Anderson Kill & Olick, PC. is pleased to announce that Robert D. Chesler, a pioneer of insurance coverage litigation on behalf of policyholders, has joined the firm as a shareholder in the Newark, New Jersey office. He comes to Anderson Kill from Lowenstein Sandler PC.
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On 1 September, international law firm Pinsent Masons will open its second office in continental Europe, in Paris. It will consist of a nine partner team offering a full service range of legal services including corporate, M&A, commercial, restructuring, finance, real estate, IT/IP, employment, litigation and arbitration.
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Paul Hastings, a leading global law firm, announced today that it advised China Everbright International Limited (“China Everbright”), a Hong Kong-listed company focusing on environmental protection and alternative energy businesses in China, and its controlling shareholder Guildford Limited, on China Everbright’s US$162 million top-up placement. J.P. Morgan was the sole placing agent. China Everbright plans to use the net proceeds for the development of its environmental protection business and for general working capital.
Tags: Paul Hastings, LLP | Hong KongPaul Hastings LLP, a leading global law firm, announced today that the firm is representing Weichai Power in the purchase of a 25% stake in KION Group, a worldwide leading provider of forklifts, warehouse equipment and other industrial trucks, and in the acquisition of a 70% stake in KION’s hydraulics business, Linde Hydraulics. Weichai Power is a leading automotive and equipment manufacturing group in China.
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Simmons & Simmons has expanded its international Corporate & Commercial Group with the appointment of Helmut Kempf as a partner.
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Davis Polk advised Deutsche Bank AG, Hong Kong Branch and Credit Suisse (Hong Kong) Limited as (i) placing agents in connection with the Rule 144A placement of 443,248,000 existing shares and subscription of 443,248,000 new shares in China Power International Development Limited (CPIDL) and (ii) joint underwriters and joint bookrunners in connection with the Regulation S offering by CPIDL of RMB1,140 million USD-settled 2.75% convertible bonds due 2017.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk advised Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as underwriters on a public offering by Laboratory Corporation of America Holdings (LabCorp) of $500 million aggregate principal amount of 2.20% senior notes due 2017 and $500 million aggregate principal amount of 3.75% senior notes due 2022.
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Herbert Smith has advised Macquarie Capital as placing agent in connection with the sale of 9.1 million shares in SM Investments Corporation, a Manila-based conglomerate listed on the Philippine Stock Exchange, under a top-up placing structure.
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The Am Law Daily reports on ING reaching an agreement to sell ING Direct Canada to Scotiabank for CAD 3.1 billion (“S&C, Canadian Firms Take Top Billing on Scotiabank’s $3.1 Billion ING Buy,” access required to view article).
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