Law Firm News

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Law Firm News

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Paul, Weiss, Rifkind, Wharton & Garrison LLP

Ted Wells Named Top Lawyer for White-Collar Crimes
Ted Wells was named one of Inside Counsel magazine's "Crisis Rolodex: The Best Lawyers to Call in a Worst-Case Scenario." The article notes that Ted is "widely considered one of the most adept courtroom lawyers in the country...[and] has taken on some of the toughest white-collar and corporate-defense cases in U.S. history.

04-30-2007

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Paul, Weiss, Rifkind, Wharton & Garrison LLP

Jordan Yarett Named a "Dealmaker of the Year" by The American Lawyer
Corporate partner Jordan Yarett was named a "Dealmaker of the Year" as announced in the April issue of The American Lawyer. Jordan was selected for his representation of Lehman Brothers Inc., the lead underwriter and sole structuring agent for Dunkin’ Brands Inc., which franchises the Dunkin’ Donuts, Baskin-Robbins and Togo’s brands in the United States and throughout the world, in its $1.7-billion securitization of substantially all of its revenue generating assets. The article notes the deal was extremely complex and required Dunkin’ Brands to contribute its existing assets to several bankruptcy-remote special purpose vehicles and contribute all future revenue generating assets to these various entities. The article notes that the securitization posed unique challenges because Dunkin' Donuts and Baskin-Robbins have franchises in more than 100 countries, with more than 100 different legal systems governing the franchises, and had to address issues surrounding franchise royalties, real estate leases and environmental concerns for each of its stores. The article notes that Jordan's team was able to convince the rating agencies that they could execute a deal as complex as this – $1.5 billion of the notes got the highest rating from S&P and Moody's. The article also highlights some of Jordan's other notable deals, including representing Arby's Restaurant Group, Inc. in 2000 in one of the first intellectual property securitizations, The Quiznos Master LLC in a complex securitization in 2005 and the Sonic fast-food chain in an $800 million offering in 2006. Jordan was among 16 lawyers selected by The American Lawyer, which noted that "when the circumstances demanded innovative solutions, these lawyers distinguished themselves.

04-30-2007

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Paul, Hastings, Janofsky & Walker LLP

Paul Hastings Advises BioMarin in $324,875,000 Public Offering of Senior Subordinated Convertible Notes
Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced today that it advised BioMarin in its closing of a $324,875,000 public offering of its 1.875 percent senior subordinated convertible notes due April 23, 2017. The sale included nearly $42.4 million of notes purchased by the underwriter through to its overallotment option.

The Paul Hastings team was represented by partners Thomas Pollock, Siobhan Burke and Michael Zuppone.

About BioMarin: BioMarin develops and commercializes innovative biopharmaceuticals for serious diseases and medical conditions. The company's product portfolio is comprised of two approved products and multiple clinical and preclinical product candidates. Approved products include Naglazyme(R) (galsulfase) for mucopolysaccharidosis VI (MPS VI), a product wholly developed and commercialized by BioMarin, and Aldurazyme(R) (laronidase) for mucopolysaccharidosis I (MPS I), a product which BioMarin developed through a 50/50 joint venture with Genzyme Corporation. Investigational product candidates include Kuvan(TM) (sapropterin dihydrochloride), a Phase 3 product candidate for the treatment of phenylketonuria (PKU), and 6R-BH4 for cardiovascular indications, which is currently in Phase 2 clinical development for the treatment of peripheral arterial disease.

04-30-2007

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Paul, Hastings, Janofsky & Walker LLP

Paul Hastings Advises eTel On €90m Disposal
Paul, Hastings, Janofsky & Walker LLP ("Paul Hastings"), a leading international law firm, acted for one of its long standing clients, eTel Group Ltd ("eTel"), a major Central European provider of voice, data and internet services, in the sale of the shares of certain of its group companies situated in Austria, Hungary, Poland, Germany, the Slovak Republic and the Czech Republic to Telekom Austria AG for approximately €90 million.

Paul Hastings' lawyers advised on all aspects of the transaction. The team comprised of partners Joel Simon and Ronan O'Sullivan, associates Hayley Buckley and Sarah Whittington and trainee Maria De Rienzo.

04-30-2007

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Paul, Hastings, Janofsky & Walker LLP

Paul Hastings and Project Hope to Build the Paul Hastings Hope Elementary School in Jing'an County, China
Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced its partnership with Project Hope, the leading foundation working to eliminate educational disparity in the poorer parts of China, to build an elementary school in Longqiu village in Jing'an county, Jiangxi province in China. The school will serve 300 students from 5 villages in the county with modernized classroom facilities and will be named the Paul Hastings Hope Elementary School.

