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Simpson Thacher Represents GSO Capital Partners in Joint Venture with Telefónica S.A.

04.16.14

The Firm represented GSO Capital Partners in its mobile advertising joint venture (Axonix Ltd) with an affiliate of Telefónica S.A., the Spanish broadband and telecommunications provider. Axonix intends to develop its mobile advertising business using certain intellectual property assets previously acquired out of Chapter 7 and Chapter 11 bankruptcy proceedings by an affiliate of GSO.

The Simpson Thacher team working on the transaction includes: Mike Wolfson, Sinjini Saha, Tom Merrifield, Linford Coates and Austen Heim (M&A); Soogy Lee, Jason Friedman, Ryan Song and Jonathan Pall (Bankruptcy and Restructuring/Credit); Jon Goldstein and Vanessa Grieve (Tax); and Lori Lesser, Noah Leibowitz and Jasmine Kaufman (Intellectual Property).