Winstead Welcomes John Arnold

Friday, March 16, 2012
John K. Arnold has joined Winstead PC and will work as a shareholder in the energy and environmental law practice group. Arnold is recognized as an expert in energy regulatory matters before the Texas Public Utility Commission and the Railroad Commission of Texas, as well as other state and federal agencies. He previously worked as a partner at Locke Lord LLP’s Houston Office.

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Tags:  Winstead PC | Houston

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

Friday, March 16, 2012
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.

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Tags:  Shearman & Sterling LLP

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

Thursday, March 15, 2012
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.

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Tags:  K&L Gates LLP | Dubai