Paul Hastings News

Paul Hastings in Top Rankings for M&A in 2011 League Tables

Fri, 03 Feb 2012 00:00:00 Z

New York, NY (February 03, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm received top rankings for its global M&A work for 2011 from Mergermarket's, Thomson Reuters’ and Bloomberg’s global legal adviser league tables.

Paul Hastings ranked in Mergermarket’s “Top Announced Deal in California 2011” for the firm’s role in the 99 Cents Only Store acquisition and the “Top Announced Inbound Deals by Rest of Asia” for the firm’s role in the Festival Walk transaction.

In addition, Paul Hastings ranked in the top 10 for the following categories:

Mergermarket’s Georgia (US) Roundup 2011 Legal Adviser League Tables by Deal Count
Mergermarket’s Illinois M&A Roundup 2011 Legal Adviser League Tables by Deal Count
Mergermarket’s Deal Value Legal Advisers to South Korean M&A
Thomson Reuters’ French Involvement Small Cap: Deal Value
Thomson Reuters’ French Involvement Small-Cap: Deal Count

Paul Hastings also ranked in the top 20 for the following categories:

Mergermarket’s League Table of Legal Advisers to Global Buyouts: Deal Count
Mergermarket’s Legal Advisers to French M&A: Deal Count
Mergermarket’s League Table of Legal Advisers to US Buyouts: Deal Count
Mergermarket’s League Table of Legal Advisors to US M&A: Deal Count
Mergermarket’s Legal Advisers to US (Mid-West) M&A: Deal Count
Mergermarket’s Legal Advisers to US (West) M&A: Deal Count
Mergermarket’s Legal Advisers to South Korean M&A: Deal Value
Mergermarket’s Legal Advisers to South Korean M&A: Deal Count
Mergermarket’s Legal Advisers to California M&A: Deal Count
Mergermarket’s Legal Advisers to California Mid-Market M&A: Deal Count
Mergermarket’s Hong Kong Legal Advisor League Table: Deal Value
Mergermarket’s Hong Kong Legal Advisor League Table: Deal Count
Thomson Reuters Global Tables: US Target Announced: Deal Count
Thomson Reuters Global Mid-Market League Tables: Worldwide Mid-Market Rankings: Deal Count
Thomson Reuters Global Mid-Market League Tables: US Target Mid-Market: Deal Count
Thomson Reuters Global Mid-Market League Tables: US Target Mid-Market: Deal Volume
Thomson Reuters Global Mid-Market League Tables: French Involvement Mid-Market: Deal Count
Thomson Reuters Global Mid-Market League Tables: German Involvement Mid-Market: Deal Value
Thomson Reuters Global Mid-Market League Tables: Hong Kong Involvement Mid-Market: Deal Count
Thomson Reuters Global Mid-Market League Tables: Chinese Involvement Mid-Market: Deal Count
Thomson Reuters Global Small-Cap League Tables: Worldwide Small-Cap Rankings: Deal Count
Thomson Reuters Global Small-Cap League Tables: US Target Small-Cap: Deal Count
Thomson Reuters Global Small-Cap League Tables: US Target Small Cap: Deal Value
Thomson Reuters Global Small-Cap League Tables: French Involvement Small-Cap: Deal Value
Thomson Reuters Global Small-Cap League Tables: Benelux Involvement Small-Cap:Deal Count
Thomson Reuters Global Small-Cap League Tables: Hong Kong Involvement Small Cap: Deal Count
Thomson Reuters Global Small-Cap League Tables: Chinese Involvement Small Cap: Deal Count
Thomson Reuters Global Small-Cap League Tables: Chinese Involvement Small-Cap: Deal Value
Bloomberg: France Announced Deals: Deal Count
Bloomberg: Hong Kong Announced Deals: Deal Value
Bloomberg: South Korea Announced Deals: Deal Count

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Greenway Medical Technologies, Inc. in Initial Public Offering

Thu, 02 Feb 2012 00:00:00 Z

Atlanta, GA (February 2, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Greenway Medical Technologies, Inc. (NYSE: GWAY), a leading provider of innovative EHR, ambulatory healthcare and clinical research business solutions and services, in its initial public offering on the New York Stock Exchange.

J.P. Morgan and Morgan Stanley acted as lead active book-runners and William Blair acted as passive book-runner.

Corporate partner Reinaldo Pascual led the Paul Hastings team, which also included associates Brian Teras and Diane Nesson.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Continues San Francisco Growth with Top Environmental and Energy Partner

Mon, 23 Jan 2012 00:00:00 Z

San Francisco, CA (January 23, 2012) - Paul Hastings LLP, a leading global law firm, announced today that Kevin Poloncarz has joined the Environmental and Energy practice in San Francisco as partner. Mr. Poloncarz, an air quality and climate change expert, joins from Bingham McCutchen LLP, where he was co-chair of the Climate Change practice.

“In the coming decade, the permitting and compliance issues related to air quality and climate change will become increasingly important,” said Peter Weiner, chair of the Environmental and Energy practice. "Kevin’s recognized capabilities in air quality and climate change regulatory work will be a clear market advantage at a strategic time and will complement our deep, multi-disciplinary environmental and energy regulatory practices across California and our national environmental and energy law capabilities,” he added.

“We are delighted to welcome Kevin, who marks the third partner addition to our San Francisco office over the past five months,” said Kirby Wilcox, chair of the San Francisco office. “His arrival demonstrates Paul Hastings’ commitment to continuing to grow this office and increase our environmental and energy capabilities,” he added.

An authority on matters involving air quality and climate change, Mr. Poloncarz represents clients, primarily in the energy sector, in environmental compliance and enforcement proceedings and administrative litigation. For both conventional and renewable electric generators, he obtains state and federal permits and defends those permits in resulting appeals, including for the first federal air permit to regulate greenhouse gas (GHG) emissions from a power plant. Mr. Poloncarz is also actively involved in the development of federal, state and local policies and regulation to address air quality and climate change, including California’s development of a GHG cap-and-trade program under Assembly Bill (AB) 32.

Mr. Poloncarz ‘s hire follows the arrival of Holly House, former co-chair of the antitrust and trade regulation practice group at Bingham McCutchen LLP, in September 2011, and the announcement of antitrust and payments systems partner Thomas Brown’s arrival.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Artemis Real Estate Partners in Formation of $436 Million Fund

Fri, 20 Jan 2012 00:00:00 Z

New York, NY (January 20, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Artemis Real Estate Partners, LLC, in the formation of Artemis Real Estate Partners Fund I, L.P., a $436 million fund. The fund held its final closing on January 6, 2012, raising capital from a diverse investor base including public and private pension funds, foundations, family offices and high net worth individuals.

