Eastman Kodak Company announced today that it has completed a series of agreements that successfully monetizes its digital imaging patents. Under the agreements, Kodak will receive approximately $525 million, a portion of which will be paid by 12 intellectual property licensees, with each licensee receiving rights with respect to the digital imaging patent portfolio and certain other Kodak patents.

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Watson, Farley & Williams (WFW), a leading international law firm, is pleased to announce that it has acted as Marshall Islands counsel to Seadrill Partners LLC on its IPO that closed successfully this quarter.

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Watson, Farley & Williams (WFW), a leading international law firm, is pleased to announce that it has advised Golar LNG Partners LP on its shelf takedown offering of 4,300,000 units of limited partner interest and a private placement of 1,524,590 common units sold to Golar LNG Limited. Both transactions closed in November 2012.

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Kramer Levin represented Spraylat Corporation, a family-owned paint and coatings business specializing in high-quality industrial liquid and powder coatings applied to metal, glass and plastic substrates, in connection with the sale of the Spraylat business to PPG Industries, Inc. (NYSE:PPG), a leading global coatings and specialty products company. The transaction closed on December 17, 2012.

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Lowenstein Sandler has added veteran attorney Seth T. Goldsamt as a partner in its Specialty Finance practice. Seth is based in Lowenstein’s New York City office. He focuses his practice on public and private securities offerings as well as private equity and mergers and acquisitions. He joins Lowenstein Sandler from McDermott Will & Emery, where he was a partner.

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Davis Polk advised Cobalt International Energy, Inc. (Cobalt) in connection with an SEC-registered offering of $1.38 billion aggregate principal amount of its 2.625% convertible senior notes due 2019, which included $180 million aggregate principal amount of notes sold pursuant to the underwriters’ fully exercised overallotment option. Morgan Stanley & Co. LLC and Goldman, Sachs & Co. were the underwriters of the offering.

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Davis Polk advised Jefferies & Company, Inc. as manager of the placement agents in connection with the approximately $132 million SEC-registered direct offering of 21,639,774 shares of common stock of Scorpio Tankers Inc. The shares are listed on the New York Stock Exchange under the symbol “STNG.”

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Shearman & Sterling is acting as lead counsel to a consortium of 12 of the largest technology companies in the world, organized by Intellectual Ventures and RPX Corporation, in connection with the acquisition and licensing of Eastman Kodak Company’s digital imaging patent portfolio.

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Shearman & Sterling is counsel to the foreign representative of Centrais Elétricas do Pará S.A. (“Celpa”) and Equatorial Energia S.A. (“Equatorial”). Celpa is the sole electricity transmission and distribution company in the state of Pará, Brazil, and Equatorial is a diversified energy company operating in Brazil.

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A team from Akin Gump Strauss Hauer & Feld LLP advised Alterra Capital Holdings in its planned sale to specialty insurer Markel Corporation. The $3.1 billion deal was announced December 19.

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