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.

Mayer Brown JSM is pleased to announce that it advised PT Indika Energy Tbk (INDY), a leading integrated Indonesian energy group, in connection with the exchange offer of up to US$185,000,000 of Indo Integrated Energy B.V.’s 8.50% Senior Notes due 2012 for Indo Energy Finance B.V.’s 7.00% Senior Notes due 2018, together with simultaneous consent solicitations for the 2012 Notes and Indo Integrated Energy II B.V.’s 9.75% Senior Notes due 2016 and new money issue of US$115,000,000.

Covington & Burling LLP represented Microsoft Corp. in the $4.5 billion winning bid in the auction of Nortel Networks Corporation’s 6000 patents and patent applications. A consortium of Microsoft and several other technology companies will share Nortel’s 4G wireless, data networking, optical, voice, Internet, service provider, semiconductors and other patent portfolios.

Walter Investment Management Corp. completed its acquisition of GTCS Holdings LLC (“Green Tree”)  on July 1, 2011 in a transaction valued at $1.065 billion.  Walter Investment  issued  approximately 1.8 million shares of common stock to the seller, assumed  approximately $20 million of existing Green Tree debt, issued $810  million of new debt and utilized cash on hand to effect the acquisition.  Green Tree, based in St. Paul, Minnesota, is a leading independent, fee-based business services company which provides high-touch, third-party servicing of credit-sensitive consumer loans.

Davis Polk is advising Ruby Tuesday, Inc. in connection with the appointment of Steven R. Becker and Matthew A. Drapkin as members of its board of directors and the related settlement agreements with Becker Drapkin Management, L.P. and Carlson Capital, L.P. who had previously notified Ruby Tuesday of an intent to nominate three directors at its 2011 annual meeting. In connection with the appointment of Messrs. Becker and Drapkin to the board of Ruby Tuesday, Becker Drapkin has agreed to withdraw its nomination of Messrs. Becker, Drapkin and Michael Brodsky to the board of directors and to vote in favor of each of the board’s nominees for election at the 2011 Annual Meeting of Shareholders. In addition, both Becker Drapkin and Carlson Capital have agreed to certain standstill restrictions.