The sale of all ownership interests in CDSG HoldCo, LLC’s operating business, CRU Data Security Group, LLC, a provider of physical data protection and data security, to a private equity bidder was handled by K&L Gates LLP.

Several U.S. and major Asian law firms made key hires this week, particularly in their corporate and antitrust divisions. Han Kun and Hylands also strengthened their teams with senior international lawyers.

In an agreement with ACWA Power for an investment of over US$400 million for the building of a seawater desalination plant on the Caspian Sea, the Dentons team served as the primary legal counsel to the Republic of Azerbaijan’s Ministry of Economy and ADSEA.

According to a statement released today by firm chair Peter Michaud, Steven Burt, a seasoned consumer financial services attorney and advisor with over eight years of in-house experience at solar energy companies, has returned to Ballard Spahr as a member of the firm’s Litigation Department, Consumer Financial Services Group, and Salt Lake City office.

For over $10 billion, Sempra has agreed to sell 45 percent of its equity stake in Sempra Infrastructure Partners, its expansion platform, to an investment company run by affiliates of Canada Pension Plan Investment Board and Kohlberg Kravis Roberts & Co.

A Rule 144A/Reg S offering of $550 million in senior secured fixed-rate notes due in 2036 was completed by Transurban Finance Company, a division of the client Transurban Group (Transurban).

Presley Taylor, a legal clerk with the Redevelopment, Land Use & Zoning Group, and Isabella Rose Pompeo, an associate with the Surety & Fidelity Group, have joined Chiesa Shahinian & Giantomasi (CSG legal).

In order to raise between AUD 150 million and AUD 300 million, RAM Income Capital Ltd (Issuer) is issuing unsubordinated, secured, deferrable, cumulative, and redeemable retail notes (RAM Secured Income Notes or Notes). Baker McKenzie is providing advice to the RAM Group on this matter.

Hogan Lovells provided Oldenburgische Landesbank Aktiengesellschaft (OLB) with financial advice for the financing of BBOF VI Holding C.V.’s (Bencis) acquisition of the Omega Group.

As law firms adopt technologies like generative AI and advanced billing software, experts warn against expecting immediate profitability. They note that fostering an innovation mindset can enhance client satisfaction and retention. While AI may improve efficiency, its impact on a firm’s bottom line remains uncertain. Law firm leaders face a paradox: AI speeds up tasks,…