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Paul Hastings' Represents Cebridge Connections Holdings In Purchase of Cable Systems From Cox Communications Inc.

November 04, 2005
Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, represented Cebridge Connections Holdings, LLC ("Cebridge") as lead counsel in connection with the financing of the acquisition by a syndicate of investors, of cable systems from Cox Communications, Inc. The syndicate includes Cebridge, GS Capital Partners L.P. and Oaktree Capital Management, LLC. Paul Hastings' handled the negotiation of debt and equity financing for Cebridge in connection with the syndicates purchase of and financing for the acquisition of cable systems. In addition, Paul Hastings is advising the principals of Cebridge in connection with acquisition and financing strategy. The Paul Hastings team was led by New York partners Dan Bergstein and Barry Brooks and associate Glenn Shoenfeld in regard to the acquisition and equity financing. Atlanta based of-counsel Kathleen Currey and New York partners Leslie Plaskon and Jeff Pellegrino also provided assistance on the debt financing. Partner Joseph Opich in the New York office provided tax related support for both teams. About Cebridge Connections: Cebridge Connections is a major operator of cable TV systems, providing basic cable, digital cable, and high-speed Internet services. Today, the company serves approximately 400,000 customers in more than 20 states. Cebridge is run by Cequel III, LLC, a St. Louis-based telecommunications management firm. Paul Hastings Corporate Department: Paul Hastings has 350 corporate attorneys located in 17 global offices. The Corporate Department acts as counsel to public and private companies, financial institutions, investment funds and private investors. The Corporate Department represents these clients in all aspects of their business including mergers and acquisitions, financings, cross-border transactions, leveraged buyouts, and general corporate work. Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is an international law firm, representing Fortune 500 companies with more than 1,000 attorneys located in 17 offices: Atlanta, Beijing, Brussels, Hong Kong, London, Los Angeles, Milan, New York, Orange County, Palo Alto, Paris, San Diego, San Francisco, Shanghai, Stamford, Tokyo and Washington, DC.