Allen & Overy LLP continues to expand its corporate practice with the appointment of real estate specialist Jochen Scheel as a partner in its Frankfurt office. Jochen Scheel will join from Paul Hastings, where he built up the real estate practice, heading it as a partner for the past nine years. His exact start date is yet to be confirmed.
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International law firm McDermott Will & Emery LLP represented Silver Eagle Acquisition Corp. (Nasdaq: EAGLU), a special purpose acquisition company (SPAC), in its initial public offering of 32,500,000 units, which closed on July 30, 2013. The units were sold at an offering price of $10.00 per unit for gross proceeds of approximately $325 million. This is the largest amount raised in an IPO by a U.S. SPAC in over seven years. Deutsche Bank Securities Inc. acted as the sole book running manager and representative of the underwriters of the offering.
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Herbert Smith Freehills has advised the Commonwealth Bank of Australia (CBA) on the A$280 million acquisition finance facilities provided to RCR Tomlinson Ltd with funds used to complete the acquisition of Norfolk Group Limited by way of a scheme of arrangement.
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Global law firm Eversheds has appointed former Sidley Austin London IP and Life Sciences Head, Brett Rowland as a Partner in its London office.
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