Law Firm News

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Law Firm News

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Thacher Proffitt & Wood LLP

Ollie Armas Elected as Chair of NYSBA Section
Ollie Armas was elected as chair of the International Law and Practice section of the New York State Bar Association, as listed in the "News Watch" section in New York Lawyer.

Associated Lawyers
Oliver J. Armas

02-15-2007

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Thacher Proffitt & Wood LLP

Ollie Armas Elected as Chair of NYSBA Section Oliver J. Armas
Ollie Armas was elected as chair of the International Law and Practice section of the New York State Bar Association, as listed in the "Personal Notes on Lawyers" section in the New York Law Journal.

Associated Lawyers
Oliver J. Armas

02-15-2007

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Taft Stettinius & Hollister LLP.

JOHN CURP APPOINTED SECRETARY OF JUDICIAL RECRUITMENT AND SCREENING COMMITTEE OF FRANKLIN COUNTY DEMOCRATIC PARTY
John P. Curp, a partner in the Columbus office of Taft, Stettinius & Hollister LLP, has been appointed secretary of the Judicial Recruitment and Screening Committee of the Franklin County Democratic Party.

Curp, a resident of Grandview Heights, graduated from Miami University with Honors and received his undergraduate degree in Business Finance. He received his law degree from the Indiana University School of Law.

Curp has a multidisciplinary business practice with an emphasis on real property, commercial transactions, land use, enterprise zone, tax issues and creditors rights. He is a member of the Ohio Bar Association, and as a member of the Columbus Bar Association, serves on the Health Care Law Committee and Government Agencies Committee.

Taft, Stettinius & Hollister LLP has offices in Columbus, Cincinnati, Cleveland, Dayton and Northern Kentucky. The firm provides a broad range of legal services to businesses and individuals, including litigation, corporate and business law, securities and municipal financing, tax and estate planning, labor and employment law, real estate and environmental, health care, intellectual property and unfair competition and antitrust law.

02-15-2007

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Simpson, Thacher & Bartlett, LLP

Simpson Thacher Advises Wachovia Bank in Adelphia Chapter 11 Case and Related Litigation
Simpson Thacher advised Wachovia Bank, National Association, in connection with the recently consummated Chapter 11 cases of Adelphia Communications Corporation and its subsidiaries. At the time of its Chapter 11 filing in June 2002, Adelphia was the fifth largest cable company in the United States. Wachovia was the Administrative Agent for the Prepetition Lenders under a $837 million senior secured credit facility. Pursuant to Adelphia's Plan of Reorganization, which went effective on February 13th, the Prepetition Lenders received payment in full and in cash of their claims for principal and accrued interest. In addition, the Prepetition Lenders received "Litigation Indemnification Funds" of varying sizes to fund the defense of multi-billion dollar litigation that the Official Committee of Unsecured Creditors of Adelphia commenced against the Prepetition Lenders in July 2003. Under the Plan, Wachovia received a $21 million "Litigation Indemnification Fund" to fund its defense of the Creditors' Committee's lawsuit. Wachovia played a key role in negotiating a settlement among various creditor constituencies that formed the basis for Adelphia's Plan, which was confirmed by the Bankruptcy Court in early January, and which the District Court authorized to go effective on February 12th. The Firm is also representing Wachovia in its defense of the Creditors' Committee's lawsuit against the Prepetition Lenders.

The Simpson Thacher team who worked on this matter included Peter Pantaleo and Elisha Graff (Bankruptcy), Bill Russell, Paul Gluckow, Ethan Litwin, Barbie Zicherman, Jeff Coviello, Rawia Ashraf and Jon Krisbergh (Litigation), and Jen Hobbs (Banking and Credit). The team received invaluable assistance from paralegals Ed Ryan, Maryann Wasserman, Tom Weiss and Christina Fox.

Lawyers:
• Rawia Ashraf
• Jeffrey Coviello
• Paul C. Gluckow
• Elisha D. Graff
• Jennifer L. Hobbs
• Jonathan P. Krisbergh
• Ethan E. Litwin
• Peter V. Pantaleo
• William T. Russell
• Barbara Zicherman

02-15-2007

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Shearman & Sterling LLP

Shearman & Sterling Represents BNP Paribas and Calyon on $1.1 Billion Water and Power Project
Shearman & Sterling represented BNP Paribas and Calyon, as mandated lead arrangers, in respect of the financing of the extension of the Taweelah A1/10 Independent Power and Water Project located in Abu Dhabi.

