Shearman & Sterling Advises on Cricket Communications’ $400 Million Notes Offering

Shearman & Sterling represented the initial purchasers, represented by Goldman, Sachs & Co., Morgan Stanley & Co. Incorporated and Deutsche Bank Securities Inc., in connection with their purchase of $400 million aggregate principal amount of Cricket Communications, Inc.’s (“Cricket”) 7.75% Senior Notes due 2020. The notes are a further issuance of, and will be treated as a single class with, the already outstanding $1,200 million aggregate principal amount of 7.75% Senior Notes that Cricket issued in November 2010. Headquartered in San Diego, California, Cricket is a leading wireless communications carrier that offers unlimited nationwide wireless services.

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Multi-Office Greenberg Traurig Team Represents APR Energy and Certain of its Shareholders in its Acquisition by Horizon Acquisition Company plc

In a powerful display of its multi-national, multi-disciplinary reach, international law firm Greenberg Traurig and its London office, Greenberg Traurig Maher, advised APR Energy Cayman Limited (“APR”) and its management shareholders in the sale of APR to Horizon Acquisition Company plc (Horizon). APR is one of the world’s largest providers of temporary power generation solutions.

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SNR Denton and Standing Rock Telecommunications Win Federal Funding Support for Wireless Network

SNR Denton announced today that the Federal Communications Commission (FCC) designated Standing Rock Telecommunications, Inc. (Standing Rock), a tribally-owned wireless carrier, as an eligible telecommunications carrier (ETC), effective immediately. In so doing, the FCC expanded the existing ETC designation conferred by the Wireline Competition Bureau (WCB) to include making Standing Rock eligible to receive federal universal service support (USF) so that it can bring wireless service to the sparsely populated Standing Rock Sioux Tribe Reservation, which straddles the border of North Dakota and South Dakota.

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Baker & McKenzie Advises on Landmark Polish IPOs from Ukraine

Baker & McKenzie has recently acted as Ukrainian, Polish and Luxembourg law counsel in the initial public offering of WESTA ISIC S.A. For 25% of the company’s shares which were placed during the IPO and admitted for listing on the Warsaw Stock Exchange, the company raised PLN129.6 million. The multi-jurisdictional team was led by partners Konrad Konarski (Warsaw) and Serhiy Chorny (Kyiv) with the key input from associates Olena Kuchynska (Kyiv); and, Michal Glowacki and Piotr Kowalik (Warsaw). Partner Raphael Collin and associate Nicolas Ronzel advised on Luxembourg law matters.

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McDermott Advises Atrius Health on Integration of New Group Affiliate

International law firm McDermott Will & Emery LLP represented Atrius Health in successful negotiations leading to Fallon Clinic becoming the sixth member of Atrius Health, a system of five non-profit community-based physician groups in Eastern Massachusetts.  As part of the negotiations, McDermott was responsible for securing regulatory approvals for the affiliation, including the negotiation of an Assurance of Discontinuance with the Massachusetts Attorney General.

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Simpson Thacher Represents ClearBridge Energy MLP Opportunity Fund Inc. in its IPO

Simpson Thacher represented ClearBridge Energy MLP Opportunity Fund Inc. (the “Fund”) in connection with its initial public offering of common stock. The offering raised approximately $621 million assuming full exercise of the underwriters’ overallotment option. The Fund is a newly organized, non-diversified, closed-end management investment company which trades on the New York Stock Exchange under the symbol “EMO”. The underwriting syndicate for the offering was led by Morgan Stanley & Co. LLC, Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated.

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Simpson Thacher Represents JPMorgan as Financial Advisor to Carpenter Technology Corporation in its Approximately $558 Million Acquisition of Latrobe Specialty Metals, Inc.

Simpson Thacher is representing J.P. Morgan Securities LLC as financial advisor to Carpenter Technology Corporation  (“Carpenter”) in connection with its acquisition of Latrobe Specialty Metals, Inc. (“Latrobe”).  The transaction is valued at approximately $558 million, including $170 million in cash Carpenter will pay to eliminate Latrobe’s debt at closing and reimburse certain transaction costs.  As part of the transaction, 8.1 million shares of Carpenter stock, subject to certain adjustments, will be issued to the current owners including Hicks Equity Partners and The Watermill Group.  The transaction is expected to close by September 30, 2011.

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Willkie Advises on Takeover of Palms Casino Resort in Las Vegas

It was recently announced that Willkie clients TPG Capital and Leonard Green & Partners have agreed to acquire substantially all of the assets of the Palms Casino Resort in Las Vegas. Following receipt of required regulatory approvals and upon consummation of the definitive transaction documents, affiliates of the private equity firms will contribute their approximately $440 million in secured debt in exchange for a controlling stake in the resort.

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Tags:  Willkie Farr & Gallagher LLP