Chadbourne & Parke LLP represented the shareholders of TIBA Satellite Services S.A. in the recent sale of the company to Encompass Digital Media.
Tags: New YorkWillkie 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 YorkSimpson Thacher Represents Initial Purchasers in Offering of Senior Notes by NewMarket Corporation
Simpson Thacher represented the initial purchasers led by J.P. Morgan Securities LLC and RBS Securities Inc. in a recent private offering of $350 million aggregate principal amount of 4.100% Senior Notes due 2022 issued by NewMarket Corporation and guaranteed by certain of its subsidiaries.
Tags: Simpson Thacher & Bartlett LLP | New YorkLeading Equity Derivatives and Sales and Trading Lawyer Joins Morgan Lewis
Morgan Lewis announced today that Will Iwaschuk, a leading equity derivatives and equity sales and trading attorney, has joined the firm as a Partner in its Investment Management and Securities Industry practice, resident in the New York office.
Tags: Morgan, Lewis & Bockius LLP | New YorkDavis Polk Advises on Tribune Exit Facility
Davis Polk advised JPMorgan Chase Bank, N.A. as administrative agent and J.P. Morgan Securities LLC as joint lead arranger and bookrunner (JPMorgan) in connection with a $1.1 billion senior secured exit term loan facility for Tribune Company (Tribune) entered into pursuant to Tribune’s chapter 11 plan of reorganization (Plan). Pursuant to intercreditor arrangements with Bank of America, N.A. as administrative agent under a $300 million senior secured exit asset-based revolving credit facility for Tribune, the exit term loan facility is secured on a first priority basis by substantially all assets of Tribune and its subsidiaries (other than accounts receivable and certain related assets (ABL Priority Collateral)) and on a second priority basis by the ABL Priority Collateral.
Tags: Davis Polk & Wardwell LLP | New York