The London and Johannesburg offices of leading international legal practice Norton Rose are advising Zimbabwe Power Company (ZPC) as sponsor of the Kariba South Power Station Extension project, in the Mashonaland West province of Zimbabwe.
Tags: Norton Rose Fulbright
Cadwalader, Wickersham & Taft LLP (“Cadwalader”) and Joseph P.C. Lee & Associates have advised Wison Engineering Services Co. Ltd. (“Wison Engineering”) as to United States and Hong Kong law on the completion of its initial public offering and listing in Hong Kong. The deal marks an important broadening of the firm’s international capital markets offering, which expanded in 2012 with the addition of three seasoned partners and a team of associates with deep experience in Asia.
Tags: Cadwalader, Wickersham & Taft LLP | Hong Kong
Paul Hastings, a leading global law firm, announced today that the firm, advised Medica France, an owner and provider of retirement and nursing homes in France and Italy, in connection with the completion of the sale/lease-back of 15 retirement facilities worth €131 million ($175 million) over 12 years. A banking consortium led by Natixis Lease purchased the portfolio of retirement facilities, which provide beds for 1,100 elderly persons. Terms of the transaction allow Medica France to retain an option for repurchasing the assets.
Tags: Paul Hastings, LLP
Reed Smith LLP, a leading international law firm, today announced the addition of Jeff Legault as a partner in its firmwide Corporate & Securities practice in the firm’s New York office.
Tags: Reed Smith LLP | New York
Michael K. Bolton, a nationally known transactional oil and gas lawyer from the Houston, Texas market has moved his energy practice to Faegre Baker Daniels LLP.
Tags: Faegre Drinker Biddle & Reath LLP | Denver
Davis Polk is advising MSCI Inc. in connection with its $23.5 million acquisition of Investor Force Holdings, Inc. The transaction is expected to close in the first quarter of 2013, subject to customary closing conditions.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk is advising Aetna Inc. on its sale of Missouri Care, its Missouri Medicaid business, to WellCare Health Plans, Inc. Financial terms were not disclosed. The transaction is subject to customary closing conditions, including regulatory approval. The sale of Missouri Care is related to Aetna’s pending acquisition of Coventry Health Care, Inc., which was announced in August 2012.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk is advising Freeport-McMoRan Copper & Gold Inc. in connection with the acquisition from OM Group, Inc. of a large scale cobalt refinery in Kokkola, Finland through a newly formed joint venture to be held by Freeport-McMoRan Copper & Gold, Lundin Mining Corporation and La Generale des Carrieres et des Mines for total consideration of up to $435 million. The sale is subject to customary closing conditions and regulatory approvals and is expected to close in the second quarter of 2013.
Tags: Davis Polk & Wardwell LLP | New York
Nossaman LLP adds Geoffrey Etnire as a partner in the firm’s Real Estate Practice Group. Mr. Etnire will split his time between the firm’s San Francisco and Washington, DC offices. His move to the firm comes on the heels of the recent additions of real estate partners Tony and Sylvia Arostegui in the Sacramento office and Daniel Katz in the Los Angeles office.
Tags: Nossaman LLP | San FranciscoPaul Hastings LLP, a leading global law firm, announced today that the firm has advised Capita Asset Services, Europe’s largest provider of loan services to financial institutions’ loan portfolios and securitised pools of commercial mortgage loans, in connection with the restructuring, the proposed insolvency plan proceedings of the borrowers and sale of the Xanadu loan owned by Cornerstone Titan 2007-1 PLC with a nominal amount of over €266 million outstanding. Cornerstone Titan 2007-1 was originally a securitisation of 32 commercial mortgage loans originated by Credit Suisse and Capmark Bank Europe, with an aggregate balance of EUR1.32bn.The transaction is subject to several closing conditions.
Tags: Paul Hastings, LLP