Faegre & Benson Scores Significant Victory for Seagate

Faegre & Benson secured an important defense victory for Seagate against Siemens in a patent infringement trial that was held last summer before a judge in Belfast, Northern Ireland.  On July 4, 2011, the court officially announced a complete defense verdict for Seagate. This is the second courtroom victory Faegre & Benson achieved for Seagate in the company’s now five-year legal battle with Siemens over a patent relating to read-head technology for hard disc drives.

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Tags:  Faegre Drinker Biddle & Reath LLP

Sedgwick Expands into the Pacific Northwest

Sedgwick LLP has announced the opening of  its newest office in Seattle, the firm’s first in the Pacific Northwest and 14th office globally. The firm’s Seattle office will be led by managing partner Christopher S. Marks, who has joined the firm’s Complex Litigation Division. At Sedgwick, Marks will handle product liability and commercial litigation matters.

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Simpson Thacher Represents KKR, Silver Lake and TCV in Proposed Partnership with Go Daddy

The firm is representing a consortium comprised of Kohlberg Kravis Roberts & Co., Silver Lake Partners and Technology Crossover Ventures in connection with the execution of a definitive agreement to provide a strategic investment and enter into a partnership with The Go Daddy Group, Inc. (“Go Daddy”). The transaction was announced July 1, 2011. Terms of the transaction were not disclosed.

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Tags:  Simpson Thacher & Bartlett LLP

Shearman & Sterling Advises Underwriters in Teck Resources Limited’s US$2 Billion Offering of Notes

Shearman & Sterling represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman, Sachs & Co. and RBC Capital Markets, LLC, as joint bookrunning managers, and CIBC World Markets Corp., Morgan Stanley & Co. LLC, RBS Securities Inc., UBS Securities LLC, Barclays Capital Inc., BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Mizuho Securities USA Inc. and Scotia Capital (USA) Inc., as co-managers, in connection with Teck Resources Limited’s US$2 billion offering of US$300,000,000 aggregate principal amount of 3.15% notes due 2017, US$700,000,000 aggregate principal amount of 4.75% notes due 2022 and US$1,000,000,000 aggregate principal amount of 6.25% notes due 2041. The notes are fully and unconditionally guaranteed by Teck’s wholly-owned subsidiary, Teck Metals Ltd.

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Tags:  Shearman & Sterling LLP