The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
This is the first high-yield debt issue this year for the London offices of Weil Gotshal & Manges and Latham & Watkins after the market dipped at the end of 2000. The deal, which was completed in just over a week, is a rerun of Petroplus' first high-yield debt offering in October last year, when it issued euro150m (£94.6m), 10.5 per cent senior notes. Lathams referred Petroplus to Weil Gotshal for that deal as it was already acting for the initial purchaser of the notes, ING Barings. Weil Gotshal US securities partner Michael Brady led both deals, but the latest transaction was documented in UK law so he was helped by local capital markets partner Erica Handling. Since the October deal Petroplus has acquired the Teeside Refinery from ICI and Phillips Petroleum, on which Weil Gotshal advised on the bridge financing. Petroplus is a midstream oil company with operations across Western Europe, with the notes being issued by its finance subsidiary Petroplus Funding and guaranteed by Petroplus via its Dutch and English operating subsidiaries.