Clyde & Co Advises China Re on Landmark Strategic Partnership

Monday, December 12, 2011
A team of lawyers from Clyde & Co’s Shanghai and London offices advised China Reinsurance Corporation (“China Re”), the country’s only state-owned reinsurance group and largest reinsurer, in connection with the formation of a strategic partnership with Catlin Group Limited (“Catlin”) that will result in the establishment of a special purpose syndicate at Lloyd’s of London.

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Tags:  Clyde & Co LLP | Shanghai

Simpson Thacher Successfully Represents Hellman & Friedman and Datatel in Obtaining Department of Justice Clearance of Proposed Combination with SunGard Higher Education

Monday, December 12, 2011
The Department of Justice Antitrust Division cleared the proposed combination of the businesses of Datatel and SunGard Higher Education, two providers of student information systems and related products for higher education institutions.  The Antitrust Division cleared the proposed combination following a Second Request investigation.  Affiliates of private equity firm Hellman & Friedman will acquire the SunGard Higher Education businesses from SunGard Data Systems and combine the acquired businesses under a new holding company with Datatel, an existing Hellman & Friedman portfolio company.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Linklaters Advises on First Offshore RMB Bond Issue by a PRC Corporate

Monday, December 12, 2011
Linklaters has advised on the first offshore RMB bond issue by a PRC corporate. The groundbreaking RMB 3.6bn three-tranche dated senior unsubordinated debut issue of  Baosteel Group Corporation, a Fortune Global 500 company with one of the highest ratings among PRC corporates (A3 by Moody’s, A by S&P and A – by Fitch) is also the largest ever offshore RMB corporate bond offering to date, illustrating the depth of the rapidly expanding offshore RMB bond market.

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Tags:  Linklaters LLP | Hong Kong

Frederick H. Hoops, III Joins Dykema in Grand Rapids

Monday, December 12, 2011

Dykema Gossett PLLC announced today the addition of Frederick H. Hoops, III as a senior counsel in the firm’s Taxation and Estates Practice Group in the firm’s Grand Rapids, Michigan office. Hoops joins Dykema from Fifth Third Bank in Grand Rapids where he was the Vice President and Senior Wealth Planner in the Innovative Wealth Solutions Group. Previous to his work with Fifth Third Bank, Mr. Hoops was with the Clark Hill firm where he also practiced taxation and estate planning. Mr. Hoops is licensed to practice in Michigan and Florida.

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Tags:  Dykema Gossett PLLC | Grand Rapids

Milbank Represents Brazil’s GOL Linhas Aereas Inteligentes

Friday, December 9, 2011
In a deal reflecting its dual strengths in Latin America and the aviation industry, Milbank, Tweed, Hadley & McCloy LLP has represented long time client Brazilian airline GOL Linhas Aereas Inteligentes S.A. in a $100 million direct minority investment by Delta Airlines.  The investment was announced on December 7, together with a number of enhancements to strategic commercial co-operations.

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Tags:  Milbank LLP | Sao Paulo