Kirkland & Ellis News
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KKR & Co., Centerbridge Partners LP and GSO Capital Partners LP are part of a creditor group that amassed more than $2 billion in Cengage Learning Inc.’s senior debt as it vies with owner Apax Partners LLP to influence the fate of the publisher, said people familiar with the matter.
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IVG Immobilien AG, the German real estate company that plans to restructure more than 3 billion euros ($3.9 billion) of debt, starts talks with creditors today, according to two people with knowledge of the matter.
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Cooley LLP hired Jeremy Naylor as a tax partner in the New York office.
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Latham & Watkins LLP’s Zachary Fardon was nominated by President Obama to be U.S. Attorney for the Northern District of Illinois in Chicago. He would replace Patrick Fitzgerald, who left last June and joined Skadden Arps Slate Meagher & Flom LLP.
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Kasowitz, Benson, Torres & Friedman LLP hired insurance recovery litigators Jerold Oshinsky and Linda Kornfeld from Jenner & Block LLP as partners to open the firm’s Los Angeles office.
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Clearwire Corp.’s board recommended Sprint Nextel Corp.’s new takeover bid of $3.40 a share, or about $2.5 billion, saying it’s the best offer available to the struggling wireless-service provider.
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Websense Inc., a website-filtering company that is shifting into Internet security, will be acquired by private-equity firm Vista Equity Partners for about $906 million.
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Quinn Emanuel Urquhart & Sullivan LLP hired John Rhie as chairman of the firm’s Asian international arbitration practice and to open a Hong Kong office.
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Baker Botts LLP announced three lateral hires last week including international tax lawyer Don J. Lonczak and capital markets lawyer Bonnie A. Barsamian.
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Pamplona Capital Management LLP agreed to buy Coinmach Service Corp., the biggest laundry- equipment service provider in the U.S., and Air-Serv Group LLC in a transaction valued at $1.4 billion.
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