Cahill – Valeant Completes $2.25 Billion Acquisition Financing

Cahill represented the initial purchasers in connection with the Rule 144A/Reg S offering of $1,750,000,000 6.375% Senior Notes due 2020 for VPI Escrow Corp., the proceeds of which will be used to partially finance the acquisition of drug maker Medicis Pharmaceutical Corporation. The obligations of VPI Escrow Corp. under the notes will be assumed by Valeant Pharmaceuticals International upon the consummation of Valeant’s acquisition of Medicis.

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Tags:  Cahill Gordon & Reindel LLP | New York

Stamford Law Advises the First Indonesian Coal Mining Group to be Listed in the Last Five Years

In what is the first Indonesian coal mining group to be listed in the last five years, Stamford Law played a key role in advising Geo Energy Resources Limited on its listing on the Mainboard of the SGX-ST. The Geo Energy Group is a coal mining group with business operations and coal mining concession in Indonesia. The initial public offering of shares is expected to raise approximately S$94 million. Based on the invitation price of S$32.5 cents, the Company’s market capitalisation at listing is expected to be approximately S$376 million.

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Tags:  Singapore

Squire Sanders Expands Presence in Saudi Arabia

Global legal practice Squire Sanders announces that it has expanded its Middle East practice through the acquisition of El-Khoury & Partners MENA business, which formerly operated in Saudi Arabia as EK Partners & Al-Enezee. The acquisition has strengthened Squire Sanders’ presence in the region as it now opens a fully integrated office in Riyadh operating as Al-Enezee in association with Squire Sanders.

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Tags:  Squire Patton Boggs

IP Litigation Partner Scott Miller Joins Sheppard Mullin

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.

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Tags:  Sheppard, Mullin, Richter & Hampton LLP | Los Angeles

Akin Gump Secures $447 Million Recovery in First-Ever RICO Claim by Foreign Company

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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Tags:  Akin Gump Strauss Hauer & Feld LLP