Building on its recent momentum in San Francisco, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. announced that Jonathan A. Shapiro, an experienced corporate and securities litigator formerly of Wilmer Hale, has joined as a Member and the Head of the firm’s West Coast Litigation Practice. He is the fourth new Member to join the San Francisco office in the last month (more…)
The Firm is representing Alibaba Group Holding Limited, China’s largest e-commerce company, in connection with its investment in Weibo Corporation and strategic alliance with SINA Corporation (NASDAQ GS: SINA). Alibaba, through a wholly owned subsidiary, has invested $586 million to purchase preferred and ordinary shares of representing approximately 18% of Weibo on a fully-diluted basis. SINA has also granted an option to Alibaba to enable Alibaba to increase its ownership in Weibo to 30% on a fully-diluted basis at a mutually agreed valuation within a certain period of time in the future (more…)
Wendel, Rosen, Black & Dean LLP welcomes Dana C. Tsubota to the Construction Group and Timothy H. Smallsreed and Fatima Brunson Evans to its Trusts and Estates Group (more…)
Dykema, a leading national law firm, announces that Janet R. Nalbandyan has joined the firm’s Litigation Department as senior counsel. Nalbandyan will be resident in Dykema’s Los Angeles office (more…)
Davis Polk is advising GAIN Capital Holdings, Inc. in connection with its approximately $107 million acquisition of Global Futures & Forex, Ltd. The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close in the third quarter of 2013 (more…)
Goodwin Procter recently advised client CyOptics, Inc. on its merger agreement with entities affiliated with Avago Technologies Ltd.(Nasdaq: AVGO) in which Avago agreed to acquire CyOptics for $400 million in cash (more…)
Sidley is pleased to announce that it advised GlaxoSmithKline (GSK) on its collaboration with Avalon Ventures to fund and launch up to ten early-stage life sciences companies in San Diego (more…)
Paul Hastings, a leading global law firm, announced today that the firm represented Avalon Ventures, a San Diego-based venture capital fund, in its $495 million collaboration with global healthcare company GlaxoSmithKline (GSK) to fund and launch up to ten early-stage life sciences companies. While the technologies for the companies may come from anywhere in the world, the companies and their management and scientific teams will all be located in San Diego (more…)
Davis Polk advised J.P. Morgan Securities LLC and Goldman, Sachs & Co. as representatives of the several underwriters in connection with an offering of 5,750,000 shares of common stock of ChemoCentryx, Inc., including 750,000 shares from the exercise of the underwriters’ over-allotment option. The gross proceeds from the offering were $69 million (more…)
The Firm is representing Silver Lake Sumeru in connection with the announced merger of Power-One, Inc. (NASDAQ: PWER) and ABB Ltd (NYSE: ABB). Investment funds affiliated with Silver Lake Sumeru own common stock and convertible preferred stock representing, on an as-converted basis, approximately 33% of the outstanding equity securities of Power-One. Under the terms of the merger agreement, ABB will acquire all of the issued and outstanding shares of Power-One for $6.35 per share in cash, which represents an equity value of approximately $1.028 billion. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the second half of 2013 (more…)
Allen Matkins, a California-based full service business and real estate law firm, served as legal counsel for Content Partners in the entertainment finance investment fund’s March 2013 acquisition of a 50 percent interest in the three series comprising the hit television franchise “CSI” (“CSI: Las Vegas,” “CSI: New York” and “CSI: Miami”). Content Partners acquires interests and participations in completed entertainment properties, including motion pictures and television series (more…)
Holland & Knight partner Elizabeth Lake has negotiated the first Advanced Mitigation Program (AMP) agreement for a renewable energy project in California. The AMP program was authorized under California Senate Bill (SB) 34 in 2010, and it provides the California Department of Fish and Wildlife (CDFW) with the authority to design and implement advanced mitigation actions, including the purchase of land and conservation easements to protect, restore and enhance the habitat for endangered, threatened and other special-status species in California. Land purchased as part of the advance mitigation program essentially provides a conservation bank designed to service eligible projects (more…)
