Simmons & Simmons has today announced the appointment of Satyen Dhana, Competition partner, to join its EU, Competition and Regulatory practice in London.
Satyen joins from CMS where he was partner. Satyen’s arrival further strengthens Simmons & Simmons' competition law offering.
The firm has announced the opening of an office in Boston, along with the hire of veteran Ropes and Gray trial lawyer Harvey Wolkoff. The firm is opening the office primarily to serve the large technology and financial service industries in Boston. Intellectual property and financial services litigation are the firm’s two largest practice areas. Partners Steven Cherny, Patrick Curran, and Sandra Bresnick are relocating from the firm’s New York office to open the office with Mr. Wolkoff. Mr.
Allen & Overy LLP has advised alstria office REIT-AG on its capital increase raising gross proceeds of approximately EUR 193 million. The 15,323,121 new shares (10% of the company’s registered pre-transaction share capital) from alstria office REIT-AG’s authorized capital have been placed under exclusion of statutory preemptive rights with German and international institutional investors in an accelerated bookbuilding procedure at a price of EUR 12.60 per share.
International law firm Bird & Bird has advised Speedcast International Limited (ASX: SDA) on a 10 year agreement valued at up to A$184 million to supply managed satellite services to NBN Co Limited (nbn). It also advised Speedcast on the agreements with Gilat Satellite Networks (NASDAQ:GILT) to supply the underlying platform.
Thomas Jones, a Partner in Bird & Bird's Sydney office, led the legal team advising Speedcast on this ground-breaking transaction, with support from Michael Stojanovic (Senior Associate).
Burges Salmon advised HSBC Bank and Bank Leumi (UK) on funding for £125m revolving credit facility to Audley Group.
Burges Salmon has advised HSBC Bank and Bank Leumi (UK) on a £125m revolving credit facility to Audley Group to refinance existing facilities with AIG, Bank Leumi and Coutts and to fund existing and future developments of Audley Group's retirement villages.
Charles Russell Speechlys has advised a private investor on its disposal of 5 Chancery Lane, London. The property was exchanged for a consideration of £76 million.
The property comprises over 80,000 sq ft of office and ancillary accommodation which is fully let to law firm Lewis Silkin on a lease expiring in March 2023.
DLA Piper has advised LabTech Investments Ltd, a technology and property co-working company, on the acquisition of the freehold of BUPA House, WC1.
This acquisition follows the announcement in October that it would be developing its Bloomsbury portfolio to create co-working spaces for SME businesses. BUPA House is situated next to a large existing holding in the Holborn area, which was purchased by Lab Tech Investments in September 2016 for approximately £300 million.
Global law firm DLA Piper has advised leading real estate investment firm Harrison Real Estate Capital LLC, on its joint venture with Crosslane Property Group UK, a real estate company specialising in purpose built student accommodation (PBSA) across the UK and Continental Europe.
The JV will jointly develop four student accommodation properties totalling 1,267 beds in Leeds, Coventry, Portsmouth and Swansea.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the Egyptian Refining Company (Takrir) S.A.E. (‘ERC’), the company behind the development of Egypt’s largest oil refinery, on the settlement of a deal with the construction joint-venture working on the refinery that will fund a series of delays to the project and allow construction to move forwards. The construction joint-venture comprises of GS Engineering & Construction Corporation and Mitsui & Co., Ltd.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the Egyptian Refining Company (Takrir) S.A.E. (‘ERC’), the company behind the development of Egypt’s largest oil refinery, on the settlement of a deal with the construction joint-venture working on the refinery that will fund a series of delays to the project and allow construction to move forwards. The construction joint-venture comprises of GS Engineering & Construction Corporation and Mitsui & Co., Ltd.