Simpson Thacher Represents TPC Group Inc. in $655 Million Senior Secured Notes Offering, Related Tender Offer and Consent Solicitation and New Asset-Backed Revolving Credit Facility

Simpson Thacher represented TPC Group Inc. (“TPC”), as part of the acquisition of TPC by affiliates of First Reserve Management, L.P. and SK Capital Partners (collectively, the “Sponsors”), in connection with its Rule 144A and Regulation S offering of $655 million aggregate principal amount of 8.75% Senior Secured Notes due 2020. TPC also entered into a new $250 million asset-backed revolving credit facility.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Akerman Senterfitt Represents Vology Data Systems in Merger with Bayshore Technologies

Akerman Senterfitt recently represented Vology Data Systems, a global provider of new and certified pre-owned networking and telecommunication solutions, in its merger with Bayshore Technologies, a systems integrator and Hewlett Packard (HP) reseller known for its IT consulting practice and product fulfillment capabilities. Hyde Park Capital Advisors LLC served as exclusive financial advisor to Vology Data Systems.

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Tags:  Akerman LLP

Former NLRB Board Member Brian Hayes Joins Ogletree Deakins

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, welcomes former National Labor Relations Board (NLRB) member Brian Hayes as a shareholder. Hayes, who frequently dissented to the NLRB’s game-changing rulings until his term ended last month, will provide his unique experience and perspective on labor law issues and developments for the firm’s clients. Hayes will serve as co-chair of the firm’s Traditional Labor Relations Practice Group and be based in the Washington, D.C. office.

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Tags:  Ogletree Deakins

DLA Piper Advises Maybourne Hotel Group on Refinancing

DLA Piper has advised its long standing client the London-based Maybourne Hotel Group on its planned refinancing through the signing of a £547 million five year debt facility. The refinancing, arranged by Blackstone Real Estate Debt Strategies completed on 28 December and follows a successful rights issue of £145 million undertaken before Christmas.

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Tags:  DLA Piper