Arent Fox Wins Major Victory in Federal Court for President of Rwanda

Arent Fox LLP won a major victory on June 23 for its client, the President of the Republic of Rwanda Paul Kagame, when the US District Court for the Western District of Oklahoma denied a plaintiffs’ motion for default judgment in a wrongful death suit by the widows of the deceased presidents of Burundi and Rwanda, who were killed in an airplane explosion in 1994.

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Tags:  ArentFox Schiff LLP

White & Case Represents Calpine Corporation in $844.5 Million Power Plant Financing

Global law firm White & Case LLP represented Russell City Energy Company, LLC, a project company 75%-owned by Calpine Corporation and 25%-owned by an affiliate of GE Energy Financial Services, in connection with the $844.5 million construction financing of a natural gas-fired, combined cycle power generation facility. The 620 megawatt facility – which is under construction in Hayward, CA, and is expected to begin operations in mid-2013 – is the country’s first power plant to receive a federal air permit that includes a voluntary limit on greenhouse gas emissions.

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Tags:  White & Case LLP | New York

Clifford Chance Advises HSBC Bank Middle East Limited on an Innovative and Ground Breaking Sukuk Structure

Clifford Chance recently advised HSBC Bank Middle East Limited (HBME) in connection with updating its US$5 billion sukuk issuance programme and a US$500,000,000 issuance under the Programme. The trust certificates for the issuance, which are due in 2016, yield a profit rate of 3.575% per annum payable on a semi-annual basis.

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Tags:  Clifford Chance LLP | Dubai

Davis Polk – Insulet Corporation Convertible Notes Offering and Secondary Common Stock Offering

Davis Polk advised J.P. Morgan Securities LLC as sole underwriter in the SEC-registered offering by Insulet Corporation of $125 million aggregate principal amount of its 3.75% convertible senior notes due 2016, plus an $18.75 million over-allotment option, which has been exercised by the underwriter. Davis Polk also advised J.P. Morgan Securities LLC as representative of the several underwriters in the SEC-registered offering by Insulet’s selling stockholders of 1,153,420 shares of Insulet common stock. The selling stockholders received shares of Insulet in connection with Insulet’s recent acquisition of Neighborhood Diabetes, Inc., a medical equipment distributor specializing in direct to consumer sales of diabetes supplies. The common stock is listed on the Nasdaq Global Market under the symbol “PODD.”

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Tags:  Davis Polk & Wardwell LLP