Munger, Tolles & Olson LLP represented Berkshire Hathaway Inc. in its definitive agreement to acquire The Lubrizol Corporation in an all-cash transaction. The deal was announced on March 14, 2011 and is valued at approximately $9.7 billion, including approximately $0.7 billion in net debt, making it one of the largest acquisitions in Berkshire Hathaway history.

Nelson Mullins Riley & Scarborough LLP attorneys won a landmark legal victory with a jury verdict last week and entry of judgment today in South Carolina federal district court in a first-of-its kind trademark infringement case on behalf of its client, Roger Cleveland Golf Company Inc. (“Cleveland Golf/Srixon”). (Roger Cleveland Golf Company, Inc. v. Prince (et al.), March 14, 2011)

Shearman & Sterling has represented Tiger Group Investments in its joint venture with The Carlyle Group to form a company that will work to acquire more than $5 billion in container, dry bulk, tanker vessels and other shipping assets to capitalize on increasing demand in the shipping sector. The new company is formed by Tiger Group Investments and The Carlyle Group in partnership with Seaspan Corporation, the Washington Family, Gerry Wang and Graham Porter.

Davis Polk advised International Meal Company Holdings S.A. and the selling shareholders in connection with an initial public offering of 30,545,167 common shares for an aggregate amount of approximately US$247.5 million. The common shares trade on the São Paulo Stock Exchange. Securities in the international offering were placed under Rule 144A and Regulation S.

Hogan Lovells advised Citi Infrastructure Investors, a leading global infrastructure fund under the Citigroup brand, on its US$1.5bn acquisition, together with one of its major investors, of a majority stake in DP World’s Australian shipping terminal operator businesses.  The deal, which was announced on 22 December, has now closed (11 March).

Simpson Thacher is representing JPMorgan, UBS and Macquarie as joint lead arrangers and joint bookrunners in connection with the approximately $3 billion financing of Citadel Broadcasting Corporation’s acquisition by Cumulus Media Inc.  The merger is expected to be completed by the end of 2011.

The Firm represented Best Buy Co., Inc. in connection with a public offering of $1.0 billion of debt securities. Best Buy offered $350 million of 3.750% Notes due 2016 and $650 million of 5.500% Notes due 2021. The offering constituted Best Buy’s largest financing in its history.

Davis Polk is advising Goldman Sachs Lending Partners LLC, Citigroup Global Markets Inc., SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC as joint lead arrangers in connection with a $700 million back-stop acquisition facility, including a $500 million senior secured term loan facility and $200 million senior secured revolving facility, for Catalyst Health Solutions, Inc. in connection with its acquisition of Walgreens Health Initiatives, Inc., a wholly owned subsidiary of Walgreen Co.

Today the Competition Appeal Tribunal (CAT) has handed down judgment in the Office of Fair Trading’s biggest-ever case, which concerned ‘cover pricing’ in the construction industry.

International investors have served initial demands on the Spanish government seeking reparation under international law for Spain’s retroactive changes to the solar photovoltaic (PV) tariff regimes.