Crowell & Moring Has Expanded Its Tax Group With Addition of State and Local Tax Team

Wednesday, August 22, 2012

Crowell & Moring LLP has expanded its Tax Group with the addition of two nationally recognized partners in the firm’s Washington, D.C. office. Donald M. Griswold and Walter Nagel are moving their practices from Reed Smith LLP to Crowell & Moring, where they will provide counseling to Fortune 500 clients on state and local tax (SALT) matters, including mergers and acquisitions, state tax planning, and audit defense and litigation. Griswold and Nagel will also be joined by an associate.

More >>

Tags:  Crowell & Moring LLP

Bracewell Represents Canyon Partners LLC in $200 Million Acquisition of Houston Pavilions

Wednesday, August 22, 2012

Bracewell & Giuliani LLP represented Canyon Partners LLC in the $200 million acquisition of Houston Pavilions, a mixed-use complex. Investment manager Canyon Partners LLC is partnering with basketball legend Earvin “Magic” Johnson in a private equity venture, one that has teamed up with Texas developer Midway Cos. for this particular acquisition.

More >>

Tags:  Bracewell LLP | Houston

Bracewell Represents Citigroup in Financing Connected with Boardwalk Pipeline Partners’ Purchase of PL Midstream LLC

Wednesday, August 22, 2012

Bracewell & Giuliani LLP represents Citigroup, as lead arranger and administrative agent, in a $225 million term loan acquisition financing to a joint venture between Boardwalk Pipeline Partners and its general partner Loews Corporation, in connection with the acquisition of PL Midstream LLC from PetroLogistics. PL Midstream provides salt-dome storage, pipeline transportation, fractionation and brine supply services for producers and consumers of natural gas liquids, natural gas, and petrochemical through southern Louisiana.

More >>

Tags:  Bracewell LLP | Houston

Goodwin Procter Expands Technology Companies, M&A Practices With Addition of Lawrence M. Chu in Silicon Valley

Wednesday, August 22, 2012

Goodwin Procter, a national Am Law 50 firm, announced today that Lawrence M. Chu has joined the firm’s Business Law Department in its Silicon Valley office as a member of Goodwin’s Technology Companies, M&A/Corporate Governance and Private Equity Practices. He will focus on mergers and acquisitions, dispositions and corporate finance transactions in the technology, Internet, digital media, financial technology, e-commerce and biotech industries, and will help to lead the growth of the technology M&A practice on the West Coast. Chu joins Goodwin from Wilson Sonsini Goodrich & Rosati in San Francisco where he was a partner.

More >>

Tags:  Goodwin Procter LLP | Silicon Valley

Nationally Recognized Financial Regulatory Attorney Leonard Chanin to Rejoin Morrison & Foerster as a Partner in its Washington, D.C. Office

Wednesday, August 22, 2012

Morrison & Foerster LLP announced today that Leonard Chanin will rejoin the firm as a Partner in its Washington, D.C. office as a member of the firm’s Financial Services Practice. Mr. Chanin is a recognized expert in the field of consumer financial protection, with extensive experience in regulation and supervision of the myriad of statutes affecting retail banking.

More >>

Tags:  Morrison & Foerster LLP

Mayer Brown JSM Advised Swire Resources on JV with Columbia Sportswear in China

Wednesday, August 22, 2012

Mayer Brown JSM advised Swire Resources Ltd. on the formation of a multi-million retail joint venture in China with Columbia Sportswear Co. The formation of the joint venture is the culmination of the long-standing relationship between Swire Resources Ltd. and Columbia Sportswear Co. Swire Resources Ltd., a subsidiary of Hong Kong–based conglomerate Swire Pacific Ltd., has been the exclusive independent distributor of Columbia and Mountain Hardwear–branded products in China and Hong Kong since 2004.

More >>

Tags:  Mayer Brown LLP | Hong Kong

Cahill – Seven Seas Cruises Completes $340 Million Credit Facility

Wednesday, August 22, 2012

Cahill represented Deutsche Bank as administrative agent and Deutsche Bank and Barclays Bank as lead arrangers in connection with the $340,000,000 credit facility comprised of a $300,000,000 Term B loan and a $40,000,000 revolving credit facility for Seven Seas Cruises S. de R.L. and SSC Finance Corp. Proceeds from the facilities will be used to refinance existing indebtedness and for general corporate purposes.

More >>

Tags:  Cahill Gordon & Reindel LLP | New York

Herbert Smith Advises CNOOC on Its 25% Participating Interest in Shell’s Offshore Exploration Blocks in Gabon

Wednesday, August 22, 2012

Herbert Smith has recently advised China National Offshore Oil Corporation (“CNOOC”) on its acquisition of a 25% participating interest of Shell’s offshore exploration blocks BC9 and BCD10 in Gabon (“Transaction”), Africa. CNOOC will reimburse Shell for 25% of certain part of the exploration costs and carry part of the future exploration costs. Shell will remain operator with a 75% participating interest. The Transaction was announced on 25 July 2012 and is subject to government approval.

More >>

Tags:  Herbert Smith Freehills LLP | Hong Kong