Proskauer Advises Suburban Propane in $1.8 Billion Purchase of Inergy, L.P. Retail Propane Assets

Proskauer advised Suburban Propane Partners, L.P. in its acquisition and related debt and equity financing of Inergy, L.P.’s retail propane operations for approximately $1.8 billion. As a result of the acquisition, Suburban, a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is now one on the largest retail marketers of propane in the United States, with approximately 1.3 million customers in 41 states.

More >>

Tags:  Proskauer Rose, LLP | New York

Orrick Herrington & Sutcliffe LLP Welcomes Peter Vogl

The New York office of Orrick Herrington & Sutcliffe LLP has recruited intellectual property attorney Peter Vogl as a partner in the firm’s intellectual property practice.

Mr. Vogl joins Orrick from Jones Day, where he was head of the firm’s global trademark, unfair competition and intellectual property practice.

“Peter is a superstar in copyright and trademark litigation.  We are thrilled to have him join our internationally recognized team.” Said Steve Routh, co-head of Orrick’s intellectual property group.

Interested in learning more about the New York legal job market, or exploring new career opportunities within the market?  Reach out to one of Kinney Recruiting’s attorney recruiters today!

Tags:  Orrick, Herrington & Sutcliffe, LLP | New York

Shearman & Sterling Advises Anglo American on Its New Partnership with Codelco and Settlement of Claims

Shearman & Sterling is advising long-time client Anglo American in its agreement with Corporación Nacional del Cobre de Chile (Codelco) to form a new partnership in respect of certain of Anglo American’s copper interests in Chile, known as Anglo American Sur. Anglo American and Codelco, with assistance from their respective partners, Mitsubishi and Mitsui, have settled their respective claims in relation to the Anglo American Sur option agreement and have agreed to a sale of a 29.5% interest in Anglo American Sur to a Codelco and Mitsui joint venture company for approximately $2.8 billion.

More >>

Tags:  Shearman & Sterling LLP | New York

Davis Polk – Molycorp, Inc. Concurrent Offering of Common Stock and Convertible Senior Notes and Related Share Lending Agreement

Davis Polk advised Morgan Stanley & Co. LLC as the sole book-runner on a $258 million SEC-registered offering of 25,800,000 shares of common stock of Molycorp, Inc. (Molycorp), of which 12,000,000 shares were offered and sold by Molycorp and 13,800,000 shares are being loaned by Molycorp to Morgan Stanley Capital Services LLC under a share lending agreement. Davis Polk also advised Morgan Stanley Capital Services LLC as the share borrower in connection with the share lending agreement.

More >>

Tags:  Davis Polk & Wardwell | New York

Cahill – Caesars Completes $750 Million Senior Notes Offering

Cahill represented Citigroup Global Markets Inc. as lead initial purchaser and the other initial purchasers in connection with the Rule 144A/Reg S offering of $750,000,000 aggregate principal amount of 9% Senior Secured Notes by an escrow subsidiary to be assumed by Caesars Entertainment Operating Company, Inc. Upon release from escrow, proceeds from the offering were used to refinance existing indebtedness.

More >>

Tags:  Cahill Gordon & Reindel LLP | New York