Extended Stay America and ESH Hospitality’s $520.5 Million Secondary Offering

Fried Frank acted as counsel to Extended Stay America and ESH Hospitality, as issuers, and Centerbridge Partners, Paulson & Co. and The Blackstone Group, as selling shareholders, in a US$520.5 million secondary public offering of paired-share common stock. oncurrent with the secondary offering, Extended Stay America and ESH Hospitality repurchased US$12.9 million of their paired […]

OneBeacon’s $1.7 Billion Acquisition by Intact Financial Corporation

Cravath is representing OneBeacon and White Mountains in connection with the transaction. OneBeacon Insurance Group, Ltd. announced that it has entered into a definitive merger agreement under which Intact Financial Corporation will acquire all outstanding OneBeacon shares for $18.10 in cash per share, representing aggregate cash consideration of approximately $1.7 billion. In addition, approximately $275 […]

Keysight Technologies, Inc.’s $700 Million Registered Debt Offering

Cravath represented the underwriters, led by Goldman, Sachs & Co., BNP Paribas, Barclays and Credit Suisse, in connection with the US$700 million registered debt offering of Keysight Technologies, Inc., a leading electronic measurement company. Proceeds of the offering will be partially used to finance the pending acquisition of Ixia by Keysight. The transaction closed on […]

Anbang Insurance Group’s Two Unanimously Approved Applications for the Waldorf Astoria Hotel

The Kramer Levin Real Estate and Land Use team successfully represented Anbang Insurance Group, the owner of the Waldorf Astoria Hotel, in two applications before the New York City Landmarks Preservation Commission which were unanimously approved at a public hearing on April 25, 2017. The applications proposed exterior alterations, including a rooftop addition and a […]

Consumer Financial Protection Bureau v. Accrediting Council for Independent Colleges and Schools

Venable scores Appellate victory for the Accrediting Council for Independent Colleges and Schools against Consumer Financial Protection Bureau The U.S. Court of Appeals for the D.C. Circuit has upheld a district court ruling that a civil investigative demand (CID) issued by the Consumer Financial Protection Bureau (CFPB) against the Accrediting Council for Independent Colleges and […]

International loan of Camille Pissarro painting, “Shepherdess Bringing In Sheep”, to Musee D’Orsay in Paris

Nixon Peabody Represented The University of Oklahoma and The University of Oklahoma Foundation in International Litigation and Settlement Agreement Camille Pissarro’s painting, “Shepherdess Bringing in Sheep” will soon be on public display in the renowned Parisian art museum, Musee D’Orsay. The painting will be on loan to the museum for the next five years. After […]

Parsley Energy, Inc.’s $2.8 Billion Acquisition of certain entities holding undeveloped acreage and producing oil and gas properties in the core of the Midland Basin

Bracewell LLP represented Parsley Energy, Inc. (Parsley Energy) in the acquisition of certain entities holding undeveloped acreage and producing oil and gas properties in the core of the Midland Basin from Double Eagle Energy Permian LLC and certain of its affiliates for an aggregate purchase price of approximately $2.8 billion, consisting of approximately $1.4 billion […]

CHC Group Ltd.’s Successful Reorganization

CHC Group Ltd., and its affiliated debtors (the largest commercial helicopter service provider primarily servicing the oil and gas industry) emerged from Chapter 11 following a multi-day contested confirmation hearing before the United States Bankruptcy Court for the Northern District of Texas. Kramer Levin represented the Official Committee of Unsecured Creditors. The five members appointed […]