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 Simpson Thacher Represents KKR, Silver Lake and TCV in Proposed Partnership with Go Daddy
The firm is representing a consortium comprised of Kohlberg Kravis Roberts & Co., Silver Lake Partners and Technology Crossover Ventures in connection with the execution of a definitive agreement to provide a strategic investment and enter into a partnership with The Go Daddy Group, Inc. (“Go Daddy”). The transaction was announced July 1, 2011. Terms of the transaction were not disclosed.
Tags: Simpson Thacher & Bartlett LLP Shearman & Sterling Advises Underwriters in Teck Resources Limited’s US$2 Billion Offering of Notes
Shearman & Sterling represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman, Sachs & Co. and RBC Capital Markets, LLC, as joint bookrunning managers, and CIBC World Markets Corp., Morgan Stanley & Co. LLC, RBS Securities Inc., UBS Securities LLC, Barclays Capital Inc., BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Mizuho Securities USA Inc. and Scotia Capital (USA) Inc., as co-managers, in connection with Teck Resources Limited’s US$2 billion offering of US$300,000,000 aggregate principal amount of 3.15% notes due 2017, US$700,000,000 aggregate principal amount of 4.75% notes due 2022 and US$1,000,000,000 aggregate principal amount of 6.25% notes due 2041. The notes are fully and unconditionally guaranteed by Teck’s wholly-owned subsidiary, Teck Metals Ltd.
Tags: Shearman & Sterling LLP Dewey & LeBoeuf Represents Polish Treasury in JSW’s PLN 5.4 Billion IPO
Dewey & LeBoeuf has represented the Polish Ministry of State Treasury, as the selling shareholder, in the PLN 5.4 billion (US$1.97 billion) listing of Jastrzębska Spółka Węglowa S.A. (JSW) on the Warsaw Stock Exchange. The IPO is Poland’s largest listing to date in 2011.
Davis Polk Continues Efforts Against New York’s Largest Mortgage Scammers
Two justices of the New York State Supreme Court have issued sweeping orders to restrain the activities of alleged “loan modification” scammers, providing major victories for financially vulnerable homeowners.
Tags: Davis Polk & Wardwell LLP | New York Biedermann, Reif, Hoenig & Ruff Joins LeClairRyan in NYC
Recognizing a synergistic opportunity to provide European clients with access to its growing national footprint, LeClairRyan today announced a merger with Biedermann, Reif, Hoenig & Ruff.
Tags: LeClair Ryan, PC | New York 








