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Asset Sale: Acquiror's Counsel

White & Case Advises Allianz Renewable Energy Fund on Acquisition of Onshore Wind Farm Portfolio

17 Nov 2014

White & Case LLP has advised Allianz Renewable Energy Fund (AREF) on its acquisition of an onshore wind farm portfolio from DIF Renewable Energy Fund.

The nine onshore wind farms have a total capacity of approximately 57 megawatts and are located in Saxony-Anhalt, Saxony, Hesse, Brandenburg and Mecklenburg-Western Pomerania.

The completion of the transaction is subject to customary closing conditions and antitrust clearance.

LETT assists Umoe Restaurants AS in the acquisition of Montana-Food's Burger King restaurants

13 Nov 2014

Norwegian Umoe Restaurants AS acquired Montana Food's Burger King restaurants in Denmark. LETT assisted Umoe Restaurants AS in the transaction.

Umoe Restaurants A/S owns 330 restaurants and trades for more than NOK 4bn. In addition to the Burger King restaurants, the Company owns a number of Starbucks cafés and Peppes Pizza etc. So, Umoe Restaurants AS is the largest player in Scandinavia within this area.

The investment in Denmark is stragegic, and Umoe Restaurants AS expects to open more restaurants in Denmark in the future.

Norton Rose Fulbright advises Amedeo on the purchase of two A380 aircraft

13 Nov 2014

Norton Rose Fulbright has advised Amedeo Limited, the Dublin based aircraft lessor, on the acquisition of two A380 superjumbos leased to Emirates under 12 year operating leases, representing the first time A380 aircraft have been acquired by an operating lessor on balance sheet.

The team was led by London partner Giles Brand, assisted by associate Juliet Huang. Sydney partner Nino di Bartolomeo also advised, supported by senior associate Barbara Carroll.

Giles Brand, partner, Norton Rose Fulbright, commented:

Auer Lighting acquires ‘Technical Sight Glasses’ division from Technische Glaswerke Ilmenau supported by Heuking Kühn Lüer Wojtek

13 Nov 2014

Auer Lighting GmbH and insolvent Technische Glaswerke Ilmenau GmbH (TGI) agreed on the acquisition of certain assets assigned to the "Technical Sight Glasses" division, including the "llmadur" brand, by Auer Lighting. A team led by Dr. Jörg Schewe, Partner at the commercial law firm of Heuking Kühn Lüer Wojtek, legally advised Auer Lighting on the transaction.

Allianz Global Investors relies on Linklaters’ legal expertise in acquisition of solar parks

13 Nov 2014

Linklaters has advised the Allianz Renewable Energy Fund on its purchase of the two photovoltaic ground mounted parks Green Tower II und III. The plants are located on the former military airbase Preschen in Jocksdorf, Brandenburg, and have a total capacity of around 55 MW. The project can produce eco-friendly electricity sufficient for approx. 12,000 four-person households per year. The solar parks were formerly owned by AB Unternehmensberatung & Beteiligungsgesellschaft mbH.

Taylor Wessing advises buyer on purchase of the Gherkin

12 Nov 2014

Taylor Wessing has acted on behalf of the buyer, a private investor, on the purchase of one of London's most iconic buildings, the Gherkin.  The client has agreed to acquire the office tower at 30 St Mary Axe in the City of London from Deloitte LLP, the building's receivers.

Completed in 2004, the Gherkin comprises 505,000 sq ft of offices with tenants including Swiss Re and Kirkland & Ellis.

Paul Lawrence, Real Estate partner at Taylor Wessing said:

Addleshaw Goddard advise on significant healthcare acquisition for property investor Assura

11 Nov 2014

Addleshaw Goddard has advised UK REIT client and leading primary care property investor and developer, Assura Group Limited (Assura), on its £62.9 million acquisition of 11 high quality medical centres. The deal was completed through the purchase of the entire issued share capital of Metro MRI Limited (Metro) from Ray Seymour, Alistair Blacklaws and certain of their related persons.

NCTM Studio Legale Associato with HTML.it, a Triboo Media S.p.A. group company, in Wall Street Italia editorial assets’ acquisition

10 Nov 2014

NCTM Studio Legale Associato has advised HTML.it, a subsidiary of Triboo Media S.p.A., on the acquisition of the editorial assets of Wall Street Italia, the independent online magazine, operating in the economic and financial area, with more than 1 million visits per month and 5 million page views.

NCTM has followed this deal with a team led by Lukas Plattner, partner, assisted by Eleonora Sofia Parrocchetti, associate.

Herbert Smith Freehills assists Johnson Matthey in powering up its battery materials business

05 Nov 2014

Herbert Smith Freehills has advised global specialty chemicals company Johnson Matthey on its acquisition of the battery materials business of Swiss-based Clariant AG for US$75 million. The transaction, which is expected to complete in 2015, covers all of the assets of Clariant’s Energy Storage business including its manufacturing facility, an R&D centre and a pilot plant in Germany, together with the customer order book and a substantial IP portfolio.

McDermott Will & Emery Helps Bring New Major League Soccer Club to Los Angeles

04 Nov 2014

McDermott Will & Emery represented Los Angeles Football Club (LAFC) in its acquisition of California’s newest Major League Soccer team. The club, announced today, is the twenty-second to join Major League Soccer and will play in Los Angeles.

Ownership group LAFC will be led by celebrated entrepreneur Henry Nguyen and acclaimed sports industry veterans Peter Guber and Tom Penn.