J. Caleb Boggs III Joins King & Spalding

J. Caleb Boggs, III, a lawyer with more than two decades of experience in law, politics and public policy, has joined King & Spalding’s government advocacy and public policy practice as a partner in Washington, D.C. He is expected to concentrate on the financial services industry. Boggs comes to King & Spalding from Blank Rome LLP, where he was a partner.

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Davis Polk – Province of British Columbia $1.5 Billion Global Bond Offering

Davis Polk advised underwriters represented by CIBC World Markets Corp., HSBC Securities (USA) Inc., RBC Capital Markets, LLC and Scotia Capital (USA) Inc. in connection with the offering of $1.25 billion aggregate principal amount of 1.20% bonds due 2017 and $250 million aggregate principal amount of 2.65% bonds due 2021, issued by the Province of British Columbia.

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Tags:  Davis Polk & Wardwell LLP | New York

Shearman & Sterling Advises LIA in Challenge to €1 Billion Italian Asset Freeze

Shearman & Sterling has filed suit in the Court of Appeals in Rome on behalf of the Libyan Investment Authority, challenging the seizure by Italian judicial authorities of approximately €1 billion in LIA assets held in Italy (comprising principally its equity stakes in Italian-listed companies UniCredit, Eni and Finmeccanica). This seizure was carried out pursuant to a request from the International Criminal Court in the Hague, which is asserting that the assets in question are the personal property of the Gaddafi family. The LIA is asserting that these assets are now controlled by the Government of Libya on behalf of the Libyan people.

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Dewey & LeBoeuf Represents Raiffeisen Bank International On the €460 Million Acquisition of Polbank

Raiffeisen Bank International AG (RBI) announced on April 30, 2012 the formal closing of the acquisition of a 70 per cent share in Polish Polbank EFG S.A. (Polbank) from EFG Eurobank Ergasias S.A. Dewey & LeBoeuf’s Warsaw and London teams advised RBI on this acquisition. Concurrently, Eurobank EFG and RBI transferred their respective 30% and 70% shareholdings in Polbank to Raiffeisen Bank Polska S.A. (RBPL), RBI’s existing universal bank in Poland. As a consequence of the transaction, RBPL will be owned in 87% by RBI and in 13% by EFG Eurobank.

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Paul Hastings Advises the Underwriters in Haitong Securities’ US$1.68 Billion IPO

Paul Hastings, a leading global law firm, announced today that it advised Haitong International, J.P. Morgan, Credit Suisse, Deutsche Bank, Citigroup, UBS, HSBC, Nomura, Standard Chartered, BOCOM International and other underwriters in Haitong Securities Co. Ltd.’s (“Haitong”) US$1.68 billion Hong Kong Initial Public Offering and listing of its H shares on the Hong Kong Stock Exchange. The transaction comprised a Hong Kong public offering and a Reg S/Rule 144A international offering. It also has a 15% over-allotment option which could increase the total deal size to as much as US$1.9 billion if exercised in full.

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Tags:  Paul Hastings, LLP | Hong Kong