Elvira Palitu | White & Case LLP International Law Firm, Global Law Practice
 Elvira Palitu
 Elvira Palitu

Elvira Palitu

Associate, London

T +44 207 532 1375

E elvira.palitu@whitecase.com

Overview

Elvira is an associate in the Firm's Banking group and joined the London office in February 2011. Elvira's experience includes advising financial institutions and corporate borrowers in relation to a wide range of banking and finance transactions, including cross-border acquisition finance, leveraged finance and general bank lending.

Before joining White & Case in London and obtaining her qualification with the Firm as an English qualified lawyer, Elvira worked as a trade finance analyst for an international financial institution focusing on emerging markets in Central and Eastern Europe, as well as in Russia.

Elvira spent six months working in the Firm's Singapore office where her focus was on bank lending in the Southeast Asia and six months on secondment to the legal team working with the Loans Syndication Desk at BNP Paribas, London.

Bars and Courts

  • England and Wales

Education

  • Legal Practice Course, BPP Law School
  • Graduate Diploma in Law, BPP Law School
  • LLM, International Commercial and Business Law, University of East Anglia
  • DESS Droit International des Affaires, Université Jean Moulin, Lyon 3, France

Languages

  • English
  • French
  • Romanian
  • Russian

Experience

Represented Roust Trading Ltd. (RTL), an affiliate of Russian Standard Corporation, in connection with RTL's investment in and acquisition of Central European Distribution Corporation (CEDC), a leading producer of vodka and other spirits and a market leader in Russia, Hungary and Poland. The acquisition was accomplished through a prepackaged chapter 11 Plan of Reorganization funded by RTL.

Represented Bank of America Merrill Lynch, Credit Suisse, ING Bank, JP Morgan, ANZ, BNP Paribas, DBS Bank, Deutsche Bank, Goldman Sachs, Maybank, RBS, Standard Chartered Bank and BTMU as lenders in a highly successful US$750 million syndicated acquisition financing provided to PT Trans Retail, part of Indonesia's CT Corpora group. The funds are for Trans Retail's purchase of the remaining 60 percent of PT Carrefour Indonesia, the local unit of French retailer Carrefour that CT Corpora did not own. The final lender group comprised 39 banks, making the loan the most widely syndicated acquisition financing in the region.

Represented Deutsche Bank AG (New York) in connection with the US$2.1 billion senior secured credit facility (US$1.8 billion term facility; US$300 million revolver facility) for Colfax Corporation. The proceeds were used by Colfax to complete its cross-border acquisition of Charter International plc. The transaction was one of the first syndicated leverage financings done in compliance with the recently revised UK Takeover Code.

Represented Saudi Aramco on the proposed "giga" project financing of a world-scale integrated petrochemical complex to be located on a site within the perimeter of the Royal Commission for Jubail and Yanbu's Al Jubail Industrial City II on the east coast of Saudi Arabia.

Represented HSBC Bank PLC and Investec Bank PLC as mandated lead arrangers of £180 million debt financing provided to Bridgepoint Advisers Limited in respect of the acquisition of Wiggle Limited, a UK-based online cycling and sporting goods retailer which exports to 88 countries.