The fund was formed to make opportunistic debt and equity investments in office, retail, industrial, multifamily and senior housing properties, with an initial focus on distressed situations and nonperforming loans. Artemis Real Estate Partners, LLC is a private equity real estate investment manager headquartered in the Washington D.C. metropolitan area, co-founded by Penny Pritzker and Debbie Harmon in 2009.

Paul Hastings has worked with Artemis since its inception, and also represented Artemis earlier in 2011 in connection with its establishment of a $300 million real estate separate account with New York State Common Retirement Fund, targeting enhanced core returns.

Josh Sternoff of Paul Hastings’ Private Investment Fund practice group led the firm’s efforts on the Fund, aided by tax partner Kristen Winckler and associates Jonathan Panek and Matthew Brigham. Private funds partner Tom Rao handled the work on the Fund’s subscription facility.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Cortec Group in Cranial Technologies, Inc. Acquisition

Thu, 19 Jan 2012 00:00:00 Z

Chicago, IL (January 19, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Cortec Group, a New York-based middle-market private equity firm, in its acquisition of Cranial Technologies, Inc., a developer, manufacturer and provider of medical devices and services for the treatment of positional plagiocephaly in infants.

Terms of the transaction were not announced.

Private equity partner Brian Richards led the Paul Hastings team, which also included of counsel Christopher Sheaffer and Tax partner Ziemowit Smulkowski.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Sekisui House on U.S. Acquisition

Wed, 18 Jan 2012 00:00:00 Z

Tokyo (January 18, 2012) – Paul Hastings, a leading global law firm, announced today that it has advised North America Sekisui House, LLC (“NASH”), the wholly-owned subsidiary of Sekisui House, Ltd - Japan’s largest homebuilder and a leading diversified developer, in its acquisition of the largest operating portfolio of residential master-planned communities in the United States. The acquisition was made through a new joint venture between NASH and Newland Real Estate Group LLC (“Newland”), a national real estate development company based in San Diego, California.

The purchase of the interests of the California Public Employees’ Retirement System and American Newland Communities LP marks the third and largest acquisition NASH and Newland have made together over the past 16 months. Through a joint venture in August 2010, they acquired land adjacent to Newland’s Cinco Ranch in Houston, Texas and in March 2011 they acquired land in the Seattle/Tacoma metro area of Pierce County, Washington.

Paul Hastings advised on all three acquisitions and has supported NASH over the years on their expansion plans, helping them gain a foothold in the U.S. property market.

The Paul Hastings team was led by partners Josh Isenberg and Derek Roth, with support from partner Tom Mounteer, Of Counsel Michael Bradford and associates Edgar Khalatian, Antonella Castro and Joshua Bird.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information

Paul Hastings Represents Pro Bono Client Carlos Martinez Gutierrez in Supreme Court Deportation Case

Tue, 17 Jan 2012 00:00:00 Z

San Francisco, CA (January 17, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm is representing client Carlos Martinez Gutierrez on a pro bono basis in Holder v. Gutierrez, a case before the Supreme Court from the San Francisco-based 9th U.S. Circuit Court of Appeals. The Supreme Court will decide whether Mr. Martinez Gutierrez, who came to the United States as a child, can use the length of his father's lawful permanent residence to become eligible for relief from removal from the country under federal immigration laws.

The Supreme Court's decision in this case will have important implications for certain immigrants who have long-standing ties to this country but who have faced delays in achieving lawful permanent resident status.

Paul Hastings partner Stephen Kinnaird, who will argue the case, says, “This case raises the important issue of whether the immigration authorities should construe ambiguous statutory language in light of important federal immigration policy goals of promoting family unity and preventing undue hardship, rather than construing the statute to have harsh results that do not serve any federal policy purpose."

The Paul Hastings team is lead by partner Stephen Kinnaird with the assistance of Paul Hastings lawyers Igor Timofeyev, Tamara Graham, Maria Davis, Scott Carlton, Michelle Yetter, and Devon Winkles, as well as co-counsel Stephanos Bibas of the University of Pennsylvania Law School Supreme Court Clinic and Dario Aguirre and Michael Franquinha of the Aguirre Law Group LLP.

Paul Hastings Represents Citigroup and BofA Merrill Lynch as Joint Book Runners in Sun Communities, Inc. Follow-On Public Offering

Tue, 17 Jan 2012 00:00:00 Z

New York, NY (January 17, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup and BofA Merrill Lynch as joint book-running managers for Sun Communities, Inc.’s (NYSE: SUI) follow-on public offering.

Sun Communities, Inc., a real estate investment trust that owns, operates and develops manufactured housing communities, sold a total of 4,600,000 shares of common stock priced at $35.50 per share. The transaction raised gross proceeds of $163,300,000.

Co-managers in the offering included BMO Capital Markets, Gleacher & Company, Comerica Securities and PNC Capital Markets LLC.

Securities & Capital Markets partner Michael L. Zuppone and senior associate Yariv Katz led the Paul Hastings team, which also included associates Margaret Tong and Keith Gartner.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC Capital Markets, BMO Capital Markets and Deutsche Bank Securities In $1.6 Billion Acquisition of 99 Cents Only Stores

Fri, 13 Jan 2012 00:00:00 Z

New York, NY (January 13, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented the lead arrangers RBC Capital Markets and BMO Capital Markets in connection with the financing for the completion of Ares Management LLC and Canada Pension Plan Investment Board’s $1.6 billion acquisition of 99 Cents Only Stores (NYSE: NDN).

The financing consisted of a $175 million ABL Facility, a $525 million first lien term facility and $250 million senior unsecured notes. In connection with the financing, the firm also represented RBC Capital Markets, LLC, BMO Capital Markets Corp. and Deutsche Bank Securities Inc. as initial purchasers on the high-yield bond offering.

Leveraged finance partners Michael Baker, Richard Farley, Michele Cohen and Mario Ippolito led the Paul Hastings team, which also included of counsel Randal Palach.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents GI Partners in Waypoint Real Estate Investment

Fri, 13 Jan 2012 00:00:00 Z

Costa Mesa, CA (January 13, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented GI Partners, a leading mid-market private equity firm, in its equity investment in Waypoint Real Estate Group, the nation’s leading acquirer of distressed, single-family properties.

