Paul Hastings, a leading global law firm, announced today that it represented Glorious Property Holdings Limited (“Glorious Property”), a leading PRC property developer based in Shanghai and listed on the Hong Kong Stock Exchange, in its issuance of senior notes (“Notes”) in the aggregate principal amount of US$250 million, due 2018.
Tags: Paul Hastings, LLP | Hong KongPaul Hastings, a leading global law firm, announced today that the firm represented Barrington Broadcasting Group LLC, an operator of television stations in markets across the United States, in the sale of 18 television stations to Sinclair Broadcast Group, Inc. for $370 million.
Tags: Paul Hastings, LLP | New YorkMcKenna Long & Aldridge LLP (MLA) announced today that 15 members of the Aviation practice at Dombroff Gilmore Jaques & French (DGJ&F) will join the firm’s Litigation practice. With this new group of five partners, two of counsel, and eight associate counsel, MLA will add offices in Northern Virginia and Miami, Florida, expanding the firm’s presence to 15 offices in 12 markets.
Kirkland & Ellis represents a consortium comprising affiliates of Carlyle Asia Partners III, L.P., Sequoia Capital China Growth 2010 Fund, L.P. and Actis LLP as well as certain management shareholders in Keystone Lodging Company Limited’s agreement to acquire 7 Days Group Holdings Limited (NYSE: SVN). The transaction contemplated under the merger agreement, announced on February 28, 2013, implies an equity value for 7 Days Group of approximately $688 million. 7 Days Group is a leading economy hotel chain based in China. The merger is expected to close in the second half of 2013, and if completed, will result in 7 Days Group becoming a privately held company and no longer listed on the NYSE.
Tags: Kirkland & Ellis LLP | Hong Kong
Herbert Smith Freehills has advised the Healthscope Group on its offer of new ASX listed subordinated notes launched earlier today. The offer is seeking to raise A$150 million with the ability to raise more or less.
Tags: Herbert Smith Freehills LLP
Orrick, Herrington & Sutcliffe LLP announced today that Robert (“Bob”) M. Loeb, the former Acting Deputy Director of the Appellate Staff of the Civil Division at the U.S. Department of Justice (“DOJ”), has joined the firm as a partner in its Supreme Court & Appellate Litigation practice, resident in Washington, D.C.
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Cooley LLP announced today that it represented client Cylex Inc., a Maryland-based life sciences company, whose diagnostic test kit detects immune function in organ transplant patients, in a highly successful sale of the company’s assets through a distressed M&A process.
Tags: Cooley LLP | San Francisco
American Realty Capital Properties, Inc., and American Realty Capital Trust III, Inc., completed the closing of their merger in which global law firm Proskauer served as corporate counsel to both companies. The closing was announced February 28, 2013, after receiving approval by both companies’ stockholders on February 26.
Tags: Proskauer Rose LLP | New YorkGlobal law firm Proskauer advised Asian private-equity fund RRJ Capital Ltd. in its agreement to invest $300 million in Cheniere Energy Partners, LP.
Tags: Proskauer Rose LLP | Hong Kong