WFW Advises Teekay LNG Partners LP and Marubeni Corporation on Their $1.4bn Acquisition of AP Moller Maersk’s LNG Shipping Fleet

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised a joint venture formed by its long term client Teekay LNG Partners LP, and Marubeni Corporation, on its successful bid to acquire of A.P. Moller Maersk’s LNG shipping fleet, at a value of $1.4bn. Teekay will have 52% of the joint venture.

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Tags:  Watson Farley & Williams LLP

Milbank Represents Initial Purchasers in US$1.25 Billion Notes Offering by BAE Systems

International law firm Milbank, Tweed, Hadley & McCloy LLP represented Deutsche Bank Securities Inc., Goldman Sachs & Co., Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as initial purchasers, in the offering by BAE Systems plc of notes under Rule 144A and Regulation S, to raise net proceeds of approximately US$1.24 billion. The notes consist of US$350 million of five-year notes paying 3.50%, US$500 million of ten-year notes paying 4.75% and US$400 million of thirty-year notes paying 5.80% (the “Notes”). BAE’s long term credit rating is Baa2 (Moody’s) and BBB+ (S&P).

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Shearman & Sterling Advises on Thomson Reuters’ $350 Million Debt Offering

Shearman & Sterling represented Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and RBS Securities Inc., as joint bookrunning managers and representatives of the several underwriters, in connection with a registered public offering of $350 million aggregate principal amount of investment grade 3.95% Notes due 2021 by Thomson Reuters Corporation. Thomson Reuters Corporation is a leading source of intelligent information for the world’s businesses and professionals.

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Tags:  Shearman & Sterling LLP | New York

Ronald Sum Brings Significant Maritime, International Trade, and Insurance Experience to the Firm’s Hong Kong Office

Blank Rome is pleased to announce that Ronald Sum has joined Blank Rome Solicitors in Hong Kong as Partner. He will be affiliated with the Firm’s International and Maritime Litigation and Alternative Dispute Resolution group.  Mr. Sum has practiced law in Hong Kong for more than 15 years and has conducted court proceedings on a global scale. He has litigation, arbitration, and mediation experience in Hong Kong, England, and the United States.

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Tags:  Hong Kong

Raskin, Morvillo, O’Callaghan to join Clifford Chance in New York

Leading international law firm Clifford Chance today announced that David Raskin, Christopher J. Morvillo, and Edward C. O’Callaghan are joining the firm as Litigation partners in New York.  Having previously served together as federal prosecutors in the United States Attorney’s Office for the Southern District of New York, Raskin, Morvillo and O’Callaghan will be reuniting at Clifford Chance in early November to strengthen the firm’s New York-based White Collar, Regulatory Enforcement and Government Investigations practice group.

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Tags:  New York