Clifford Chance Advises TAM S.A. on Its Combination with LAN Airlines

Leading international law firm Clifford Chance has advised TAM S.A. on its combination with LAN Airlines to form LATAM Airlines Group S.A. The deal, which closed on June 22, took more than a year-and-a-half to complete and required both Brazilian and Chilean regulatory approvals. The completed transaction results in the largest airline in South America with a fleet of 310 aircraft, and one of the largest airlines in the world by market value.

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Tags:  Clifford Chance LLP | New York

Linklaters Advises on First Project Financing Led by a Chinese Bank in Europe

Linklaters has advised China Development Bank on its EUR350 million project financing of a 300MW mine mouth coal fired power plant in Stanari, Republic of Srpska, Bosnia and Herzegovina. The first ever project financing led by a Chinese bank in Europe, this transaction is also one of the largest independent power projects in the region and the first large scale power project to be constructed by Chinese contractors in Europe.

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Tags:  Linklaters LLP | Beijing