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Lowenstein Sandler has earned top rankings on two league tables for its representation of placement agents in Private Investments in Public Equity and Registered Direct (PIPE/RD) transactions during the second quarter of 2010. PrivateRaise and PlacementTracker both rank the firm's Specialty Finance Group second in the nation among law firms for the number of PIPE/RD transactions it handled on behalf of placement agents from April to June 2010. More ...
Lowenstein Sandler is representing its client Princeton Pharma Holdings LLC and its wholly owned subsidiary, Aton Pharma, Inc., in the pending acquisition of Princeton Pharma by Valeant Pharmaceuticals International, a public pharmaceutical company. The $318 million, all cash deal, closed in May 2010. More ...
Firm Represents Intelligroup Inc. in All-Cash Merger Agreement with NTT DATA
Lowenstein Sandler PC is serving as co-counsel to IT services company Intelligroup, Inc., in its recently announced merger with NTT DATA Corporation, a Japan-based IT services company. NTT DATA will acquire Intelligroup for approximately $199 million through an all-cash tender offer, followed by a second-step merger to acquire all remaining shares at the same price paid. The Lowenstein Sandler team includes Steven Skolnick, Meredith Prithviraj and Andrea Brown.
Lowenstein Sandler has won motions to dismiss amended complaints filed by the third-party payors and consumer plaintiffs in multidistrict litigation class actions involving oncology drugs Temodar and Intron. Lowenstein represented defendant Schering-Plough (now Merck) in the putative class action, which sought damages for the alleged "off-label" marketing of the two drugs. In June 2010, the federal district court for the District of New Jersey dismissed the class action complaints with prejudice, More...
Lowenstein Sandler ranks among the nation's most active law firms for the number of private equity and venture capital deals negotiated and closed during 2009, according to Dow Jones Private Equity Analyst. The firm was recognized for handling 89 private equity and venture capital deals and was highlighted for its representation of Insight Venture Partners, lead investor in the recent $100 million investment in Twitter. More ...
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Firm Receives Top Rankings in 2010 Chambers USA Guide
Lowenstein Sandler has once again received top honors for a number of its practice areas in Chambers USA: America's Leading Lawyers for Business (2010). The firm's Corporate, Litigation, White Collar Litigation, Bankruptcy and Environmental practices all maintained their tier-one standings for another year, making this the eighth consecutive tier-one ranking for Corporate and the seventh consecutive tier-one ranking for Litigation. Lowenstein Sandler's Intellectual Property, Employee Benefits & Executive Compensation, Labor & Employment and Real Estate practices were also recognized for excellence in the 2010 Chambers USA guide.
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Pro Bono Perspective Highlights Firm's Latest Pro Bono Initiatives
The 2010 edition of the Pro Bono Perspective, a publication of the Lowenstein Center for the Public Interest, highlights the firm's recent pro bono work, including precedent-setting legal victories, major new initiatives and ongoing transactional and litigation work in the Center's six key areas: children and education, immigration, community and sustainable development, criminal justice, civil and human rights and the arts.
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Firm Attorney to Speak at Outlook for Activist Trading Conference
Jeffrey Shapiro will speak on the panel "Nuts and Bolts of Activist Trading," which will discuss opportunities in activist trading, case studies, litigation or solicitation, proxy fights and other alternatives. The panel is part of Infovest21's Outlook for Activist Trading Conference - Part 2 which takes place September 20, 2010 in New York City.
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