Global law firm K&L Gates LLP served as federal regulatory counsel to PPL Corporation (PPL) in its $7.6 billion acquisition of E.ON U.S. LLC and its utility subsidiaries, Louisville Gas & Electric Company and Kentucky Utilities Company. The acquisition, which closed today, received final regulatory approval from the Federal Energy Regulatory Commission (FERC) on October 26.

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Shearman & Sterling is representing Fairfax Financial Holdings Limited in its planned acquisition of First Mercury Financial Corporation in a transaction valued at approximately $294 million. The transaction is subject to customary conditions, including approval by First Mercury’s stockholders and regulatory approvals, and is expected to close in the first quarter of 2011.

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Global law firm White & Case LLP has advised Qatar Holding LLC (“Qatar Holding”), the strategic and direct investment arm of the Qatar Investment Authority, on its purchase of US$2.719 billion of 6.75% Mandatorily Exchangeable Bonds due 2013 issued by Banco Santander, S.A., which are exchangeable into approximately 5% of the shares of Banco Santander (Brasil) S.A.

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Today, Nossaman announced that the firm’s client Sutter Health received the final decision in a major Medi-Cal appeal case. The decision will be of major significance to all hospitals in the state that have Neonatal Intensive Care Units (NICUs) because it clarifies the reimbursement rate available through Medi-Cal based on nurse-to-patient ratios.

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Dewey & LeBoeuf represented Barclays Capital Inc. in connection with a $500 million senior secured revolving credit facility maturing October 2015, including a $260 million letter of credit subfacility. Dewey & LeBoeuf had previously represented the lead arrangers in connection with a $525 million notes offering for HealthSouth.

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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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