WFW Asia Practice Acts for BGCM Partnership on the Sale of Part of Its Container Fleet to Seaborne Intermodal

The Singapore office of Watson, Farley & Williams LLP (“WFW”), a leading international law firm, is pleased to announce that it has advised BGCM Partnership in relation to the sale of a substantial part of its managed marine cargo container fleet to Seaborne Intermodal, a subsidiary of US private equity firm Lindsay Goldberg, for a consideration of approximately US$408,000,000. The disposal comes as BGCM Partnership – an unlimited partnership registered in Singapore – exits its investments in order to return funds to its investors.

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Tags:  Watson Farley & Williams LLP | Singapore

Ashurst Advises on HKD 5.9 Billion Public Takeover of Trauson Holdings

Ashurst has advised Trauson Holdings Company Limited (“Trauson“) in relation to its proposed public takeover by Stryker Corporation (“Stryker“) for a total cash consideration of approximately HKD 5.9 billion (approximately USD 761 million). Stryker’s offer price of HKD 7.50 per share represents a 66.7% premium to the closing price of HKD 4.50 on the last full trading date, 7 January 2013.

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Tags:  Ashurst | Hong Kong

Jones Day Expands European Business Restructuring & Reorganization Practice with New Partner Juan Ferre in Spain

The global law firm Jones Day has announced that Juan Ferré has joined the Firm and will lead its Madrid Business Restructuring & Reorganization Practice. Mr. Ferré is a leading bankruptcy lawyer in Spain with more than 15 years of experience in restructuring and insolvency. He arrives at Jones Day from the boutique restructuring firm Pluta in Madrid where he was Partner in Charge.

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DLA Piper Advises Better Capital on Irish Turnaround Joint Venture Fund

DLA Piper is pleased to announce it has advised Jon Moulton’s Better Capital LLP (“Better”) and BECAP12 Fund LP (“Better Capital Fund II “), one of the funds in which listed Better Capital PCC Limited invests, on an innovative joint venture fund with the National Pensions Reserve Fund of Ireland (“NPRF”), Ireland’s €14 billion social welfare and public service pension fund.

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Tags:  DLA Piper

Duane Morris Newark Office Adds Corporate Partner David A. Sussman

Duane Morris is pleased to announce that David A. Sussman has joined the firm’s Corporate Practice Group as a partner in its Newark office. Sussman further strengthens Duane Morris’ corporate practice, particularly in the area of private equity transactions. He joins Duane Morris from Day Pitney LLP, where he was co-chair of that firm’s private equity and investment funds practice group.

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