Herbert Smith Freehills LLP is delighted to announce the recruitment of Scott S. Balber to its leading dispute resolution practice. Scott joins Herbert Smith Freehills as a partner in New York, where he will become the firm’s Head of Investigations and Financial Services Litigation for the US and establish the firm’s US corporate crime and investigation practice.

More >>

On October 1, 2013, IBM announced a definitive agreement to acquire The Now Factory, a privately held, Dublin, Ireland‑based provider of analytics software that helps communications service providers deliver better customer experiences. Cravath represented IBM in connection with this transaction, which is subject to customary closing conditions and is expected to be completed in the fourth quarter of 2013. Financial terms were not disclosed.

More >>

Reed Smith LLP today announced that Global Managing Partner Gregory B. Jordan is leaving the firm to join The PNC Financial Services Group, Inc. (NYSE: PNC). Alexander “Sandy” Thomas, formerly Global Chair Litigation at Reed Smith, will succeed Mr. Jordan as the firm’s Global Managing Partner.

More >>

Sills Cummis & Gross P.C. is pleased to announce that Charles H. Kaplan has joined the Firm as a Member of the Employment and Labor Practice Group in the Firm’s New York office.

More >>

Gibson, Dunn & Crutcher LLP is pleased to announce that real estate lawyer Steven Klein has joined the firm’s New York office as a partner.  Klein was previously a partner at Willkie Farr & Gallagher.

More >>

Shearman & Sterling advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC and J.P. Morgan Securities LLC as joint lead arrangers and joint bookrunning managers in connection with a $5 billion term loan related to Amgen Inc.’s $10.5 billion purchase of Onyx Pharmaceuticals Inc. Concurrently, the firm also represented Bank of America, N.A. in connection with a $3.1 billion sale and repurchase agreement financing transaction related to the acquisition.

More >>

Arnold & Porter LLP announced today that Virginia Murphy has joined the firm’s Business Litigation practice in its New York office as counsel. Ms. Murphy hails from a corporate background that includes providing legal and policy direction to global companies and other organizations on compliance and regulatory issues in the United States and Europe.

More >>

The Firm recently represented Peabody Energy Corporation (Peabody) in a new senior secured credit facility led by Citigroup Global Markets, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas Securities Corp., Credit Agricole Corporate and Investment Bank, HSBC Securities (USA) Inc., Morgan Stanley Senior Funding, Inc., PNC Capital Markets LLC and RBS Securities Inc.  The new facility includes a $1.65 billion revolver and a $1.2 billion term loan and replaced Peabody’s existing credit facilities.

More >>

The Firm represented Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBS Securities Inc., Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc., Wells Fargo Securities, LLC and other underwriters in connection with a $1.75 billion offering of debt securities by Wal-Mart Stores, Inc.

More >>

The Firm represented Barclays, BMO Capital Markets, Credit Suisse, CIBC, RBC Capital Markets, Morgan Stanley, HSBC Securities, J.P. Morgan and TD Securities as initial purchasers in connection with a 144A/Regulation S offering by MEG Energy Corp. (“MEG”) of $800 million of 7.0% Senior Notes due 2024.  MEG intends to use the net proceeds from the offering for general corporate purposes, including funding its 2014 capital program.

More >>