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Schulte Advises Endicott in Strategic Investment Into Bank Leumi USA

30 Jan 2018

Schulte advised Endicott Management Company, a leading New York City investment firm primarily focused on equity investments in banks, in the strategic investment in Bank Leumi le-Israel Corporation, a U.S. bank holding company. The investment, which involves Bank Leumi le-Israel B.M.'s  sale of the shares it holds in Bank Leumi le-Israel, is being led by Endicott and includes MSD Capital LP, and totals a 15 percent stake in Bank Leumi le-Israel. The 15 percent is valued at approximately $141 million.

Schulte Advises Murray Energy in Acquisition of Armstrong Energy

30 Jan 2018

Schulte advised Murray Energy Corporation and its affiliates as buyers in the Chapter 11 case of Armstrong Energy Inc. Part of a restructuring plan, the acquisition contemplates the formation of a new company with Armstrong's existing secured bondholders. Pending  approval by the bankruptcy court, the new company will produce low-chlorine, high-sulfur thermal coal and manages coal preparation and shipment facilities.

WFW advises on Q-Energy bond issue for the refinancing of two Spanish photovoltaic plants

30 Jan 2018

Watson Farley & Williams (“WFW”) advised Banco Santander as lender on a €37.750m bond issue by Q-Energy for the refinancing of two photovoltaic plants with a total capacity of 7.1 MW located in Leon and Cordoba, Spain. With this third bonds issue, Q-Energy becomes the platform of reference for renewables project bonds issues in Spain.

The bonds issued are subject to Spanish law, and were subscribed by institutional investors through a private placement and traded on the “Quotation Board” of the Frankfurt Stock Exchange.

WFW advises HSH Nordbank on financing of two photovoltaic plants in France

30 Jan 2018

Watson Farley & Williams (“WFW”) has advised HSH Nordbank AG on the implementation of and related negotiations for the financing of the construction, development and operation of two photovoltaic plants in France with an overall capacity of 18.58 MW. The firm also led on the preliminary due diligence review and the negotiation of project contracts.

WFW advises Saffron Energy on Italian oil & gas portfolio acquisitions and institutional cornerstone investment and placing to raise £14m

30 Jan 2018

Watson Farley & Williams (“WFW”) has advised AIM-traded Saffron Energy Plc (“Saffron Energy”) on its agreements to acquire the Italian oil & gas portfolios of each of Sound Energy Plc, listed on AIM (“Sound Energy”) and Po Valley Energy Ltd, listed on ASX (“Po Valley”).

Social Worker Kills Herself Hours After Telling Mental Health Staff They’d Let Her Down

30 Jan 2018

A young social worker who warned doctors that she felt suicidal was allowed to leave a secure ward to go and take her own life.

A talented singer, Charlotte Faux took her life on the same day that she had told staff she genuinely wanted to die.

Charlotte wrote a moving letter outlining her desire to end her life and the failures in her care that she perceived, and yet staff at Edgware Community Hospital let the “bright and intelligent” 26-year-old out hours later and she tragically ended her life.

Felix Capital has been advised by Taylor Wessing on its USD 8.5 million Series A investment in Highsnobiety

30 Jan 2018

Influential streetwear and youth culture title Highsnobiety has raised an $8.5 million Series A round led by London-based venture firm Felix Capital. The investment will go into investing in new technology and digital media in niche verticals, from sneakers to music, the capturing of more extensive data and analytics as well as into the world of curated editorial and long-form video. The international law firm Taylor Wessing advised Felix Capital on all legal aspects of the financing.

King & Wood Mallesons advises Nexxus Iberia on the closing of Nexxus Iberia Private Equity Fund I

30 Jan 2018

King & Wood Mallesons (KWM) advised Nexxus Iberia on the closing of its new private equity fund, Nexxus Iberia Private Equity Fund I, with €130 million in capital commitments, out of a target size of €200 million. The limited partners of the fund at the first closing include institutional investors, as well as high net worth investors and family offices from Mexico and Spain.

King & Wood Mallesons advises renowned AI startup Horizon Robotics on its over US$100 million Series A+ preferred equity financing

30 Jan 2018

In December 2017, King & Wood Mallesons (“KWM”) advised Beijing Horizon Robotics Technology Research and Development Co., Ltd. (“Horizon Robotics”) on its successful series A+ financing. This preferred equity financing raised approximately US$100 million. Although Horizon Robotics was only established two years ago, it has achieved extraordinary growth in its business valuation and has strengthened its competitive edge in the artificial intelligence (“AI”) industry as a result of this transaction.