The Firm recently represented First Data Corporation in private exchange offers, in which the Company exchanged $6.0 billion aggregate principal amount of its 9.875% Senior Notes due 2015 and 10.550% Senior PIK Notes due 2015, for $6.0 billion aggregate principal amount of new securities, consisting of (i) 50% in new 8.25% Senior Second Lien Notes due 2021 or, at the election of each holder who tendered prior to the early tender date and subject to certain limitations, in up to $1.0 billion aggregate principal amount of new 8.75/10.00% PIK Toggle Senior Second Lien Notes due 2022, and (ii) 50% in new 12.625% Senior Notes due 2021.
Tags: Simpson Thacher & Bartlett LLPClifford Chance and Mayer Brown Advise on Canary Wharf Group’s Sale of 25 Bank Street Building to J.P. Morgan
Clifford Chance has advised long-standing client Canary Wharf Group on the £495 million acquisition by US Investment Bank J.P. Morgan of 25 Bank Street, Canary Wharf. It also advised on the receipt by Canary Wharf Group of £144.5m for a rental guarantee on the building provided by AIG. Mayer Brown advised long standing client J.P. Morgan on the acquisition of the building and in relation to its refurbishment.
Tags: Mayer Brown LLPMorrison & Foerster Secures Jury Verdict for ICU Medical in Patent Infringement Case
Morrison & Foerster recently secured a jury verdict for ICU Medical, Inc. in a patent infringement case against RyMed Technologies, Inc. On December 17, 2010, an eight-person jury in the U.S. District Court of Delaware found that RyMed’s InVision Plus I.V. connector infringes two patents owned by ICU. The jury also found that ICU’s patents are valid.
Tags: Morrison & Foerster LLPGoodwin Procter Advises SmartCells On Its Sale to Merck & Co.
Goodwin Procter served as advisor to client SmartCells on its acquisition by Merck & Co. last week. SmartCells shareholders will receive an upfront cash payment and be eligible to receive clinical development and regulatory milestones for products resulting from the transaction for potential aggregate payments in excess of $500 million. Sales-based payments for products resulting from the transaction will also be payable.
Tags: Goodwin Procter LLPMusic Industry, Family-owned Companies Join Forces; Nixon Peabody Advises in Agreement Between Leading Brands
Avedis Zildjian Co., a Norwell, MA–based and world-renowned manufacturer of cymbals, has completed its merger with the business of Vic Firth, Inc., and Vic Firth Manufacturing, Inc. (“Vic Firth”), a Massachusetts-based, world-renowned manufacturer and distributor of drumsticks, percussion sticks, mallets, peppermills, salt mills, and rolling pins.
Tags: Nixon Peabody LLPSimpson Thacher Represents AOL in its Acquisition of about.me
The Firm represented AOL Inc. in its acquisition of about.me, Inc. The purchase price and other terms of the transaction have not been publicly disclosed. about.me is a service that allows users to create a single personal profile page that presents their online identities together in one place, simplifying the social experience across the web. This includes profiles on LinkedIn, Twitter, Facebook, email, personal blogs and more.
Tags: Simpson Thacher & Bartlett LLPMannheimer Swartling has Advised DocMorris on IT Outsourcing Agreement with Logica
DocMorris Pharmacies (Admenta Sverige AB) has signed an agreement with Logica Sverige AB regarding outsourcing of IT services for their pharmaceutical business.
Tags: Mannheimer SwartlingDLA Piper Advises XING AG on Takeover of Amiando
DLA Piper Advises Stefanini in Mid Market Brazil – US Acquisition
DLA Piper announced today that it represented Stefanini International Holdings Ltd in the December 13 closing of its tender offer and follow-on merger with TechTeam Global. This US$93.4 million acquisition is a significant step in Stefanini IT Solutions’ strategy of expanding its international presence.
Tags: DLA PiperShearman & Sterling Advises Shareholders on Sale of Brands4Friends to eBay
Shearman & Sterling advised Tengelmann E-Commerce Beteiligungs-GmbH, Mangrove II Investments S.à.r.l., Holtzbrinck Ventures GmbH and several funds of Partech Group as part of a larger group of shareholders regarding the sale of Private Sale GmbH (Brands4Friends) to eBay.
Tags: Shearman & Sterling LLP







