UK: Orrick Advises On EUR 110m Cable TV Transaction
Last Updated: 18 December 2002

International law firm Orrick, Herrington & Sutcliffe has acted for Elektrim Telekomunikacja Sp. z.o.o. in the sale of its cable television business to American firm Hicks, Muse, Tate & Furst.

Elektrim Telekomunikacja is a joint venture between Vivendi Universal S.A. and Elektrim S.A. and sold its cable television business for EUR110 million. Orrick, Herrington & Sutcliffe advised Elektrim Telekomunikacja and the Warsaw office of Salans acted as Polish counsel. Weil Gotshal advised Hicks Muse.

The Orrick team was led by London partner Carl Liederman who commented: "This has been a very exciting deal to work on. It provided us with the opportunity to work closely with our Paris office on a significant European cross-border transaction. "

Orrick, Herrington & Sutcliffe

Orrick is one of the world’s leading international finance and corporate law firms with more than 600 lawyers in offices in New York, San Francisco, Silicon Valley, Washington DC, Los Angeles, Sacramento, Seattle, Orange County, Paris, London, Tokyo and Singapore.

Orrick’s Corporate Department advises both established and emerging companies in the US and internationally on all significant corporate issues, including formation, venture capital and capital market financing, operations, mergers and acquisitions, strategic alliances, licensing and restructuring.

The firm opened its London office in 1998 driven by its importance as a critical business and financial centre for clients. Orrick has built its team in London with talented lawyers qualified in the UK, US and Europe, who work in international cross-border teams with Orrick lawyers in across the US and Far East.

The firm’s world wide strategic practices are:

  • Global Energy, Communications & Infrastructure
  • Project & Structured Finance
  • Corporate
  • Commercial Litigation

For additional information please access www.orrick.com.

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