News 09 Apr. 2024
Curtis Announces New Partners and Counsels Across Offices in Spring 2024
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News 25 Jan. 2024
Counsel Mohannad A. El Murtadi Suleiman Addresses “Africanization” of International Investment Law
Event 18 Aug. 2023
Partner Borzu Sabahi Speaks at FDI Moot Shenzhen
News 25 Jul. 2023
Partner Eric Gilioli Ranked in Top 10 Influential Energy & Natural Resources Lawyers in Kazakhstan in Business Today
Client Alert 28 Dec. 2023
U.S. to Impose Secondary Sanctions on Non-U.S. Banks For Financing Russia’s Defense Industry
Event 22 Aug. 2023
Partner Dr. Claudia Frutos-Peterson to Speak at Arbitration and ADR Commission of the ICC Mexico
Event 11 Jul. 2023
Partner Elisa Botero Speaks on the Role of the ICC in Investment Disputes
News 15 Aug. 2023
Legal Reader Publishes Article on Dr. Majed Alotaibi’s Arrival as Senior Counsel in Curtis’ Riyadh Office
News 31 Jul. 2023
Curtis Welcomes Senior Saudi Advisor, Dr. Majed Alotaibi, to its Riyadh Office
News 24 Aug. 2023
Curtis Attorneys Quoted in CoinDesk on FTX Founder Sam Bankman-Fried’s Strategy Ahead of His Criminal Trial
Client Alert 24 Jun. 2021
Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
news
Fernando Tupa Lectures on Fair and Equitable Treatment at an Investment Arbitration Course Organized by Litigando Derecho
client alert
The American Privacy Rights Act of 2024
News 21 Mar. 2007
On March 15, 2007, the Emergency Steel Loan Guarantee Board, represented by Curtis, entered into an agreement to restructure its $250 million federally guaranteed project loan to Wheeling Pittsburgh Steel Company. The loan proceeds were used to construct a state of the art electric arc furnace at the company's plant in Steubenville, Ohio. The restructuring cleared the way for Wheeling's merger with Esmark Corporation, a downstream steel finishing and fabrication company. Wheeling was required to raise $50 million in new subordinated convertible debt and prepay $37.5 million in principal and one year of interest on the federal loan, in exchange for which Wheeling was granted financial covenant relief and consent to consummate the merger on specified terms and conditions. The covenant relief was structure to averted a 'going concern' qualification to PricewaterhouseCoopers' audit opinion on Wheeling's 2006 financial statements. The engagement was handled for Curtis by Daniel Lenihan and Evan Borenstein, working in conjunction with the Steel Board's financial advisor, Lazard Freres & Co., and the loan's administrative agent, Royal Bank of Canada. The Steel Board was established by Act of Congress in 1999 and has been represented by Curtis since its inception. The Board is comprised of the Vice Chairman of the Federal Reserve Board, the Deputy Secretary of the Department of Commerce, and one of the five Commissioners of the Securities and Exchange Commission.
Corporate
Finance
Restructuring and Insolvency
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