Global Legal Chronicle – Global Legal Chronicle

North America Legal Chronicle

Yellow Wood Partners’ $300 Million Financing

November 14, 2019 Ambrogio Visconti

Fried Frank acted as counsel to Yellow Wood Partners on the deal. Yellow Wood Partners entered into a US$275 million senior secured term loan and a US$25 million senior secured revolving credit facility, to finance its acquisition of Dr. Scholl’s. Yellow Wood Partners is a Boston-based leading private equity firm focused on investing in consumer […]

Europe Legal Chronicle

Compagnie Nationale à Portefeuille’s €400 Million Acquisition of CLS Group

November 14, 2019 Paolo Bossi

Willkie advised Compagnie Nationale à Portefeuille, and Sekri Valentin Zerrouk advised Collecte Localisation Satellites. Compagnie Nationale à Portefeuille (CNP), an investment firm owned by the Frère family, completed the acquisition of a majority stake in Collecte Localisation Satellites (CLS). Under the terms of this transaction, Ardian and IFREMER would sell their interest in the CLS Group. […]

Asia & Pacific Legal Chronicle

AerDragon Aviation Partners’ US$220 Million Senior Secured Commercial Loan

November 14, 2019 Michael Patrini

Herbert Smith Freehills has advised a syndicate of financiers on AerDragon Aviation Partners’ US$220 million senior secured commercial loan. The bank syndicate was led by Credit Agricole CIB (CA-CIB) and DVB Bank SE Singapore Branch and also included the Korea Development Bank, Landesbank Hessen-Thuringen Girozentrale and Norddeutsche Landesbank Girozentrale. Dragon is an aircraft leasing joint […]

Latin America Legal Chronicle

El Brocal’s $161.8 Million Loan

November 14, 2019 Ambrogio Visconti.

Payet, Rey, Cauvi, Pérez and García Sayán advised on the deal El Brocal secured a $161.8 million loan from Banco de Crédito del Perú. Credicorp Capital Servicios Financieros acted as structuring agent on the deal. Sociedad Minera el Brocal SAA extracts, processes, and markets polymetallic minerals such as lead, silver, and zinc. The Company, led […]

Africa Legal Chronicle

Impala Platinum Holdings Limited’s Acquisition of North American Palladium

October 11, 2019 Andrea Canobbio

Baker McKenzie advised Impala Platinum Holdings Limited on its acquisition of 100% of the issued and outstanding common shares of North American Palladium for total cash consideration of approximately C$1.0 billion (approx. €684.26 Million). The Transaction was implemented pursuant to a plan of arrangement in Canada according to an arrangement agreement entered into between NAP, […]

Middle East Legal Chronicle

Saudi Aramco Entrepreneurship Center’s $2 Million Co-Investment In UnitX

November 5, 2019 Michael Patrini.

Vinson & Elkins advised Saudi Aramco Entrepreneurship Center The Law Firm of Looaye M. Al-Akkas in Association with Vinson & Elkins advised Saudi Aramco Entrepreneurship Center (Wa’ed) on its co-investment in UnitX, a KAUST artificial intelligence (AI) and supercomputing startup company and cloud-based supercomputing provider that helps enterprises deploy AI at scale. The V&E team […]

Towards a tech-driven Cold War

June 18, 2019

There might, hypothetically, be a clear winner of the “Fourth Industrial Revolution”. AI systems and 5G technology are surely the revolution’s two key enablers, and the first mover – the first to successfully implement these systems on a large and sophisticated scale – will certainly gain a competitive advantage over others. This is not, however, […]

Record-breaking year for Tour de Law

Private equity is still growing, although the euphoria of 2014 has died down somewhat

On the path of the bond market: is there a bear, a bull…or what else at the end of the road?

Launch of LAA’S website

November 13, 2019

The Luxembourg Arbitration Association a.s.b.l. (“LAA”), a non-profit organisation founded in 1996, and dedicated to the promotion and development of arbitration practice in Luxembourg, is proud to announce the launch of its website: www.luxarbitration.com Looking for an arbitrator, a counsel or a tribunal secretary? You will find all this and more in the “Members” tab. […]

Law firms: time to lock-up before the Brexit election

Prohibition: 100 years on from the US alcohol ban

Keep Calm and Be a (Black) Swan – Standalone injunctive relief

Do Chambers and the Legal 500 have a diversity problem?

Daylight Bank Robbery

July 10, 2019

Imagine if you ran a small engineering company and decided to open an account with a bank which you used for several years in ordinary commercial business, only to find that its operations were then terminated. Not only that, but your account was frozen as the bank in question was accused by the US government […]