Akin Gump Strauss Hauer & Feld LLP advised Statoil, the Norwegian state oil and gas company, in concluding a Heads of Agreement with Russia’s Rosneft Oil Company to explore for shale oil in Russia’s Samara region.
Tags: Akin Gump Strauss Hauer & Feld LLP | Moscow
Herbert Smith Freehills has advised Mitsubishi Heavy Industries, Ltd. (“MHI”) on the proposed worldwide merger with Hitachi, Ltd. (“Hitachi”) of their respective thermal power operations. The firm has been working together with Japanese law firm Nishimura & Asahi, German law firm Noerr LLP, South African law firm Werksmans Attorneys, Polish law firm WKB Wiercinski, Kwiecinski, Baehr, and Greek law firm Zepos & Yannopoulos on this deal. The Definitive Agreements were signed on 11 June 2013.
Tags: Herbert Smith Freehills LLP | Tokyo
Global law firm White & Case LLP has acted as deal counsel on the Slovak Republic’s issue of two series of Samurai bonds, denominated in Japanese yen, which have raised JPY 30 billion (approximately US$305.4 million).
Tags: White & Case LLP | Hong Kong
Troutman Sanders LLP is pleased to announce that corporate and tax lawyer William G. Fendley, IV has returned to the firm as a partner in the Richmond, Virginia office.
Tags: Troutman Pepper Hamilton Sanders LLP
Leading global law firm Mayer Brown advised laundry services provider Elis and its parent company, French private equity fund Eurazeo, on the financing, corporate and tax aspects of Elis’ €1.9 billion debt restructuring.
Tags: Mayer Brown LLP
Powerhouse France, a new investment vehicle organised and managed by TwentyTwo Real Estate, has completed the acquisition of Financière SELEC from investment vehicles managed by LBO France and Deutsche Asset and Wealth Management’s real estate investment business (formerly RREEF Real Estate). Powerhouse France financed the acquisition with equity provided equally by Massena Partners and Farallon Capital Management L.L.C.
Tags: Hogan Lovells
David W. Carickhoff has joined Archer & Greiner P.C. as a Partner in the firm’s Bankruptcy Department, where he will concentrate on corporate bankruptcy and business reorganization matters. He will be based in the firm’s Wilmington, Delaware office.
Tags: Archer & Greiner
Linklaters has advised on the procurement for the manufacture and maintenance of rolling stock for the UK rail operator Thameslink’s network. The funding requirement for this project is in the order of £1.8 billion of which £1.6 billion will be met through senior debt.
Tags: Linklaters
The Firm is representing Arch Coal, Inc. (NYSE: ACI) in connection with the sale of its wholly-owned subsidiary, Canyon Fuel Company, LLC, for $435 million in cash to Bowie Resources, LLC. Canyon Fuel includes the Sufco and Skyline longwall mines and the Dugout Canyon continuous miner operation in Utah. In addition, Bowie will receive approximately 105 million tons of bituminous coal reserves in Utah. The transaction is subject to customary adjustments for working capital and other items. The transaction is expected to close in the third quarter of 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented Best Buy Co., Inc. (NYSE: BBY), in a new $500 million revolving 364-day credit facility and a First Amendment to their existing $1.5 billion revolving five-year credit facility. The new 364-day credit facility replaces an existing facility that was to expire in August 2013.
Tags: Simpson Thacher & Bartlett LLP | New York