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22 July – LAWFUEL – The Law News Network – New York – Debevoise & Plim…

22 July – LAWFUEL – The Law News Network – New York – Debevoise & Plimpton LLP is advising Globo Comunicações e Participações S.A. (“Globopar”) in the successful completion of the restructuring of approximately US$1.3 billion of its debt. Converted bonds will be issued, and cash will be paid pursuant to the previously-announced Dutch Auction and Mandatory Purchase, in each case as soon as practicable.

The international Debevoise team was led by partners Michael J. Gillespie and Steven R. Gross in New York and Katherine Ashton and Peter Hockless in London, and included associates Jasmine Powers, Alexia Breuvart and Nekia S. Hackworth in New York and Lisa Gan, Winta Jarvis, Simon Turner, Jason Wilkinson and Rebecca Winsor in London.

British MP George Galloway and his opponent the Daily Telegraph will leave no stone unturned to sort out what could be a spectacular libel case.