Hogan Lovells Bolsters Environmental Litigation Team With Addition of Partner Justin Savage

Hogan Lovells today announced that former Department of Justice litigator Justin Savage will join the firm’s Washington, D.C. office as a partner. For nearly a decade, Savage worked in the Department of Justice (“DOJ”) Environment and Natural Resources Division, where he was Senior Counsel and one of DOJ’s leading environmental trial lawyers.

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Caplin & Drysdale Enhances Tax Practice with Three Lateral Hires

Caplin & Drysdale is pleased to announce the addition of three high-profile lawyers: Peter A. Barnes, who after 22 years as Senior International Tax Counsel for General Electric Co. (GE), joins the firm’s International Tax Group as Of Counsel on October 1, 2013; Anne J. O’Brien, an esteemed trust and estate lawyer, will be a Member in the Private Client Group starting on September 30, 2013; and J. Clark Armitage, a leader in the transfer pricing sector, who joins the firm on September 30, 2013 as a Member in the International Tax and Tax Controversies Groups.

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Shearman & Sterling Advises Banco Nacional de Desenvolvimento Econômico e Social (BNDES) on $2.5 Billion Offering

Shearman & Sterling represented Banco Nacional de Desenvolvimento Econômico e Social (BNDES), Brazil’s national bank for economic and social development and the primary domestic source of long-term financing in the Brazilian economy, in connection with its offering of US$1,250,000,000 3.375% Notes due 2016 and US$1,250,000,000 5.750% Notes due 2023, to be listed on the Luxembourg Stock Exchange. Deutsche Bank Securities, Inc., Itau BBA USA Securities, Inc. and J.P. Morgan Securities LLC acted as joint lead managers.

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Milbank Represents KKR Asset Management and Affiliates in $300 Million CLO Upsize

Milbank, Tweed, Hadley & McCloy LLP recently represented affiliates of KKR Asset Management LLC (KAM) in connection with the upsize by $300 million of the existing KKR Financial CLO 2011-1, Ltd. secured financing transaction, permitting the CLO issuer to borrow up to an incremental $225 million to purchase senior secured corporate loans. In connection with the upsize, KKR Financial Holdings LLC increased its residual interest in the transaction through the acquisition of an additional $75 million of subordinated notes. The transaction initially closed in March 2011 and was previously upsized in July 2011.

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Tags:  Milbank LLP | Los Angeles