WFW Asia Practice Advises DVB and China Development Bank on a US$358.6 Million Sale and Leaseback Transaction for China Shipping and CDB Leasing

The Singapore office of Watson, Farley & Williams LLP (“WFW”), a leading international law firm, is pleased to announce that it advised DVB Group Merchant Bank (Asia) Ltd (“DVB”) and China Development Bank, as co-lenders who financed the acquisition, on a US$358.6 million sale and leaseback transaction of a portfolio of maritime containers for China Shipping Container Lines (“CSCL”) and CDB Leasing (“CDBL”).

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Tags:  Watson Farley & Williams LLP | Singapore

Freshfields Advises on Biffa Recapitalisation

International law firm Freshfields Bruckhaus Deringer has advised the co-ordinating committee and ad-hoc working group representing senior lenders on the £1bn recapitalisation of the Biffa Group. Biffa is a leading nationwide integrated waste management business.

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Kirkland & Ellis Advises CVC and Cerved Technologies on its €780.0 Million High-Yield Offering and €75.0 Million Super Senior Revolving Credit Facility

Kirkland & Ellis International LLP represented Cerved Technologies S.p.A., an Italian joint stock company controlled by funds managed by CVC Capital Partners, in its offering of €780.0 million in aggregate principal amount of notes, consisting of €300.0 million of 6.375% senior secured fixed rate notes due 2020, €250.0 million of senior secured floating rate notes due 2019, and €230.0 million of 8.000% senior subordinated notes due 2021, and in its establishment of a €75.0 million super senior revolving credit facility. The transactions closed on January 29, 2013. The net proceeds of the offering were paid into escrow accounts and will be released to finance the acquisition of the Cerved Group, which is expected to complete later this year.

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Bracewell & Giuliani Welcomes Jeffrey B. Andrews as New Partner in Technology Group

Bracewell & Giuliani LLP announced that Jeffrey B. Andrews has joined the firm as a partner in the technology practice in Houston. Andrews’ practice focuses on the highly specialized fields of outsourcing, sourcing and technology transactions, and his clients span a wide range of industries, including energy, financial services, consumer products, retail, manufacturing, pharmaceuticals, commercial aviation, and telecommunications.

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Bracewell Advises Kinder Morgan Energy Partners in $5 Billion Acquisition of Copano Energy

Bracewell & Giuliani LLP is representing Kinder Morgan Energy Partners, L.P. (NYSE: KMP) in its announced agreement to acquire Copano Energy, L.L.C. (NASDAQ: CPNO), a midstream natural gas company with operations primarily in Texas, Oklahoma and Wyoming. KMP will acquire all of Copano’s outstanding units for a total purchase price of approximately $5 billion, including the assumption of debt. The transaction will be a 100 percent unit for unit transaction with an exchange ratio of 0.4563 KMP units per Copano unit.

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Tags:  Bracewell LLP | Houston

White & Case – Cukurova Wins Long-Running Litigation Over US$2 Billion Turkcell Shares

Global law firm White & Case LLP has secured an important victory for its client, Turkish conglomerate Çukurova Holding A.Ş., in its long-running dispute with Russia’s Alfa Group concerning share ownership of Turkey’s largest mobile telephone operator, Turkcell. The proceedings began almost six years ago in the courts of the British Virgin Islands and relate to a 13 percent holding in Turkcell, currently valued at approximately US$2 billion. The Privy Council (the final court of appeal from the British Virgin Islands) today delivered its judgment in favour of Çukurova.

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Grant & Eisenhofer Launches Consumer Class Action Practice, Led by Prominent Litigator Adam J. Levitt; Firm Opens Chicago Office

Leading shareholder and corporate governance law firm Grant & Eisenhofer P.A. has launched a national consumer class action litigation practice led by prominent Chicago-based litigator Adam J. Levitt. Mr. Levitt, who joins G&E as a director, will also head the firm’s newly opened Chicago office, which is expected to add more lawyers in 2013. Mr. Levitt was previously a partner with Wolf Haldenstein in Chicago.

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