Clifford Chance advises Volkswagen Aktiengesellschaft on the issuance of U.S.$ 2.8 billion of bonds by Volkswagen Group of America Finance, LLC

Clifford Chance advised Volkswagen Aktiengesellschaft and Volkswagen Group of America Finance, LLC on the issuance of U.S.$ 2.8 billion of bonds by Volkswagen Group of America Finance, LLC primarily to U.S. institutional investors pursuant to Rule 144A of the Securities Act of 1933. The bonds are irrevocably and unconditionally guaranteed by Volkswagen Aktiengesellschaft. This was Volkswagen Group of America Finance LLC’s third issuance of bonds to U.S institutional investors. More >>

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Reed Smith Expands in Germany with New Office in Frankfurt

Global law firm Reed Smith has today announced a significant investment in its European platform with the opening of an office in Frankfurt. The opening is in response to growing client demand in the German market and builds on the success of the firm’s Munich office, which celebrates its 10-year anniversary this year More >>

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Dentons Advises STADT UND LAND on the Acquisition of 1,000 Apartments

Global law firm Dentons has advised STADT UND LAND Wohnbauten-Gesellschaft mbH on the acquisition of a property portfolio containing just under 1,000 residential and six commercial units in the Marzahn-Hellersdorf district of Berlin. The transaction is still subject to approval by the cartel authorities. The portfolio acquired is nearly fully let and comprises buildings with around 56,500 sqm living space, distributed equally between Marzahn and Hellersdorf More >>

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K&L Gates Adds Tax Partner in Frankfurt Office

The Frankfurt office of global law firm K&L Gates LLP welcomes Karsten Seidel as a partner in the tax practice. Seidel joins K&L Gates from King & Wood Mallesons.

Seidel began his career at a law firm in Northern Germany before moving into the tax department of Ernst & Young and then into private practice at SJ Berwin, later King & Wood Mallesons, in Frankfurt in 2005.

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Firm Advises Arkema in Proposed €1.74 Billion Acquisition of Bostik

It was recently announced that Willkie client Arkema, a global chemical company and France’s leading chemicals producer, has proposed to acquire Bostik from French oil company Total SA for a total enterprise value of €1.74 billion, representing 11 times the company’s EBITDA. With about 4,900 employees and over 48 locations worldwide, Bostik is one of the world’s leading adhesive makers. More >>

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London and Frankfurt Offices of Bingham McCutchen to Join Akin Gump

International law firm Akin Gump today announces that the London and Frankfurt offices of Bingham McCutchen, along with a group of partners from Bingham’s Hong Kong office, will join the firm. With this 22-partner expansion, Akin Gump will grow its London and Hong Kong offices markedly and will also open the firm’s first office in Germany. The move will be effective over the coming weeks.

The move will bring together Akin Gump’s financial restructuring practice in the United States, led by partners Daniel Golden, Ira Dizengoff, Fred Hodara and Mike Stamer, with the London-based leaders of Bingham’s financial restructuring group, partners James Roome, Barry Russell and James Terry. The combination cements Akin Gump’s reputation as the home of a top-tier global financial restructuring practice and adds substantial depth to the firm’s corporate, finance, disputes, regulatory and tax practices while significantly increasing the firm’s international footprint.

The firm further expects to welcome a number of additional attorneys from Bingham soon in London, Hong Kong and Frankfurt. More >>

Tags:  Akin Gump Strauss Hauer & Feld LLP | Frankfurt | Hong Kong | London