Paul Hastings LLP is representing Primary Wave Music, one of the largest and most successful independent music companies in the US, in a $150 million strategic alliance with BMG, which will involve Primary Wave marketing BMG/Primary Wave’s future new record releases in the US and BMG buying significant rights in Primary Wave’s music publishing assets.
A team from Dechert LLP advised Zealand Pharma (NASDAQ OMX: ZEAL) ("Zealand") in its announced exclusive peptide drug research and development collaboration agreement with Eli Lilly and Company ("Lilly"). Under the agreement, Zealand will collaborate with Lilly in the design and development of potentially first-in-class peptide therapeutics for the treatment of Type 2 diabetes and obesity based on a novel approach discovered by Lilly. The companies will share in the funding, risk and reward of the program.
Allen & Overy Paris and Gide Loyrette Nouel advised Unibail-Rodamco and SOCRI Group in the establishment of a partnership for the development of the largest commercial center of the Côte d'Azur, Cagnes-sur-mer.
This centre will provide around a new concept of art and shopping, 75,000 m² of shops, restaurants and dedicated to art and culture spaces.
The total amount of the construction operation of the project amounts to 350 million euros.
Pinsent Masons advises The Jockey Club on Grand National and Crabbie's sponsorship deal
International law firm Pinsent Masons has advised race organiser The Jockey Club in a three-year sponsorship deal between the Grand National and Crabbie's, the alcoholic ginger beer maker.
The Wa’ad Al Shammal project is one of the largest fully-integrated green field phosphate projects in the world. Latham & Watkins represented The Saudi Arabian Mining Company (Ma’aden) in connection with the development of its US$7 billion Wa’ad Al Shammal greenfield phosphate project in Saudi Arabia and joint venture with the Mosaic Company and Saudi Basic Industries Corp. (SABIC).
Milbank, Tweed, Hadley & McCloy advised Masan Group Corporation, one of Vietnam’s largest private sector business groups, in relation to the signing of definitive agreements to establish a joint venture for the production of value-added tungsten chemicals in Vietnam. The joint venture will be between H.C. Starck, a leading worldwide manufacturer of technology metals and one of the biggest companies in the global tungsten industry, and Nui Phao Mining Company (“Nui Phao”), a subsidiary of Masan Group Corporation.
Paul, Weiss client The Lightstone Group, through its affiliate Paragon Retail, successfully completed a joint venture with Simon Property Group, the largest publicly traded REIT, to develop Eagan Premium Outlets, a retail outlet center in Eagan, Minnesota, outside Minneapolis.
The Paul Weiss team included real estate partner Peter Fisch; and tax partner Jeffrey Samuels.
McDermott Will & Emery represented Irving Oil, a privately owned regional energy and marketing company that owns and operates Canada’s largest refinery, in forming a joint venture with TransCanada to develop and construct the proposed $300 million Canaport Energy East Marine Terminal at Irving Canaport in Saint John, New Brunswick. Irving Oil will operate the Canaport Energy East Marine Terminal, which will connect the proposed $12 billion Energy East Pipeline project recently announced by TransCanada to an ice-free, deep water port.
RTL Group, the leading European entertainment network, and CBS Studios International, the leading supplier of programming to the international television marketplace, have announced plans for a partnership to launch two thematic channels in the fast-growing South East Asian markets. Dechert partner Graham Defries and senior associate James Stonehill represented CBS in this matter. Edward Lemanowicz provided tax advice.
Herbert Smith Freehills has advised Darwin based Australian Oil and Gas Limited (AOG) in relation to a farm-out to Blue Energy Limited (BUL), of nine exploration permits located in the Wiso Basin, Northern Territory, Australia, a total area of 111,887 square kilometres or 27.6 million acres.
Under the terms of the farm-in, BUL will make an upfront cash payment to cover back costs incurred by AOG and fully fund the 3-stage work program to earn a 50% equity position in the permits.