United States

Bank of China in connection with a USD465.85m loan to an international joint venture to purchase The Plaza Hotel and The Dream Downtown Hotel, two luxury hotels in New York City.

The Port Authority of New York and New Jersey in connection with its USD2bn procurement of the replacement of the Goethals Bridge.

The seven largest Canadian banks on the establishment of their covered bond programs, including RBC Capital Markets, as dealer, on the first ever registration of a covered bond program with the U.S. Securities and Exchange Commission. The new program opened the door for other non-U.S. issuers to tap into the U.S. registered market, giving them access to a new pool of U.S. investors that was previously out of reach.

The U.S. Department of Energy on five separate solar power transactions (generation and manufacturing), with independent project values of approximately USD1bn or more. The projects will be located in Arizona, California and Nevada. The Agua Caliente Solar Project in Arizona and the Crescent Dunes Solar Project in Nevada, when completed, will be the largest facilities of their kinds in the world.

 Long-time U.S. counsel to Fresenius SE &Co KGaA and Fresenius Medical Care & Co. KGaA in connection with their financing activities, including Fresenius SE’s Summer 2013 financing and TLB syndication; Fresenius SE, as borrower, in connection with its launch of a EUR1.2bn loan to fund its purchase of Rhoen-Klinikum; and on the October 2012 refinancing of Fresenius Medical Care & Co KGA’s USD3.85bn senior secured credit facilities.

Two Global Financial Services Firms separately, in multiple federal antitrust class actions involving claims of price fixing, conspiracy to monopolize, and group boycott in the credit derivatives clearing, trading and information services markets.

The Mandated Lead Arrangers on the USD4bn debt financing for Shuanghai’s USD7.1bn acquisition of Smithfield Foods, the world’s largest pork producer. This acquisition is the largest ever Chinese takeover of a U.S. company at the date of announcement.

Ernst & Young, which has been appointed as the monitor of Nortel Networks Corporation and certain affiliates in their CCAA proceedings pending before the Ontario Superior Court of Justice (Commercial List). We have commenced Chapter 15 cases in the U.S. for the Canadian affiliates and are representing Ernst & Young, as monitor, in the U.S. Chapter 11 cases. We also advised Nortel Network Corp and certain of its Canadian affiliates in connection with nine business line sales, including the record-breaking USD4.5bn sale of Nortel’s patent portfolio in a sale of assets under section 363 of the U.S. Bankruptcy Code, a deal that was awarded “M&A Deal of the Year” by IFLR Americas Awards 2012. The matter involves litigation proceedings pending in the U.S., Canada, Europe, the Middle East and Asia, as well as numerous non-debtor Nortel entities located in other jurisdictions around the world. We are actively engaged in all aspects of the numerous asset sales, complex cross-affiliate, cross-border claims resolution issues, intercreditor issues, theories and strategies relating to the allocation of more than USD7bn of asset sale proceeds, and certain employee issues. 

Targets and/or subjects of cartel investigations in the following industries: auto parts; DRAM (the European Commission’s first settled case); LCD/CRT; anti-vibration parts; navigational systems; chemical sulfates; carbon fiber; tires; food services; egg products; and art and auction houses. We have represented many of these clients in related civil and class action litigation.

 ISDA on the preparation and drafting of amendments to the 2003 ISDA Credit Derivatives Definitions. This will have the most significant impact on the global credit derivatives market since 2003 when ISDA last published a set of definitions for credit derivatives.

 International Finance Corporation, Inter-American Development Bank, Export Development Canada, Servizi Assicurativi del Commercio Estero, Brazilian Development Bank, Bancomext and Nacional Financiera, S.N.C. on the multi-billion dollar Etileno XXI petrochemical project in Mexico.

Novartis AG on its USD52bn acquisition of NYSE-listed Alcon, Inc. for a combination of cash and shares. This was the largest acquisition ever undertaken by Novartis and one of the largest transactions of any kind of 2011.

Lone Star Real Estate Funds on its winning bid and acquisition of a USD4.5bn non-performing loan (NPL) portfolio from Anglo Irish Bank. The transaction was one of the largest real estate transactions of 2011. The transaction involved the acquisition and financing of over 150 separate loans and we continue to assist Lone Star and its asset manager, Hudson Advisors, on the workout, enforcement and disposition of the assets.

JPMorgan Chase & Co. in a litigation before the United States District Court for the Southern District of New York and the Second Circuit Court of Appeals in which we won dismissal of RICO and common law claims arising from the institution’s provision of banking services to the Bernard L. Madoff firm.

Over two dozen of the world's largest non-U.S. banks on the proposed "Volcker Rule," including writing five separate comment letters to the Federal agencies on the proposal.

SAP on its USD3.4bn public acquisition of NYSE-listed cloud computing leader SuccessFactors, Inc., which is based in San Mateo, California.

GE Oil & Gas on its acquisition of the Well Support division of John Wood Group PLC (“Wood Group”) for approximately USD2.8bn.

Richard Fuld, former Chairman and CEO of Lehman Brothers, on an array of intersecting proceedings arising out of Lehman's well-publicized bankruptcy. We are representing Mr. Fuld in connection with his Congressional testimony, government and regulatory inquiries, and multiple securities and ERISA class actions.