Global law firm Reed Smith has helped Capita Asset Services (UK) Limited, on the restructuring of an approximate £76 million loan for a prime office block in the City, London.

The Reed Smith team, led by partner Leon Stephenson, started working on the restructuring for Mitre House, occupied by CMS Cameron McKenna, over a year ago when the loan went into payment default. The loan had been securitised and was one of the Eagle Office Portfolio Loans held by the CMBS issuer Cornerstone Titan 2005-1.

Paul Hastings represented private equity firm Ventura Capital Privado, S.A. de C.V in its successful takeover of Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO), a facilities-based telecommunications provider. The takeover, led by Ventura on behalf of a group of investors, was accomplished through a simultaneous public tender offer for the shares of Maxcom in Mexico and an SEC registered tender offer in the U.S.

International law firm Freshfields Bruckhaus Deringer has advised NIBC Bank on the successful restructuring and placement of a £620.6m Infrastructure Collateralised Loan Obligation (CLO) with a UK life insurance group. This unique arrangement is a market-leading example of banks and institutional investors co-operating to achieve long-term financing solutions.

The CLO is backed by UK Sterling loans to operational public-private partnership projects in the UK originated by NIBC. Headquartered in The Hague, NIBC also has offices in Brussels, Frankfurt and London.

Hogan Lovells has advised the general partner of Trophy Property Development L.P. (the "Fund" or "Trophy Property") on a restructuring of the Fund's underlying real estate assets in China, and its internal management (the "Restructuring").

Bird & Bird today announces that it has been advising special administrators, Andrew Andronikou and Peter Kubik of UHY Hacker Young on the special administration of London-based stock brokerage, City Equities Limited, which falls within the definition of "investment bank" under the Investment Bank Special Administration Regulations 2011.

Clifford Chance advised Hypothekenbank Frankfurt AG (former Eurohypo Aktiengesellschaft) on the restructuring of the financing of Treveria F portfolio and Treveria K portfolio ("Silo F/K") amounting to EUR 396 million.

The portfolios with borrowers from Germany, Luxembourg and The Netherlands comprise almost 130 single properties. The restructuring includes a detailed plan for the sale of the properties.

Paul Hastings LLP, a leading global law firm, is representing the Furniture Brands International (NYSE: FBN), a world leader in designing, manufacturing, sourcing and retailing home furnishings, in connection with voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

Davis Polk is advising Duke Street in connection with the restructuring of Biomnis Group. In an out-of-court agreement, Duke Street, the majority shareholder of Biomnis, agreed to sell control of the Biomnis Group in connection with the restructuring of Biomnis Group’s debt, which includes a new contribution of approximately €20 million by Axa Private Equity, Partners Group and Duke Street.

International law firm Freshfields Bruckhaus Deringer has advised Kodak Limited on a restructuring deal to settle its liabilities in relation to its UK defined benefit pension scheme, the Kodak Pension Plan (KPP), thereby supporting Kodak Limited’s parent company, Eastman Kodak Company (EKC), in successfully emerging from Chapter 11.

Mayer Brown, a global leading law firm, today announced The Vietnam Shipbuilding Industry Group ("Vinashin"), a Vietnamese government-owned company registered in Vietnam, yesterday successfully applied to the High Court for sanction of a scheme of arrangement with certain of its creditors pursuant to a US$600 million facility.