Bracewell Assists Plains Exploration in $6 Billion Acquisition Financing for Gulf of Mexico Interests

Tuesday, September 11, 2012

Bracewell & Giuliani LLP is representing Plains Exploration & Production Company (PXP) in the acquisition financing related to PXP’s agreement to acquire Gulf of Mexico interests from BP Exploration & Production Inc. and BP America Production Company (BP) and from Shell Offshore Inc. (Shell). PXP will acquire from BP all of their interests in certain deepwater Gulf of Mexico oil and gas properties for $5.55 billion. PXP will also acquire from Shell its 50% working interest in the Holstein Field for $560 million.

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Tags:  Bracewell LLP | Houston

Former Patton Boggs, U.S. Department of Justice Environmental Litigator Joins Husch Blackwell

Tuesday, September 11, 2012

Husch Blackwell welcomes Scott E. Stewart as the newest Partner in the firm’s Washington, D.C., office. Stewart joins the firm’s Environmental & Natural Resources group, bringing more than 17 years’ of complex civil litigation experience, including 12 years’ experience as an environmental litigator, and a broad relationship network with key federal regulators and enforcement officials to aide in reaching sophisticated and financially sound resolutions for clients.

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Tags:  Husch Blackwell LLP

Proskauer Advises RRJ Capital on China Biotech Investment

Tuesday, September 11, 2012

Global law firm Proskauer served as counsel to private-equity fund RRJ Capital Ltd. in its investment in a medical diagnostics company in China. The target makes testing kits for diseases, including hepatitis and cervical and lung cancer, using molecular diagnostics, an area of preventative medicine that Beijing is keen to develop.

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Tags:  Proskauer Rose, LLP | Hong Kong

Cooley Advises Method Products in Sale to Ecover

Tuesday, September 11, 2012

Cooley LLP announced that it advised Method Products in its sale to Ecover.  The sale creates the world’s largest green cleaning company.  Method, based in San Francisco, is the leader in premium planet-friendly and design-driven home, fabric and personal care products.  Ecover is a European-based, company that manufactures eco-friendly cleaning products.

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Tags:  Cooley LLP

Latham – PXP Advised in $5.55 Billion Acquisition of Deepwater Gulf of Mexico Oil and Gas Properties

Tuesday, September 11, 2012

Plains Exploration & Production Company (PXP) has announced it has entered into a definitive agreement to acquire from BP Exploration & Production Inc. and BP America Production Company (“BP”) all of their interests in certain deepwater Gulf of Mexico oil and gas properties for $5.55 billion, as detailed in the press release below issued by PXP.

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Tags:  Latham & Watkins LLP | Houston

Real Estate/Finance Partner Ayesha Hasan Joins Locke Lord London Office as Part of Real Estate Department

Tuesday, September 11, 2012

Ayesha Hasan has joined the London office of international law firm Locke Lord as a Partner from Berwin Leighton Paisner. She has significant experience in real estate investment and finance work and in recent years has specialised in insolvency/restructuring work for her clients, which is an important and growing practice area in the Firm’s London office.

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Tags:  Locke Lord LLP