27 May 2016
Latham & Watkins has earned recognition as “Corporate Department of the Year” and “Global M&A Firm of the Year” in California by The Recorder, an American Lawyer Media publication. The honors are based on the outstanding transactional work led by the firm’s California-based lawyers during the past year “for clients running the gamut from startup to Fortune 500” companies, according to The Recorder.
“There's a little bit of everything at Latham & Watkins. And that's by design,” stated the Corporate Department of the Year profile. In addition to working with clients of all sizes, the firm was recognized for advising on deals that “spanned continents, currencies, time zones and regulatory bodies, and were often done under intense deadline pressures.” The firm was also cited for advising clients in hot industries for transactional work, particularly the technology, biotech and real estate sectors prevalent in California, in deals that have spanned practice areas including M&A, private equity, capital markets, emerging companies and technology transactions.
The Global M&A coverage noted that “in 2015, Latham's lawyers were everywhere,” advising on high-profile deals spanning markets from the Asia-Pacific and Middle East regions to countries such as Italy, France, Belgium, the United Kingdom and the United States. The Recorder cited the firm's representation of Allergan plc in the US$40.5 billion sale of its generic drug business to Israel’s Teva Pharmaceutical Industries; advising on the US$37 billion merger of Avago Technologies and Broadcom Corp., the largest M&A deal in the semiconductor sector to date; and executing the US$2.7 billion combination of Italian client Sorin SpA and US-based Cyberonics Inc. that resulted in the formation of a new company, LivaNova plc, dual-listed in the UK and US.
In addition, Latham Silicon Valley corporate partners Patrick Pohlen and Judith Hasko were named among a select group of “Trusted Advisors,” whom The Recorder described as the “lawyers clients turn to for strategic counsel and valued industry insights.”