Paul Hastings Advises on Three Hong Kong IPOs

Paul Hastings, a leading global law firm, announced today that it has acted in connection with three more Hong Kong IPO transactions, advising the underwriters on global offerings by Tsui Wah Holdings Limited (“Tsui Wah”), Casablanca Group Limited (“Casablanca”) and Future Land Development Holdings Limited (“Future Land”), and the related listings on the Hong Kong Stock Exchange.

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Tags:  Paul Hastings LLP | Hong Kong

Chadbourne Represents Southern Cross in Investment Agreement with Ultrapetrol (Bahamas) Ltd.

Chadbourne & Parke LLP represented Southern Cross Latin America Private Equity Funds III and IV (collectively “Southern Cross”) and certain of their affiliates, in connection with their proposed investment of $220 million in Ultrapetrol (Bahamas) Limited (“Ultrapetrol”) (NASDAQ: ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business).

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Tags:  New York

McDermott Achieves Complete Victory for The Kroger Co.

International law firm McDermott Will & Emery LLP achieved a complete victory for Firm client The Kroger Co. in the United States Court of Appeals for the Ninth Circuit this month when the court dismissed the government’s appeals inFred Meyer, Inc. v. Commissioner, No. 12-72368 (Nov. 14, 2012), and Ralphs Grocery Co. v. Commissioner, No. 12-72369 (Nov. 14, 2012). According to the company’s SEC filings, as of August 11, 2012, an adverse decision would have required a cash payment of up to approximately $567 million, including interest.

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Tags:  McDermott, Will & Emery

Milbank Represents Lenders in $189 M Refinancing of Hardee Power Project

International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Project Finance partners Daniel J. Michalchuk,William B. Bice and Daniel Bartfeld, represented the lenders, Mizuho Corporate Bank Ltd. and Sumitomo Mitsui Trust Bank, Ltd., in the $189 million refinancing of the Hardee Power Plant (“Hardee”) project in Bowling Green, Florida. Located approximately 60 miles southeast of Tampa, the Hardee facility, is a 370-MW natural gas-fired electric generation facility including both combined cycle and peaking capabilities. The facility is jointly owned by affiliates of Marubeni Power International, Inc. and Invenergy LLC.

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Tags:  Milbank LLP | New York