Paul Hastings Advises Underwriters on Travellers’ US$405 Million Philippine IPO

Paul Hastings, a leading global law firm, announced today that it advised the international underwriters on the US$405 million initial public offering by Travellers International Hotel Group, Inc. (“Travellers”) and the listing of its shares on the Philippine Stock Exchange. Travellers, a joint venture between Genting Hong Kong Limited and Philippine conglomerate Alliance Global Group, Inc., is the developer and operator of Resorts World Manila, the first integrated tourism resort in the Philippines. The IPO proceeds will be used to expand Resorts World Manila.

More >>

Tags:  Paul Hastings, LLP | Hong Kong

Paul Hastings Secures Antitrust Settlement on Behalf of American Airlines

Paul Hastings LLP, a leading global law firm, announced today that it successfully advised Fort Worth, Texas-based AMR Corporation’s American Airlines Inc. in the settlement that resolved the antitrust action brought by the U.S. Department of Justice (DOJ), the States of Arizona, Florida, Michigan and Tennessee, the Commonwealths of Pennsylvania and Virginia, and the District of Columbia challenging the merger of AMR and US Airways Inc. The settlement allows American Airlines and US Airways to proceed with their planned $17 billion merger, which will create the world’s largest carrier by passenger volume.

More >>

Tags:  Paul Hastings, LLP

Willkie Represents Institutional Investors in Private Placement of $700 Million of Senior Secured Notes by Affiliates of Rolls-Royce plc

On October 30, 2013, a U.K. and a U.S. affiliate of Rolls-Royce plc jointly issued $700 million of their senior secured notes in five series (comprised of fixed and floating rate notes) to a group of 21 institutional investors, including New York Life, MetLife, TIAA-CREF and Prudential, among others. Willkie represented the investors in connection with the private placement.

More >>

Tags:  Willkie Farr & Gallagher LLP | New York

Southern District of New York Federal Prosecutor Jeffrey Alberts Joins Pryor Cashman

Pryor Cashman LLP is pleased to announce that Jeffrey Alberts has joined the firm as a partner and leader of the White Collar Defense and Investigations Practice.  He joins Pryor Cashman from the U.S. Attorney’s Office for the Southern District of New York, where he served for six years as an Assistant U.S. Attorney in the Criminal Division and played a key role in the Asset Forfeiture Unit.

More >>

Tags:  Pryor Cashman LLP | New York

Morrison & Foerster Represents Global Logistic Properties in Formation of $3 Billion China Logistics Fund

Morrison & Foerster has represented an affiliate of Global Logistic Properties Limited, Asia’s largest provider of modern logistics facilities, in the formation of  the world’s largest China-focused logistics infrastructure fund. The fund has been formed for the primary purpose of developing, owning and managing a diversified portfolio of institutional quality logistics facilities within target markets in the People’s Republic of China.

More >>

Tags:  Morrison & Foerster LLP | Singapore

Holland & Knight Represents Eletson Holdings in $700 Million Joint Venture

Holland & Knight represented Eletson Holdings, who with funds managed by Blackstone Tactical Opportunities, formed a new joint venture, Eletson Gas, a $700 million liquefied petroleum (LPG)/ liquefied ethylene (LEG) gas shipping company. Eletson Gas will have one of the world’s newest and largest LPG/LEG fleets, majority-owned by Eletson and operated and managed by Eletson Holdings subsidiaries.  New York partner Jovi Tenev led the Holland & Knight team in the representation.

More >>

Tags:  Holland & Knight LLP | New York