Faegre & Benson Advises FleetCor on €300 Million Deal With Shell

International law firm Faegre & Benson LLP has advised existing client FleetCor, a leading independent global provider of specialised payment products and services, on a 10-year, €300 million (£253 million) contract to support Shell’s Commercial Fleet fuel cards programme in Europe and Asia. The deal involves FleetCor teaming up with Logica, a leading business and technology service company, to deliver the service to Shell.

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Tags:  Faegre Drinker Biddle & Reath LLP

Company Convicted in First Corporate Manslaughter Trial and Fined £385,000

The Gloucestershire-based company, Cotswold Geotechnical Holdings Ltd, has been convicted of corporate manslaughter in the first trial to test the new Corporate Manslaughter Act and to successfully convict a company without the need to also prosecute the company director, Mr Eaton. The company was sentenced on Thursday 17 February, and has been fined £385,000 payable over 10 years.  In his sentencing remarks Mr Justice Field who heard the case, commented that he was aware a fine of this size was likely to put the company into liquidation but that the fine he imposed must be fit for the level of gravity of the offence and send a clear message to the industry.

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Davis Polk to Open Office in São Paulo

Davis Polk today announced that in 2011 it will open an office in São Paulo, Brazil, subject to the approval of Brazilian authorities. Davis Polk partners Manuel Garciadiaz and Maurice Blanco – both already established as leading U.S. lawyers in Brazil – will lead the São Paulo office.

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Tags:  Davis Polk & Wardwell | Sao Paulo

DLA Piper Opens Miami Office and Announces Agreement with Law Firm Interjuris Abogados in Venezuela

Representing the next steps of the firm’s strategic plan for Latin America, DLA Piper today announced that effective March 1 it will open a Miami office with the addition of leading international arbitration lawyers Pedro J. Martinez-Fraga and C. Ryan Reetz. Both intend to join DLA Piper effective March 1 from Squire Sanders & Dempsey where Martinez-Fraga served as head of that firm’s International Dispute Resolution practice in Florida and Latin America.

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Tags:  DLA Piper | Miami

Shearman & Sterling Advises on The GEO Group, Inc.’s $300 Million Senior Notes Offering in Connection with the Financing of its Acquisition of B.I. Incorporated

Shearman & Sterling represented the initial purchasers in connection with a private placement of $300 million aggregate principal amount of The GEO Group, Inc.’s (“GEO”) 6⅝% Senior Notes due 2021 pursuant to Rule 144A and Regulation S. Proceeds from the sale, along with additional borrowings under GEO’s credit facility, were used to fund GEO’s concurrent acquisition of BII Holding Corporation, the owner of B.I. Incorporated.

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United Western Bancorp Sues Office of Thrift Supervision and Federal Deposit Isurance Corporation

Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm has filed suit on behalf of the outside directors of the Denver-based holding company United Western Bancorp against the Office of Thrift Supervision (“OTS”) and the Federal Deposit Insurance Corporation (“FDIC”) for improperly seizing United Western Bank (“United Western”).

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Tags:  Denver

Clifford Chance Advises Sea Trucks Group on Its US$200 Million Pre-QPO Convertible Bonds

Global law firm Clifford Chance has advised Sea Trucks Group (“Sea Trucks”), the Nigerian oil and gas contractor, on its issuance of US$ 200 million secured pre-QPO guaranteed convertible bonds due 2015  The Bonds were offered to institutional investors and listed on the Singapore Stock Exchange. In the event of a Qualified Public Offering (“QPO”) the Bonds will, subject to bondholders electing to take cash, be automatically converted into shares of the relevant QPO company.     Sea Trucks, is one of the largest and fastest growing oil and gas marine contractors in West Africa.

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Tags:  Clifford Chance LLP