CMS in Kyiv has successfully advised Shell on the first production sharing agreement (PSA) for unconventional gas in Ukraine, which was signed on the sidelines of the World Economic Forum on Thursday, 24 January, between Shell, Nadra Yuzivska LLC and the Government of Ukraine.

Shell and its partner will explore and appraise hydrocarbon plays they have identified and specifically the tight gas potential of the Yuzivska area. The Yuzivska area covers approximately 7,800 square kilometres in the Kharkiv and Donetsk regions of Ukraine.

Field Fisher Waterhouse LLP has advised Telenet, a leading provider of broadband cable services on its successful bid to acquire the Premier League broadcasting rights in Belgium.

Telenet provides cable television, high speed internet and telecom services, primarily to residential customers in Flanders and Brussels.  Telenet is currently a Premier League rights holder and has been awarded the exclusive audio visual broadcast rights for a further three years.  This covers all 380 Barclays Premier League matches for seasons 2013/14–2015/16 in Belgium.

The Charles Russell Sports group advised Brighton on its signing of Almeria striker Leonardo Ulloa.  The 26-year-old Argentine has signed a four-and-a-half year contract with the Championship club. Ulloa, who scored 29 goals for the Spanish second division side last season and represented a major acquisition for the ambitious Championship club.

Olswang has acted for leading TV drama producers Greg Brenman and Roanna Benn on the foundation of Drama Republic Ltd., the pair's new London based production company, for which a first-look distribution deal with BBC Worldwide has been agreed.

At Drama Republic, Brenman and Benn will specialise in high-end TV drama with international appeal.  Drama Republic's knowledge of the international market place, tax rebate production opportunities and strong worldwide broadcaster relationships, will give Drama Republic a formidable position in the international arena.

Watson, Farley & Williams (“WFW”), a leading international law firm, is advising Jiangsu Zongyi Co. Ltd, creditor, on the insolvency proceedings of Ecoware SpA, a Padua-based company (Northern Italy), specialising in the construction PV plants and fully owned and controlled by Aion Renewables (former Kerself).

The WFW team is led by partners Elvezio Santarelli and Eugenio Tranchino. They are assisted by associates Federico Fabiano, Andrea Ceschina and Fabio Solimene.

http://www.wfw.com/news/news668.html

Taylor Wessing has recently acted on a pro bono basis for Zip Zap Charity, a newly formed charity which will aim to advance the education of young people on the subject of HIV and to promote social inclusion by preventing misplaced stigma associated with the disease.

Ashurst Hong Kong has advised Peak Reinsurance Company Limited ("Peak Re") on its formation and the grant of its insurance licence by the Office of the Commissioner of Insurance.
 
Peak Re is now licensed in Hong Kong as a general reinsurer with a focus on the Asia Pacific region. With initial capital of USD 550 million, the company is 85.1% owned by Fosun International Limited and 14.9% owned by International Financial Corporation.
 

Burges Salmon has advised the Competition Commission on the corporate aspects of the sale of Stansted Airport for £1.5bn in cash. 

The sale to Manchester Airports Group was announced on 18 January 2013.  The sale price is 15.6 times 2012 earnings before interest, tax, depreciation and amortisation and the transaction is expected to be completed by the end of February 2013.  

Global law firm Eversheds has advised the Highways Agency on amendments to the M25 Design, Build, Finance and Operate (DBFO) Contract, helping to secure improvements for the UK motorway valued at £321m.

Olswang has acted for long-standing client QSoft Consulting in a transaction to transfer its Gaydar Radio DAB Broadcasting licenses to Gaydio, the UK's first FM gay radio station.