Paul Hastings Represents RBC Capital Markets and Barclays Bank PLC in $275 Million Financing for the Jordan Company’s Acquisition of Sequa Corporation Automotive Unit

Wednesday, January 16, 2013

Paul Hastings LLP, a leading global law firm, represented RBC Capital Markets and Barclays Bank PLC, as Joint Lead Arrangers and Joint Bookrunners, Royal Bank of Canada, as U.S. Administrative Agent, and RBC Europe Limited, as European Administrative Agent, in connection with the financing for Sequa Corporation’s sale of its automotive unit to The Jordan Company, a New York-based private equity firm. The financing consisted of $275,000,000 in U.S. and European senior secured credit facilities.

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Tags:  Paul Hastings, LLP | New York

Dorsey Adds Highly Regarded Construction and Government Contract Partners To Seattle Office

Wednesday, January 16, 2013

International law firm Dorsey & Whitney LLP announced today that Traeger Machetanz and Jon DeMella have joined the Firm’s Seattle office as Partners. Mr. Machetanz’s practice focuses on construction-related matters and he is widely known in the Seattle and Anchorage, Alaska construction industry communities. Mr. DeMella’s practice focuses on government contract issues and he has a strong background in the complexities of various government contract programs, regulations and the bidding and bid protest processes. Mr. Machetanz and Mr. DeMella are two key strategic recruitments as Dorsey continues to build full-service construction and government contracts practices serving the Seattle and Anchorage markets.

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Tags:  Dorsey & Whitney LLP

Simpson Thacher Represents Northwood in Raising $500 Million of Additional Capital for Evergreen Real Estate Private Equity Fund

Wednesday, January 16, 2013

Simpson Thacher represented Northwood Investors LLC (“Northwood”) in its third offering of interests in Northwood Real Estate Partners LP and its related funds, which are private equity funds focused on investing in a wide range of real estate assets worldwide. The funds closed on $500 million of capital commitments during a 90-day period that ended in December 2012, bringing total capital commitments raised to approximately $2.8 billion. The funds’ capital commitments may grow over time as the result of a unique evergreen feature that allows the funds to reinvest investment proceeds, subject to certain limitations.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Irwin Mitchell Boosts Real Estate Team With DLA Hires

Wednesday, January 16, 2013

Irwin Mitchell’s vision to be recognised as one of the leading real estate law firms in the UK has received a major boost after it confirmed that high profile commercial property lawyers, Anita Weightman, Roy Beckett, Patrick Duffy and Tony Weightman, will join the firm’s Manchester office from DLA Piper on 1 February 2013.

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Tags:  DLA Piper

Energy Duo Added to Bracewell & Giuliani’s London Office

Wednesday, January 16, 2013

Bracewell & Giuliani LLP announced today that it is adding energy Partners Julian Nichol and Alastair Young to its London office. Nichol will serve as the office’s managing partner. These additions will serve to expand and enhance Bracewell’s globally recognized energy practice.

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Tags:  Bracewell LLP

Appleby Advised Peak Reinsurance Holdings Limited and International Finance Corporation to Capitalise on Asian Reinsurance Demand

Wednesday, January 16, 2013

Peak Re’s Hong Kong subsidiary Peak Reinsurance Company Limited is aiming initially to capture the growing demand for reinsurance in the Asia-Pacific region and has planned to service markets in the region. Peak Re has an issued capital of US$550 million, with Fosun International contributing US$468 million as the founding shareholder and IFC putting in an equity investment of US$82 million. Fosun International is a major investment group with a focus on China and IFC is the investment arm of the World Bank Group. Both companies have teamed up to capitalise on the growing demand of the Asia-Pacific reinsurance market.

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Tags:  Appleby | Hong Kong

Freshfields Advises Ardagh Group in Its Exclusive Negotiations with Saint-Gobain for the US$1.7 Billion Purchase of Verallia North America

Wednesday, January 16, 2013

Leading international law firm Freshfields Bruckhaus Deringer is advising Ardagh Group, a global leader in glass and metal packaging solutions, which has entered into exclusive negotiations with Compagnie de Saint-Gobain to purchase the entire issued capital of Verallia North America (“VNA”) for US$1.7bn (approximately €1.275bn).

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Tags:  Freshfields LLP

Freshfields Advises Emirates NBD on Acquisition of Majority Stake in BNP Paribas Egypt

Wednesday, January 16, 2013

Leading international law firm, Freshfields Bruckhaus Deringer has advised UAE banking group Emirates NBD on its acquisition of a 95.2% stake in BNP Paribas Egypt. In line with Emirates NBD’s plans for regional expansion, the deal will greatly expand the bank’s corporate and retail offering and give it a strategic presence in the key Egyptian banking market.

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Tags:  Freshfields LLP | Dubai