International law firm Simmons & Simmons has appointed Simon Hilditch as an Insurance Litigation partner in the London office.
Tags: Simmons & Simmons
Simmons & Simmons Advises Amadeus on Major Agreement with Saudi Airlines
Simmons & Simmons has advised Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, on a major services and software solution development and implementation agreement with Saudi Airlines (Saudia). The agreement was signed on 8th September 2012.
Tags: Simmons & Simmons | Dubai
Dechert Boosts Luxembourg and Pan-European Financial Services Practice with Partner Hire
International law firm Dechert LLP announced today that Patrick Goebel has joined the firm’s financial services and investment management group as a partner in Luxembourg. Goebel was previously with Allen & Overy LLP.
Tags: Dechert LLPRestructuring and Insolvency Partner to Join SH
International law firm Stephenson Harwood has appointed Elizabeth (Libby) Elliott to its banking group within the finance practice. Elizabeth joins from the restructuring and insolvency group of SNR Denton where she was a partner. She joins Sue Moore who arrived at Stephenson Harwood last month and who was also previously a partner in the SNR Denton restructuring and insolvency group.
Justin Greenblum Joins CL&M as a Partner
Carter Ledyard is pleased to announce that Justin A. Greenblum has joined the firm as partner in its Litigation Department effective November 9, 2012.
Tags: New York
Willkie Paris Office Advises Bank Pools and 44 French Authorities on €610 Million Bond Issue
On November 8, it was announced that a group of 44 French local authorities, including regions, cities, and other local public institutions, successfully launched a €610 million jumbo bond at 4.30% due in 10 years. A multidisciplinary team of Willkie attorneys represented all 44 issuers and bank pools including Natixis, CACIB and HSBC. The newly announced bond issue, the first bond issue of this size in France relative to the large number of entities involved, will finance public investments that were pending due to the several months-long banking liquidity shortage. More than 30 French and international investors have already subscribed to this currently unrated bond.
Tags: Willkie Farr & Gallagher LLP
Experienced Trusts & Estates Lawyer Peter Hatinen Joins Faegre Baker Daniels
Peter S. Hatinen has joined Faegre Baker Daniels LLP as a partner in the wealth management group. He will practice from the law firm’s Minneapolis office.
Tags: Faegre Drinker Biddle & Reath LLP
Davis Polk – McJunkin Red Man Corporation $650 Million Term Loan Credit Facility
Davis Polk advised Goldman Sachs Lending Partners LLC as lead arranger and Bank of America, N.A. as administrative agent in connection with the redemption of McJunkin Red Man Corporation’s (MRMC) 9.5% senior secured notes due 2016 (the “Notes”) with a new $650 million senior secured term loan credit facility. The new credit facility is secured by a security interest in substantially all the assets of MRMC, MRC Global, Inc. (MRC Global), the parent of MRMC, and MRC Global’s material domestic subsidiaries on a first-lien or, in the case of certain assets also securing MRC Global’s asset-based revolving facility, a second-lien basis. The Notes will be redeemed with the proceeds of term loans under the new facility and drawings under MRMC’s revolving facility. U.S. Bank National Association is acting as collateral trustee under the new term loan facility.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk Adds Top-Tier U.K. M&A Lawyer Will Pearce, Further Developing London-Based English Law Practice
Davis Polk today announces that Will Pearce, a prominent M&A and corporate finance lawyer, will join the firm as a partner in its London office. Mr. Pearce’s arrival expands Davis Polk’s London-based English law practice, which launched earlier this year with Simon Witty, one of the City’s preeminent capital markets lawyers, and Jonathan Cooklin, an equally distinguished tax lawyer. With a rapidly growing suite of premier English law capabilities to complement its unsurpassed U.S. law practice in London, the firm further expands the scope of its offerings on complex securities, mergers and acquisitions and other cross-border corporate matters in the world’s key financial centres.
Tags: Davis Polk & Wardwell LLP
Herbert Smith Freehills Advises CNOOC on Its Heads of Agreement to Acquire QCLNG Stake and New LNG Supply
Herbert Smith Freehills has recently advised China National Offshore Oil Corporation (CNOOC) on its entry into a Heads of Agreement (HOA) with BG Group for the acquisition of major interests in the Queensland Curtis LNG (QCLNG) project in Australia for $1.93 billion and the sale of liquefied natural gas (LNG) from BG Group’s global LNG portfolio. Fully-termed transaction agreements are expected to be executed in the first half of 2013, and upon closing, CNOOC will reimburse BG Group for its share of QCLNG project capital expenditures incurred from 1 January 2012.
Tags: Herbert Smith Freehills Kramer LLP | Hong Kong