Shearman & Sterling Advises HSBC Bank on $500 Million Bridge Loan for Delek Drilling’s and Avner’s Leviathan Gas Field Development Costs and other Israel Offshore Expenditure

Shearman & Sterling has advised HSBC Bank Plc on a $500 million bridge loan for Israeli oil partnerships Avner Oil Exploration LP and Delek Drilling LP. The $250 million loan made to a wholly owned subsidiary of each partnership will help them fund their share of development costs in the Leviathan natural gas field and in other projects under development in the Mediterranean Sea offshore Israel in the Levantine Basin, and is secured against their rights to the Leviathan natural gas field.

More >>

Tags:  Shearman & Sterling LLP

K&L Gates Advises on IPO of Abu Dhabi Managed Fund

A team of lawyers from K&L Gates LLP’s Dubai office recently advised Deloitte Corporate Finance and Daniel Stewart & Company plc as nominated adviser and broker, respectively, on the London IPO of Qannas Investments Limited (QIL), a closed ended investment company managed by the UAE-based Abu Dhabi Capital Management Ltd.

More >>

Tags:  K&L Gates LLP | Dubai

Loeb & Loeb Expands IP and Entertainment Litigation Practice with Addition of Partner Barry E. Mallen in Los Angeles

Loeb & Loeb LLP announced today that Barry E. Mallen has joined the firm’s Los Angeles office as a partner in the IP and Entertainment Litigation Practice. Mallen most recently practiced in the Los Angeles office of Manatt, Phelps & Phillips LLP, where he was a partner and co-chair of the firm’s Entertainment Litigation group.

More >>

Tags:  Loeb & Loeb LLP | Los Angeles