DLA Piper represented oil and gas exploration and production company Oasis Petroleum Inc., in the acquisition of approximately 55,000 net acres in North Dakota's Williston Basin from SM Energy Company in a US$785 million transaction.
The newly acquired assets will increase Oasis' core acreage and inventory by approximately 25 percent.
DLA Piper has advised Smart-Core Holdings Limited on its successful approximately HK230 million initial public offering on the Main Board of the Stock Exchange of Hong Kong.
Smart-Core is a leading distributor of integrated circuit and electronic components headquartered in the PRC. The company believes there will be rapid growth in its field in the future. The Hong Kong tranche was over-subscribed by 15.5 times and the international tranche was moderately over-subscribed.
Sidley represented Aboitiz Power Corporation in its US$1.2 billion acquisition of a 66.1 percent interest in a 604 MW subcritical coal-fired power plant and a 40 percent interest in a 1,336 MW greenfield supercritical coal-fired power plant in the Philippines. The power projects were acquired following a private auction by Blackstone/Sithe Global. Sidley also represented Aboitiz Power Corporation in the US$650 million acquisition financing facility from international banks led by Bank of Tokyo-Mitsubishi UFJ and Standard Chartered Bank.
Copyright protection of video games: After the referral to the European Court of Justice (ECJ) and rejection by the Federal Court of Justice (BGH), Nintendo, advised by King & Wood Mallesons (KWM), was successful in their claim before the Munich Higher Regional Court (OLG).
The Freshfields team was led by London Corporate partner Sam Newhouse.
Freshfields Bruckhaus Deringer LLP (“Freshfields”) has advised Essar Energy Holdings Limited, Mauritius in relation to its US$12.9 billion sale of 98 per cent of Essar Oil. Essar Oil is to sell 49 per cent to Rosneft, and a further 49 per cent to a consortium of international investors, including Trafigura and UCP. The transaction is subject to receipt of the necessary regulatory approvals and other customary conditions.
London – Paul Hastings LLP, a leading global law firm, announced today that it has advised Gulf Keystone on its recently completed financial restructuring.
The Scheme of Arrangement in connection with the balance sheet restructuring was announced on 14 July 2016 and became effective on 13 October 2016.
Linklaters has advised Rosneft on the Sale and Purchase Agreement for approximately 49% stake in Essar Oil Limited (hereinafter - “EOL”) from Essar Energy Holdings Limited and its affiliates. Rosneft Board of Directors unanimously approved the deal on 13th October 2016.
Rosneft acquired 49% of the Vadinar refinery, one of the most sophisticated refinery in the Asia-Pacific region, possessing a complex infrastructure. EOL's business also includes a vast network of 2.7 thousand Essar branded retail outlets across India.
International law firm Ashurst is advising EnQuest PLC, the largest independent UK oil producer in the UK North Sea, on its financial restructuring.
The restructuring includes the amendment and restatement of a revolving credit facility of up to US$1.7 billion, the exchange of US$650 million high yield notes for new notes, the amendment of the terms governing £155 million retail notes and a placing and open offer.
Hannes Snellman acted as counsel to Eurus Energy Holdings Corporation, a leading Japanese renewable energy company in its acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY. The wind farms Kankaanpäänmäki and Mustaisneva, with a total capacity of 27.5 megawatts, consist of 11 Lagerwey L100-2.5 megawatt wind turbines in the Southern Ostrobothnia region.
Our core team included Rabbe Sittnikow, Tapio Teräkivi, Maria Lassenius, Jussi Ahtola, Klaus Metsä-Simola, Heikki Majamaa, Janne Veneranta and Katja Heikkinen.
Global law firm Norton Rose Fulbright has advised solar and storage technology company Redback Technologies on the sale of a stake to major energy company EnergyAustralia (which is owned by CLP).
The deal, valued at AU$9.3 million, will enable EnergyAustralia to offer customers access to the smart solar inverter with its cloud based software that enables smart energy usage. The investment will support Redback’s development and release of new products.