The Taweelah A1/10 Project is jointly owned by Suez Tractebel, Total and the Abu Dhabi Water and Electricity Authority and was originally financed in 2000.

The project to upgrade and extend this power and desalination plant raises its power generation capacity. It is also the first in this region to achieve financial close with Doosan as the Engineering Procurement Contract (EPC) constructor.

Commenting on the deal, Shearman & Sterling partner Kenneth MacRitchie said: “We are all delighted that the Taweelah A1 extension has achieved financial close. Shearman & Sterling is pleased to continue its close involvement with projects in the Abu Dhabi market, as well as for the opportunity to work with BNP Paribas and Calyon on this project.”

The team at Shearman & Sterling comprised partner Kenneth MacRitchie, counsel Gregor Page, associates Jonathan Lagan and Anna Duncan and trainee George Mullin from the firm’s London Office.

02-15-2007

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Ropes & Gray, LLP

Richard Marshall joins Ropes & Gray’s Investment Management and Securities Litigation groups
Ropes & Gray is pleased to announce that Richard D. Marshall has become a partner in the firm's Investment Management and Securities Litigation groups. Marshall will base his practice in the firm's New York office.

Marshall's extensive experience at the Securities and Exchange Commission makes him a significant addition to Ropes & Gray. Marshall was Senior Associate Regional Administrator in the New York office of the SEC, supervising a staff of 70 that inspected New York-area investment companies and investment advisers, and overseeing enforcement matters related to those entities. Marshall has also served as a branch chief in the Division of Enforcement of the SEC in Washington, D.C.

Marshall left the SEC to join K&L Gates, where he advised broker-dealers, investment advisors, and investment companies and hedge funds on business, regulatory and compliance matters. As a partner, Marshall also represented regulated entities and individuals in investigations by the SEC, states, self-regulatory organizations, and U.S. attorneys’ offices.

“Rick is a valuable addition to our team,” said Gregory D. Sheehan, the chair of Ropes & Gray's Investment Management Group. “Our clients will benefit tremendously from his extensive private-practice experience in advising broker-dealers, investment advisors and investment companies, as well as his SEC experience."

"Rick bolsters the firm's already robust practice in securities litigation and SEC enforcement actions, particularly as a part of our group in New York," added Robert S. Fischler, the co-head of Ropes & Gray's Securities & Corporate Litigation Practice Group.

Marshall is admitted to the bars of New York and the District of Columbia. A graduate of Yale University, Marshall went on to earn a master's degree from the University of Toronto. He earned his law degree from the University of Chicago Law School.

02-15-2007

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Morrison & Foerster, LLP

Morrison & Foerster Advises Police on Tube Radio Project
Lawyers from the Sourcing team in the London office of Morrison & Foerster have advised the Police Information Technology Organisation (“PITO”) on a major upgrade to PITO’s contract with O2 Airwave that will allow police officers to use their radios while operating anywhere on the London Underground.

Under the deal, O2 will link the “Airwave” network used by the police and other emergency services to London Underground's own “Connect” digital radio system, to allow police officers to have radio coverage when working in any of the Tube's tunnels and stations.

This complex transaction involved seven parties and required two separate and independent PFI contracts to be linked up in an innovative way. O2 Airwave provides the UK's secure digital communications network for emergency and public safety organisations, known as “Airwave”, which is used by all officers across police forces in Great Britain including the British Transport Police. To date, this network has only provided coverage in London Underground surface stations and cut-and-cover tunnels, but not in deep stations and tunnels across the Tube network. Independently, Citylink, a consortium of a number of telecoms providers is rolling out “Connect”, a new digital radio system for London Underground for use by London Underground personnel. Under the series of contracts now signed, the two systems will be linked together to provide coverage for police and other emergency services’ radios right across the London Underground network. Once in place, Airwave users, including police officers or ambulance crews, will have seamless radio coverage as they enter all Underground stations from above ground or when they travel on trains.

The Morrison & Foerster team was led by partner Alistair Maughan, technology procurement specialist and head of Morrison & Foerster’s Global Sourcing Group, and Reinhard Schu, a senior associate in Morrison & Foerster’s Global Sourcing Group. Mr. Maughan has been PITO’s legal adviser on the Airwave project since 1996.

02-15-2007

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