Simpson Thacher Represents Initial Purchasers in US$500 Million Senior Capital Securities Offering by Doosan Infracore Co., Ltd.

Monday, October 22, 2012

The Firm represented Citigroup Global Markets Limited, J.P. Morgan Securities plc, The Korea Development Bank and Woori Investments & Securities Co., Ltd., as initial purchasers, in connection with an offering of US$500 million aggregate principal amount of 3.250% senior capital securities (the “Securities”) by Doosan Infracore Co., Ltd. (“Doosan Infracore”). The Securities, issued in the form of perpetual hybrid bonds, are structured to give a put option to the investors upon the occurrence of certain defined events. The put option is backed by credit enhancement provided by a syndicate of commercial banks. This was the first hybrid perpetual bonds offering by a corporate issuer in Korea.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Hunton & Williams LLP Expands National Litigation Practice with Addition of Paul Huck Jr. in Miami

Monday, October 22, 2012

Hunton & Williams LLP announces Paul C. Huck Jr. joined the firm’s national litigation practice as a partner in the Miami office. A former general counsel to Florida Gov. Charlie Crist (2007-2008), Huck enjoyed an extensive legal career in both the private and public sectors, and has represented entities and individuals in complex commercial litigation and cases of constitutional significance before state and federal trial and appellate courts. Prior to his tenure as the governor’s general counsel, he served as the deputy attorney general for the State of Florida. Huck was recently appointed by Florida Gov. Rick Scott to the Judicial Nominating Commission for the trial courts in Miami-Dade County and previously served on the Board of Governors of the South Florida Water Management District, which manages environmental litigation related to the Everglades.

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Tags:  Hunton Andrews Kurth LLP | Miami

Paul Hastings Represents Valley Proteins, Inc. in Perdue Farms Asset Acquisition

Monday, October 22, 2012

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Valley Proteins, Inc. in the acquisition of certain real and personal property of Perdue Farms LLC and certain of its affiliates used in the rendering business. The transaction also involved the negotiation of supply agreements between Valley Proteins, Perdue Farms and certain Perdue affiliates.

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Tags:  Paul Hastings LLP | New York