Debevoise & Plimpton kicked off the week by nabbing two deals: advising the Westfield Group on its sale of seven shopping centers to an affiliate of the Starwood Capital Group and representing private equity firm Clayton, Dubilier & Rice on its purchase of Harsco Corporation’s infrastructure division.

Australia-based Westfield is selling the shopping centers–including three in Ohio, two in California, one in Washington and one in Indiana—to Greenwich, Connecticut–based investment firm Starwood for $1.64 billion. The deal is expected to close in the fourth quarter of this year, after which Westfield will retain a 10 percent interest in the shopping centers.

The company sees the transaction as part of its larger plan to sell off its noncore properties for capital that it will then use to invest in higher-return properties. Westfield has already invested in several high-return real estate projects, including a July 2012 joint venture with the Port Authority of New York and New Jersey, in which it agreed to pay $612.5 million for a 50 percent stake in retail property at the World Trade Center.

The Debevoise team representing Westfield on the Starwood deal is led by real estate partner Nicole Mesard, and includes real estate counsel Seth Saideman, as well as real estate associates Brian Hirsch, Ethan Marcovici, and Tulani Thaw, and corporate associate Cara Soffer.

Skadden, Arps, Slate, Meagher & Flom is counseling Westfield on tax matters, with tax partner David Polster and tax associate Sarah Ralph advising.

Debevoise has represented Westfield numerous times in the past, including its joint venture with the Port Authority of New York and New Jersey. And just last year it advised the company in another sale of eight U.S. shopping centers to Starwood for $1.15 billion.


Debevoise also represented Westfield in August 2007 when it bought two shopping centers in Miami for $400 million from SPG–FCM Ventures, and simultaneously sold four shopping centers in St. Louis in two separate transactions to Chattanooga, Tennessee–based real estate investment trust CBL & Associates Properties for $1.04 billion. In May 2006 the firm advised Westfield on its sale of eight regional shopping centers to Centro Properties Group and Somera Capital Management for a combined total of $550 million.

Meanwhile, Starwood retained the counsel of Kirkland & Ellis and Paul Hastings on the Westfield deal. Kirkland’s team was headed by real estate partners Jonathan Schechter and Travis Fleming and also included real estate partners Edward Schneidman, Andrew Shiner, and Scott Berger as well as tax partner William Levy.

Paul Hastings’s team was led by real estate partners David Viklund, Ted Smith, and Gregory Spitzer.

Earlier this year, Paul Hastings advised Starwood on its July acquisition of Maryland-based lodging chain InTown Hospitality Corp for $735 million. The firm also represented Starwood in its $80 million refinancing of the Hyatt Regency in downtown Houston in November 2011.

In a separate deal also announced Monday, Debevoise is representing New York–based private equity firm Clayton, Dubilier & Rice in its purchase of industrial services provider Harsco Corporation’s infrastructure division.

CD&R is buying Harsco Infrastructure as part of an agreement with its parent company to form a joint venture. CD&R will combine Harsco Infrastructure with Chicago-based insulation contractor Brand Energy and Infrastructure, which CD&R acquired from Greenwich, Connecticut–based private equity firm First Reserve in a separate deal announced Monday for an undisclosed sum.

The combined company will retain Brand Energy’s name and is valued at $2.5 billion, including $1.7 billion in debt. Camp Hill, Pennsylvania–based Harsco Corp. will have a 29 percent stake in Brand Energy in addition to receiving $300 million in cash when the deal closes, as well as $225 million in equity in the combined company. The transaction is expected to close in the fourth quarter of this year.

The deal was unanimously approved by Harsco’s board of directors, but is still subject to closing conditions and regulatory approval.


Leading the team for Debevoise on the Harsco deal are corporate partners Andrew Bab and Kevin Rinker. The team also consists of corporate partner and chair of the firm’s finance group David Brittenham, Washington, D.C., managing partner and head of the firm’s corporate intellectual property and information technology practices Jeffrey Cunard, and tax partner David Schnabel.

