News

Chadbourne Represented Strategic Value Partners in Sale of Pacific Crossing Limited

December 3, 2009

Chadbourne & Parke LLP represented Strategic Value Partners, LLC (SVP) in the sale of all the outstanding shares of Pacific Crossing Limited (PCL), operator of the PC-1 trans-Pacific cable network, to Japan-based NTT Communications. Affiliates of SVP constituted the largest shareholder of PCL and served as representative for all the shareholders in connection with the sale.

The Chadbourne team on the deal was comprised of M&A partner Jonathan M.A. Melmed, M&A associates Jeffrey Patten, Joel Shalit and Ruslan Koretski, tax partner William Cavanagh and bankruptcy partner Seven Rivera.