Dentons Adds Leading Energy Partner Andrew Schifrin in New York

Dentons announced today that Andrew D. Schifrin, a veteran energy lawyer, has joined its preeminent Energy, Transportation and Infrastructure practice as a partner in the New York office. Schifrin joins from Dickstein Shapiro LLP, where he was a partner. He previously was at Torys LLP and King & Spalding LLP.

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Tags:  Dentons | New York

McKenna Long & Aldridge in Process of Expanding Asia Presence with Planned Opening of China Office

McKenna Long & Aldridge LLP (MLA) announces that it is in the process of applying with the Department of Justice of the People’s Republic of China to open a Shanghai office. The Shanghai office, which will expand the Firm’s geographic reach to 16 offices in 14 markets, will mark MLA’s second in Asia following the March 2013 opening of the Seoul, South Korea office.

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Buchanan Ingersoll & Rooney Announces Plans to Open Office in Fort Lauderdale, Adds Two Finance Shareholders

Miami, Aventura and Fort Lauderdale, FL, August 1, 2013 – Buchanan Ingersoll & Rooney PC announced today that it plans to open an office in Fort Lauderdale as part of its strategy to expand in South Florida. Moving immediately toward that goal, the firm this week added shareholders Philip M. Hanaka and John P. Dyro Sr. to its Financial Services Section in Aventura.

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Partner David Almeida Brings Data Privacy Expertise to Sheppard Mullin Chicago

David S. Almeida has joined Sheppard, Mullin, Richter & Hampton LLP in the firm’s Chicago office as a partner in the firm’s Business Trial practice group and Privacy and Data Security practice.  Almeida joins from Sedgwick, where he was co-chair of that firm’s Privacy and Data Protection Group.  Associate David M. Poell joins Almeida at Sheppard Mullin in Chicago from Sedgwick.

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Tags:  Sheppard, Mullin, Richter & Hampton LLP

Dechert Advises Mechel on Sale of Ferroalloy Assets in Russia and Kazakhstan

A cross-border team of Dechert lawyers is advising Russia’s Mechel OAO (NYSE:MTL; “Mechel”) on its planned disposal of several ferroalloy assets to Turkey’s Yildirim Group. According to the agreement, which was announced today, Yildirim Group will acquire Mechel’s Voskhod Mining Plant (in Khromtau, Kazakhstan) and Tikhvin Ferroalloy Plant (in Tikhvin, Leningrad Region, Russia) for a total of U.S.$425 million. Yildrim Group was the winning bidder in a tender process to acquire the assets. The deal is subject to receipt by the parties of certain governmental approvals in Russia and Kazakhstan, including the waiver of the Kazakhstan state pre-emptive right, on which Dechert is also currently advising.

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Tags:  Dechert LLP | Moscow

Proskauer – American Realty Capital Properties Closes $300 Million Convertible Senior Notes Offering

Global law firm Proskauer served as counsel to American Realty Capital Properties, Inc. (“ARCP”) in its underwritten public offering of $300.0 million of ARCP’s 3.00% Convertible Senior Notes due 2018 (“Notes”). The Notes are unsecured and include “Instrument X,” which means ARCP can choose to deliver, at its election, cash, shares of its common stock or a combination of cash and shares of its common stock to holders when they convert their Notes. The transaction closed on July 29, 2013. As a result of the offering, ARCP received $290.25 million in net proceeds from the offering and intends to use the net proceeds of the offering (a) to repay outstanding indebtedness under its existing senior secured credit facility (which will increase the availability of funds under such credit facility) and (b) for other general corporate purposes which includes investing in properties in accordance with its investment objectives. Additionally, the representatives for the underwriters delivered notice to ARCP on July 29, 2013 electing to partially exercise their over-allotment option to purchase $10.0 million of additional Notes, which is expected to close on or about August 1, 2013.

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Tags:  Proskauer Rose LLP | New York