Puerto Rico’s new general-obligation bonds have fallen to the lowest price since their sale last month after the Government Development Bank said it hired law firm Cleary Gottlieb Steen & Hamilton LLP.
Sutherland Asbill & Brennan LLP is combining with Arbis LLP, a boutique law firm with offices in London and Geneva that features a strong energy practice, to give the U.S. firm its first international offices.
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011.
Weil, Gotshal & Manges LLP represented Lenovo Group Ltd. in its purchase of Google Inc.’s Motorola Mobility phone unit for $2.91 billion. Cleary Gottlieb Steen & Hamilton LLP advised Google on the deal.
Clifford Chance LLP, Ropes & Gray LLP and Sheppard, Mullin, Richter & Hampton LLP received preliminary approval to open law offices in South Korea following free-trade agreements with the European Union and the U.S.
Cleary Gottlieb Steen & Hamilton LLP advised OAO Rosneft, which agreed to buy TNK-BP, a 50-50 venture between BP Plc and a group of billionaires, for $54.8 billion in the third-biggest oil acquisition ever. Linklaters LLP are principal legal advisers for BP.