Reed Smith LLP today announced the addition of Edward H. Shapiro as a partner in the firm’s New York office, joining Reed Smith’s growing Music Industry Practice.

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The Firm represented affiliates of Blackstone Real Estate Partners VII in connection with its $770 million purchase from DEXUS Property Group, an Australian public company, of a portfolio of 68 industrial assets in the United States. The 68 assets are comprised of more than 120 buildings in 10 states, totaling over 16.5 million square feet of rentable area. The transaction is the largest single industrial real estate portfolio sale in the United States in 2012.

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The Firm is representing an affiliate investment fund of Lightyear Capital LLC in its announced acquisition of the Healthcare Benefit Solutions business of FIS™ for $335 million. Benefit Solutions is a leading financial technology company providing benefits administration software as a service, multi-purse debit cards and transaction processing solutions for consumer directed healthcare accounts. The transaction is expected to close by the end of the third quarter of 2012, subject to required regulatory approvals and customary closing conditions.

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Leading international law firm Clifford Chance has advised TAM S.A. on its combination with LAN Airlines to form LATAM Airlines Group S.A. The deal, which closed on June 22, took more than a year-and-a-half to complete and required both Brazilian and Chilean regulatory approvals. The completed transaction results in the largest airline in South America with a fleet of 310 aircraft, and one of the largest airlines in the world by market value.

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For the second time in recent weeks, the law firm of Troutman Sanders LLP has added a high-profile Intellectual Property team to its New York office.

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Covington & Burling advised Ascom Holding AG in its acquisition of GE Healthcare’s nurse call medical device business.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented Controladora Mabe, S.A. de C.V., a Mexican manufacturer and distributor of white line products, in connection with its successful offer to exchange its 6.500% Senior Guaranteed Notes due 2015 (“2015 Notes”) for its 7.875% Senior Guaranteed Notes due 2019 (“2019 Notes”) and the related consent solicitation. The transaction involved the issuance of approximately $130 million in aggregate principal amount of 2019 Notes in exchange for tendered 2015 Notes pursuant to a reopening of the series.

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Setting the table for a new wave of renewable energy and sustainable infrastructure projects in Latin America, law firm Milbank, Tweed, Hadley & McCloy has represented the Inter-American Development Bank in providing a US$200 million revolving credit line to Abengoa S.A. of Spain. The funds are intended to finance development of a host of renewable energy-related projects across Latin America.

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Davis Polk won a significant victory on behalf of CVS Caremark Corporation (CVS) on Monday, June 18, 2012, when Judge Laplante in the District Court of New Hampshire granted CVS and three of its former senior executives’ motion to dismiss a class-action securities fraud suit brought on behalf of shareholders that held CVS stock between October 30, 2008, and November 5, 2009.

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Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of $1 billion aggregate principal amount of 4.5% senior notes due 2022 by Tyson Foods, Inc.

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