Foley Hoag Opens New York City Office, Expanding Leading Intellectual Property and International Litigation and Arbitration Practices

Foley Hoag LLP today announced the opening of an office in New York City and the hiring of three new partners. The firm now has offices in Boston, Washington D.C., Paris and New York.

The three partners starting Foley Hoag’s New York office are: Peter Sullivan, Walter Egbert III and Daniel Schimmel. Under their leadership, the office will initially focus on intellectual property and international law and arbitration, two areas of strength for the firm. The firm expects that its New York office will expand over time into other practice areas where the firm excels. More >>

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Esteemed Restructuring and Bankruptcy Lawyer Richard Levin Joins Jenner & Block as New York Partner

Jenner & Block LLP is pleased to announce that internationally renowned restructuring and bankruptcy lawyer Richard Levin – an author of the 1978 US Bankruptcy Code and recipient of the 2015 Distinguished Service Award from the American College of Bankruptcy – is joining the firm as a partner in its New York office and becoming a member of its nationally recognized Bankruptcy, Workout and Corporate Reorganization Practice, effective May 18, 2015. More >>

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Kirkland Represents Landmark Partners in Formation and Fundraising of Landmark Real Estate Partners VII

Kirkland represented Landmark Partners in the formation and fundraising of Landmark Real Estate Partners VII, which held its final closing on April 28, 2015. With Kirkland’s assistance, the fund was oversubscribed and reached its hard cap of $1.6 billion in commitments. Investors in Fund VII include U.S. public pension plans, non-U.S. pension funds, foundations, private banks and high-net-worth individuals. Fund VII focuses on making real estate secondary investments for which Kirkland is routinely engaged as counsel More >>

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Davis Polk – Quicken Loans Inc. $1.25 Billion 5.750% Senior Notes Offering

Davis Polk advised Credit Suisse Securities (USA) LLC, as representative of the initial purchasers, in connection with a Rule 144A/Regulation S offering by Quicken Loans Inc. (“Quicken Loans”) of $1.25 billion aggregate principal amount of its 5.750% senior notes due 2025. Proceeds of the offering will be used to pay a distribution to Quicken Loan’s shareholder and for general corporate purposes More >>

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Simpson Thacher Represents Underwriters in Telefonica Brasil’s US$5.5 Billion Equity Offering

The São Paulo office of the Firm recently represented the underwriters, led by Itau BBA USA Securities, Inc., Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Santander Investment Securities Inc., in connection with the global offering of preferred shares of Telefonica Brasil, including preferred shares in the form of ADSs More >>

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Davis Polk – Springleaf Holdings, Inc. $1.435 Billion Common Stock Offering

Davis Polk advised the underwriters in connection with the SEC-registered offering of 27,864,525 shares of common stock of Springleaf Holdings, Inc., of which 19,417,476 shares were issued and sold by the Company and 8,447,049 shares were sold by Springleaf Financial Holdings, LLC on behalf of an affiliate of American International Group. The aggregate gross proceeds of the offering were approximately $1.435 billion. The underwriters have a 30-day option to purchase up to an additional 4,179,678 shares of Springleaf Holdings, Inc.’s common stock from Springleaf Financial Holdings, LLC. The common stock is listed on the New York Stock Exchange under the symbol “LEAF.” More >>

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Simpson Thacher Represents Underwriters in US$5.5 billion equity offering of Telefonica Brasil

The São Paulo office of the Firm recently represented the underwriters, led by Itau BBA USA Securities, Inc., Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Santander Investment Securities Inc., in connection with the global offering of preferred shares of Telefonica Brasil, including preferred shares in the form of ADSs. The ADSs are listed on the New York Stock Exchange, and the preferred shares are listed in Brazil on the BM&FBOVESPA stock exchange. The global offering raised net proceeds of approximately US$5.5 billion, which Telefonica Brasil intends to use to the fund the cash portion of the previously announced €7.2 billion acquisition of Brazilian telecommunication company GVT, repay certain GVT indebtedness following completion of the acquisition and improve its own liquidity. More >>

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Shearman & Sterling Advises on Guacolda’s Senior Notes Offering and Syndicated Loan Facility

Shearman & Sterling represented Empresa Eléctrica Guacolda S.A., a Chilean joint venture between AES Gener S.A. and Global Infrastructure Partners, in connection with its Rule 144A/Regulation S offering of US$500 million aggregate principal amount of its 4.560% Senior Notes due 2025 and its US$330 million five-year unsecured syndicated loan facility with various financial institutions. Guacolda is engaged in the generation, transmission and supply of electricity in Chile. More >>

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Davis Polk Advises Ford Motor Company on Its $13.4 Billion Amended and Restated Revolving Credit Facility

Davis Polk advised Ford Motor Company in connection with the April 30, 2015, amendment and restatement of its existing revolving credit facility. As a result of the amendment and restatement, the maturity of the existing revolving commitments was extended from April 30, 2017 and April 30, 2019, to April 30, 2018 and April 30, 2020, respectively, and additional commitments, maturing either April 30, 2018 or April 30, 2020, were provided, for an aggregate total of such revolving commitments of approximately $13.4 billion. Other amendments to the existing revolving credit facility provide for two new sub-facilities, one denominated in Brazilian real and one in Chinese renminbi. More >>

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