Troutman Sanders LLP is pleased to announce that Chad Fuller and Victoria Holstein-Childress have joined the firm as partners in the Financial Services Litigation practice. Fuller practices in the firm’s San Diego office, and Holstein-Childress practices in the firm’s Washington, DC office.
Tags: Troutman Pepper Hamilton Sanders LLP
EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that its wholly-owned subsidiary, EXCO Operating Company, LP (“EOC”), and an affiliate of BG Group plc (“BG Group”) have entered into a definitive agreement to convey 100% of the equity interest in TGGT Holdings, LLC(“TGGT”) to Azure Midstream Holdings LLC (“Azure”) for an aggregate sales price of approximately $910 million.
Tags: Baker Botts L.L.P. | Dallas
Perkins Coie represented client T-Mobile US, Inc. in a $5.6 billion secondary offering of senior unsecured notes by its majority stockholder, Deutsche Telekom AG. The deal closed October 16 and is, according to media reports, the second-largest high-yield debt transaction of the year. It is also the eighth-largest speculative-grade deal on record, or the fifth-largest when counting deals sold entirely at one time. (Source: Forbes)
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Joseph Landolfi has joined Akerman Senterfitt as a shareholder in the firm’s Tax Practice Group in Boca Raton.
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Baker & McKenzie Budapest has advised state-owned Hungarian Electricity Works on its acquisition of German utility E.On’s entire Hungarian gas business, including gas trade and gas storage businesses. Completion of this deal sees a significant part of the energy sector re-nationalized, following privatization in the late 1990s.
Tags: Baker McKenzie
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.
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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 Kramer 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