Debevoise has also had a long relationship with CD&R. In August 2012 the firm advised CD&R on its acquisition of the wedding attire retailer David’s Bridal for $1.05 billion. In February 2011 it represented the private equity firm on its $3.2 billion buyout of ambulance services operation Emergency Medical Services. And in September 2005 it counseled CD&R on its agreement with the Carlyle Group and Merrill Lynch & Co. to buy the Hertz Corporation from the Ford Motor Company in a deal valued at $15 billion. (The deal resulted in Debevoise partner Franci Blassberg being named among The American Lawyer’s Dealmakers of the Year in 2006.)

Weil, Gotshal & Manges is providing legal counsel for Harsco on the transaction, with mergers and acquisitions partners Howard Chatzinoff and Jaclyn Cohen advising. The team also includes tax partner Kenneth Heitner, technology and intellectual property transactions partner Jeffrey Osterman, executive compensations and benefits partner Paul Wessel, and mergers and acquisitions counsel Donald Whittaker. M&A associates Mariel Cruz, Harry Moseley, and Naomi Munz also assisted on the deal.


Meanwhile, Simpson Thacher & Bartlett is counseling First Energy in its sale of Brand Energy to CD&R. Attorneys on the deal include M&A partner William Curbow, tax partner John Creed, intellectual property partner Lori Lesser, credit partner J. Alden Millard, executive compensation and employee benefits partner Brian Robbins, capital markets partner Edward Tolley, and antitrust partner Joeseph Tringali. Also on the team are executive compensation and employee benefits counsel Aimee Adler, environmental senior counsel Michael Isby, M&A counsel Christopher May, and real estate counsel Krista McManus.

Associates on the deal are Patricia Adams (executive compensation and employee benefits), David Azarkh (capital markets), Randy Benjenk and Adam Glenn (M&A), Brian Gluck (credit), Ellen Frye (antitrust), Samantha Himelman (IP), and Seojung Park (tax).

Debevoise & Plimpton kicked off the week by nabbing two deals: advising the Westfield Group on its sale of seven shopping centers to an affiliate of the Starwood Capital Group and representing private equity firm Clayton, Dubilier & Rice on its purchase of Harsco Corporation ’s infrastructure division.

Australia-based Westfield is selling the shopping centers–including three in Ohio, two in California, one in Washington and one in Indiana—to Greenwich, Connecticut–based investment firm Starwood for $1.64 billion. The deal is expected to close in the fourth quarter of this year, after which Westfield will retain a 10 percent interest in the shopping centers.

The company sees the transaction as part of its larger plan to sell off its noncore properties for capital that it will then use to invest in higher-return properties. Westfield has already invested in several high-return real estate projects, including a July 2012 joint venture with the Port Authority of New York and New Jersey, in which it agreed to pay $612.5 million for a 50 percent stake in retail property at the World Trade Center.

The Debevoise team representing Westfield on the Starwood deal is led by real estate partner Nicole Mesard, and includes real estate counsel Seth Saideman, as well as real estate associates Brian Hirsch, Ethan Marcovici, and Tulani Thaw, and corporate associate Cara Soffer.

Skadden, Arps, Slate, Meagher & Flom is counseling Westfield on tax matters, with tax partner David Polster and tax associate Sarah Ralph advising.

Debevoise has represented Westfield numerous times in the past, including its joint venture with the Port Authority of New York and New Jersey. And just last year it advised the company in another sale of eight U.S. shopping centers to Starwood for $1.15 billion.


Debevoise also represented Westfield in August 2007 when it bought two shopping centers in Miami for $400 million from SPG–FCM Ventures, and simultaneously sold four shopping centers in St. Louis in two separate transactions to Chattanooga, Tennessee–based real estate investment trust CBL & Associates Properties for $1.04 billion. In May 2006 the firm advised Westfield on its sale of eight regional shopping centers to Centro Properties Group and Somera Capital Management for a combined total of $550 million.