The initial GI investment will enable Waypoint to acquire more than $250 million in single family rental homes and launch a national expansion. With follow-on funding from GI, Waypoint anticipates being able to ultimately support the acquisition of more than $1 billion in single-family rental homes over the next two years.

Private equity partner William Simpson led the Paul Hastings team, which also included associate Jason Rednour.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises China Everbright on US$100 Million Facility from ADB

Thu, 12 Jan 2012 00:00:00 Z

Hong Kong (January 12, 2012) - Paul Hastings, a leading global law firm, announced today that it advised China Everbright International Limited (“China Everbright”), a company whose shares are listed on the Hong Kong Stock Exchange, in relation to a “B-loan” of US$100 million (“B-Loan”). This loan is part of the US$200 million project financing provided by Asia Development Bank (“ADB”) to a wholly-owned subsidiary of China Everbright in 2009. The B-Loan is structured such that ADB is the “lender of record” with 6 commercial banks (including 3 Taiwanese banks) funding the loan as participants. Mizuho Corporate Bank, Ltd. and Hang Seng Bank Limited acted as participation arrangers.

The proceeds of the B-Loan will be used to finance waste-to-energy projects in various cities across China and marks ADB’s first syndicated loan to a Chinese company since 2007. It also marks the first time a Taiwanese commercial bank has provided lending directly to a Chinese company.

In 2009, Paul Hastings advised China Everbright on the US$100 million “A-loan” disbursed solely by ADB to a wholly-owned subsidiary of China Everbright.

Corporate partners Raymond Li and Vivian Lam led the Paul Hastings team, which included of counsel Jenny Lau and associates Erika Wan and Ling Ling.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings European Leveraged Finance and Capital Markets Practice Welcomes Leading New Partner

Thu, 12 Jan 2012 00:00:00 Z

Frankfurt, Germany and London, UK (January 12, 2012) - Paul Hastings LLP, a leading global law firm, announced today that Karl F. Balz has joined the Leveraged Finance and Capital Markets practice in Frankfurt, Germany, and London, UK, as a partner. Mr. Balz, previously with Hengeler Mueller, London, has considerable experience in leveraged finance and capital markets, in particular high yield bond offerings. His practice also encompasses M&A work and restructurings.

"Karl has been involved at the cutting edge of a range of financing, M&A and restructuring deals on both sides of the Atlantic. His extensive experience in high yield reflects our strong push into the European leveraged finance market and consolidates and enhances our global service offering in that field," said William Schwitter, chair of the Leveraged Finance practice at Paul Hastings.

"We are very much looking forward to working with Karl. He has spearheaded some landmark deals in new areas of German law, is an authority on US cross-border transactions and is a respected author on High Yield Bond and Refinancing law," Peter Smeets, chair of the Frankfurt office, added.

"Karl's knowledge and expertise will be a great benefit to the European practice and his appointment demonstrates our commitment to continued investment in the Leveraged Finance and Capital Markets areas," commented Ronan O'Sullivan, chair of the London office.

Mr. Balz's practice focuses on securities offerings with an emphasis on high yield bond and rights offerings, leveraged financings, restructurings, mergers and acquisitions and private equity transactions. Prominent deals in which Mr. Balz has played a significant role include: Heidelberger Druckmaschinen's offering of €304 million 9.25% Senior Notes due 2018, KUKA's offering of €202 million 8.75% Senior Second Priority Notes due 2017, Phoenix Pharmahandel's offering of €506 million 9.625% Guaranteed Senior Unsecured Notes due 2014, Klöckner & Co's 2011 and 2009 rights offerings of approximately €527 million and €200 million, respectively, as well as IBM's acquisition of Systems, Research and Development and Bristol-Myers Squibb's sale of its consumer medicine business to Novartis.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises on Shuanghui International’s US$2.5 Billion General Offer

Wed, 11 Jan 2012 00:00:00 Z

Hong Kong (January 11, 2012) - Paul Hastings, a leading global law firm, announced today that it represented Shuanghui International Holdings Limited (“Shuanghui International”) and its subsidiaries (collectively, the “Shuanghui Group”), including Henan Shuanghui Investment Development Co. Ltd. (“Shuanghui Investment”) which is an A-share company listed on the Shenzhen Stock Exchange, in one of the largest public company merger and acquisition transactions in China. The Shuanghui Group is a large-scale food processing company in China whose major shareholders include CDH Investments, Goldman Sachs, Temasek (the Singapore government’s investment firm) and New Horizon (a leading China-focused private equity fund).

This transaction involved a series of offshore shareholding restructurings among the shareholders of Shuanghui International as well as a highly complex asset restructuring within the Shuanghui Group at an aggregate consideration of US$4.6 billion. Part of the consideration was paid by Shuanghui Investment by issuing A-shares to another subsidiary of Shuanghui International, which was then required to make a general offer of US$2.5 billion to acquire the A-shares held by other shareholders of Shuanghui Investment.

In addition to acting for the Shuanghui Group in the offshore shareholding restructurings, Paul Hastings also advised on offshore legal and regulatory issues in relation to the asset restructuring and the general offer.

The Paul Hastings team was led by partner Raymond Li, assisted by of counsel Jenny Lau and associates Pei Fang and Ling Ling.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Continues Antitrust and Competition Expansion with Addition of Prominent Partner in San Francisco

Thu, 05 Jan 2012 00:00:00 Z

San Francisco, CA (January 5, 2012) - Paul Hastings LLP, a leading global law firm, announced today that Thomas Brown will join the Antitrust and Global Competition and the Global Banking and Payments Systems practices in San Francisco as partner in 2012. Mr. Brown, an antitrust lawyer with nationally recognized payment systems expertise, will join from O’Melveny & Myers LLP, where he is a partner.

“Tom has a cutting-edge practice at the convergence of financial services, IT and antitrust, particularly in the area of payment systems, where Tom is among the leading practitioners with concentrated across-the-board expertise for this emerging and constantly evolving industry, helping us expand our capabilities serving the financial services sector and technology clients throughout the firm’s global network,” said Michael Cohen, chair of the Antitrust and Global Competition practice. "His arrival will mark the continued strengthening of our important West Coast antitrust presence, particularly in the Northern California technology corridors,” he added.

“We have strengthened our global antitrust capabilities significantly over the past year,” said William Sullivan, chair of the firm’s Litigation department. “Tom’s addition will enhance and reinforce the strategic connection we have been building between our payments systems, antitrust, IP and regulatory practices,” he added.

