Monthly Archives: July 2012

Duane Morris New York Office Adds Employment and Labor Partners Anthony Rao and Michael Tiliakos

Tuesday, July 17, 2012

Duane Morris is pleased to announce that Anthony Rao and Michael Tiliakos have joined the firm’s Employment, Labor, Benefits and Immigration Practice Group as partners in its New York office. Rao will also practice out of the firm’s San Francisco office. Rao and Tiliakos’ arrival further strengthens Duane Morris’ growing labor and employment practice, as well as its New York office, where the firm recently added a dozen lawyers from the former Dewey & LeBoeuf law firm – including attorneys who focus on employee benefits matters. Rao and Tiliakos join from Rao Tiliakos, a labor and employment boutique they founded in 2008 and which had offices in New York and San Francisco. Prior to that, they practiced at Seyfarth Shaw LLP.

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Tags:  Duane Morris LLP | New York

WilmerHale Represents Thermo Fisher in Acquisition of One Lambda

Tuesday, July 17, 2012

Thermo Fisher Scientific Inc. (TMO), the world leader in serving science, today announced that it has signed a definitive agreement to acquire One Lambda, the leader in transplant diagnostics, for $925 million in cash, subject to a post-closing adjustment. The purchase price includes the cost of a three-year retention program established by One Lambda for the benefit of key employees, amounts payable to certain shareholders for noncompetition agreements, and a one-year earn-out provision based on the achievement of certain financial targets. The transaction, which is expected to be completed in the fourth quarter of 2012, is expected to be immediately accretive upon close and add $0.09 to $0.11 to Thermo Fisher’s 2013 adjusted earnings per share (EPS).

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Tags:  Wilmer Cutler Pickering Hale and Dorr LLP

Maritime and Energy Leader Wylie Spicer Joins Norton Rose Canada

Tuesday, July 17, 2012

Norton Rose Canada announced today that maritime law and energy lawyer Wylie Spicer, Q.C., has joined the firm. Wylie has more than 30 years experience in all aspects of the offshore energy industry and is a recognized authority on Arctic law. He will be based in our Calgary office where he will focus on serving the firm’s energy clients.

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Tags:  Norton Rose Fulbright

Clifford Chance Approved to Open in Republic of Korea

Monday, July 16, 2012

Leading international law firm Clifford Chance is one of the first foreign law firms to obtain approval to open an office in Seoul, Republic of Korea. The country’s Ministry of Justice approved the application today. The firm’s licence to practise is still subject to approval from the Korean Bar Association.

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Tags:  Clifford Chance LLP

Simpson Thacher Represents Underwriters in $600 Million Debt Offering by Cabot Corporation

Monday, July 16, 2012

The Firm represented the underwriters, led by J.P. Morgan Securities LLC and Citigroup Global Markets Inc., as joint book-running managers, in connection with a public offering by Cabot Corporation (“Cabot”) of $600 million of senior debt securities, consisting of $250 million of 2.55% Notes due 2018 and $350 million of 3.70% Notes due 2022.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Baker & McKenzie Advises Cheung Kong (Holdings) on the Issuance of HK$1 Billion Guaranteed Senior Perpetual Securities

Monday, July 16, 2012

Baker & McKenzie recently advised Cheung Kong (Holdings) Limited and its wholly-owned subsidiary, Cheung Kong Bond Securities (02) Limited (“CKBS”) on the issue and offering by CKBS of HK$1 billion 5.25% guaranteed senior perpetual securities, which are denominated in Hong Kong dollars.  The securities are guaranteed by Cheung Kong (Holdings) Limited and are listed on the Main Board of the Hong Kong Stock Exchange.

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Tags:  Baker McKenzie