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Baker & Daniels Creating Regional Office in South Bend
Baker & Daniels LLP has announced that, as part of its long-term growth strategy, it is consolidating its North Central Indiana practices into its South Bend office. The strategic initiative is a continuation of the firm's previously announced expansion of that office.

"By consolidating our practices into a regional model we will be better able to serve the needs of our clients, operate more efficiently and more quickly capitalize on business opportunities in what is becoming an increasingly regional marketplace," said Brian Burke, CEO and chairman of Baker & Daniels.

"Our previously announced investment in the expansion of our South Bend office makes it the ideal location to house our practices serving North Central Indiana," Burke continued. "Our goal is to deliver the very best client service possible and this strategic consolidation, which we expect to be completed in September, is an important step toward achieving that goal."

In April 2007, Baker & Daniels announced that it had signed a long-term lease for the top four floors of the KeyBank Building in downtown South Bend. The building is currently undergoing major renovation. The firm also has options for additional space in the building to accommodate future growth needs.

Richard L. Hill, managing partner of Baker & Daniels' South Bend office, said, "South Bend has become increasingly recognized as the center of commerce for North Central Indiana. Our long-term presence here coupled with our recent investments in people, technology and infrastructure ideally position us to provide top quality, client-focused service on a region-wide basis."

As part of the consolidation, the firm's operations currently being performed in its Elkhart office will be transferred to the South Bend office as will the majority of professional staff. The firm expects the transfer to be complete by the end of September.

08-24-2007

Jones Day advises Sunsuper in relation to its $A116 million acquisition of CFI
Jones Day has advised Sunsuper on its $A 116 million cash offer (subject to adjustment) to acquire Colonial First State Private Capital Limited (CFI). Sunsuper is a leading Australian superannuation (pension) fund with $A 12 billion of funds under management. CFI is an Australian Securities Exchange listed investment company with interests in various infrastructure and private equity assets, including Brisbane and Perth airports.

Sunsuper and CFI announced that they had entered into a Merger Implementation Agreement in respect of the transaction on 16 August 2007. The transaction will be effected by way of a Scheme of Arrangement between CFI and its shareholders. The Scheme is subject to, amongst other things, approval by the requisite majorities of CFI shareholders, and court approval. CFI shareholders will be asked to vote on the Scheme at a meeting that is expected to be held in November 2007.

The Jones Day team was led by Sydney partner Matthew Latham and associate Weyinmi Popo. The financial advisers to Sunsuper on the transaction are Barwon Investment Partners.

08-24-2007

Hank T. Wang Appointed to Serve as Vice President of University of Washington China Office
GSB is pleased to announce that Hank T. Wang, an Owner in the firm's Beijing office, was appointed by University of Washington President Mark A. Emmert to serve as Vice President of the University of Washington China office. On August 22, Emmert announced that the University of Washington will open an office in Beijing as part of an effort to expand its presence in China.

"Having a person of Hank Wang's experience and talent to lead our China office is essential to its future success," said UW Provost Phyllis Wise. "He brings considerable credibility to the seriousness with which we are pursuing greater engagement in China, and we are very pleased he is joining the University of Washington."

Wang will play a vital role identifying, promoting and enabling UW research and learning opportunities with Chinese universities, research institutes, government and industry. He also will manage a China-based staff that will facilitate the work of UW faculty, staff and students in connection with university programs related to China.

Wang is a 30-year international law veteran of Chinese origin trained in both the United States and China. In addition to his law practice at GSB, Wang is Professor of Law at Shantou University School of Law and Adjunct Professor of Law at China University of Law and Political Science.

08-23-2007

Lehigh UK Limited's $16 Billion Acquisition of Hanson Wins FTC Clearance
Acting as U.S. antitrust counsel for Hanson PLC, Cleary Gottlieb recently secured Federal Trade Commission clearance for Lehigh UK Limited's acquisition of Hanson, a transaction valued at approximately $16 billion.

Hanson and HeidelbergCement AG, the parent of Lehigh, are major suppliers of building materials in the U.S. and worldwide, with combined 2006 revenues in excess of $20 billion. On a worldwide basis, together they will become the largest producer of aggregates, the second largest producer of ready-mixed concrete, and the fourth largest producer of cement.

08-23-2007

Alcoa President and Chief Operating Officer in Employment Negotiations
Cleary Gottlieb represented Klaus Kleinfeld, the newly-elected president and chief operating officer of Alcoa, in his employment negotiations with Alcoa. Mr. Kleinfeld, 49, served most recently as President and Chief Executive Officer of Siemens AG, a global electronics and industrial conglomerate. Mr. Kleinfeld will have full responsibility for all operating activities of the company; he will be based in New York and take over his responsibilities on October 1.

Alcoa is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. The company has 116,000 employees in 44 countries and was named one of the most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland.

08-23-2007

Attorney Richard Hackett Appointed Vice Chair of ABA Committee on Consumer Financial Services
Attorney Richard Hackett, a partner at Pierce Atwood LLP, has been named Vice Chair of the Consumer Financial Services Committee of the Business Law Section of the American Bar Association (ABA).

As vice chair, Mr. Hackett’s first assignment will be to lead a group of attorneys as they revise the credit portions of the Family Legal Guide, a top-selling ABA publication that provides families with information concerning the law and real estate transactions, consumer protection, bankruptcy, personal injury, health care, retirement, wills & estates, home & auto ownership, and computers. The guide has sold over 100,000 copies.

The mission of the Consumer Financial Services Committee is to educate the bar regarding the new developments in consumer financial services law, including truth in lending and consumer disclosure, credit reporting, information security & identity theft, debt collection and consumer bankruptcy. The committee has 900 members and is one of the most active in the Business Law Section of the ABA.

Mr. Hackett is a leading attorney in New England involved in consumer financial services law and retail financial services regulation. His practice includes all aspects of state and federal regulation of retail financial products and sales, e-payments, regulation of financial service entities, and lending, deposit and insurance transactions. Mr. Hackett is also a member of the faculty of the Morin School of Banking Law at Boston University.

Mr. Hackett practices in Portland and Boston. He is a graduate of Dartmouth College and Cornell University Law School.

08-23-2007

Skadden Wins Landmark Case for Apartment Complex Owner
The Supreme Court of New York granted Skadden's motion to dismiss a putative class action that will have an enormous impact on the owners of rental properties in New York City. The firm represented the partnership between Tishman Speyer, one of the leading owners, developers and operators of real estate in the world, and BlackRock that purchased Stuyvesant Town and Peter Cooper Village, New York City’s largest apartment complex, for more than $5 billion at the end of 2006. In the closely watched case, the plaintiffs, current and former tenants of the apartment complex, contended that the property owner could not raise rents to market value while receiving certain tax benefits from the city.

08-23-2007

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