Mr. Brown’s practice focuses on competition law and legal issues affecting the financial services industry. In addition to strategically advising payment systems and financial services clients across a broad spectrum of regulatory issues, he has litigated notable antitrust cases, including class actions, in the financial services industry for more than fifteen years. Mr. Brown recently helped eBay defeat a putative class action in which plaintiffs claimed that eBay’s acquisition of PayPal enabled the company to charge supracompetitive fees. He was also a member of the trial team that handled the defense of the then largest civil antitrust class action in U.S. history for Visa U.S.A. Inc., In re Visa Check/MasterMoney Antitrust Litigation.

Immediately prior to joining O’Melveny, Mr. Brown was Vice President, Senior Counsel at Visa U.S.A. Inc. There he was responsible for managing the aftermath of the settlement in In re Visa Check/MasterMoney Antitrust Litigation, including the dozens of consumer class actions that were filed following the settlement. He was also deeply involved in the company’s transformation from a co-op to a shareholder owned company.

Mr. Brown’s hire will follow the arrival of Holly House, former co-chair of the antitrust and trade regulation practice group at Bingham McCutchen LLP, in September 2011, and the hire of Scott Hataway, a former U.S. DOJ Antitrust Division trial lawyer, who joined the firm’s Antitrust and Global Competition practice as partner in Washington, DC in March 2011 from Howrey LLP.

Paul Hastings Ranks in Top Rankings in Bloomberg’s Capital Markets 2011 League Tables

Thu, 05 Jan 2012 00:00:00 Z

New York, NY (January 05, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm received top rankings for its global capital markets activity for 2011 in Bloomberg’s global legal adviser league tables.

Top Five law firm for Asia ex-Japan Equity Linked Manager Advisers by Deal Count
Top 10 law firm for Asia ex-Japan equity Linked Manager by Volume
Top 10 law firm for Asia ex-Japan Equity IPO Manager Advisers by Deal Count
Top 10 law firm for HKSE Equity IPO Manager Advisers by Deal Count
Top 20 law firm for HKSE IPO Manager Advisers by Volume
Top 20 law firm for Canadian Corporate Manager Advisers by Volume

Bloomberg capital markets league tables represent publicly disclosed transactions announced between January 1, 2011 and December 31, 2011.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents H.I.G. WhiteHorse as a Lender in Financing of Acella Pharmaceuticals and Affiliates

Wed, 04 Jan 2012 00:00:00 Z

Atlanta, GA (January 04, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented H.I.G. Whitehorse, a debt investment provider to middle market companies, as a lender in connection with a $65 million term loan facility for, specialty pharmaceutical company, Acella Pharmaceuticals, LLC and its affiliates, Neuvosyn Laboratories, LLC and Avion Pharmaceuticals, LLC.

Finance and restructuring partner Chris Molen led the Paul Hastings team, which also included partner Paul Quinn and associates Chadwick Werner, Paul Puckett and Maria Merritt.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC Capital Markets, BMO Capital Markets and Deutsche Bank Securities Inc. as Initial Purchasers on 99¢ Only Stores’ High-Yield Offering

Thu, 29 Dec 2011 00:00:00 Z

New York, NY (December 29, 2011) - Paul Hastings LLP, a leading global law firm, announced that the firm has represented RBC Capital Markets, LLC, BMO Capital Markets Corp. and Deutsche Bank Securities Inc. as initial purchasers in connection with the Rule 144A/Reg S offering of $250 million of 11% senior notes due 2019 by Number Merger Sub, Inc. The offering closed into escrow today and, subject to certain conditions including the consummation of the acquisition (the “Acquisition”) of 99¢ Only Stores by affiliates of Ares Management LLC and the Canada Pension Plan Investment Board, the obligations under the notes will be assumed by 99¢ Only Stores and guaranteed by certain of its subsidiaries and the net proceeds of the notes will be used to partially finance the Acquisition.

Leveraged Finance partner Richard Farley and of counsel Randal Palach led the Paul Hastings team, which included partner Michael Baker and associates Joseph Fastiggi, Edward Holmes and Heidi Spalholz.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC in Financing HM Capital Partners’ Acquisition of Milk Specialties Company

Tue, 27 Dec 2011 00:00:00 Z

New York, NY (December 27, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada and BNP Paribas as lead arrangers and Royal Bank of Canada as administrative agent for the senior secured financing of HM Capital Partners’ acquisition of Milk Specialties Company.

The senior secured financing consists of a $160 million first lien senior secured term loan and revolving credit facility and a $60 million second lien senior secured term loan facility.

Leveraged Finance partner Michael Baker and of counsel Randal Palach led the Paul Hastings team, which also included associates Joseph Fastiggi, Heidi Spalholz and Julie Park.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC in Financing High Liner Food’s Acquisition of Icelandic Group’s US and Asian Operations

Fri, 23 Dec 2011 00:00:00 Z

New York, NY (December 23, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada as lead arranger and administrative agent for the senior financing of High Liner Foods' acquisition of Icelandic Group's U.S. and Asian operations.

The senior financing consists of a $250 million senior secured term loan facility and a $180 million asset-based revolving credit facility.

Leveraged Finance partner Michael Baker and of counsel Randal Palach led the Paul Hastings team, which also included associates Laurice Thrasher, Shekhar Kumar and Felicia Yen.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Samsung Electronics in US$1.4 Billion Sale of Hard Disk Drive Operations to Seagate Technology

Thu, 22 Dec 2011 00:00:00 Z

Hong Kong/Palo Alto CA (December 22, 2011) - Paul Hastings, a leading global law firm, announced today that the firm represented Samsung Electronics Co. Ltd, a world leader in digital consumer electronics and information technology, in the sale of its hard disk drive (HDD) operations to Seagate Technology plc (NASDAQ: STX), the world leader in hard disk drives and storage solutions. The transaction closed on December 19.

The combined value of the transactions and agreements is approximately US$1.4 billion. The deal was announced in April of 2011.

The Paul Hastings global M&A team was led by partners Matthew Berger and Daniel Kim and the global Antitrust and Competition team was led by partners Scott Hataway, Michael Cohen and Pierre Kirch.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Strategic Hotels & Resorts, Inc. in Novel Tender Offers Involving a Deferred, Contingent Dividend

Thu, 22 Dec 2011 00:00:00 Z

New York, NY (December 22, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Strategic Hotels & Resorts, Inc. (“Strategic”), a real estate investment trust which owns and provides value-enhancing asset management of high-end hotels and resorts, in connection with its successful tender offers (the “Offers”) for specified amounts of each of its three series preferred shares (the “Preferred Shares”).

