Global law firm White & Case LLP has advised South African national electricity company Eskom Holdings SOC Ltd on the launch of its US$4 billion global Medium Term Note programme and the inaugural US$1 billion Reg S/Rule 144A bond issuance thereunder.
Tags: White & Case LLP
Duane Morris LLP is pleased to announce that Robert L. Ruben has joined the firm’s Corporate Practice Group as a partner in the firm’s Baltimore and Washington, D.C. offices. Ruben’s arrival further strengthens Duane Morris’ national gaming industry and corporate practices. Ruben joins the firm from Saul Ewing LLP, where he was chair of the firm’s Gaming & Racinos Practice Group.
Tags: Duane Morris LLP
National law firm Wilson Elser has tapped Dean Rocco, formerly a partner with Jackson Lewis, to bolster its already strong national Employment & Labor practice. Mr. Rocco is based in the firm’s Los Angeles office.
Tags: Wilson Elser Moskowitz Edelman & Dicker LLP | Los Angeles
Davis Polk is advising Capital Z Partners as an investor in the $175 million recapitalization of Anchor BanCorp Wisconsin Inc. In order to facilitate the recapitalization, Anchor BanCorp has filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Western District of Wisconsin to implement a “pre-packaged” plan of reorganization to restructure Anchor BanCorp and recapitalize its wholly owned subsidiary, AnchorBank, fsb. The reorganization process is expected to be completed within 45-90 days.
Tags: Davis Polk & Wardwell LLP | New York
The Firm is representing Sirius XM Radio Inc. (“SiriusXM”) in connection with its $530 million acquisition of the connected vehicle services unit of Agero, Inc. (“Agero”). The connected vehicle unit of Agero is the leading provider of innovative telematics services, offering safety, security and convenience services for drivers and end-to-end, turnkey solutions for automakers. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close in the fourth quarter of 2013.
Tags: Simpson Thacher & Bartlett LLP | New York
Procopio, San Diego’s largest law firm, announced the addition of two new partners and one associate to their Silicon Valley office. The Southern California-headquarted firm continues its significant push in Silicon Valley, adding Jon Gonzales and Bob Sloss as partners in their Menlo Park office. Associate Aiko Yamakawa also joined the office, relocating from San Diego.
Tags: Procopio, Cory, Hargreaves & Savitch LLP | Silicon Valley
Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that its London, Paris and New York offices have advised long-standing WFW client, Royal Caribbean Cruises Ltd. (“RCL”), in connection with RCL’s contracting for the construction and purchase of a third mega-cruise vessel of its Oasis class at STX France S.A. in St Nazaire and, also, in connection with the obtaining of ECA-supported post-delivery financing of such vessel.
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Cahill represented BofA Merrill Lynch and Deutsche Bank Securities as joint book-running managers and the co-managers in connection with Rule 144A offering of $300,000,000 aggregate principal amount of 8% Senior Notes due 2020 by Playa Resorts Holding B.V. Proceeds from the offering, together with proceeds from an investment from Hyatt Hotels Corporation, were used to fund the acquisition of various all-inclusive resorts in Mexico, Dominican Republic and Jamaica as well for general corporate purposes and to refinance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New YorkDuane Morris LLP is pleased to announce that Steven M. Cowley has joined the firm’s Trial Practice Group as a partner in the firm’s Boston office. Cowley’s arrival further strengthens Duane Morris’ trial capabilities, particularly in the area of complex business litigation, including antitrust litigation, trademark and copyright disputes. Cowley joins the firm from Edwards Wildman. He is the fourth lawyer to join the Boston office in the past two months.
Tags: Duane Morris LLP
Norton Rose Fulbright advised Royal Bank of Canada (RBC) on the registration of its €23 billion global covered bond programme under the new Canadian covered bond legislation, and on approximately US$5.5 billion worth of benchmark international covered bond deals in the past month.
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