The firm is representing Xiabuxiabu Catering Management (China) Holdings Co., Ltd. (“Xiabu Xiabu”) in connection with the sale of Xiabu Xiabu shares by Actis to General Atlantic.
Tags: Simpson Thacher & Bartlett LLP | Beijing
James (Jim) Witz Joins Littler In Chicago
Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, has added James (Jim) M. Witz as a shareholder to its growing ranks. Witz joins Littler from Freeborn & Peters LLP where he was a partner and head of its Non-Competition and Trade Secret practice. He will co-lead Littler’s Chicago Unfair Competition and Trade Secrets practice with Littler shareholder David Haase, in addition to continuing his general employment litigation and counseling practice.
Tags: Littler Mendelson P.C.
White & Case Advises PagesJaunes Group on a New Facility Agreement
Global law firm White & Case LLP represented PagesJaunes Group SA (“PJG”), a French directory group publicly listed on the Euronext Paris exchange, in connection with an amendment to and extension of its senior loan facilities under its €2,350,000,000 facility agreement dated 24 October 2006. The amendment extends the maturity of just under €1 billion of the company’s senior loans from 2013 to 2015 in exchange for an immediate prepayment of about €480 million of its outstanding loans and the introduction of scheduled amortization on the remaining outstanding portion of its senior loans. Lenders, whose participations represent more than 90% of the debt initially scheduled to mature in 2013, agreed to the amendment and extension.
Tags: White & Case LLP
Paul Hastings Represents Managers for La Fee Maraboutee in Connection with Secondary LBO
Paul Hastings, a leading global law firm, announced today that the firm advised the management of La Fée Maraboutée in connection with their secondary LBO. Together with the members of management, Silverfleet Capital, an investment fund, acquired all of La Fée Maraboutée’s share capital from Dzeta Conseil.
Tags: Paul Hastings, LLP
Clifford Chance Advises The State Oil Fund of Azerbaijan in Connection with 78 St James’s Acquisition
Clifford Chance has advised The State Oil Fund of Azerbaijan (SOFAZ) in connection with the indirect acquisition of 78 St James’s Street SW1 for £177.3 million. The office property, located in London’s West End, was bought from the German open-ended fund of RREEF Real Estate, the real estate investment business of Deutsche Bank’s Asset & Wealth Management division. This represents SOFAZ’s first real estate investment.
Tags: Clifford Chance LLP
Leading M&A Lawyer Sarkis Jebejian Joins New York Office of Kirkland & Ellis LLP
Kirkland & Ellis LLP announced today that Sarkis Jebejian has joined the New York office as a partner in the Corporate Practice Group. Mr. Jebejian joins the Firm from the New York office of Cravath, Swaine & Moore LLP, where he was a partner in the corporate department.
Tags: Kirkland & Ellis LLP | New York
Taylor Wessing Appoints New Corporate Partner in Middle East
International law firm Taylor Wessing (Middle East) LLP today announced the appointment of Tahir Ahmed as a new partner in its Corporate Finance group. Tahir’s appointment brings the total number of partners in the Dubai office to six and follows the recent appointment in June 2012 of Neale Downes as a partner to lead the finance team.
Tags: Taylor Wessing LLP | Dubai
Wilson Elser Expands into Milwaukee Opening Its 24th U.S. Office
To bolster the firm’s presence in the Midwest, national law firm Wilson Elser has joined forces with Milwaukee firm Leib & Katt, LLC to open the firm’s first office in Wisconsin. Opening its doors on January 1, 2013, the office will be the AmLaw 100 firm’s 24th U.S. office and the third opened in the past two years.
Tags: Wilson Elser Moskowitz Edelman & Dicker LLP
King & Spalding Advises Sprint on Acquisition of 100 Percent of Clearwire
King & Spalding advised Sprint Nextel in its definitive agreement with Clearwire Corporation in which Sprint will acquire the approximately 50 percent stake in Clearwire it does not currently own for $2.97 per share, equating to a total cash payment to Clearwire shareholders, other than Sprint, of $2.2 billion and an enterprise value for Clearwire of $10 billion. King & Spalding also advised Sprint in connection with voting and support agreements for the transaction that were obtained from Clearwire shareholders Comcast, Intel Capital and Bright House Networks.
Tags: King & Spalding LLP | New York
Stephenson Harwood Opens in Dubai
International law firm Stephenson Harwood opens its Dubai office today.
Tags: Stephenson Harwood | Dubai