share representing a 1/400th interest in a share of perpetual 5.45% Non-Cumulative Preferred Stock, Series P, of JPMorgan Chase & Co. The underwriters have the right to purchase up to an additional 5,100,000 Depositary Shares at the public offering price within 30 days. The offering closed on February 5, 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher represented First Data Corporation (“First Data”) in connection with its Rule 144A and Regulation S offering of $785 million aggregate principal amount of 11.25% Senior Notes due 2021. Simpson Thacher also represented First Data in connection with its borrowing of $258 million in aggregate principal amount of incremental term loans due 2018.
Tags: Simpson Thacher & Bartlett LLP | New York
Foley announced today that labor and employment attorney Jonathan L. Israel has joined the firm’s Sports Industry Team and Labor & Employment Practice as a partner in the New York office.
Tags: Foley & Lardner LLP | New YorkWick Phillips, a full-service business law firm with offices in Dallas, Fort Worth and Austin, Texas, announces the addition of Greg Young as a partner in the Austin office, who will also manage the firm’s Central Texas operations. With more than 14 years of experience, Young has handled a wide variety of corporate and transactional matters for clients, including mergers and acquisitions, loan transactions on both the borrower and the lender side, formation and governance of corporations, partnerships and limited liability companies, as well as venture capital and other private equity transactions.
Tags: Austin
Davis Polk is advising Comcast Corporation on its $16.7 billion acquisition of General Electric Company’s 49% common equity stake in the NBCUniversal Media, LLC joint venture. NBCUniversal will also purchase from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, New Jersey for approximately $1.4 billion. The transaction is subject to customary closing conditions and is expected to close by the end of the first quarter of this year.
Tags: Davis Polk & Wardwell LLP | New York
Benesch is pleased to announce that Michael D. Stovsky has joined the firm as Chair of the Innovations, Information Technology and Intellectual Property (3iP) Practice Group.
Tags: Benesch, Friedlander, Coplan & Aronoff, LLP
Herbert Smith Freehills has advised the Joint Lead Managers of National Australia Bank’s (NAB) offer of new convertible preference shares (NAB CPS). The offer is to raise $750 million, with the ability to raise more or less.
Tags: Herbert Smith Freehills Kramer LLPWe are delighted to announce that Ralf Thaeter, a Senior Corporate Partner at Gleiss Lutz, will join us as our first partner in Germany.
Tags: Herbert Smith Freehills Kramer LLP | Germany