Simpson Thacher represented The Mosaic Company (“Mosaic”) (NYSE: MOS) in connection with its investment in a joint venture to produce phosphate in Saudi Arabia.
PR Newswire, Aug. 7, 2013 - Partner Rob Funsten represented Lupin Pharmaceuticals Inc. in a recent strategic licensing agreement with U.S. pharmaceutical company Romark Laboratories, L.C. The agreement grants Lupin exclusive rights to promote, distribute and market Alinia (nitazoxanide) for oral suspension in the U.S. Alinia (nitazoxanide) is the first thiazolide approved by the FDA for the treatment of diarrhea caused by Cryptosporidium and Giardia and is the only FDA-approved treatment for Cryptosporidium. Funsten was assisted by partners Hill Wellford and Brandon Bigelow.
On August 6, 2013, First Solar announced a technology partnership with GE to advance thin-film solar cells and modules. The transactions included First Solar’s acquisition of GE’s global cadmium telluride (CdTe) solar intellectual property portfolio, for which GE received 1.75 million shares of First Solar common stock. Cravath represented First Solar in connection with this transaction, which has closed.
The Cravath team included partners Erik R. Tavzel and David J. Kappos and associates Aaron D. Suh, Benjamin D. Landry and Curtis R. Weber.
Trowers & Hamlins, acting on behalf of the London Borough of Barnet, has completed the biggest service partnership in the history of local government, the One Barnet change programme. The initiative comprises two pioneering, multi-million pound contracts which will see the Council achieve significant cost savings and efficiencies and deliver an improved, seamlessly joined-up service to residents.
The public-private service partnership has been achieved through:
International law firm Simmons & Simmons has advised Mainstream Renewable Power on its joint venture with pan-emerging markets investor Actis for delivering 600 megawatts of wind and solar projects in Chile.
The joint venture is 40% owned by Mainstream and 60% by Actis. Projects developed by Mainstream will be purchased by the joint venture. Mainstream will manage construction and operation of the projects.
International law firm Clifford Chance is advising emerging markets private equity firm Actis on a joint venture with Mainstream Renewable Power, the global wind and solar developer, to establish a US$1.4 billion renewable energy platform in the Republic of Chile.
DLA Piper has advised Etihad Airways on its acquisition of 49% stake in JatAirways (which is to be renamed and rebranded Air Serbia) as part of an extensive strategic partnership between the two airlines. Etihad has also been awarded a five year management contract for the Serbian national airline, subject to regulatory approval.
The wide-ranging strategic partnership includes a fleet of next generation, brand new aircraft, and a new integrated network of international destinations that will bring significant numbers of business and leisure travellers to Serbia.
Allen & Overy is advising H.C. Starck, one of the largest companies in the global tungsten industry, on its joint venture (JV) with Nui Phao Mining Company (Nui Phao), a subsidiary of one of Vietnam’s largest private sector business groups, Masan Group Corporation (Masan Group), and developer of the largest known tungsten deposits outside of China.
On July 4 2013, the University of Grenoble PRES (Center for research and higher education) entered into the second partnership contract in its “Grenoble Innovation University” campus operation (the first contract, operation “GreEn-ER”, was signed on 20 July 2012).