Kelley Drye Represents Creditors in Anchor Blue Bankruptcy

Kelley Drye has been retained as counsel to the Official Committee of Unsecured Creditors of Anchor Blue and certain of its debtor affiliates. Based in Corona, California, Anchor Blue operates apparel stores that sell affordable youth-oriented clothing and accessories bearing the Anchor Blue name. Anchor Blue operates approximately 115 stores in nine western and southwestern states, including Arizona, California and Texas.

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Simmons & Simmons Advises Dialog Semiconductor Plc on Cross Border TMT Acquisition

Simmons & Simmons has advised Dialog Semiconductor plc (Dialog), a leading provider of highly integrated power management semiconductor solutions for portable devices, on its acquisition of ELTX Holding B.V. (ELTX) for an enterprise value of US$ 86.5 million. ELTX is the holding company of SiTel Semiconductor B.V., a leader in short-range wireless, digital cordless and VOIP technology.

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Ashurst Advises on the Kingdom of Sweden’s Sale of US$2.94 billion Stake in Nordea

Ashurst is advising Nomura International, Morgan Stanley International and SEB Enskilda on their role in the Kingdom of Sweden’s sale of 255 million shares in Nordea Bank, the Nordic region’s largest lender. At SEK 74.5 per share, proceeds of 19 billion kronor (US$2.94 billion) were raised by way of an accelerated bookbuild directed at Swedish and international institutional investors.

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Clifford Chance Advises IVG Immobilien AG on Its Capital Increase

The international law firm Clifford Chance advised IVG Immobilien AG on its capital increase against contribution in cash from authorised capital, excluding any pre-emptive rights. Deutsche Bank and UBS were the joint lead managers and joint book runners of the transaction. Since 16 February 2011, the news shares are quoted on the Frankfurt Stock Exchange in the prime standard segment. The emission volume is at around 90 million Euros.

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Tags:  Clifford Chance LLP