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…)
Simpson Thacher recently represented the underwriter, Citigroup Global Markets Inc., in a public offering of 21,490,022 ordinary shares of Avago Technologies Limited by several of Avago’s shareholders for aggregate gross proceeds of approximately $740 million (more…)
Foley announced today that Frederic J. Adam (“Fred”) has joined the firm’s Tax & Individual Planning Practice as a partner in its Silicon Valley office. Prior to joining Foley, Fred was a tax partner in the International Corporate Tax group of KPMG LLP (more…)
Corporate attorney Judy Deng has joined Reed Smith’s Silicon Valley office, where she will focus on cross-border U.S.-China transactions and corporate financings of companies with international operations (more…)
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Vermillion Inc., a medical diagnostic company, and current and former directors in successfully defeating a shareholder lawsuit challenging the board’s decision to reduce its size in the face of a threatened proxy contest (more…)
O’Melveny & Myers LLP represented Zenprise, a leading innovator in mobile device management, in its definitive agreement to be acquired by Citrix. Subject to closing conditions including regulatory approval, the transaction is expected to close in the first quarter of 2013 (more…)
Davis Polk is advising BBAM Limited Partnership in connection with Onex Corporation’s acquisition of a 50% stake in BBAM for $165 million. Onex and BBAM have also committed to invest $25 million in the aggregate in newly issued shares of FLY Leasing Limited, a leading global lessor of commercial jet aircraft managed by BBAM (more…)
International law firm Dorsey & Whitney announced today that Scott Smith, M.D., J.D. has joined the Patent and Life Sciences practice groups in the Firm’s Palo Alto office as a Partner. Mr. Smith brings twelve years of experience as a patent attorney focused on the medical device industry (more…)
O’Melveny & Myers LLP represented Alta Partners, a leading venture capital firm in life sciences, as lead investor in Zafgen, Inc.’s US$21 million Series D equity financing. Zafgen, Inc. is a biopharmaceutical company dedicated to addressing the needs of severely obese patients (more…)
Shearman & Sterling represented the initial purchasers led by Morgan Stanley & Co. LLC in connection with Prospect Medical Holdings, Inc.’s offering of $100 million of its 8.375% Senior Secured Notes due 2019. The Notes are secured by mortgages on seven hospitals in California and Texas, as well as substantially all of the other assets of Prospect and its subsidiaries (more…)
DLA Piper today announced that Dharmesh Pandya has joined the firm’s Tax practice as a partner in the Silicon Valley office (more…)
Skadden, Arps, Slate, Meagher & Flom LLP announced today that James F. Brelsford will join the firm in February 2013. Mr. Brelsford will become of counsel to the firm’s Intellectual Property group in Palo Alto and will advise clients on complex IP transactions, monetization strategies and litigation, including in cross-border matters, particularly in Asia (more…)
