Shearman & Sterling Advises SunGard Data Systems in Split-Off of Availability Services Business

Shearman & Sterling advised SunGard Data Systems Inc. (“SunGard”), one of the world’s leading software and technology services companies, on the tax-free split-off of its Availability Services business. As a result, Sungard Availability Services, a leading provider of information availability through managed IT, cloud and recovery services, is now a separate, independent company with approximately $1.4 billion in annual revenue and its own Board of Directors.

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Tags:  Shearman & Sterling LLP | New York

Jackson Walker Welcomes Daniel Nossa

Daniel Nossa is a partner in the Energy, Derivatives, and Investment Funds group at Jackson Walker. He advises public and private entities on commodity and financial transactions ranging from plain vanilla trades to complex multi-billion dollar structured deals. Mr. Nossa has extensive experience negotiating and drafting industry standard documentation such as the ISDA, GMSLA, MSLA, MSRA, EEI and NAESB agreements and many forms of credit support documents including CSAs, security agreements, guaranties and letters of credit. He advises dealers and end users on the Commodity Exchange Act and Dodd-Frank regulations. Mr. Nossa received his A.B., cum laude, from Princeton University and his J.D. degree from Stanford Law School.

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Tags:  Jackson Walker, LLP | Houston

Arnold & Porter Represents Hungary in Its US$3 Billion Global Offering

Arnold & Porter LLP’s client Hungary recently closed a global offering of $3 billion in debt securities via BNP Paribas, Citigroup, Deutsche Bank Securities and J.P. Morgan. The $3 billion offering consisted of $1 billion Notes due 2019 and $2 billion Notes due 2024. The offering was one of the largest deals so far this year in the Central and Eastern Europe, Middle East and Africa (CEEMEA) region.

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Tags:  Arnold & Porter Kaye Scholer LLP | New York

Davis Polk Advises Credit Suisse on the Spinout of DLJ Merchant Banking

Davis Polk advised Credit Suisse Asset Management on the spinout of DLJ Merchant Banking Partners into an independent advisory firm called aPriori Capital Partners L.P. The DLJ Merchant Banking Partners III, L.P. and DLJ Merchant Banking Partners IV, L.P. private equity funds collectively represent approximately $2 billion of value across 22 portfolio companies as of December 31, 2013. Credit Suisse is one of the world’s leading financial services providers.

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Tags:  Davis Polk & Wardwell LLP | New York