King & Spalding Advises GE Capital on Financing of Snow Phipps/ LTI Flexible Products Deal

A cross-practice team of lawyers from King & Spalding has successfully advised GE Capital Corporation, as joint lead arranger and administrative agent, on the financing of Snow Phipps Group’s acquisition of LTI Flexible Products, Inc. from Sentinel Capital Partners. Terms of the deal, which was announced July 19, were not disclosed.

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Tags:  King & Spalding LLP | New York

Axinn, Veltrop & Harkrider Assists Syncora Guarantee Inc. In $375 Million Settlement With Bank of America Corp.

Donald W. Hawthorne, a Partner with Axinn, Veltrop & Harkrider LLP (“AVH”), one of the country’s leading antitrust, IP and litigation law firms, represented Syncora Guarantee Inc. in a $375 million settlement with Bank of America Corp. (“BofA”). Syncora also was represented by lawyers at Debevoise & Plimpton.

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Tags:  Axinn, Veltrop & Harkrider LLP | New York

Simpson Thacher Represents Genesee & Wyoming Inc. in Acquisition of RailAmerica, Inc.

The firm is representing Genesee & Wyoming Inc. (NYSE:GWR) in connection with its acquisition of RailAmerica, Inc. (NYSE:RA) for $27.50 per share in cash. The transaction is valued at approximately $1.4 billion, excluding RailAmerica’s outstanding debt. The transaction, which is subject to approval or authorization of the Surface Transportation Board and other customary closing conditions, is expected to close in the fourth quarter of 2012.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Dechert Advises on UK Biotech Acquisition

International law firm Dechert LLP’s cross-border transactional life sciences practice has advised British life sciences company Funxional Therapeutics Ltd (“FXT”) on the sale of its FX125L compound and somatotaxin programme to Boehringer Ingelheim, the leading German pharmaceuticals company. FX125L is intended to be used to treat a broad range of inflammatory diseases.

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Cooley LLP Enters Los Angeles Market with Four Leading LA Partners

Cooley LLP announced today the opening of itsLos Angeles office with the addition of four prominent LA-based partners. The new office, which will be located in Santa Monica – a vibrant hub for technology, media and venture capital in the Greater Los Angeles region – will complement Cooley’s three existing California offices and be seeded from the outset with the firm’s existing relationships with more than 200 clients in the Los Angeles region. Cooley plans to grow the office aggressively and provide full-service business and litigation legal services to clients ranging from startups to Fortune 100 companies. Cooley is committed to capitalizing on its leading position in the tech, digital and social media markets at a time of increasing and dynamic convergence.

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Hunton & Williams – Commercial Real Estate Group Adds Six Partners

Hunton & Williams LLP recently enhanced its national real estate practice with the addition of new partners Carl F. Schwartz and Laurie A. Grasso, as well as real estate finance partners Brett L. Gross, Peter J. Mignone, Donald F. Simone and Mitchell G. Williams. Carl will be chair of the New York real estate group. Their team includes the following senior attorneys and associates: Bethany Adler, Viktoria Garo, Jeff Goland, David A. Kaufman, Jay Mower, Matthew A. Scoville and Brian J. Shortt. With these new arrivals, the firm’s real estate practice has grown to more than 50 lawyers, and more associates are expected in the coming weeks.

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Tags:  Hunton Andrews Kurth LLP | New York