Duane Morris is pleased to announce that John H. Goselin II has joined the firm’s Trial Practice Group as a partner in its Atlanta office. Goselin further strengthens Duane Morris’ growing Trial practice, particularly with respect to broker-dealer, securities and other financial services litigation. Goselin joins Duane Morris from Cetera Financial Group, where he was Chief Litigation Counsel.
Tags: Duane Morris LLP
On July 5, 2012, Judge Illston of the Northern District of California denied a motion for preliminary injunction filed by Sequenom, Inc. against Irell & Manella client Ariosa Diagnostics, Inc.
Tags: Irell & Manella LLP | Los Angeles
Simpson Thacher represented JPMorgan as financial advisor to the Board of Directors of Conversus Capital, L.P. in connection with the agreement by HarbourVest Structured Solutions II, L.P., a newly-formed partnership managed by HarbourVest Partners LLC, to acquire 100% of Conversus Capital’s private equity fund interests and direct co-investments for $1.4 billion in cash (except to the extent that Conversus Capital unit holders elect to receive rollover ownership interests in HarbourVest Structured Solutions II) based on account balance date of April 30, 2012. The purchase price is subject to adjustments primarily consisting of net portfolio cash flows subsequent to April 30, 2012. The transaction is subject to customary closing conditions, including receipt of various general partner consents with respect to some of Conversus Capital’s investments.
Tags: Simpson Thacher & Bartlett LLP | New York
King & Spalding is to recruit leading English law property expert Nigel Heilpern to launch a real estate department for its London office as the firm continues to expand its international practice.
Tags: King & Spalding LLP
Intel Corporation announced on 9 July 2012 that it has entered into a series of agreements with ASML Holding N.V. intended to accelerate the development of 450-millimeter (mm) wafer technology and Extreme Ultra Violet (EUV) lithography. The multi-party development program in which Intel participates includes a cash contribution by Intel to fund relevant ASML research and development (R&D) efforts as well as equity investments of Intel up to 15 percent of ASML’s issued shares in aggregate valued at EUR 3.3 billion.
Tags: NautaDutilh
The firm’s Paris office recently advised the sponsors in the 25-year public-private partnership project (HSL – CNM) to design, build, finance, operate and maintain the Nîmes-Montpellier high speed railway bypass link. The PPP contract, which provides for a total investment of about €1.8 billion, was entered into by French public rail infrastructure manager Réseau Ferré de France and OC’VIA, a consortium led by the construction firm Bouygues. The OC’VIA consortium includes Bouygues Construction, Colas Rail, Spie Batignolles, Alstom Transport, Meridiam Infrastructure and FIDEPPP.
Tags: Willkie Farr & Gallagher LLPBae Kim & Lee LLC (“BKL”) advised GS Engineering and Construction Corporation (“GS E&C”) on its acquisition of an approximately 80% stake in OHL Medio Ambiente Inima S.A. (“Inima”) one of the top water treatment companies in the world. The National Pension Service of Korea through a special purpose vehicle acquired the remaining 20% minority stake. The overall purchase price was approximately EUR 231 million (KRW 340 billion) and the acquisition closed on May 31 2012.
Motley Rice LLC today announces that plaintiffs’ attorney Rebecca M. Katz, who has committed more than 20 years to fighting for the rights of clients harmed by corporate malfeasance, has joined the firm as a managing member of its New York office and leader of its expanding SEC whistleblower practice. With a history of helping defrauded investors recover their losses, Katz brings a strong securities work background to the firm’s efforts on behalf of individual and institutional investors.
Tags: Motley Rice LLC | New York
International law firm Berwin Leighton Paisner (BLP) has boosted the capabilities of its funds team with the appointment of Justin Cornelius, who will join the Corporate practice as a partner in London.
Tags: Berwin Leighton Paisner LLP
Edmund W. Searby has been hired by Baker Hostetler to serve as a partner with the law firm’s litigation group in its Cleveland office, according to a press release.
Nationally renowned as a trial attorney, Searby focuses his practice on white collar defense and corporate investigations, as well as securities, antitrust and commercial issues.
Tags: Baker & Hostetler LLP