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Corporate

King & Spalding Advises LCCG on £1.8 Billion Deal with Equitable Life

21 Jun 2018

King & Spalding’s London office represented Life Company Consolidation Group (LCCG) on its agreement with The Equitable Life Assurance Society (Equitable Life) under which it is proposed that Equitable Life and all of its business transfer to Reliance Life Limited (Reliance Life), a specialist UK run-off manager established by LCCG. The deal is reported to be valued at £1.8 billion. Equitable Life was founded in 1762 and is the world’s oldest mutual insurer.

More information can be found here.

Ashurst advises Jemena on an agreement with Senex Energy to build, own and operate the Atlas Gas Processing Plant and Pipeline

21 Jun 2018

Ashurst has advised Jemena Limited on its Gas Processing and Transport Agreement and a Project Agreement with Senex Energy to build, own and operate the Atlas Gas Processing Plant and Pipeline (AGPP).

The AGPP will connect Senex’s new ‘Atlas’ gas field in the Surat Basin in south-east Queensland with Jemena’s Darling Downs Pipeline and the Wallumbilla Gas Hub - the largest gas hub in Australia.

McDermott Advises Hookipa on Collaboration and License Agreement with Gilead

20 Jun 2018

McDermott Will & Emery has advised Hookipa Biotech AG, a Vienna based clinical-stage biotech company on entering into a research collaboration and license agreement with Gilead Sciences, Inc, the research-based biopharmaceutical company.

Under the terms of the agreement, Hookipa grants Gilead exclusive rights to Hookipa’s TheraT® and Vaxwave® arenavirus vector-based immunization technologies for two major chronic infectious disease indications, hepatitis B virus (HBV) and human immunodeficiency virus (HIV).

CDH Investments to Acquire Sirtex for US$1.4 Billion

18 Jun 2018

Hong Kong – Paul Hastings, a leading global law firm, announced today that it has advised CDH Genetech Limited (“CDH”), part of the CDH Investments group, on its agreement (together with Hong Kong-listed China Grand Pharmaceutical and Healthcare Holdings Limited (“CGP”)) to enter into a Scheme Implementation Deed with Australian-based medical device company Sirtex Medical Limited (“Sirtex”) to acquire all the issued shares of Sirtex for A$33.60 per share in cash through a Scheme of Arrangement.

Norton Rose Fulbright advises owners of Scenic World on Sydney Harbour Bridge tourism climb business

18 Jun 2018

Global law firm Norton Rose Fulbright has advised the Hammon Family on their successful tender to operate the iconic Sydney Harbour Bridge’s tourism climb business under a 20 year concession arrangement with Roads and Maritime Services (RMS). The Hammon Family fought off competing bids from other high profile attractions operators to win this landmark tender.

RTPR Allen and Overy advises sculptor Mihai Buculei on negotiations for the Great Union Monument agreement

18 Jun 2018

RTPR Allen & Overy has advised reputed sculptor Mihai Buculei on the negotiations with representatives of the Ministry of Culture and National Identity for signing the agreement, in amount of approximately RON 10 million, for the execution of the “Great Union Monument” which is to be erected in Alba Iulia for celebrating the centenary of the Great Union in 1918.

The RTPR Allen & Overy team consisted of Prof. Dr. Lucian Mihai, Of Counsel, Adriana Dobre, Senior Associate and Ana Popa (Nedelcu), Associate.

DLA Piper advises Centric Software in definitive agreement to sell majority stake to Dassault Systèmes

18 Jun 2018

DLA Piper represented Centric Software, a venture capital-backed technology platform driving digital transformation with software innovation in the fashion, apparel, luxury and retail sectors, in entering into a definitive agreement to sell a majority stake to Dassault Systèmes.

The transaction aims to accelerate the digital transformation of companies seeking solutions for the increasingly complex development of collections that respond to today's on-trend and on-demand consumers.

Schulte Represents Sports Direct International in Nomination of Four Directors to the Board of Iconix

12 Jun 2018

Schulte is representing Sports Direct International plc, one of the United Kingdom’s largest sports-goods retailers, in its nomination of four directors to the board of Iconix Brand Group Inc., a premier brand management company. Sports Direct, which operates over 750 stores across the United Kingdom, continental Europe and Asia, currently holds 9 percent of Iconix.