Steptoe & Johnson LLP is further expanding its Chicago office and toxic tort litigation practice with the addition of Bob Shuftan, Tony Hopp, and Jeremy Goldkind. All three join as partners and follow the arrivals of their former colleagues Michael Dockterman, Cal Burnton, John Frey, and Derek Smith, who also joined Steptoe’s Chicago office as litigation partners in February. More >>
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Shearman & Sterling represented Jaguar Land Rover Automotive plc (“Jaguar Land Rover”) on its offering of $500 million fixed rate high yield bonds due 2020. Jaguar Land Rover Automotive plc, an indirectly-owned subsidiary of Indian-owned Tata Motors Limited (India), bought luxury carmakers Jaguar Land Rover Limited and Land Rover in 2008. More >>
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Kirkland & Ellis LLP represented Madison Dearborn Partners and Ikaria, Inc., a privately held critical care company, which today announced that it has reached a definitive agreement with Mallinckrodt plc under which a subsidiary of Mallinckrodt will acquire Ikaria from a Madison Dearborn-led investor group in a transaction valued at approximately $2.3 billion. Mallinckrodt (NYSE: MNK), is a leading global specialty biopharmaceutical company. Subject to customary closing conditions, the parties expect the transaction to be completed early in the second calendar quarter of 2015. More >>
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Milbank, Tweed, Hadley & McCloy have advised Dublin-based aircraft lessor, AWAS and its owners Terra Firma and Canada Pension Plan Investment Board (“CPPIB”) on an agreement to sell a portfolio of 90 aircraft to Macquarie Group Limited (ASX; MQG; ADR: MQBKY) for a total consideration of US$4 billion. The sale is expected to close within 12 months and is subject to customary closing conditions. More >>
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Goodwin Procter represented investment bank Centerview Partners in connection with AbbVie’s announced $21 billion acquisition of Pharmacyclics, a biopharmaceutical company, and its flagship product Imbruvica ®. Centerview acted as a financial advisor to Pharmacyclics.
According to the terms of the transaction, AbbVie will pay $261.25 per share representing a mix of cash and AbbVie equity. The transaction is subject to customary closing conditions and approvals, and the tender of a majority of outstanding shares of Pharmacyclics’ common stock. The deal is expected to close in the middle of 2015. More >>
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Covington will open a new office in Los Angeles on March 9. The office will be staffed by current firm lawyers and three new senior lawyers and will focus initially on insurance coverage, media and content distribution, patent litigation, public policy/government affairs and white collar defense. More >>
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Armstrong Teasdale LLP announces that Paul Croker has joined the firm as a Litigation partner in the Kansas City office. More >>
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Valero Energy Corporation (NYSE: VLO) entered into a drop-down transaction with Valero Energy Partners LP (NYSE: VLP), pursuant to which VLP acquired membership interests in certain subsidiaries of VLO for total consideration of about $671 million, including approximately $100 million of common and general partner units of VLP. More >>
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Cahill represented Citigroup, J.P. Morgan, Barclays, Credit Suisse, and Deutsche Bank Securities as joint book-running managers in connection with the Rule 144A offering of $925,000,000 aggregate principal amount of 6.75% Senior Notes due 2023 by Digicel Limited, a leading provider of wireless communications services in the Caribbean region. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. Cahill is also representing Citigroup Global Markets as dealer manager in connection with the concurrent tender offer of any and all of Digicel’s outstanding 8.250% Senior Notes due 2017.
Tags: Cahill Gordon & Reindel LLP | New YorkKirkland & Ellis LLP is pleased to announce that Louis R. Hernandez, III, has returned to the Firm’s Chicago office as a partner in the Debt Finance Practice Group. He rejoins Kirkland from the Chicago office of Paul Hastings LLP, where he was a partner.
Mr. Hernandez concentrates his practice on financing transactions including LBO and acquisition financings, mezzanine and subordinated financings, corporate financings (secured and unsecured) and in-court and out-of-court restructuring of various types of credit facilities. More >>
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