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Sony to Acquire EMI Music Publishing for $2.3 Billion

24 May 2018

Cleary Gottlieb is acting as antitrust counsel to Sony Corporation in its acquisition of EMI Music Publishing.

Sony Corporation has agreed to buy a controlling stake in EMI Music Publishing for $2.3 billion, in a deal announced on May 22, 2018.

Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets.

EMI Music Publishing is the second largest music publishing company by revenue.

London Team Advises Eight Roads Ventures on Fuse Funding Round

24 May 2018

Orrick has advised Eight Roads Ventures, Fidelity International Ltd’s venture capital arm, in its $20 million investment in UK learning management platform Fuse Universal.

The Fuse system is used by more than 100 companies for a more convenient employee training experience, by enabling employees to view short, bite-sized training clips online or offline, on their smartphones, tablets or computers.

Capiton’s Financing of the Acquisition of Magix Software

24 May 2018

Shearman & Sterling advised capiton on the financing of the acquisition of a majority stake in Magix Software, a leading developer and provider of software for video, music and photo editing.

capiton is an independent private equity company with more than €1.1 billion funds under management, focusing on management buyouts and growth financing for medium-sized companies in Germany, Austria and Switzerland.

PARTNER MOVES - Brendan M. Dunn, Former McConnell Policy Advisor, to Join Akin Gump

23 May 2018

Akin Gump is pleased to announce that Brendan M. Dunn, formerly policy advisor and counsel to Senate Majority Leader Mitch McConnell (R-KY), will join Akin Gump as a partner in its public law and policy practice. Mr. Dunn, who served as chief advisor to Majority Leader McConnell and the Senate GOP leadership on tax, trade, financial services and pension matters before Congress, was the key staff architect of the successful effort to secure the passage last year of the historic Tax Cuts and Jobs Act. He is expected to start at the firm on May 24.

PARTNER MOVES - David Wheat to Join Kirkland & Ellis as a Tax Partner in Houston

23 May 2018

Kirkland & Ellis LLP is pleased to announce that R. David Wheat will join the Firm’s Houston office as a partner in the Tax Practice Group.
 
“David is one of the finest tax lawyers in the country,” said Jeffrey C. Hammes, Chairman of Kirkland’s Global Management Executive Committee. “His significant experience advising corporations and partnerships of all types, including energy companies, will bolster our ability to serve clients in every industry.”

PARTNER MOVES - Morgan Lewis Adds Finance Partner in London to Advise Lenders

23 May 2018

Morgan Lewis welcomes finance partner Paul Denham, who advises clients on a wide range of leveraged finance and banking matters. Mr. Denham, who arrives from another global law firm, will be resident in Morgan Lewis’s London office.

The arrival of Mr. Denham follows other recent growth of the firm’s finance capability in London. In January, finance lawyer Georgia M. Quenby joined Morgan Lewis as a partner alongside finance of counsel Victoria Thompson and two associates.