Scott R. Miller has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Intellectual Property practice group, based in the firm’s Los Angeles office. Miller joins Sheppard Mullin from Connolly Bove Lodge & Hutz, where he was partner-in-charge of the firm’s Los Angeles office and a member of the firm’s management committee.
Tags: Sheppard, Mullin, Richter & Hampton LLP | Los Angeles
Akin Gump Strauss Hauer & Feld LLP has secured a $447 million settlement for its client Aluminium Bahrain, B.S.C. (Alba), from U.S.- based Alcoa, Inc. The settlement arises out of a claim brought by Alba under the Racketeer Influenced and Corrupt Organizations (RICO) Act against Alcoa, an Alcoa subsidiary and Canadian businessman Victor Dahdaleh in the U.S. District Court for the Western District of Pennsylvania. Alba is one of the largest industrial companies in the Middle East and the fourth-largest aluminum smelter in the world.
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Orrick, Herrington & Sutcliffe LLP won a critical motion for summary judgment on behalf of Dow AgroSciences in a heated battle with Bayer CropScience AG over a Bayer genetically modified plant patent.
Tags: Orrick, Herrington & Sutcliffe LLP | New York
Bracewell & Giuliani LLP represented Venoco, Inc. in the financing of its going-private merger.
Tags: Bracewell LLP | New York
International law firm Freshfields Bruckhaus Deringer has advised Advent International, one of the leading global private equity firms, on its acquisition of the coating resins business of Cytec Industries Inc., for $1.15 billion. The transaction, subject to regulatory approval and other customary closing conditions, is expected to be completed in the first quarter of 2013.
Tags: Freshfields LLPBingham McCutchen LLP announced today the expansion of its global regulatory and transactional practice and its Bingham Consulting LLC capabilities with the addition of former White House deputy counsel John Schmitz. Schmitz will join the firm as a partner and principal in Bingham Consulting LLC in the Washington, D.C., office.
Simpson Thacher recently represented J.P. Morgan Securities LLC, as a joint lead arranger, and JPMorgan Chase Bank, N.A., as administrative agent, in connection with the closing of an amendment and extension of Universal Health Services, Inc.’s (“UHS”) senior secured credit facilities. As a part of the amendment and extension, new lenders provided UHS with $900 million of additional Term A Loans and lenders under UHS’s existing senior secured credit facilities agreed to extend the maturity of approximately $892 million of UHS’s existing term A loans and approximately $732 million their revolving commitments.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe firm represented J.P. Morgan Securities LLC and Wells Fargo Securities, LLC as representatives of the initial purchasers of $375 million of 6.125% Senior Notes due 2020 of Wolverine World Wide, Inc. The firm also represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with $1.1 billion in new senior credit facilities for Wolverine. The proceeds of the notes offering and borrowings under the new senior credit facilities were used to finance a portion of the acquisition of the Performance + Lifestyle Group business of Collective Brands, Inc. by Wolverine and repay certain indebtedness.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing CorpBanca S.A. (NYSE: BCA; BCS: CORPBANCA), Chile’s fifth-largest lender, in connection with its $1.28 billion agreement to acquire Helm Bank S.A. Following the acquisition, Helm Bank will become the sixth-largest bank in Colombia. An affiliate of CorpBanca signed an agreement with the owners of Helm Bank to purchase 91 percent of Helm Bank’s ordinary shares and will make an offer to minority holders to purchase the remaining shares. An affiliate of CorpBanca has also agreed to purchase 80 percent of Helm’s insurance unit for $17 million.
Tags: Simpson Thacher & Bartlett LLP | New York