Finanzas

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In the News

Haynes and Boone Honored in Chambers Latin America 2013

DALLAS / MEXICO CITYChambers Latin America 2013 recently recognized Haynes and Boone, LLP and its Mexican affiliate Haynes and Boone, SC for its leading work in three different categories in Latin America and Mexico. The firm and its lawyers were recognized in the areas of Latin America-wide corporate / M&A and international arbitration. >>

Project Finance Honors Two Haynes and Boone Deals as Deals of the Year

Two transactions led by Haynes and Boone, LLP lawyers have been selected as 2012 Deals of the Year by Project Finance magazine. The magazine featured the firm’s Tarahumara Pipeline transaction as the Latin America Midstream Deal of the Year and its work with the Panda Power Funds financings of Texas power plants as the North American Merchant Power Deal of the Year. >>

Todd Ransom’s Arrival Expands Haynes and Boone NY Financial Services Platform

NEW YORK – Haynes and Boone, LLP New York welcomes back Todd Ransom as a partner in the firm’s Prime Brokerage and Equity Lending Practice Group, a specialized practice focused on leveraged and derivative products and brokerage transactions used by financial institutions and private and public funds. >>



Recent Publications

Dodd-Frank Update: CFTC ISO/RTO Exemptive Order

On March 28, 2013, the Commodity Futures Trading Commission (“CFTC”) issued a final order exempting specified transactions by certain regional transmission organizations (“RTO”) and independent system operators (“ISO”) from all but the general anti-fraud and anti-manipulation prohibitions of the Commodity Exchange Act (“CEA”) and related CFTC regulations promulgated thereunder (“Exemptive Order”). >>

Dodd-Frank Update: CFTC Inter-Affiliate Swap Clearing Exemption

On April 1, 2013, the U.S. Commodity Futures Trading Commission (“CFTC”) issued a final rule exempting swaps between certain affiliated entities from the clearing requirement under section 2(h)(1)(A) of the Commodity Exchange Act (“CEA”) and CFTC regulations (“Final Rule”). >>

Top Ten Tips for Purchasing and Negotiating Representations and Warranty Insurance

In recent months, high profile M&A warranty claims and falling premiums have dramatically increased the utilization of "representations and warranty insurance" (RWI), also known as "warranty and indemnity insurance," in mergers, acquisitions and related transactions. >>

31st Annual Review of Developments in Business Financing - Developments and Trends in Oil and Gas Financings 2013

An oil and gas energy revolution is occurring in the United States, creating a “historic opportunity to reinvigorate the U.S. economy and greatly strengthen the nation’s global geopolitical position”. >>

Update on Dodd-Frank Requirements for Swap Guarantees

The Commodities Futures Trading Commission (the “CFTC”), pursuant to its rulemaking authority under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) , has interpreted guarantees of swap agreements to fall under the definition of a swap... >>

Banking Law Journal Guest Article: A Look at Proposed FFIEC Guidance: "Social Media: Consumer Compliance Risk Management Guidance"

On January 23, 2013, the Federal Financial Institutions Examination Council (“FFIEC”) issued a notice for comment on its proposed guidance, Social Media: Consumer Compliance Risk Management Guidance (the “Guidance”). >>




The Client in the Driver's Seat

Our Client
InterOil Corporation, a public company developing a liquefied natural gas (LNG) facility in Papua New Guinea

The Problem
InterOil was positioned to use its very substantial natural gas discoveries to develop an LNG liquefaction facility in Papua New Guinea.  It was clear from the start that, while InterOil had the resources, vision and expertise to drive the project, some very large U.S. and European financial players needed to be brought into the project to provide additional development stage financing to allow the project to move ahead.  The fact that negotiations needed to transpire across several time zones (Papua New Guinea is in the vicinity of Australia) was a complicating factor.

The Haynes and Boone Solution
Through tough negotiation and creative structuring, we were able to assist InterOil in securing the development funding InterOil needed, while keeping them where they belonged - in the driver's seat of this complex project.

The Outcome
The first phase of the financing package was completed in the summer of 2007.  Current estimates anticipate that this will ultimately be a multi-billion dollar project.

For more information about this case study, please contact Arthur Cohen at  or Herb Glaser at  .