Bryan Cave Represents Terex in $1.3B Public Tender Offer for Demag Cranes AG

Thursday, May 5, 2011
Bryan Cave is representing Terex Corporation, a Westport, Connecticut-based international manufacturer of construction machinery and equipment, in connection with its tender offer for all of the stock of Demag Cranes AG, a German company. Bryan Cave is handling the financing of the proposed acquisition as well as antitrust and other regulatory aspects of the transaction. Freshfields Bruckaus Deringer is representing Terex on the offer and German law issues.

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Tags:  Bryan Cave Leighton Paisner LLP

Fourth Circuit Hands Novell Victory in Antitrust Suit Against Microsoft

Thursday, May 5, 2011
A federal appeals court ruled today that multinational software maker Novell, Inc. (recently acquired by Attachmate Corp.) could continue to pursue an antitrust suit against Microsoft Corp. involving claims that the tech giant used illegal business tactics to undercut Novell’s office productivity applications during the 1990s.

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Linklaters Advises BlackRock on a New Precious Metals Exchange-Traded Commodities (ETC) Platform

Thursday, May 5, 2011
Linklaters has advised BlackRock Advisors (UK) Limited as arranger and adviser on the establishment of a Programme under which iShares Physical Metals plc as Issuer may from time to time issue ETC Securities backed by Gold, Silver, Platinum or Palladium in physical form. Four series of ETC Securities – Gold, Silver, Platinum and Palladium – have been issued.

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Tags:  Linklaters LLP

Morgan Lewis Wins $577M, Including $30M in Punitive Damages, for Asahi Kasei Pharma

Thursday, May 5, 2011
Late Tuesday in San Mateo County, a Morgan Lewis trial team for Asahi Kasei Pharma Corp. won $30 million in punitive damages against individual defendants, including Actelion Ltd. CEO Jean-Paul Clozel, following a protracted three-month trial resulting in a jury verdict of nearly $547 million against Swiss biopharmaceutical firm Actelion Ltd. and associated defendants last Friday.

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Tags:  Morgan, Lewis & Bockius LLP

Simpson Thacher Represents Time 4 Fun and Selling Shareholders in US$340 Million Initial Public Offering in Brazil

Wednesday, May 4, 2011
Simpson Thacher recently represented T4F Entretenimento S.A. and certain selling shareholders in connection with the initial public offering of 29,310,345 common shares. The common shares were offered to the public in Brazil, to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons under Regulation S. The transaction raised R$469 million (approximately US$297 million) in proceeds, in addition to R$70 million (approximately US$44 million) or 4,396,551 additional shares sold by the selling shareholders on exercise of the overallotment option.

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Tags:  Simpson Thacher & Bartlett LLP | Sao Paulo

Baker & McKenzie Expands Middle East & North Africa Practice with New Office in Qatar

Tuesday, May 3, 2011
Baker & McKenzie today announced the opening of an office in Doha, Qatar, expanding its three-decades-long presence in the Middle East and North Africa (MENA) region with its fifth office. The Qatar office will become the Firm’s 69th location worldwide, specializing in banking & finance (including Islamic and project finance), energy & infrastructure, corporate and M&A, real estate & hospitality, construction and dispute resolution to serve both international and domestic clients.

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Tags:  Baker McKenzie