Frost Brown Todd – Leading Attorneys Mark Sommer and Patrick Northam Make Strategic Move

Mark Sommer and Patrick Northam have joined Frost Brown Todd, resident in the firm’s Louisville office. Mark Sommer has an enormous reputation serving as counsel to Fortune 500 companies in navigating regional state tax and incentives issues. Patrick Northam is a top-notch corporate legal advisor to local, regional and national businesses, including numerous energy service companies. With the addition of these two seasoned attorneys, Frost Brown Todd expands upon its services to provide a one-stop shop for clients looking to take advantage of regional state tax and incentives and clients seeking counsel on complex corporate and transactional matters, including those in the growing energy industry. Both Sommer and Northam were in senior leadership roles of a major law firm in Louisville, KY.

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Tags:  Frost Brown Todd LLP

Paul, Weiss – Office Depot and OfficeMax Agree to $1.2 Billion Merger

Paul, Weiss clients PJ Solomon and Morgan Stanley acted as joint financial advisers to Office Depot in its agreement to merge with OfficeMax for $1.2 billion. Terms of the deal call for Boca Raton, Florida-based Office Depot to issue 2.69 shares for each share of OfficeMax, valuing the smaller company at $13.50 per share. Naperville, Illinois-based Officemax will have the ability to pay dividends of up to $131 million, or $1.50 per share, before closing.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York

Ashurst Advises on the Financing and Sale of the Fujairah Oil Terminal Project

Ashurst has advised Concord Energy Pte Ltd and its affiliates on the sale of a 50% interest in Fujairah Oil Terminal FZC (“FOT“) to Sinomart KTS Development Limited, which completed on 3 January 2013 and FOT on the USD 251,860,000 limited recourse financing of the project, provided by a syndicate of six international banks. The financing closed on 13 February 2013.

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Tags:  Ashurst | Singapore