In a precedent-setting private placement deal in Brazil, Milbank, Tweed, Hadley & McCloy has represented the world’s largest FPSO company SBM Offshore N.V. in a $500 million bond offering. The 15-year fixed bond, with a 5.5% coupon, was placed with 16 international institutional investors.
Tags: Milbank LLP
Mark Levine has joined Akerman Senterfitt’s Real Estate Practice Group and will be based in New York as a member of the firm’s Land Use and Development team. He joins from Herrick, Feinstein LLP, where he previously served as chair of the Land Use and Environmental Group. More >>
Tags: Akerman LLP | New York
Lewis Brisbois is pleased to announce the opening of its Seattle, Washington office. The trial attorneys of Barrett & Worden, PS have joined Lewis Brisbois, and effective November 1, 2012, will form the core of the firm’s presence in the Pacific Northwest.
Tags: Lewis, Brisbois, Bisgaard & Smith LLP
Recognizing Africa’s growing importance for clients, global law firm Baker & McKenzie has strengthened its presence on the continent.
The Firm, which is the world’s largest law firm by revenue, is today celebrating the launch of its Johannesburg office. Over 100 clients are attending the celebration at the city’s Westcliff Hotel. More >>
Tags: Baker & McKenzie LLP
Covington & Burling opens its Seoul office today after securing final approval from the Korean Ministry of Justice and the Korean Bar Association.
Tags: Covington & Burling
The global law firm Jones Day has announced that Matthew Skinner and Darren Murphy have joined the Firm’s Singapore Office as partners in the Global Disputes and Energypractices, respectively.
Tags: Jones Day LLP | Singapore
Renowned litigator Terri Mazur has joined Kaye Scholer as a partner in its New York office.
Tags: Arnold & Porter Kaye Scholer LLP | New York
King & Wood Mallesons had advised BG Group on its entry into a Heads of Agreement (HOA) for the sale of certain interests in the Queensland Curtis LNG (QCLNG) project to China National Offshore Oil Corporation (CNOOC) for $1.93 billion (marking one of China’s biggest recentinvestments into Australia), and the sale of liquefied natural gas (LNG) from BG Group’s global LNG portfolio. Fully-termed transaction agreements are expected to be executed in the first half of 2013 and, on closing, CNOOC will reimburse BG Group for its share of QCLNG project capital expenditures incurred from 1 January 2012.
Tags: King & Wood Mallesons | Hong Kong
Fish & Richardson scored a major victory for San Diego based Volcano Corporation in a patent trial regarding medical device technology used to diagnose heart problems. After less than 90 minutes of deliberation, a federal district court jury in Delaware found that Volcano did not infringe two patents asserted by St. Jude Medical Inc. and that another two St. Jude patents were invalid. A fifth St. Jude patent was declared not infringed by the court on the eve of trial. The lawsuit, filed in 2010 by St. Jude, sought to shut down Volcano’s rapidly growing cardiac Functional Management business. The verdict was delivered on October 19, 2012 and was initially subject to an agreement by the parties not to issue press releases.
Tags: Fish & Richardson, P.C.