Nationally Recognized Financial Regulatory Attorney Leonard Chanin to Rejoin Morrison & Foerster as a Partner in its Washington, D.C. Office

Morrison & Foerster LLP announced today that Leonard Chanin will rejoin the firm as a Partner in its Washington, D.C. office as a member of the firm’s Financial Services Practice. Mr. Chanin is a recognized expert in the field of consumer financial protection, with extensive experience in regulation and supervision of the myriad of statutes affecting retail banking.

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Mayer Brown JSM Advised Swire Resources on JV with Columbia Sportswear in China

Mayer Brown JSM advised Swire Resources Ltd. on the formation of a multi-million retail joint venture in China with Columbia Sportswear Co. The formation of the joint venture is the culmination of the long-standing relationship between Swire Resources Ltd. and Columbia Sportswear Co. Swire Resources Ltd., a subsidiary of Hong Kong–based conglomerate Swire Pacific Ltd., has been the exclusive independent distributor of Columbia and Mountain Hardwear–branded products in China and Hong Kong since 2004.

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Cahill – Seven Seas Cruises Completes $340 Million Credit Facility

Cahill represented Deutsche Bank as administrative agent and Deutsche Bank and Barclays Bank as lead arrangers in connection with the $340,000,000 credit facility comprised of a $300,000,000 Term B loan and a $40,000,000 revolving credit facility for Seven Seas Cruises S. de R.L. and SSC Finance Corp. Proceeds from the facilities will be used to refinance existing indebtedness and for general corporate purposes.

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Tags:  Cahill Gordon & Reindel LLP | New York

Herbert Smith Advises CNOOC on Its 25% Participating Interest in Shell’s Offshore Exploration Blocks in Gabon

Herbert Smith has recently advised China National Offshore Oil Corporation (“CNOOC”) on its acquisition of a 25% participating interest of Shell’s offshore exploration blocks BC9 and BCD10 in Gabon (“Transaction”), Africa. CNOOC will reimburse Shell for 25% of certain part of the exploration costs and carry part of the future exploration costs. Shell will remain operator with a 75% participating interest. The Transaction was announced on 25 July 2012 and is subject to government approval.

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Tags:  Herbert Smith Freehills LLP | Hong Kong

Former WellCare Executive Rejoins King & Spalding

John C. Richter, 48, formerly vice president and deputy general counsel at WellCare Health Plans, Inc., is rejoining King & Spalding as a partner in its special matters and government investigations practice in Washington, D.C., effective September 4, the firm announced today. Richter, a veteran prosecutor with more than 20 years of legal experience, will focus primarily on health care investigations and qui tam cases.

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Clifford Chance Advises on the EUR 750 Million Financing of a 450 MW Lignite-fired Power Plant in Tufanbeyli, Turkey

The international law firm Clifford Chance together with its associate firm Yegin Legal Consultancy advised Société Générale, London Branch as Structuring Bank and Bookrunner on the signing of a EUR 142 million commercial loan facility and a EUR 608 million loan facility backed by the Korea Trade Insurance Corporation (KSure) to finance the development and construction of a 450 megawatt lignite-fired power plant and associated lignite mine and limestone quarries, to be located near Tufanbeyli, Adana in the Republic of Turkey. The Borrower, EnerjiSA Enerji Üretim A.Ş., is sponsored by VERBUND AG and Hacı Ömer Sabancı Holding A.Ş.

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