Covington Advises SandRidge in $1.275 Billion Acquisition of Dynamic Offshore Resources and Related Financing

Covington & Burling advised SandRidge Energy, Inc. on its announced acquisition of Dynamic Offshore Resources, LLC for $1.275 billion in cash and stock. Under the agreement, SandRidge will pay about $680 million in cash and approximately 74 million shares of SandRidge common stock valued at $8.02 per share. Covington also advised SandRidge on the related $725 million in committed financing from Bank of America Merrill Lynch, SunTrust Robinson Humphrey and Royal Bank of Scotland that the Company may use to fund the cash portion of the consideration.

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Tags:  Covington & Burling LLP | New York

Goodwin Procter Expands Intellectual Property Litigation Practice with Addition of New Partners in Los Angeles

Goodwin Procter today announced that Terry D. Garnett and Vincent K. Yip have joined the firm’s Litigation Department in its Los Angeles office as partners in Goodwin’s Patent Litigation Practice. They will both focus on high-stakes patent litigation and licensing matters with an emphasis on the information technology industry.

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Tags:  Goodwin Procter LLP | Los Angeles

Abraham Shashy Jr. Re-joins King & Spalding as Leader of Global Tax Practice Group

Abraham N.M. “Hap” Shashy, Jr., former chief counsel of the Internal Revenue Service, is rejoining King & Spalding’s Washington, D.C., office as a partner and chair of the global tax practice group, the firm announced today. Shashy joins King & Spalding from Dewey & LeBoeuf LLP, where he was Washington office managing partner and leader of the Washington tax practice.

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King & Spalding Continues Expansion of its Litigation Practice with the Addition of David Balser and Larry Slovensky in Atlanta

David L. Balser, one of the leading trial lawyers in the southeast United States, and Lawrence A. Slovensky, a prominent litigator, have joined the business litigation practice of King & Spalding as partners in the Atlanta, Ga., office, the firm announced today. Their arrival continues the strategic global expansion of the firm’s litigation practice, bringing the total number of lateral litigation partners who have joined the firm in the past 24 months to 21. The two lawyers join King & Spalding from McKenna Long & Aldridge, where they were partners.

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Tags:  King & Spalding LLP