Event 14 Oct. 2022
Curtis Provides Capacity Training to the Government of Uganda
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Event 21 Sep. 2022
Kalidou Gadio Speaks at AIEN 2022 International Energy Summit
Event 06 Jun. 2023
Partner Borzu Sabahi Speaks on Panel in Tashkent Law Spring International Legal Forum in the Republic of Uzbekistan
News 15 May. 2023
Curtis represents e-commerce retailer in its fight to recover monies withheld by PayPal, the global payment giant
Article 08 Jun. 2023
Jonathan Walsh, Elisa Botero and Vadim Belinskiy Publish Article in Law360 on Meta’s EU Data Privacy Transfer Fine
Event 08 May. 2023
Partner Irene Petrelli to Participate in ICC YAAF Event
Event 07 Jun. 2023
Elisa Botero Speaks on Latin America’s H2 Potential at AIEN’s International Energy Summit
Event 23 May. 2023
Partners Luciana Ricart and Fernando Tupa Will Teach a Workshop on Hearings in Investment Arbitration for Arbanza School of Arbitration’s Online Program
Event 03 May. 2023
Dr. Borzu Sabahi to Speak at ICSID-ADGM Joint Conference: Investment Protection and Armed Conflict
Event 19 Mar. 2023
Sebastiano Nessi speaks at Bahrain Business and Legal Landscape Conference
Event 01 Jun. 2023
Curtis Environmental Chair Charles Howland to Moderate Panel Discussion on Latest Developments in Environmental Due Diligence at ABA Masterclass on Environmental Transactions
News 25 May. 2023
Curtis Files SCOTUS Amicus Brief for Distinguished Law Professors in First Amendment Retaliatory Arrest Case
News 06 Mar. 2023
Russia Sanctions at the First Anniversary: An Overview of Current Sanctions in the US, UK, and EU and How Global Companies Can Navigate Evolving and Conflicting Sanctions Regimes
Client Alert 30 Aug. 2022
The EU Adopts the “Maintenance and Alignment” Sanctions Package
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 11 Oct. 2005
On October 3, 2005, the Federal Government, represented by Curtis and acting through the Bureau of Public Debt, an arm of the Treasury Department, sold back to US Airways Group, Inc. warrants to purchase 7.7 million shares of the company's common stock. The warrants were exercisable at $7.27 per share at any time before January 2012. The negotiated sale price of $115.8 million was the midpoint between the intrinsic value of the warrants based on the stock's October 1st closing price of $21 per share and the warrants' option valued based on the Black-Scholes valuation methodology. The warrants were originally issued to the federal Air Transportation Stabilization Board (ATSB) in connection with its guarantee of a $429 million senior unsecured loan to America West Airlines in January 2001 following 9/11. America West merged with US Airways on September 27, 2005.
Concluding on October 13, 2004, the Federal Government, again represented by Curtis, sold to a syndicate of investment funds its remaining $265 million position in the America West loan, as well as its $525 million position in a senior secured loan to US Airways originally guaranteed by the ATSB in March 2002. The US Airways loan, which was sold at par, had been reinstated as a part of US Airways' emergence from Chapter 11 and merger with America West. The America West loan, which sold at 101% of par, had been restructured as a second-lien loan in exchange for the ATSB's consent to the merger. Lazard LLC acted as placement agent in the sale of the loans.
The ATSB was formed by an Act of Congress after 9/11 to provide liquidity to the domestic airline industry. The representation was handled by Daniel Lenihan, Jeff Ostrager, Kathryn Alisbah, Evan Borenstein, Rekha Rangam, and Jerry Nunez.
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