International law firm McDermott Will & Emery LLP today announced that it successfully represented H.I.G. Growth Partners and its newly formed portfolio company, Community Intervention Services, Inc, (CIS), in the acquisition by CIS of Massachusetts-based South Bay Mental Health Center, Inc. The McDermott team also advised on the financing of the deal, which included both senior secured term and revolving credit facilities from multiple sources.
Tags: McDermott Will & Emery LLP Latham & Watkins Advises Watson Pharmaceuticals in EUR4.25 Billion Acquisition of Actavis Group
Watson Pharmaceuticals, Inc. and Actavis Group have jointly announced that Watson has entered into a definitive agreement to acquire privately held Actavis for an upfront payment of EUR4.25 billion. Actavis has operations in more than 40 countries and presently has a portfolio which includes more than 1,000 medicines present on the market and registered in more than 70 countries. As a result of the transaction, Watson will become the third largest global generics company, with 2012 anticipated pro forma revenue of approximately US$8 billion. The acquisition will be subject to customary conditions in and outside of the United States, and Watson anticipates closing the transaction in the fourth quarter of 2012.
Tags: Latham & Watkins LLP Gilbert + Tobin Advises Financiers on $800m Iluka Resources Deal
Gilbert + Tobin has advised a number of domestic and foreign financial institutions on a series of five year bilateral revolving credit facilities for Iluka Resources (“Iluka”) totalling $800 million.
Tags: Gilbert, LLP Covington Advises Armani on New Franchise Agreement
Covington & Burling advised Giorgio Armani in a deal to terminate its existing joint venture and store lease arrangement in India with DLF Retail Brands. As a result of the termination, Armani will enter into a new franchise arrangement with Genesis Luxury Fashion Pvt. Ltd.
Tags: Covington & Burling LLP BLP’s Finance Department Recruits Ninth Lateral since January 2012 – Claire Watson Joins Real Estate Finance Team
International law firm Berwin Leighton Paisner (BLP) today announced that it has hired real estate finance expert Claire Watson, ranked as a leading individual by both Legal 500 and Chambers, to join its real estate finance practice.
Tags: Berwin Leighton Paisner LLP DC Office of Allen & Overy Hires Veteran Attorney
A recently opened law office in the nation’s capital established a Washington legal job for a veteran attorney in the District.
Tags: Allen & Overy LLP Mayer Brown Enhances Insurance Finance Group with Addition of Partner Richard Spitzer in New York
Mayer Brown, a leading global law firm, announced today that Richard B. (Ricky) Spitzer has joined the firm in New York as a partner in the Insurance Finance Group and the Banking & Finance practice. Previously, he was a partner in the corporate finance practice at Dewey & LeBoeuf.
Tags: Mayer Brown LLP | New York Mayer Brown Names Stephen Rooney a Co-leader of Insurance Finance Group and Banking & Finance Partner
Mayer Brown, a leading global law firm, announced that Stephen G. Rooney has joined the firm in New York as a partner and co-leader of the Insurance Finance Group. He also is a member of the firm’s Banking & Finance practice. For more than 20 years, he was a partner at Dewey & LeBoeuf in their corporate insurance practice and served as the global chair of the firm’s Structured Finance Practice Group.
Tags: Mayer Brown LLP | New York Mayer Brown Brings on New Attorney to Houston Law Office Tax Controversy Practice
International law firm Mayer Brown has added a new attorney to its Houston office.
Tags: Mayer Brown LLP | Houston Paul Hastings Announces Opening of Houston Office and Addition of Leading Energy-Focused Transactional Partners
Paul Hastings LLP, a leading global law firm, announced today the opening of an office in Houston, Texas and the addition of three leading energy- focused transactional partners. The new lawyers all have prominent practices in the energy industry, which will advance the firm’s goal to build a leading energy practice. The launch of the office in Houston follows the recent announcement that the firm was the first U.S. law firm to submit preliminary applications to establish an office in South Korea.
Tags: Paul Hastings, LLP | Houston