Kasowitz, Benson, Torres & Friedman LLP is pleased to announce that leading intellectual property litigator Steven C. Carlson has joined the firm as Managing Partner of its Silicon Valley office. Mr. Carlson litigates patent and trade secret cases through trial in fields across the technology spectrum, representing high-tech, pharmaceutical, biotechnology, and medical device companies before district courts, appellate courts and the International Trade Commission. His clients have included tech company SRI, molecular diagnostics company Cepheid and pharmaceutical firm Allergan Inc (more…)
Cooley LLP announced today that it represented Solera Networks in its acquisition by Blue Coat Systems, Inc. Blue Coat is the market leader in business assurance technology, and Solera is the industry’s leading provider of big data security intelligence and analytics for advanced threat protection (more…)
Cooley LLP announced today that it advised Portola Pharmaceuticals on its $140 million initial public offering. Portola is a biopharmaceutical company focused on the development and commercialization of novel therapeutics in the areas of thrombosis, other hematologic disorders and inflammation for patients who currently have limited or no approved treatment options (more…)
Paul Hastings LLP, a leading global law firm, announced today that Chris Kennerly, has joined the firm as a partner with the Intellectual Property practice in Palo Alto. Mr. Kennerly joins from Baker Botts LLP, where he was chair of the Palo Alto IP department. His technology-based practice and experience with mobile telecom companies complements the firms growing footprint in the mobile technology market (more…)
Davis Polk is advising Bank of America Merrill Lynch and J.P. Morgan Securities LLC as financial advisers to Fidelity National Financial, Inc. in connection with its $2.9 billion acquisition of Lender Processing Services, Inc. The transaction, which is subject to approval by LPS and FNF stockholders and other customary closing conditions, is expected to close in the fourth quarter of 2013 (more…)
Xellia Pharmaceuticals, a pharmaceutical group focusing on the development, manufacturing and global commercialization of anti-infective therapies, announced that Novo A/S, the holding company of the Novo Group, has entered into an agreement to purchase all shares of the group for approximately US $700 million from 3i and other current shareholders, as detailed in the company press release below. Closing of the transaction will be subject to relevant competition law approvals, and is expected to take place during the third quarter of 2013 (more…)
On May 16, 2013, Simpson Thacher client Mining Machinery Limited (“MML”) and Caterpillar, Inc. resolved all outstanding issues arising out of Caterpillar’s June 2012 acquisition of Zhengzhou Siwei, a leading manufacturer of hydraulic roof supports used in the mining industry in China. After it acquired Siwei, Caterpillar alleged that it had uncovered deliberate accounting misconduct and recorded a $580 million goodwill impairment charge in the fourth quarter of 2012. Simpson Thacher represented Emory Williams and John Lee, former directors of Siwei’s parent company and two of the leading entrepreneurs in China, and MML and James Thompson III, two other parties with an interest in the settlement, in responding to Caterpillar’s allegations. The parties have now entered into an agreement under which they exchanged releases, certain payments owed by Caterpillar were reduced, and an entity affiliated with MML has been given the right to purchase certain assets from Caterpillar. In addition, Caterpillar publicly stated that it had found no evidence that any of Simpson Thacher’s clients had engaged in any accounting misconduct
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The Firm represented Seagate Technology plc (“Seagate”) in connection with its Rule 144A and Regulation S offering of $1.0 billion aggregate principal amount of 4.75% Senior Notes due 2023. The notes were issued by Seagate HDD Cayman, a wholly-owned subsidiary of Seagate, and guaranteed by Seagate. Morgan Stanley, BofA Merrill Lynch and BNP Paribas acted as joint-lead and joint bookrunning managers of the offering (more…)
The Firm is representing Yahoo! Inc. (NASDAQ: YHOO) in connection with its announced acquisition of Tumblr for a total consideration of $1.1 billion. According to the purchase agreement, Tumblr will be independently operated as a separate business. The transaction is expected to close in the second half of the year and is subject to customary closing conditions (more…)
Dickstein Shapiro LLP has added Mark T. Kresnak, Ph.D. to its Intellectual Property Practice as Counsel in its Palo Alto, California office, effective May 13, 2013. Dr. Kresnak joins the firm from Elan Pharmaceuticals, Inc. where he was Senior Director, Intellectual Property. In this role, he managed IP procurement, enforcement, and defense for major aspects of the Elan R&D and commercial portfolio, and was also integrally involved with the company’s Transactional Law function, where he negotiated, drafted, and advised on corporate contracts. His practice focuses on IP portfolio development and counseling, patent prosecution, IP diligence, and IP-related transactions (more…)
Cooley LLP announced today that it advised the underwriters on Cyan, Inc.’s recent IPO. Cyan, now trading on the New York Stock Exchange under the symbol “CYNI,” is a Northern California-based company that has pioneered innovative, carrier-grade networking solutions that transform inefficient legacy networks into open, high-performance networks. Its solutions enable network operators to “virtualize” their networks, accelerate service delivery and increase scalability and performance, while reducing costs (more…)
Procopio continues to expand its expertise in the field of intellectual property litigation with the addition of Mindy M. Morton, who joins as Senior Counsel on the intellectual property litigation team (more…)
