Planta de Reserva Fría de Generación de Eten SA, a Peru-based power generation company, has received the 2013 Latin American Project Bond Deal of the Year and Overall Latin American Deal of the Year awards from Project Finance magazine. DLA Piper advised BTG Pactual as arranger and placement agent of the $132.8m (£80m) project bond […]
DLA Piper has acted for PwC, which was the administrator for eight companies in the Opal Property Group. The team, led by partner Mark Jackson alongside Barney Smedley, helped to successfully sell the companies’ business to Campus Living Villages (CLV) for £244.9m. CLV, which is part of an Australian group providing student accommodation in the […]
DLA Piper has successfully acted for ING Bank in litigation proceedings initiated by, among others, Stichting Restschuld Eerlijk Delen — the foundation responsible for splitting the difference of residual debt. The foundation commenced class action litigation against ING Bank in relation to residual debt issues. Affiliates of the foundation have entered into credit agreements secured […]
DLA Piper was involved with the initial public offering (IPO) of online fashion retailer Boohoo.com. The Manchester team that acted for Boohoo provided advice to the company on its flotation and placing of new shares on AIM. Boohoo.com, which is based in Manchester, is to place 600 million new ordinary shares at 50p per share, giving […]
Conyers Dill & Pearman has provided Bermuda law advice to Castlelake, an institutional alternative investment firm specialising in aircraft, in connection with its $515.6m (£310m) aircraft securitisation, Castlelake Aircraft Securitization Trust 2014–1. The proceeds from the deal will be used to purchase a fleet of 79 aircraft and associated aircraft-owning entities that are initially leased […]
Allen & Overy claims it has completed a clean sweep of all overall legal adviser awards possible, in addition to topping the major league tables in 2013. At the Infrastructure Journal Awards, Allen & Overy was nominated in all six categories and won Legal Adviser of the Year in four of them: mergers and acquisitions; […]
Eversheds Ots & Co has advised Finnish media group Alma Media on its sale of news agency Baltic News Service (BNS) to Uudisvoog OÜ, a subsidiary of Koha Capital. The value of the sale was not disclosed. BNS operates in Estonia, Latvia and Lithuania. Last year, the company’s turnover was €4.2m (£3.5m).
DLA Piper’s Leadership Alliance for Women (LAW) — a network dedicated to retaining and developing its women into leaders — is expanding across the firm’s international offices. To recognise International Women’s Day on 8 March, DLA Piper and LAW led a week of events across the world, many of which saw the firm link up with its […]
DLA Piper has appointed Paul Gray as a partner in the real-estate finance team, part of the finance and projects group. Gray has joined the firm’s London office from Sidley Austin, where he was a senior associate in the global finance group. He specialises in highly leveraged real-estate and structured finance transactions but has a broad practice […]
DLA Piper has advised Vodafone Holdings Europe SLU on its acquisition of Spanish cable company Grupo Corporativo Ono SA for €7.2bn (£6bn) on a debt- and cash-free basis. Ono has the largest next-generation network in Spain with approximately 7.2 million homes released to marketing, serving 1.9 million customers in 13 of Spain’s 17 regions. The transaction enables […]
Last year’s Jackson reforms, which affected the recovery of legal costs among other changes, have claimed a major victim. Energy giant National Grid has dumped Irwin Mitchell for Shakespeares as its debt and damage legal provider, after the implementation of Jackson prompted an early review. What’s bad news for Irwin Mitchell is great for Shakespeares. […]
Barrister S Chelvan from No5 Chambers, instructed by Wesley Gryk of Wesley Gryk Solicitors, has drafted on behalf of four international non-governmental organisations (NGOs), based in Brussels, Helsinki and Paris respectively, written comments for the forthcoming Strasbourg case of A. E v Finland (App. No 3095/11). The case will give the European Court of Human […]