Stites & Harbison Welcomes Robert Schroeder

Stites & Harbison, PLLC, welcomes Member/Partner Robert Schroeder to the firm’s Atlanta office. Mr. Schroeder is an award-winning former federal prosecutor, with over 25 years of public and private legal experience. His practice focuses on white collar criminal defensebusiness litigation, and healthcare litigation (including False Claims Act and regulatory and compliance litigation). He will join Stites & Harbison’s Business Litigation and Healthcare Service Groups.

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Ashurst Advises Iona Energy on a Borrowing Base Facility for Up to US$250 Million

Ashurst advised Iona Energy on a senior secured borrowing base facility (“BBF”) for up to US$250 million with a group of three banks led by Bank of America Merrill Lynch, Lloyds TSB Bank plc, and BNP Paribas. The BBF was entered into in connection with Iona Energy’s acquisition from Carrizo Oil & Gas Inc of an interest in the Huntington Oil Field.

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McKenna Long & Aldridge LLP Opens Office in South Korea

McKenna Long & Aldridge LLP (MLA) announced today that it received all approvals from Korea’s Ministry of Justice to open a foreign legal consultant office in Seoul, South Korea. The U.S.-Korea Free Trade Agreement – which represents significant opportunities for U.S. and Korean companies to increase trade between the countries – provides for a staged opening of Korea’s legal services market to U.S. law firms.

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Paul Hastings Represents Bank of Montreal in $150 Million Credit Facility for New Source Energy Partners L.P.

Paul Hastings LLP, a leading global law firm, announced today that the firm represented BMO Capital Markets as sole lead arranger and bookrunner and Bank of Montreal as the administrative agent in connection with a $150,000,000 senior secured revolving credit facility for New Source Energy Partners L.P., a master limited partnership.

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Paul Hastings Represents KeyBank in First and Second Lien Credit Facilities for III Exploration II, LP

Paul Hastings LLP, a leading global law firm, announced today that the firm represented KeyBank, National Association as sole lead arranger and sole bookrunner and the administrative agent in connection with a $250,000,000 senior secured revolving credit facility and a $25,000,000 second lien term loan credit facility for III Exploration II, LP.

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Tags:  Paul Hastings, LLP | Houston