Hogan Lovells has advised the general partner of Trophy Property Development L.P. (the “Fund” or “Trophy Property“) on a restructuring of the Fund’s underlying real estate assets in China, and its internal management (the “Restructuring“).
Tags: Hogan Lovells | Hong Kong
Jerold B. Schnayer, a well-known intellectual property lawyer, has joined Locke Lord’s Chicago office as a Partner in the IP Litigation Practice Group.
Tags: Locke Lord LLP
Herbert Smith Freehills has advised Boral Limited on its US$1.6 billion 50/50 plasterboard and ceilings joint venture with USG Corporation (announced 17 October 2013). The transaction combines USG’s best-in-class building products technologies and strategic assets in Asia, New Zealand and the Middle East with Boral’s leading plasterboard manufacturing and distribution footprint in Asia and Australia.
Tags: Herbert Smith Freehills LLP
Morrison & Foerster announced today that Jeffrey A. Chester, a well-known and highly-respected project finance and renewable energy lawyer, has joined the firm as a partner in Los Angeles. Mr. Chester advises on global capital-raising transactions for the renewable and alternative energy space. He has closed more than 50 wind-power and two dozen solar-power project financings, including a 1,550-megawatt power purchase agreement by Southern California Edison, the largest wind-power purchase agreement in history.
Tags: Morrison & Foerster LLP | Los AngelesMorrison & Foerster today announced that it is representing Ascendent Capital Partners, a China-focused private equity firm, in the proposed acquisition by Wumart Stores, Inc. of a minority interest in C.P. Lotus Corporation, the retail flagship company in China for the Charoen Pokphand Group, for approximately HK$548 million, the proposed acquisition by C.P. Lotus of a minority interest in Wumart for approximately of HK$2.9 billion, and the proposed acquisition by Wumart of C.P. Lotus’s operations in certain provinces in China, including Beijing and Shanghai, for approximately HK$2.34 billion announced yesterday.
Tags: Morrison & Foerster LLP | Hong Kong
International law firm Dorsey & Whitney LLP announced today that Frank S. Hong has joined the Firm’s Corporate group as a partner in its Shanghai office. Mr. Hong’s practice focuses on advising multi-national corporations on Chinese inbound direct investment as well as domestic Chinese companies on outbound investment and doing business abroad, especially in the United States. He has substantial experience in international intellectual property, cross-border M&A and customs. Mr. Hong also manages commercial arbitration and litigation on behalf of Chinese clients.
Tags: Dorsey & Whitney LLP | Shanghai
Morgan Lewis announced today that Glenn E. Siegel—a lawyer with more than 25 years of experience handling high level bankruptcy matters for a diverse client base-—has joined the firm as a partner in its Business and Finance Practice and co-head of its Bankruptcy and Restructuring Group, resident in New York.
Tags: Morgan, Lewis & Bockius LLP | New York
Baker & McKenzie advised Fortune Real Estate Investment Trust (“Fortune REIT”) on its term loans in an aggregated amount of approximately HK$5 billion in October 2013. The new term loans were used for financing the acquisition of Kingswood Ginza Property, which comprises the entire shopping mall commonly known as “Kingswood Ginza” as well as certain other retail, kindergarten, parking and ancillary areas within the Kingswood Development which is located in Tin Shui Wai, Yuen Long, New Territories. The acquisition was completed on 9 October 2013.
Tags: Baker McKenzie | Hong Kong
Ropes & Gray represented the Blackstone-led buyer group consortium in the going-private transaction of China-based Pactera Technology International Ltd. (Pactera), which signed on October 17, 2013.
Tags: Ropes & Gray LLP | Hong Kong
The global law firm Jones Day is pleased to announce that Dr. Bojan Savic has joined the Firm’s Munich Office as a partner in its Intellectual Property Practice.
Tags: Jones Day | Germany