Milbank LLP

Milbank Global Antitrust and FDI partners Andrea Hamilton and Ajal Notowicz and associate Charl van der Merwe have authored the United Kingdom chapter in the 15th edition of Merger Control In-Depth, published by Lexology, formerly The Law Reviews. The new edition released in July 2024.    Merger Control In-Depth provides an incisive overview and analysis of the merger competition and notification regimes across key jurisdictions worldwide, as well as a discussion of recent decisions, strategic considerations and likely upcoming developments. At a potentially transformational point in competition policy enforcement and given the ability of most competition agencies with merger notification laws to delay, and even block, a transaction, it is imperative for both legal and business teams to understand the requirements of each jurisdiction involved in a transaction. Read the new United Kingdom chapter of the 15th Edition of The Merger Control In-Depth here: https://lnkd.in/eHpu9HAu

Pleased to announce that seven Asia-based partners have been named among the world’s leading practitioners in the Who's Who Legal: Southeast Asia 2024 and Who's Who Legal: Mainland China, HK & MU SAR 2024 reports. The recognized attorneys include: Andrew Whan – M&A David H. Zemans – Project Finance; Energy Giles Kennedy – Capital Markets Jacqueline Chan – Energy, M&A and Governance James Murray – Project Finance; Energy James Orme – Project Finance Neeraj Budhwani – M&A Who's Who Legal national reports are comprehensive guides to regional legal markets. They provide in-depth reports on various areas of business law, with editorial analyses pinpointing the most highly regarded firms and individuals. Learn more: https://lnkd.in/exZnR6vT

Milbank advised Oaktree Capital Management and its affiliates on a €425 million refinancing of a term loan facility to Scranton Enterprises. The Milbank team was led by Corporate Finance & Securities special counsel Varun Natteri Mangadu and Financial Restructuring partner Sinjini Saha, and included associates Diana Dai, Paavani Garg, Ryan Al-Hakim, Isabel Langlois and trainee Eamon MacDonald.   Read more: https://lnkd.in/d4tkCdNc

Milbank advised the initial purchasers on Sani/Ikos Resorts’ €350 million debut bond offering of senior secured notes. The team was led by European Leveraged Finance/Capital Markets partners Apostolos Gkoutzinis and Ana S. Grbec, and associates Melanie Probst, Abril Kang and Matteo Bonacina. Read more: https://lnkd.in/dguxQvXY

Milbank acted as English restructuring and global antitrust counsel to Roche on the completion of its acquisition of LumiraDx group’s Point of Care technology, an innovative diagnostics platform. The transaction represents an innovative use of English pre-packaged administration sales to carry out the carve-out of an entire business unit from a complex corporate group and required worldwide coordination across practice areas. The Milbank team advising Roche included partners Sarah Levin, Dr. Alexander Rinne, Andrea Hamilton and Sinjini Saha, special counsel Nicholas Crossin and Dr. Moritz Lichtenegger and associates Rajpreet Lachhar and Jan Maas. Read more: https://lnkd.in/e_38c-fj

Milbank advised Chorus Aviation Inc. on the sale of Falko Regional Aircraft Limited, together with Chorus’ equity interests in certain aircraft investment funds managed by Falko and its affiliates, to investment funds managed by HPS Investment Partners, LLC, in a transaction valued at $1.9 billion. The Milbank team was led by partners James Cameron (Transportation and Space, London) and Jordan Simpson (Corporate/Private Equity, London), alongside special counsel SIDDHARTH SHARMA (Transportation and Space, London) and Andrew Reilly (Corporate/Private Equity, London), and also included associates Amy Bradley and Eugenia Lau (Transportation and Space, London) and Michael Terry, Kate Meils, Mounir Haddad and Sophie Hofford (all Corporate/Private Equity, London). Specialist input was provided by partners Andrea Hamilton (Antitrust, London) and Alan Rafferty (Tax, London), along with associates Charl van der Merwe (Antitrust, London) and Liam Markham and Jade Du Berry (both Tax, London). Read more: https://lnkd.in/eQixXcmg

Milbank represented the financing sources in connection with L. Catterton’s €1.4 billion acquisition of KIKO. The Milbank team was led by European Leveraged Finance/Capital Markets partners Rebecca Marques, Laura Bonamis and Suhrud Mehta, with associates Cheyne Cudby, James Szauer, Katherine Williams and Matteo Bonacina and trainee Irene Vazquez Scortti. Read more: https://lnkd.in/e9KVqZvg

Milbank represented Willow Bay, Dean of the USC Annenberg School for Communication and Journalism, and Bob Iger, CEO of the Walt Disney Company, in connection with the acquisition of a controlling interest in Angel City Football Club (ACFC), the Los Angeles women’s professional soccer team. Ms. Bay and Mr. Iger will acquire the controlling stake in ACFC at an enterprise value of $250 million, making it the most valuable women’s sports team in the world and establishing a new era for investment in women’s sports. The Milbank team was led by Global Corporate/M&A partners Jason Anderson and Adam M. and included Global Corporate/M&A associates Amy Wang and Jon S. Rodriguez. The team also included Executive Compensation and Employee Benefits partner Manan Shah and summer associates Evan Karmes-Wainer and Eric Bazak. Read more: https://lnkd.in/eu6tZvR5

Milbank’s Financial Restructuring London co-head Sinjini Saha recently spoke on a panel on Cooperation Agreements, exclusively for members of the European Leveraged Finance Association (ELFA). Sinjini was joined by Jeff Dorst, Managing Director and Liability Management practice leader at Houlihan Lokey. The panel was moderated by Sabrina Fox, Chief Executive Officer of ELFA. The panel explained the concept of Cooperation Agreements, examined the pros and cons of these contracts, and discussed their use as they become more prevalent in Europe in stressed and non-stressed contexts. More information can be found here: https://lnkd.in/eZCUEP28