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…)
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…)
DLA Piper advised The Coca-Cola Company in an investment and distribution partnership with Suja Juice, an organic, cold-pressured and hand-crafted beverage company (more…)
Vedder Price is pleased to announce that Thomas H. Petrides has joined the firm’s Los Angeles office as a Shareholder in the Labor & Employment group (more…)
Lathrop & Gage announced today that Phillip Maltin recently joined the firm’s Labor & Employment practice as a Partner in Los Angeles (more…)
Sidley Austin LLP represented IPC Healthcare (NASDAQ: IPCM) in the recently announced merger with Team Health Holdings Inc. for $1.6 billion. For its proposed acquisition of IPC, Tennessee-based TeamHealth offered $80.25 a share, a 37 percent premium based on IPC’s closing stock price on the previous trading day. The combined company would employ 15,000 health care professionals nationwide (more…)
Hogan Lovells is pleased to announce that Stephanie Yonekura is joining the firm’s Los Angeles office as a partner in the Investigations, White Collar and Fraud practice group. Yonekura joins the firm from the U.S. Attorney’s Office, where she most recently served as the acting United States Attorney for the Central District of California, the largest U.S. Attorney’s office outside of Washington, D.C. (more…)
Alston & Bird has bolstered its finance capabilities with the addition of Gregg Loubier as partner in the firm’s Finance Group in Los Angeles. Loubier joins from Allen Matkins Leck Gamble Mallory & Natsis LLP in Los Angeles, where he was partner and chair of the Real Estate Finance Practice Group. (more…)
Nixon Peabody is growing its intellectual property practice in Southern California with the addition of new counsel Raquel L. Aragón. (more…)
Latham & Watkins LLP1 is pleased to announce that Jessica Stebbins Bina has joined the firm in Century City as a partner in the Litigation Department. Her practice focuses on complex commercial litigation for an array of clients, including many in the entertainment and media industry. She is known as a skilled strategist, writer and trial lawyer.
Stebbins Bina has handled a range of litigation matters at every level of state and federal courts in the United States. She has been trial counsel for multiple matters tried to a favorable jury verdict, as well as appellate counsel for cases in which she has both written the appellate briefs and argued the appeals in state and federal courts. Stebbins Bina has principally authored at least two dozen appellate briefs, argued more than 100 substantive motions, and run numerous litigation and trial teams. In addition to the broad spectrum of media clients she has represented, Stebbins Bina has also worked with clients in the aerospace, energy, manufacturing, and hospitality and commercial development sectors. (more…)
