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Matheson advises Druva on acquisition of CloudRanger

31 Aug 2018

Matheson recently advised West Coast based Druva Inc., the global leader in cloud data protection and management, on its acquisition of CloudRanger, an Irish based tech company that specializes in providing backup and disaster recovery services for Amazon Web Services Inc.’s public cloud.

Druva was advised by a team led by Corporate M&A Partner, Fergus Bolster, which included Corporate M&A Senior Associate, Enda Garvey and Tax Senior Associate, Vahan Tchrakian.

Commenting on the deal, Fergus Bolster said:

Dentons Rodyk advises HubSpot on its additional office opening at Mapletree Anson

31 Aug 2018

Dentons Rodyk is acting for HubSpot, a New York Stock Exchange-listed software products developer, on the lease of office space in Mapletree Anson, its Asia Pacific headquarters located in the central business district of Singapore.

The deal was led by Real Estate Senior Partner Woon Ee Tang with Corporate Senior Partner S. Sivanesan and Senior Associate Jean Nie Ho advising HubSpot on the corporate aspects of the transaction.

HFW ADVISES RBS AND NATWEST ON $2.2 BILLION DANAOS RESTRUCTURING

31 Aug 2018

Global, sector-focused law firm HFW has advised The Royal Bank of Scotland plc and NatWest Markets plc in connection with the US$2.2 billion debt restructuring of Danaos Corporation and its subsidiaries.

HFW advised RBS and NatWest on the maritime, finance and security aspects of the restructuring, working together with Sullivan & Cromwell, which advised RBS on the restructuring, U.S. Chapter 11 and debt-for-equity aspects of the transaction, in which certain lenders became shareholders in Danaos.

Trowers & Hamlins advises GNL on £230m multi-property refinancing

31 Aug 2018

International law firm Trowers & Hamlins has advised longstanding client Global Net Lease (GNL) on its £230 million refinancing which closed on 16 August.

The deal puts in place new debt for GNL's entire UK property portfolio, which consists of large, single-let buildings, let to anchor tenants including Amec Foster Wheeler, Harper Collins and Fujitsu on long leases.  The financing was led by Lloyds, acting as agent and arranger, with a £130m participation by PGIM Real Estate.

Morgan Lewis advises Digital Colony on Investment in Stratto

30 Aug 2018

Morgan Lewis has advised Digital Colony, a global investment firm focused on mobile and internet infrastructure, on its investment in Stratto Ltd.

Stratto is a leading provider of DAS (distributed antenna systems) and small cell networks in the United Kingdom offering in-building mobile coverage solutions. Digital Colony will become the majority shareholder in the company.

The transaction provides capital to further Stratto’s pipeline of indoor DAS network opportunities across the United Kingdom and the rest of Europe.

Matheson Advises Zavante Therapeutics on its acquisition by Nabriva Therapeutics

30 Aug 2018

Matheson recently advised San Diego based Zavante Therapeutics on its acquisition by Irish registered, NASDAQ listed, Nabriva Therapeutics plc. in a deal that involved the issuance of upfront consideration in the form of Nabriva shares.

Nabriva is a clinical stage biopharmaceutical company engaged in the research and development of novel anti-infective agents to treat serious infections.

Zavante is a biopharmaceutical company focused on developing novel therapies to improve the outcomes of hospitalized patients.

PARTNER MOVES - Jones Day welcomes Laura S. Pruitt to Financial Institutions Litigation & Regulation Practice in Washington

30 Aug 2018

The global law firm Jones Day has announced that Laura S. Pruitt has joined the Firm's Financial Institutions Litigation & Regulation Practice as a partner in its Washington Office.

Ms. Pruitt counsels clients on securities law and market regulation issues ranging from broker-dealer registration and compliance issues, alternative trading systems and equity trading, derivatives, investment adviser regulation and transfer agent, data privacy, and anti-money laundering rules.

PARTNER MOVES - Mayer Brown continues London recruitment with second leveraged finance partner appointment

30 Aug 2018

London — Mayer Brown has today that it has recruited leveraged finance lawyer, Paul Tannenbaum, as a partner in the firm's Banking & Finance practice in London. His appointment builds on Mayer Brown's ongoing investment in its bank lending and finance capabilities and follows the recent hire of Stuart Brinkworth, who joined the London office as head of the European Leveraged Finance team in June.