Freshfields Advises on Eskom’s $1bn Bond Issue

International law firm Freshfields Bruckhaus Deringer has advised on South African power utility Eskom’s $1bn bond, issued under Eskom’s newly established $4bn global medium term programme. Eskom generates, transmits and distributes electricity to industrial, mining, commercial, agricultural and residential customers and redistributors across southern Africa.

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Tags:  Freshfields LLP

McDermott Advises Irving Oil in $300 Million Joint Venture with TransCanada

International law firm McDermott Will & Emery represented Irving Oil, a privately owned regional energy and marketing company that owns and operates Canada’s largest refinery, in forming a joint venture with TransCanada to develop and construct the proposed $300 million Canaport Energy East Marine Terminal at Irving Canaport in Saint John, New Brunswick.  Irving Oil will operate the Canaport Energy East Marine Terminal, which will connect the proposed $12 billion Energy East Pipeline project recently announced by TransCanada to an ice-free, deep water port.

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Tags:  McDermott Will & Emery LLP | New York

Sutherland Welcomes Attorneys Matt Block and Jason S. McCarter as Partners in the Firm’s Atlanta Office

Sutherland Asbill & Brennan LLP is pleased to announce the addition of four new attorneys to its Atlanta office. Matt Block has joined the firm’s Corporate Group as a partner and Jason S. McCarter has joined the firm’s Litigation Group also as a partner, while John D. (J.D.) Shipman joins as an associate and Stephanie H. Philips joins as litigation attorney. All were previously with Dow Lohnes.

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Tags:  Eversheds Sutherland

Weil Advises Brookfield Property Partners in $1.1 Billion Acquisition of Industrial Developments International

A Weil team led by Corporate partners Philip Rosen and Shayla Harlev is acting as counsel to Verde Realty Operating Partnership, L.P., a majority-owned subsidiary of funds managed by Brookfield Property Partners LP, in connection with the $1.1 billion acquisition of Industrial Developments International Inc. (IDI) from a subsidiary of Japan’s Kajima Corp. Based in Hamilton, Bermuda, Brookfield is an owner, operator, and investor in commercial properties. Through Verde’s purchase of IDI, which is based in Atlanta, Brookfield and its institutional partners will gain a network of 75 distribution facilities operating in 12 US states for a total of 27 million square feet of industrial distribution space. They will also add IDI’s 49 million square feet of future development projects and third-party property management business. Brookfield is purchasing about 25 percent of IDI; its partners will acquire the balance of the company.

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Tags:  Weil, Gotshal & Manges, LLP | New York

Arent Fox Adds Real Estate Transactions Partner M.J. Pritchett to San Francisco Office

Arent Fox LLP is pleased to announce the expansion of both its nationally recognized Real Estate practice and its new San Francisco office with the addition of real estate transactions partner M.J. Pritchett. Mr. Pritchett joins Arent Fox less than a month after the addition of three Intellectual Property and Health Care attorneys to its Northern California office. He will focus his practice on real estate transactions involving acquisition, disposition, development, and leasing; secured lending and troubled debt resolution; and public finance and securitization.

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Tags:  ArentFox Schiff LLP | San Francisco

Cravath – Unilever’s Sale of Wish-Bone and Western Brands to Pinnacle Foods

On August 12, 2013, Unilever announced that it has signed an agreement for the sale of its Wish‑Bone and Western dressings brands to Pinnacle Foods Inc. for a total cash consideration of approximately US$580 million, subject to regulatory approval. Cravath represented Unilever in connection with this transaction, which is expected to close later in the third quarter, or early in the fourth quarter, of 2013.

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Tags:  Cravath, Swaine & Moore LLP | New York