The firm's Rail team advises East Coast Trains Limited, a subsidiary of FirstGroup PLC, on its procurement of a new fleet of 5 x 5 car AT300 trains to be manufactured by Hitachi.
East Coast Trains has been granted open access rights to operate up to five return services per day between London King's Cross and Edinburgh on the East Coast Main Line from 2021.
Once delivered, the trains are to be leased from Beacon Rail.
Weil provided legal advice to Tacit Investment and its subsidiary on a landmark project regarding the opening of a Nobu Hotel and Restaurant in Warsaw. Nobu Hotel is slated to open in the first quarter of 2020.
Nobu is a boutique luxury brand established and managed by Robert De Niro, Meir Teper and Nobu Matsuhisa. Named one of the 25 most innovative luxury brands by Robb Report magazine, Nobu Hospitality is ranked among an elite selection of global brands and is fast expanding its luxury arm across the world.
On Monday 4 March, Travers Smith's client, the Pay.UK Group (the body responsible for the UK's retail payment systems), in conjunction with the Bank of England (the Bank), achieved a seminal milestone in delivering the UK Government's promise to further open up the UK's dynamic and fast-moving payment markets.
Clifford Chance has advised Cobra Group on the sale of 100% of Project Mula, a 493.655 MWp PV plant located in the region of Mula, Murcia (Spain), to Northleaf Stampede Infrastructure Partners and the drafting and negotiation of the engineering, procurement, construction contractual scheme. The project is the largest single PV facility in Europe.
The Clifford Chance team was led by Jose Guardo, head of the Spanish Baking and Finance practice area, and by M&A partner Samir Azzouzi, with support from associates Eduardo Sanchez, Marta Martinez and Jose Manuel Llanos.
International law firm CMS has advised Canadian public pension fund the “Public Sector Pension Investment Board” (PSP Investments) and global real estate company QuadReal Property Group (QuadReal) on the signing of its conditional agreement with Unibail-Rodamco-Westfield (URW) to form the “Cherry Park Partnership”.
The Partnership will deliver the development and management of a £670m Private Rented Sector (PRS) residential scheme, adjacent to Westfield Stratford City in London. It will be one of London’s largest single-site PRS schemes.
Hamburg – Luxcara has signed a long-term power purchase agreement (PPA) in relation to a planned solar park in Spain. The plant will be built in the municipality of Espejo, between Córdoba and Málaga, in the Andalusia region, which benefits from high levels of sunshine. It will produce around 45 MW of power a year and meet the needs of more than 20,000 households.
Willkie represents FIS in its agreement to merge with Worldpay, Inc.
WASHINGTON, DC, March 18, 2019: Morgan Lewis represented Turtle Beach Corporation (NASDAQ: HEAR), a gaming headsets and audio accessories company, in its agreement to acquire the worldwide PC peripherals business of ROCCAT GmbH, headquartered in Hamburg, Germany, for up to $19.2 million. The transaction was announced on March 14, 2019.
Partners Tony Chan and Ulrich Korth and associates Greer Longer and Matthew Cubin led the Morgan Lewis team advising Turtle Beach.
Ashurst is advising Rothschild & Co in relation to JD Sports' recommended cash offer for Footasylum, announced today. The terms of offer value the entire issued and to be issued ordinary share capital of Footasylum at up to approximately £90.1 million on a fully diluted basis.
DLA Piper represented China Ping An Insurance Overseas (Holdings) Co. Ltd. (Ping An Overseas) in entering into a definitive agreement to make an equity investment in the NASDAQ listed GDS Holdings Limited (GDS), a leading developer and operator of high-performance data centers in China. Ping An Overseas paid a subscription price of US$150 million for convertible preferred shares in GDS.