Law Firm News

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Law Firm News

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White & Case, LLP

White & Case in $7 Billion Saudi Telecoms Financing
The Law Office of Mohammed Al-Sheikh, in association with White & Case LLP, advised Citigroup, SAMBA, Gulf International Bank, Bank Saudi Fransi, Al Rajhi Bank, BNP Paribas, Calyon, Arab National Bank, Arab Banking Corporation and National Bank of Kuwait as Mandated Lead Arrangers in connection with two financing facilities, with a combined value in excess of $7 billion, which have been created to finance the purchase of the third mobile telecommunications licence in the Kingdom of Saudi Arabia. The licence will be purchased by Mada Leletisalat LLC, a special purpose vehicle owned by a consortium of Saudi Arabian shareholders and Mobile Telecommunications Company K.S.C. Together the facilities comprise a guarantee facility of up to nearly $5 billion and an Islamic Murabaha based facility of up to $2.5 billion.

This is the second major telecommunications Islamic financing that White & Case has advised on in the Kingdom of Saudi Arabia in the last few months. In March the Firm advised Mobily, the holder of the second Saudi mobile telecoms licence, in connection with a groundbreaking $2.875 billion Islamic financing facility, based on airtime. In a market first, this highly innovative Islamic finance instrument enabled Mobily to sell minutes of airtime to the financiers involved, before then taking on the role of agent to these banks and selling the minutes for a profit. The Mobily financing was also the largest syndicated Islamic loan to date.

"Infrastructure investment is surging across the Middle East with telecoms being a particular focus of growth. We continue to expect further telecoms financings across the region driven by strong market growth underpinned by rapidly rising consumer demand," commented White & Case partner Chris Utting.

The White & Case team advising the syndicate of lenders on the financing was led by partners Chris Utting and Craig Nethercott in London, working closely with partner Mohammed Al-Sheikh in Riyadh, associates Sidrah Arif and Edward Hills in London and associate Harj Rai in Riyadh, as well as trainee solicitor Leonie Carroll in London.

08-15-2007

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Thelen, Reid, Brown, Raysman & Steiner, LLP

Thelen Ranks 20th in 2007 "California 50"
Thelen Reid Brown Raysman & Steiner LLP has been ranked the 20th largest law firm in the state of California for 2007. The rankings appear in California Lawyer magazine’s annual “California 50” listings.

Thelen moves up two places in the 2007 list, having placed 22nd last year. Rankings are based on the numbers of attorneys in the Golden State, as of May 15, 2007, with 232 California attorneys listed for Thelen.

08-15-2007

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Thelen, Reid, Brown, Raysman & Steiner, LLP

Thelen's New York Construction Team Recognized as "Best Lawyers"
Five Thelen Reid Brown Raysman & Steiner Construction partners have been recognized by New York Magazine in its list of Best Lawyers in the New York area for 2007.

Those recognized include:

Frederick Cohen

Richard P. Dyer

Robert J. MacPherson

Allen J. Ross

Arthur C. Silverman

The annual list is excerpted from the forthcoming 2008 edition of The Best Lawyers in America and represents the top one percent of attorneys in the New York region. Lawyers are chosen for inclusion based solely on a vote from their peers.

08-15-2007

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McLane, Graf, Raulerson & Middleton Professional Association

McLane Law Firm Presents Seacoast Students with the 2007 Harvard Prize Book Award
Attorney David Wolowitz of the law firm of McLane, Graf, Raulerson & Middleton, recently presented four area high school students with the coveted Harvard Prize Book Award on behalf of the Harvard-Radcliffe Club of New Hampshire.

The Prize Book is awarded to an outstanding student in the junior class who combines excellence in scholarship, high character, and achievement in other fields. Students are nominated by their school's administration during their junior year.

This year's Seacoast area winners are upcoming seniors Elizaveta Minko of Oyster River High School; Brittany LaFleur of Dover High School; Mark Loh of Exeter High School; and Timothy Welch of Portsmouth High School. Each of the students received a copy of the book entitled, Making the Most of College: Students Speak Their Minds.

About the Students:
Elizaveta Minko of Oyster River High School is an artist, sportswoman, math tutor, and world traveler. She plays volleyball and runs track, and is currently volunteering for the Therapeutic Riding program at UNH. Elizaveta?s family frequently travels overseas and she draws in her spare time.

