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.
PLMJ has Strengthened its International Presence with Dacheng Law Offices
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.
SNR Denton Advises Gavea in Majority Interest Acquisition by J.P. Morgan’s Highbridge Capital
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 >>
Tags: Dentons
Wragge & Co advises Phoenix Pharmahandel on €3.6 billion refinancing
Wragge & Co has advised Germany’s largest pharmaceutical wholesaler, Phoenix Pharmahandel, on the UK aspects of its €3.6 billion refinancing. A team led by corporate partner Jeremy Millington and banking director Edward Sunderland advised in connection with the complex refinancing. This involved a €500 million unsecured bond issue and a €2.6 billion syndicated loan through the company’s subsidiary Phoenix PIB Finance BV. Hengeler Mueller was the lead firm advising Phoenix Pharmahandel.
Tags: Gowling WLG | Phoenix
Juris East Africa launched by DLA Piper Group Firms
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.
Tags: DLA Piper
Greenberg Traurig Represents Consolidated Edison Development, Inc. in Plan to Build Largest Solar Energy Farm in Northeast
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.
Tags: Greenberg Traurig, LLP
Wilson Sonsini Goodrich & Rosati Opens Hong Kong Office
Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, is pleased to announce that it has opened an office in Hong Kong.
Tags: Wilson Sonsini Goodrich & Rosati | Hong Kong
Milbank Represents Lenders in Financing of Portfolio of 11 Wind Energy Facilities in Idaho
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.
Tags: Milbank LLP
Shearman & Sterling Advises on the Establishment of the World’s First Ever Multi-Asset Retail Derivatives Exchange
Shearman & Sterling has advised LMAX Limited in setting up LMAX, a new platform set to transform retail contracts for difference (CFD) and FX trading. LMAX will initially allow customers to trade rolling spot FX contracts and CFDs in equity indices, commodities, bonds and interest rates, with other classes to be added to the platform in due course.
Nixon Peabody Expands Its Mortgage Finance and Foreclosure Team; Cross-office, Cross-practice Team Addresses Evolving Client Needs
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.
Tags: Nixon Peabody LLP