Clifford Chance advised ABN AMRO and Rabobank on structuring and documenting a new type of Dutch law governed bank bonds, called 'senior non-preferred notes'.  The bond documentation has been integrated in each of ABN AMRO's and Rabobank's existing debt funding programme infrastructure. With the option to issue senior non-preferred notes, both banks are anticipating the entry into the force of a new law implementing the EU Bank Creditor Hierarchy Directive and amending the Dutch bankruptcy act – expected later this year.

The first and so far the only German sovereign wealth fund, which was set up to finance nuclear waste disposal and has assets under management totalling EUR 24 billion (the "Entsorgungsfonds"), has instructed Clifford Chance to provide comprehensive legal advice.
The Firm had already been commissioned to advise on the legal structuring of the waste disposal fund in the initial phase, having successfully been selected from among a number of high-profile competitors.

A&O represented Goldman Sachs and UBS on the offering by EMI of USD350m 7.625% senior notes due 2024.

Debevoise & Plimpton LLP has advised Advantage Partners on the formation of its inaugural Asia fund, with total commitments of $380 million.

The fund attracted a diverse set of existing and new investors, including leading Japanese corporations, banks, family offices, global funds of funds and pension funds.

Mishcon de Reya has recruited the Founding Partner of Davis & Co, Mark Davis, along with a team from the firm including an Associate and Trainee Solicitors. Mark and the team join the firm today, 23 April.

An experienced litigator, Mark was formerly a partner at Watson, Farley & Williams, where he was one of three elected members on the firm’s Management Committee. He went on to set up Curtis Davis Garrard with two colleagues before founding his own firm, Davis & Co, in 2003.

Kirkland & Ellis LLP is pleased to announce that Ranesh Ramanathan has joined the Firm as a corporate partner in the Boston office. He will focus on debt finance, distressed/special situations, alternative investments and credit fund transactions.  

Sophie joins from Abbiss Cadres LLP, a specialist, multi-disciplinary HR-focused firm, having previously spent 13 years at CMS Cameron McKenna Nabarro Olswang LLP (CMS).

DWF has announced further growth of its Australian arm with the appointments of eight senior hires and the opening of a new office in Newcastle, New South Wales.

Dentons continues to expand its IP offering for clients with the appointment of two senior IP lawyers in Melbourne; Joy Atacador and Roanne De Menezes.