Zuckerman Spaeder LLP is pleased to announce that the Hon. Barbara S. Jones, a former judge in the U.S. District Court for the Southern District of New York, is joining the firm as a partner in its New York office. Judge Jones brings to Zuckerman Spaeder 17 years of experience on the bench and more than two decades as a federal prosecutor. She will focus her practice on internal investigations, corporate compliance issues, and monitorships, as well as assisting individual and institutional clients to solve their legal problems.
Tags: Zuckerman Spaeder LLP | New YorkBracewell Represents Flagstar Bancorp. in Sale of Large Portion of Northeast Commercial Loan Portfolio
Bracewell & Giuliani LLP represented Flagstar Bancorp, Inc., the holding company for Flagstar Bank, in its announced sale of a substantial portion of its Northeast-based commercial loan portfolio. Flagstar has entered into a Transaction Purchase and Sale Agreement under which a wholly-owned subsidiary of CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc., will acquire this portion of the portfolio. The transaction is effective December 31, 2012.
Tags: Bracewell LLP | New YorkCravath – Unilever’s Sale of Global Skippy Business to Hormel Foods
On January 3, 2013, Unilever announced that it has signed a definitive agreement for the sale of its global Skippy business to Hormel Foods for a total cash consideration of approximately $700 million. Cravath represented Unilever in connection with this transaction.
Tags: Cravath, Swaine & Moore LLP | New YorkChadbourne & Parke Represents Shareholders of TIBA Satellite Services S.A. in Sale to Encompass Digital Media
Willkie Advises Brookfield Asset Management in Acquisition of GGP Warrants From Pershing Square and Other Transactions
On January 3, it was announced that Willkie client Brookfield Asset Management Inc. has informed General Growth Properties, Inc. that affiliates of Brookfield acquired the GGP warrants held by affiliates of Pershing Square Capital Management, L.P. The warrants represent the right to acquire 18,432,855 shares of GGP common stock, par value $0.01 per share. Brookfield has offered the board of directors the ability to acquire (over a 30-day period) the same warrants for the same purchase price of $271,884,611 paid by Brookfield.
Tags: Willkie Farr & Gallagher LLP | New YorkGreenberg Traurig Bolsters its IP Litigation Practice with the Addition of Joshua Raskin
The international law firm Greenberg Traurig, LLP announced that Joshua L. Raskin has joined its New York City officeas a shareholder in the Intellectual Property & Technology Practice where he will focus on patent and trademark litigation.
Tags: Greenberg Traurig LLP | New YorkShearman & Sterling Advises Sony on Joint Venture with InterDigital to Create Convida Wireless
Shearman & Sterling is advising Sony Corporation of America on its planned joint venture with InterDigital, Inc. that will combine Sony’s consumer electronics expertise with InterDigital’s pioneering wireless machine-to-machine (M2M) and bandwidth management research. The joint venture, called Convida Wireless, will focus on driving new research in the growing field of M2M wireless communications and other connectivity areas.
Tags: Shearman & Sterling LLP | New YorkPamela A. Mann Joins CL&M as a Partner
Carter Ledyard is pleased to announce that Pamela A. Mann has joined the firm as partner effective January 1, 2013.
Tags: New YorkSimpson Thacher Represents Team Health Holdings, Inc. and Selling Shareholder in Offering of 8,792,572 Shares of Common Stock
The Firm recently represented Team Health Holdings, Inc. (“TeamHealth”) and Ensemble Parent LLC (an affiliate of The Blackstone Group) in the sale by Ensemble Parent LLC of 8,792,572 shares of TeamHealth common stock (including the exercised underwriter’s option), resulting in gross proceeds of $253,665,702.20. After giving effect to the offering, Ensemble Parent LLC owns approximately 14.2% of TeamHealth’s common stock. Credit Suisse acted as underwriter for the offering.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Accenture in Joint Venture with GE Aviation Systems
The Firm represented Accenture plc in connection with the formation of a joint venture with GE Aviation Systems that will provide airlines and cargo carriers around the world intelligent operations services focused on improving efficiency. The new joint venture, called Taleris, will leverage aircraft performance data, prognostics, recovery and planning optimization solutions that will include assets and capabilities from both Accenture and GE.
Tags: Simpson Thacher & Bartlett LLP | New York