This Week's Deals
A round-up of transactions involving Bay Area lawyers and companies.
October 08, 2015 at 12:42 PM
4 minute read
OCTOBER 5, 2015
Skadden helps PMC-Sierra in $2 billion sale to Skyworks Solutions
Skadden, Arps, Slate, Meagher & Flom provided counsel to fabless semiconductor company PMC-Sierra Inc. in its $2 billion acquisition by semiconductor manufacturer Skyworks Solutions Inc. Shareholders of PMC Sierra, which is based in Sunnyvale, will receive $10.50 per share. The deal is expected to close in the first half of 2016.
The Skadden team included Palo Alto-based partners Kenton King, Amr Razzak and Joseph Yaffe, associates D. Barnaby Gibson, Sonia Nijjar, Shannon Kung, Christopher Yap and Naoko Watanabe and counsel Kristin Davis. Los Angeles-based partners K. Kristine Dunn and Karen Corman also worked on the deal, with the help of New York-based partner Jose Esteves. Washington, D.C.-based partner Eric Sensenbrenner provided assistance.
OCTOBER 2, 2015
Bevy of firms advises Extra Space Storage in $1.4 billion purchase of SmartStop
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J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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