Sullivan & Cromwell represented Tokio Marine Holdings.
Tokio Marine Holdings, Japan’s oldest and largest property and casualty insurance company, has agreed to acquire 100 percent of the outstanding shares of Privilege Underwriters, including Pure Group, for $3.1 billion in cash. Tokio Marine entered into the agreement through its subsidiary HCC Insurance Holdings.
The S&C team was led by corporate partner Robert DeLaMater (Picture), and included associates Emily Lichtenheld, Lisa Morales and Elizabeth Pompliano, executive compensation partner Matthew Friestedt, tax partner David Spitzer, intellectual property partner Nader Mousavi and international trade and investment partner Eric Kadel.
Involved fees earner: Robert DeLaMater – Sullivan & Cromwell; Matthew Friestedt – Sullivan & Cromwell; Eric Kadel – Sullivan & Cromwell; Nader Mousavi – Sullivan & Cromwell; David Spitzer – Sullivan & Cromwell;
Law Firms: Sullivan & Cromwell;
Clients: Tokio Marine Holdings, Inc.;