Complex Commercial Litigation Duo Joins Crowell & Moring, Boosts New York Trial Team

Crowell & Moring LLP has added two prominent litigators to its growing New York office roster. The additions are Litigation Group partners Edwin M. Baum, a seasoned New York litigator whose practice is concentrated on representing sophisticated business clients in multi-faceted commercial litigation from Proskauer Rose LLP, and Alan B. Howard, a proven litigator and trial lawyer with over 25 years experience handling domestic and international litigation and arbitration cases from Dewey & LeBoeuf LLP.

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Tags:  Crowell & Moring LLP | New York

Pillsbury Expands Corporate & Securities Practice in New York

Pillsbury today announced that Peter A. Baumgaertner has joined the firm’s Corporate & Securities practice section as a partner in its New York office. With a broad, international practice spanning capital markets, infrastructure projects, commercial lending and securities, Baumgaertner is a perfect fit within several of Pillsbury’s strategic practice areas, including project finance, energy, capital markets and insolvency. He arrives from Dewey & LeBoeuf LLP and becomes the eighth partner Pillsbury has added in New York this year.

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Tags:  Pillsbury Winthrop Shaw Pittman LLP | New York

Simpson Thacher Represents JPMorgan as Financial Advisor to the Board of Directors of PlainsCapital Corporation in Hilltop Holdings’ Acquisition of PlainsCapital Corporation

The Firm is representing J.P. Morgan Securities LLC as financial advisor to the Board of Directors of PlainsCapital Corporation in connection with Hilltop Holdings Inc.’s acquisition of PlainsCapital Corporation. Hilltop Holdings Inc. intends to finance the transaction with $318 million of cash and 27.5 million shares of Hilltop Holdings Inc. common stock.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Weil Secures Noteworthy Second Circuit Appellate Victory for CBS in Securities Fraud Class Action

In another victory for CBS and certain current and former executives, Weil obtained a significant decision from the US Court of Appeals for the Second Circuit that affirmed the 2011 dismissal of a federal securities fraud class action against our clients. In its May 10, 2012 opinion, the Second Circuit affirmed “for substantially the reasons stated in the district court’s thoughtful and thorough opinions [dismissing the second amended complaint],” and expanded the application of its 2011 decision in Fait v. Regions Fin. Corp. to encompass claims concerning goodwill brought under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (1934 Act).

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Tags:  Weil, Gotshal & Manges, LLP | New York

Davis Polk – IBM $1.5 Billion Notes Offering

Davis Polk advised underwriters represented by Barclays Capital Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and RBS Securities Inc. in connection with a public offering by International Business Machines Corporation of $900 million principal amount of its 0.75% notes due 2015 and $600 million principal amount of its 1.875% notes due 2019.

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Tags:  Davis Polk & Wardwell LLP | New York