Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised Canadian headquartered Stella Natural Resources Inc (SNR) in relation to the recently announced agreement with Australian Pacific Coal Limited (AQC) to establish the Dartbrook Mine incorporated joint venture.

Under the agreement, SNR will acquire a 50% interest in the Dartbrook project for A$20 million, and SNR and AQC will establish the Dartbrook joint venture to develop and operate the mine.

Slaughter and May is advising Countrywide plc (Countrywide) on its capital refinancing plan (Capital Refinancing Plan) comprising:

    the raising of gross proceeds of £140 million by way of a firm placing and placing and open offer; and
    the amendment of covenant levels by way of, and the reduction of overall indebtedness under, an amendment and extension of its revolving credit facility.

Countrywide is a leading full service residential estate agency and property services provider in the UK.

TLT has advised Molson Construction Equipment, the UK’s largest distributor of capital equipment, on a £6.3m investment from BGF, the most active growth investor in the world.

Headquartered in Bristol, Molson will use the investment to build a new national parts centre and additional depots across the UK.

Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm advised Sino-Ocean Group Holding Limited as the guarantor in relation to the issue by its wholly-owned subsidiary, Sino-Ocean Land Treasure IV Limited, of US$700 million floating rate guaranteed notes due 2021.

We have advised on the IPO of Castellana Properties SOCIMI (REITs are referred to as "SOCIMIs" in the Spanish market) which has been listed on the Mercado Alternativo Bursátil (the MAB) of shares issued by SOCIMIs.

Cleary Gottlieb represented global real estate services firm Cushman & Wakefield plc and its principal shareholders, a consortium comprised of TPG, PAG Asia Capital, and Ontario Teachers’ Pension Plan Board, in the company’s $765 million initial public offering of 45 million of its ordinary shares.