O’Melveny & Myers LLP welcomes Tony Wang as a partner in the Newport Beach office. Wang’s practice focuses on corporate and securities law, with an emphasis on private equity, venture capital, merger and acquisition, and Asia-related media and entertainment transactions. Having spent his legal career in Silicon Valley and Shanghai, Wang is experienced in transactions with US and Chinese companies, an invaluable asset in today’s global economy. (more…)
David Quinto and Scott Commerson, two highly experienced IP lawyers with particular knowledge of the entertainment arena, have joined the Los Angeles office of Davis Wright Tremaine LLP. (more…)
Orrick, Herrington & Sutcliffe LLP announced today that E. Patrick (“Pat”) Ellisen has joined the firm as a partner in its intellectual property practice, resident in the firm’s Silicon Valley office. Pat, who was formerly a partner with Greenberg Traurig, is the second addition to Orrick’s Taiwan-focused IP practice this month. Ya-Chiao Chang, the former co-founding partner of Kirkland & Ellis’ Beijing office, joined Orrick on August 3. (more…)
International law firm Greenberg Traurig, LLP continues to expand its Privacy & Data Security Practice with the addition of Françoise Gilbert, who joins as a shareholder in the firm’s Silicon Valley office. Gilbert is the author of a leading treatise on privacy and security law, “Global Privacy and Security Law” Aspen / Wolters Kluwer Law and Business (2009-present), and serves as co-chair of the Practising Law Institute’s Annual Privacy and Security Law conference. (more…)
Stephen Knute Gregg, an experienced emerging company lawyer, has joined the San Francisco office of Davis Wright Tremaine LLP as a partner.
Gregg brings to the firm over 15 years of experience in venture financing, M&A, securities, and general corporate work for emerging growth companies in a range of industries, inside and outside the technology sector. He focuses on M&A and private placement financings, both debt and equity. (more…)
Simpson Thacher represented the underwriters, led by Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities, in connection with a registered public offering of 3,099,173 shares of common stock of Tesla Motors, Inc. (“Tesla”) that resulted in aggregate gross proceeds to the company of approximately $750 million. Tesla intends to use the net proceeds from the offering to accelerate the growth of its business in the U.S. and internationally, for the development and production of its “Gen III” mass market vehicle, the development of the Tesla Gigafactory and other general corporate purposes. (more…)
Arnold & Porter LLP was one of the firms that recently secured a favorable jury verdict on behalf of BP West Coast Products LLC in the Superior Court of the State of California for the County of Los Angeles. The plaintiffs were four of BPWCP’s franchisees that own and operate ARCO gas stations and ampm Mini Markets in California. The trial of these initial four plaintiffs constituted the initial case for approximately 600 ARCO/ampm franchisees that have brought identical contract-based claims against BPWCP. The heart of their cases is the claim that BP breached the implied covenant of good faith and fair dealing and the “open price term” provision of the UCC by selling them wholesale gasoline at prices that were commercially unreasonable and set in bad faith. The plaintiffs also claim that BPWCP sold them a defective point-of-sale and back office system. (more…)
Milbank, Tweed, Hadley & McCloy LLP announced a prominent new member of its leading project finance and renewable energy team with the addition of Tax partner Michael O’Hara Duff, who joins the firm’s Los Angeles office. (more…)
International law firm Greenberg Traurig, LLP has added Jamie R. Adams to its San Francisco office as an associate in the firm’s Labor & Employment Practice. Adams joins the firm from Lamb & Kawakami LLP, where she counseled clients on a broad range of labor and employment matters. In the area of traditional labor law, Adams has advised clients regarding labor disputes and defended unfair labor practice charges before the National Labor Relations Board. (more…)
Davis Polk represents various subsidiaries of Comcast Corp. in four patent infringement lawsuits against Sprint Communications Co. LP pending in federal courts across the country. On August 10, 2015, Judge Andrews of the U.S. District Court for the District of Delaware denied Sprint’s motions for judgment as a matter of law and a new trial that sought to overturn an October 2014 jury verdict finding that Sprint infringed three Comcast patents and awarding $7.5 million in damages. Judge Andrews also granted Comcast an additional $1.69 million in pre-judgment interest as well as post-judgment interest and an on-going royalty to be determined at a later date (more…)
Munger, Tolles & Olson LLP represented Berkshire Hathaway in its acquisition of Precision Castparts Corp. (PCC) announced Aug. 10, 2015. Valued at approximately $37.2 billion, one of the largest deals Berkshire has done, according to media reports (more…)
Houlihan Lokey, Inc., the international investment bank, has priced its initial public offering of 10,500,000 shares of its Class A common stock at a public offering price of $21.00 per share, as noted in the below press release issued by the company. The shares began trading on Thursday, August 13, 2015 on the New York Stock Exchange under the ticker symbol “HLI.” (more…)
