Paul, Weiss Advises EdF in Italian Power Deals

On February 15, Paul, Weiss client Electricité de France S.A. (EdF) entered into definition agreements with A2A S.p.A., Delmi S.p.A., Edison S.p.A. and Alpiq S.A. The agreements relate to EdF’s purchase, for approximately €704 million, from Delmi of a 50 percent stake in Transalpina di Energia S.r.l., a company which holds 61.3 percent of Edison’s voting shares, and the purchase by Delmi of a 70 percent stake in Edipower S.p.A. from Edison and Alpiq for a total purchase price of approximately €804 million.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP

Goodwin Procter Expands White Collar Crime Practice with Addition of William Harrington in New York

Goodwin Procter, a national Am Law 50 firm, today announced that William J. Harrington has joined the firm’s Litigation Department in its New York office as a member of Goodwin’s White Collar Crime & Government Investigations Practice. Harrington joins Goodwin from the U.S. Attorney’s Office for the Southern District of New York where he served as an Assistant U.S. Attorney in the Office’s Criminal Division.  His notable cases at the SDNY included the conviction of investment advisor Kenneth Starr and his lawyer; the bribery convictions of former New York State Senator Carl Kruger and others; and work in the ongoing prosecutions of retired Long Island Railroad workers in a widespread disability and health care fraud scheme.

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Tags:  Goodwin Procter LLP | New York

Simpson Thacher Represents Initial Purchasers in ViaSat, Inc.’s $275 Million Senior Notes Offering

The Firm represented joint book-running managers J.P. Morgan, Credit Suisse and Morgan Stanley, and co-manager BBVA, in connection with the issuance by ViaSat, Inc. of $275 million aggregate principal amount of 6.875% Senior Notes due 2020.  ViaSat intends to use the net proceeds from the notes offering to repay outstanding borrowings under its revolving credit facility and for general corporate purposes, which may include financing costs relating to the purchase, launch and operations of additional satellites or satellite capacity, potential acquisitions, funding subscriber acquisition costs, working capital or capital expenditures.

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Tags:  Simpson Thacher & Bartlett LLP | New York