Bloomberg News

V&E, Gibson Dunn on ETP $1.8 Billion Deal: Business of Law

April 29, 2014

Vinson & Elkins LLP advised Energy Transfer Partners LP (ETP:US), the pipeline company run by billionaire Kelcy Warren, which agreed to buy Susser Holdings Corp. (SUSS:US) for $1.8 billion. Gibson Dunn & Crutcher LLP advised Susser. Bingham McCutchen LLP acted as tax counsel to Energy Transfer.

The V&E team was led by M&A partner Matt Strock and included partners Price Manford, tax, and Brian Bloom, employee benefits.

The Bingham McCutchen team included partners Brad Whitehurst and Bill McKee.

The Gibson Dunn corporate team was led by partner Jay Tabor and included partner Barbara Becker. Other Gibson Dunn partners advising on the deal include David Sinak, tax; Michael Collins, benefits; and Adam Di Vincenzo, antitrust.

For more, click here.

Kirkland, Willkie, Davis Polk Work on Comcast’s Customer Sale

Kirkland & Ellis LLP and Wachtell, Lipton, Rosen & Katz advised Charter Communications Inc. (CHTR:US), which reached an agreement to take control of 3.9 million more cable-TV customers, helping Comcast Corp. (CMCSA:US) ease the approval process for its merger with Time Warner Cable Inc.

Willkie Farr & Gallagher LLP and Davis Polk & Wardwell LLP represented Comcast.

The Kirkland partners on the Charter deal were Jason Kanner, debt finance, and Christian Nagler, capital markets.

The Willkie Farr team was led by communications, media and privacy partners Francis Buono and James Casserly and included special counsel Michael Jones.

Davis Polk’s lead partners on the deal were David L. Caplan, William J. Chudd, Bruce K. Dallas, Jason Kyrwood, Avishai Shachar and Neil Barr.

Fried, Frank, Harris, Shriver & Jacobson LLP acted as counsel to Goldman Sachs, financial adviser to Charter Communications, with a team that included corporate senior counsel Arthur Fleischer, corporate partners Peter Golden and Philip Richter and antitrust and competition partner Barry Nigro.

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Seven Firms Advise on Forest Laboratories Acquisition of Furiex

Covington & Burling LLP was legal counsel for Forest Laboratories Inc. (FRX:US), the drugmaker being acquired by Actavis Plc (ACT:US), which agreed to buy Furiex Pharmaceuticals (FURX:US) Inc. for $1.1 billion.

Forest also said that it agreed to sell Furiex royalties on two products to Royalty Pharma for about $415 million upon completion of the acquisition.

Furiex was advised by Kirkland & Ellis LLP and Wyrick Robbins Yates & Ponton LLP. Royalty Pharma was advised by Goodwin Procter LLP. Weil, Gotshal & Manges LLP is special antitrust counsel to Forest on the transaction.

Covington’s team was led by corporate partner Andrew Ment and included partners Michael Francese, benefits; Lee Tiedrich, IP; Rob Heller, tax; and Mike Labson and Peter Safir, regulatory.

The Kirkland team was led by New York corporate partners Richard Brand and Stephen Fraidin.

Latham & Watkins LLP is advising Actavis in connection with Forest’s acquisition of Furiex and Actavis’s acquisition of Forest. The deal team for the Furiex transaction includes partners Scott Shean and Charles Ruck.

Fried, Frank, Harris, Shriver & Jacobson LLP, led by corporate partner Philip Richter, acted as counsel to BofA’s Merrill Lynch, financial adviser to Furiex.

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Simpson Advises Alibaba on $1.22 Billion Stake in Youku Tudou

Simpson Thacher & Bartlett LLP’s Katie Sudol is leading a team advising Alibaba Group Holding Ltd., which along with founder Jack Ma’s Yunfeng Capital agreed to buy a $1.22 billion stake in the video website Youku Tudou Inc. (YOKU:US) as China’s biggest e-commerce operator prepares for a U.S. initial public offering. Youku shares fell.

Skadden, Arps, Slate, Meagher & Flom LLP corporate partners Julie Gao and Michael Gisser are advising Youku Tudou.

For more, click here.

Moves

Gary DeWaal to Join Katten Muchin as Special Counsel in New York

Gary DeWaal, who served as general counsel to futures brokerage Newedge Group SA, is joining Katten Muchin Rosenman LLP as special counsel in the firm’s New York office.

Before founding his own company in 2013, DeWaal ran the legal, compliance, financial crimes prevention and regulatory development departments at Newedge, one of the largest brokers in exchange-traded derivatives. He’d worked at Fimat, a Newedge predecessor, since 1995.

Earlier in his career, he was a trial attorney in the U.S. Commodity Futures Trading Commission’s enforcement division and a stringer for the New York Times, according to a statement from Katten Muchin.

For more, click here.

To contact the reporter on this story: Elizabeth Amon in New York at eamon2@bloomberg.net

To contact the editors responsible for this story: Michael Hytha at mhytha@bloomberg.net Charles Carter, Fred Strasser


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Companies Mentioned

  • ETP
    (Energy Transfer Partners LP)
    • $63.55 USD
    • 0.16
    • 0.25%
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