Davis Polk advised Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC as joint book-running managers for the $200 million public offering by Netflix, Inc. of its common stock (more…)
This afternoon, Judge Raymond A. Jackson, US District Court Judge for the Eastern District of Virginia, issued an injunction against Verizon Communications ordering the company to “cease and desist” from the continued, unlawful use of intellectual property belonging to San Jose-based ActiveVideo Networks (AVN). The injunction follows $139.1 million in damages awarded to AVN earlier this year, when a jury found Verizon infringed on four patents for technology relating to interactive television services, such as video on demand used by FiOS TV (more…)
Kasowitz, Benson, Torres & Friedman LLP is pleased to announce that it has opened an office today in Silicon Valley at 333 Twin Dolphin Drive in Redwood Shores, California. Douglas E. Lumish, chair of the firm’s intellectual property group, will serve as managing partner of the office (more…)
Corporate attorney Charles J. Kao has joined Kaye Scholer as Special Counsel in its Silicon Valley office (more…)
Davis Polk advised Arcos Dorados Holdings Inc. in connection with its SEC-registered follow-on public offering of 44,475,958 Class A shares for an aggregate price to the public of approximately US$1 billion, including 4,043,268 shares that the underwriters purchased pursuant to an over-allotment option (more…)
Parallel teams of Cooley litigators and business lawyers delivered a favorable outcome last week on behalf of longtime client Onyx Pharmaceuticals, Inc, which reached a settlement of a jury trial in a dispute with its partner, the international pharmaceutical company Bayer. In a complex set of agreements announced at the mid-point of trial pending in the United States District Court for the Northern District of California (under the caption Onyx Pharmaceuticals, Inc. v. Bayer Corporation, Bayer AG, Bayer Healthcare LLC, and Bayer Schering Pharma AG Case No. C09-2145 EMC (N.D. Cal.)), Onyx obtained a significant stake in a compound at the heart of the dispute as well as other important monetary and non-monetary benefits (more…)
Fenwick & West LLP, a leading technology and life sciences law firm, is pleased to announce that Jake Handy, a highly-regarded life sciences technology transactions attorney, has joined the firm as a partner (more…)
Nagendra (Nick) Setty has joined Sheppard, Mullin, Richter & Hampton LLP as co-chair of the firm’s 70 attorney IP practice group. He will reside in the firm’s Palo Alto and San Francisco offices. Setty joins from Fish & Richardson, where he founded and was managing principal of its Atlanta office and resided part-time in its Silicon Valley office. Setty follows Stephen S. Korniczky, co-chair of Sheppard Mullin’s IP practice, who joined last year from Paul Hastings, where he was global chair of its IP practice group (more…)
Today, Judge Raymond A. Jackson of the Eastern District of Virginia awarded supplemental damages, bringing the historic jury verdict obtained by Morgan Lewis on behalf of San Jose-based ActiveVideo Networks (AVN) against Verizon to nearly $140 Million (more…)
Morgan Lewis today announced the addition of Rod Donnelly—a leading international tax practitioner—to the firm’s Tax Practice, resident in Palo Alto. Mr. Donnelly brings to Morgan Lewis more than a decade of experience advising clients throughout the Silicon Valley on transfer pricing and cross-border structural issues, in both the planning and tax controversy areas (more…)
Davis Polk advised Ingram Micro Inc. in connection with a new five-year $750 million revolving senior unsecured credit facility. The Bank of Nova Scotia served as administrative agent. Ingram Micro will use proceeds from the credit facility to repay obligations under its existing credit facilities and for general corporate purposes (more…)