Meanwhile, Starwood retained the counsel of Kirkland & Ellis and Paul Hastings on the Westfield deal. Kirkland’s team was headed by real estate partners Jonathan Schechter and Travis Fleming and also included real estate partners Edward Schneidman, Andrew Shiner, and Scott Berger as well as tax partner William Levy.

Paul Hastings ’s team was led by real estate partners David Viklund, Ted Smith, and Gregory Spitzer.

Earlier this year, Paul Hastings advised Starwood on its July acquisition of Maryland-based lodging chain InTown Hospitality Corp for $735 million. The firm also represented Starwood in its $80 million refinancing of the Hyatt Regency in downtown Houston in November 2011.

In a separate deal also announced Monday, Debevoise is representing New York–based private equity firm Clayton, Dubilier & Rice in its purchase of industrial services provider Harsco Corporation ’s infrastructure division.

CD&R is buying Harsco Infrastructure as part of an agreement with its parent company to form a joint venture. CD&R will combine Harsco Infrastructure with Chicago-based insulation contractor Brand Energy and Infrastructure, which CD&R acquired from Greenwich, Connecticut–based private equity firm First Reserve in a separate deal announced Monday for an undisclosed sum.

The combined company will retain Brand Energy’s name and is valued at $2.5 billion, including $1.7 billion in debt. Camp Hill, Pennsylvania–based Harsco Corp. will have a 29 percent stake in Brand Energy in addition to receiving $300 million in cash when the deal closes, as well as $225 million in equity in the combined company. The transaction is expected to close in the fourth quarter of this year.

The deal was unanimously approved by Harsco’s board of directors, but is still subject to closing conditions and regulatory approval.


Leading the team for Debevoise on the Harsco deal are corporate partners Andrew Bab and Kevin Rinker. The team also consists of corporate partner and chair of the firm’s finance group David Brittenham, Washington, D.C., managing partner and head of the firm’s corporate intellectual property and information technology practices Jeffrey Cunard, and tax partner David Schnabel.

Debevoise has also had a long relationship with CD&R. In August 2012 the firm advised CD&R on its acquisition of the wedding attire retailer David’s Bridal for $1.05 billion. In February 2011 it represented the private equity firm on its $3.2 billion buyout of ambulance services operation Emergency Medical Services. And in September 2005 it counseled CD&R on its agreement with the Carlyle Group and Merrill Lynch & Co. to buy the Hertz Corporation from the Ford Motor Company in a deal valued at $15 billion. (The deal resulted in Debevoise partner Franci Blassberg being named among The American Lawyer’s Dealmakers of the Year in 2006.)

Weil, Gotshal & Manges is providing legal counsel for Harsco on the transaction, with mergers and acquisitions partners Howard Chatzinoff and Jaclyn Cohen advising. The team also includes tax partner Kenneth Heitner, technology and intellectual property transactions partner Jeffrey Osterman, executive compensations and benefits partner Paul Wessel, and mergers and acquisitions counsel Donald Whittaker. M&A associates Mariel Cruz, Harry Moseley, and Naomi Munz also assisted on the deal.


Meanwhile, Simpson Thacher & Bartlett is counseling First Energy in its sale of Brand Energy to CD&R. Attorneys on the deal include M&A partner William Curbow, tax partner John Creed, intellectual property partner Lori Lesser, credit partner J. Alden Millard, executive compensation and employee benefits partner Brian Robbins, capital markets partner Edward Tolley, and antitrust partner Joeseph Tringali. Also on the team are executive compensation and employee benefits counsel Aimee Adler, environmental senior counsel Michael Isby, M&A counsel Christopher May, and real estate counsel Krista McManus.

Associates on the deal are Patricia Adams (executive compensation and employee benefits), David Azarkh (capital markets), Randy Benjenk and Adam Glenn (M&A), Brian Gluck (credit), Ellen Frye (antitrust), Samantha Himelman (IP), and Seojung Park (tax).