Davis Polk, together with Linklaters, represented the joint administrators of Lehman Brothers International (Europe) (“LBIE”) in connection with the litigation and settlement of $38 billion in claims between LBIE and Lehman Brothers Inc (“LBI”). The Lehman Brothers SIPA case is by far the largest SIPA proceeding on record involving an insolvent broker-dealer. The execution last week by LBIE and LBI of the definitive documentation of the settlement and the filing in the bankruptcy court today of the motion seeking approval of the settlement agreement represents a critical milestone in the Lehman Brothers administration and, subject to court approval, will unlock substantial distributions for creditors who hold tens of billions of dollars in claims.

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Chadbourne & Parke LLP represented GeoPark Holdings Limited (“GeoPark”), an oil and gas exploration company listed on the Alternative Investment Market of the London Stock Exchange, and its subsidiaries in the issuance by GeoPark Latin America Limited Agencia en Chile (the “Issuer”) of US$300 million of 7.50% Senior Secured Notes due 2020.

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A joint venture with Tishman Speyer to acquire a 1.7 acre parcel of land located at 201 Folsom Street, San Francisco and then develop and construct a 655 unit residential luxury condominium project with 10,963 square feet of ground floor retail space and associated amenities, including a gym, pool, spa, children’s playroom, rooftop community space, private screening room and business and conference facilities. The venture will also acquire 1400 Mission Street, San Francisco and develop 190 affordable residential condominium units and 4,262 square feet of ground floor retail to serve as the off-site inclusionary below market rate project for 201 Folsom Street.

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International law firm Clifford Chance advised Royal Dutch Shell plc on its acquisition of part of Repsol S.A.´s LNG portfolio outside of North America for a cash consideration of US$4.4 billion. The transaction includes plant capacity and supply positions in Peru and Trinidad and Tobago, a 25 per cent stake in a power plant in Spain and a material LNG marketing and trading operation. Shell will also assume and consolidate balance sheet liabilities predominantly reflecting leases for LNG ship charters of currently US$1.8 billion. The transaction is expected to close in the second half of 2013 or early 2014, subject to regulatory approvals and other conditions precedent.

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McKenna Long & Aldridge LLP (MLA) is pleased to announce that Anthony Williams will join the firm as a partner in its New York office, effective March 4, 2013. Williams, who has decades of cross-border and international experience, will focus on commercial transactions, including mergers and acquisitions, corporate finance and securities, and private equity investments, for both U.S. and non-U.S. clients. He will also serve as general counsel to family offices, working with MLA’s Private Client Services team and other professionals to manage all of their legal and business needs.

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The Firm recently represented the underwriter, Morgan Stanley & Co. LLC, in connection with a registered public offering of common stock of Generac Holdings Inc. A total of approximately $346 million in net proceeds was raised in the offering. Affiliates of CCMP Capital Advisors, LLC received all of the net proceeds from the offering.

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O’Melveny & Myers LLP is representing Mr. Leonard Riggio, founding chairman and largest stockholder of Barnes & Noble, Inc., the leading retailer of content, digital media, and educational products, in his planned proposal to purchase all of the assets of the retail business of Barnes & Noble, Inc. The retail business would include, among other things, Barnes & Noble Booksellers, Inc. and barnesandnoble.com. The retail business would not include NOOK Media LLC (comprising the College and digital businesses). The Company has appointed a Strategic Committee of three independent directors to review and evaluate the proposal.

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Katten Muchin Rosenman LLP today announced that attorney Darius J. Goldman has joined the firm as a partner in the Financial Services Practice.

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DLA Piper announced today that Gregory Ruback has joined the firm’s Finance practice as a partner in New York.

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Herbert Smith Freehills LLP is delighted to announce the return of Laurence Shore to its leading international arbitration practice. Larry is joining Herbert Smith Freehills as a partner and will be based at the firm’s New York office, which launched in September last year.

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