Kramer Levin achieved confirmation of a chapter 11 plan in the $700 million bankruptcy case of AES Eastern Energy, L.P. et al. (“AEE”), which filed for chapter 11 protection on December 30, 2011.

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Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC, in an offering of $300 million aggregate principal amount of 4.50% Senior Notes due 2023 by NeuStar, Inc. (“NeuStar”) and guaranteed by certain of its subsidiaries. The net proceeds from the offering, together with borrowings under a new credit facility, were used to repay NeuStar’s existing term credit facility.

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Kleinberg, Kaplan, Wolff & Cohen, P.C. is proud to announce that attorneys Claudio A. De Vellis and Dorothy J. Santos have joined the firm in the Estate Planning and Administration Practice. De Vellis joins as a Member and Santos joins as an Associate.

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Mayer Brown, a leading global law firm, announced today that it advised China International Marine Containers (Hong Kong) Limited (CIMC), part of the largest container manufacturing group in the world, on the establishment of a $600 million US commercial paper program supported by a letter of credit from Bank of China, New York Branch. The transaction marks one of the first letter of credit backed US commercial paper programs by an Asian issuer. Bank of America Merrill Lynch acted as structuring advisor and arranger.

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Davis Polk is advising the Los Angeles Dodgers ownership group on the creation of American Media Productions, LLC, a new regional sports network called SportsNet LA, which will be the home for the Los Angeles Dodgers beginning with the 2014 Major League Baseball season. Time Warner Cable Inc. has agreed to be SportsNet LA’s charter distributor, and will carry the new network for its customers throughout Southern California and Hawaii under a long-term affiliation deal. Time Warner Cable also will be the exclusive advertising and affiliate sales agent for the new network and will have certain branding and programing rights with respect to the network. Time Warner Cable will also provide certain non-game production and technical services to the network. The agreement with Time Warner Cable is subject to certain closing conditions.

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Simpson Thacher represented the underwriters, led by UBS Securities LLC, Stifel, Nicolaus & Company, Incorporated and JMP Securities LLC, in connection with the public offering by JMP Group Inc. of $46 million of its 8.00% Senior Notes due 2023.

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The Firm recently represented KKR Financial Holdings LLC (NYSE: KFN) in an offering of 14,950,000 7.375% Series A LLC Preferred Shares, which includes the underwriters’ full exercise of their over-allotment option. The Shares are expected to begin trading on the New York Stock Exchange on January 29, 2013 under the symbol “KFP”. The offering raised proceeds to the company of approximately $370 million.

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Edwards Wildman Palmer LLP is pleased to announce that Carlos Ortiz will join the firm as a partner in the firm’s White Collar & Government Enforcement practice group. A seasoned litigator, Ortiz will base his practice in the firm’s offices in New York City and Madison, NJ.

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Cindy Yang has joined the Schiff Hardin LLP New York office as a partner in the Intellectual Property Group from Dickstein Shapiro LLP in New York.

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John Sarchio, one of the insurance industry’s leading and most respected lawyers, has joined Holland & Knight as chair of the firm’s Insurance Industry Practice Team. Mr. Sarchio, most recently co-founder and co-head of the Insurance and Reinsurance Practice Group at Chadbourne & Parke LLP, brings with him Richard G. Liskov, who joins the firm as a partner. Mr. Sarchio also formerly led the insurance practice at White & Case LLP.

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