SNR Denton Continues Expansion of Real Estate Practice with Scott Toban in Chicago

SNR Denton announced today that Scott Toban has joined the firm’s Chicago office as a partner in its Real Estate practice. Toban was most recently Principal and General Counsel of the Real Estate Institute, a leading education provider for the real estate brokerage and mortgage brokerage industry. He also had been a partner at Mayer Brown, after first practicing as an associate in the Real Estate practice of Sonnenschein Nath & Rosenthal LLP, one of SNR Denton’s founding firms.

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Tags:  Dentons

Cooley LLP Advising Peet’s Coffee & Tea, Inc. in $1 Billion Sale

Cooley LLP announced today that it is advising Peet’s Coffee & Tea, Inc. in its sale to Joh. A. Benckiser (JAB).  JAB has agreed to acquire Peet’s for $73.50 per share in cash, or a total of approximately $1 billion. The transaction is expected to close in approximately three months, subject to customary closing conditions, including receipt of shareholder and regulatory approvals.

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Tags:  Cooley LLP

Eversheds Advises on a $700 Million Project to Power Mauritania

International law firm Eversheds has worked with the World Bank in advising the Government of Mauritania on entering into an agreement with SNIM and Kinross, to form a project company to build a 350 MW gas-to-power plant in Mauritania. The project, which is estimated to cost around $700 Million, is expected to begin commercial production in 2014.

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Tags:  Eversheds Sutherland

Veteran Railroad and Environmental Attorney Patrick A. Talley, Jr. Joins Phelps Dunbar

Phelps Dunbar LLP announces that Patrick A. Talley, Jr. has joined the firm’s New Orleans office as a partner. Formerly with Frilot L.L.C. where he was a partner and practice section leader, Mr. Talley brings more than 25 years of experience in railroad, energy and environmental law as well as commercial litigation to his practice at Phelps Dunbar.

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Tags:  Phelps Dunbar LLP

Davis Polk Advises on Sale of Controlling Interest in Maxum

Davis Polk is advising Metalmark Capital in connection with the acquisition of a controlling interest in Maxum Petroleum, Inc. by Pilot Flying J for cash and Pilot Flying J’s contribution of Western Petroleum into Maxum Petroleum. Current investors in Maxum Petroleum, including Maxum management, Metalmark and Waud Capital Partners, will receive cash and will also re-invest in the new venture. The transaction is subject to customary closing conditions, including expiration or early termination of the waiting period under the Hart-Scott-Rodino Act.

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Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk Advises Sumitomo Mitsui Banking Corporation on $3 Billion Concurrent Guaranteed Senior Bond Offerings

Davis Polk advised Sumitomo Mitsui Banking Corporation in connection with its $3 billion senior debt offering in reliance on the Section 3(a)(2) exemption of the Securities Act. The offering consisted of $1 billion of 1.35% senior bonds due 2015, $1.25 billion of 1.8% senior bonds due 2017 and $750 million of 3.2% senior bonds due 2022, each guaranteed by Sumitomo Mitsui Banking Corporation’s New York branch. The joint lead managers for the offering were Goldman, Sachs & Co., Citigroup Global Markets Inc., Barclays Bank PLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated. SMBC Nikko Securities served as international offering coordinator.

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Tags:  Davis Polk & Wardwell LLP | Tokyo