O’Melveny & Myers LLP represented Samsung Electronics Co. Ltd. in its recently announced acquisition of NeuroLogica, a leading Computed Tomography (CT) company headquartered in Massachusetts (more…)
James W. Soong has joined the Palo Alto office of Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Intellectual Property practice group, joining from Greenberg Traurig (more…)
Continuing with its plan for strategic growth, Novak Druce Connolly Bove + Quigg LLP, the IP super boutique, announced that attorney Marcus T. Hall has joined the firm as a partner. He will practice out of the firm’s San Francisco and Los Angeles offices where he will focus on intellectual property litigation and complex commercial litigation (more…)
Davis Polk is advising Comcast Corporation on its $16.7 billion acquisition of General Electric Company’s 49% common equity stake in the NBCUniversal Media, LLC joint venture. NBCUniversal will also purchase from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, New Jersey for approximately $1.4 billion. The transaction is subject to customary closing conditions and is expected to close by the end of the first quarter of this year (more…)
San Francisco litigation associate Harry Moren successfully prevented the unlawful eviction of an elderly, disabled client who speaks only Spanish (more…)
Arnold & Porter LLP client PMI Mortgage Insurance Co. (in receivership) recently entered into definitive agreements with Arch Capital Group Ltd. for its U.S.-based subsidiaries, Arch U.S. MI, to acquire CMG Mortgage Insurance Company from PMI and CMFG Life Insurance Company. The agreements also involve the acquisition of PMI’s mortgage insurance information technology operating platform and related assets from PMI. The value of the consideration for these transactions are estimated to be approximately $300 million. Arch U.S. MI will also enter into a services agreement with PMI to provide for necessary services to administer the run-off of PMI’s legacy business at the direction of PMI. An affiliate of Arch U.S. MI will reinsure the run-off of in-force insurance on current, non-delinquent loans included in the primary mortgage insurance originated by PMI for book years 2009-2011 (more…)
Milbank, Tweed, Hadley & McCloy represented HS1, Ltd. – a consortium of Borealis Infrastructure and Ontario Teachers’ Pension Plan, and owners of the High Speed 1 (“HS1”) railway in the UK – in a $915 million private placement issuance. The proceeds will go towards refinancing the $2.1 billion project costs incurred by HS1, Ltd. in 2010 when it won a 30-year concession to own and operate the railway from the UK government’s London & Continental Railways (more…)
Venable LLP announced today that William J. Briggs, II has joined the Los Angeles office as partner in the Commercial Litigation Group. Briggs is an entertainment industry veteran representing well-known talent in film, television and music as well as production and music publishing companies. Previously, Briggs was a partner at Lavely & Singer in Los Angeles (more…)
Simpson Thacher represented the underwriters, led by BofA Merrill Lynch, Deutsche Bank Securities and J.P. Morgan, in connection with the offering by Air Lease Corporation of $400 million aggregate principal amount of 4.750% Senior Notes due 2020. The Notes are being offered pursuant to an effective shelf registration statement that the Company previously filed with the Securities and Exchange Commission. The net proceeds of the offering will be used to fund the acquisition of commercial aircraft and for other general corporate purposes (more…)
McGuireWoods LLP today announced that Neil Rust has joined the firm’s banking and finance group in Los Angeles as a partner. He brings to the firm a broad transactional practice that includes representing domestic and international clients in connection with middle market, investment grade and leveraged finance, mergers and acquisitions, and other corporate work (more…)
Avery Dennison Corporation has announced a definitive agreement to sell its Office and Consumer Products business and Designed and Engineered Solutions business to CCL Industries Inc. for $500 million in cash. The transaction is subject to customary closing conditions and regulatory approvals (more…)
The global law firm Jones Day has announced that Marcus Quintanillae has joined the Firm as of counsel in the Irvine Office, where he is now a member of the Global Disputes Practice. Mr. Quintanilla arrives from the Newport Beach office of O’Melveny & Myers, where he was counsel in the firm’s International Dispute Resolution Practice (more…)
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