Paul Hastings, a leading global law firm, announced today that it represented First Gen Corporation (“First Gen”), the largest vertically integrated power producer in the Philippines, in its US$360 million acquisition of BG Group’s (“BG”) power assets in the Philippines. First Gen’s wholly-owned subsidiary, Blue Vulcan Holdings Corp., acquired the entire outstanding capital stock of Lisbon Star Management Limited, a company incorporated in the British Virgin Islands, through which BG owned 40% stakes in the 1 GW Santa Rita combined-cycle natural gas-fired power plant, the 400 MW San Lorenzo combined-cycle natural gas-fired power plant and the corporate vehicle for the development of the San Gabriel power project.

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Paul Hastings, a leading global law firm, announced today that it represented First Gen Corporation (“First Gen”), the largest vertically integrated power producer in the Philippines, in its US$360 million acquisition of BG Group’s (“BG”) power assets in the Philippines. First Gen’s wholly-owned subsidiary, Blue Vulcan Holdings Corp., acquired the entire outstanding capital stock of Lisbon Star Management Limited, a company incorporated in the British Virgin Islands, through which BG owned 40% stakes in the 1 GW Santa Rita combined-cycle natural gas-fired power plant, the 400 MW San Lorenzo combined-cycle natural gas-fired power plant and the corporate vehicle for the development of the San Gabriel power project.

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Clifford Chance advised Hongkong and Shanghai Banking Corporation Limited who acted as lead manager in connection with the issue of bonds with a total volume of 1 billion Renminbi by KfW. The transaction is part of the KfW issue programme and is the first bond issued by KfW in the Chinese currency. The bond bears interest at a rate of 2% p.a. and its maturity is two years.

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Baker & McKenzie is advising the Yuexiu Group, a long-standing client of the Firm, on the proposed investment by Yuexiu Real Estate Investment Trust (“Yuexiu REIT”) in Guangzhou International Finance Center (the “Property”).

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Paul Hastings, a leading global law firm, announced today that it advised China Everbright International Limited (“China Everbright”), a company whose shares are listed on the Hong Kong Stock Exchange, on the disposal of its 80% interest in Greenway Venture Limited (“Greenway”) and its shareholder’s loan due from Greenway for approximately RMB384.8 million and HK$188.6 million respectively to TransGlobal (Asia) Holdings Limited.

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Davis Polk acted as U.S. law adviser to Warburg Pincus in connection with its investment in Quikr Mauritius Holding Private Limited. Existing investors Matrix Partners India, Norwest Venture Partners and eBay Inc. also participated in this round of fund raising, which is the fifth and the largest round of capital raised and involved an investment of $32 million.

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A team of attorneys from Akin Gump Strauss Hauer & Feld LLP has been retained by a special committee of Chinese pork and produce processor Zhongpin Inc. to evaluate a preliminary offer from the company’s CEO to buy out shareholders and take Zhongpin private.

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Global law firm White & Case LLP advised on the US$3 billion financing supporting the take private of Alibaba.com Ltd, China’s largest e-commerce company. This is the largest China ‘Holdco’ financing to date.

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Two partners are set to fill Hong Kong legal jobs for international law firm DLA Piper, according to a press release.

Joyce Chan and Heng Loong Cheong are leaving jobs closely associated with Dewey & LeBoeuf.

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International law firm O’Melveny & Myers tapped one of its own to head up its office in a China office, according to a press release.

David Johnson advances from being capital markets partner in Century City, Los Angeles, California, to a key Hong Kong legal job.

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