Reed Smith, acting for Channel 4 and IMG Media, has successfully defended an age discrimination claim brought by John McCririck in the London Central Employment Tribunal.
The Reed Smith team was led by employment partner Graham Green and included associates Tom Remington and Amy Ferrington.
DLA Piper has been advising Equinix, Inc., one of the world’s leading suppliers of data centre services, on the acquisition of the Kleyer 90 Carrier Hotel in Frankfurt. The seller is a private investor from Berlin. Through this transaction, Equinix is strengthening its market position in Frankfurt. It was only last year, with the support of DLA Piper, that the company acquired the German competitor ancotel GmbH, which is one of the leading European providers of network-neutral colocation and interconnection services.
Clifford Chance has advised Smartbook AG, Offenburg, in trademark proceedings before the First Civil Division of the Germany Federal Supreme Court (Bundesgerichtshof, BGH) in Karlsruhe. This Division is presided over by Prof. Dr. Dr. h.c. Bornkamm.
Kirkland & Ellis International LLP represented Oberthur Technologies Holding S.A.S., one of the world's largest providers of security and identification solutions based on smart card technologies, in its offering of €190.0 million in aggregate principal amount of senior notes due 2020. The transaction closed on October 18, 2013. The net proceeds of the offering will be used to refinance certain indebtedness. Oberthur Technologies is a portfolio company of Advent International, a global private equity firm which invests in companies across a
variety of sectors.
Paul Hastings has advised Qualcomm Incorporated, the world leader in 3G, 4G, and mobile technology of the next generation, in connection with its strategic alliance with Alcatel-Lucent to improve access to very high-speed internet and cellular networks.
Davis Polk is advising Ingram Micro Inc. on its acquisition of Shipwire, Inc. The financial terms of the transaction have not been disclosed. The transaction is subject to customary closing conditions, including approval by Shipwire’s stockholders and antitrust clearance.
Ingram Micro is the world’s largest wholesale technology distributor and a global leader in supply-chain and mobile device lifecycle services. Shipwire is a leading provider of global fulfillment services for emerging multi-channel brands.
Cravath represented Crown Castle International Corp. in connection with its US$3.063 billion offering of 41,400,000 shares of its common stock and its US$977.5 million offering of 9,775,000 shares of its Mandatory Convertible Preferred Stock.
Crown Castle expects to use the net proceeds from these offerings to finance a portion of the consideration to be paid to AT&T Inc. and its affiliates in connection with the recently announced tower transaction between Crown Castle and AT&T. The offerings closed on October 28, 2013.
Davis Polk advised Computer Sciences Corporation (CSC) in connection with its $2.5 billion revolving credit facility agented by Citibank, N.A., which matures on January 15, 2019. The facility permits borrowings both by CSC and certain foreign subsidiaries in U.S. dollars, euros, pounds sterling and, subject to a maximum amount equal to the U.S. dollar equivalent of $500 million, Japanese yen, Australian dollars and Singaporean dollars and allows, on an uncommitted basis, for an increase of the facility up to $3 billion.
A Manchester-based team from international law firm Addleshaw Goddard has advised AIM-listed Andor Technology on its acquisition of two international businesses.
Andor Technology is a global leader in the development and manufacture of high performance scientific digital cameras for academic, industrial and government applications.
The Belfast-headquartered business, which has offices in China, Japan and the United States, acquired Apogee in the USA and Spectral Applied Research in Canada within 11 days of each other. Addleshaw Goddard advised Andor on both acquisitions.
International law firm Clifford Chance has advised AMC Networks on its definitive agreement to acquire substantially all of Chellomedia, the international content division of Liberty Global, for EUR 750 million (approximately USD 1.035 billion). The transaction is expected to close in the first quarter of 2014.