“Prior to the Offers, Strategic had not paid dividends on the Preferred Shares for eleven quarters. Working with Maryland local counsel, we were are able to design a tender offer that exploited a loophole in the company's charter, which contained the standard restriction prohibiting repurchases while there were dividend arrearages,” said Michael L. Zuppone, chair of Paul Hastings’ securities and capital markets practice group.

Strategic declared dividends with respect to all unpaid dividends through December 31, 2011 and set apart for payment a sum sufficient to pay those unpaid dividends. However, payment was expressly deferred until June 29, 2012 and contingent on the satisfaction of all conditions to the Offers, including the condition that a minimum number of Preferred Shares be tendered in the Offers. Hence the moniker, "deferred, contingent dividend."

All of the conditions to the Offers were satisfied, and Strategic will purchase approximately $86.1 million in value of its Preferred Shares.

Securities & Capital Markets partner Michael L. Zuppone and of counsel Keith D. Pisani led the Paul Hastings team, which also included associates Margaret Tong, Michelle Yang and Melissa B. Fishkin.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Rockwood Capital and Vestar in Retail Joint Venture and Financing

Mon, 19 Dec 2011 00:00:00 Z

San Francisco, CA (December 19, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Rockwood Capital, LLC, a private real estate investment firm, and Vestar, a commercial development and management company, in a joint venture to acquire Real Property known as The District at Green Valley Ranch, a retail shopping center within a mixed development community in Henderson, Nevada.

Terms of the transaction were not disclosed. Paul Hastings also represented the joint venture in arranging financing for the purchase.

Real estate partner Steve Berkman led the Paul Hastings team, assisted by associates Christopher Yee, Daniel Hick and Joshua Bird.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Receives Multiple FinanceAsia Awards

Fri, 16 Dec 2011 00:00:00 Z

Hong Kong (December 16, 2011) – Paul Hastings, a leading global law firm, announced today that it has been awarded four “Deal of the Year” awards by FinanceAsia, one of the region’s leading publications covering the Asian financial markets.

The firm won in the following categories:

• Best Equity-Linked Deal – for our role advising the underwriters in Lotte Shopping’s US$900 million dual currency convertible bond

• Best Mid-Cap Equity Deal - for our role advising Puregold Price Club on its US$172 million Philippine IPO

• Best China Deal – for our role advising the lead arrangers in providing US$470 million acquisition financing to Home Inns in connection with its purchase of Motel 168

• Best Vietnam Deal – for our role advising K-EXIM on the US$1.5 billion debt financing for a power plant development – Mong Duong 2 – in Vietnam

Paul Hastings also recently received three “Deal of the Year” awards from China Business Law Journal for Far East Horizon’s US$757 million IPO, China SCE Property’s US$301 million synthetic offshore RMB bond and Home Inns’ US$470 million acquisition of Motel 168.

IFR Asia also awarded the Lotte Shopping convertible bond deal "Equity-linked Deal of the Year" and "South Korea Capital Markets Deal of the Year" , the Mong Duong 2 deal "Best Vietnam Capital Markets Deal" and the Home Inns acquisition financing deal "Best China Loan Deal".

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Barrington Broadcasting Group LLC in $195 Million Financing

Wed, 14 Dec 2011 00:00:00 Z

New York, NY (December 14, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Barrington Broadcasting Group LLC, an owner of 24 television stations in 15 markets, in obtaining a $195 million senior secured credit facility and in a related tender offer and consent solicitation for all of its outstanding of senior subordinated notes.

Bank of America, N.A. acted as administrative agent in the financing.

Leveraged finance partners Michael Chernick and Jeffrey Pellegrino led the Paul Hastings team, which also included M&A media partner Eric Greenberg and associates Karen Contoudis and Melissa Muscat.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Intrepid Museum Foundation in Acquisition of Space Shuttle Enterprise

Tue, 13 Dec 2011 00:00:00 Z

New York, NY (December 13, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented, on a pro bono basis, Intrepid Museum Foundation, which operates the Intrepid Sea, Air & Space Museum in New York City, in its acquisition of Space Shuttle Enterprise from the National Aeronautics and Space Administration (NASA).

The Enterprise will move to the Museum in the summer of 2012. Additional details about the deal can be found on the Intrepid Museum’s website.

Real estate partner Robert Wertheimer led the Paul Hastings team, which included partners Charles Patrizia and Robert Sherman and senior associate Nathalia Bernardo.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Boot Barn In Sale By Marwit Capital

Tue, 13 Dec 2011 00:00:00 Z

Orange County, CA (December 13, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Boot Barn, Inc., a leading western and work wear retailer with 85 stores in eight states, in its sale to Freeman Spogli & Co., a private equity investment firm. Boot Barn's private equity sponsor was the Firm's long time client Marwit Capital, which specializes in investments in middle market and lower middle market businesses.

Terms of the transaction were not disclosed.

Private equity partner William Simpson led the Paul Hastings team, which also included associate Joseph Swanson.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Wins Award for Women’s Initiative Program

Mon, 12 Dec 2011 00:00:00 Z

Hong Kong (December 12, 2011) – Paul Hastings, a leading global law firm, announced today that it was awarded “Best Gender Diversity Initiative by an International Firm” at Euromoney Legal Media Group's inaugural Asia Women in Business Law Awards 2011. The awards recognize the individuals and firms most dedicated to the advancement of women in the legal profession in Asia.

The award was received for Paul Hastings’ Women’s Initiative Program which was launched in 2009. The program promotes the growth and expansion of the firm’s women’s attorney networks, forms alliances with global women's organizations and creates a series of women-focused professional development and leadership events.

Partners Lesli Ligorner, Vivian Lam, Patricia Tan Openshaw and Catherine Tsang lead Paul Hastings’ women initiatives in Asia.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Dong-A Pharmaceutical on Strategic Collaboration Partnership with Meiji

Thu, 08 Dec 2011 00:00:00 Z

Hong Kong and Palo Alto, CA (December 8, 2011) - Paul Hastings LLP, a leading global law firm, announced today that it advised Dong-A Pharmaceutical Co., Ltd. (Dong-A), a leading Korean pharmaceutical company, on its long-term strategic collaboration partnership with Meiji Seika Pharma Co., Ltd (Meiji), a Japanese pharmaceutical company, with respect to biosimilars.

