2013.11
Mubadala, Guinea sign $5 bln bauxite, alumina deal
Abu Dhabi state-owned investment fund Mubadala has signed a $5 billion agreement with Guinea to develop a bauxite mine and alumina refinery in the West African country to secure raw material for United Arab Emirates’ aluminium plants.
Citigroup can’t block Abu Dhabi arbitration over $7.5 bln stake
A U.S. judge has rejected Citigroup Inc’s effort to block the Abu Dhabi Investment Authority from seeking a second arbitration over the sovereign wealth fund’s $7.5 billion investment in late 2007 to shore up the then-struggling bank.
Mayer Brown hires Bakers partner, promotes 5
Mayer Brown JSM has strengthened its real estate practice with the hire of Ricky Yiu from Baker & McKenzie as a partner in Hong Kong, apart from promoting five of its lawyers to its partnership in Greater China.
Weil Gotshal, OMM, Wilson Sonsini on $2.8 bln take-private bid
Weil, Gotshal & Manges, O’Melveny & Myers and Wilson Sonsini Goodrich & Rosati have advised on a $2.8 billion bid to take Chinese online game developer Giant Interactive Group Inc private.
Squire Sanders, Melli Darsa in alliance
Squire Sanders and Indonesian law firm Melli Darsa & Co (MDC) have entered into a formal strategic alliance, making the American firm the latest international outfit to enter Indonesia with a local tie-up.
Asia Appts: Spree of Dubai partner hires
Also, Amarchand bolsters its private wealth practice, and Bae, Kim & Lee welcomes back its managing partner, in our weekly Asia appointments roundup.
Dentons adds partner from Norton Rose Fulbright
Dentons has hired capital markets specialist Alex Roussos as a partner in Dubai from Norton Rose Fulbright.
New ME banking head, Dubai MP for Taylor Wessing
Taylor Wessing has welcomed back Habib Ullah, who spent the first 10 years of his career with the firm in London, as head of banking at its Dubai office. The firm has also appointed Mark Fraser as its Dubai managing partner.
Simmons lands Dentons ME disputes head
David Risbridger, previously head of dispute resolution and construction in the Middle East for Dentons, has joined Simmons & Simmons as a partner in Dubai.
BKL nabs former MP from Apex LLC
Korean law firm Bae, Kim & Lee has hired Jong Baek Park, former managing partner of Apex LLC, as a partner in Seoul.