Mallesons Acts on $850M JBS Refinancing

Tuesday, July 5, 2011
JBS is the world’s largest meat company.  The financing, which closed on Thursday 30 June, was structured as a revolving ABL (asset based loan) with a facility limit of US$850 million. Availability under the facilities is calculated as a percentage of eligible accounts receivable and inventory.  The size, structural complexities and cross border issues involved made this a landmark deal in the ABL space.

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Tags:  King & Wood Mallesons

Ogier Expands Into Shanghai

Tuesday, July 5, 2011
Ogier has opened an office in Shanghai as it further expands its worldwide network.  The move is at the heart of our strategy to provide the most innovative and comprehensive multi-jurisdictional services, through a significant presence in each of the world’s key financial centres and across all time zones.

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Tags:  Ogier | Shanghai

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

Tuesday, July 5, 2011
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

Friday, July 1, 2011
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