Despite troubles in Greece – and perhaps because of them — Dentons has launched a “Greek Desk” operating from the firm’s Brussels office. The goal is to provide Greek, EU, U.S. and other clients with  innovative cross-border business and legal solutions, according to the firm.

Kyiv, Ukraine, 26 August 2015 – The Kyiv and Paris offices of Baker & McKenzie acted as Ukrainian and English law counsel to the European Bank for Reconstruction and Development (EBRD) in connection with a new syndicated loan facility of up to USD 130 million for Nibulon, Ukraine’s leading grain and oilseeds trader and producer. The loan will support Nibulon in its trading activity including export sales.  Nibulon owns and operates one of the largest networks of grain handling and logistics infrastructure in Ukraine.

On The Move

Wednesday, 26 August 2015 Written by

The latest private practice and in-house moves from some of the biggest players in our markets.

Berwin Leighton Paisner (BLP) strengthens its Insurance Practice with Geraldine Quirk as a new partner. Mrs. Quirk is a market leader in in many specialist areas, and she will be focusing on supporting the existing London market as well as international insurance practice.

DLA Piper has advised PORR AG (“PORR”) on the placement of its first borrower’s note loan worth 185.5 million euros. The issue consists of four tranches with terms of three and five years – optionally with fixed or variable interest rates. The placement did not exclusively occur in the European region, but also to a large extent in Asia. Despite the current volatility of the market, interest among investors in the PORR borrower’s note loan was very high and ultimately resulted in a significant increase in volume from the original 100 million euros to 185.5 million euros. As a result, it was possible to set all four tranches of the loan at the lower end of the interest-rate band.  

DLA Piper represented Canyon-Johnson Urban Funds, one of the country's largest private real estate funds focused on developing urban properties in underserved neighborhoods, and The HYM Investment Group, a Boston-based owner, investor, developer and manager of commercial and residential real estate, in the sale of NorthPoint Development, one of the largest development projects in the Boston area.