John J. Driscoll Joins TKD as a Partner

Tarter Krinsky & Drogin LLP is pleased to announce that John J. Driscoll has joined the firm as a Partner in the Corporate, International and Intellectual Property Practice Groups at Tarter Krinsky and Drogin LLP.

More >>

Tags:  New York

Cravath – Credit Suisse’s Arrangement of Financing for Acquisition of DuPont Performance Coatings

On August 30, 2012, E. I. du Pont de Nemours and Company entered into a definitive agreement pursuant to which an affiliate of Carlyle Group LP will acquire its performance coatings unit for approximately $4.9 billion. Cravath represented Credit Suisse as a joint lead arranger of committed financing in connection with this transaction.

More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Simpson Thacher Represents Underwriters in $1.55 Billion Initial Public Offering by BlackRock Municipal Target Term Trust

Simpson Thacher recently represented the underwriters, led by UBS Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC and Ameriprise Financial Services, Inc. in connection with an initial public offering of common shares of beneficial interest of BlackRock Municipal Target Term Trust (the “Trust”). The offering raised approximately $1.55 billion or approximately $1.78 billion if the underwriters exercise their overallotment option in full.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Walter Investment Management in its Acquisition of Reverse Mortgage Solutions

The Firm is representing Walter Investment Management Corp. (NYSE: WAC) (“Walter Investment”) in connection with its definitive agreement to purchase Reverse Mortgage Solutions, Inc. (“RMS”) in a transaction valued at $120 million. The consideration to be paid by Walter Investment is expected to consist of $60 million in cash, Walter Investment common stock valued at $25 million and $35 million aggregate principal amount of MSR notes of a subsidiary of Walter Investment. The transaction is subject to receipt of governmental approvals, third-party consents and other customary closing conditions. The transaction is expected to close in the fourth quarter of 2012.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Jenner & 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.

More >>

Tags:  Jenner & Block, LLP | New York

Herbert 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.

More >>

Tags:  Herbert Smith Freehills Kramer LLP | New York

Davis 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.

More >>

Tags:  Davis Polk & Wardwell LLP | New York