Milbank Represents Brazil’s GOL Linhas Aereas Inteligentes

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

Davis Polk Advises IPALCO Enterprises on Exchange Offer

Davis Polk advised IPALCO Enterprises, Inc. on its offer to exchange $400 million aggregate principal amount of its new 5.0% senior secured notes due 2018, which have been registered under the Securities Act, for its outstanding 5.0% senior secured notes due 2018, which were originally issued pursuant to Rule 144A and Regulation S under the Securities Act. Davis Polk also previously advised IPALCO on the original Rule 144A/Regulation S offering of the $400 million of senior secured notes.

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Tags:  Davis Polk & Wardwell LLP | New York

Clayton Utz Advising Extract on Potential Downstream Acquisition

Clayton Utz is advising ASX/TSX/NSX listed Extract Resources Limited in connection with the £632 million recommended conditional cash offer made overnight by Taurus Mineral Limited, an entity owned by CGNPC Uranium Resources Co and the China-Africa Development Fund, for AIM listed Kalahari Minerals plc. Kalahari has a 42.74% shareholding in Extract.

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Tags:  Clayton Utz

Sheppard Mullin Plans Seoul Office Opening

Sheppard, Mullin, Richter & Hampton LLP today announced that it plans to open an office in Seoul, Korea in the first quarter of 2012.  The announcement follows the recent ratification of the Korea-U.S. Free Trade Agreement by both countries and the resulting opening in 2012 of the Korea legal services market to U.S.-based law firms.

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Tags:  Sheppard, Mullin, Richter & Hampton LLP