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.
Herbert Smith advised BNP Paribas and Standard Chartered Bank as lenders of a $1bn (£529.68m) bridge facility to Addax Petroleum Corporation. The firm also advised Merrill Lynch, the lead underwriter on the C$354m (£167.4m) public offering of Addax shares. The bridge facility and share offer will be used to finance Addax's acquisition of Pan-Ocean Energy Corporation, and to refinance existing debt at Addax and the target company. The Herbert Smith team was led by acquisition finance partner Ian Yeo. Canadian firm Fasken Martineau and Paul Hastings Janofsky & Walker advised Addax. Carey Olsen advised the banks on Jersey law, and Etude Gilbert Noel advised them on Mauritian law. Earlier this year, Herbert Smith also advised Merrill Lynch as lead underwriter on the C$40m (£18.92m) Addax Petroleum IPO - the largest Canadian IPO since 2004.