Davis Polk advised Morgan Stanley & Co. International Plc in its capacity as placing agent for the placement of 2,041,287,000 new shares allotted and issued by G-Resources Group Limited (G-Resources) for a total consideration of approximately HK$776 million.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk advised Morgan Stanley & Co. LLC as the sole book-runner on a $258 million SEC-registered offering of 25,800,000 shares of common stock of Molycorp, Inc. (Molycorp), of which 12,000,000 shares were offered and sold by Molycorp and 13,800,000 shares are being loaned by Molycorp to Morgan Stanley Capital Services LLC under a share lending agreement. Davis Polk also advised Morgan Stanley Capital Services LLC as the share borrower in connection with the share lending agreement.
Tags: Davis Polk & Wardwell LLP | New York
DLA Piper has acquired a recognized financial expert for its German Finance & Projects practice in Dr Wolfram Distler. Dr Distler comes to DLA Piper from Linklaters and, as an equity partner with effect from 1 September 2012, will be strengthening the team in Frankfurt headed by practice group leader Frank Schwem.
Tags: DLA Piper | Germany
Norton Rose Australia has advised the Melbourne Racing Club on the development of its privately owned land surrounding the Caulfield racecourse into a new major urban development project, known as Caulfield Heath which is one of the largest real estate developments in Victoria in recent times.
Tags: Norton Rose Fulbright
Cahill represented Citigroup Global Markets Inc. as lead initial purchaser and the other initial purchasers in connection with the Rule 144A/Reg S offering of $750,000,000 aggregate principal amount of 9% Senior Secured Notes by an escrow subsidiary to be assumed by Caesars Entertainment Operating Company, Inc. Upon release from escrow, proceeds from the offering were used to refinance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New York
Jackson Walker L.L.P. represented J.B. Poindexter & Co., Inc. in the successful completion of a $25 million 144A senior debt offering on August 20, 2012.
Tags: Jackson Walker, LLP | HoustonOn August 13, 2012, Andrews Kurth LLP, a recognized leader in the diversity and inclusion arena, filed an Amicus Briefon behalf of its client the Houston Community College System (“HCC”) in support of the Respondents in Fisher v. University of Texas at Austin, et al., Case No. 11-345, now pending before the United States Supreme Court. Oral arguments are scheduled for October 10, 2012.
Tags: | Houston
On August 21, 2012, the U.S. Bankruptcy Court for the Southern District of Texas granted Houston-based ATP Oil & Gas Corp. preliminary approval for a $617.6 million debtor-in-possession loan. Judge Marvin Isgur approved interim access to the financing, which provides $250 million in “new money” and a roll-up of $367.6 million in pre-petition first-lien debt. This is one of the largest announced DIP facilities to date in 2012. Cravath represented Credit Suisse AG, as arranger. ATP filed for bankruptcy on August 17, citing the 2010 Deepwater Horizon oil rig explosion in the Gulf of Mexico and the subsequent drilling moratorium.
Tags: Cravath, Swaine & Moore LLP
The Firm represented the underwriters, led by J.P. Morgan, Morgan Stanley and RBC Capital Markets, in a public offering of $250 million of 6.25% Senior Notes due 2042 by Domtar Corporation. The Notes are guaranteed by certain subsidiaries of Domtar Corporation.
Tags: Simpson Thacher & Bartlett LLP | New YorkThis week has seen the announcement of several major job changes in the nation’s capital. Crowell & Moring has recruited tax partners Donald M. Griswold and Walter Nagel, Leonard Chanin rejoins Mofo, and John C. Richter is back at K&S.
