BEITEN BURKHARDT has advised both the cooperative society for building material and construction markets operating in the Canary Islands Coarco and Coferdroza, a purchasing cooperative operating in mainland Spain, within the framework of starting a cooperation with hagebau Handelsgesellschaft für Baustoffe mbH & Co. KG.
Herbert Smith Freehills has advised Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, on the formation of a leading London-based wholesale specialist insurance broking firm with Miller Insurance Services LLP.
Willis and Miller have reached the agreement to combine the firms' respective wholesale businesses to trade under the Miller brand, managed, governed and regulated as a standalone legal entity and separate Lloyd's broker.
A Dacheng team led by capital markets senior partner Du Qingchun was retained as legal advisor for NCF Credit Co., Ltd. (“NCF Credit”) to advise it on the application for personal credit investigation business license and permit for expanding into personal credit investigation business.
Clifford Chance has advised the shareholders of Indonesian logistics services provider, PT Puninar Saranaraya (Puninar Logistics), on the formation of a joint venture with KLN Singapore, a wholly owned subsidiary of Kerry Logistics Network.
Norton Rose Fulbright has advised Eco World Investment Co Ltd on a joint venture with Ballymore, to bring forward three large scale London residential development opportunities.
The three projects are Phase 2 of Ballymore’s Embassy Gardens scheme in Nine Elms, Arrowhead Quay in the London Dockland and Phase 2 of London City Island on the River Lea peninsular, opposite the O2 Arena.
Ashurst is advising GDF SUEZ, Mitsubishi Corporation and NYK on the development of their global joint venture relating to the supply of liquefied natural gas (LNG) as fuel for the shipping industry.
Watson Farley & Williams (“WFW”) has advised Reliance Industries Limited (“Reliance”) of India on the commercial arrangements entered into between Reliance and Mitsui O.S.K. Lines, Ltd (“MOL”) of Japan, in relation to the transportation of liquefied ethane from the US to India.
Roschier advised Livförsäkringsaktiebolaget Skandia in the creation of a joint venture with Vattenfall AB (publ) established for the purpose of investing approx. SEK 2 billion in four wind farms in Sweden with a total capacity of 141 MW. The farms will be run by a jointly owned company.
This is the first time a Swedish insurance company made a direct investment in the construction of new Swedish wind power. The co-operation also enables a faster build out of a sustainable energy system.
Castren & Snellman are acting as the legal advisor to Tornator Oyj in the establishment of a joint venture for wind power with NV Nordisk Vindkraft OY. The purpose of the joint venture is to develop wind power projects in Finland. The joint venture will build on Tornator’s strong local expertise and networks , while Nordisk Vindkraft will contribute technical, engineering and commercial expertise to project development. The initial portfolio comprises six projects with a potential of around 200 wind turbines, located mainly on Tornator’s land.
BEITEN BURKHARDT has provided advice to Kauri CAB Management GmbH (KCM) and Apeiron Capital, London/Stockholm on the structuring and financing of an international real estate joint venture with an internationally operating state fund.
BEITEN BURKHARDT has then assisted with the acquisition and financing of the first portfolio of 61 mainly residential buildings with some 120,000 square meters leasable area in Berlin/Brandenburg (70 percent) and Magdeburg (30 percent) for a purchase price of EUR 130m.