Slaughter & May and Latham & Watkins LLP advised Thomas Cook Group Plc, the 172-year-old tour operator that required an emergency loan 18 months ago, on plans to raise 1.6 billion pounds ($2.4 billion) to restructure its borrowings as it cuts jobs and closes stores to pare costs.
With two schools near a plant storing ammonium nitrate -- the fertilizer used in the Oklahoma City bombing -- West, Texas, Superintendent Marty Crawford said he had always worried about an explosion like the one that happened last week.
Seyfarth Shaw LLP will open an office in Shanghai this summer, giving the firm its first office in Asia. China practitioner Wan Li, who recently joined the firm from DLA Piper LLP, will be the chief representative and managing partner of Seyfarth’s Shanghai office.
Casino companies in Macau, the world’s biggest gambling hub, will gain from expanding family entertainment as the city seeks to become China’s top leisure spot, said Templeton Emerging Markets Group’s Mark Mobius.
Poor U.S. Secretary of State John Kerry. Shortly after he announced that the U.S., as part of an effort to jump-start the Israeli-Palestinian peace process, would work to promote the Palestinian economy, their prime minister and well-respected chief economic guru Salam Fayyad resigned.