Cadwalader, Wickersham & Taft LLP, a counselor to corporations and financial institutions, advised a leading global financial institution on its recent $200 million, tranched, multi-currency revolving loan facility to an affiliate of Callidus Capital Corporation. The facility become effective concurrently with a restructuring of Callidus’ existing term debt and an initial public offering of 18,000,000 common shares of Callidus at a price of $14.00 per common share for aggregate gross proceeds of $252 million.

More >>

Akin Gump advised the conflicts committee of El Paso Pipeline Partners, L.P.’s (EPB) general partner, El Paso Pipeline GP Co. LLC, in a deal in which EPB said it will acquire Kinder Morgan, Inc.’s 50 percent stake in Ruby Pipeline, 50 percent stake in Gulf LNG and 47.5 percent stake in Young Gas Storage. The transaction is valued at approximately $2 billion, including $1.012 billion of proportionate debt at Ruby and Gulf LNG, resulting in an equity purchase price of $972 million.

More >>

Today [1 May 2014] Berrymans Lace Mawer and HBM Sayers formally have combined as BLM, a £100m business  that will be  the UK and Ireland’s leading risk and insurance law firm with 170 partners, 630 lawyers and technical experts, and 1,550 employees spread across 12 offices across England, Ireland, Scotland and Wales.

More >>