Davis Polk – Savient Pharmaceuticals, Inc. $230 Million Convertible Senior Notes Offering

Davis Polk advised J.P. Morgan Securities LLC as the sole book-running manager and representative of the underwriters on a registered public offering by Savient Pharmaceuticals, Inc. of $230 million aggregate principal amount of its 4.75% convertible senior notes due 2018 (which included the full exercise of the over-allotment option). 

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Tags:  Davis Polk & Wardwell LLP

Cooley Advises Epocrates, Inc. on its Initial Public Offering

Cooley LLP announced that it represented Epocrates, Inc. (NASDAQ: EPOC), in connection with its initial public offering of common stock.  Underwriters include J.P. Morgan Securities LLC and Piper Jaffray & Co., serving as joint book-running managers, and William Blair & Company, L.L.C. and JMP Securities LLC, acting as co-managers.

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Olswang Secures the Sale of Goviral to AOL Europe

Olswang announces that it has advised the selling shareholders on the sale of goviral to AOL Europe. Established in 2005, goviral is a video distribution network that delivers branded content over the internet for some of the world’s largest and most esteemed brands, media agencies creative agencies and content producers. The transaction was completed for $74.1 million in cash with an additional $22.6 million of consideration being paid over two years following completion.

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Tags:  CMS

CMS Advises Largest Dental Corporate Group in UK

CMS Cameron McKenna LLP is pleased to have advised longstanding client Integrated Dental Holdings Limited (“IDH”) on its merger with with Associated Dental Practices (“ADP”) in a deal worth some £450 million. The Carlyle Group (“Carlyle”)  will hold a majority stake in the newly combined entity and Palamon will share joint governance.  The proposed merger of IDH and ADP is subject to the relevant regulatory approvals.

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Attorney Barry B. Sutton Joins Clark Hill PLC, Detroit

Clark Hill PLC is proud to announce that Barry B. Sutton has joined the firm’s Detroit office, practicing in the Litigation practice group. Sutton specializes in product liability, and serves as national trial counsel for numerous companies, in product liability and other disputes throughout the country. Sutton has been repeatedly successful in obtaining both appellate and trial judgments on behalf of those clients. As principle drafter of the successful appellate briefs in Gregory v. Cincinnati, Peck v. Bridgeport Machines and Hollister v. Dayton Hudson Corporation, Sutton has helped to define and structure Michigan’s law of product liability. Sutton’s involvement in the defense of hunting product manufacturers and large, automotive component part suppliers on a national basis has allowed him to help shape the trends in product liability throughout the United States. In this capacity, Sutton is one of the pioneers in defending component part suppliers in product liability suits.

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Tags:  Clark Hill PLC | Detroit