International law firm McDermott Will & Emery today announced that Astrid Owen has joined as a partner in its Private Client Practice Group, based in the Firm’s London office. Astrid Owen provides the Firm with added depth and experience handling international trust, tax and wealth transfer matters on an international scale.
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The London office of Fasken Martineau, an international business law and litigation firm, announced today that it advised the Waymade Group and Dr Vijay Patel and Mr Bhikhu Patel on their £367 million disposal of the Amdipharm Group of companies to European private equity firm, Cinven.
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F. Dominic “Nick” Cerrito and Eric Stops, former intellectual property lawyers at Jones Day, joined the firm’s New York office as partners in June. Both concentrate on intellectual property disputes in the pharmaceutical industry, including Hatch-Waxman litigation and client counseling in the navigation of FDA laws.
Tags: Quinn Emanuel Urquhart & Sullivan, LLP | New York
Davis Polk advised PPL Capital Funding, Inc. on its registered offering of $400 million aggregate principal amount of 3.50% senior notes due 2022, fully and unconditionally guaranteed by PPL Corporation (PPL). Mitsubishi UFJ Securities (USA), Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC acted as representatives of the several underwriters for the offering. PPL Capital Funding and PPL expect the net proceeds from the sale of the notes to be invested in or loaned to subsidiaries of PPL, which will use the funds to repay short-term debt obligations, including commercial paper borrowings, and for general corporate purposes.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Mexichem, S.A.B. de C.V. in connection with its offering of 260,000,000 single series class II common shares in the amount of $1.25 billion. The shares were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.
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Simmons & Simmons has advised long-standing client MTN Group Limited (“MTN”) on the sale of mobile network towers by its subsidiaries, MTN Côte d’Ivoire (“MTN CI”) and MTN Cameroon (“MTN CMR”). MTN has agreed to sell up to 931 towers in Côte d’Ivoire for US$141m and up to 827 towers in Cameroon for US$143m to IHS Holding Limited (“IHS”).
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Cleary Gottlieb Steen & Hamilton LLP announced today that it has opened a foreign legal consultant office in Seoul, Korea, following the receipt of necessary approvals from the Korean regulatory authorities. The office is the firm’s sixteenth office worldwide and its third in East Asia and follows the opening of the firm’s office in Abu Dhabi last month.
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Paul Hastings LLP, a leading global law firm, announced today that the firm represented LIN Media, a local multimedia company, in the closing of its acquisition of 13 broadcast network affiliates and related assets from seller New Vision Television for $334.9 million and the assumption of $12 million of debt.
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King & Wood Mallesons has acted as Australian counsel for 9 Joint Lead Arrangers, including Bank of America and Deutsche Bank, on Algeco Scotsman Group’s US$3.4 billion acquisition and debt financing, which included a US$1.25 billion revolving asset based loan (ABL), one of the largest ABLs to be completed in the Australian market.
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Leading law firm Seyfarth Shaw LLP announced today the addition of Labor & Employment partner Patrick Bannon to the firm’s Boston office. Bannon was previously a partner at McCarter & English.
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