K&L Gates Opens Office in Seoul, Republic of Korea

The Korean Ministry of Justice this week granted final approval of the application of global law firm K&L Gates LLPfor a foreign legal service office in Seoul, the capital of the Republic of Korea. Pending registration with the Korean Bar Association in the coming weeks, K&L Gates’ Seoul office — the firm’s 42nd office worldwide and seventh in Asia — will be formally launched in January 2013. K&L Gates is one of the first U.S.-based law firms to avail themselves of the benefits of the Korea-U.S. Free Trade Agreement, which, upon becoming effective in March 2012, opened the Korean legal market to U.S. law firms for the first time.

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Tags:  K&L Gates LLP

Clifford Chance and Al Jadaan & Partners Law Firm Advise on a Proposed US$1.3 Billion Saudi Shipping Merger

International law firm Clifford Chance, in conjunction with Al Jadaan & Partners Law Firm, has advised The National Shipping Company of Saudi Arabia (Bahri) in relation to the proposed US$1.3 billion merger of the fleets and operations of Bahri and Vela International Marine Ltd., a wholly-owned subsidiary of Saudi Aramco. The definitive transaction documents were signed in Riyadh on 4 November 2012.

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Tags:  Clifford Chance LLP | Dubai

Jenner & Block Represents General Dynamics in Public Offering of $2.4 Billion of Notes

Jenner & Block recently represented General Dynamics in a public offering of an aggregate of $2.4 billion of notes, guaranteed by certain of GD’s key operating subsidiaries, consisting of $900 million of 1.000% Notes due 2017, $1 billion of 2.250% Notes due 2022 and $500 million of 3.600% Notes due 2042. The transaction was launched on Thursday, November 1, 2012, and was priced later that day after a brief period of marketing by GD’s underwriters J.P. Morgan Securities, BofA Merrill Lynch, RBS Securities and Wells Fargo Securities. The offering was completed on November 6, 2012.

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Tags:  Jenner & Block, LLP