A joint venture with Tishman Speyer to acquire a 1.7 acre parcel of land located at 201 Folsom Street, San Francisco and then develop and construct a 655 unit residential luxury condominium project with 10,963 square feet of ground floor retail space and associated amenities, including a gym, pool, spa, children’s playroom, rooftop community space, private screening room and business and conference facilities. The venture will also acquire 1400 Mission Street, San Francisco and develop 190 affordable residential condominium units and 4,262 square feet of ground floor retail to serve as the off-site inclusionary below market rate project for 201 Folsom Street.

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International law firm Clifford Chance advised Royal Dutch Shell plc on its acquisition of part of Repsol S.A.´s LNG portfolio outside of North America for a cash consideration of US$4.4 billion. The transaction includes plant capacity and supply positions in Peru and Trinidad and Tobago, a 25 per cent stake in a power plant in Spain and a material LNG marketing and trading operation. Shell will also assume and consolidate balance sheet liabilities predominantly reflecting leases for LNG ship charters of currently US$1.8 billion. The transaction is expected to close in the second half of 2013 or early 2014, subject to regulatory approvals and other conditions precedent.

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McKenna Long & Aldridge LLP (MLA) is pleased to announce that Anthony Williams will join the firm as a partner in its New York office, effective March 4, 2013. Williams, who has decades of cross-border and international experience, will focus on commercial transactions, including mergers and acquisitions, corporate finance and securities, and private equity investments, for both U.S. and non-U.S. clients. He will also serve as general counsel to family offices, working with MLA’s Private Client Services team and other professionals to manage all of their legal and business needs.

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The Firm recently represented the underwriter, Morgan Stanley & Co. LLC, in connection with a registered public offering of common stock of Generac Holdings Inc. A total of approximately $346 million in net proceeds was raised in the offering. Affiliates of CCMP Capital Advisors, LLC received all of the net proceeds from the offering.

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