Gordon & Rees Announces Opening of New Boston Office

Gordon & Rees is continuing its national expansion with the opening of its 35th office in Boston, Massachusetts on May 1, 2015. The Boston office will complement the firm’s existing presence in the Northeast and allow it to better serve its many clients with needs in the area.

John Robinson has been named managing partner of the office, and will be joined by partner William Murray and associates Delaney Busch, Glenn Coffin, Kelly Kirby, and Greil Roberts. The Boston office attorneys primarily serve clients in complex products liability, toxic tort, medical device, construction, commercial, and insurance coverage litigation, as well as in other legal sectors. More >>

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Dentons US and McKenna Long to Combine

A merger of Dentons US LLP (“Dentons US”) and McKenna Long & Aldridge LLP (“McKenna Long”) has been approved by the partners of both firms. The news builds on the momentum of the previously announced combination between Dentons and 大成, creating the world’s largest law firm. Clients inside the US will gain unrivaled access to markets around the world, and international clients will enjoy increased strength and reach across the US More >>

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K&L Gates Bolsters Boston Office with Addition of Six Partner Team in Financial Services Litigation, Antitrust Practices

The Boston office of global law firm K&L Gates LLP has added six new partners in the financial services litigation and antitrust practices. Led by Jeffrey S. Patterson and Christopher S. Finnerty, the team arrives at K&L Gates from the Boston office of Nelson Mullins Riley & Scarborough LLP.

Patterson litigates claims on behalf of financial services institutions in matters at both the trial and appellate levels across the United States, also representing clients in the antitrust and intellectual property areas. He led the trial team that obtained the first contributory trademark infringement jury verdict against an SEO for its optimization of a website selling counterfeit products, and was a member of the executive committee at Nelson Mullins.

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Goodwin Represents Centerview Partners in AbbVie’s $21 Billion Acquisition of Pharmacyclics

Goodwin Procter represented investment bank Centerview Partners in connection with AbbVie’s announced $21 billion acquisition of Pharmacyclics, a biopharmaceutical company, and its flagship product Imbruvica ®. Centerview acted as a financial advisor to Pharmacyclics.

According to the terms of the transaction, AbbVie will pay $261.25 per share representing a mix of cash and AbbVie equity. The transaction is subject to customary closing conditions and approvals, and the tender of a majority of outstanding shares of Pharmacyclics’ common stock. The deal is expected to close in the middle of 2015. More >>

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Goodwin Advises Voyager Therapeutics in up to $875 Million Strategic Collaboration with Genzyme

Goodwin Procter advised Voyager Therapeutics on its recently announced major strategic collaboration with Genzyme to discover, develop and commercialize novel gene therapies for severe central nervous system (CNS) disorders. According to the agreement, Genzyme will make an upfront commitment of $100 million to Voyager, including $65 million in cash, a $30 million equity investment in Voyager and additional in-kind contributions. Voyager is eligible to receive future potential development and sales milestone payments of up to $745 million, as well as tiered royalties on product sales. More >>

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Jones Day welcomes prominent life sciences partner in Boston

Maureen Bennett has joined the Boston Office of global law firm Jones Day as a partner in the Health Care and Life Sciences practices.

Previously Co-Chair of Squire Patton Boggs’ Healthcare & Life Sciences Industry Group, Ms. Bennett represents life science and health care entities in a wide range of corporate and commercial transactions, with a particular emphasis on multijurisdictional clinical trials, cross-border transactions, and strategic commercial matters, such as research and development arrangements. More >>

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Ropes & Gray Counsels Pfizer in $17 Billion Acquisition of Hospira

Ropes & Gray advised Pfizer Inc. on its definitive agreement to acquire Hospira, the Lake Forest, Ill.-based leading provider of injectable drugs and infusion technologies and a worldwide leader in biosimilars, for a total value of approximately $17 billion. The deal was announced Feb. 5 and is expected to close in the second half of 2015. More >>

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Staples, Inc. Announces Acquisition of Office Depot, Inc.

Staples, Inc. and Office Depot, Inc. announced today that the companies have entered into a definitive agreement under which Staples will acquire all of the outstanding shares of Office Depot.

Under the terms of the agreement, Office Depot shareholders will receive, for each Office Depot share, $7.25 in cash and 0.2188 of a share in Staples stock at closing. Based on Staples closing share price on February 2, 2015, the last trading day prior to initial media speculation around a possible transaction, the transaction values Office Depot at $11.00 per share. This represents a premium of 44 percent over the closing price of Office Depot shares as of February 2, 2015, and a premium of 65 percent over the 90-day average closing price of Office Depot shares as of February 2, 2015. The transaction values Office Depot at an equity value of $6.3 billion. More >>

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