NautaDutilh

MCDERMOTT ANNOUNCES COMPLETION OF TRANSACTION SUPPORT AGREEMENT AND AMENDMENT & EXTENSION OF CREDIT FACILITIES

Retrieved on: 
Tuesday, March 26, 2024
Letter, Growth, Part, Alvarez and Marsal, McDermott International, LLP, McKelvy, CB, Credit, NautaDutilh, TSA, Kirkland & Ellis, Cryptocurrency

HOUSTON, March 26, 2024 /PRNewswire/ -- McDermott International, Ltd ("McDermott" or the "Company") today announced that it has completed the transactions contemplated by the Transaction Support Agreement ("TSA"), including the successful conclusion of the interrelated Dutch and UK legal processes that support the TSA, full resolution of the Reficar arbitration award related liabilities, and the amendment and extension of McDermott's letter of credit and term loan facilities.

Key Points: 
  • As reported in September 2023, the Transaction Support Agreement reflects strong support of the Company's owners and lenders; extends McDermott's letter of credit and term loan facilities for three years, until mid-2027; and resets McDermott's capital structure for long-term growth and success.
  • Following that, on March 22, the U.S. Court recognized the Dutch and UK rulings pursuant to Chapter 15.
  • We have completed the legal processes and the transactions contemplated by the Transaction Support Agreement smoothly and effectively.
  • Kirkland & Ellis LLP and NautaDutilh served as legal counsel to McDermott; Credit Suisse/UBS served as the Company's financial advisor; and Alvarez & Marsal served as restructuring advisor.

AIT Worldwide Logistics plans to increase global footprint with Lubbers Logistics Group acquisition

Retrieved on: 
Friday, November 17, 2023
Trucking, Maritime, Air, Transport, Logistics, Supply Chain Management, Other Transport, Acquisition, Kirkland & Ellis, Multimedia, NautaDutilh, AIT, Ruud Lubbers

AIT Worldwide Logistics, a leading provider of global supply chain solutions, has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specializing in high-value, complex, and time-sensitive transport services.

Key Points: 
  • AIT Worldwide Logistics, a leading provider of global supply chain solutions, has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specializing in high-value, complex, and time-sensitive transport services.
  • View the full release here: https://www.businesswire.com/news/home/20231117643474/en/
    Once the acquisition of Lubbers is finalized, more than 350 new teammates in 18 offices will join AIT's European network.
  • “Joining forces with AIT Worldwide Logistics is a strategic move that will allow us to continue providing exceptional service to our clients while expanding our reach on a global scale,” said Lubbers’ CEO, Gary Roche.
  • Kirkland & Ellis LLP and NautaDutilh N.V. are both serving as legal counsel to AIT on the acquisition.

Apollo to provide up to EUR 1.5 billion High Grade Capital Solution to an Air France-KLM operating affiliate supported by commercial partner contracts of its Flying Blue loyalty program

Retrieved on: 
Thursday, October 26, 2023
Slate, Deutsche Bank, Milbank, Insurance, Real estate, APO, NYSE, Transport, NautaDutilh, Air France, Public utility, Skadden, Arps, Slate, Meagher & Flom, Aviation, PAR, Atmosphere of Earth, Latham & Watkins, Air France–KLM, KLM, TMT, Airline, Barclays

Air France-KLM has committed to spend €100 million in sustainable aviation fuel over the next four years.

Key Points: 
  • Air France-KLM has committed to spend €100 million in sustainable aviation fuel over the next four years.
  • The inaugural European loyalty program financing transaction will provide Air France-KLM with a capital solution to further strengthen its balance sheet and enhance Flying Blue’s scalability and growth prospects.
  • This financing is the third transaction between Apollo and Air France-KLM within the last 18 months.
  • Apollo Partner Jamshid Ehsani said, “Apollo is pleased to continue to serve as a capital partner to Air France-KLM.

trivago N.V. Announces an Extraordinary General Meeting of Shareholders to Approve One-time Extraordinary Dividend

Retrieved on: 
Friday, September 15, 2023
Trivago, American depositary receipt, EGM, EUR, CEST, NautaDutilh, Holding company

DÜSSELDORF, Germany, September 15, 2023 - trivago N.V. (NASDAQ: TRVG) announced today that an extraordinary general meeting of shareholders (“EGM”) will be held on November 1, 2023 at the offices of NautaDutilh N.V., Beethovenstraat 400, 1082 PR Amsterdam, the Netherlands.

