FCE Bank plc, advised by Hogan Lovells International LLP, is continuing to refinance itself through the public term securitisation market with its €535.5 million securitisation of automotive loan receivables originated by FCE’s German branches with a Rule 144A option.
Tags: Hogan Lovells Paul Hastings Advises Treasury China Trust in Acquisition and Financing of Shanghai Shopping Mall
Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that it has advised Treasury China Trust (“TCT”), a leading owner, developer and manager of commercial real estate in China listed on the Singapore Stock exchange, in its acquisition and financing of the Huai Hai Mall complex in Shanghai, China. Huai Hai Road is one of Shanghai’s major precincts for high-end and luxury brand retail shops.
Tags: Paul Hastings, LLP | Shanghai WFW Advised Standard Chartered Bank and DBS Bank Ltd on a US$276M Financing to ECOM Group Companies
The Singapore office of Watson, Farley & Williams (“WFW”), a leading international law firm, advised Standard Chartered Bank and DBS Bank Ltd as mandated lead arrangers and bookrunners in relation to a US$276 million syndicated financing to ECOM Agroindustrial Asia Pte. Ltd and ECOM Agroindustrial Corp. Limited, two members of the multi-national commodities trading group ECOM. Five other members of the ECOM group provided guarantees in support of the facility which ultimately required the involvement of seven different jurisdictions on three continents.
Tags: Watson Farley & Williams LLP Baker & McKenzie Advises Knowles Electronics on the Acquisition of Sound Solution Business of NXP Semiconductors
Baker & McKenzie advised Knowles Electronics, LLC on the acquisition of NXP Semiconductors Austria GmbH and NXP Semiconductors Beijing Ltd. Through this acquisition, the entire NXP-Sound Solution Business of NXP Semiconductors BV – a former business unit of Philips – will be transferred to Knowles Electronics. The purchase price amounts to USD855 million.
Tags: Baker McKenzie Dewey & LeBoeuf Advises VTB Bank on US$3.13 Billion Syndicated Loan
Dewey & LeBoeuf has represented key Russian bank client JSC VTB Bank as the borrower on a US$3.13 billion syndicated term loan facility from a consortium of international banks, with 19 mandated lead arrangers.
Freshfields Advises Travelex on £606 Million Sale of Travelex Global Business Payments
International law firm Freshfields Bruckhaus Deringer has advised Travelex, the world’s leading foreign exchange specialist, on the sale of its business payments operations, Travelex Global Business Payments to The Western Union Company for a total cash consideration of £606 million.
Tags: Freshfields LLP Faegre & Benson Scores Significant Victory for Seagate
Faegre & Benson secured an important defense victory for Seagate against Siemens in a patent infringement trial that was held last summer before a judge in Belfast, Northern Ireland. On July 4, 2011, the court officially announced a complete defense verdict for Seagate. This is the second courtroom victory Faegre & Benson achieved for Seagate in the company’s now five-year legal battle with Siemens over a patent relating to read-head technology for hard disc drives.
Tags: Faegre Drinker Biddle & Reath LLP Sedgwick Expands into the Pacific Northwest
Sedgwick LLP has announced the opening of its newest office in Seattle, the firm’s first in the Pacific Northwest and 14th office globally. The firm’s Seattle office will be led by managing partner Christopher S. Marks, who has joined the firm’s Complex Litigation Division. At Sedgwick, Marks will handle product liability and commercial litigation matters.
Tags: Sedgwick LLP Linklaters Opens an Office in Abu Dhabi
Linklaters, the global law firm, has launched its newest office in Abu Dhabi, further strengthening the firm’s well-established presence in the Middle East.
Tags: Linklaters LLP HFW Advises Nordea Bank on $750m “forward start” Facility for Euronav
A team of HFW lawyers in London and Paris, led by head of ship finance John Forrester, has advised Nordea Bank Norge ASA as facility agent on a $750m forward start senior secured facility for Belgian-listed tanker owner Euronav NV.
Tags: Holman Fenwick Willan LLP