Mintz Levin’s Life Sciences Practice Represents Boston Biomedical, Inc. in its Agreement with Dainippon Sumitomo Pharma Co., Ltd. to be Acquired for up to $2.63 Billion

Monday, March 5, 2012
The Life Sciences Practice of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.  represented its client, Boston Biomedical, Inc. (BBI), in the company’s definitive agreement to be acquired by Dainippon Sumitomo Pharma Co., Ltd. (DSP).  Under the terms of the agreement, DSP will acquire BBI for up to $2.63 billion in total, which includes $200 million upfront, up to $540 million in development milestone payments, and up to $1.89 billion in sales milestone payments.

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Tags:  Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Clifford Chance Advises National Agricultural Cooperative Federation on Its Successful Debt Liability Management Exercise for Its Reorganisation

Monday, March 5, 2012
Leading international law firm Clifford Chance has advised the National Agricultural Cooperative Federation (NACF) in its successful debt liability management exercise including solicitation of consents from the holders of its outstanding US$400,000,000 5.55% notes due 2012, US$180,000,000 8.50% notes due 2014, US$500,000,000 5.00% notes due 2014, US$500,000,000 4.25% notes due 2016, US$500,000,000 3.50% notes due 2017, HKD230,000,000 4.80% notes due 2012, HKD250,000,000 4.56% notes due 2013, SGD50,000,000 1.10% notes due 2012, SGD38,000,000 zero coupon notes due 2012, SGD40,000,000 1.27% notes due 2013 and JPY10,000,000,000 3.16% notes due 2 May 2018.

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Tags:  Clifford Chance LLP | Hong Kong

McDermott Adds To Growing Employee Benefits Team

Monday, March 5, 2012
International law firm McDermott Will & Emery LLP today named Ruth Wimer, Esq., CPA, a partner in the Firm’s Employee Benefits, Compensation, Labor & Employment Practice Group, based in the Washington, D.C. office. The addition of Ms. Wimer, who has deep and broad experience in the compensation and benefits area, will increase McDermott’s capabilities in this growing client service area.

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Tags:  McDermott Will & Emery LLP

Leading Cross-Border Corporate Lawyer Joins DLA Piper

Monday, March 5, 2012
DLA Piper today announced that Kathleen Smith Ruhland has joined as a partner in the Corporate and Finance practice of the Minneapolis office. Ruhland joins DLA Piper from Faegre Baker Daniels LLP, where she was co-chair of that firm’s international practice.

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Tags:  DLA Piper

Davis Polk Advises H. J. Heinz Company on Its $600 Million Notes Offering

Monday, March 5, 2012
Davis Polk advised H. J. Heinz Company as issuer of a registered offering of $300 million aggregate principal amount of 1.5% notes due 2017 and $300 million aggregate principal amount of 2.85% notes due 2022. The notes were underwritten by J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS Securities LLC, as representatives of the several underwriters named in the underwriting agreement dated February 28, 2012.

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Tags:  Davis Polk & Wardwell LLP | New York

Ashurst Strengthens China Practice and Announces Beijing Launch

Friday, March 2, 2012
Ashurst is pleased to announce the appointment of Patrick Phua as a partner in its China practice. Patrick, an experienced finance lawyer specialising in derivatives and structured products, joins Ashurst from the Beijing office of Mallesons Stephen Jaques, where he was head of the derivatives, structured finance and banking practice in China.

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Tags:  Ashurst | Beijing