Covington advised SandRidge Energy, Inc. on the sale of its non-core tertiary recovery business for $130 million to Morgan Stanley Global Private Equity portfolio company Trinity CO2 Investments. The divested properties are located in West Texas and currently produce approximately 1,100 barrels of oil per day.

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Former U.S. Representative from New York Rick Lazio has been hired to fill a New York legal job with Jones, Walker, Waechter, Poitevent, Carrère & Denègre, according to a press release.

Lazio will spearhead the newly opened New York office as a partner, where tasks that cross his desk might include legal recruitment.

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Rick A. Lazio, former U.S. Representative from New York, has announced that he is joining the law firm of Jones, Walker, Waechter, Poitevent, Carrère & Denègre, L.L.P. (“Jones Walker”) as a partner and will head the firm’s first New York office.

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Cahill is advising Ascend Health Corporation in its acquisition by Universal Health Services, Inc. (UHS) whereby UHS will acquire Ascend for $500 million in cash. Including the assumption of $17 million in Ascend net debt, the total transaction consideration is approximately $517 million.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented Advanced Lighting Technologies, Inc., a designer and manufacturer of commercial lighting products, systems and components, in connection with its offering of $167 million of 10.5% Senior Secured Notes due 2019 privately placed by Cowen and Company and CRT Capital.

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On May 31, Willkie client RG Steel, LLC and affiliates, a $1 billion steelmaking enterprise with primary facilities located in Sparrows Point, MD, Wheeling, WV and Warren, OH, filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware.

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In the latest of a string of recent hires, Kaye Scholer today announced plans to bring on two New York transactional attorneys: Christopher P. Peterson, who will join the Firm as a Corporate Partner effective June 4, and George M. Williams, Jr., who joined as Finance Special Counsel last week. Both were previously partners with Dewey & LeBoeuf.

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Global law firm White & Case LLP is representing NYSE-listed Talbots, a leading specialty retailer and direct marketer of women’s apparel, shoes and accessories, in its pending sale to an affiliate of Sycamore Partners, a private equity firm.

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Paul, Weiss advised Oak Hill Advisors, L.P. in the closing of Oak Hill Credit Partners VI, Limited, a collateralized loan obligation fund managed by our client. The CLO was upsized twice following launch and ultimately issued $673.7 million of notes, making it the largest CLO issuance so far this year. Morgan Stanley & Co. LLC and GreensLedge Capital Markets LLC acted as placement agents.

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Phillips Nizer is pleased to announce that Zdzislaw “Zee” W. Wieckowski has joined the firm’s Corporate & Business Law Department and Securities & Private Placement and International groups as a partner. Mr. Wieckowski practices in domestic and international private equity and venture capital, mergers and acquisitions, public company takeovers and public-to-private transactions, as well as privatizations, restructurings, representing companies, shareholders and creditors.

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