Shearman & Sterling Advises on Lowe’s Companies, Inc.’s $2 Billion Investment Grade Debt Offering

Shearman & Sterling represented Wells Fargo Securities, LLC, Goldman, Sachs & Co. and U.S. Bancorp Investments, Inc. as representatives of the several underwriters in connection with Lowe’s Companies, Inc.’s public offering of $500 million of its 1.625% Notes due 2017, $750 million of its 3.120% Notes due 2022 and $750 million of its 4.650% Notes due 2042. Lowe’s is the second largest home improvement retailer in the world.

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Shearman & Sterling Advises on Omnicom Group Notes Offering

Shearman & Sterling represented the underwriters led by Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, HSBC Securities (USA) Inc. and Wells Fargo Securities, Inc. in connection with the public offering of $750,000,000 aggregate principal amount of 3.625% Senior Notes due 2022 of Omnicom Group Inc. and its two wholly owned finance subsidiaries, Omnicom Capital Inc. and Omnicom Finance Inc.

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Quarles & Brady Secures Major Intellectual Property Victory

The national law firm of Quarles & Brady achieved an important victory for its client, Munchkin, Inc., in a lengthy patent infringement battle between Munchkin and its direct competitor concerning Munchkin’s Twist-Tight™ children’s drinking cups. Quarles had earlier achieved a victory of non-infringement on summary judgment in the Western District of Wisconsin, and then successfully defended that victory from a motion for reconsideration and again on appeal. On appeal, the Federal Circuit affirmed the District Court’s decision that Munchkin’s Twist-Tight™ cups do not infringe a patent held by competitor Learning Curve, Inc. Munchkin was represented in the District Court and on appeal by Quarles & Brady attorneys Josephine K. Benkers and Martha J. Snyder.

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