CMS today announced the opening of a new office in Dubai – initially to service energy clients – consolidating its presence in the Middle East.
Tags: CMS | Dubai
Gardere Represents BP in Sale of Gulf of Mexico Assets to Plains Exploration and Production Company
Gardere Wynne Sewell LLP represented BP in its sale, announced on Sept. 10, 2012, of interests in a number of oil and gas fields in the deepwater U.S. Gulf of Mexico to Plains Exploration and Production Company for a total of $5.55 billion. BP is selling its interests in three BP-operated assets: the Marlin hub, comprised of the Marlin Dorado and King fields; Horn Mountain; and Holstein. The deal also includes BP’s stake in two non-operated assets: Ram Powell and Diana Hoover. Completion of the sale remains subject to regulatory approvals, certain pre-emption rights, and customary conditions. The acquisition is expected to close by the end of 2012.
Tags: Foley & Lardner LLP | Houston
Pinsent Masons Expands Shanghai Office
International law firm Pinsent Masons has strengthened its practice in China with the arrival of partners Dr. Bernd-Uwe Stucken and Liu Wei from Salans. They are joined by their team of 13 lawyers and 12 support staff, adding real estate, tax and competition expertise to the firm’s existing corporate services in China.
Tags: Pinsent Masons LLP | Shanghai
Pryor Cashman Bolsters Corporate and China Practice Groups With Addition of Partner M. Ali Panjwani
Pryor Cashman LLP is pleased to announce the addition of M. Ali Panjwani to its Corporate and China Practice Groups as a partner. Panjwani comes to Pryor Cashman from Pillsbury Winthrop Shaw Pittman LLP where he was a key member of that firm’s Corporate & Securities practice.
Tags: Pryor Cashman LLP | New York
DLA Piper Represents Fibra UNO in US$850 Million Private Placement for the Acquisition of Real Estate
Bracewell Assists Plains Exploration in $6 Billion Acquisition Financing for Gulf of Mexico Interests
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.
Tags: Bracewell LLP | Houston
Former Patton Boggs, U.S. Department of Justice Environmental Litigator Joins Husch Blackwell
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.
Tags: Husch Blackwell LLP
Proskauer Advises RRJ Capital on China Biotech Investment
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.
Tags: Proskauer Rose LLP | Hong Kong
Cooley Advises Method Products in Sale to Ecover
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.
Tags: Cooley LLP
Latham – PXP Advised in $5.55 Billion Acquisition of Deepwater Gulf of Mexico Oil and Gas Properties
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.
Tags: Latham & Watkins LLP | Houston