The U.S. District Court for the Southern District of New York today announced an approved $218 million settlement on behalf of Bernard L. Madoff investors in a suit filed against JPMorgan Chase Bank, N.A. and its parents, subsidiaries and affiliates. Hagens Berman represented the Investors.

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Allen & Overy acted as Australian and international counsel to the export credit agencies and commercial lenders on the financing of the integrated Roy Hill iron ore project, the world’s largest ever project financing in the mining sector.

The project sponsors, namely Hancock Prospecting, Marubeni, POSCO and CSC recently announced the finalisation of the USD7.2 billion project financing arrangements, which completes the funding package required to construct the USD10 billion project.

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Simpson Thacher is representing JPMorgan Chase & Co. (NYSE: JPM) in connection with the announced sale of its physical commodities business to Mercuria Energy Group Limited, a global energy and commodities trading company, for $3.5 billion. The all-cash transaction is expected to close in the third quarter of 2014, subject to regulatory approvals.

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Clifford Chance advised the joint lead managers on the bond issue of Aareal Bank AG, Wiesbaden, with a volume of EUR 300 million.

The bond consists of Subordinated Callable Fixed Rate Reset Notes with scheduled maturity in March 2026.

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Davis Polk advised Tango on a $280 million round of financing led by the Alibaba Group at $215 million, with the additional $65 million coming from some of Tango’s prior investors.

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International law firm Freshfields Bruckhaus Deringer has advised Hong Kong conglomerate Hutchison Whampoa on the establishment of a strategic alliance between its subsidiary A.S. Watson Holdings (AS Watson) and Temasek.

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Canadian private equity firm Onex Corporation (TSX; OCX) today announced that it has signed a definitive agreement to sell The Warranty Group, Inc., a leading global provider of warranty solutions and related programs, to private equity firm TPG for an enterprise value of approximately $1.5 billion.  Kaye Scholer is advising long-term client Onex and The Warranty Group on legal matters related to the transaction.

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Linklaters LLP has represented Marfrig Overseas Limited in connection with the reopening of its 9.50% senior notes due 2020.  The further issuance of US$275m 9.50% senior notes due 2020 will be consolidated with, and form a single series with, the US$500m principal amount of the notes that were originally issued on May 4, 2010. This was the third bond issuance on which Linklaters advised Marfrig in the past two years. More >>

Paul Hastings LLP, a leading global law firm, represented RBC Capital Markets, LLC in connection with the commitments for the $1.6 billion financing of, leading local television broadcast company, Media General Inc.’s proposed acquisition of Lin Media LLC, local multimedia company. More >>

Simpson Thatcher recently represented the underwriters led by Goldman Sachs (Asia) L.L.C. and Deutsche Bank Securities Inc. in connection with concurrent offerings by Vipshop Holdings Limited (“Vipshop”) of US$632.5 million aggregate principal amount of 1.50% Convertible Senior Notes due 2019 (the “Notes”)  (which includes $82.5 million aggregate principal amount of the Notes pursuant to the underwriters’ exercise of the over-allotment option) and 1,311,000 American depositary shares (the “ADSs”) (which includes 171,000 ADSs pursuant to the underwriters’ exercise of the over-allotment option), representing 2,622,000 ordinary shares, from certain shareholders of Vipshop for an aggregate of approximately US$188.4 million.

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