Andrew L. Gaines, a leading employee benefits and executive compensation lawyer, has joined Paul, Weiss as a partner in the New York office.
Tags: Paul, Weiss, Rifkind, Wharton & Garrison LLP | New YorkJenner & Block Advises Power Fuels in Merger with Heckmann Corp.
Jenner & Block is advising privately held PowerFuels in a merger with Heckmann Corporation to create a leading environmental services company focused on energy and industrial end-markets. The Wall Street Journal noted in a September 4 article that the cash-and-stock deal is valued at approximately $381 million. PowerFuels is the largest environmental services company in the Bakken Shale area in North Dakota, a leading unconventional shale oil basin. Heckmann is also an environmental services company, focused on water management, treatment, disposal, and environmental solutions for oily waste products.
Tags: Jenner & Block, LLP | New YorkHerbert Smith and Freehills Announce New York Office Opening and Confirm Further Hires
International law firms and merger partners Herbert Smith LLP and Freehills announced today the official office opening in New York. The office opens for business today, 4 September 2012, and will initially operate as Herbert Smith New York. On 1 October 2012, the official launch date of the new firm Herbert Smith Freehills, it will become part of the Herbert Smith Freehills’ international network.
Tags: Herbert Smith Freehills LLP | New YorkDavis Polk Advises Mailgun on Its Acquisition by Rackspace
Davis Polk advised Mailgun, Inc. on its acquisition by Rackspace Hosting, Inc., which was completed on August 29, 2012. Terms of the transaction were not disclosed.
Tags: Davis Polk & Wardwell | New YorkDavis Polk – Laboratory Corporation of America Holdings $1 Billion Senior Notes Offering
Davis Polk advised Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as underwriters on a public offering by Laboratory Corporation of America Holdings (LabCorp) of $500 million aggregate principal amount of 2.20% senior notes due 2017 and $500 million aggregate principal amount of 3.75% senior notes due 2022.
Tags: Davis Polk & Wardwell | New YorkSimpson Thacher Represents Lightyear Capital in Acquisition of Flagstone RE by Validus Holdings
Simpson Thacher is representing Lightyear Capital in connection with the acquisition of Flagstone Reinsurance Holdings Ltd. by Validus Holdings Ltd. Under the terms of the transaction, Flagstone shareholders will receive 0.1935 Validus voting common shares and $2.00 in cash for each Flagstone share. The transaction represents an aggregate equity value of $623.2 million. Funds associated with Lightyear Capital own 8.5% of the outstanding Flagstone shares and have entered into a voting agreement with Validus to vote in support of the transaction.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents J.P. Morgan and Goldman Sachs as Financial Advisors to Dollar Thrifty in $2.3 Billion Acquisition of Dollar Thrifty by Hertz
The Firm is representing J.P. Morgan and Goldman, Sachs & Co. as financial advisors to Dollar Thrifty Automotive Group, Inc. in its acquisition by Hertz Global Holdings, Inc. in a transaction valued at approximately $2.3 billion.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents JPMorgan Chase in $1.26 Billion Preferred Stock Offering
The Firm represented JPMorgan Chase & Co. in connection with an offering of an aggregate of 50,300,000 depositary shares, each representing a 1/400th interest in a share of JPMorgan Chase & Co.’s 5.50% Non-Cumulative Preferred Stock, Series O. The offering closed on August 27, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkMayer Brown Strengthens Banking & Finance Practice with Arrival of Partner Ann Richardson Knox in New York
Mayer Brown, a leading global law firm, announced today that Ann Richardson Knox has joined the firm in New York as a partner in the Banking & Finance practice.
Tags: Mayer Brown LLP | New YorkDavis Polk Advises Daikin Industries on Its Acquisition of Goodman Global
Davis Polk is advising Daikin Industries, Ltd. in connection with its $3.7 billion acquisition of Goodman Global, Inc. from affiliates of Hellman & Friedman LLC. Closing is subject to, among other conditions, receiving competition law approvals in relevant jurisdictions
Tags: Davis Polk & Wardwell | New York