The law firm PLMJ has strengthened its international presence and its position as a business partner for clients by entering into another international partnership, this time with Dacheng Law Offices, the largest and most recognised Chinese law firm.

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J.P. Morgan’s Highbridge Capital Management, the global alternative asset manager owned by J.P. Morgan Asset Management, announced the purchase of a majority interest in the $6 billion Brazilian hedge fund and private equity firm Gavea. Gavea is headed by Brazil’s former central bank chief, Arminio Fraga. More >>

Africa Iseme Kamau & Maema Advocates in Kenya (“IKM”) and Ishengoma Karume Masha & Magai in Tanzania (“IMMMA (Advocates)”), members of DLA Piper Group, together with Sebalu & Lule Advocates in Uganda and Equity Juris Chambers in Rwanda today launched Juris East Africa, a new alliance dedicated to providing regional and international businesses with coordinated legal services across East Africa.

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Greenberg Traurig, LLP announced that its client, Consolidated Edison Development, Inc. (CED), a developer and owner of renewable gas and transmission assets with a focus on the Northeastern United States, along with Texas-based Panda Power Funds, plans to build a 20-megawatt solar farm on a 100-acre site in Pilesgrove, New Jersey. The farm will be connected directly to the electrical grid via the Atlantic City Electric distribution system. Greenberg Traurig’s team advising CED on the solar project included Robert Wexler, a shareholder in the Corporate and Securities Practice of the New Jersey office; Steven Fleissig, a shareholder in the Real Estate Practice in the New Jersey office; and Charles Schwenck, Co-Chair of the firm’s Energy and Natural Resources Practice in the Los Angeles office.

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The international law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Project Finance partner Bill Bice, represented the lenders in the construction and permanent financing of a portfolio of 11 wind energy facilities located near Twin Falls County, Idaho. The lenders included The Bank of Tokyo-Mitsubishi UFJ, LTD., New York Branch, ING Capital LLC and Norddeutsche Landesbank Girozentrale (NordLB), New York Branch. The Idaho Wind Project owned by Idaho Wind Partners 1, LLC, is the largest wind power portfolio in Idaho with a total capacity of 183 MW. Once completed, the portfolio is expected to qualify for the Federal Treasury Grant program for renewable energy projects.

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Increased concern and scrutiny on mortgage foreclosure practices have created significant business and legal challenges that affect a broad range of institutions across the United States. As a result, international law firm Nixon Peabody LLP has expanded its Mortgage Finance and Foreclosure Team to offer additional resources to address clients’ growing needs during the mortgage foreclosure crisis. Nixon Peabody’s team includes attorneys from a variety of practices including banking and regulatory, securitization, finance, bankruptcy and restructuring, real estate, real estate litigation, class action litigation, and government investigations.

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Shearman & Sterling represented Banc of America Securities LLC, Citigroup Global Markets Inc., The Hongkong and Shanghai Banking Corporation Limited and The Royal Bank of Scotland plc as the initial purchasers in connection with Reliance Holding USA, Inc.’s 144A/Reg S offering of $1.5 billion aggregate principal amount of 4.50% Guaranteed Senior Notes due 2020 and 6.25% Guaranteed Senior Notes due 2040. The Notes are guaranteed by Reliance Industries Limited, India’s largest private-sector company. This offering was the largest-ever corporate bond from India and the first private Indian corporate investment grade issuance since 1997.

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