Felsberg e Associados Advises Pride International, inc. On us$ 1.5 Billion Contracts with Petrobras

The Rio de Janeiro Oil & Gas Department of Felsberg e Associados, coordinated by partner David L. Meiler has advised Pride International, Inc. during negotiations with Petroleo Brasileiro S.A. - Petrobras for the extension of the charter and service agreements for the semisubmersible drilling rigs Pride Portland and Pride Rio de Janeiro. Such deals represent a potential revenue to Pride International, Inc. of approximately US$ 1.5 billion in dayrates and bonuses, throughout the extension of the agreements.

Felsberg E Associados Advises Reem Advertising in R$1.5 Billion Real Estate Developer Transaction

Bracor Investimentos Imobiliários has just welcomed the arrival of four new partners. The company was created in 2006 by Equity Group (founded by Sam Zell) and the Brazilian entrepreneur Carlos Betancourt. After five months of negotiation, Bracor signed on December 18, 2007 to receive its new members: investment bank Morgan Stanley (USA), Berkley Capital Management LLC, a company of the American insurance group W. R. Berkley Corporation, a holding entity managed by Saudi Arabian group Olayan, and Reem Advertising LLC, a company managed by the Royal Group of the Abu Dhabi Emirate. Felsberg e Associados, lead by Partners Thomas Felsberg and Maria da Graça Pedretti and with the assistance of Associate Alberto Büll, advised Reem in this transaction.

With the introduction of these new investors, Bracor plans to invest an additional R$2 billion in Brazil’s corporate real estate market over the next two years. Today, Bracor’s portfolio exceeds R$1.5 billion with approximately 30 properties, with tenants such as Ambev, Alpargatas, Bosch Siemens, DHL, IBM, G.Barbosa and Firmenich.

Felsberg e Associados Advises on Multi-Billion Real Debenture Issue

Felsberg e Associados has provided legal representation to Bradesco Leasing S.A. Arrendamento Mercantil, in the capacity of issuing company, and Banco Bradesco BBI S.A., in the capacity of bank coordinator, on the registration of the public offering in the Brazilian market, of the 5th Issue of Non-Convertible Debentures, with the final sum of R$6,750,000,000.00, and also the filing of the Issuer's Securities Exchange Distribution Program, for the sum of R$10,000,000,000.00 with the Securities Exchange Commission.

The Felsberg e Associados team was coordinated by Vanessa Constantino Brenneke, under the supervision of Partner Thomas Benes Felsberg. Farley Menezes da Silva and Angélica Ramos de Frias worked as internal counsels at Bradesco BBI.

Felsberg e Associados Advises on Soccer Player Transfer

The 18-year old Brazilian soccer player Breno has transfered from São Paulo FC to Bayern Munich FC until 2012. Breno is the 31st Brazilian soccer player to play in the German Bundesliga. Brazilians represent the largest group of foreign players in the league.

Felsberg e Associados advised São Paulo FC in this transfer, the working team being Partner Carlos Miguel Castex Aidar and Associates Carlos Eduardo Ambiel, Marcel Santos and the intern Alexandre Miranda.

Felsberg e Associados Invests in Expansion of its Tax Department

Felsberg e Associados Tax Department, under the supervision of Partner Paulo Sigaud, has recently received an important addition. Attorney Ivan Luiz Sobral Campos has become the tax partner of the Rio de Janeiro office, being responsibile for providing support to the growing demand for the tax services provided by the office in that city.

During the twenty years which his career has spanned, Ivan has played a large part in the activities of the so-called ‘Big Four’ consultancy companies, as well as legal companies, taking care of clients in a number of sectors including pharmaceuticals, telecommunications, petroleum, technology and beverages.

A law graduate from the Gama Filho University in Rio de Janeiro, he has been part of the teams at KPMG Auditing and Consultation, White Martins, Coopers & Lybrand Consultants and Veirano Advogados.