Davis Polk – Corporación Nacional del Cobre de Chile $1.15 Billion Notes Offering

Davis Polk advised HSBC Securities (USA) Inc. and Mitsubishi UFJ Securities (USA), Inc. as representatives of the initial purchasers in connection with the offering by Corporación Nacional del Cobre de Chile (CODELCO) of $1.15 billion aggregate principal amount of its 3.875% notes due 2021. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

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Tags:  Davis Polk & Wardwell LLP | New York

Simpson Thacher Represents Morgan Stanley, Citigroup, Credit Agricole, The Bank of Nova Scotia and RBS in Financing of Avis Budget Group, Inc.’s $1.0 Billion Acquisition of Avis Europe plc

Simpson Thacher represented Morgan Stanley Senior Funding, Inc., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., The Bank of Nova Scotia and RBS Securities Inc. as joint lead arrangers and joint bookrunners in connection with approximately $1.4 billion of committed financing for the $1.0 billion acquisition of Avis Europe plc by Avis Budget Group, Inc. (the “Company”).  In addition, Simpson Thacher represented Morgan Stanley & Co. LLC as representative of the initial purchasers of $250.0 million 9.75% Senior Notes due 2020 issued by Avis Budget Car Rental, LLC (“ABCR”) and Avis Budget Finance, Inc., each a wholly owned subsidiary of the Company, in connection with the acquisition. The acquisition was effected through a scheme of arrangement under Part 26 of the UK Companies Act 2006 in the United Kingdom, and was subject to the “certain funds” and “cash confirmation” requirements for a public bid in the United Kingdom under the City Code on Takeovers and Mergers.

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Tags:  Simpson Thacher & Bartlett LLP | New York

High Stakes IP Litigation Partner Andrew P. Bridges Joins Fenwick & West

Fenwick & West LLP, one of the Top 10 “Go-To” IP litigation firms in the U.S. according to Corporate Counsel, is pleased to announce that Andrew P. Bridges will join the firm as partner in its IP & Technology Litigation Group. Regularly recognized as one of the Top 100 IP litigators in California, Mr. Bridges focuses his practice on complex litigation in Internet, copyright, trademark, advertising, unfair competition, consumer protection and commercial law disputes. Mr. Bridges joins Fenwick from the San Francisco office of Winston & Strawn, and will start with Fenwick on Tuesday, November 8, 2011.

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Tags:  Fenwick & West LLP

Mintz Levin Adds to Intellectual Property Litigation Capabilities in New York Office

Mintz Levin Cohn Ferris Glovsky and Popeo, P.C. has announced that it is expanding its Intellectual Property practice with the addition of John A. Bauer. Mr. Bauer, an experienced litigator with first chair trial and appellate experience will be joining as a Member in the firm’s Intellectual Property practice in New York.

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Tags:  Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | New York

White & Case Advises on the Financing of a Third Chinese Company Take-Private This Year

Global law firm White & Case LLP has represented China Development Bank Hong Kong Branch (CDB) in a US$400 million financing for the take-private transaction of NASDAQ-listed Harbin Electric, Inc. The financing enabled Tech Full Electric Company Limited, an entity controlled by Harbin Electric founder and Chairman, Mr. Tianfu Yang, other management investors and Abax, to acquire the publicly-held shares of Harbin Electric.

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Tags:  White & Case LLP | Hong Kong

McDermott Acts for Gunvor Group in its Purchase of USD $400 Million Share in Signal Peak Coal Mine

International law firm McDermott Will & Emery LLP represented Gunvor Group, Ltd., one of the world’s leading commodity traders, in its subsidiary’s purchase of one-third interest in Signal Peak coal mine in Montana from the subsidiary joint venture owners FirstEnergy Corp. (NYSE: FE) and Boich Companies.  The acquisition was successfully closed for a total purchase price of USD $400 million.

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Tags:  McDermott Will & Emery LLP | New York