International law firm Pinsent Masons has strengthened its full service insurance practice in the City with the appointment of a new Head of Insurance, Nick Bradley. Nick’s arrival from Lawrence Graham follows a successful period for Pinsent Masons’ insurance sector which grew by 20% during the last year.
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Clifford Chance advised DIFC Investments LLC (DIFCI) in securing a USD 1.035 billion Islamic syndicated facility to contribute towards financing in full the repayment of its USD 1.25 billion Sukuk maturing 13th June 2012. This is a landmark transaction in the history of the DIFC which further evidences the commitment of Dubai to meet its obligations in a timely manner.
Tags: Clifford Chance LLP | Dubai
Paul Hastings, a leading global law firm, announced today that it represented Sino-Ocean Land Holdings Limited (“Sino-Ocean Land”), one of the leading property developers in China whose shares are listed on the Hong Kong Stock Exchange, on a 3-year multi-currency term loan facility in the principal amount of approximately US$600 million-equivalent, with US dollar, HK dollar and RMB tranches.
Tags: Paul Hastings, LLP | Hong KongPaul Hastings, a leading global law firm, announced today that it represented Samsung Electronics Co., Ltd., a world leader in advanced semiconductor solutions, on its acquisition of Sweden’s Nanoradio AB, a developer of ultra low power Wireless LAN chipsets for high-speed wireless access in mobile phones.
Tags: Paul Hastings, LLP | Hong Kong
Dechert LLP announced today that Jeremy Trinder has joined the firm as a partner in the Finance and Real Estate Practice and will be resident in the firm’s London office. Trinder was most recently a partner at White & Case LLP.
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HWL Ebsworth has announced a further significant appointment to its Melbourne office with the appointment of Anthony Seyfort as a partner in its Corporate & Commercial Group.
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It was recently announced that Willkie client Sachtleben GmbH, a manufacturer of specialty chemical products, has agreed to acquire the titanium dioxide production assets and inventory of crenox GmbH from the company’s insolvency administrator, Mr. Eberhard Stock. Sachtleben, a venture of Rockwood and Kemira, conducted the purchase agreement through its subsidiary Sachtleben Pigment GmbH. Sachtleben manufactures titanium dioxide and functional additives at plants in Duisburg, Germany and Pori Finland. The acquisition will add over 100,000 metric tons of titanium dioxide production, increasing capacity to approximately 340,000 metric tons, enhancing Sachtleben’s position as a leading global supplier of high quality TiO2 pigments. Closing of the transaction is subject to regulatory approvals in Germany and Austria.
Tags: Willkie Farr & Gallagher LLP | Germany
Gibbons P.C. continues its strategic expansion in key markets, industries, and service areas with the addition of three experienced, highly regarded attorneys. William M. Moran, Suzanne L’Hernault, and Peter Flägel have recently joined the firm as Directors, Mr. Moran in the Business & Commercial Litigation Department and Mr. Flägel and Ms. L’Hernault in the Corporate Department.
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Shearman & Sterling represented project sponsor Egyptian-listed private equity firm Citadel Capital and project company Egyptian Refining Company (Takrir) on the US$3.7 billion financing for the redevelopment of its refinery at Mostorod, near Cairo. The financing, which closed today, is the largest-ever project financing in Africa.
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Drinker Biddle & Reath LLP today welcomes noted trademark lawyer Scott E. Thompson as a partner in its Intellectual Property Practice Group in New York, further enhancing the firm’s ability to provide a full range of IP services to its clients. Thompson was previously with Greenberg Traurig in New York.
Tags: Drinker Biddle & Reath, LLP | New York