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Corporate

Toshiba to Sell Westinghouse

22 Jan 2018

Skadden advised Toshiba Corporation on the sale of its claims against Westinghouse Electric Company LLC to Nucleus Acquisition LLC (a consortium controlled by The Baupost Group, LLC) for $2.16 billion and the sale of its Westinghouse-related shares to Brookfield WEC Holdings LLC. Skadden also assisted Toshiba with the successful negotiation and execution of a key plan support agreement with Westinghouse, its statutory unsecured creditors committee and other parties.

CMS Belgrade Advises Serbian Government on Concession Award Process for Nikola Tesla Airport

22 Jan 2018

A new operator has been selected for Serbia's largest airport. Serbia has awarded French company VINCI Airports, the fourth largest airport operator worldwide, a 25-year concession. The total value of the agreement amounts to EU 1.5 billion. CMS Belgrade supported the Serbian government in this project, which ranks among the strategically most important in the country.

Dentons advises on new documentation for the Polish WIBID and WIBOR Reference Rates

20 Jan 2018

Dentons assisted GPW Benchmark in preparing the new documentation for the WIBID (Warsaw Interbank Offer Bid Rate) and WIBOR (Warsaw Interbank Offered Rate) reference rates which will be effective as of February 1, 2018.

The documentation includes the WIBID and WIBOR Reference Rate Rules and the WIBID and WIBOR Fixing Participant Code of Conduct, which governs relations between GPW Benchmark and the banks participating in the reference rates fixing. Full documentation is available at GPW Benchmark.

Dentons advises on new documentation for the Polish WIBID and WIBOR Reference Rates

19 Jan 2018

Dentons assisted GPW Benchmark in preparing the new documentation for the WIBID (Warsaw Interbank Offer Bid Rate) and WIBOR (Warsaw Interbank Offered Rate) reference rates which will be effective as of February 1, 2018.

The documentation includes the WIBID and WIBOR Reference Rate Rules and the WIBID and WIBOR Fixing Participant Code of Conduct, which governs relations between GPW Benchmark and the banks participating in the reference rates fixing. Full documentation is available at GPW Benchmark.

Toshiba to Sell Westinghouse

19 Jan 2018

Skadden advised Toshiba Corporation on the sale of its claims against Westinghouse Electric Company LLC to Nucleus Acquisition LLC (a consortium controlled by The Baupost Group, LLC) for $2.16 billion and the sale of its Westinghouse-related shares to Brookfield WEC Holdings LLC. Skadden also assisted Toshiba with the successful negotiation and execution of a key plan support agreement with Westinghouse, its statutory unsecured creditors committee and other parties.

WFW advises Octo on car and ride sharing online platform launch

17 Jan 2018

Watson Farley & Williams (“WFW“) has advised Omoove, a fully-owned subsidiary of Octo Telematics (“Octo”), on the launch of its innovative online platform Sharemine.

Sharemine facilitates the creation and management of online car and ride sharing mobile communities. With this new project, Octo aims to help customers save on car ownership and rising insurance costs, and use telematics technology to make roads safer and more environmentally friendly.

WFW advises Octo on car and ride sharing online platform launch

16 Jan 2018

Watson Farley & Williams (“WFW“) has advised Omoove, a fully-owned subsidiary of Octo Telematics (“Octo”), on the launch of its innovative online platform Sharemine.

Sharemine facilitates the creation and management of online car and ride sharing mobile communities. With this new project, Octo aims to help customers save on car ownership and rising insurance costs, and use telematics technology to make roads safer and more environmentally friendly.