- News & Publications
- Press Releases
- Carter, Ledyard & Milburn Assist ICAP PLC in Acquisition of APB Energy
Director of Marketing
Carter Ledyard & Milburn LLP
CARTER, LEDYARD & MILBURN ASSIST ICAP PLC IN ACQUISITION OF APB ENERGY
NEW YORK, October 4, 2002 - Wall Street law firm Carter, Ledyard & Milburn announced today that it represented Garban-Intercapital North America Inc., an ICAP company, in its acquisition of the business of APB Energy, Inc. in Louisville, Kentucky.
ICAP is the world's largest inter-dealer broker. The Group is active in the wholesale market for OTC derivatives, fixed income securities, money markets, futures, foreign exchange and energy and equity derivatives with daily turnover in excess of $300 billion. ICAP has 2200 staff worldwide. Its wholly owned subsidiary, Intercapital Commodity Swaps Ltd., is a leading specialist commodity derivatives business covering oils and oils products, bullion and precious metals, electricity, coal and weather derivatives. ICAP plc (IAP) is listed on the London Stock Exchange and is a FTSE 250 company. For more information go to www.icap.com
APB Energy is a leading energy broker in the US and European markets providing execution services and coverage of electricity, natural gas, coal and other energy related products. The business had revenue of $32.5 million in the year to December 2001, which included only two months of activity for the European businesses acquired in November of that same year. Through its online platform, truequote.com, APB offers real-time price discovery and execution to complement its voice broking services. All 165 of APB Energy's directors and staff will be remaining with the company.
Carter, Ledyard & Milburn partners Robert A. McTamaney, Andris Vizbaras, Judith Lockhart and Howard Barnet, and associates Peter Flägel, Richard J. Horne, Austin D. Keyes, Sandra Marino, Jennifer G. Palmer, and Ally Rich assisted Garban-Intercapital North America's General Counsel Roger Campbell and ICAP plc General Counsel Edward Pank with the transaction.
Carter Ledyard & Milburn LLP (www.clm.com), established in 1854, has approximately 90 attorneys and has been headquartered on Wall Street since its founding. Carter Ledyard's general practice includes corporate, securities, mergers and acquisitions, broker-dealer, on-shore and off-shore hedge and other alternative investment funds, private equity, litigation, intellectual property, environmental, employment, media and technology, immigration, investment regulation, antitrust, art law, trusts and estates, maritime, ERISA, tax-exempt organizations, real estate, tax and bankruptcy. A significant part of the firm's practice involves representing overseas-based clients and their U.S. affiliates, financial institutions and other financial services providers, governmental entities and media and technology clients.
Client Kaneka Corporation was awarded a default judgment against a Chinese importer...
Ms. Mann was asked to comment on the lawsuit alleging that the Trump Foundation charity used funds for personal and political purposes.
Carter Ledyard is pleased to welcome the arrival of Ms. Dreizen to the firm as Counsel in the Corporate department.
Partner Steven Paul McSloy gave a presentation at the Consulate General of Ireland in NYC on “The American Indian as Irishman: The Lost Connection”
Carter Ledyard client Global SC Finance IV Limited completed an offering of $196 million of fixed rate asset backed notes.
Judith discusses the benefits and risks of arbitration of art disputes in the newly created process at the Netherlands Arbitration Institute.
Jack was honored with the Chairman's Award, in recognition of his "tireless efforts and unending dedication to the foundation."
Mr. McCarthy has joined the firm as a partner in the Litigation Department, bringing with him years of experience in international litigation and arbitration.
Our 2017 Year in Review highlights the cutting-edge work of our clients, both foreign and domestic, and some of the ways we helped them succeed.
Over breakfast at the midtown office, more than 30 members of the private equity community gathered to create a deal flow for all concerned.
Val Vasi discussed anti-money laundering (AML) guidelines in the art world and AML regulations in the financial services industry
Carter Ledyard client Lisa Schwarz, developer of the Comprehensive Resource Model trauma treatment model, prevailed on her motion for contempt against Dr. David Grand in proceedings in the Federal District Court for the…
Together with Her Justice, Carter Ledyard attorneys were successful in guiding pro bono clients apply for their U-Visa, obtain deferred and final approval of legal status, and receive employment authorization.