Last week, Judge Susan Illston, the Northern District of California federal judge handling the multi-district litigation (“MDL”), In re TFT-LCD Litigation, issued three orders on defendants’ motions for summary judgment that significantly reduced the damages that numerous direct and indirect purchaser plaintiffs can seek in their individual antitrust opt out actions against liquid crystal display (LCD) manufacturers for their role in an alleged flat panel price-fixing cartel operating from 1998 to 2006 (more…)

www.paulhastings.com

Paul Hastings, a leading global law firm, represented salesforce.com, the enterprise cloud computing company, in leasing an approximately 230,000-square-foot office space at One Rincon in San Francisco. This deal immediately follows salesforce.com’s announcement that they will lease the entirety of a 450,000-square-foot highrise planned for 350 Mission Street and expand their presence in 50 Fremont by another 100,000 square feet (more…)

www.paulhastings.com

Paul Hastings LLP, a leading global law firm, announced today that the firm represented middle market private equity firm GI Partners acquire a San Diego data center and office building leased to American Internet Services and San Diego Gas & Electric Co (more…)

www.paulhastings.com

International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Project Finance partner Allan T. Marks and colleagues Jon Reiter, Adam Bloom and Thomas Quirxtner represented the bond purchasers in the financing of the water and wastewater facility in Rialto, California. The financing totaled approximately $177 million (more…)

www.milbank.com

Simpson Thacher represented Igloo Holdings Corporation (“Igloo”) in connection with its Rule 144A and Regulation S offering of $350 million aggregate principal amount of 8.25%/9.00% Senior PIK Toggle Notes due 2017. Igloo intends to use the net proceeds from any such placement, together with $100.0 million of cash on hand of Interactive Data Corporation, to pay a dividend to its shareholders and a distribution to its optionholders totalling approximately $439.0 million (more…)

www.stblaw.com