Credentials

Corporate

  • British Sky Broadcasting Group plc on News Corporation's proposed £7.8 billion possible offer
  • Arriva on the recommended £1.585 billion takeover offer from Deutsche Bahn AG, the German state-owned transport and logistics group
  • Bharti Airtel on its $10.7 billion (£6.8 billion) acquisition of the African businesses of Kuwaiti telecoms group Zain
  • Credit Suisse, HSBC and J.P. Morgan Cazenove on Prudential's proposed US$21 billion rights issue in connection with the intended US$35.5 billion acquisition of AIG's Asian operations
  • Lazard, Citi, Deutsche Bank and Centerview Partners on Kraft's £11.9 billion recommended bid for Cadbury

Dispute resolution

  • BSkyB on its successful claim against EDS for deceit, negligent misrepresentation and breach of contract
  • Chevron on all aspects of civil and criminal proceedings arising out of the explosion at the Buncefield terminal. The claims have been brought by some 4,000 claimants for damages and in total they exceed £1 billion
  • Mabey & Johnson in connection with the SFO's landmark prosecution of the bridge manufacturer for corruption offences and sanctions violations
  • Qatari Diar in its dispute with CPC Group Limited in relation to a project to develop the former Chelsea Barracks site in West London
  • Stagecoach South Western Trains Limited in an arbitration brought under the RIDR Rules against the Secretary of State for Transport

Finance

  • an informal steering committee of the senior noteholders in the Fleet Street Finance Two PLC CMBS in the restructuring of EUR1.2 billion of senior debt secured on a large portfolio of German property occupied by the Karstadt and Quelle department stores
  • Credit Suisse, J.P. Morgan Cazenove and HSBC on the financing of UK life insurer Prudential's deal to buy the Asian operations of AIG for US$35.5 billion in cash and shares
  • Standard Chartered Bank and IFC on the provision of a new US$750 million borrowing base facility to Cairn Energy Hydrocarbons Limited, the first major reserve-based lending facility to be underwritten by a single bank rather than financed on a club basis since the start of the financial crisis
  • Tata Motors Limited/JaguarLandRover Limited on a new US$1 billion financing to JaguarLandRover Limited, guaranteed by Tata Motors Limited, as part of the refinancing of the US$3 billion acquisition of Jaguar Cars and Land Rover by Tata Motors

Real estate

  • The Carlyle Group on its acquisition of a number of buildings in the White Tower portfolio for £671 million. The buildings acquired comprise six landmark central London properties, which were formerly part of the portfolio securing the White Tower 2006-3 CMBS – an Irish-listed special purpose vehicle owned by Simon Halabi until it was put into administration and managed by CB Richard Ellis Loan Servicing. The properties total in excess of 1.6 million square feet and generate over £62 million in rental incomes each year
  • British Airport Authorities (BAA) on the sale of a 50% stake in the Airport Property Partnership to SEGRO for £244 million
  • a Middle Eastern Investment Company on its acquisition of the grade-II listed US Embassy building in Grosvenor Square, London W1 for in excess of £300 million
  • Obrascon Huarte Lain, Dragados SA, Soares da Costa and Michael McNamara (Civil Engineering) Limited advising a contractual joint venture on their bid for the construction of the new Dublin Metro North. The project will be procured as a public private partnership with the Irish Railway Procurement Agency and will serve an 18 kilometre corridor from Belinstown to the north of Dublin to St Stephen's Green (in the city centre) via Dublin Airport. The metro will run underground beneath the city and once completed is expected to carry 34 million passengers per year
  • UKCMRI a consortium comprising Cancer Research UK, University College London, the Medical Research Council and the Wellcome Trust to advise a UK consortium proposing to build a state-of-the art biomedical medical research centre in central London. The project is intended to create a world class research centre to tackle some of the biggest medical challenges facing the 21st century and is due to open in 2014

Competition

  • BAA on the Competition Commission's market investigation into UK airports markets and its successful appeal to the Competition Appeal Tribunal
  • EDF on the complex competition and regulatory aspects of its £12.5 billion recommended takeover of British Energy Group and on the disposal of a stake in British Energy Group to Centrica
  • JJB Sports on its leniency application to the OFT in relation to a suspected agreement or concerted practice to dampen competition in the sports retail market
  • Pilkington on the European Commission's investigation into alleged cartel conduct in the flat glass and car glass sectors and an appeal to the EU General Court
  • Virgin Atlantic on the OFT's ongoing criminal and civil investigations into long-haul passenger fuel surcharges

Employment, pensions and incentives

  • De La Rue on the introduction of new hybrid benefit structure and mortality risk sharing mechanisms
  • EDF on the employment, pensions and incentives aspects of its £12.5 billion takeover of British Energy
  • Ernst & Young as administrators of Nortel Networks UK Limited (in administration) on the employment and pensions issues arising from the administration of more than 30 subsidiaries in EMEA
  • UBS in the widely reported case against Vestra and certain former employees resulting in new law on the circumstances in which "springboard injunctions" can be obtained to protect employers in the face of mass resignations by employees
  • Yell on the incentives aspects of its £660 million refinancing involving 12 employee share plans in a number of jurisdictions worldwide

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