Baker Botts LLP represented Hines Global REIT Inc. in its purchase of a 524,130-square-foot, two-tower office property in Bellevue, Washington, from Ivanhoe Cambridge, the companies announced on Wednesday.
Private equity giant KKR & Co. has disclosed it’s been in talks with the U.S. Securities and Exchange Commission to settle issues surrounding how it doled out expenses among funds and other investment vehicles, signaling potential action in an area the SEC last year spotlighted as a special concern.
A bond trustee accused Caesars Entertainment Corp. of illegally repudiating $750 million in junior debt to ease the restructuring of its bankrupt operating unit, filing a lawsuit in New York that strikes at the heart of a carefully constructed $10 billion deleveraging strategy.
Winston & Strawn LLP has shored up its structured finance practice in New York by tapping a former partner at Pillsbury Winthrop Shaw Pittman LLP specializing in structured finance and derivatives for banks, insurance companies and asset managers, the firm announced Tuesday.
The trustee charged with digging up money for victims of Bernard Madoff's Ponzi scheme pressed a judge Thursday to order a trial against longtime Madoff family friend Stanley Shapiro for allegedly reaping $54 million in fictitious profits while turning a blind eye to the fraud.
A New York federal judge on Thursday told Louis C.K.’s production company it owed unpaid contributions to union-affiliated pension and health plans for the comedian’s work editing his hit FX series “Louie,” ruling it owed full-time contributions no matter how many hours he worked.
A senior U.S. Securities and Exchange Commission official said Thursday that the stress tests his agency plans to eventually run on the largest asset management firms won't be like the ones that banks currently undergo.
Private equity-backed broadband Internet provider HKBN has priced its Hong Kong IPO at the top of its targeted range, while bad-loan bank Huarong is mulling a Hong Kong IPO that could bring in more than $2.5 billion.
A California judge on Thursday tossed claims that Charles Schwab Corp. founder Charles R. Schwab conspired with his son to force a former business partner out of an eco-friendly real estate investment venture worth more than $25 million, ruling the plaintiff didn’t connect Schwab to the alleged fraud.
The European Union's push for unified capital markets can potentially unleash cross-border investment and revive moribund economies, but only if the body can overcome the resistance of a fragmented continent often loyally attached to local jurisdictions, experts say.
Singapore's sovereign wealth fund GIC Private Ltd. on Thursday almost doubled its minority stake in Merlin Entertainments PLC, the British operator of Madam Tussauds wax museums and dozens of other attractions, scooping up shares worth about $130 million based on recent trading.
Significantly expanding its reach in several new markets, two of SmartStop Self Storage’s real estate investment trust affiliates have picked up a $145 million property portfolio from DSI Properties Inc, according to a Wednesday announcement.
Simon Property Group Inc. reportedly wants to take over rival Macerich Co., a retail-focused real estate investment trust valued at about $13 billion, while Anschutz Entertainment Group is said to be planning a $500 million L.A. Live hotel expansion and Daimler AG reportedly chose South Carolina for a new auto plant.
U.S. prosecutors and attorneys for former SAC Capital Advisors LP manager Donald Longueuil have asked the Second Circuit to vacate a nearly $1.3 million forfeiture judgment entered in 2011, saying Longueuil likely paid too much in light of a 2012 appeals court ruling.
With plans to repay some of its outstanding debt and possibly make some new acquisitions, Apollo Commercial Real Estate Finance Inc., guided by Clifford Chance LLP, on Thursday launched an approximately $170 million stock offering underwritten by banks represented by Latham & Watkins LLP.
Pomerantz LLP will take the helm on a consolidated group of securities class actions over revelations of rampant corruption at Petroleo Brasileiro SA, working as lead counsel together with lead plaintiff Universities Superannuation Scheme Ltd., according to a short order issued Wednesday by U.S. District Judge Jed S. Rakoff.
A Texas federal judge on Tuesday appointed Bernstein Litowitz Berger & Grossmann LLP and Entwistle & Cappucci LLP as co-lead counsel in a proposed class action alleging Cobalt International Energy Inc. bribed a foreign government and made misleading statements to stock and bond investors, leading to billions in losses.
A New York broker-dealer who pled guilty to running a Ponzi scheme to finance his real estate investments was ordered to pay his alleged victims $3.8 million in restitution in federal court Tuesday.
An Illinois bankruptcy judge on Wednesday refused to dissolve a committee of junior bondholders that is spearheading opposition to Caesars Entertainment Operating Co.’s restructuring, paying no heed to the embattled gaming company’s claim that the committee is “wasteful and unnecessary.”
Willis Tower is reportedly for sale and may already have a buyer, while Google is said to have paid WebMD to move out of a New York space and REIT Essex Property Trust has reportedly paid $67 million for a Northern California apartment development site.