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
Amy R. Granoff has joined Winstead PC as a shareholder in finance and banking. Granoff’s practice focuses on representing financial institutions, borrowers and issuers in structuring, negotiating and documenting commercial lending and other financial transactions. She joins Winstead from the Houston office of Haynes and Boone, LLP.
Tags: Winstead PC | HoustonSteptoe is pleased to announce that Assistant US Attorney Christopher Niewoehner, a deputy chief in the Financial Crimes and Special Prosecution section of the US Attorney’s Office for the Northern District of Illinois, will be joining the firm as a partner in the White-Collar Criminal Defense practice which includes acclaimed trial attorney Reid Weingarten. Mr. Niewoehner will be based in Steptoe’s Chicago office.
Ropes & Gray announced today that on July 20 the Korean Bar Association approved and registered Ropes & Gray as the first Foreign Legal Consultant Office in Korean history. At the same time, Ropes & Gray’s Seoul office officially opened its doors.
Tags: Ropes & Gray LLP