King & Spalding has recruited leading Russian law expert Ilia Rachkov to establish an international disputes practice in Moscow as the firm continues to strengthen its global dispute resolution offering.
Tags: King & Spalding LLP | MoscowT&K Expands New York Office
The law firm of Thompson & Knight LLP is pleased to announce the addition of Gregg J. Berman and Joseph A. Sarcinella in the Firm’s New York office. Berman joins as a Partner in the Corporate and Securities Practice Group, and Sarcinella joins the Real Estate and Banking Practice Group.
Tags: Thompson & Knight LLP | New YorkAlston & Bird Continues to Expand in Los Angeles
Alston & Bird LLP announced today that Charles W. Cox has joined its litigation team as a partner in the firm’s Los Angeles office. Mr. Cox focuses on representing clients in complex commercial litigation, including stockholder litigation, class actions, derivative suits and matters related to mergers and acquisitions.
Tags: Alston & Bird LLP | Los AngelesHerbert Smith Freehills Advises Sinopec Corp on Its US$3.1 Billion Share Placement
Herbert Smith Freehills has advised China Petroleum & Chemical Corp (“Sinopec Corp.”) on the Hong Kong and US aspects of its US$3.1 billion (HK$23.97 billion) private placement of new H-shares. The new shares will be listed on the Hong Kong Stock Exchange (“HKSE”) on or about 14 February, 2013. It will be the largest equity transaction in Asia so far this year, and Sinopec Corp.’s first major equity offering since its IPO in 2000.
Tags: Herbert Smith Freehills LLP | BeijingAllen & Overy – Financing for Liberty Global Bid for Virgin Media
Allen & Overy has acted for the underwriting banks on the term loan facilities equivalent to around USD4.4 billion, a high yield bridge equivalent to around USD900 million, a senior secured note bridge equivalent to around USD2.3bn and other facilities for the financing of Liberty Global’s USD23.3bn cash and stock bid for Virgin Media.
Tags: Allen & Overy LLPPillsbury Advises Duke Energy on $835 Million Insurance Payout
Nuclear Electric Insurance Limited (NEIL) will pay $835 million in claims to Progress Energy Florida, a subsidiary of Duke Energy, for repairs and power replacement costs stemming from the dormant Crystal River nuclear energy plant in Florida. The payout, under the terms of a mediator’s proposal, is the largest in NEIL’s history.
Tags: Pillsbury Winthrop Shaw Pittman LLPJones Day Welcomes Two New Partners in Amsterdam as Office Officially Opens
The global law firm Jones Day has announced that its Amsterdam Office opened February 1 and will move to its offices at Museumplein 17 from its current temporary offices in April. As part of Jones Day Amsterdam’s official opening, the Firm also announced that Marcel van de Vorst and Marc Rijkaart van Cappellen have joined the new office as M&A partners.
Tags: Jones Day LLPHogan Lovells Advises Macquarie on Top-Up Placing and Block Trade
Hogan Lovells has closed two transactions for Macquarie Capital Securities Limited (“Macquarie”) for a combined value of over US$90 million in the past two weeks.
Tags: Hogan Lovells | Hong KongHogan Lovells Advises Dell on US$24.4 Billion Deal to Go Private
Hogan Lovells counseled Dell Inc. on one of the largest going-private transactions in the technology industry. On 5 February, the computer giant officially announced the US$24.4 billion deal.
Tags: Hogan LovellsSimpson Thacher Represents Aozora Bank in Secondary Offering of Common Stock by Cerberus
The Firm recently represented Japan’s Aozora Bank in connection with the secondary offering of 591,250,000 shares of common stock by Cerberus NCB Acquisition, L.P., which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥133 billion (US$1.5 billion) for the selling shareholder. Citigroup, Morgan Stanley, Goldman Sachs and Barclays acted as joint international managers for the offering.
Tags: Simpson Thacher & Bartlett LLP | Tokyo