Caplin & Drysdale Continues New York Expansion with the Addition of Former Shell Oil Tax Executive

Caplin & Drysdale announced today that Peter A. Lowy, a nationally-recognized tax controversy practitioner, has joined the firm as a member in its New York office. Before joining the firm, Mr. Lowy was the Global Tax Dispute Resolution Manager for Royal Dutch Shell, with worldwide management responsibilities for Shell’s tax litigation. He has more than a decade of experience handling tax controversies for several of the world’s largest corporations. Mr. Lowy’s private practice will center on advising and defending multinational corporations, foreign businesses, and U.S. taxpayers in tax disputes with U.S. tax authorities.

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Tags:  Caplin & Drysdale | New York

Simpson Thacher Advises on Apple’s Historic $17 Billion Bond Offering

Simpson Thacher represented the underwriters, led by Goldman, Sachs & Co. and Deutsche Bank Securities Inc., in connection with the registered public offering by Apple Inc. of $17 billion aggregate principal amount of notes over six tranches with maturities ranging from three to 30 years. The offering, Apple’s first since 1996, represents the largest corporate offering in history. The net proceeds from the offering will be used for general corporate purposes, including repurchases of common stock and payment of dividends under Apple’s recently expanded program to return capital to shareholders.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Paul Hastings Represents Lead Arrangers in $300 Million Refinancing For ThermaSys Corporation

Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS Securities LLC, RBC Capital Markets and GE Capital Markets, Inc., as joint lead arrangers, in connection with a $300 million refinancing for ThermaSys Corporation, a manufacturer and supplier of engineered copper, brass and aluminum heat exchanger components and assemblies. The financing consists of first lien credit facilities for the purposes of, among other things, refinancing existing indebtedness of ThermaSys Corporation and the payment of a shareholder dividend.

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Tags:  Paul Hastings, LLP | New York