On Aug. 30, 2012, Jackson Walker obtained a key victory for its client, Bankcard Processing International L.L.C., when the Court of Appeals for the First District of Texas overturned a $1.5 million judgment against the company and other defendants.
Tags: Jackson Walker, LLP | Houston
Leading global law firm Baker & McKenzie has further expanded its London and global dispute resolution practice with the appointment of leading international arbitration and litigation lawyer, Steve Abraham, as partner.
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Davis Polk advised Citigroup Global Markets, Inc. and Barclays Capital as active joint lead arrangers in connection with a $1 billion 3.5-year unsecured revolving credit facility and a $1.5 billion 5-year unsecured revolving credit facility provided to DIRECTV Holdings LLC. The obligations of the borrower under both credit facilities are guaranteed by DIRECTV and certain of the borrower’s material domestic subsidiaries. The facilities will be used for general corporate purposes.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC as representatives of the initial purchasers in connection with the debut global offering by Colombia Telecomunicaciones S.A. ESP of $750 million aggregate principal amount of its 5.375% senior notes due 2022. The notes were offered pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Jefferies & Company, Inc. as joint book-running managers on an SEC-registered offering of $125 million aggregate principal amount of 4.5% convertible senior notes due 2017 of XPO Logistics, Inc. The total proceeds of the offering were approximately $120.3 million.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk is advising Merrill Lynch, Pierce, Fenner & Smith Incorporated as sole lead arranger and bookrunner in connection with $2.12 billion of financing provided to Tempur-Pedic International Inc. for its proposed acquisition of Sealy Corporation. The financing consists of $1.42 billion senior secured term loan facilities, a $350 million senior secured revolving credit facility and a $350 million senior unsecured bridge facility.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised underwriters represented by Credit Suisse Securities (Europe) Limited, HSBC Securities (USA) Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Scotia Capital (USA) Inc. in connection with the offering of $1.25 billion aggregate principal amount of 1.65% bonds due 2019, issued by the Province of Ontario.
Tags: Davis Polk & Wardwell LLP | New York
Latham & Watkins LLP is pleased to announce that Jonathan Link has joined the firm’s Washington, D.C. office as a partner in the Litigation Department. Link, an electrical engineer and former patent examiner, brings more than 18 years of intellectual property-related experience in the technology and scientific sectors, including more than a decade specializing in patent litigation.
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Cooley LLP announced that it advised Clearlake Capital Group, LP in its recent acquisition of NetMotion Wireless Holdings, Inc. and its subsidiaries, as well as in its acquisition of substantially all of the assets of Mformation Technologies, Inc. The terms of both transactions were not disclosed.
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Jay Koren has joined Akerman Senterfitt as a shareholder in the firm’s Taxation Practice Group and will be based in Akerman’s Miami office.
Tags: Akerman LLP | Miami