Cahill represented Citigroup, J.P. Morgan, Barclays, Credit Suisse, and Deutsche Bank Securities as joint book-running managers in connection with the Rule 144A offering of $925,000,000 aggregate principal amount of 6.75% Senior Notes due 2023 by Digicel Limited, a leading provider of wireless communications services in the Caribbean region. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. Cahill is also representing Citigroup Global Markets as dealer manager in connection with the concurrent tender offer of any and all of Digicel’s outstanding 8.250% Senior Notes due 2017.

Johnson & Johnson announced a binding offer from Cardinal Health to acquire its Cordis business for an aggregate value of $1.99 billion, consisting of $1.944 billion of cash proceeds from Cardinal Health plus approximately $46 million of retained net receivables. Cravath is representing Johnson & Johnson in connection with this transaction. The acceptance period for the offer will end on May 30, 2015, unless extended. If the offer is accepted, the proposed transaction would be expected to close towards the end of 2015, subject to customary closing conditions and regulatory approvals. More >>

Shearman & Sterling represented Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and RBC Capital Markets, LLC as joint book-running managers and Banco Bradesco BBI S.A., BB Securities Limited, Lloyds Securities Inc., Mizuho Securities USA Inc. and SG Americas Securities, LLC as co-managers in connection with Ford Motor Credit Company LLC’s offering of $500,000,000 aggregate principal amount of its Floating Rate Notes due January 9, 2018, $750,000,000 aggregate principal amount of 2.145% Notes due January 9, 2018 and $750,000,000 aggregate principal amount of 3.219% Notes due January 9, 2022. More >>

Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Jeffrey I.D. Lewis has joined the Firm as a partner in the Intellectual Property Litigation Practice, resident in the New York office. Mr. Lewis concentrates on patent litigation and also handles trademark matters, as well as other intellectual property and general litigation. A trained chemical engineer and registered patent attorney, Mr. Lewis represents both plaintiffs and defendants in a range of technology-related sectors but focuses primarily on pharmaceuticals, chemicals, biotechnology and life sciences; he has represented pharmaceutical innovators in numerous Abbreviated New Drug Application (ANDA) patent litigations. More >>

Global law firm Proskauer advised American Realty Capital Hospitality Trust, Inc. (ARC Hospitality) in connection with the completed acquisition of the Equity Inns Lodging Portfolio from affiliates of the Whitehall Real Estate Funds sponsored by Goldman Sachs for $1.8 billion, exclusive of closing costs. More >>