As part of the strategic collaboration partnership, Dong-A and Meiji will establish a joint venture company and construct a cGMP-compliant biosimilar construction plant in Songdo, South Korea to target the global markets with antibody based drugs, including Herceptin. Dong-A and Meiji will also collaborate on the research, development, manufacture and commercialization of biosimilar products in global markets. The strategic collaboration partnership between Dong-A and Meiji is expected to enable the parties to share their respective biopharmaceutical technologies and globally expand their respective biosimilars businesses.

Corporate partners Matthew Berger and Daniel Kim and associates Tiffany Lee and Dongho Lee led the Paul Hastings team.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Publicis on Acquisition of Chinese Digital Marketing Company

Wed, 07 Dec 2011 00:00:00 Z

Shanghai (December 7, 2011) - Paul Hastings LLP, a leading global law firm, announced today that it advised Publicis Groupe, the third largest advertising and communications group in the world, on its acquisition of Beijing-headquartered Gomye, a full service digital agency providing integrated and interactive marketing services. Through the acquisition, Gomye will become part of the Publicis Modem brand.

Paul Hastings previously advised Publicis on its acquisition of Eastwei Relations, one of China’s first independent public relations and strategic communications consultancies.

The Paul Hastings team was led by partners David Wang and Lesli Ligorner with support from associate Su-Li Chan.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Puregold Price Club on its Initial Public Offering

Wed, 07 Dec 2011 00:00:00 Z

Hong Kong (December 7, 2011) – Paul Hastings, a leading global law firm, announced today that it advised Puregold Price Club, Inc. (“Puregold”), the second largest retailer among hypermarkets, supermarkets and cash and carries in the Philippines, on its Philippine Stock Exchange initial public offering (IPO).

This transaction marks the second Philippine IPO this year and the first Philippine IPO offered with a Rule 144A/Reg S tranche to international investors this year.

The Paul Hastings team was led by partners Patricia Tan Openshaw and Steven Winegar with support from David Dwyer and Jordan Baggs.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents JP Morgan As Sole Sponsor and Depositary In Coach Secondary Listing on Hong Kong Stock Exchange

Fri, 02 Dec 2011 00:00:00 Z

Hong Kong/ New York (December 2, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented leading financial services firm JP Morgan (JPM), as the sole sponsor and the depositary bank, on the secondary listing of Hong Kong Depositary Receipts (HDRs) of Coach, Inc., a leading marketer of modern classic American accessories, on the Main Board of the Hong Kong Stock Exchange (HKEx).

Coach, Inc. (NYSE-COH; HKEx-6388) is the first company incorporated in the United States to list in Hong Kong.

Paul Hastings' New York-based Securities & Capital Markets partner Scott Saks led the Paul Hastings team, which included Hong Kong-based Securities & Capital Markets partners Catherine Tsang and Steve Winegar as well as New York-based Securities & Capital Markets partner Michael Zuppone and of counsel Keith Pisani.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC In Financing For GTCR Acquisition of Fundtech

Fri, 02 Dec 2011 00:00:00 Z

New York, NY (December 02, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada as lead arranger and administrative agent for the senior financing of GTCR’s $390 million acquisition of Fundtech Ltd. (NASDAQ: FNDT), a leading provider of banking software and services to global financial institutions.

The senior financing consists of a $200 million term loan facility and a $25 million revolving credit facility. A group of financial institutions provided $50 million in mezzanine subordinated notes.

Leveraged Finance partner Michael Baker led the Paul Hastings team, which also included Leveraged Finance partner Michele Cohen and associates Marc Bacigalupo and Ryan Russell.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC in Financing For Zayo Group’s Acquisition of 360networks

Fri, 02 Dec 2011 00:00:00 Z

New York, NY (December 02, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBC Capital Markets, Barclays Capital and Suntrust Robinson Humphrey, Inc., as Joint Lead Arrangers of a $315 million senior secured term loan facility for Zayo Group LLC, a telecommunications and fiber optic cable company, in its acquisition of 360networks holdings (USA) inc.

Leveraged Finance partners Michael Chernick and Jeffrey Pellegrino led the Paul Hastings team, which also included Leveraged Finance partner Michael Baker, and associates Christopher Ross and Nicole LaMontagne.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC in Amendment of Credit Facility For Saxon Enterprises

Fri, 02 Dec 2011 00:00:00 Z

New York, NY (December 02, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada, as administrative agent, and RBC Capital Markets, HSBC Bank Canada and UBS Securities LLC as arrangers, in connection with an amendment of the existing senior secured credit facility for Saxon Enterprises LLC and its affiliate borrowers, and such borrowers' exercised draw of $75 million of new commitments under the existing incremental revolving facility and $75 million of additional new revolving facility and term loan facility commitments.

Leveraged finance partner Michael Baker led the Paul Hastings team, which also included associates Joseph Fastiggi and Shafiq Perry.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBS in TAL International Refinancing

Wed, 30 Nov 2011 00:00:00 Z

New York, NY (November 30, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBS Securities, Inc, as the sole arranger and The Royal Bank of Scotland PLC as the Administrative Agent and Collateral Agent in a $100 million to $150 million revolving credit facility for the refinancing of TAL International, a premier container leasing company.

Leveraged Finance partner Richard Farley led the Paul Hastings team, which also included associates Mona Al-Sharmani and Paul Henesy.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Named 2011 Beacon of Justice Winner by the National Legal Aid & Defender Association (NLADA) for Pro Bono Appellate Work

Tue, 29 Nov 2011 00:00:00 Z

Washington, DC (November 29, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm was named a winner of the 2011 Beacon of Justice Awards by the National Legal Aid & Defender Association (NLADA) for the firm’s pro bono investment in appellate litigation matters in 2011. The NLADA, founded in 1911, is America’s oldest and largest nonprofit association devoted to excellence in the delivery of legal services to those who cannot afford counsel.

The award will be presented at the NLADA Exemplar Award Dinner on December 6th at Union Station in Washington, DC. Also being honored at the event are: Brad Smith, General Counsel and Executive Vice President at Microsoft with the 2011 NLADA Exemplar Award; John Grisham, renown author, with the NLADA Centennial Award for Justice through Literature; and Wendy Pollack of the Sargent Shriver National Center on Poverty Law and Sam Dalton, founding chairman of the Jefferson Parish Indigent Defender Board in Louisiana with the 2011 Kutak-Dodds Prizes.

