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Mayer Brown Is Advising City of Chicago in Landmark Deal to Privatize Midway Airport

30 September 2008
30 September 2008 − Mayer Brown LLP is representing the City of Chicago in a groundbreaking $2.521 billion transaction to privatize Midway Airport. This marks the first privatization of a major American airport. The deal will provide unprecedented benefits for the traveling public, the airlines and the taxpayers of Chicago according to Chicago Mayor Richard M. Daley.

The winner bidder for the long-term lease of Midway Airport is Midway Investment and Development Company, LLC, a consortium consisting of Citi Infrastructure Investors, YVR Airport Services Ltd. and John Hancock Life Insurance Co..

The Mayer Brown team is being led by partners John Schmidt, David Narefsky and Joe Seliga.

Mayer Brown has worked with the City of Chicago on other major privatization projects in the past such as when it advised the city on its $1.83 billion privatization of the Chicago Skyway Toll Bridge in 2005.

The Midway deal was covered in a story in the online edition of the American Laywer.  See this link: for that article.

Related Information

  • Related People
    David Narefsky
    T +1 312 701 7303
    John R. Schmidt
    T +1 312 701 8597
    Joseph Seliga
    T +1 312 701 8818
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