Noah Carr

Noah Carr

Partner

Tokyo, 81 3 3214 6522

Education

New York University (B.A., 2003)
Columbia Law School (J.D., 2008)

Bar Admissions

New York
Japan (Gaikokuho-Jimu-Bengoshi)

Noah Carr is a partner in Morrison & Foerster’s Corporate Department and resident in the firm’s Tokyo Office. Mr. Carr’s practice focuses on acquisitions, investments and strategic transactions in the financial, technology and telecommunications industries.

Mr. Carr’s M&A experience includes cross-border acquisitions, strategic and financial investments and joint ventures around the world. Recent outbound transactions led by Mr. Carr include award-winning deals in India, as well as acquisitions of and investments into businesses in China, Indonesia, South Korea and across the United States.

Mr. Carr earned his J.D. in 2008 from Columbia Law School, where he was a three-year Harlan Fiske Stone scholar, and his B.A. from New York University in 2003. Mr. Carr is admitted to practice law in New York and is qualified as a Gaikokuhō-Jimu-Bengoshi in Japan. Mr. Carr previously practiced in Morrison & Foerster’s Hong Kong office.

Representative Transactions

  • SoftBank’s £24.3 billion ($31.4 billion) acquisition of ARM Holdings plc.
    Represented SoftBank on its £24.3 billion ($31.4 billion) acquisition of UK-based semiconductor and software design company ARM Holdings plc. The transaction is the largest ever cross-border acquisition by a Japanese company (as well as the largest ever all cash investment into the United Kingdom).

  • SoftBank’s $627 million investment in Snapdeal. 
    Represented SoftBank Group Corp. in its $627 million investment in Snapdeal, India’s largest online marketplace, which was named Technology, Media & Telecommunications “Deal of the Year” by The Asian Lawyer.

  • Toshiba’s joint fab with SanDisk for manufacture of 3D flash memory. 
    Represented Toshiba in its arrangements with SanDisk for joint production of next-generation 3D BiCS Flash memory. This included the extension and renegotiation of the parties' "Flash Partners" joint venture; the construction and funding of additional facilities and cleanroom space in Yokkaichi, Japan; and related commercial, IP, and environmental matters.

  • SoftBank’s $21.6 billion acquisition of Sprint.
    Represented SoftBank in its $21.6 billion acquisition of a 78% interest in U.S. wireless operator Sprint. The transaction was the largest U.S. M&A transaction of 2012. It is also the second largest cross-border acquisition by a Japanese company (second only to SoftBank’s proposed acquisition of ARM Holdings).

  • Alibaba’s restructuring of its financial services business. 
    Represented SoftBank in the restructuring of Alibaba’s financial services businesses. The restructuring, undertaken in preparation for Alibaba’s IPO, secured and extended Alibaba’s long-term economic participation in Alipay and its broader financial services business.

  • Hike’s initial $65 million fundraising.
    Represented Hike Limited, developer of India’s leading messaging platform, and its Singapore parent in Hike’s initial outside financing, a $65 million round valuing Hike at $350 million.

  • Rakuten's Joint Venture with Baidu, Inc.
    Represented Rakuten, Japan’s largest online retailer and the world’s second largest internet retailer by revenues, with respect to its China e-commerce joint venture with Baidu, Inc., the leading Chinese language search provider and web services company.

  • Alibaba’s initial public offering on the NYSE.
    Represented SoftBank, Alibaba’s largest shareholder, in Alibaba’s initial public offering of American Depository Shares on the New York Stock Exchange. The IPO was the largest ever IPO on the NYSE, initially valuing Alibaba at $168 billion.

  • SoftBank’s $2 billion acquisition of Brightstar. 
    Represented SoftBank in its two-step acquisition of Miami-based Brightstar Corp., the world's largest specialized wireless distributor.

  • Sprint’s $4 billion take private of Clearwire.
    Represented SoftBank in connection with the acquisition by Sprint Nextel of the approximately 50% of the equity of Clearwire Corporation that Sprint does not already own for a purchase price of approximately $4 billion, resulting in a total Clearwire enterprise value of approximately $14 billion.

  • SoftBank’s $1 billion investment in Coupang. 
    Represented SoftBank in its $1 billion investment in Coupang, the fastest growing standalone e-commerce player in Korea. This is the largest-ever Internet investment in South Korea.

  • SoftBank’s investment in KuaiDi Dache. 
    Represented SoftBank in its investment in KuaiDi Dache, a leading mobile taxi booking app provider in China. The $600 million financing round also included Alibaba and Tiger Global.

  • MUFG's $5 billion combination of its securities business with Morgan Stanley (Japan).  Represented Mitsubishi UFJ Financial Group (MUFG) in the $5 billion combination of its securities business, Mitsubishi UFJ Securities Co, Ltd. (MUS), with Morgan Stanley Japan to form one of Japan's 4 largest investment banks.

  • Alibaba’s $4 billion restructuring of Alipay.com.
    Represented SoftBank in the Alibaba Group's $4 billion restructuring of its holdings in Alipay, China's largest online payment system, to address regulatory requirements relating to foreign ownership of online payment systems in China.

  • Toshiba’s $2 billion “Flash Forward” joint venture.
    Represented Toshiba in its $2 billion joint venture with SanDisk to develop and manufacture new state of the art NAND flash memory devises in Yokkaichi, Japan.  Also represented Toshiba in restructuring the parties’ prior flash memory joint ventures, including in Toshiba’s acquisition of $1.8 billion of equipment from the joint ventures.

  • SoftBank’s India internet investments. 
    Represented SoftBank in its series of recent India internet investments, including in its $200 million investment in InMobi Pte. Ltd., a mobile advertising and payment technology company based in Bangalore, and as the lead investor in the $120 million Series C financing of Grofers International Pte. Ltd., an express delivery online marketplace application, the $90 million Series C financing of Locon Solutions Pvt. Ltd., a Mumba-based online real estate portal, the $100 million Series X financing of OYO Rooms, a budget hotel aggregator, and the $210 million Series E financing of Ola Cabs, the leading Indian taxi aggregator. 

Mr. Carr is recommended in the field of Corporate/M&A in The Legal 500 Asia Pacific 2017.

Email Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

©1996-2017 Morrison & Foerster LLP. All rights reserved.