Bracewell is representing Prosperity Bancshares in the $193.9 million acquisition of Oklahoma City-based Coppermark Bancshares. This transaction expands Prosperity outside Texas for the first time.
Tags: Bracewell LLP | Houston
Greenlee Sullivan Attorneys to Join Lathrop & Gage
Greenlee Sullivan P.C.’s attorneys will join Lathrop & Gage LLP on Jan. 1, 2013, the two firms announced today. The combination creates one of Colorado’s largest intellectual property practices and continues Lathrop & Gage’s aggressive national growth in biotechnology and life sciences.
Tags: Lathrop GPM LLP
Milbank Represents Goldman Sachs Bank USA, Barclays Bank PLC, Citigroup Global Markets Inc. and Jefferies Finance LLC in connection with $765 Million Senior Secured Facilities for the Acquisition of CHG Healthcare Services, Inc.
The $765,000,000 senior secured facilities arranged by Goldman Sachs Bank USA, Barclays Bank PLC, Citigroup Global Markets Inc. and Jefferies Finance LLC was funded today. The senior secured facilities included a $475,000,000 senior secured first lien term loan facility, maturing in 2019, a $190,000,000 senior secured second lien term loan facility, maturing in 2020 and a $100,000,000 senior secured revolving credit facility, terminating in 2017, the proceeds of which will be used to finance in part the acquisition of CHG Healthcare Services, Inc. and its subsidiaries by Leonard Green & Partners and Ares Management from JW Childs. Milbank, Tweed, Hadley & McCloy, LLP represented the Joint Lead Arrangers including Goldman Sachs Bank USA, Barclays Bank PLC, Citigroup Global Markets Inc. and Jefferies Finance LLC; Milbank also represented Barclays Bank PLC and Goldman Sachs Bank USA as First and Second Lien Administrative Agents in connection therewith.
Tags: Milbank LLP | New York
Crowell & Moring Gains Prominent False Advertising Litigation Partner Chris Cole
Crowell & Moring LLP is pleased to announce that Christopher A. Cole, former advertising litigation practice chair at Manatt, Phelps & Phillips, LLP, has joined the firm as a partner in the Advertising & Product Risk Management Group in Washington, D.C. Cole will co-chair the group with Crowell & Moring partner Bridget E. Calhoun. With 20 years experience, Cole is a seasoned complex commercial litigator who advises clients on matters relating to advertising and media controversies, unfair competition, and green marketing claims, as well as compliance and risk prevention. In addition, Cole regularly handles the defense of class action litigation as it relates to false advertising and defends clients in federal enforcement proceedings before the Federal Trade Commission (FTC), state attorneys general, and other regulatory bodies.
Tags: Crowell & Moring LLP
Paul Hastings Represents Lead Arrangers in Pharmaceutical Research Associates, Inc. Refinancing
Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS AG, Stamford Branch, as administrative agent, and UBS Securities LLC, Wells Fargo Securities, LLC and GE Capital Markets, Inc., as joint lead arrangers, in connection with the amendment and restatement of the $375 million dollar equivalent first lien credit facilities and the entry into a new $135 million second lien term loan credit facility of Pharmaceutical Research Associates, Inc. for the purposes of, among other things, refinancing existing indebtedness and the payment of a shareholder dividend.
Tags: Paul Hastings, LLP | New York
Shearman & Sterling Advises Singapore Airlines on Sale of Virgin Atlantic Stake to Delta Airlines
Shearman & Sterling is advising Singapore Airlines in the sale of its 49 percent stake in Virgin Atlantic to Delta Airlines. Delta will invest $360 million in Virgin Atlantic, acquiring the 49 percent stake currently held by Singapore Airlines. Virgin Group and Sir Richard Branson will retain the majority 51 percent stake.
Tags: Shearman & Sterling LLP | Singapore
Orrick Advises Gamesa on Simultaneous Sale of Two Wind Power Facilities
Orrick, Herrington & Sutcliffe LLP represented Spanish wind turbine manufacturer Gamesa Energy USA, LLC in the simultaneous $238 million sale of the 200 megawatt Minonk project located in Illinois and the 150 megawatt Senate project located in Texas to Algonquin Power & Utilities and a separate tax equity investment by J.P. Morgan Chase & Co. and Morgan Stanley. The multifaceted transaction also included a complex energy hedging transaction with J.P. Morgan Ventures Energy Corporation for the clean, renewable energy of the projects. The Minonk and Senate projects were part of a three-project portfolio that also included the 50 megawatt Sandy Ridge project located in Pennsylvania which reached financial closing and commercial operation earlier this year.
Tags: Orrick, Herrington & Sutcliffe LLP | New York
Norton Rose Advises on Delta Airlines Proposed US$360 Million Stake in Virgin Atlantic
International legal practice Norton Rose is advising Delta Air Lines, Inc. in relation to the proposed US$360 million acquisition of a 49 per cent stake in Virgin Atlantic from Singapore Airlines.
Tags: Norton Rose Fulbright
Calfee Expands in Cincinnati
Calfee, Halter & Griswold LLP is pleased to announce it is expanding its presence in Ohio, led by partner John Mongelluzzo, who has been joined by partner Matthew Parrish.
Tags: Calfee, Halter & Griswold LLP
Akerman Senterfitt Represents Carrols Restaurant Group in Public Offering
Akerman Senterfitt announced it has represented Carrols Restaurant Group Inc., the largest Burger King franchisee, in an underwritten public offering of 4,085,109 shares of its common stock held by funds managed by Jefferies Capital Partners, a private equity firm, in which Raymond James & Associates Inc. acted as the underwriter.
Tags: Akerman LLP | New York