Robert M. Katz

Seaspan Corporation (Seaspan), a wholly owned subsidiary of Atlas Corp. (Atlas or the Company) (NYSE: ATCO), has announced that the Company and Poseidon Acquisition Corp. (Poseidon) an entity formed by certain affiliates of Fairfax Financial Holdings Limited (Fairfax), certain affiliates of the Washington Family (Washington), David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte. Ltd., and certain of their respective affiliates, completed the previously announced transaction pursuant to which Poseidon acquired all outstanding common shares of Atlas not already owned by Fairfax, Washington and Mr. Sokol. Pursuant to the terms of the Agreement and Plan of Merger, dated October 31, 2022, by and among the Company, Poseidon and Poseidon Merger Sub, Inc. (Merger Sub), Merger Sub merged with and into the Company (the Merger), with the Company continuing as the surviving company in the Merger. Latham & Watkins LLP represented Ocean Network Express Pte. Ltd. in the transaction with a corporate deal team led by New York partner David Kurzweil, with associate Julian Azran. New York partners James Gorton, Christopher Cross, and Robert Katz, with associate Sally Wu, also advised on M&A matters.~~

Mar 28

1 min

Latham & Watkins has advised the new strategic investors (New Investors) on the Restructuring Support Agreement (RSA) of 5E Advanced Materials, a boron and lithium company with US government Critical Infrastructure designation for its 5E Boron Americas Complex. The New Investors will commit up to US$25 million under the transaction and acquire 50% of the outstanding principal amount of the convertible notes from the Lender. The transaction will further secure 5E Advanced Materials’ pathway to operations and the extraction of boric acid and lithium at its 5E Boron Americas complex. The Latham team was led by New York finance partners Adam Goldberg and George Klidonas and Singapore corporate partner Marcus Lee, with New York corporate partners Robert Katz and Drew Capurro, and Singapore counsel Jeremy Wang.~~

Jan 16

1 min

Regency Centers Corporation (Nasdaq: REG) and Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) have announced that the two companies have entered into a definitive merger agreement by which Regency will acquire Urstadt Biddle in an all-stock transaction, valued at approximately US$1.4 billion, including the assumption of debt and preferred stock. The combined company is expected to have a pro forma equity market capitalization of approximately US$11 billion and total enterprise value of approximately US$16 billion. Latham & Watkins LLP represented Eastdil Secured, financial advisor to Urstadt Biddle, in the transaction with a corporate deal team led by New York partner Robert Katz and New York counsel Adam Rachlis.~~

May 18

1 min

Ka’ena Corporation and T-Mobile US (NASDAQ: TMUS) have announced that they have entered into a definitive agreement pursuant to which T-Mobile will acquire Ka’ena Corporation and its subsidiaries and brands: Mint Mobile, a successful direct-to-consumer (D2C) prepaid wireless brand in the US; Ultra Mobile, a unique wireless service offering international calling options to communities across the country; and wholesaler Plum. T-Mobile will pay up to a maximum of US$1.35 billion in a combination of cash and stock. Following the deal’s close, Mint's founders David Glickman and Rizwan Kassim will remain onboard at T-Mobile to manage the brands, which will generally operate as a separate business unit. Owner Ryan Reynolds will continue on in his creative role on behalf of Mint. Latham & Watkins LLP represents Ka’ena Corporation in the transaction with a corporate deal team led by New York partner Robert Katz and Bay Area partner Saad Khanani, with associates Ross Liemer, Brian Umanoff, Mack Weber, Josh Barkow, and Junda Yu. Advice was also provided on tax matters by Chicago partner Rene de Vera, with associate Christopher Ohlgart; on benefits and compensation matters by New York partner Jennifer Pepin, with associates Anne Bracaglia and Ryan Maamoun; on antitrust matters by Washington, D.C. partners Makan Delrahim and Farrell Malone and Washington, D.C. counsel Tara Tavernia, with associate Alex Kandalaft; on FCC regulatory matters by Washington, D.C. partner Jim Barker; on intellectual property matters by New York partner Jeffrey Tochner, with associates Sebastian Moss and Pelin Serpin; on data privacy matters by Houston/Austin counsel Robert Brown, with associate Kathryn Parsons-Reponte; on labor matters by Chicago partner Nineveh Alkhas; and on capital markets matters by Orange County partner Drew Capurro.~~

Mar 15

1 min