Paul Hastings will provide fiscal and physical support to the construction of the school. Volunteers from Paul Hastings' Shanghai office will assist in light construction work and donate furniture and office equipment to the school. Upon completion, Paul Hastings will continue to fund the education of the children enrolled. The construction of the school is expected to be completed before the end of this year. Paul Hastings' Shanghai Office Chair, Mitch Dudek, will be appointed as the honorary principal of the school.

Project Hope Shanghai's chairman, Mr Wu Renjie said, "We are delighted that Paul Hastings has committed their support to the construction of this elementary school. The completion of this school will not only benefit the students of the village where it is located but will also benefit 300 students who live in four villages nearby in the mountainous region of Jing'an county and by providing a new campus for these students and teachers who live far away."

Seth Zachary, Paul Hastings' Global Chairman commented, "We are pleased to have the opportunity to support Project Hope. We have a long history in the region and are committed to giving back to the communities in which we live and work as well as the education of children. The new Paul Hastings Hope Elementary School is further evidence of our long standing commitment to the region as a corporate citizen and we look forward to continuing the development and progress of the Paul Hastings Hope Elementary School during and after the school has been built."

About Project Hope: Project Hope is a non-governmental organisation sponsored by the Communist Youth League (CYL) Central Committee and the China Youth Development Foundation. The mission of the Project Hope is to eliminate educational disparity in the poorer parts of China through a number of different programs. The China Youth Development Foundation (CYDF), a non-governmental and non-profit organization, was founded in Beijing in March 1989. In the eighteen years since its founding, the CYDF has devoted itself to the well-being and development of Chinese youth, primarily with regards to education, science and technology, culture, physical education, health, and environmental protection. At the same time, the CYDF has played an integral and active role in the development of non-profit organizations in China by organizing and promoting international exchanges and cooperation.

The CYDF is best known for launching and managing its largest program to date, "Project Hope." Project Hope has sought to help school dropouts in poor remote regions return to school and complete at least an elementary education. By the end of 2006, Project Hope had raised over RMB 3.5 billion in donations, helped 2.9 million children from poverty-stricken rural families continue their schooling, built more than 13,000 Hope primary schools, presented Hope mini-library series to 13,000 village schools in remote areas, helped to train more than 35,000 teachers from Hope primary schools, and equipped more than 3,000 Hope primary schools with Sunchime film library series and other modern teaching equipment.

04-30-2007

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McGuireWoods LLP

McGuireWoods Partner Appointed to Appellate Courts Nominating Commission
Martin O'Malley, governor of Maryland, appointed Ava Lias-Booker, a McGuireWoods partner in Baltimore to be on the state's new Appellate Courts Judicial Nominating Commission. The new commission was announced on April 27. Lias-Booker has been recognized as one of the "Best Lawyers in America" by Woodward/White, named one of Maryland's Top 100 Women by The Daily Record, and honored by the Alliance of Black Women Attorneys.

04-30-2007

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Finnegan, Henderson, Farabow, Garrett & Dunner, LLP

When It Comes Down To A Fight These 10 Attorneys Are Tops At Winning Business Disputes In The Courtroom
Finnegan Henderson lawyer J. Michael Jakes was profiled in the Legal Times as one of the top ten business litigators in the Washington metro area. When clients talk about hiring J. Michael Jakes to handle their patent litigation, the relief in their voices is palpable. Not only does the Finnegan Henderson partner have an outstanding reputation for winning cases, he exudes an infectious sense of calm.

Tim Crean, chief IP officer at SAP, had worked with Jakes at Finnegan in the 1990s and has hired him for several cases since going in-house, first at Sun Microsystems Inc. and now at SAP. “Mike is the litigator to choose when you need the best, whether it’s delivering a flawless closing argument or crafting an appellate brief,” says Crean. “He’s also incredibly easy to work with.”

Leonard Metheny, Jr., president and CEO of ApplyYourself Inc, a Fairfax, VA-based technology service provider turned to Jakes in 2004 to handle a Federal Circuit appeal in a difficult patent dispute with College Net Inc. “A number of legal minds I’d consulted had recommended him,” says Metheny. “And after interviewing him—among other litigators—I felt he had a way of speaking to me as a businessperson that gave me a lot of confidence. Also, his record of litigation is outstanding.”

Like many other patent lawyers, Jakes came to the field armed with hard-science experience. He majored in electrical engineering in college, worked for a few years at Westinghouse, and earned a master’s degree in computer science in 1983. After graduating from Georgetown University Law Center in 1986, Jakes took at clerkship with Federal Circuit Judge Giles Rich. From Rich’s chambers, Jakes joined Finnegan Henderson. In years since, he has become particularly sought after for his appellate work before the Federal Circuit. He co-writes a treatise on Federal Circuit practice and procedure, published by Matthew Bender.

04-30-2007

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