International law firm Simmons & Simmons expands its financial markets practice in Hong Kong with the appointment of Simon McKnight who joins the firm as a partner. More >>
Tags: Simmons & Simmons | Hong Kong
Allen & Overy strengthens global finance practice with hire of five-partner leveraged finance team in New York
Allen & Overy is pleased to announce a major strategic addition to its global finance practice that will significantly expand its U.S. presence, with the hiring of a team of five New York leveraged finance partners. The team is led by senior leveraged finance partner Scott M. Zemser and includes dual qualified partner Alan Rockwell and partners Rajani Gupta, Judah Frogel and Todd Koretzky. Scott, Alan and Judah are joining from White & Case, Rajani is joining from Proskauer Rose and Todd is joining from Milbank, Tweed, Hadley & McCloy. More >>
Tags: Allen & Overy LLP | New York
K&L Gates Adds Leading FinTech Partners
Global law firm K&L Gates LLP welcomes Judith Rinearson and Linda C. Odom as partners in the firm’s FinTech and Consumer Financial Services practices. Rinearson, who joins K&L Gates’ New York and London offices, and Odom, who joins the Washington, D.C. office, both arrive from Bryan Cave LLP. More >>
Tags: K&L Gates LLP | Washington
Haynes and Boone Establishes California Insurance Recovery Practice With Addition of Team Led by Veteran Practitioner David P. Bender Jr.
The highly regarded Haynes and Boone, LLP Insurance Recovery Practice proudly welcomes three new California-based lawyers led by Partner David P. Bender Jr., who brings 31 years of experience advocating for policyholder rights across a wide range of industries. More >>
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Akerman Grows Chicago Office with Former R.R. Donnelley VP and Chief Patent Counsel, Thomas Pasternak
Akerman LLP, a top 100 U.S. law firm serving clients across the Americas, today expanded its Chicago office with partner Thomas Pasternak in the Intellectual Property Practice Group. He adds dedicated experience in patent and trademark litigation to a team that has grown six times larger to 48 lawyers since Akerman’s Chicago office opened in 2014. To accommodate this rapid office growth, Akerman recently revealed a plan to more than double its physical footprint in the region. More >>
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Stoel Rives Welcomes Accomplished and Experienced Corporate Attorney to Salt Lake City Office
Stoel Rives LLP is pleased to announce that Sam Gardiner has joined the firm as a partner in the firm’s Corporate practice group. Previously, Sam was a partner at Dorsey & Whitney LLP in Salt Lake City and co-chair of its firmwide M&A practice group. More >>
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John E. Bowman Joins Dinsmore’s Washington, D.C. Office
Dinsmore & Shohl LLP grows its Washington, D.C. office by welcoming veteran attorney John E. Bowman to the firm. He will serve as co-chair of the firm’s Financial Institutions Group. More >>
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Barnes & Thornburg Adds Three Insurance Recovery Attorneys In Los Angeles and Dallas
Barnes & Thornburg LLP announced today that David Wood, John Corbett and Joshua Rosenberg have joined the firm’s Litigation Department and Insurance Recovery and Counseling Practice Group. The trio arrives from Anderson Kill’s Ventura, California, office, where Wood served as co-managing shareholder. More >>
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Orrick Adds M&A and Energy Partner in Houston with Latin America Focus
Orrick announced today that Gabriel Salinas has joined the firm as a partner in its M&A and Private Equity practice and Latin America team, resident in its Houston office. Orrick launched its Houston office earlier this year and has rapidly grown it to 42 lawyers drawing on top-tier talent in the Texas market. Gabriel joins Orrick from Mayer Brown. More >>
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King & Spalding Represents Henkel on $3.6 Billion Acquisition Financing
King & Spalding advised Henkel – a leading Germany-based manufacturer of home care, beauty and adhesive products – on the $3.6 billion acquisition financing for its purchase of US detergent and household products business Sun Products Corporation.
Henkel purchased the company from Vestar Capital Partners, making Henkel the second largest laundry care business in North America. The Sun Products Corporation, headquartered in Wilton, Connecticut, manufactures household products that include Snuggle, Wisk, Surf and Sunlight.
The deal was funded by a $3.6 billion debt package arranged by BNP Paribas Fortis SA/NV, Deutsche Bank AG and J.P. Morgan Limited. The underlying credit agreement was signed on July 21.
King & Spalding acted for Henkel on the acquisition financing. The cross-border team was led by London and Frankfurt-based finance and restructuring partner Dr. Werner Meier. London partner John Taylor worked on FATCA matters, while New York partner John Sweet and Frankfurt partner Dr. Axel Schilder provided US and German tax advice, respectively. New York partner Cecilia Hong advised on US banking issues.
“Henkel is a long-standing and regular client of mine, stretching back almost a decade to when I first advised the company on a €2.6 billion financing for the acquisition of the adhesives and electronic materials businesses of AkzoNobel in 2007,” Meier said. “I am extremely pleased to have continued this relationship and assisted in such a significant and strategic cross-border investment for the company.”
Tags: King & Spalding LLP | Frankfurt | London