Eurasia Drilling Company Limited (EDC) announced on 20 January 2015 that it has agreed with members of its management team the terms of a merger between EDC and EDC Acquisition Company Limited, which will result in EDC being delisted from the London Stock Exchange and its minority shareholders being paid US$22 per Global Depositary Receipt. The transaction values EDC at approximately US$3.2 billion. Conditional on the merger taking place, affiliates of Schlumberger Limited have agreed to buy approximately 45.65 percent of the shares in EDC, with an option to buy the balance of the EDC shares in the future. The deal is subject to a number of conditions and is expected to close in the second half of February 2015. More >>
Tags: Vinson & Elkins LLP | LondonMourant Ozannes advises on US$1billion sale of Highcross
Offshore law firm Mourant Ozannes has advised Highcross Group in connection with the US$ 1billion (£635 million) sale of the assets of Highcross Regional U.K. Partners and Highcross Regional U.K. Partners III to Northwood Investors, a US based fund manager. More >>
Tags: Mourant Ozannes | JerseyReal Estate Attorney Douglas Praw Joins Holland & Knight in Los Angeles
Holland & Knight today announced that real estate attorney Douglas Praw has joined the firm as a partner in the Los Angeles office. Mr. Praw has extensive experience in a wide range of real estate and public finance matters. He comes to Holland & Knight from Goodwin Procter.
“Doug is an excellent addition to our real estate practice in California,” said Susan Booth, head of Holland & Knight’s West Coast Real Estate Group. “He regularly represents some of the major players in the industry. His experience not only in real estate, but also in land use and finance, will be a valuable asset to the firm and our clients.” More >>
Tags: Holland & Knight LLP | Los AngelesGreenberg Traurig Adds Prominent Real Estate Attorney James R. Shea, Jr. to Its Boston Office
International law firm Greenberg Traurig, LLP has added prominent real estate attorney James R. Shea, Jr. as a shareholder in the firm’s Boston office. With a legal career spanning over three decades, Shea focuses his practice on real estate matters, including finance, restructuring, and development. He represents public and private developers, contractors, and lenders in the creation, development, and financing of mixed-use and urban real estate projects throughout New England. With a special expertise in public-private and transit-oriented development projects, Shea has collaborated in the drafting of legislation to facilitate the financing of public infrastructure for economic development projects. More >>
Tags: Greenberg Traurig, LLP | BostonFarella Bolsters Intellectual Property Litigation Practice: Welcomes Partner Jim Day and Associate Winston Liaw
Farella Braun + Martel LLP welcomes James L. Day as a partner and Winston Liaw as an associate to its Intellectual Property Litigation Department. Both attorneys have an emphasis in patent litigation and further enhance Farella’s bench of IP attorneys with deep technology backgrounds. More >>
Tags: Farella Braun + Martel LLP | San FranciscoFreshfields advises CITIC on US$10bn strategic investments from CP Group and ITOCHU Corporation
International law firm Freshfields Bruckhaus Deringer has advised CITIC Group and CITIC Limited on the proposed sale and subscription of shares to a consortium of investors formed by CP Group (CPG) and ITOCHU Corporation (ITOCHU), for a cumulative value of US$10.3bn. More >>
Tags: Freshfields Bruckhaus Deringer LLP | BeijingProminent West Virginia Law Firm to Merge with Dinsmore
Building off the momentum from 2014, Dinsmore & Shohl LLP makes a move to strengthen its Midwest presence and deepen its bench of trial attorneys. Dinsmore is pleased to announce a merger with Huddleston Bolen LLP, one of the oldest law firms in West Virginia and the surrounding region.
The merger, effective February 1, 2015, will add 40 attorneys and 56 staff to the firm. With the addition, Dinsmore will become the 4th largest law firm in West Virginia with more than 75 attorneys practicing in five offices. More >>
Tags: Dinsmore & Shohl LLPFormer SF USAO Securities Fraud Chief Joins Covington
Douglas Sprague, former chief of the San Francisco U.S. Attorney’s Office Economic Crimes and Securities Fraud section, has joined Covington & Burling’s litigation group as a partner, further strengthening the firm’s highly regarded white collar practice. He will be resident in Covington’s San Francisco office. More >>
Tags: Covington & Burling LLP | San FranciscoBlank Rome Adds Business Transactions Attorney in Houston
Blank Rome LLP is pleased to announce that John Adkins has joined the Firm as a Partner in the Finance, Restructuring, and Bankruptcy group. Mr. Adkins represents clients in business transactions, including banking, real estate, and corporate matters. He is based in the Firm’s Houston office.
“With Houston’s continued expansion as a hub of economic growth and opportunity, John’s experience working with local businesses and financial institutions will be an excellent complement to our expanding Houston office and the Firm,” said Alan J. Hoffman, Chairman and Managing Partner. “As a former general counsel, John also brings valuable perspective that will enhance our ongoing commitment to excellence in client service.” More >>
Tags: Blank Rome LLP | HoustonHighly Experienced Employment Attorney Kathy Dent Joins Davis Wright Tremaine LLP in Portland
Kathy Dent, a highly experienced employment attorney and former assistant general counsel for PacifiCorp, has joined the Portland office of Davis Wright Tremaine LLP.
Dent was previously a partner in DWT’s employment practice, and returns after a decade of experience working in-house. More >>
Tags: Davis Wright Tremaine LLP | Portland