CMS Advises Statoil on US$2.65 Billion Sale to OMV

CMS has advised Norwegian oil & gas giant Statoil on the UK aspects of its US$2.65 billion sale of interests in a number of its UK and Norwegian Continental Shelf assets to Austria’s OMV. Statoil’s in-house legal team had overall responsibility for the transaction and advised on all aspects of the Norwegian part of the deal.

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Davis Polk – The Korea Development Bank Notes Offering

Davis Polk advised The Hongkong and Shanghai Banking Corporation as underwriter in connection with a Schedule B debt offering by The Korea Development Bank of US$250 million in aggregate principal amount of its 4% notes due 2016. The notes are consolidated and form a single class of notes with KDB’s US$750 million aggregate principal amount of 4% notes due 2016 issued on March 9, 2011.

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Tags:  Davis Polk & Wardwell LLP | Hong Kong

Winston & Strawn Announces New Silicon Valley Office

Winston & Strawn LLP today announced the opening of its Silicon Valley office. Scheduled to officially open its doors September 9, 2013, Winston & Strawn Silicon Valley is the seventeenth global office, and ninth U.S. office for the firm. The Silicon Valley office is a key step in expanding Winston & Strawn’s intellectual property litigation practice and presence on the West Coast.

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Investment Funds Specialist Dawn Howe Joins Walkers as Partner

Walkers is delighted to announce that Dawn Howe has joined the firm as a Partner in the Global Investment Funds Group.  Dawn, a highly regarded offshore investment funds specialist, was previously a Partner at Maples and Calder in their Cayman Islands and London offices.

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Davis Polk – Korea Finance Corporation Notes Offering

Davis Polk advised Citigroup Global Markets Inc, Deutsche Bank AG, Singapore Branch, The Korea Development Bank, Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS AG, Hong Kong Branch as underwriters in connection with a Schedule B debt offering by Korea Finance Corporation of $500 million in aggregate principal amount of its 2.875% notes due 2018.

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Tags:  Davis Polk & Wardwell LLP | Hong Kong