Davis Polk advised underwriters represented by J.P. Morgan Securities LLC and Wells Fargo Securities, LLC in connection with an offering by Kemper Corporation of $250 million aggregate principal amount of its 4.350% senior notes due 2025. More >>
Tags: New York
Freshfields advising Rexam PLC on £4.3bn offer by Ball Corporation
International law firm Freshfields Bruckhaus Deringer is advising Rexam, the UK-based international aluminium can manufacturer, on the cash and shares offer by US-based Ball Corporation valuing Rexam at £4.3bn. More >>
Tags: Freshfields LLP | London | New York | Washington
Cravath Acts on Indian Lender HDFC’s $1.6B Share Sale
Cravath, Swaine & Moore and Davis Polk & Wardwell have advised on a $1.6 billion share sale by Mumbai-based HDFC Bank Ltd.
HDFC, one of India’s largest lenders, raised $1.3 billion by selling 22 million American depositary receipts in the U.S. and another $324 million in equity shares through a qualified institutional placement in India. The proceeds will be used to “fund growth and bolster reserves,” according to The Wall Street Journal. More >>
Tags: Cravath, Swaine & Moore LLP
Shearman & Sterling Advises on Sprint Corporation’s $1.5 Billion High Yield Notes Offering
Shearman & Sterling represented Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Mitsubishi UFJ Securities (USA), Inc., Mizuho Securities USA Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc. and SMBC Nikko Securities America, Inc., as joint bookrunning managers, and Wells Fargo Securities, LLC, as senior co-manager, and The Williams Capital Group, L.P., as co-manager, in connection with Sprint Corporation’s registered offering of an aggregate principal amount of $1.5 billion of 7.625% Notes due 2025. More >>
Tags: Shearman & Sterling LLP | New York | TorontoFirm Advises Mainstream Renewable Power on $1.9 billion Joint Venture in Africa
International law firm Simmons & Simmons has advised Mainstream Renewable Power (‘Mainstream’) on its $1.9 billion US dollar joint venture in Africa with pan-emerging markets investor Actis.
The joint venture is 40% owned by Mainstream and 60% by Actis. The new platform, Lekela Power, is intended to deliver between 700 and 900 MW of wind and solar projects across the continent by 2018. More >>
Tags: Africa
Troutman Sanders Announces New San Francisco Office
Troutman Sanders LLP announced today plans to open an office in San Francisco, the firm’s fourth office on the West Coast since it first expanded into California in 2009. The office will officially open on April 1 in the Financial District at 580 California Street, where the firm has leased the entire eleventh floor.
“Our office in San Francisco will support our successful growth on the West Coast, and it will expand the robust work that we are already performing there for clients in our core practices of energy, finance, insurance, and intellectual property,” said Robert W. Webb, Jr., Chairman of Troutman Sanders. “In addition, as the United States business gateway to China, San Francisco will provide a unique and valuable link to our thriving offices in Beijing, Shanghai and Hong Kong to support and enhance the rapid growth of inbound and outbound work for our clients between our U.S. and China offices.” More >>
Tags: Troutman Pepper Hamilton Sanders LLP | San Francisco
Venable Adds Experienced International Corporate Partners Philip von Mehren and Michele Maney to New York Office
Further adding to its growing corporate transactional practice in New York, Venable LLP announced that it added two top M&A attorneys, Philip T. von Mehren and Michele Maney. They join as partners in the firm’s New York office where Mr. von Mehren will co-chair the New York Corporate Group.
Mr. von Mehren and Ms. Maney join from Baker & McKenzie, where they were also partners. Earlier this month, Venable added cross-border transactional attorney Peter R. Sternberg as a partner in its New York office. More >>
Tags: Venable LLP | New York
Gordon & Rees Adds Two Partners to Connecticut Office
John J. Robinson and Cullen Guilmartin have joined the Connecticut office of Gordon & Rees LLP as partners and members of the firm’s Environmental and Toxic Tort Group, as well as its Products Liability and Insurance practices. Both were formerly with the Hartford office of McCarter & English, LLP. More >>
Tags: Gordon Rees Scully Mansukhani, LLP | Hartford
Littler Adds Richard M. Wallace to its West Virginia Office
Following a series of recent lateral hires, Littler, the world’s largest employment and labor law practice representing management, has added Richard (Rick) M. Wallace as the newest member of its attorney ranks. Wallace joins the firm’s Morgantown, WV office as a shareholder and brings extensive labor and employment experience. Prior to joining Littler, he practiced in the Charleston, WV office of Spilman Thomas & Battle. More >>
Tags: Littler Mendelson P.C. | Morgantown
Shook Enters Chicago, Combines with Litigation Boutique Grippo & Elden
The attorneys and staff from Chicago complex commercial litigation boutique Grippo & Elden LLC will join Shook, Hardy & Bacon L.L.P., a nationally recognized, litigation-focused law firm, effective March 1, 2015.
Chicago is the fourth new city for Shook over the past three years: previous additions include Philadelphia (August 2012), Seattle (December 2013), and Denver (June 2014). Shook now has 13 office locations, two in Europe and 11 in the U.S.
Founded in Chicago in 1988, Grippo & Elden boasts significant business and commercial litigation experience, including antitrust, breach of contract, class actions, insurance coverage, employment and labor, fraud and fiduciary breach, intellectual property, internet and technology, post-closing disputes, and private equity. The firm has been widely recognized for excellence by Chambers USA and Best Law Firms/Best Lawyers®. Firm attorneys have earned membership in several prestigious, invitation-only organizations, including the American College of Trial Lawyers and Litigation Counsel of America. More >>
Tags: Shook, Hardy & Bacon LLP | Chicago