Akin Gump Strauss Hauer & Feld LLP obtained a favorable verdict in a defamation case in Virginia state court on behalf of Michael Hotung, the son of a wealthy Hong Kong businessman. The younger Mr. Hotung had sued his father Eric for making defamatory and insulting comments about him following a denial of paternity.
Tags: Akin Gump Strauss Hauer & Feld LLP | Hong Kong
National law firm Ballard Spahr has hired John J. Rice to serve the law firm’s San Diego office as of counsel, according to a press release.
Formerly a federal prosecutor, Rice is an experienced litigator regarding white collar and securities issues and his legal recruitment is bound to benefit the law firm His law practice is slated to center on the defense of white collar criminals and intricate securities issues.
Tags: Ballard Spahr LLP
Leading international law firm Clifford Chance has advised Inner Mongolia Yitai Coal Company, Limited, (Yitai Coal) on its issuance of 161,465,100 H shares at US$5.54 (HK$43.00) each raising approximately US$861.2 million (HK$6.679 billion). China International Capital Corporation Hong Kong Securities Limited, BOCI Asia Limited, ICBC International Capital Limited, Merrill Lynch International, Merrill Lynch Far East, Credit Suisse (Hong Kong) Limited, UBS AG, Hong Kong Branch, BNP Paribas Capital (Asia Pacific) Limited, China Merchants Securities (HK) Co., Limited and Macquarie Capital Securities Limited acted as underwriters.
Tags: Clifford Chance LLP | BeijingLeading international law firm Clifford Chance has advised DBS Bank Limited as sole lead manager and bookrunner on the first Hong Kong dollar-denominated corporate perpetual. The HK$1 billion, 5.25% guaranteed senior perpetual securities were issued by Cheung Kong Bond Securities (02) Limited and guaranteed by Cheung Kong (Holdings) Limited.
Tags: Clifford Chance LLP | Hong Kong
The Firm is representing affiliates of Blackstone Real Estate Partners in connection with their sale of a hotel portfolio to DiamondRock Hospitality Company for approximately $495 million of cash and DiamondRock common stock. The hotels included in the sale are the Hilton Boston, the Westin Washington D.C., the Westin San Diego and the Hilton Burlington.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented Team Health Holdings, Inc. (“TeamHealth”), Ensemble Parent LLC (an affiliate of The Blackstone Group) and certain management shareholders in the sale by the selling shareholders of 9,200,000 shares of TeamHealth common stock, resulting in gross proceeds of $220,340,000. After giving effect to the offering, Ensemble Parent LLC owns approximately 40% of TeamHealth’s common stock. Barclays and Citigroup acted as underwriters for the offering.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm represented underwriters, led by Deutsche Bank, and HSBC, in connection with a public offering of €1.0 billion aggregate principal amount of 3.000% Senior Notes due 2021 by América Móvil, S.A.B. de C.V.
Tags: Simpson Thacher & Bartlett LLP
Herbert Smith has acted as counsel to the Russian state corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)”, the principal development bank of the Russian Federation, in connection with the offering of US$1 billion 6.025% loan participation notes due 2022 that closed on 5 July 2012. The notes, issued under Vnesheconombank’s existing US$30 billion loan participation notes programme, are listed on the Irish Stock Exchange and were placed in the United States pursuant to Rule 144A under the US Securities Act and outside the United States in reliance on Regulation S. Crédit Agricole, Deutsche Bank, HSBC and J.P. Morgan were the underwriters.
Tags: Herbert Smith Freehills Kramer LLP | Moscow