The French Court of Cassation – France’s highest level of appeal – upheld an investment award for Hughes Hubbard’s dual national client and, in a different case, did the same for a Saudi client of the firm.

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Hughes Hubbard represented a major Chinese company in an investigation by the Asian Development Bank into alleged fraud on an ADB-financed project. Hughes Hubbard helped the company obtain a sanction shorter than the recommended minimum period of debarment and meet all post-sanction conditions for reinstatement as an ADB-eligible contractor.

Hughes Hubbard advised the regional airline Republic Airways on a loan agreement with Agência Especial de Financiamento Industrial S.A. – FINAME, a wholly owned subsidiary of Banco Nacional de Desenvolvimento Econômico e Social, for up to 14 new Embraer 175LR aircraft, with a total lending commitment of up to $293,250,000.

Hughes Hubbard represents the Republic of Equatorial Guinea in an appeal of an judgment of the District Court for the District of Columbia for the confirmation of a foreign arbitral award issued against it. The matter is pending before the United States Court of Appeals for the District of Columbia Circuit.

Hughes Hubbard represented Griffin Global Asset Management and Bain Capital Special Situations in the acquisition of 17 new technology Rolls-Royce widebody engines. The engines will be owned by a newly formed standalone entity and used as spares by the Rolls-Royce global customer base.

Hughes Hubbard guided a group of banks led by Banque de Développement du Mali in negotiation and documentation of a €240 million commodity financing facility for Compagnie Malienne pour le Développement des Textiles, the Malian state-controlled company that produces and exports Mali's cotton.

Hughes Hubbard represented JOST, a leading global manufacturer of modules and components for commercial vehicles, in its acquisition of Crenlo do Brasil Engenharia de Cabines from Angeles Equity Partners. Through the acquisition, JOST will gain access to the Brazilian off-highway and agricultural machinery market, one of the biggest agricultural markets worldwide.

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Hughes Hubbard represented Taisei Corporation – a Japanese construction, civil engineering and real estate development company – in acquiring a partial ownership interest in a building and redevelopment project in Los Angeles, as well as in acquiring a mixed-use office and retail building in Washington, D.C. and a mixed-use Class A office, retail and residential building in Atlanta.

Hughes Hubbard advised financial institution Caisse Régionale de Refinancement Hypothécaire (CRRH-UEMOA), through the CRRH West Africa Impact Affordable Housing Trust, on a €205 million capital markets and loan financing with a guaranty from the U.S. International Development Finance Corporation.

Hughes Hubbard advised Griffin Global Asset Management, and borrowers Palisade Aviation Holdings Warehouse, Ltd. and Palisade Aviation Holdings Warehouse, LLC, on an amendment, extension and upsizing transaction for its senior secured financing facility. The deal – which doubled the initial facility that closed in 2021 – included the addition of banking partners Citibank and Sumitomo Mitsui Banking, as well as an additional commitment from Bank of Montreal. The upsizing of the facility is expected to provide Griffin with the final bridge before it accesses the capital markets.

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Hughes Hubbard represented Westwater Resources in a successful arbitration against the Republic of Turkey before the International Centre for Settlement of Investment Disputes. The case stemmed from Turkey's revocation of uranium mining licenses held by the company's Turkish subsidiary, Adur Madencilik.

Hughes Hubbard advised Mexico's Grupo de Diagnóstico Aries in the financing of its acquisition of a majority stake in Florida-based Access Medical Laboratories.

Hughes Hubbard is representing Imerys S.A., a French multibillion-dollar mining company, in connection with the 2019 Chapter 11 filing by its three indirect subsidiaries to address their historic talc-related liabilities in the U.S.

Hughes Hubbard's Paris team represented West African cotton company Société d'Égrenage de Coton (SODECO) in negotiating and documenting a €90 million pre-export financing.

Hughes Hubbard represented Griffin Global Asset Management on a senior unsecured notes offering and subsequent add-on totaling $700 million.

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Hughes Hubbard represented Dominican airline Arajet in a leasing and pre-delivery payment financing deal with Bank of China Aviation for three new aircraft.

Hughes Hubbard advised EBI SA, a French subsidiary of pan-African banking conglomerate Ecobank, in the negotiation of a commodity financing facility for cocoa producer Kineden Commodities.

Hughes Hubbard represented Mexico-based private credit fund Addem Capital in a complex cross-border tax restructuring.

Hughes Hubbard advised globally active alternative investment firm AURELIUS on the acquisition by its portfolio company, ZIM Aircraft Seating, of HAECO Cabin Solutions. The acquisition will make ZIM the fourth largest aircraft seat vendor in the world.

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Hughes Hubbard represented Dominican airline Arajet in a lease transaction for two used Boeing aircraft with SKY Leasing.

Hughes Hubbard client and U.S. national Edmond Khudyan obtained the annulment with costs of an International Centre for Settlement of Investment Disputes arbitration award in favor of the Republic of Armenia.

Hughes Hubbard represented leading global aircraft inventory support provider DASI in the sale of 50% of the outstanding ownership of DASI, LLC to Marubeni Corporation – a publicly traded Japanese company that is one of the world's largest trading and investment conglomerates – alongside related joint venture arrangements. The transaction saw minority investor Fortress Investment Group exit its investment in DASI.

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Hughes Hubbard assisted French commodities firm Sucres & Denrées Côte d'Ivoire SA in its pre-financing facility for cooperatives and local suppliers in the Ivory Coast’s cocoa sector.