Debevoise & Plimpton LLP is providing insurance M&A counsel to EXOR S.p.A. (“EXOR”) in its acquisition of all of the outstanding common shares of PartnerRe Ltd. (“PartnerRe”) for approximately $6.9 billion. More >>
Tags: Debevoise & Plimpton LLP | New York
The New York office of global law firm K&L Gates LLP has added Bruce MacLennan as a partner in the investment management, hedge funds and alternative investments practice. He joins K&L Gates from Holland & Knight LLP. More >>
Tags: K&L Gates LLP | New York
The Firm is representing Apax Partners, a major shareholder in King Digital Entertainment plc (NYSE: KING), in connection with Activision Blizzard, Inc.’s (NASDAQ: ATVI) acquisition of all outstanding shares of King Digital for $18 in cash per share, for a total equity value of $5.9 billion. It has been reported that Apax Partners will make a return of 93 times its investment. The transaction is subject to approval by King Digital’s shareholders and the Irish High Court, clearances by the relevant antitrust authorities and other customary closing conditions, and is expected to be completed by spring 2016. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkDebevoise & Plimpton LLP is advising Activision Blizzard, Inc. in its acquisition of King Digital Entertainment plc for $18.00 in cash per share, for a total equity value of $5.9 billion. The acquisition is subject to approval by King’s shareholders and the Irish High Court, clearances by the relevant antitrust authorities and other customary closing conditions. It is likely to be completed in the Spring of 2016. More >>
Tags: Debevoise & Plimpton LLP | New York
Ashurst announces that partners Scott Pierpont and Lee Ann Anderson have joined the firm’s market leading structured finance team, based in New York and Washington DC, respectively. In a separate move, Eric Bothwell has been appointed partner in New York and Cameron Saylor has been appointed partner in the London office.
Scott joins from Jones Day and has extensive experience in structured finance, with a particular emphasis on CLOs and credit funds. He advises leading banks, asset managers, funds, investors and sponsors on international and domestic financial transactions. Scott is joined by Mitch Naumoff, also from Jones Day, who joins as counsel in Washington DC. Mitch has extensive experience in CLOs, structured finance and derivatives.
Lee Ann joins from Sullivan & Cromwell and has considerable experience in public and private securities offerings and derivatives transactions, with a focus on structured note and structured CD programmes. Lee Ann also has in-depth expertise in structured finance and fixed income products transactions.
Eric was the former head of Goldman Sachs’ CLO team and has been a CLO and funds practitioner for over 20 years in various capacities. As a part of the CLO market almost from its inception, Eric also spent time at a structured products focused hedge fund where he ran a team of portfolio managers and analysts focused on managing leveraged loans in both CLO and hedge fund formats.
Cameron has extensive experience across the securitisation market and has a particular focus on CLOs. He advises arrangers and collateral managers on both European and US transactions.
Head of the US, William Gray, said:
“These partners are a very strong addition to our US and London offices and the global practice. They all have exceptional credentials and will play a critical role in driving forward our ambitions for both Ashurst and our clients.”
Michael Logie, Head of Ashurst’s Securities and Derivatives Group, said:
“This move reflects our commitment to grow our market-leading CLO and structured products practices. In addition, these partners have broad skill sets, which will complement and further enhance our offering across other areas of structured finance and securitisation, as well as US debt capital markets and regulatory matters.”
Tags: Ashurst | London | New York
Seyfarth Shaw LLP announced today the arrival of partner Eric Simonson to the firm’s Corporate department in New York. Simonson joins Seyfarth from Blank Rome LLP where he was a corporate partner in their New York office. While there, he was a member of the mergers and acquisitions, securities, and Asia practice services as well as the emerging companies, private equity and venture capital industries, among others. More >>
Tags: Seyfarth Shaw LLP | New York
Linklaters today announced that senior antitrust lawyer, Douglas Tween, has been elected as a partner in its global Competition/Antitrust practice. He will be based in New York and Washington, DC. More >>
Tags: Linklaters LLP | New York
National law firm Wilson Elser, New York’s top-ranked lobbying firm by the Joint Commission on Public Ethics for the last 18 consecutive years, is pleased to announce that Bradley M. Pryba has joined the Albany office as a partner in its Government Affairs practice. More >>
Tags: Wilson Elser Moskowitz Edelman & Dicker LLP | New York
International law firm Greenberg Traurig, LLP continues to grow its Corporate, Energy, and Restructuring practices with the addition of Allan D. Reiss as shareholder in the New York City office. Before joining Greenberg Traurig, Reiss was a partner at Morgan Lewis. More >>
Tags: Greenberg Traurig, LLP | New York
Sidley Austin LLP is pleased to announce that Geoffrey Levin has joined the firm in New York as a partner in Sidley’s Private Equity practice. He concentrates his practice on representing private equity sponsors and their portfolio companies, as well as strategic M&A and governance matters involving corporate clients. More >>
Tags: Sidley Austin LLP | New York