On August 30, 2012, E. I. du Pont de Nemours and Company entered into a definitive agreement pursuant to which an affiliate of Carlyle Group LP will acquire its performance coatings unit for approximately $4.9 billion. Cravath represented Credit Suisse as a joint lead arranger of committed financing in connection with this transaction.
Tags: Cravath, Swaine & Moore LLP | New York
Holman Fenwick Willan’s Sydney head David Coogans is moving to Hong Kong to join Howse Williams Bowers, a firm established earlier this year by three of Reed Smith Richards Butler’s founding partners in Hong Kong.
Tags: Reed Smith LLP | Hong Kong
International law firm Berwin Leighton Paisner (BLP) today (3 September) announced that it has hired experienced corporate lawyer, Julian Stanier as a partner in its London Corporate Finance team. Julian’s considerable experience will add to the firm’s growing domestic and international transactional capabilities. His appointment follows the arrival of corporate M&A heavyweights, David Barnes and Alan Paul earlier this year and the appointments of Cath Shirley, Lisa O’Neill and Justin Cornelius, which were announced last month.
Tags: Berwin Leighton Paisner LLP
Simpson Thacher recently represented the underwriters, led by UBS Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC and Ameriprise Financial Services, Inc. in connection with an initial public offering of common shares of beneficial interest of BlackRock Municipal Target Term Trust (the “Trust”). The offering raised approximately $1.55 billion or approximately $1.78 billion if the underwriters exercise their overallotment option in full.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing Walter Investment Management Corp. (NYSE: WAC) (“Walter Investment”) in connection with its definitive agreement to purchase Reverse Mortgage Solutions, Inc. (“RMS”) in a transaction valued at $120 million. The consideration to be paid by Walter Investment is expected to consist of $60 million in cash, Walter Investment common stock valued at $25 million and $35 million aggregate principal amount of MSR notes of a subsidiary of Walter Investment. The transaction is subject to receipt of governmental approvals, third-party consents and other customary closing conditions. The transaction is expected to close in the fourth quarter of 2012.
Tags: Simpson Thacher & Bartlett LLP | New York
Andrew L. Gaines, a leading employee benefits and executive compensation lawyer, has joined Paul, Weiss as a partner in the New York office.
Tags: Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York
Bass, Berry & Sims PLC today announced the addition of three experienced corporate and securities attorneys to its Washington, DC office. Samantha Gallagher, Justin Salon and Andy Campbell bring to Bass, Berry & Sims substantial experience representing real estate investment trusts (REITs) and national underwriters in real estate capital markets transactions. Samantha previously was a partner at the international law firm of Hogan Lovells US LLP, where Justin and Andy were associates.
Tags: Bass, Berry & Sims, PLCCrowe & Dunlevy is pleased to announce that Elizabeth Scott has joined the firm as a director in the healthcare, administrative and regulatory and litigation and trial practice groups in the firm’s Oklahoma City office.
The Washington, D.C., office of global law firm K&L Gates LLP has added Stuart B. Nibley as a partner in the government contracts and procurement policy practice. Nibley joins K&L Gates from Dickstein Shapiro LLP.
Tags: K&L Gates LLP
Honigman Miller Schwartz and Cohn LLP is pleased to announce that four attorneys joined the firm on September 4.
Tags: Honigman LLP