U.K. finance lawyer Mark Wesseldine is joining Ropes & Gray, the firm announced today. The addition of Mr. Wesseldine strengthens the firm’s ability to serve clients on their financings and restructurings, including special situations.
Tags: Ropes & Gray LLP
Latham & Watkins acted for the Managers and the Delegate on Saudi Electricity Company’s (SEC) issuance of US$1 billion Sukuk Certificates due 2023 and US$1 billion Sukuk Certificates due 2043. The transaction represents the first international 30 year Sukuk issuance by any issuer.
Tags: Latham & Watkins LLP | Dubai
Davis Polk Helps Pinnacle Airlines Gain Confirmation of Its Chapter 11 Plan of Reorganization.
Tags: Davis Polk & Wardwell LLP | New York
Saul Ewing LLP today announced that the firm is again growing its local presence with the addition of a top complex commercial litigator; two construction industry litigators; and a well-regarded transactional lawyer. These additions follow building the Pittsburgh office since the beginning of the year with the additions of five attorneys including a prominent energy/environmental partner and four ERISA and employee benefits attorneys.
Tags: Saul Ewing LLP
Norma M. Gant has joined LeClairRyan as a partner in the firm’s litigation department. She will be resident in the national law firm’s Detroit office.
Tags: LeClair Ryan, PC
Paul Hastings, a leading global law firm, announced today that the firm represented RBC Capital Markets and Morgan Stanley Senior Funding, Inc., as joint lead arrangers and joint bookrunners and Royal Bank of Canada, as administrative agent, in connection with $555 million in senior secured credit facilities in favor of Livingston International, a North American provider of customs brokerage services, for the refinancing of certain existing indebtedness of Livingston International.
Tags: Paul Hastings, LLP | New York
Bank of America announced on April 17, 2013 that a settlement in principle has been reached in class action litigation concerning residential mortgage-backed securities (RMBS) issued by subsidiaries of Countrywide Financial Corporation, prior to Countrywide’s acquisition by Bank of America in 2008. For more information, see Bank of America’s First-Quarter 2013 Press Release. The $500 million settlement resolves claims concerning a total of 429 RMBS offerings with an original principal balance exceeding $350 billion, and is subject to final court approval.
Tags: Goodwin Procter LLP
King & Wood Mallesons has continued its streak of advisory roles on South East Asian investment into the Australian Real Estate Sector, acting for Singapore-listed Far East Orchard (FEOrchard) on its $225 million investment with Australian hotel and property company, Toga Group.
Tags: King & Wood Mallesons