Sutherland Energy Trading Practice Continues Growth; Adds Partner Steven H. Scheinman in New York

Sutherland Asbill & Brennan LLP is pleased to announce that Steven H. Scheinman has joined the firm as a partner in the Energy and Environmental Practice Group in New York. Mr. Scheinman most recently served as executive vice president, general counsel and chief compliance officer of Louis Dreyfus Highbridge Energy LLC (LDHE) where he was responsible for all legal, regulatory and compliance matters for the energy trading firm. Prior to LDHE, Mr. Scheinman was a corporate partner in the New York office of Akin Gump Strauss Hauer & Feld LLP.

More >>

Tags:  Eversheds Sutherland | New York

Bennett Jones Opens a Third Gulf Office

Building on our commitment to serve our clients in the Arabian Gulf region, Bennett Jones has established a legal practice in the Qatar Financial Centre in Doha, Qatar, one of the world’s leading international financial centres. Bennett Jones is the only Canadian law firm licensed by the Qatar Financial Centre Authority. The firm’s expertise in corporate law and energy, oil and gas, aircraft and project financings both conventional and Islamic, commercial transactions, infrastructure and project development, foreign investment and finance, allows us to better serve our clients in Qatar and the Gulf region. The firm also has offices in Dubai and Abu Dhabi in the United Arab Emirates.

More >>

Tags:  Bennett Jones LLP

Hogan Lovells Advises on $1.5 Billion Oil Financing Deal for Petroleos de Venezuela

Hogan Lovells announced today that an international team of its lawyers advised on a US$1.5 billion oil-backed prepayment financing between its client Petroleos de Venezuela and Industrial and Commercial Bank of China Limited (ICBC). The financing closed on 27 February following two months of collaboration among a team of Hogan Lovells lawyers in Beijing, Caracas, London, and Washington, D.C.

More >>

Tags:  Hogan Lovells

Simpson Thacher Represents the Managers in $1 Billion Senior Notes Offering by The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Simpson Thacher’s Tokyo office recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated in an offering of $1 billion 2.35% Senior Notes due 2017 of The Bank of Tokyo-Mitsubishi UFJ, Ltd (“BTMU”). The offering was conducted pursuant to Rule 144A and Regulation S. The bonds are listed on the Singapore Stock Exchange.

More >>

Tags:  Simpson Thacher & Bartlett LLP | Tokyo

Simpson Thacher Represents Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. in $350 Million Senior Secured Second Lien Notes Offering

Simpson Thacher recently represented Energy Future Intermediate Holding Company LLC (“EFIH”) and EFIH Finance Inc., direct, wholly-owned subsidiaries of Energy Future Holdings Corp. (“EFH Corp.”), formerly known as TXU Corp., in their issuance and sale of $350,000,000 aggregate principal amount of 11.750% Senior Secured Second Lien Notes due 2022. The issuers intend to dividend a portion of the net proceeds from the offering to EFH Corp., and EFH Corp. intends to use the funds it receives from EFIH to repay a portion of certain inter-company demand notes. The issuers intend to use the remaining net proceeds for general corporate purposes.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Sidley Austin LLP Expands Project Finance Practice in Washington D.C. with the Addition of Timothy J. Moran

Sidley Austin LLP is pleased to announce that Timothy J. Moran will join the firm as a partner in the project finance practice in Washington, D.C. Mr. Moran’s practice focuses on infrastructure project development and finance, where he represents lenders, project sponsors and developers in the development, financing, acquisition and sale of infrastructure projects located in North America, Central and South America, Europe, the Middle East and Africa. Mr. Moran’s projects include alternative energy (wind, solar and biomass), coal and natural gas-fired facilities, natural gas storage facilities, LNG projects and natural gas pipelines.

More >>

Tags:  Sidley Austin LLP