Davis Polk Advises Lehman Brothers International Europe in Multi-Billion-Dollar Settlement with Lehman Brothers Inc.

Wednesday, October 17, 2012

Davis Polk, together with Linklaters and Morgan Lewis, is advising the joint administrators of Lehman Brothers International (Europe) (“LBIE”) in connection with the settlement in principle of $38 billion in claims between LBIE and Lehman Brothers Inc (“LBI”). The settlement represents a critical milestone in the Lehman Brothers administration and brings the parties closer to unlocking substantial distributions for creditors who hold tens of billions of dollars in claims.

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Tags:  Davis Polk & Wardwell | New York

Mary Patrice Brown Joins O’Melveny

Wednesday, October 17, 2012

O’Melveny & Myers LLP announced that Mary Patrice Brown, departing Deputy Assistant Attorney General in the Criminal Division of the US Department of Justice (DOJ), has joined the Firm as a partner. Brown will be a member of the White Collar Defense and Corporate Investigations Practice and will reside in O’Melveny’s Washington, DC, office.

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Tags:  O'Melveny & Myers, LLP

Simpson Thacher Represents Credit Suisse and J.P. Morgan in US$347.6 Million Equity Offering by Promotora y Operadora de Infraestructura, S.A.B. de C.V.

Wednesday, October 17, 2012

Simpson Thacher represented Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as initial purchasers, in connection with the equity offering by Promotora y Operadora de Infraestructura, S.A.B. de C.V. (“PINFRA”) and certain selling shareholders.

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Tags:  Simpson Thacher & Bartlett LLP | Sao Paulo

Morgan Lewis Advises Pearson on $650M Acquisition of EmbanetCompass

Wednesday, October 17, 2012

Pearson plc, the world’s leading learning company, today announced the acquisition of EmbanetCompass, a provider of online learning services for non-profit academic institutions, from an investor group led by private equity and venture capital firm Technology Crossover Ventures and global education company Knowledge Universe, for $650 million in cash. The transaction is subject to Hart-Scott-Rodino review.

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Tags:  Morgan Lewis & Bockius LLP | New York

Baker & McKenzie Advises on Dynasty REIT’s IPO, the First RMB-Denominated Equity to be Listed on the Singapore Stock Exchange

Tuesday, October 16, 2012

Baker & McKenzie is acting as counsel to ARA Asia Dragon Fund (“ADF”) in relation to Dynasty Real Estate Investment Trust’s (“Dynasty REIT”) landmark initial public offering  (“IPO”) in Singapore.  ADF is the seller of the three commercial properties, located in primary commercial centres in Nanjing, Dalian and Shanghai, that will form the initial portfolio of Dynasty REIT.  In addition, the Firm is acting as borrower’s counsel to Dynasty REIT on its IPO-related debt financing.

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Tags:  Baker & McKenzie LLP | Hong Kong