Hertz Global Holdings Inc., the world’s largest rental car company, announced yesterday that it would acquire corporate fleet manager Donlen Corp. for $930 million in cash and assumed debt. Weil, Gotshal and Manges served as structured finance counsel to Hertz on the transaction.
Tags: Weil, Gotshal & Manges, LLP Simpson Thacher Represents JPMorgan as Financial Advisor to Medco Health Solutions in its Approximately $29.1 Billion Merger Agreement with Express Scripts
The Firm is representing J.P. Morgan Securities LLC as financial advisor to Medco Health Solutions, Inc. (“Medco”) in its merger agreement with Express Scripts, Inc. (“Express Scripts”). The transaction will create a new holding company to be named Express Scripts Holding Company, and will be effected through the merger of a subsidiary of the new holding company with Medco and the merger of a second subsidiary of the new holding company with Express Scripts.
Tags: Simpson Thacher & Bartlett LLP Beachcroft LLP and Davies Arnold Cooper LLP Confirm Merger
The members of Beachcroft LLP and Davies Arnold Cooper LLP have voted in favour of the merger of their two firms. Management teams from both firms are finalising the outstanding details and the combined firm will launch as DAC Beachcroft LLP on 1 November, 2011.
Tags: DAC Beachcroft LLP Dinsmore Opens Washington, D.C. Office
Prominent Washington, D.C. attorneys Donald Santarelli and Marshall Berman join Dinsmore in unveiling the firm’s newest office. Santarelli and Berman have joined with Dinsmore’s 450 attorneys to establish the firm’s presence in the nation’s capital. Joining Santarelli and Berman in Washington, D.C. are Dinsmore attorneys Joseph Terry, Ben Wells, William Sherman and Robert Beatty, Jr.
Tags: Dinsmore & Shohl LLP Ropes & Gray Opens Office in Shanghai
Ropes & Gray today announced it has opened a new office in Shanghai, its third in Asia, to support clients with business and investment interests in China.
Tags: Ropes & Gray LLP | Shanghai Gowlings Advises CNOOC Limited in its US $2.1 Billion Cross-Border Offer to Acquire Canadian Oil Sands Producer OPTI
CNOOC Limited, China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world, announced that CNOOC Luxembourg s.à r.l, an indirect wholly-owned subsidiary of the CNOOC Limited, had entered into an arrangement agreement to acquire OPTI Canada Inc., a Calgary-based company focused on developing major oil sands projects in Canada.
Tags: Gowling WLG Katten Expands Environmental and Legislative Practice, Landing Renowned Attorneys Chuck Knauss and Shannon Broome in Washington Office
Katten Muchin Rosenman LLP is pleased to announce that Chuck Knauss has joined the firm as co-chair of its Environmental Practice and Shannon Broome has joined as chair of the Air Quality and Climate Change Practice. Mr. Knauss, based in Katten’s Washington office, joins the firm from the Washington office of Bingham McCutchen LLP. Ms. Broome has been in private practice for the last 10 years while serving as Executive Director of a trade coalition, the Air Permitting Forum, and was previously manager of General Electric’s domestic and international air quality programs. She will split her time between Washington and California’s Bay Area. Mr. Knauss and Ms. Broome are nationally recognized authorities on the Clean Air Act and a range of environmental and energy laws, and bring substantial legislative experience to the firm.
Tags: Katten Muchin Rosenman LLP | Los Angeles McGuireWoods Expands Debt Finance Department in Charlotte
McGuireWoods LLP announced today the addition of four partners to its debt finance practice group in Charlotte. Attorneys Eric Burk, Jim Hedrick, David Lapp and Kent Walker, from the Charlotte office of Winston & Strawn LLP, will expand McGuireWoods’ debt capital markets depth and capabilities by continuing their representation of clients in a variety of syndicated finance and corporate lending matters.
Tags: McGuireWoods LLP Clifford Chance Advises on First Limited-Recourse Project Financing of Gas-fired Combined Cycle Power Plant in Turkey
The international law firm Clifford Chance advised Yeni Elektrik Üretim A.Ş. on the closing of a limited-recourse US$700 million loan facility and US$80 million letter of guarantee facility to finance the development and construction of an 865 megawatt gas-fired combined cycle power plant to be established at Gebze, 60 km outside of Istanbul, Turkey, as well as the negotiation of the construction and maintenance agreements for the plant. The project is the first true limited-recourse financing of a gas-fired combined cycle power plant in the Turkish merchant power market.
Tags: Clifford Chance LLP Freshfields advises Ontario Teachers’ on Brussels, Copenhagen and Sydney airport asset swap with MAp
International law firm Freshfields Bruckhaus Deringer has advised Ontario Teachers’ Pension Plan , the largest single-profession pension plan in Canada with over C$100 billion in assets, on its acquisition of MAp’s interests in Brussels and Copenhagen airports in return for a sale by Teachers’ to MAp of its interests in Sydney airport and a balancing payment of approximately A$790 million.
Tags: Freshfields LLP 









