Skadden, Arps, Slate, Meagher & Flom LLP announced today that Clifford M. Sloan, Special Envoy for Guantanamo closure, will rejoin the firm’s Washington, D.C. office as a partner in the Litigation Group on January 1, 2015. Mr. Sloan’s practice will focus on complex litigation, intellectual property, appellate and constitutional law issues, as well as global strategy and risk management. More >>
Tags: Skadden, Arps, Slate, Meagher & Flom LLP | Washington
Morgan Lewis has enhanced its practice in Japan with the addition of a 16-person team, including five partners, from Bingham McCutchen. The new team comprised of 10 lawyers and six staff significantly strengthens Morgan Lewis’s cross-border asset management, IP, financial services, and M&A practices in Japan. Together with the firm’s long-standing joint enterprise with TMI Associates, Morgan Lewis and its 29 lawyers and staff resident in Tokyo provide deep and broad capabilities for both in-bound and out-bound legal services in Japan. More >>
Tags: Morgan, Lewis & Bockius LLP | Tokyo
Jackson Walker L.L.P. successfully represented CommZoom Communications, LLC, a San Antonio-based broadband and cable television company, in its raising of $8.4 million in equity from a private offering. More >>
Tags: Jackson Walker, LLP | Dallas | San Antonio
Goodwin Procter attorneys recently advised TA Associates, its portfolio company Fotolia and Fotolia’s CEO and Co-Founder Oleg Tscheltzoff on the announced sale of Fotolia to Adobe for an enterprise value of $800 million. The transaction is expected to close in the first quarter of 2015. TA and Tscheltzoff own Fotolia together with the Company’s largest shareholder, KKR. Financial terms of the transaction were not disclosed. More >>
Tags: Goodwin Procter LLP | BostonDavis Polk advised Ally Financial Inc. (“Ally”) in connection with its $1.3 billion SEC-registered secondary sale of 54,926,296 shares of its common stock by the U.S. Department of the Treasury (U.S. Treasury), as part of the planned exit of its investment in Ally. Goldman, Sachs & Co. and Morgan Stanley & Co. LLC acted as joint book-running managers for the secondary sale. More >>
Tags: New York
Day Pitney announced today that Michael K. Furey has joined the firm’s Parsippany, N.J., office as a partner in the Commercial Litigation department. Furey is a seasoned business litigator and appellate strategist. He joins Day Pitney from Riker, Danzig, Scherer, Hyland and Perretti in Morristown, N.J., where he started his practice out of law school.
“I am very excited to be joining Day Pitney,” said Furey. “Over the course of my career, I have stood across the aisle from them and the firm’s strong reputation is rightfully deserved. I am familiar with its depth of experience in complex commercial litigation, corporate and other commercial areas of practice and I know it will provide the clients I serve with a broad set of skills that they need, as well as a stronger platform for my practice.” More >>
Tags: Day Pitney LLP | Parsippany
Ulmer & Berne LLP announces the addition of seasoned intellectual property attorney Paul M. Ulrich as a partner in the firm’s Intellectual Property (IP) & Technology practice. The practice has grown significantly throughout 2014, adding eight new members since January. Mr. Ulrich joins Ulmer & Berne’s Cincinnati office from Dinsmore & Strohl LLP where he was a partner.
Mr. Ulrich’s engineering background and experience in hands-on operations management for a large utility company enable him to provide immediate value to clients. His practice focuses on patent preparation and prosecution; patent infringement/litigation; market clearance; validity opinions; patentability studies; licensing; IP due diligence for M&A; and client counseling in intellectual property matters. He is experienced in managing large global patent and trademark portfolios and developing innovative intellectual property strategies for his clients. More >>
Tags: Ulmer & Berne, LLP | CincinnatiSimpson Thacher represented the lenders, led by MUFG Union Bank, N.A. and Wells Fargo Bank, National Association, in connection with Chesapeake Energy Corporation’s (NYSE: CHK) five-year, $4 billion senior unsecured revolving credit facility. The new facility replaces the existing $4 billion senior secured revolving credit facility that was scheduled to mature in December 2015. The aggregate commitments may be increased up to an additional $1 billion, and the new credit agreement matures December 15, 2019 with two one-year extension options, which are subject to lender approval and certain customary provisions. More >>
Tags: Houston
King & Spalding advised Sasol Chemicals (USA) LLC in the development of an engineering, procurement and construction management contract with Fluor and Technip for a world-scale petrochemical complex near Lake Charles, Louisiana. King & Spalding also is advising Sasol on a suite of local and international engineering and construction contracts for the project. More >>
Tags: King & Spalding LLP | Houston
Herbert Smith Freehills has advised Moorfield Real Estate Fund (MREF) and Moorfield Real Estate Fund II (MREFII) on its sale of a diversified real estate investment portfolio to Lone Star Real Estate Fund III (LSREFIII) for c.£1 billion.
According to Marc Gilbard, Chief Executive Officer of Moorfield Group (Moorfield), this is the largest transaction that Moorfield has undertaken in its corporate history and is a very effective way for MREF and MREFII to realise the majority of their investments. More >>
Tags: Herbert Smith Freehills LLP | London