Jung Yeon Son has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Corporate practice group, based in the firm’s Palo Alto office. Son joins from Technology Crossover Ventures in Palo Alto, where she served as Associate General Counsel. Before that she was VP & Associate General Counsel at Blum Capital Partners in San Francisco, as well as practicing numerous years at Simpson Thacher in New York and Palo Alto (more…)
Davis Polk advised Goldman, Sachs & Co. and J.P. Morgan Securities LLC as representatives of the several underwriters in connection with an SEC-registered offering of 9,000,000 shares of common stock of Isis Pharmaceuticals, Inc. The gross proceeds from the offering were $171 million (more…)
Duane Morris LLP has hired two senior associates to bolster its existing high-technology intellectual property team in Silicon Valley, just four months after launching the office. David Xue, Ph.D., and Phillip Mancini have joined the firm in Palo Alto from Goodwin Procter LLP and Crowell & Moring LLP, respectively (more…)
Davis Polk is advising BofA Merrill Lynch as financial adviser to BMC Software, Inc. in connection with its approximately $6.9 billion acquisition by a private investor group led by Bain Capital and Golden Gate Capital together with GIC Special Investments Pte. Ltd. and Insight Venture Partners. The transaction, which is expected to close later this year, is subject to approval from BMC shareholders, regulatory approvals and other customary closing conditions (more…)
Paul Hastings, a leading global law firm, announced today that the firm advised Corsair Components, Inc., worldwide designer and supplier of high-performance components to PC gaming enthusiasts, in a $75 million investment from tech-focused private equity firm Francisco Partners (more…)
Simpson Thacher represented the underwriters, led by Goldman, Sachs & Co. and Deutsche Bank Securities Inc., in connection with the registered public offering by Apple Inc. of $17 billion aggregate principal amount of notes over six tranches with maturities ranging from three to 30 years. The offering, Apple’s first since 1996, represents the largest corporate offering in history. The net proceeds from the offering will be used for general corporate purposes, including repurchases of common stock and payment of dividends under Apple’s recently expanded program to return capital to shareholders (more…)
Latham & Watkins LLP is pleased to announce that four noted intellectual property litigators have joined the firm as partners in the Litigation Department. The team of attorneys adds recognized patent trial experience to the firm, which has made a series of bold market moves in recent years in building a premier Intellectual Property Litigation Practice (more…)
Simpson Thacher represented Associated Materials, LLC (“Associated Materials”) and its co-issuer in connection with an offering of $100 million aggregate principal amount of 9.125% senior secured notes due 2017. The notes were issued as additional notes under the same indenture governing $730 million of existing senior secured notes. Associated Materials used a portion of the net proceeds from the notes to repay all of the outstanding borrowings under its senior secured asset-based revolving credit facilities and intends to use the remaining net proceeds for other general corporate purposes (more…)
The Firm represented Microsoft Corporation in connection with its inaugural offering of euro-denominated debt securities and its offering of U.S. dollar-denominated debt securities. The underwriters for both offerings were led by BofA Merrill Lynch and RBS (more…)
Davis Polk advised Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as representatives of the underwriters in connection with a $1 billion SEC-registered notes offering by NIKE, Inc., consisting of $500 million aggregate principal amount of its 2.25% notes due 2023 and $500 million aggregate principal amount of its 3.625% notes due 2043 (more…)
The Firm is representing Alibaba Group Holding Limited, China’s largest e-commerce company, in connection with its investment in Weibo Corporation and strategic alliance with SINA Corporation (NASDAQ GS: SINA). Alibaba, through a wholly owned subsidiary, has invested $586 million to purchase preferred and ordinary shares of representing approximately 18% of Weibo on a fully-diluted basis. SINA has also granted an option to Alibaba to enable Alibaba to increase its ownership in Weibo to 30% on a fully-diluted basis at a mutually agreed valuation within a certain period of time in the future (more…)
Davis Polk is advising GAIN Capital Holdings, Inc. in connection with its approximately $107 million acquisition of Global Futures & Forex, Ltd. The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close in the third quarter of 2013 (more…)
