Cooley is enhancing its global private equity group with the arrival of three prominent partners. Ron Hopkinson joins in New York from Cadwalader, Wickersham & Taft, where he was head of the firm’s private equity group. Eric Schwartzman joins in Palo Alto from Weil, Gotshal & Manges’ Silicon Valley office. Hopkinson and Schwartzman, former partners of Latham & Watkins, worked extensively together in New York representing a myriad of private equity sponsors. In London, Stephen Rosen joins the firm from Olswang, where he was head of the private equity and venture capital group. (more…)
Davis Polk advised Texas Instruments Incorporated on its SEC-registered debt offering of $500 million aggregate principal amount of 1.850% notes due 2022. The offering was made through an underwriting syndicate led by Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Mizuho Securities USA Inc. (more…)
Davis Polk today announced that Ronald Cami will join the firm as partner in the Corporate Department. Mr. Cami will be based in Davis Polk’s Menlo Park office. (more…)
Simpson Thacher represented the underwriters, led by Goldman, Sachs & Co., Deutsche Bank Securities Inc., and J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated in connection with the registered public offering by Apple Inc. (NASDAQ: AAPL) of $3.5 billion aggregate principal amount of additional notes over three tranches with maturities ranging from 5 to 30 years. The additional notes constituted a reopening of the $12 billion aggregate principal amount of notes initially issued on February 23, 2016, increasing the aggregate principal amount of the series to $15.5 billion. 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 program to return capital to shareholders, funding for working capital, capital expenditures, acquisitions and repayment of debt. (more…)
Weiguo (Will) Chen has joined the Palo Alto office of Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Intellectual Property practice group. Mr. Chen joins from Finnegan, Henderson, Farabow, Garrett & Dunner, LLP. (more…)
Davis Polk advised Banco Santander Chile in connection with its cash tender offer for up to $558,957,000 combined aggregate principal amount of its outstanding 3.875% senior fixed-rate notes due 2022 and its senior floating-rate notes due 2018. (more…)
Davis Polk advised the initial purchasers in connection with a Rule 144A offering by NuVasive, Inc. (“NuVasive”) of $650 million aggregate principal amount of its 2.25% convertible senior notes due 2021, which included $100 million aggregate principal amount of convertible senior notes issued pursuant to the exercise in full of the initial purchasers’ over-allotment option. (more…)
Orrick has advised Silicon Valley startup Cruise Automation on its acquisition by General Motors. Cruise is a leader in the “Driverless Revolution” focused on the development of driverless car technology. GM’s pending acquisition of Cruise is its latest investment towards winning the market for on-demand driverless car services that are gaining traction as an inevitable paradigm shift in the transportation industry. (more…)
Davis Polk advised the representative of the initial purchasers on a Rule 144A/Regulation S offering by GameStop Corporation of $475 million aggregate principal amount of its 6.75% senior notes due 2021. (more…)
Nancy E. Pritikin has joined the Palo Alto office of Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Labor and Employment practice group. Pritikin joins from Littler Mendelson, where she co-chaired the firm’s Complex Litigation and Jury Trials practice group. (more…)
Goodwin Procter, a leading Am Law 50 and Global 50 law firm, announced today that Michael Russell has joined the firm’s Silicon Valley office as a partner in the Technology & Life Sciences Group. (more…)
Troutman Sanders LLP announced today that Kimberley Chen Nobles has joined the firm as a partner in the Intellectual Property practice in the Orange County office. (more…)
