Nicholas Casiello and Patrick Madamba, attorneys with the national law firm of Fox Rothschild LLP, recently led the team who represented MGM Resorts International through the process of obtaining a finding of suitability for a proposed casino in Springfield, MA. MGM’s anticipated project, if approved, is estimated to cost in excess of $800 million.
Freshfields advises Zhongsheng Group on US$728m investment by Jardine Strategic
International law firm Freshfields Bruckhaus Deringer has advised Zhongsheng Group Holdings Limited (“Zhongsheng Group”) in relation to the proposed US$728m strategic investment by Jardine Strategic Holdings Limited (“Jardine Strategic”). More >>
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Reed Smith advises on largest ever real estate transaction in Greece for Invel Real Estate Partners
Global law firm Reed Smith announces that a team led by Panos Katsambas and Thomas D. Gommes advised Invel Real Estate Partners (Invel) on its acquisition of a 66% stake in NBG Pangaea Real Estate Investment Company (Pangaea) from the National Bank of Greece (NBG) for approximately €653 million.
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Simpson Thacher Acts as Deal Counsel in Representing Underwriters in €500 Million Notes Offering by Korea Gas Corporation
Simpson Thacher recently represented the underwriters as the sole international counsel, led by Barclays, BNP Paribas, Credit Agricole, Deutsche Bank, Goldman Sachs and UBS, in connection with an offering in reliance of Regulation S of €500,000,000 2.375% Seniors Notes due 2019 by Korea Gas Corporation under its US$5 billion global medium term notes program. The notes were listed on the Frankfurt Stock Exchange. Korea Gas Corporation is a government-controlled distributor of natural gas in Korea.
Tags: Simpson Thacher & Bartlett LLPSimpson Thacher Represents the Dealers in Connection with Sumitomo Mitsui Banking Corporation’s Establishment of Its US$50 Billion Global Medium Term Notes Program and US$3 Billion Senior Notes Offering Thereunder
Simpson Thacher recently represented the dealers in connection with Sumitomo Mitsui Banking Corporation’s establishment of its US$50,000,000,000 Global Medium Term Notes Program (the “Program”) and the offering of US$3 billion of senior notes thereunder, guaranteed by the bank’s New York branch. The senior notes were offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act. SMBC Nikko Capital Markets Limited; Barclays Bank PLC, Citigroup Global Markets Inc.; Deutsche Bank Securities Inc.; Goldman, Sachs & Co.; J.P. Morgan Securities LLC;, Merrill Lynch, Pierce, Fenner & Smith Incorporated; Merrill Lynch International and SMBC Nikko Securities America, Inc. are dealers under the Program. Goldman, Sachs & Co., Barclays Bank PLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC and SMBC Nikko Capital Markets Limited acted as the representatives for the initial offering of notes.
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Partner with Strong Banking and Restructuring Experience Joins Latham & Watkins in Hong Kong
Latham & Watkins is pleased to announce that Howard Lam has joined the firm’s Hong Kong office as a partner in the Finance Department. Lam’s practice focuses on banking, cross-border debt restructuring and insolvency work, and complex financing transactions. Lam has advised banks, private equity funds and corporates in Hong Kong and mainland China on high profile financings and restructurings across Asia and Europe.
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McDermott Expands Energy Advisory Group’s Transactional Capabilities
International law firm McDermott Will & Emery announced that leading emerging markets and private equity lawyer, Daniel Chavez, has joined the Firm as a partner in the Energy Advisory Practice Group in the New York office. Prior to joining the Firm, Mr. Chavez was General Counsel and Corporate Secretary of Zaff Capital LP, a private equity firm specializing in emerging markets, with a focus on Latin America, the Middle East, and Africa.
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Cravath – Johnson & Johnson’s Offer from The Carlyle Group to Acquire Ortho-Clinical Diagnostics for $4.15 Billion
On January 16, 2014, Johnson & Johnson announced that it has received a binding offer from The Carlyle Group to acquire its Ortho‑Clinical Diagnostics business for US$4.15 billion. Cravath represented Johnson & Johnson in connection with this transaction. The acceptance period for the offer will end on March 31, 2014, unless extended. If the offer is accepted by Johnson & Johnson, the proposed transaction would be expected to close toward the middle of the year, pending fulfillment of certain conditions, including regulatory approvals and other customary closing requirements.
Tags: Cravath, Swaine & Moore LLP | New York
Paul Hastings Advises Nomura and Other Banks in Financing AsiaInfo-Linkage Inc.’s US$890 Million Go-Private
Paul Hastings, a leading global law firm, announced today that the firm represented Nomura, Bank of Taiwan, Cathay United Bank, Co., Ltd., ICBC International Capital Limited and Maybank Investment Bank Berhad as mandated lead arrangers in the US$330 million term loan facility for AsiaInfo-Linkage, Inc.’s (“AsiaInfo “) US$890 million going-private transaction managed by a consortium led by Chinese private equity company CITIC Capital Partners (“CITIC”). AsiaInfo is China’s leading provider of telecommunication software solutions.
Tags: Paul Hastings, LLP | Hong Kong
Jones Walker Expands Affordable Housing Practice with Addition of Toni Jackson
Antoinette “Toni” M. Jackson has joined Jones Walker LLP’s Real Estate Practice Group as a partner and is a member of the Affordable Housing team.
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