Paul Hastings LLP, a leading global law firm, announced today that it has advised the Pacific Islands Conservation Initiative (PICI) in a pro-bono effort to establish regulations that create a shark sanctuary in the Cook Islands. The regulations prohibit certain commercial fishing activities within the Cook Island’s exclusive economic zone (EEZ)—an area of ocean approximately 1.9 million square kilometers (756,000 square miles) in size—that threaten sharks, and ban the possession, sale, and trade of shark and shark products. This newly established protected area neighbors the shark sanctuary recently announced by Tahiti Nui (French Polynesia), and will connect with the EEZs of American Samoa and Tokelau to create the largest contiguous shark conservation area in the world—an area over 6.7 million square kilometers (2.6 million square miles) in size.
Tags: Paul Hastings LLP | San FranciscoBaker Donelson Adds Experienced Telecommunications Attorneys to Real Estate Group
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC, announces the addition of Andy Rotenstreich and Thomas J. Buchanan to the Firm’s Birmingham office.
Tags: Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C.Akin Gump Advises Hicks Equity Partners in Formation of Industrial Components Company
Akin Gump Strauss Hauer & Feld LLP advised Hicks Equity Partners in a partnership it established with The Riverside Company to form H-D Advanced Manufacturing Company, a holding company specializing in heavy-duty, precision-engineered industrial components. The former CEO of a Hicks portfolio company will lead H-D.
Tags: Akin Gump Strauss Hauer & Feld LLP | DallasClifford Chance Advises CLP Holdings on Its $982 Million Sale of New Shares
Leading international law firm Clifford Chance has advised CLP Holdings Limited on its US$982 million placing of new shares. The placing was done by way of a tender process whereby selected banks were invited to submit bids to underwrite the placing. The placing agents for this transaction were Goldman Sachs, J.P. Morgan and UBS.
Tags: Clifford Chance LLP | Hong KongClifford Chance Advises on Jumbo US$1.5 Billion Bond Issuance Guaranteed by China Development Bank, Hong Kong Branch
Leading international law firm Clifford Chance has advised the joint lead managers1 on the issue by Amber Circle Funding Limited of US$500 million 2% guaranteed notes due 2017 and US$1 billion 3.25% guaranteed notes due 2022, guaranteed by China Development Bank Corporation, Hong Kong Branch.
Tags: Clifford Chance LLP | Hong KongWhite & Case Advised on US$625 Million Facilities Agreement for the Acquisition of Scotsman Industries by Ali Group
Global law firm White & Case LLP has advised Bank of America, N.A., BNP Paribas S.A. and other financial institutions, in connection with the Italian, German and Finnish law aspects of a US$625 million term and revolving facilities agreement for the acquisition of Scotsman Industries, Inc. by Ali Group North America Corporation. The facilities were guaranteed by Italian parent company Ali S.p.A. and granted to its subsidiary Ali Group North America Corporation, as borrower.
Tags: White & Case LLPDLA Piper Expands German Restructuring Practice
DLA Piper Represents Trident Microsystems in Confirmation of Chapter 11 Plan
DLA Piper served as lead counsel to Trident Microsystems, Inc., a publicly traded leader in the semiconductor sector in the digital television and set-top box industries, along with its 15 subsidiaries in the Cayman Islands, Asia and throughout Europe, as its Chapter 11 plan was confirmed by the US Bankruptcy Court for the District of Delaware. The plan will return a distribution of 90 percent to unsecured creditors of the Cayman Island company and 100 percent to unsecured creditors of the US parent company, and will provide a substantial return to equity holders of the US parent company.
Tags: DLA PiperSimpson Thacher Represents Underwriter in Avago Secondary Offering Totaling Approximately $740 Million
Simpson Thacher recently represented the underwriter, Citigroup Global Markets Inc., in a public offering of 21,490,022 ordinary shares of Avago Technologies Limited by several of Avago’s shareholders for aggregate gross proceeds of approximately $740 million.
Tags: Simpson Thacher & Bartlett LLP | Silicon ValleyPinsent Masons Boosts Planning & Environment Team with Partner Appointment
Pinsent Masons has strengthened its national planning and environment team with the recruitment of Mike Pocock as a partner.
Tags: Pinsent Masons LLP