William L. Sturman has joined Covington & Burling’s corporate practice as a partner, strengthening the firm’s private equity fund formation capabilities. He will be resident in Covington’s New York office.
Tags: Covington & Burling LLP | New YorkO’Melveny Represents Progenics Pharmaceuticals in its Acquisition of Molecular Insight Pharmaceuticals
O’Melveny & Myers LLP represented Progenics Pharmaceuticals Inc. (Nasdaq: PGNX) in its acquisition of Molecular Insight Pharmaceuticals, Inc., a clinical-stage specialty pharmaceutical company focused on critical unmet diagnostic and therapeutic needs of the prostate cancer patient.
Tags: O'Melveny & Myers, LLP | New YorkDay Pitney Expands Intellectual Property Practice with Addition of Partner Andrew Riddles
Day Pitney LLP is pleased to announce that prominent IP lawyer Andrew Riddles has joined the firm’s Intellectual Property group as a partner. He will divide his time between the firm’s Stamford and New York offices.
Tags: Day Pitney LLP | New YorkSimpson Thacher Represents Underwriters in Follow on Offerings of Common Stock of Solar Capital Ltd. and Solar Senior Capital Ltd.
The Firm recently represented the underwriters, led by Citigroup Global Markets Inc., in connection with registered public offerings of 6,000,000 shares of common stock of Solar Capital Ltd. (NASDAQ: SLRC) and 2,000,000 shares of common stock of Solar Senior Capital Ltd. (NASDAQ:SUNS). The gross proceeds from the offering to SLRC were $140,910,000 and to SUNS were $37,200,000.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents TPC Group Inc. in Senior Secured Notes Offering
Simpson Thacher represented TPC Group Inc. (“TPC”) in connection with its Rule 144A and Regulation S offering of $100 million aggregate principal amount of additional 8.75% Senior Secured Notes due 2020. The deal closed on January 22, 2013. TPC used the net proceeds from this offering for general corporate purposes, including for certain strategic capital projects.
Tags: Simpson Thacher & Bartlett LLP | New YorkMayer Brown Strengthens Tax Transactions & Consulting Practice in NY with Addition of Mark Leeds as Partner
Mayer Brown, a leading global law firm, announced that noted capital markets tax attorney Mark H. Leeds has joined the firm in New York as a partner in the Tax Transactions & Consulting practice. Previously, he was a shareholder in the New York office of Greenberg Traurig.
Tags: Mayer Brown LLP | New YorkEdwards Wildman Represents AmTrust Financial Services in Acquisition of First Nonprofit Companies
Cravath – Saint-Gobain’s Sale of Its Verallia North America Business to the Ardagh Group
On January 17, 2013, Compagnie de Saint‑Gobain announced that it has agreed to sell its Verallia North America business to the Ardagh Group for an enterprise value of approximately US$1.7 billion. Verallia North America is the second largest glass container manufacturer in the United States. The transaction is subject to regulatory approval. Cravath acted as U.S. counsel to Saint‑Gobain in connection with this transaction.
Tags: Cravath, Swaine & Moore LLP | New YorkSimpson Thacher Represents MerchCap Solutions in Connection with a Commitment by CPPIB Credit Investments Inc. to MerchCap Solutions
Simpson Thacher advised MerchCap Solutions LLC (“MCS”) in connection with a commitment by CPPIB Credit Investments Inc. (“CPP Credit”), a wholly-owned subsidiary of Canada Pension Plan Investment Board (“CPPIB”), of $50 million of equity to MCS to support its business.
Tags: Simpson Thacher & Bartlett LLP | New YorkGoodwin Procter Expands Financial Institutions Group with Addition of Brynn Peltz in New York
Goodwin Procter, a national Am Law 50 firm, announced today that Brynn D. Peltz has joined the firm’s Financial Institutions Group in New York as a partner in its Transactions and Investment Management & Regulation Practices, as well as the firm’s Private Investment Funds Practice. Peltz joins Goodwin from Latham & Watkins where she was a partner in its financial regulatory and investment funds practices. Previously, she was a partner at Clifford Chance.
Tags: Goodwin Procter LLP | New York