A team at Olswang has successfully agreed the sale of OFI Private Equity Capital to Eurazeo, one of Europe’s leading investment companies. OFI Private Equity Capital is a NYSE Euronext-listed French investment company specialising in SME majority investments. In acquiring the private equity house, Eurazeo deepens its support of French SMEs whilst strengthening its position in the French and European private equity markets across a number of sectors.

Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it is advising China Everbright Limited (“China Everbright”), a financial services company whose shares are listed on the Hong Kong Stock Exchange, in the disposal of 51% of the share capital of Everbright Securities (International) Limited to Everbright Securities Company Limited (“Everbright Securities”), a financial services company whose shares are listed on the Shanghai Stock Exchange, for a consideration of approximately US$114 million.

International law firm Eversheds has advised Private Equity house ECI Partners on its investment in Reed & Mackay, the leading provider of strategic travel management services.

Loeb & Loeb LLP, along with co-appellate counsel Bose McKinney and Roberts, achieved a significant class action defense victory on behalf of the National Collegiate Athletic Association (NCAA) April 21, 2011, when the Indiana Supreme Court ruled that the NCAA’s ticket distribution process does not constitute an illegal lottery under Indiana law.

WOLF THEISS, one of the leading law firms in Central, Eastern and Southeastern Europe, has advised Erste Bank der oesterreichischen Sparkassen AG (Erste Bank Austria) and Erste Bank Hungary Zrt. (Erste Bank Hungary) on the acquisition of Intermarket Bank AG, Austria’s biggest factoring bank.

International law firm Freshfields Bruckhaus Deringer is pleased to announce a number of significant changes to further strengthen its China team, reflecting the strategic importance of China to the firm.

McDermott Will & Emery is pleased to announce the expansion of its international platform with the opening of its office in Paris on May 2, 2011.  With Paris, McDermott now has seven offices across Europe, including Brussels, London, Milan, Rome, Düsseldorf and Munich.

The Federal Trade Commission (FTC) today announced that it has dismissed an antitrust case surrounding Laboratory Corp. of America’s $57.5 million purchase of Westcliff Medical Laboratories Inc., a rival provider of laboratory services in California. LabCorp was represented in this matter by Hogan Lovells.

Davis Polk advised The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch, Pierce, Fenner & Smith Incorporated, The Royal Bank of Scotland plc, Standard Chartered Bank, UBS AG and Samsung Securities Co., Ltd. as underwriters in connection with an SEC-registered Schedule B debt offering by The Export-Import Bank of Korea (KEXIM) of US$700 million aggregate principal amount of its 3.75% notes due 2016.