A New Partner Joins Gide Loyrette Nouel’s Warsaw Office

Marcin Muszel has joined Gide Loyrette Nouel as partner in its Warsaw office (Real Estate practice). Marcin joins Gide from Linklaters, having previously worked at Clifford Chance, CMS Cameron McKenna and AIG/Lincoln. Marcin has more than 14 years’ experience in advising on all types of mainstream real estate transactions including acquisitions and disposals of commercial buildings, real estate M&A transactions, leasing, joint ventures, sale and leasebacks, assembling land, development and zoning law aspects, asset management work as well as administrative procedures related to real estate development. He has been working for a number of key players on the market, including developers, large corporate clients, banks, shopping centre operators, investment and pension funds and private equity groups.

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Sidley Austin LLP Advises Starwood Property Trust and Starwood Capital Group on $1.05 Billion Acquisition of LNR Property LLC

Sidley Austin LLP acted as primary legal counsel advising Starwood Property Trust, Inc. and Starwood Capital Group on their agreement to acquire LNR Property LLC for $1.05 billion. Under the terms of the agreement, Starwood Property Trust will acquire LNR’s U.S. and European real estate debt investing and special services businesses, Hatfield Phillips, and Starwood Capital Group will acquire LNR’s commercial property group. Both entities will also acquire a stake in Auction.com, an online provider of commercial and residential transaction management services. The acquisition is expected to close by the end of the second quarter of 2013.

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Tags:  Sidley Austin LLP

Cooley Represents Brocade in $300 Million 4.625 % Senior Notes Offering

Cooley LLP announced today that it represented Brocade Communications Systems, Inc. in its offering of $300 million aggregate principal amount of 4.625% Senior Notes due 2023. The notes are Brocade’s senior, unsecured obligations, and interest on the notes is payable semi-annually in cash at a rate of 4.625% per annum beginning July 15, 2013. The Company will use the proceeds of the financing, together with cash on hand, to redeem all of its outstanding 6.625% senior secured notes due 2018.

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Tags:  Cooley LLP | San Francisco