Covington Advises SandRidge on Royalty Trust Offering

SandRidge Permian Trust recently announced the closing of its initial public offering of 34.5 million common units of beneficial interest at a price of $18 per unit.  Net proceeds of the offering, before expenses, were approximately $584 million.  The common units sold in the offering represent a 66 percent beneficial interest in the trust.  Covington & Burling served as counsel to SandRidge Energy, Inc., the trust’s sponsor, in the transaction.

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SNR Denton Shines on Solar

SNR Denton announced today it has successfully advised Lightsource Renewable Energy Limited (Lightsource) in its acquisition and development of eleven of the largest solar PV panel installations in the UK. Lightsource was funded by Octopus Investments.

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Simpson Thacher Represents Goldman, Sachs & Co. in $2 Billion Debt Offering by Berkshire Hathaway Inc.

The Firm represented Goldman, Sachs & Co. as the sole underwriter in the public offering of $2 billion of debt securities of Berkshire Hathaway Inc. (“Berkshire”), consisting of $750,000,000 of 2.20% Senior Notes due 2016, $500,000,000 of 3.75% Senior Notes due 2021 and $750,000,000 of Floating Rate Senior Notes due 2014.

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Tags:  Simpson Thacher & Bartlett LLP

Mayer Brown to Open Office in Duesseldorf

Mayer Brown, a leading global law firm, announced today that it will open a new office in Duesseldorf at the beginning of 2012. The new office will focus initially on corporate, real estate and antitrust matters.

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Tags:  Mayer Brown LLP