BuckleySandler LLP, a leading financial services and criminal & civil enforcement defense law firm, announced today the opening of its first international office, located in London. James T. Parkinson has relocated from the firm’s Washington, DC office to be its London partner-in-residence, enabling the firm to better assist its clients with their global regulatory, litigation, enforcement, financial crimes, FCPA, digital commerce, privacy/data security and anti-money laundering needs.
Tags: Buckley LLPDLA Piper represents Clarion Partners in sale of Mexican joint venture
DLA Piper represented Clarion Partners, LLC in the sale of its 50% interest in a commercial real estate joint venture to partner Frisa, a Mexican real estate investment group. Clarion is a New York-based real estate investment manager with more than US$30 billion in total assets under management.
The joint venture portfolio included nine Class A shopping centers totaling 3.17 million square feet, and is valued at approximately US$600 million. The transaction closed in July.
Tags: DLA Piper | Mexico CityCohen & Grigsby Counsels Bayer HealthCare on Sale of Interventional Device Business
Cohen & Grigsby worked with client Bayer HealthCare to complete the company’s sale of its thrombectomy and atherectomy medical device businesses to Boston Scientific Corporation for $415 million. With this sale, Bayer HealthCare’s Medical Care division can concentrate on innovation and growth in Radiology and Diabetes Care, where the business already has a strong presence.
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Olshan Handles $300 Million Senior Notes Public Offering for Alleghany Corporation
Olshan is representing Alleghany Corporation in its $300 million public offering of 4.900% Senior Notes due September 15, 2044. BMO Capital Markets, Goldman, Sachs & Co., Morgan Stanley and US Bancorp are acting as joint book running managers for the public offering. Kenneth Silverman led the Olshan team that represents Alleghany, which included: Corporate: Yehuda Markovits, Kenneth Mantel and Marisa Lusthaus and Tax: Mark Limardo and Eric Homsi.
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Simpson Thacher Represents Blackstone Energy Partners in JV to Lead Initial $500 Million Investment in Siccar Point Energy
Simpson Thacher represented Blackstone Energy Partners and its affiliates in a joint venture partnership with affiliates of Blue Water Energy to lead an initial investment of up to $500 million in Siccar Point Energy Limited, a new exploration, development and production company focused on the North Sea.
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Kirkland & Ellis Represents Thoma Bravo in $2.5B Compuware Acquisition
Kirkland & Ellis LLP advised Thoma Bravo, which today announced that it has entered into a definitive agreement to acquire Compuware Corporation (CPWR), in a transaction valued at approximately $2.5 billion.
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Mayer Brown represents Solvay in its $220M acquisition of Ryton® PPS from Chevron Phillips
Mayer Brown represented international chemical group Solvay in its acquisition of the Ryton® PPS (polyphenylene sulphide) business from US-based petrochemical company Chevron Phillips Chemical Company for $220 million. Ryton® PPS replaces metal parts to make cars lighter and more energy efficient. The transaction expands Solvay’s offering of high-performance polymers.
Tags: Mayer Brown LLPMilbank Represents Dealer Managers in Verizon’s Record-Breaking $13.3B and Novel £694.8M Exchange Offers
Milbank, Tweed, Hadley & McCloy LLP announced that it has represented the dealer managers in a pair of private exchange offers conducted by Verizon Communications Inc., one of which is the largest debt exchange offer on record. The transactions allow Verizon to take advantage of the current low interest rates and low borrowing costs while also extending and spreading out the maturity of its debt.
Tags: Milbank LLPHerbert Smith Freehills advises on landmark transaction in the Nigerian oil and gas sector
Herbert Smith Freehills has acted as global counsel to a group of 13 lenders providing $450m of reserved-based funding to Oando Energy Resources Inc. (“Oando”). The financing helped secure Oando’s $1.65 billion acquisition of various Nigerian onshore and offshore oil and gas assets from ConocoPhillips, the most notable of these assets being a 20% stake in the OML 60, 61, 62 & 63 assets. Herbert Smith Freehills was also appointed as escrow agent to conclude the acquisition between Oando and ConocoPhillips.
Tags: Herbert Smith Freehills LLPJackson Lewis Adds Shareholder Christopher Johnson in Milwaukee
Jackson Lewis P.C., one of the largest workplace law firms in the world representing management, is pleased to announce Christopher J. Johnson has joined the firm’s Milwaukee office as Shareholder. Mr. Johnson, who joins the firm from Beck, Chaet, Bamberger & Polsky, S.C., brings with him over two decades of experience in employment and labor law.
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