Paul Hastings Represents Wells Fargo Capital Finance in a Refinancing For First Advantage

Mon, 28 Nov 2011 00:00:00 Z

Los Angeles, CA (November 28, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Capital Finance, LLC, part of Wells Fargo & Company (NYSE: WFC), in its role as agent and the sole lender in a refinancing for the acquisition of First Advantage, a leading provider of employment and talent acquisition solutions, by private equity firm Symphony Technology Group.

Finance and restructuring partner Jennifer St. John Yount led the Paul Hastings team, which included of counsel Melissa Schwartz, partner Jane Song, attorney Anne Petersen and associate Brian Golper.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Starwood Capital in Refinancing of Hyatt Regency Houston

Mon, 28 Nov 2011 00:00:00 Z

New York, NY (November 28, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented an affiliate of Starwood Capital Group, a US-based global investment firm, in the $80 million refinancing of the Hyatt Regency Houston.

David Viklund of Paul Hastings' Real Estate practice led the team, which also included Keith Edelstein and Jennifer Iacono.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Samsung in Nexus Acquisition

Mon, 21 Nov 2011 00:00:00 Z

Palo Alto, CA (November 21, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Samsung Electronics Co., Ltd., a global leader in technology innovation, in the acquisition of Nexus Dx, Inc., a provider of cardiac point-of-care testing solutions.

Terms of the transaction were not disclosed.

M&A partner Deyan Spiridonov led the Paul Hastings team, which included partners Teri O'Brien and Jane Song and associate Melissa Garcia.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Representing Fitness International In Acquisition of 171 Bally Total Fitness Clubs

Mon, 21 Nov 2011 00:00:00 Z

Orange County, CA (November 21, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm is representing Fitness International, LLC, an affiliate of LA Fitness International, LLC, an owner of fitness clubs, in the proposed acquisition of assets relating to 171 Bally Total Fitness clubs. The transaction remains subject to various closing conditions.

Corporate partner Brandon Howald led the Paul Hastings team, which included partners Douglas Schaaf, John Simonis, and William Simpson and attorney Lindsay Sparks.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Mozilla in Data Center Deal

Thu, 17 Nov 2011 00:00:00 Z

San Francisco, CA (November 17, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Mozilla, a company that creates the FireFox open-source web browser, in leasing a new data center in Santa Clara, California.

The company has leased a one megawatt data center space from Vantage Data Centers, increasing their data center total to six.

Real Estate partner Steve Berkman and associate Michael Kovaleski led the Paul Hastings team. The real estate team has done similar data center work for companies such as Facebook, Zynga, Salesforce.com, Yahoo! and Tumblr.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents GE Transportation in Acquisition of RMI

Thu, 17 Nov 2011 00:00:00 Z

Atlanta, GA (November 17, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented General Electric Transportation, part of General Electric (NYSE: GE) and a global technology leader and supplier to the railroad, marine, drilling, wind and mining industries, in its acquisition of, rail software and services provider, RMI from, private equity firm, The Carlyle Group.

The terms of the transaction were not disclosed.

M&A partner Frank Layson led the Paul Hastings team, which included IP partner Jane Song, Tax partner Philip Marzetti, Employment partner Eric Keller and associates Todd Schneider, Rachel Miles, Damian Myers and Brooke Russ.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Wells Fargo Capital Finance, LLC in a Financing For Sage Software Healthcare, LLC

Mon, 14 Nov 2011 00:00:00 Z

Los Angeles, CA (November 14, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Capital Finance, LLC, part of Wells Fargo & Company (NYSE: WFC), in its role as agent and a lender in a financing for the acquisition of Sage Software Healthcare, LLC, a leading global supplier of medical business management software and services, by private equity firm Vista Equity Partners, LLC.

Finance and restructuring practice partner Jennifer St. John Yount and of counsel Jennifer Hildebrandt led the Paul Hastings team, which also included Jane Song, Todd Schneider, Elizabeth Dryden, and Brian Golper.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises on Sale of Remaining 49% Interest in Traxon Technologies to OSRAM

Thu, 10 Nov 2011 00:00:00 Z

Hong Kong (November 10, 2011) – Paul Hastings, a leading global law firm, announced today that it has advised the minority shareholders in their sale of the remaining 49% interest in Traxon Technologies (“Traxon”), one of the world’s leading systems and solutions providers in the LED-based industry, for an undisclosed amount to OSRAM, one of the world’s leading lighting manufacturers and a wholly-owned subsidiary of Siemens.

In 2009, Paul Hastings advised Traxon and existing shareholders on its large scale restructuring and the sale of a 51% majority interest to OSRAM. This was a transaction which involved complex legal issues across a number of jurisdictions including China, France, Germany, Hong Kong, Japan, the Netherlands, the U.K. and the U.S.

The Paul Hastings team was led by partner Daniel Kim with support from Woojae Kim.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Piper Jaffray In Acquisition of McCormick & Schmick’s by Landry’s Restaurants

Wed, 09 Nov 2011 00:00:00 Z

New York, NY (November 9, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Piper Jaffray & Co. in serving as a financial adviser to McCormick & Schmick's, a seafood restaurant chain, in its $131 million sale to Landry's Restaurants, an operator and owners of seafood and steak restaurants.

Landry’s will acquire all outstanding shares of McCormick & Schmick’s for $8.75 in cash. The transaction is expected to close in December 2011 or January 2012.

The Paul Hastings team was led by M&A partner Barry Brooks and associate Claudia Simon.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Children’s Hospital of Orange County and Pediatric Subspecialty Faculty in Asset Sale

Mon, 07 Nov 2011 00:00:00 Z

Los Angeles, CA (November 07, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Children’s Hospital of Orange County ("CHOC"), one of the nation's leading pediatric facilities, in the acquisition of assets from Pediatric Subspecialty Faculty, Inc. ("PSF"), a large medical group providing the full spectrum of pediatric subspecialty care throughout Orange County California and the surrounding areas.

The transaction results in the launch of the CHOC Medical Foundation, under which CHOC and PSF will provide a more integrated approach to the provision of high quality pediatric healthcare services in a variety of patient care settings and continue to promote and carry on healthcare educational and scientific research activities.

