Shearman & Sterling advised the lenders including HSBC and Barclays on the $900 million permanent financing for the Tamar Gas development project which reached Financial Close on 7 August 2012. About 56 miles off the Israeli coast, the Tamar offshore gas field is held by Delek Drilling LP, Avner Oil Exploration LP, Dor Gas Explorations LP, Noble Energy Mediterranean Ltd. and Isramco Negev 2 Limited Partnership.

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On August 7, 2012, a team of Jenner & Block attorneys closed a $300 million international secured letter of credit facility provided by Citibank, N.A. and its affiliates in 42 foreign countries to General Motors Holdings LLC and its domestic and foreign subsidiaries.

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Exelon Corp., the largest competitive U.S. power generator, today announced that it has reached an agreement to sell its three Maryland coal-fired power plants and related assets to Raven Power Holdings LLC, a new portfolio company of energy and power focused private equity firm Riverstone Holdings LLC, for $400 million, subject to several closing adjustments.

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Ashurst has advised Thakral, one of Australia’s largest hotel owners, on its $460 million syndicated refinancing deal. Thakral’s key assets include the Wynyard Centre in the Sydney CBD and certain Sofitel, Novotel and Hilton hotels in major centres along the east coast of Australia.

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Weil has today secured victory for Sir David and Sir Frederick Barclay and their associated companies, who were defendants in the hard fought and highly complex unfair prejudice petition and conspiracy action brought by Irish developer Patrick McKillen. The multimillion-pound action, which lasted for 30 full days of trial and which was heard on an expedited basis by Mr. Justice David Richards, related to the ownership and control of the Maybourne Hotels Group, which owns three iconic London hotels: Claridges, the Berkeley and the Connaught.

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