Benesch Continues to Grow Litigation Practice in Chicago and Cleveland

Benesch continues to bolster its complex business litigation practice, including the defense of class actions, energy related litigation, and litigating intellectual property disputes, with the additions of David Almeida, Manish Mehta, Mark Eisen, Nick Larry and Mark Norris. The addition of these five attorneys is another step in the firm’s strategy to focus its litigation practice on sophisticated matters for large institutional clients, and brings Benesch’s total number of new litigators to 38 in the past two years, which nearly doubles the size of its Litigation Practice Group to 81 attorneys. More >>

Tags:  Benesch, Friedlander, Coplan & Aronoff, LLP | Chicago | Cleveland

Patent and IP Prosecutor Joins BakerHostetler

BakerHostetler’s Intellectual Property Group has added patent and intellectual property Partner Shannon McCue, who will be resident in the firm’s Cleveland office as a member of the Mechanical, Electrical, and Computer Science Prosecution team. McCue joins from Hahn Loeser & Parks LLP, where he served as a member of the IP Leadership Council. More >>

Tags:  Baker & Hostetler LLP | Cleveland

Littler’s Cleveland Office Lands Two New Shareholders

Littler, the world’s largest employment and labor law practice representing management, continues to attract top talent with the addition of Shareholders Patricia Krewson and Ryan Morley. Krewson and Morley, formerly with Jackson Lewis, will join the firm’s growing Cleveland office. The duo follows lateral shareholder groups that joined the firm earlier this year in Atlanta and Portland, Maine.

“Trish and Ryan offer a powerful combination of cross-industry knowledge and litigation and arbitration experience. We are fortunate to have them as part of the Littler team in Cleveland,” said Bradley Sherman, Cleveland’s office managing shareholder. “Their deep connections to the local business community and stellar reputations in the industry will certainly enhance our presence in Cleveland and beyond.” More >>

Tags:  Littler Mendelson P.C. | Cleveland

Procter & Gamble sells Duracell to Berkshire Hathaway for $2.9 billion

Jones Day is advising The Procter & Gamble Company (“P&G”) in the sale of its Duracell personal power business to Berkshire Hathaway Inc. for $2.9 billion. Following the sale of P&G’s interest in its Nanfu joint venture, which operated P&G’s battery business in China, P&G entered into a Transaction Agreement on November 13, 2014 with Berkshire Hathaway Inc. and certain of its affiliates under which P&G will transfer its Duracell business to Berkshire Hathaway in a private split-off transaction. In this unusual tax-free structure (sometimes referred to as a “cash rich private split”), P&G will convey its Duracell business (which will be infused with $1.8 billion in additional cash) to a newly formed subsidiary (SplitCo) and will exchange its shares in SplitCo for approximately $4.7 billion of outstanding P&G shares currently held by the Berkshire Hathaway group. The transaction is expected to close in the second half of calendar year 2015. More >>

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