A team of Haynes and Boone, LLP attorneys from four offices advised Panda Power Funds on the completion of secured financing to develop a natural gas-fired power plant in Temple, Texas. This generation will be important to the Electric Reliability Council of Texas, Inc. (ERCOT) power region in adding much-needed new capacity as a result of rapidly declining reserve margins.
Tags: Haynes and Boone, LLP | Austin
DLA Piper announced today that Franklin D. Kang has joined the Intellectual Property and Technology and Korea practices as a partner in the Los Angeles office.
Tags: DLA Piper | Los Angeles
Helana A. Darrow has joined Frost Brown Todd as a member in the employee benefits practice area. Prior to joining the firm, Darrow was a partner with Dinsmore & Shohl. She has experience in all aspects of employee benefits and executive compensation including: counseling clients on the design, implementation, administration, operation and termination of employee benefit plans. She also represents clients before the Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation.
Tags: Frost Brown Todd LLP
Davis Polk is advising CNOOC Limited on its approximately $15.1 billion acquisition of Nexen. The transaction, which has been unanimously approved by the boards of directors of both companies, will be completed by way of scheme of arrangement and is expected to close in the fourth quarter of 2012.
Tags: Davis Polk & Wardwell LLP | BeijingDavis Polk advised Credit Suisse AG, as administrative agent, and Credit Suisse Securities (USA) LLC, as lead arranger, in connection with an amendment to Walter Investment Management Corp.’s existing first-lien senior secured credit facility, which amendment provided for an increase in the size of Walter Investment’s revolving credit facility from $45 million to $100 million.
Tags: New York
Foley Hoag LLP advised 7AC Technologies in its recent investment round from 3M’s New Ventures Business. The terms of the transaction were not disclosed.
Tags: Foley Hoag LLP
International law firm Weil, Gotshal & Manges today announced that Alex Wood from Hogan Lovells will join as a partner in the London Restructuring practice.
Tags: Weil, Gotshal & Manges, LLP
King & Spalding announced today its role as legal advisor in the formation of the TFI-Hines Brazil Income Real Estate Fund, the first Shari’ah-compliant property fund in Brazil. The fund completed its initial acquisition on July 2 — a nearly $50 million investment in the World Trade Centre complex in São Paulo, Brazil.
Tags: King & Spalding LLP | New York
Baker & McKenzie has advised a consortium of five banks led by ING Bank as coordinator of €140 million (US$173 million) new 5-year financing facilities for the Deceuninck group, a leading Euronext-listed PVC systems and building products manufacturer.
Tags: Baker McKenzie
Allen & Overy announced today that Jeffrey A. Lehtman and William E. White have joined the Washington, D.C. office as partners in its leading U.S. securities and financial services regulatory practice.
Tags: Allen & Overy LLP