Cleary and Covington take Russian steel leads
Legal Week reports
November 29, 2006 at 07:03 PM
1 minute read
East Coast firms Cleary Gottlieb Steen & Hamilton and Covington & Burling have bagged the lead advisory roles on Russian steel giant Evraz's $2.3bn (£1.2bn) acquisition of Oregon Steel Mills.
Cleary New York corporate partners William Groll and Neil Whoriskey led the team advising Evraz.
The deal is one of a number of notable mandates on which Cleary has advised Evraz, Russia's top steel producer by volume.
Other roles the New York leader has bagged for the Moscow-based company include advising on its $422m (£218m) London initial public offering in June 2005.
This is the first time Washington DC-based Covington has represented Oregon Steel. The firm fielded a team out of its Washington DC and New York offices, led by New York-based corporate partner JD Weinberg.
Oregon firm Schwabe Williamson & Wyatt also advised the target, a company it has represented for the last 17 years.
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