Kramer Levin Represents Noteholders in Connection with a Private Exchange of Approximately $1.6 billion of Outstanding Energy Future Holdings Unsecured Notes

Kramer Levin represented certain noteholders in connection with a private exchange of approximately $1.6 billion in various classes of outstanding Energy Future Holdings unsecured notes for approximately $1.15 billion of new unsecured notes issued by EFH’s subsidiary, Energy Future Intermediate Holdings, in a transaction which closed Wednesday, December 5.

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Tags:  Kramer Levin Naftalis & Frankel LLP | New York

New Partner Widens Shoosmiths’ Pensions Scope

Shoosmiths has extended the scope of its pensions team with a partner hire in Manchester.

Paul Carney joins the national law firm to address growing client demand for pensions advice in the north west.

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Davis Polk Advises BBAM on Onex’s Acquisition of a 50% Stake in BBAM and Investment in FLY Leasing

Davis Polk is advising BBAM Limited Partnership in connection with Onex Corporation’s acquisition of a 50% stake in BBAM for $165 million. Onex and BBAM have also committed to invest $25 million in the aggregate in newly issued shares of FLY Leasing Limited, a leading global lessor of commercial jet aircraft managed by BBAM. The BBAM investment is expected to close before the end of 2012.

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Tags:  Davis Polk & Wardwell LLP