Brittany LaFleur of Dover High School is very involved in student leadership. In addition to being a Student Ambassador for Dover High School, she is the Secretary of both her class and the school?s chapter of the National Honor Society. Brittany serves as spokesperson for the student council and Treasurer of the Key Club. She has been accepted to the International Foreign Language Academy, and has participated in the UNH Search program. She competes in cross-country, winter and spring track, and recently returned from participating in the Boston University Summer Challenge. This summer, she is also working for Seacoast Redicare, an occupational healthcare facility in Somersworth.

Mark Loh of Exeter High School is spending his second summer at Camp Belknap in Wolfboro. He is Vice President of his class, and serves as Treasurer for both the Student Senate and his school?s chapter of the National Honor Society. Mark is a 3-sport varsity sportsman, on the soccer, basketball and track teams. In his spare time, he water skis, skis downhill, hikes and camps. He is also an Acolyte at Christ Episcopal Church in Exeter.

08-15-2007

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King & Spalding

Ralph Levy Named to RenaissanceRe Board of Directors
Ralph B. Levy, a senior partner in the business litigation practice of King & Spalding, a leading international law firm, yesterday was named to the board of directors of RenaissanceRe Holdings Ltd., a global provider of reinsurance and insurance.

Since 2000, Levy has served on the board of directors of Attorneys' Liability Assurance Society, Ltd. (ALAS), a Bermuda-based mutual insurance company which reinsures professional liability and management liability coverage of large law firms written by its U.S. subsidiary, Attorneys' Liability Assurance Society, Inc., on whose board of directors Levy also serves. He served as chairman of ALAS from 2004 through 2006 and has held leadership roles on several of its board committees.

Levy was managing partner of King & Spalding from 1993 to 1999. He received his J.D., cum laude, from the University of Pennsylvania Law School, and his B.S., cum laude, from Lehigh University. He was a lieutenant in the U.S. Navy Judge Advocate General's Corps from 1971-1974, receiving the Navy Commendation Medal, before joining King & Spalding in 1974.

08-15-2007

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King & Spalding

King & Spalding’s George Crawford Recognized as Top Lobbyist
King & Spalding Senior Government Relations Advisor George Crawford, recently received the Top Lobbyist Award for 2007 from The Hill, a newspaper written for and about the US Congress, in recognition of his outstanding professional achievement.

The award, part of the publication’s annual listing of Washington’s top lobbyists, highlights the best "hired guns" and corporate lobbyists on K Street. The list is determined through conversations with members of Congress, key aides and lobbyists themselves.

Crawford, a 24-year veteran of Capitol Hill, served as House Minority Leader Nancy Pelosi’s (D-Calif.) chief of staff, and worked for 20 years on the House Rules Committee.

In Crawford’s role as senior advisor in King & Spalding’s Public Policy and Government Advocacy practice group, he works with the firm’s clients to develop and implement strategies to achieve their legislative policy goals.

08-15-2007

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King & Spalding

Working Mother Names King & Spalding One of the Best Law Firms for Women
Working Mother magazine and Flex-Time Lawyers LLC named King & Spalding as one of the top law firms in the nation for women. The first-ever 2007 Working Mother & Flex-Time Lawyers Best Law Firms for Women list celebrates 50 firms for their work/life and women-friendly policies. The winning firms were selected based on six areas of importance: workforce profile, benefits and compensation, parental leave, child care, flexibility, and retention and advancement of women.

Highlighted in the August/September issue of Working Mother magazine, King & Spalding’s workplace benefits include flexible work arrangements, an near-site daycare facility, generous time off for parental and maternity leave, and various events for its women attorneys to meet and interact with other female professionals and to build relationships with their clients, peers and firm leadership. The firm also promotes internal networking groups for working mothers and part-time attorneys, as well as a women’s affinity group.

“King & Spalding is proud to be recognized as a great place to work, especially for women and working mothers,” said Lovita Tandy, chair of the firm’s diversity committee. “Through the development of creative and innovative programs, we assist our lawyers in balancing the demands of their careers and personal lives. Overall, we are engendering a more motivated and satisfied workforce, which ultimately benefits our clients.”

The 2007 Best Law Firms for Women award was developed in partnership between Working Mother, the authoritative source for career mothers, and Flex-Time Lawyers LLC, a national consulting firm advising attorneys and legal employers on work/life balance and the retention and advancement of women. The application for the award included detailed questions about issues that are most important to the retention and promotion of women lawyers.

08-15-2007

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