Arnold & Porter Legal Team Guides PMI Mortgage Insurance Co. in Major Company and Asset Sale

Arnold & Porter LLP client PMI Mortgage Insurance Co. (in receivership) recently entered into definitive agreements with Arch Capital Group Ltd. for its U.S.-based subsidiaries, Arch U.S. MI, to acquire CMG Mortgage Insurance Company from PMI and CMFG Life Insurance Company. The agreements also involve the acquisition of PMI’s mortgage insurance information technology operating platform and related assets from PMI. The value of the consideration for these transactions are estimated to be approximately $300 million. Arch U.S. MI will also enter into a services agreement with PMI to provide for necessary services to administer the run-off of PMI’s legacy business at the direction of PMI. An affiliate of Arch U.S. MI will reinsure the run-off of in-force insurance on current, non-delinquent loans included in the primary mortgage insurance originated by PMI for book years 2009-2011.

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Tags:  Arnold & Porter Kaye Scholer LLP | San Francisco

Cooley Augments Leading Mergers and Acquisitions Practice

Cooley LLP announced today that Jamie Leigh has joined the firm’s Business department as a partner and member of the Mergers & Acquisitions group. Leigh, who will be based in Cooley’s San Francisco office, joins the firm from Latham & Watkins where she was a partner in the firm’s Mergers and Acquisitions and Public Company Representation practices.

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Tags:  Cooley LLP | San Francisco

Donald S. Davidson Joins Winston & Strawn San Francisco

Winston & Strawn LLP today announced Donald S. Davidson will join the firm’s San Francisco office as partner in the litigation practice. Mr. Davidson was formerly a partner at Bingham McCutchen LLP where he practiced securities litigation and handled a wide range of matters for broker-dealers, investment advisers, and investment companies. He is the fourth attorney to join Winston & Strawn’s West Coast offices in just the last month.

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Tags:  Winston & Strawn LLP | San Francisco

Cooley Represents Brocade in $300 Million 4.625 % Senior Notes Offering

Cooley LLP announced today that it represented Brocade Communications Systems, Inc. in its offering of $300 million aggregate principal amount of 4.625% Senior Notes due 2023. The notes are Brocade’s senior, unsecured obligations, and interest on the notes is payable semi-annually in cash at a rate of 4.625% per annum beginning July 15, 2013. The Company will use the proceeds of the financing, together with cash on hand, to redeem all of its outstanding 6.625% senior secured notes due 2018.

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Tags:  Cooley LLP | San Francisco

Nossaman Continues Strategic Growth of Real Estate Practice

Nossaman LLP adds Geoffrey Etnire as a partner in the firm’s Real Estate Practice Group. Mr. Etnire will split his time between the firm’s San Francisco and Washington, DC offices. His move to the firm comes on the heels of the recent additions of real estate partners Tony and Sylvia Arostegui in the Sacramento office and Daniel Katz in the Los Angeles office.

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Greenberg Traurig Expands Its San Francisco Office with the Addition of Prominent White Collar Litigation Attorney Carolyn F. McNiven

The international law firm Greenberg Traurig, LLP announced that Carolyn F. McNiven has joined as a shareholder in the Litigation practice in San Francisco. She focuses her practice on white collar defense matters, representing multi-million dollar public companies, private companies, as well as individuals.

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Tags:  Greenberg Traurig, LLP | San Francisco

Nicole Dogwill Joins Shartsis Friese Litigation Group

Shartsis Friese LLP announced today that Nicole P. Dogwill has joined the firm as a partner in the Litigation Group. Dogwill represents companies in complex and class action litigation involving breach of fiduciary duty, fraud, antitrust, unfair competition/business practices, and related contract and tort claims. She was previously a partner with Winston & Strawn in San Francisco.

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Tags:  Shartsis Friese LLP | San Francisco