On July 5, 2012, Judge Illston of the Northern District of California denied a motion for preliminary injunction filed by Sequenom, Inc. against Irell & Manella client Ariosa Diagnostics, Inc.
Tags: Irell & Manella, LLP | Los AngelesLatham & Watkins Advises Quest Software in its Acquisition by Dell for $2.4 Billion
Dell and Quest Software announced they have entered into a definitive agreement for Dell to acquire Quest, an award-winning IT management software provider offering a broad selection of solutions that solve the most common and most challenging IT problems. Under terms of the agreement, approved by the boards of directors of both companies, Dell will pay $28.00 per share in cash for each share of Quest for an aggregate purchase price of approximately $2.4 billion, net of Quest’s cash and debt. The transaction is expected to close in Dell’s third fiscal quarter, subject to approval by Quest’s shareholders and customary conditions.
Tags: Latham & Watkins LLP | Los AngelesSimpson Thacher Represents M*Modal in its Sale to One Equity Partners for $1.1 Billion
Simpson Thacher is representing M*Modal Inc. (NASDAQ: MODL) in connection with its announced sale to an affiliate of One Equity Partners for $14.00 per share in an all-cash deal with an enterprise value of approximately $1.1 billion. Bank of America Merrill Lynch and RBC Capital Markets are providing committed debt financing to One Equity Partners. The transaction is structured as a tender offer (followed by a short-form merger) and is expected to close during the third quarter of 2012, pending receipt by the purchaser of sufficient tendered shares to consummate the transaction, regulatory approvals and other customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | Los AngelesPaul Hastings Represents Klune Industries in Sale to Precision Castparts Corp.
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Klune Industries, a leader in the manufacturing of aerostructures components, in its sale to Precision Castparts Corp., a worldwide, diversified manufacturer of complex metal components and products.
Tags: Paul Hastings, LLP | Los AngelesChadbourne Expands Project Finance Practice with the Addition of Two Lateral Partners
The international law firm of Chadbourne & Parke announced today that project finance lawyers Paul J. Kaufman and Evelyn Lim will join the firm as partners on August 1 in the Los Angeles office, bolstering Chadbourne’s West Coast project finance capabilities.
Tags: Los AngelesGreenberg Glusker Brings Brian Davidoff and Bankruptcy, Corporate Group on Board
Greenberg Glusker announced today that bankruptcy attorney Brian L. Davidoff and his practice group will join the Firm, effective July 1, 2012. Davidoff will head the Firm’s Bankruptcy and Financial Restructuring Group. The attorneys moving with Davidoff include C. John M. Melissinos and Claire E. Shin, who also will join Greenberg Glusker’s Bankruptcy and Financial Restructuring Group, and Benjamin M. Alexander, who will join Greenberg Glusker’s Corporate Group. All four have practiced at Davidoff Gold LLP since February 2012, and prior thereto practiced at Rutter Hobbs & Davidoff, where Davidoff was Managing Partner.
Tags: Los AngelesOgletree Deakins Deepens Los Angeles Office, Adds Two Shareholders
Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the nation’s largest labor and employment law firms, welcomes Dawn Collins and Katessa Charles Davis as shareholders to the firm’s Los Angeles office. Collins joins Ogletree Deakins from Jackson Lewis; and Davis from Steptoe & Johnson LLP. Since January, Ogletree Deakins’ Los Angeles office has grown by nearly 20 percent in response to client demand. Nationally, Ogletree Deakins has added shareholders in the firm’s offices in Atlanta, Denver, New Orleans, New York City, and Philadelphia.
Tags: Ogletree Deakins | Los AngelesNossaman – Financial Close Reached on $1.1 Billion Presidio Parkway Project
The California Department of Transportation (“Caltrans”) announced today that, in cooperation with the San Francisco County Transportation Authority, financial close has been reached on the Presidio Parkway Project public-private partnership (“P3”). A Nossaman team, led by Barney Allison, advised Caltrans on the procurement, financing and contracts for the project. The $1.1 billion deal will be the first transportation P3 in California under the recently enacted P3 statute, Streets and Highways Code section 143, and only the third highway project developed through an availability payment structure.
Tags: Nossaman LLP | Los AngelesKatten Adds Premier Team of Restructuring, Finance Attorneys
Katten Muchin Rosenman LLP announced today that the firm has added a national team of premier restructuring, insolvency and finance attorneys to its strong bench of practitioners serving financial institutions. The team consists of Craig Barbarosh, who will be based in Orange County and New York; Bill Freeman, Jan Cate and Brad Wolf, who will join the firm as partners in Los Angeles, opening an additional office in the downtown area; and Karen Dine, who will join as a partner practicing in Katten’s New York office. In addition, Mr. Barbarosh will join Katten’s leadership team and help expand the firm’s relationships with and breadth of professional services for financial institutions and related entities.
Tags: Katten Muchin Rosenman LLP | Los AngelesBeong-Soo Kim Moves from U.S. Attorney’s Office to Jones Day in Los Angeles
The global law firm Jones Day welcomes Beong-Soo Kim as a partner in its Issues & Appeals Practice, resident in its Los Angeles Office.
Tags: Jones Day | Los Angeles