Continental Transfert Wins Right to Enforce $423 Million Arbitration Award Against Nigeria

On August 3, 2011, a Nigerian company, Continental Transfert Technique Limited (“Continental”) won the right to enforce an arbitration award of 29.6 billion Nigerian naira (approximately US$252 million at the time of the award and US$423 million after interest is included) against the Government of Nigeria.  The U.S. District Court for the District of Columbia granted summary judgment to Continental confirming the arbitration award under the Convention on the Recognition and Enforcement of Foreign Arbitral Awards.  This will allow enforcement of the award in the United States.

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Davis Polk Opens São Paulo Office, Welcomes Stephen Hood and James Vickers

Davis Polk & Wardwell LLP, a global law firm, today announced that its São Paulo, Brazil, office has opened following completion of its registration with the São Paulo Bar Association (OAB-SP). Actively involved in Brazilian transactions for nearly half a century, Davis Polk has advised on many of the largest and groundbreaking international securities offerings, cross-border mergers and acquisitions, strategic investments and project financings involving Brazilian companies.

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Fowler White Boggs and Atkinson, Diner, Stone, Mankuta, & Ploucha P.A. Announce Plans to Merge

The statewide Florida law firm of Fowler White Boggs (Fowler) and the Ft. Lauderdale based firm of Atkinson, Diner, Stone, Mankuta, & Ploucha, P.A. (Atkinson) announced their plans to merge in the first half of 2012.  This merger is a continuation of the dynamic expansion of the Ft. Lauderdale office of Fowler which will grow to nearly thirty attorneys in less than two years. The Firm is meeting its goal of attracting quality lawyers through the addition of the highly regarded and successful Atkinson attorneys.

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Tags:  Fowler White Burnett, P.A.

Davis Polk Advises VF Corporation on Its $900 Million Fixed- and Floating-Rate Notes Issuance

Davis Polk advised VF Corporation on the filing of its automatic shelf registration statement and on an SEC-registered debt shelf takedown of $900 million aggregate principal amount of its notes, including $500 million of its 3.5% fixed-rate notes due 2021 and $400 million of its floating-rate notes due 2013. BofA Merrill Lynch and J.P. Morgan acted as representatives of the several underwriters for the offering.

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Tags:  Davis Polk & Wardwell LLP | New York

Akin Gump Further Expands Project Finance and Renewable Energy Capabilities

Akin Gump Strauss Hauer & Feld LLP announced today that it has expanded its project finance and renewable energy capabilities with the addition of partners Thomas B. Trimble and Jeremy R. Schwer, who have re-joined the firm’s Washington, D.C., office from Hunton & Williams LLP, where both were partners. Mr. Trimble was co-head of the renewable energy practice group at his former firm and a leading practitioner in the emerging markets practice.

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Tags:  Akin Gump Strauss Hauer & Feld LLP

Davis Polk Advises Comcast on Investment By Boston Celtics in Comcast SportsNet New England

Davis Polk advised Comcast Corporation on the Boston Celtics’ minority investment in Comcast SportsNet New England, LLC, the owner of the regional sports network Comcast SportsNet New England. In connection with the transaction, Comcast SportsNet New England will continue to distribute games of the Boston Celtics. The financial terms were not disclosed.

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Tags:  Davis Polk & Wardwell LLP | New York