On March 26, 2012 the U.S. Supreme Court rendered a unanimous decision in favor of Kirkland & Ellis client Morgan Stanley and other major underwriters in Credit Suisse v. Simmonds. The decision marks Kirkland's third victory at the Supreme Court in the past year in high-profile matters with significant implications for the American business community.
Hogan Lovells advised mandated lead arrangers HSBC and RBS in relation to the senior debt facilities for Duke Street Capital's acquisition of L.M. Funerals from Sovereign Capital. L.M. Funerals is one of the country's largest independent funeral services providers with over 60 branches across the UK. In addition to senior debt provided by HSBC and RBS, the transaction also saw Babson Capital, Metric Capital Partners and Alcentra provide mezzanine and PIK facilities and co-invest alongside Duke...
International law firm Freshfields Bruckhaus Deringer is advising SouthGobi Resources Ltd, a premium coal production and development company, in relation to the proposed proportional takeover bid by Aluminium Corporation of China (Chalco) for up to 60% of SouthGobi and a Cooperation Agreement entered into between SouthGobi and Chalco.