A Locke Lord team served as legal counsel to MVC Private Equity Fund, L.P. in the sale of its portfolio company Plymouth Rock Energy, a leading retail energy provider of natural gas and electricity, to ENGIE Resources.
Christopher Martin and Rachel Fitzgerald (both of Houston) led a team representing Dallas-based wholesale insurance broker ClearView Risk Holdings, LLC in its January acquisition by The Amynta Group following an auction process that lasted several months.
Locke Lord’s James Rubens (Boston), Jason Ulezalka (New York), Tanya Beroukhim and Brandon Curtin (both of Boston) represented Phoenix Tower International (PTI), a wireless communications infrastructure provider, in the closing of a $200 million senior secured credit facility with Goldman Sachs Specialty Lending Group to continue PTI’s growth in the United States.
Locke Lord’s Paul Schuster and Cynthia Timms (both of Dallas) were part of a team of lawyers that represented Henry Schein Inc. before the U.S. Supreme Court. On Jan. 8, 2019, the Supreme Court unanimously vacated a Fifth Circuit decision that had affirmed the trial court’s denial of Henry Schein’s motion to refer the dispute to arbitration.
Emmet Hayes and Gerald “Jed” Hendrick (both of Boston) represented CRRC Corporation Limited, a Chinese manufacturing company which built a factory in Springfield, Mass., in its bid to secure a $566 million contract from the Massachusetts Bay Transit Authority to build 404 train cars for subway lines serving Boston and surrounding neighborhoods.
A Locke Lord team represented Starwood Energy Group Global, Inc., a leader in private energy infrastructure investments based in Connecticut, as special local counsel in its acquisition of the Manchester Street Power Station from Dominion Generation, Inc., a wholly-owned subsidiary of Dominion Energy, Inc. (NYSE: D), as part of a larger purchase of two of Dominion’s combined-cycle gas turbine plants for approximately $1.23 billion.
A Locke Lord team led by Sean Page (London) advised Honye Financial Services Ltd., a newly formed special purpose acquisition company seeking acquisitions in financial services and fintech, in its Initial Public Offering.
A Locke Lord team led by Will Becker (Dallas) represented Braemar Hotels & Resorts Inc., a real estate investment trust, in the public offering of 1,600,000 shares of 8.25% Series D cumulative preferred stock at a price of $25 per share for gross proceeds of $40 million.
A Locke Lord team led by Jon Biasetti, Tim Farber and Steve Whitmer (all of Chicago), served as insurance regulatory counsel to CVS Health (NYSE: CVS) in its completed acquisition of Aetna (NYSE: AET).
Locke Lord’s Scott Magee (Boston) obtained a $7.5 million verdict on behalf of German software firm ITyX Solutions AG against Kodak Alaris Inc.
A Locke Lord team led by Douglas Gray (Providence) represented ActiveCare Inc., and its wholly-owned subsidiary, 4G Biometrics, LLC, in the sale of substantially all of its assets under Sections 105, 363 and 365 of the U.S. Bankruptcy Code to Telcare Medical Supply, LLC, a subsidiary of Biotelemetry, Inc. (NASDAQ: BEAT), a leading developer of mobile and wireless medical monitoring devices, for up to an amount exceeding $10 million of total consideration.
A Locke Lord team represented a new management team at Flat Creek Resources, LLC in a $405 million equity commitment from EnCap Energy Capital Fund XI, L.P.
A Locke Lord team led by Pete Barrett (Providence) represented Vendome Medquest, LLC, a subsidiary of Vendome Group, LLC, in the sale of its Healthcare Informatics business line to Endeavor Events, LLC.
A Locke Lord team led by Terry Radney and Max Stubbs (both of Houston) represented OneEnergy Partners, LLC (OEP), a portfolio company of Carnelian Energy Capital, in the sale of all of OEP’s existing operations and leasehold assets to Franklin Mountain Energy, LLC.
In partnership with Advocates for Community Transformation (ACT), a Locke Lord litigation team of Arthur Anthony, Maddie Brunner, Matthew McDougal, and Clint Williams (all of Dallas) met with South Dallas community members to hear their concerns and experiences involving significant criminal activity in their neighborhood.
A Locke Lord team led by Joe Perillo (Houston) represented Motley Services, LLC, in the company’s acquisition by KLX Energy Services Holdings, Inc. for $148 million.
A Locke Lord team comprised of Douglas Gray (Providence), Ralph Loren (Boston) and Baker Coon (Providence) represented Juvenescence Limited, a leading drug development company based in the British Virgin Islands, focused on the development of therapies to increase human longevity, in connection with the launch of its latest joint venture project, FoxBio Inc.
A Locke Lord team led by Eugene McDermott, Douglas Gray and Baker Coon (all of Providence), represented Juvenescence Limited, a leading drug development company based in the British Virgin Islands, focused on the development of therapies to increase human longevity, in its purchase of 14.4 million shares of AgeX Therapeutics, Inc. for $43.2 million, from its affiliate BioTime, Inc. (NYSE American: BTX).
James Channo, Managing Partner of Locke Lord’s London office and Co-Chair of the International Transactions Practice Group, and London Partner Sean Page advised Brisbane-based SolGold plc (LSE and TSX code: SOLG) on the allotment and issue of 100,000,000 new ordinary shares to BHP Billiton Holdings Limited (BHP) at 45p per share to raise £45 million (US $59.2 million).
A Locke Lord team led by Pete Barrett (Providence) represented Vendome Medquest, LLC, a subsidiary of Vendome Group, LLC, in its sale of ENT Journal to Sage Publications, Inc.
A Locke Lord team led by Michelle Earley (Austin), Bill Swanstrom and Ann Williams (both of Houston) represented Southcross Holdings Borrower LP in the announced sale of the Robstown NGL fractionation facility located near Corpus Christi, Texas to EPIC Midstream Holdings, LP.
Locke Lord represented Tampa Electric Company in the underwritten public offering of $375 million principal amount of 4.45% notes due 2049, which closed on Oct. 4, 2018, and makes a total of $725 million of notes the client has issued this year (see previous transaction).