Greenberg Traurig Strengthens Tax Practice with Addition of Linda D’Onofrio in New York

International law firm Greenberg Traurig, LLP continues to strengthen its Tax Practice with the addition of Linda L. D’Onofrio as shareholder in the New York office. D’Onofrio joins from Squire Patton Boggs, where she was partner in its New York office.

D’Onofrio focuses her practice on tax law relating to public and project finance, and taxable and tax-exempt financial instruments, including derivative products. D’Onofrio has experience in the tax analysis and structuring of all types of municipal bond transactions (general obligation, single- and multi-family housing, 501(c)(3) organizations, private exempt activities, student loan, and current and advance refundings); all forms of mortgage and asset-backed securities transactions (grantor trusts, CMOs, REITS, REMICs, Strips); bank conversions; public-private partnerships; mergers and acquisitions involving municipal securities; and other financial instruments (hybrid debt, preferred stock, stripped obligations) for scores of issuers, investment banking clients, and other participants to financial transactions. More >>

Tags:  Greenberg Traurig, LLP | New York

HCC Insurance to be Acquired by Tokio Marine for $7.5 Billion

Willkie represents Houston-based HCC Insurance Holdings, Inc., a world leading specialty insurer, in its deal to be acquired by Tokio Marine Holdings, Inc., Japan’s largest insurance group.

On June 10, Tokio Marine Holdings, Inc. and Willkie client HCC Insurance Holdings, Inc., a world leading specialty insurer, announced that they have entered into a definitive merger agreement under which Tokio Marine will acquire HCC for $7.5 billion. Pursuant to the terms of the transaction Tokio Marine will acquire all outstanding shares of HCC for $78.00 in cash per share, through Tokio Marine’s wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. The acquisition, which combines HCC’s specialty expertise with Tokio Marine’s global resources, significantly enhances Tokio Marine’s operations in the United States and internationally. More >>

Tags:  New York

Cadwalader Advises CPPIB in Connection with the Financing of its Acquisition of Antares Capital from GE Capital Corporation for $12 Billion

Cadwalader, Wickersham & Taft LLP, a leading counselor to global financial institutions and corporations, is advising Canada Pension Plan Investment Board (“CPPIB”) in a transaction in which an affiliate of its wholly owned subsidiary, CPPIB Credit Investments Inc., has signed an agreement with GE Capital to acquire 100% of the Company’s U.S. sponsor lending portfolio, Antares Capital, alongside Antares management for a total consideration of $12 billion. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close during the third quarter of 2015. Cadwalader is providing advice in connection with the financing of the transaction. More >>

Tags:  Cadwalader, Wickersham & Taft LLP | New York

3 Acclaimed Labor and Employment Lawyers Join McGuireWoods as Partners in Atlanta, New York

McGuireWoods has added more firepower to its already formidable labor and employment practice as accomplished labor relations lawyers Richard Hankins and Brennan Bolt join the firm as partners in the Atlanta office and Seth Borden joins the firm as a partner in New York.

All three litigators have extensive experience representing management in labor relations matters. They come to McGuireWoods from McKenna, Long & Aldridge, where they were members of the firm’s labor and employment law division. Hankins was head of the division. More >>

Tags:  McGuireWoods LLP | Atlanta | New York

AerCap’s $3.49 Billion Registered Secondary Offering of Ordinary Shares and Concurrent Share Repurchase

Cravath represented AerCap Holdings N.V. in connection with its US$3.49 billion registered secondary offering of ordinary shares. AerCap Holdings N.V. is the world’s largest independent aircraft leasing company. AerCap Holdings N.V. also agreed to repurchase US$750 million of its ordinary shares from the selling shareholder. The shares were listed on the New York Stock Exchange. The transaction closed on June 9, 2015. More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Debevoise Advises Evercore Partners as Financial Advisor to Tokio Marine in its $7.5 Billion Acquisition of HCC Insurance

Debevoise & Plimpton LLP is advising Evercore Partners as financial advisor to Tokio Marine Holdings, Inc. in its acquisition of 100% of the outstanding shares of HCC Insurance Holdings, Inc., a U.S. insurance holding company comprising property & casualty, accident & health and other specialty insurance businesses, through TMHD’s wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. The transaction is valued at $7.5 billion. More >>

Tags:  Debevoise & Plimpton LLP | New York

Simpson Thacher Represents Certain Asset Subsidiaries of American Tower Corporation in $875 Million American Tower Secured Revenue Notes Offering by GTP Acquisition Partners I, LLC

Simpson Thacher represented GTP Acquisition Partners I, LLC (“GTP Acquisition Partners”) and certain other asset entities formerly owned by Global Tower Partners, which American Tower Corporation (“AMT”) acquired in 2013, in the offering of $875 million aggregate principal amount of American Tower Secured Revenue Notes by GTP Acquisition Partners. The Notes were issued in two series, $350 million principal amount of Series 2015-1, Class A Notes having an anticipated maturity of 5 years and $525 million principal amount of Series 2015-2, Class A Notes having an anticipated maturity of 10 years. The proceeds from the offering were primarily used to repay all outstanding amounts under existing notes issued by GTP Acquisition Partners, plus prepayment consideration and other related costs and expenses. Barclays Capital Inc. served as sole structuring advisor and lead bookrunner. The offering closed on May 29, 2015. More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Milbank Represents Initial Purchasers in LATAM Airlines $1.02 Billion EETC Offering

Milbank, Tweed, Hadley & McCloy LLP represented the initial purchasers, led by Citigroup Global Markets Inc., in the $1.02 billion offering of enhanced equipment trust certificates (EETC) backed by 17 aircraft by LATAM Airlines Group S.A. (LATAM). This is the first aircraft-backed EETC in South America and one of only six non-U.S. airlines to issue a modern EETC.

The offering was split between two tranches of $845,213,000 aggregate face amount of 4.200% class A pass through trust certificates and $175,610,000 aggregate face amount of 4.500% class B pass through trust certificates. More >>

Tags:  Milbank LLP | New York

International Corporate Lawyer Gabriel Monzon-Cortarelli Joins Seyfarth in New York

Seyfarth Shaw LLP announced today the arrival of partner Gabriel Monzon-Cortarelli to the firm’s Corporate department in New York. Monzon-Cortarelli joins Seyfarth from Greenberg Traurig LLP where he was a shareholder in the Corporate & Securities practice and headed the firm’s Italian Desk.

Monzon-Cortarelli’s practice is focused on corporate, corporate finance and commercial transactions involving public and privately held US, European and Latin America companies. Specifically, he handles complex cross-border mergers, joint ventures and strategic alliances involving US, European and Latin America businesses. In addition, he advises on international capital market offerings for European and Latin American issuers and underwriters. More >>

Tags:  Seyfarth Shaw LLP | New York

Hilton Worldwide Completes $2.7 Billion Secondary Offering

The Firm represented Hilton Worldwide Holdings Inc. in connection with a $2.7 billion secondary offering by certain selling stockholders affiliated with The Blackstone Group L.P., consisting of 90,000,000 shares of common stock at a public offering price of $29.85 per share. More >>

Tags:  New York