Herbert Smith Freehills has advised Lend Lease Singapore on the successful launch of the Lend Lease JEM Partners Fund. The fund has been established to acquire Lend Lease’s 25% equity interest in JEM, a significant retail and office asset in Singapore which opened for trading on Saturday. Herbert Smith Freehills also advised on the sale of the asset to the fund for around S$227 million (approx. A$189 million).
Tags: Herbert Smith Freehills LLP | Singapore
International law firm McDermott Will & Emery today announced the appointment of A. Marisa Chun as a partner in the Firm’s Trial Practice Group, based in Silicon Valley.
Tags: McDermott Will & Emery LLP | Silicon Valley
Katten Muchin Rosenman LLP announced today that Terance A. Gonsalves has joined Katten as a partner in the firm’s Litigation practice, where he will focus on complex litigation, regulatory and compliance matters.
Tags: Katten Muchin Rosenman LLP
Allen & Overy advised the Russian state-owned banks, Sberbank of Russia and VTB Capital plc (the investment banking division of JSC VTB Bank), as arrangers and lenders under a USD1.7bn public-to-private acquisition financing facility and related refinancing facilities totalling USD1.75bn on the forthcoming public offer for the ordinary shares of Eurasian Natural Resources Company plc (LSE: ENRC) by Eurasian Resources Group B.V., which was announced to the London Stock Exchange on 24 June 2013.
Tags: Allen & Overy LLP | Moscow
Baker & McKenzie advised Aer Rianta International cpt (ARI), an Irish state-owned travel retail company, on the sale of its 33.3% shareholding in Aerofirst, the Moscow-based airport retail operation, to Arial, ARI’s fellow shareholder in Aerofirst, which owns the remaining 66.6% stake.
Tags: Baker McKenzie | Moscow
Goodwin Procter, a national Am Law 50 firm, announced today that Grant P. Fondo has joined the firm’s Silicon Valley office as a partner in its Securities Litigation & White Collar Defense Group. Fondo comes to Goodwin from the U.S. Attorney’s Office for the Northern District of California, where he served as an Assistant U.S. Attorney in its Criminal Division for nearly five years. He will focus on representing technology, life sciences and venture capital clients in a wide range of litigation and investigative matters.
Tags: Goodwin Procter LLP | Silicon Valley
Adding a major talent to its top-ranked Advertising and Marketing group, Venable LLP announced that Po Yi, formerly Vice President and Chief Advertising Counsel for American Express and an authority on branded content, sponsorship, media integration, and digital and social media marketing, has joined the firm as a partner in the New York office.
Tags: Venable LLP | New York
The Firm represented affiliates of Blackstone Real Estate Partners VII (collectively, “Blackstone”) in connection with its investment in a joint venture with Kimco Realty Corp. (NYSE: KIM). Blackstone acquired a 67 percent interest in the shopping center portfolio from affiliates of the UBS Wealth Management North American Property Fund, while Kimco increased its ownership interest in the joint venture to 33 percent from its previous 18 percent interest. Both of these transactions were based on a gross purchase price of approximately $1.1 billion including approximately $631 million of assumed debt. The joint venture comprises 39 retail properties totaling approximately 5.6 million square feet.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing The Blackstone Group in connection with the announced merger of Vanguard Health Systems, Inc. (NYSE:VHS) and Tenet Healthcare Corporation (NYSE:THC). Investment funds affiliated with Blackstone own approximately 37.75% of the issued and outstanding shares of common stock of Vanguard. Under the terms of the merger agreement, Tenet will acquire all of the issued and outstanding shares of common stock of Vanguard for $21 in cash per share. The acquisition is valued at $4.3 billion, which includes the assumption of $2.5 billion in debt. The transaction is subject to the satisfaction of customary closing conditions and regulatory approvals and is expected to close before the end of 2013.
Tags: Simpson Thacher & Bartlett LLP | New York
Rosetta B. Packer, an attorney known for her work advising financial institutions and commercial finance companies in workouts and restructuring matters, has joined Ballard Spahr as a partner in the Philadelphia office, firm Chair Mark Stewart announced today.
Tags: Ballard Spahr LLP