Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has represented German energy company E.ON in its complaint against the nuclear fuel tax law before the German Federal Constitutional Court. The judges agreed with the firm’s argument that the German parliament did not have the requisite power to introduce the tax and declared it unconstitutional. This is the first time a tax law has been retroactively rendered null and void due a lack of legislative competence. 
 

Delphi has been legal advisor to NIBE Industrier AB (publ) in connection with its acquisition of 65% of the shares in the Canadian ventilation company Tempeff North America Ltd with operations in Winnipeg, Manitoba. The company will be part of the NIBE Climate Solutions business area.

Tempeff is a leading manufacturer of high efficient heat recovery ventilation products that are made for commercial, institutional and industrial applications, especially in cold climates.

Osborne Clarke has advised LDC and the A-Gas senior management team on the sale of A-Gas to KKR. LDC is one of the UK’s leading mid-market private equity investors. The company originally invested in A-Gas, a market leader in the distribution and life-cycle management of specialty gases and chemicals, in 2011.

Nctm Studio Legale advised Agatos S.p.A. issuing a convertible debenture bonds in share “Agatos Convertibile 2017- 2026 4,75%” for an amount for up 11.450.000, which will be listed on AIM Italia.

Agatos S.p.A. was advised by Nctm Studio Legale with a team led by Lukas Plattner assisted by Federica Ciabattini.

Slaughter and May advised Wood Group in relation to the US$ 2.75 billion of committed syndicated term and revolving credit facilities (comprising a US$ 1 billion three year term loan facility and a US$ 1.75 billion five year revolving credit facility), put in place in anticipation of Wood Group’s recommended all-share offer to acquire Amec Foster Wheeler.

Houthoff Buruma represented Varo Energy in the acquisition of  United Fuel Groep BV, which resulted  in the expansion of Varo Energy's retail network with 22 retail service stations in the Eastern Netherlands and wholesale and lubricants business activities.

Houthoff Buruma team included: Baukje Dreimüller , Gerrit Oosterhuis , Victorine Dijkstra , Steffie Calten Houwing , Jan-Paul van der Hoek

Allen & Overy and Khoshaim & Associates have advised Saudi Aramco in signing a landmark joint venture agreement with Lamprell, Bahri, and Hyundai Heavy Industries for the creation, development and operation of a new world-class maritime yard in Ras Al-Khair, Saudi Arabia.

Linklaters has advised Eni, the multinational oil and gas company, together with its Area 4 partners, CNPC, ENH, GALP and KOGAS on an ECA-backed multi-billion dollar project financing for the $8bn Coral South floating liquefied natural gas (LNG) project in Mozambique.  The financing is Africa’s largest ever project financing deal to date.  It is also the world’s first project financing of a floating LNG facility.

Advising EMZ in connection with the acquisition of a minority stake in the capital of ONET from FFP, the holding of the family Peugeot.

Clifford Chance advised Kuwait National Petroleum Company (KNPC) on a US$6.245 billion export credit agency (ECA) financing for the KNPC Clean Fuels Project. The latest tranche is part of the landmark US$10 billion financing and the first time that KNPC has tapped international financial markets. Clifford Chance also advised long-standing client KNPC on the first tranche of the financing which saw KNPC tap domestic Kuwaiti debt markets for the first time.