Key Points: 
  • DÜSSELDORF, Germany, September 15, 2023 - trivago N.V. (NASDAQ: TRVG) announced today that an extraordinary general meeting of shareholders (“EGM”) will be held on November 1, 2023 at the offices of NautaDutilh N.V., Beethovenstraat 400, 1082 PR Amsterdam, the Netherlands.
  • trivago’s management board, with the approval of its supervisory board, has resolved to issue a one-time extraordinary dividend, totaling EUR 184,380,959 (or approximately EUR 0.53 per share).
  • Part of this extraordinary dividend in the amount of EUR 167,893,889 is subject to trivago shareholder approval.
  • The only agenda item for the EGM relates to this part of the proposed dividend.

MCDERMOTT ANNOUNCES TRANSACTION SUPPORT AGREEMENT WITH KEY FINANCIAL STAKEHOLDERS TO POSITION COMPANY FOR LONG-TERM SUCCESS

Retrieved on: 
Friday, September 8, 2023
PJT Partners, Line of credit, Equity, Credit Suisse, Security (finance), NautaDutilh, Alvarez and Marsal, McDermott International, Commerce, Agreement, Wardwell, Linklaters, Letter, LC, Bracewell LLP, McDermott, Work, Intend, Credit, Safety, LLP, International, Kirkland & Ellis, CB, Carbon, McKelvy, International Chamber of Commerce, CB&I, Companies Act 2006, TSA, FTI Consulting, Part, Loyens & Loeff, ICC, Weil, Gotshal & Manges, Republic, Good, Bracewell, Contract bridge

To implement the Agreement, McDermott International Holdings B.V. and Lealand Finance Company B.V. will initiate procedures in the Netherlands under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord or "WHOA").

Key Points: 
  • To implement the Agreement, McDermott International Holdings B.V. and Lealand Finance Company B.V. will initiate procedures in the Netherlands under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord or "WHOA").
  • CB&I UK Limited will initiate a Restructuring Plan under Part 26A of the Companies Act 2006 (UK) in England.
  • McDermott International Holdings B.V., Lealand Finance Company B.V., and CB&I UK Limited are the only McDermott entities named in these proceedings.
  • "We are pleased to have reached this agreement with our key stakeholders, which demonstrates their confidence in the long-term strength and sustainability of our business.

Lonza to Acquire Synaffix and Strengthen Antibody-Drug Conjugates Offering

Retrieved on: 
Thursday, June 1, 2023
Cancer, Bird & Bird, Acquisition, Patient, Center of excellence, NautaDutilh, Mab, NL, ADC, Growth, Spacecraft, Fine chemical, Synaffix

Synaffix revenues and margins will be recognized within the Lonza business from the date of acquisition.

Key Points: 
  • Synaffix revenues and margins will be recognized within the Lonza business from the date of acquisition.
  • Supported by a team of scientific experts, the Synaffix technology platform, which includes payload and site-specific linker technologies, will enhance and extend Lonza’s integrated ADC services, including its early-phase offering.
  • The award-winning Synaffix ADC technology platform comprises proprietary GlycoConnect™, HydraSpace™ and toxSYN™ technologies that can considerably enhance the efficacy and tolerability of ADCs.
  • The acquisition of Synaffix underlines the strategic position of bioconjugates within Lonza’s portfolio, expands our offering in this fast-growing market and enhances our value proposition for clinical customers.

trivago N.V. Announces Annual General Meeting of Shareholders

Retrieved on: 
Wednesday, May 24, 2023
CEST, NautaDutilh, Rare-earth element, Bank

DÜSSELDORF, Germany, May 24, 2023 - trivago N.V. (NASDAQ: TRVG) announced today that its annual general meeting of shareholders will be held on June 30, 2023 at the offices of NautaDutilh N.V., Beethovenstraat 400, 1082 PR Amsterdam, the Netherlands.

