Moving to expand its already strong life sciences capabilities, international law firm McDermott Will & Emery LLP today announced the addition of two new partners and a team of seasoned patent practitioners in its Silicon Valley and Boston offices.
Tags: McDermott Will & Emery LLP
Lowenstein Sandler is representing NextWave Wireless Inc., a wireless technology company that manages and maintains wireless spectrum licenses, in its acquisition by communications leader AT&T. Under the terms of the agreement, announced August 2, 2012, AT&T will acquire all of the outstanding common shares of NextWave for $1.00 per share plus a contingent payment right representing a $25 million interest in an escrow fund. In addition, the holders of NextWave’s secured notes have entered into separate note purchase agreements with AT&T.
Tags: Lowenstein Sandler LLP | New York
Ronald “Ron” Hatcher has joined the Phoenix office as a partner in the Real Estate Group. Mr. Hatcher has extensive experience in complex real estate and business transactions. He has successfully represented and advised clients ranging from individuals to large national and regional companies in the negotiations of commercial lease, purchase, sale and joint venture agreements.
Tags: Gordon Rees Scully Mansukhani, LLP | Phoenix
On August 1, Willkie client Baring Asset Management, an international investment management firm, announced it has agreed to acquire SEI Asset Korea Co., Ltd. London-based Barings, a subsidiary of MassMutual Financial Group, currently has about $47 billion under management.
Tags: Willkie Farr & Gallagher LLP | New York
Simpson Thacher represented ClearBridge Energy MLP Total Return Fund Inc. (the “Fund”) in connection with its $700 million initial public offering of common stock. The Fund is a newly organized, non-diversified, closed-end management investment company which trades on the New York Stock Exchange under the symbol “CTR”. The underwriting syndicate for the offering was led by Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities LLC and Ameriprise Financial Services, Inc.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently completed its representation of Evercore Group L.L.C. and Citigroup Global Markets Inc., as dealer managers, in connection with private exchange offers and related consent solicitations conducted by Suburban Propane Partners, L.P. and its subsidiary Suburban Energy Finance Corp. for any and all of the $600 million principal amount of 7% Senior Notes due 2018 and $600 million principal amount of 6-7/8% Senior Notes due 2021 issued by Inergy, L.P. and Inergy Finance Corp. The exchange offers and consent solicitations were conducted in connection with the acquisition by Suburban of Inergy’s retail propane business. In the exchange offers the Suburban entities offered $1 billion aggregate principal amount of their 7-1/2% Senior Notes due 2018 and 7-3/8% Senior Notes due 2021 and $200 million in cash. The Firm also represented Evercore as financial advisor to Suburban in connection with the acquisition.
Tags: Simpson Thacher & Bartlett LLP | New York
Snell & Wilmer is pleased to announce the addition of Rick McNeil as a partner in the firm’s commercial litigation group in Orange County. He joins Snell & Wilmer from the law firm of Jeffer Mangels Butler & Mitchell. McNeil also formerly chaired the environmental practice at Irell & Manella.
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DLA Piper today announced that Carl Buchholz has joined the Litigation practice as a partner in the Philadelphia office.
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Proskauer has expanded its labor and employment capabilities with the addition of employment litigator Steven J. Pearlman as a Partner in the firm’s Chicago office. A former partner and co-chair of Seyfarth Shaw’s national Sarbanes-Oxley Whistleblower team, Mr. Pearlman joins Proskauer’s Labor & Employment Law Department as co-head of its newly launched Whistleblowing and Retaliation Practice Group.
Tags: Proskauer Rose LLP