Macfarlanes has announced the appointment of alternative fund lawyer Simon Thomas as a partner in its investment funds group.
Tags: Macfarlanes LLP
Weil Advises AMR in $11B Merger with US Airways
Weil advised AMR, the parent company of American Airlines, in connection with its proposed approximately $11 billion merger with US Airways Group—a merger that would create the world’s largest airline, offering 6,700 daily flights to 336 destinations in 56 countries. The transaction has been approved by the boards of directors of both companies and is expected to close in the third quarter of 2013.
Tags: Weil, Gotshal & Manges, LLP | New York
Willkie Paris Office Represents French State in Obtaining EC Approval for €1.2 Billion PSA Group Aid
On February 11, the European Commission approved a State aid rescue package for the troubled PSA Peugeot Citroën group in the form of a temporary guarantee that the French State will grant to Banque PSA Finance, the group’s financial services entity. This State guarantee is capped at €1.2 billion and will allow Banque PSA Finance to issue, within a six-month period, notes with a maximum maturity of 36 months. Upon execution of the agreement between PSA, Banque PSA Finance and the French State, Banque PSA Finance will be permitted to refinance new loan production at a volume sufficient to support the automobile sales of the PSA group.
Tags: Willkie Farr & Gallagher LLP
Olswang Advises Warner Music on £487m Acquisition of Parlophone
Kirkland & Ellis Strengthens West Coast Presence with Hires of Leading Corporate Attorneys in Los Angeles and San Francisco
Kirkland & Ellis LLP announced today that the Firm has expanded its West Coast corporate practice with the hiring of leading attorneys Michael S. Ringler and Rick C. Madden. Mr. Ringler will join the Firm as a partner in the San Francisco office and was previously a mergers and acquisitions partner in the San Francisco office of Wilson Sonsini Goodrich & Rosati. Mr. Madden will join as a partner in the Firm’s Los Angeles office and was previously a corporate partner in the Los Angeles office of Skadden, Arps, Slate, Meagher & Flom LLP.
Tags: Kirkland & Ellis LLP | Los Angeles
Troutman Sanders Adds Lending and Structured Finance Group in New York
Troutman Sanders continued the expansion of its Lending and Structured Finance practice, announcing today that it has added a three-member team to its New York office.
Tags: Troutman Pepper Hamilton Sanders LLP | New York
Prominent New York Bankruptcy Attorney Joins Polsinelli Shughart
Polsinelli Shughart is pleased to welcome Edward M. Fox as a shareholder to the firm’s New York office where he will assist clients with bankruptcy and financial services needs. Fox comes to the firm with more than 25 years experience, and has served as partner and head of the bankruptcy departments at several major law firms.
Tags: Polsinelli PC | New York
Shearman & Sterling Advises on CorpBanca’s $800 Million 3.125% Senior Notes and Common Share Offerings
Shearman & Sterling recently advised on CorpBanca’s $800 million 3.125% Senior Notes and Common Share offerings.
The firm represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as underwriters in connection with CorpBanca’s registered offering of $800,000,000 3.125% Senior Notes due 2018. Proceeds from the offering will be applied towards general corporate purposes, primarily to fund CorpBanca’s lending activities.
Shearman & Sterling Advises on the Province of Ontario’s $500 Million and $1 Billion Bond Offerings
Shearman & Sterling represented the Province of Ontario (“Ontario”) in connection with Ontario’s public offerings of US$500,000,000 of its Floating Rate Bonds due August 13, 2015 and US$1,000,000,000 of its 1.200% Bonds due February 14, 2018 (together, the “Bonds”). Application will be made to the Luxembourg Stock Exchange (“LSE”) for the Bonds to be admitted to trading on the Euro MTF Market of the LSE.
Tags: Shearman & Sterling LLP
Eversheds Italy Welcomes Two New Tax Partners
The Milan office of international law firm Eversheds has appointed two new partners in its growing tax team.
Tags: Eversheds Sutherland