Key Points: 
  • DÜSSELDORF, Germany, May 24, 2023 - trivago N.V. (NASDAQ: TRVG) announced today that its annual general meeting of shareholders will be held on June 30, 2023 at the offices of NautaDutilh N.V., Beethovenstraat 400, 1082 PR Amsterdam, the Netherlands.
  • The meeting will start at 3:00 p.m. CEST.
  • The convening notice and explanatory notes for the general meeting are available free of charge in the Investor Relations section of trivago N.V.'s corporate website at ir.trivago.com.

Viatris Announces Appointment of Leo Groothuis to Company's Board of Directors

Retrieved on: 
Monday, May 22, 2023
ESG, General counsel, Investment, NautaDutilh, Viatris, Management

PITTSBURGH, May 22, 2023 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced that as part of its ongoing board refreshment efforts, Leo Groothuis has been appointed as Viatris' newest member of its board of directors.

Key Points: 
  • PITTSBURGH, May 22, 2023 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced that as part of its ongoing board refreshment efforts, Leo Groothuis has been appointed as Viatris' newest member of its board of directors.
  • Groothuis fills the vacancy created by the previous departure of Michael Goettler in April of this year.
  • Throughout his career, Groothuis has been a trusted C-suite and board advisor to some of the largest companies in both Europe and the U.S.
  • Viatris Executive Chairman Robert J. Coury said, "We are extremely pleased to welcome Leo Groothuis, a recognized top international executive to the Viatris board.

Omni Bridgeway announces EMEA leadership and investment management promotions in Amsterdam and London

Retrieved on: 
Monday, February 6, 2023
Omni, UHNWI, NautaDutilh, Judgement, Fraud, De Brauw Blackstone Westbroek, Growth, Kees, Executive director, Loyens & Loeff, Cryptocurrency

AMSTERDAM, Feb. 6, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce the appointment of Hannah van Roessel as Co-Chief Investment Officer – EMEA, and the promotions of Kees de Visser and Alistair Croft .

Key Points: 
  • AMSTERDAM, Feb. 6, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce the appointment of Hannah van Roessel as Co-Chief Investment Officer – EMEA, and the promotions of Kees de Visser and Alistair Croft .
  • Omni Bridgeway's growth in EMEA is marked by recent expansion into France, and new hires in Dubai and Germany.
  • Based in Amsterdam, Hannah will work closely with Raymond van Hulst (Executive Director and Co-CIO EMEA) to jointly lead all aspects of Omni Bridgeway's EMEA operations.
  • In London, Alistair Croft has been promoted to Senior Investment Manager with a focus on enforcement, contentious trust and insolvency matters.

Omni Bridgeway announces EMEA leadership and investment management promotions in Amsterdam and London

Retrieved on: 
Monday, February 6, 2023
Omni, UHNWI, NautaDutilh, Judgement, Fraud, De Brauw Blackstone Westbroek, Growth, Kees, Executive director, Loyens & Loeff, Cryptocurrency

AMSTERDAM, Feb. 6, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce the appointment of Hannah van Roessel as Co-Chief Investment Officer – EMEA, and the promotions of Kees de Visser and Alistair Croft .

Key Points: 
  • AMSTERDAM, Feb. 6, 2023 /PRNewswire/ -- Omni Bridgeway is pleased to announce the appointment of Hannah van Roessel as Co-Chief Investment Officer – EMEA, and the promotions of Kees de Visser and Alistair Croft .
  • Based in Amsterdam, Hannah will work closely with Raymond van Hulst (Executive Director and Co-CIO EMEA) to jointly lead all aspects of Omni Bridgeway's EMEA operations.
  • We could not be better positioned for continued growth with Hannah and Raymond leading our team and business in EMEA."
  • In London, Alistair Croft has been promoted to Senior Investment Manager with a focus on enforcement, contentious trust and insolvency matters.