Davis Polk Advises Treasury on Its $5.8 Billion Offering of AIG Common Stock

Davis Polk advised the United States Department of the Treasury (Treasury) in connection with its offering of approximately 188.5 million shares of common stock of American International Group, Inc. (AIG), which included the full exercise of the underwriters’ over-allotment option, representing proceeds to Treasury of approximately $5.8 billion. AIG agreed to purchase approximately 65.6 million shares in the offering, representing $2 billion of Treasury’s proceeds from the sale.

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Tags:  Davis Polk & Wardwell LLP | New York

Henry J. Ricardo Joins Patterson Belknap as a Partner

The firm is pleased to announce that Henry J. Ricardo has become a partner effective May 10, 2012. Focused on financial services litigation, Mr. Ricardo has represented a broad range of entities, including a financial guaranty insurer, international banks, venture capital funds, securities brokers and financial advisors. He has been active in a number of high-profile matters that arose out of the recent economic crisis.

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Tags:  Patterson Belknap Webb & Tyler LLP | New York

Willkie Advises Selling Shareholders in $588 Million Secondary Offering of Ulta Beauty Common Stock

On May 9, Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta Beauty), the nation’s largest beauty products and services retailer, announced it has priced an underwritten public offering of seven million shares of its common stock held by certain entities associated with Mousse Partners, at a price to the public of $84.00 per share, in a deal valued at $588 million. Willkie represented the selling stockholders, Doublemousse B.V. and Moussetrap. The underwriters have a 30-day option to purchase up to an additional 1,050,000 shares from one of the selling stockholders.

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Tags:  Willkie Farr & Gallagher LLP | New York

Winston & Strawn Adds Significant Group of Dewey & LeBoeuf Partners to its Offices in New York, Chicago, London, Los Angeles and Washington, D.C.

Winston & Strawn LLP announced today it is being joined by 22 litigation partners from Dewey & LeBoeuf, one energy partner, and a number of associates and of counsel. The well-respected group will complement Winston’s rapidly expanding global litigation and transactional footprint.

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Tags:  Winston & Strawn LLP | New York