The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Weil Gotshal Silicon Valley managing partner Craig Adas advised long-standing client Getty Images on the $2.4bn (£1.22bn) transaction. Davis Polk & Wardwell partner Dan Kelly advised founder and chairman, Mark Getty.
The deal will see Getty shareholders receive $34 (£17.21) per share. The photographic distributor announced it was exploring sale opportunities last month.
Adas said: "Getty is a very good client for the firm and I have been working closely with them since 1999. The relationship came from Mike Francies in London. When the company relocated its headquarters to Seattle we started to work with them from this office."
While Weil Gotshal acted for the target in this instance, its Silicon Valley office serves a number of private equity clients including Bridgepoint and Genstar Capital.
Simpson Thacher New York-based partner Brian Stadler and Silicon Valley partner Chad Skinner led the firm's team advising private equity group Hellman & Friedman on the Getty buy out.
The firm has been instructed on a number of mandates for Hellman & Friedman including its acquisition of 48 per cent of business services company Emdion Business Services earlier this month.