Clyde & Co wins precedent setting case at the Supreme Court
The case provides clarity on section 24 appeals under the Health and Safety at Work Act 1974
Global law firm Clyde & Co has successfully defended its client, Chevron, at the Supreme Court.
The case provides clarity on section 24 appeals under the Health and Safety at Work Act 1974
Global law firm Clyde & Co has successfully defended its client, Chevron, at the Supreme Court.
Paladin Energy Limited, an Australian listed company with substantial uranium and mining assets in Namibia, Malawi, Canada and certain Australian states, was placed into administration in July 2017 after one of its major customers, Electricité de France (EDF) advised Paladin it was not prepared to enter into a standstill agreement and required repayment of US$277 million under its Long Term Supply Agreement with the company.
Cleary Gottlieb is representing long-time client Petróleos Mexicanos (Pemex), the Mexican state oil company, in its $4 billion Rule 144A/Reg S debt offering with registration rights, and in two concurrent liability management transactions.
Pemex’s debt offering of 5.350 percent notes due 2028 and 6.350 percent bonds due 2048, under its medium-term notes program, launched and priced on February 1, 2018. The liability management transactions also launched simultaneously on February 1, 2018.
The case provides clarity on section 24 appeals under the Health and Safety at Work Act 1974
Global law firm Clyde & Co has successfully defended its client, Chevron, at the Supreme Court.
Paul Hastings LLP, a leading global law firm, announced that it has advised Madison Energy, a division of Chicago-based Madison Industries, on the acquisition of the Centek Group.
Centek Group specializes in the development of engineering solutions for the world’s toughest casing running environments and is a world leading designer and manufacturer of centralizers, primarily for the oil and gas industry.
King & Wood Mallesons (KWM) advised Paladin Energy Limited (Paladin) and its administrators KPMG, on Paladin’s complex balance sheet restructure. The 7 month administration culminated in a US$700m debt for equity swap through a Deed of Company Arrangement (DOCA) and a court approved s444GA share transfer.
CMS Grau has helped UK extraction company Tullow Oil acquire a 35% share in an offshore oil block in Peru’s Tumbes Basin. The agreement includes the financing of 43.75% of the total cost of the first exploration.
The Z-38 Blocks includes the first deep-water prospects to be drilled in Peru, which has been delayed for several years due to the technical and economic challenges it represents.
As part of CMS Grau, the transaction was led by Carlos Hamann and Augusto Astorga, partners of Oil and Gas practice area.
CMS Grau has helped UK extraction company Tullow Oil acquire a 35% share in an offshore oil block in Peru’s Tumbes Basin. The agreement includes the financing of 43.75% of the total cost of the first exploration.
The Z-38 Blocks includes the first deep-water prospects to be drilled in Peru, which has been delayed for several years due to the technical and economic challenges it represents.
As part of CMS Grau, the transaction was led by Carlos Hamann and Augusto Astorga, partners of Oil and Gas practice area.
King & Wood Mallesons (KWM) advised Paladin Energy Limited (Paladin) and its administrators KPMG, on Paladin’s complex balance sheet restructure. The 7 month administration culminated in a US$700m debt for equity swap through a Deed of Company Arrangement (DOCA) and a court approved s444GA share transfer.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the Egyptian Refining Company (Takrir) S.A.E. (‘ERC’), the company behind the development of Egypt’s largest oil refinery, on the settlement of a deal with the construction joint-venture working on the refinery that will fund a series of delays to the project and allow construction to move forwards. The construction joint-venture comprises of GS Engineering & Construction Corporation and Mitsui & Co., Ltd.