Hogan Lovells has advised EDF in connection with a €4 billion syndicated multicurrency revolving loan facility. This new line of credit has a maturity of 5 years, with the facility to extend it to 7 years.

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Global law firm White & Case LLP has advised HSBC and LGI Ventures (an affiliate of Liberty Global), as part of a wider group of investors and banks, in connection with a US$1.2billion investment in satellite operator O3b Networks Limited, a developer of a new fibre-quality, satellite-based global internet backbone for telecommunications operators and internet service providers serving the emerging markets.

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A team from the Leeds office of Hammonds LLP has advised Shipley-based registered social landlord, Accent Group, on the sale of its shares in two NHS Local Improvement Finance Trust (LIFT) companies in Bradford & Airedale, and Tees Valley & South Durham.

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Haynes and Boone, LLP represented Wingate Partners in its recent acquisition of Preferred Compounding Corp., a supplier of proprietary and custom mixed rubber compounds with manufacturing plants in Tallapoosa, Ga.; Huntingdon, Tenn.; Fruithurst, Ala.; and Barberton, Ohio (company headquarters). Preferred Compounding was previously owned by The Watermill Group of Lexington, Mass.

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A multidisciplinary team of Goodwin Procter attorneys led the successful Chapter 11 restructuring of The Education Resources Institute, the second-largest nonprofit in Massachusetts by assets.  TERI guaranteed private student loans issued by most of the country’s leading banks.  During the course of the bankruptcy case, Goodwin attorneys obtained approval of a Plan of Reorganization that resolved creditor claims filed against TERI in excess of $23 billion and distributed cash to creditors in excess of $300 million.

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Davis Polk is advising Aetna Inc. in connection with its agreement to acquire Medicity, Inc. for approximately $500 million. The transaction is subject to customary closing conditions.

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In a significant victory for client Fairfax Financial Holdings Limited, a team of Shearman & Sterling lawyers successfully defeated an approximately $400 million fraudulent conveyance claim asserted against Fairfax in conjunction with proceedings relating to the confirmation of the Plan of Reorganization of AbitibiBowater Inc. and its subsidiaries (collectively, the “Debtors”). After a contentious multi-week trial in Wilmington, Chief Bankruptcy Judge Kevin J. Carey confirmed the Debtors’ Plan and overruled all of the objections relating to the fraudulent conveyance claim. The Court’s opinion was predicated largely on the arguments advanced by the Shearman & Sterling team.

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Computer manufacturing giant Apple Inc. (NASDAQ: AAPL) has dropped its appeal of a $19 million patent infringement verdict won last year by attorneys from McKool Smith on behalf of technology provider Opti Inc.

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International legal practice Norton Rose LLP has advised Liberum Capital Limited in its role as sole bookrunner, nominated adviser and financial adviser in connection with the placing and the admission to AIM of the entire ordinary share capital of Zanaga Iron Ore Company Limited. The company listed on 18 November 2010.

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A team of lawyers from Dewey & LeBoeuf is representing energy services company AGL Resources Inc. in its recently announced deal to acquire Nicor Inc., the parent company of natural gas distribution company Nicor Gas, in a transaction with an enterprise value of $3.1 billion, including a total equity value of $2.4 billion payable in cash and stock. After the deal is completed, which is expected in the second half of 2011, AGL shareholders will own approximately 67 percent of the combined company.

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