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… corporate treasury groups will need time to adjust their own systems to the LIBOR alternatives being offered by their banks and lenders, and until the banks settle what those alternatives look like, treasurers are in a wait-and-see mode, and will need to catch up once their options become more clear.” For more insights on the LIBOR transition, follow McGuireWoods’ LIBOR Transition Blog.

… have distinguished themselves with their skill and commitment to excellent client service and they will make important contributions to McGuireWoods’ continued success.”

McGuireWoods served as legal adviser to SPX Corp., a supplier of highly engineered products and technologies, in its $77 million acquisition of marine and aviation lighting assets from Carmanah Technologies Corp. This is the fourth transaction the firm has handled for SPX over the past two years.Carmanah is a publicly traded Canadian company that designs, develops and distributes products focused on energy-optimized LED solutions for infrastructure. The acquisition constitutes substantially all of Carmanah …

McGuireWoods represented SPX Corporation, a supplier of highly engineered products and technologies, in its $189 million acquisition of CUES Inc., a leading manufacturer of pipeline inspection and rehabilitation equipment.As a result of the deal, which closed June 7, CUES became an indirect wholly-owned subsidiary of SPX.David Whelpley, who chairs the firm’s M&A, Energy & Private Equity Transactions Department, and Robert Crawford led McGuireWoods’ legal team, joined by M&A lawyers Sarah …

… corporate and securities matters, repeatedly ranking among the top 20 law firms in multiple categories for debt and equity issuances. *Licensed to practice law in New York, but not in North Carolina where his resident office is located.