On April 30, 2015, Crown Castle International Corp. (“Crown Castle”) announced that it has entered into a definitive agreement to acquire Quanta Fiber Networks Inc. (“Sunesys”) for approximately $1 billion in cash, subject to certain limited adjustments. Cravath represented Crown Castle in connection with this transaction, which is expected to close by the end of 2015, subject to customary closing conditions. More >>

Reed Smith LLP today announced that Sahra Dalfen has joined the firm’s Corporate Transactional Advisory Group (CTAG) and Jody Saltzman has joined its Real Estate Group. The two have worked together for many years and are joining Reed Smith from Crowell & Moring in New York.

“Sahra brings to Reed Smith strong experience representing companies in complex domestic and cross-border mergers and acquisitions, as well as strategic joint ventures,” said John Martini, Practice Group Leader of CTAG. “We expect that Sahra’s practice will be a welcome complement to our already substantial flow of transactional work to and from Europe and Asia.” More >>

Sidley Austin LLP announced today that Ellen M. Dunn has joined its Insurance practice as a partner in the firm’s New York office. She brings to this role more than 20 years of experience serving clients in the insurance industry in litigation, regulatory investigations and counseling, administrative hearings, and compliance. More >>

Global law firm Shearman & Sterling has strengthened its financial restructuring & insolvency practice with the addition of Joel Moss, who joins the firm as a partner in the New York office.

Mr. Moss comes to Shearman & Sterling from Mayer Brown LLP, where he was a partner. Prior to that, he was in-house counsel at Barclays, where he handled bankruptcy and restructuring matters for the bank in the US for a variety of internal clients, negotiating and reviewing restructuring documentation and documentation for DIP and exit financings, as well as structuring financial transactions to mitigate bankruptcy risk. Mr. Moss assisted the prime services group and other transactional areas of the bank on netting and other bankruptcy issues relating to futures, derivatives and commodities. He also was the lead lawyer in preparing the Barclays US resolution plan (“living will”) required under the Dodd-Frank Act. More >>

Simpson Thacher represented Lexington Partners L.P. (“Lexington Partners”) in the establishment of its eighth fund dedicated to acquiring interests in global private investment funds through negotiated secondary market purchases, Lexington Capital Partners VIII, L.P. (“LCP VIII”). Lexington Partners has announced that the LCP VIII investment program raised $10.1 billion of total commitments. More >>

Boies, Schiller & Flexner has added highly experienced corporate attorney Dev R. Sen as a partner in its Corporate Group in New York. Mr. Sen’s expertise in the area of corporate finance will complement the firm’s existing mergers and acquisitions and private equity practice. More >>