News

The October 2016 issue of the ABA Section of International Law - M&A and JV Committee Newsletter published an article by Becker Glynn's Kenneth J. Stuart called “Capital Acquisition Brokers: A New SEC Registration Category Providing Clarity and Relief for M&A Brokers”.

In connection with an earlier News item, the Firm secured in an important appellate victory for an Argentine Energy company, which was sued by a B.V.I. investment company in connection with an $80 million transaction.

Of counsel Ken Stuart was one of the speakers at the Inter-Pacific Bar Association Annual Meeting April 13-16, 2016 in Kuala Lumpur, Malaysia, participating in a program on “Outside Directors and/or Independent Directors: Diversity in Corporate Governance.”

The Firm served as international transaction counsel to International Finance Corporation (IFC), the private sector arm of the World Bank Group, in connection with a $200 million loan to Banco Itaú Chile to support the expansion of access to finance for small and medium enterprises, helping to foster the development of a key sector for the Chilean economy.

Becker Glynn represented leading high-end Italian lighting group, Flos SpA, in its acquisition of Lukas Lighting, Inc.

The Firm advised Mr. Eduardo Hochschild in connection with the approximately £65 million rights issue by Hochschild Mining plc. Hochschild Mining is listed on the London Stock Exchange and is a leading producer of precious metals, focused on the exploration, mining and processing of silver and gold in Latin America.

Lawyer Monthly speaks to Becker Glynn's Stacey A. Mesler about USA FATCA.

The Firm’s clients are family members of an individual killed in 1989 by an act of Libyan state-sponsored terrorism. On September 19, 1989, Mihai Alimanestianu, a United States national, died when the plane in which he travelled was destroyed by Libya while it flew over Niger.

The Firm served as New York counsel to International Finance Corporation (IFC) in connection with a $100 million partial credit guarantee to Brazilian bank Banco Cooperativo Sicredi S.A. (Sicredi) to support Sicredi’s lending operations to rural mid-size enterprises in Brazil.

With sadness we note that our partner David W. Schaaf passed away on October 13, 2015. His intelligence, wit and deep commitment to his clients will be missed, and we extend our sincere sympathy to his family and loved ones.

The Firm secured in an important victory for an Argentine Energy company, which was sued by a B.V.I. investment company in connection with an million transaction. The two companies considered working together to purchase a third company.

The Firm represented International Finance Corporation (IFC) in connection with a $520 million long-term financing of Pan American Energy LLC, Argentine Branch (PAE), the second largest oil and gas producer in Argentina.

The Firm obtained summary judgment from the bench in a case before Southern District judge Alvin Hellerstein on behalf its clients, a prominent Chilean couple. The couple had been sued by their former nanny for human trafficking, breach of contract, fraud, and negligent infliction of emotional distress.

The Firm served as New York counsel to DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) in connection with a $20 million loan to DS-Concept Trade Invest LLC (DS), a Delaware subsidiary specializing in the factoring business of DS-Concept International Service FZE, a Dubai company.

The Firm served as international transaction counsel to DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) in connection with (i) an approximately $33 million credit facility to Desarrollos Hoteleros de Honduras S.A. de C.V. for purposes of the development and construction of two greenfield hotels in the Republic of Honduras and (ii) an approximately $11 million credit facility to Desarrollos Hoteleros de Nicaragua, S.A. for purposes of the development and construction of a greenfield hotel in the Republic of Nicaragua.

A long-term litigation ended favorably when the federal court for the Southern District of New York entered a judgment for a Becker Glynn client in the amount of $157,921,020.29. The case began when the Swiss client was sued in New York by U.S. citizens for a variety of alleged breaches of contract.

The Firm successfully defended the dismissal of class claims brought against a domestic publicly-traded corporate client in New York State Supreme Court. The class claims sought a multi-million dollar judgment against the client on behalf of thousands of plaintiffs.

The Firm is pleased to announce that on January 1, 2014, our associate Stacey A. Mesler became a partner in the Firm.  She will continue to concentrate in tax law.

The Firm’s European client has faced years of litigation in the U.S., Switzerland, and Israel for purported breaches of complicated financial contracts.

With sadness we note that our counsel and former partner Peter Van Nuys passed away on December 13, 2013. He will be missed by the Firm and his clients, and we extend our sincere sympathy to his family and loved ones.