Hogan Lovells advised Daimler on the strategic partnership between Daimler Buses and Motor Coach Industries (MCI), including the sale of Daimler’s Setra-branded premium motor coach distribution business to MCI. In connection with the transaction, which closed on 29 June 2012, Daimler Buses received a minority ownership stake in MCI, and MCI became the exclusive North American distributor of the Setra S407 and S417 German-manufactured premium motor coaches.
Tags: Hogan Lovells | New York
The Phoenix office of Gordon Rees LLP has recruited attorney Ronald Hatcher, Jr. as a partner in the firm’s real estate practice. Formerly the general counsel for an Arizona based real estate group, Mr. Hatcher brings significant experience to the firm.
Tags: Gordon Rees Scully Mansukhani, LLP | Phoenix
Mayer Brown JSM advised Hong Kong-listed China State Construction International Holdings Limited (CSCI) on its top-up placement of 300 million shares to independent third parties at approximately HK$7.57 per share, raising approximately HK$2.2 billion.
Tags: Mayer Brown LLP | Hong Kong
An international tribunal ordered the Russian government to compensate a group of Spanish investors for the losses they suffered when Russia seized the Yukos Oil Company, one of the largest oil and gas companies in the world.
Tags: Covington & Burling LLP
Global law firm White & Case LLP achieved a significant trial victory for Pfizer Inc. in a patent infringement case against seven generic drug companies regarding three patents covering the active ingredient in Pfizer’s blockbuster drug Lyrica® and its therapeutic uses.
Tags: White & Case LLP | New York
Shearman & Sterling is representing the Ardagh Group in its acquisition of Anchor Glass Container Company from private investment funds managed by Wayzata Investment Partners LLC in a transaction involving total cash consideration of US $880 million (€721 million). The transaction is subject to US regulatory approval and other customary closing conditions.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling is representing the Intellectual Property & Science business of long-standing client Thomson Reuters in its acquisition of MarkMonitor. The completion of the acquisition is subject to standard regulatory approvals. The terms of the transaction were not disclosed.
Tags: Shearman & Sterling LLP | New York
On July 25, 2012, United Technologies Corporation entered into a definitive agreement pursuant to which affiliates of the Carlyle Group LP and BC Partners Ltd will acquire certain industrial businesses of its Hamilton Sundstrand subsidiary for approximately $3.5 billion. Cravath represented Credit Suisse as joint lead arranger of committed financing in connection with this transaction.
Tags: Cravath, Swaine & Moore LLP | New York
On July 25, Willkie advised Bank of America, N.A. as Administrative Agent and Wells Fargo Bank, National Association, as Joint Lender Arranger, in closing a $1.5 billion amended and restated credit facility to Host Hotels & Resorts, L.P.
Tags: Willkie Farr & Gallagher LLP | New York