Paul Hastings represented both parties in the transaction. Healthcare practice partner and chair James Owens led the Paul Hastings team, which also included associates Josh Hill, Jenny Wang and Paul Gomez.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Pfingsten Partners in Acquisition of Arrowhead Electrical

Wed, 02 Nov 2011 00:00:00 Z

Chicago, IL (November 2, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Pfingsten Partners, L.L.C., a Chicago-based private equity firm, in acquiring Arrowhead Electrical Products, Inc., a global distributor of aftermarket alternators, motors and other rotating electrical products and components for the mobile equipment marketplace.

The amount of the transaction was undisclosed.

Private equity partner Brian Richards and of counsel Kimberly Smith led the Paul Hastings team.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Cequel Data Centers In Acquisition of Perimeter Technology

Wed, 02 Nov 2011 00:00:00 Z

New York, NY (November 2, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Cequel Data Centers, a data center operating company managed by an affiliate of Cequel III and owned by Cequel III and a consortium of private equity firms, in acquiring Perimeter Technology, a Tulsa, Oklahoma-based data center owner and operator.

The purchase price is undisclosed. Paul Hastings also advised Cequel Data Centers in arranging financing for the acquisition.

The Paul Hastings team was led by M&A partner Barry Brooks, Real Estate partner Stephen Berkman and Finance partner Michael Chernick, and included Real Estate associate Michael Kovaleski and Corporate associate Heather Davis.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Maker Maxity in Landmark Mumbai Transactions

Thu, 20 Oct 2011 00:00:00 Z

Shanghai (October 20, 2011) – Paul Hastings LLP, a leading global law firm, announced today that it has represented Maker Maxity in the signing of definitive agreements with MGM Hospitality, a wholly owned subsidiary of MGM Resorts International (NYSE: MGM), for the development and operation of a Bellagio hotel, an MGM Grand hotel, and a Skylofts hotel, as part of the landmark Maker Maxity mixed-use development complex in Mumbai, India.

Maker Maxity is an approximately 20 acre integrated commercial, entertainment, and hospitality complex that will set a new standard for mixed-use development projects in the region. It is strategically located at the entry point of Mumbai’s new Central Business District, Bandra Kurla Complex, and is bordered by the new International Finance Center and Bandra – one of Mumbai’s most prestigious and affluent residential neighborhoods.

In addition to the Bellagio, MGM Grand, and Skylofts hotels, the immaculately designed and meticulously planned complex includes five Class A commercial office buildings, a luxury retail development and a private club as part of the hospitality precinct. Maker Maxity is set to become the centerpiece for Mumbai's social and business activities.

The Paul Hastings team was led by Shanghai-based partner David Blumenfeld, Chair of the Firm’s Asia Hospitality Practice, Los Angeles-based partner Rick Kirkbride, Global Chair of the Firm’s Hospitality Practice, and Los Angeles-based partner Philip Feder, Global Chair of the Firm’s Real Estate Department.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Equinox in Acquisition of Four Fitness Locations of The Sports Club/LA

Thu, 20 Oct 2011 00:00:00 Z

New York, NY (October 20, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Equinox, a sports and fitness club, in the closing on its previously announced acquisition of the assets of The Sports Club Company and four of The Sports Club/LA properties located in Los Angeles, Beverly Hills, Orange County and New York's Rockefeller Center. The Sports Club/LA clubs in Boston, Miami, San Francisco, New York on the Upper East Side and Washington D.C., as well as Reebok Sports Club/NY are not affected by this acquisition and continue to be owned and operated by Millennium Partners Sports Club Management as they have since 2006. With the addition of these four The Sports Club/LA properties, Equinox will operate 55 clubs in the top eight US markets.

Paul Hastings also represented Equinox in connection with obtaining the debt and equity financing for the acquisition.

The deal follows its acquisition of SoulCycle in May, in which Paul Hastings also represented Equinox.

Corporate practice partner Tom Kruger led the Paul Hastings team, which also included Patrick Ramsey, David Viklund, Michael Wong and Jeff Pellegrino. Sports Club/ LA was represented by a team led by Greenberg Glusker's Ron Fujikawa.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents RBC Capital Markets in Financing Permira Fund’s $455 Million Acquisition of Renaissance Learning

Wed, 19 Oct 2011 00:00:00 Z

New York, NY (October 19, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBC Capital Markets as a lead arranger for the financing of Permira Fund’s $455 million acquisition of Renaissance Learning.

The financing consists of a revolving credit facility of $20 million, a first lien term loan facility of $175 million and a second lien term loan facility of $75 million.

Leveraged finance partner Michael Baker led the Paul Hastings team, which also included associates Edward Holmes and Ryan Russell.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Piper Jaffray in Lions Gate Secondary Offering

Tue, 18 Oct 2011 00:00:00 Z

New York, NY (October 18, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Piper Jaffray & Co. as the sole underwriter in Lions Gate Entertainment Corp.’s (NYSE:LGF) secondary public offering pursuant to which certain investment funds affiliated with Carl Icahn sold 19,201,000 common shares at a price of $7.00 per share.

The Paul Hastings team was led by William Schwitter, Rob Carlson and Yariv Katz.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Reichert in $150 Million Sale To AMETEK

Mon, 17 Oct 2011 00:00:00 Z

Chicago, IL (October 17, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Beecken Petty O’Keefe & Company, a Chicago-based private equity firm, and other sellers in connection with their sale of Reichert Technologies to AMETEK, Inc. (NYSE:AME) for $150 million.

Reichert is a manufacturer of ophthalmic diagnostic instruments and equipment for the eye care market.

Corporate partner Brian Richards led the Paul Hastings team, which also included tax partner Ziemowit (Jim) Smulkowski and corporate attorneys Christopher Sheaffer and Emma Lange-Novak.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Lead Arrangers In $1.6 Billion Acquisition of 99 Cents Only Stores

Wed, 12 Oct 2011 00:00:00 Z

New York, NY (October 12, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm is representing the lead arrangers RBC Capital Markets and BMO Capital Markets in connection with the financing for Ares Management LLC and Canada Pension Plan Investment Board’s $1.6 billion acquisition of 99 Cents Only Stores (NYSE: NDN).

The financing is expected to consist of a $150 million ABL Facility, a $525 million first lien term facility and $250 million bridge facility.

Leveraged finance partners Michael Baker, Richard Farley and Michael Michetti will lead the Paul Hastings team.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Arthur Andersen General Counsel Joins Paul Hastings in Chicago

Wed, 12 Oct 2011 00:00:00 Z

Chicago, IL (October 12, 2011) - Paul Hastings LLP, a leading global law firm, announced today that Mark Pollack has joined the Litigation practice in Chicago as partner. He joins from Arthur Andersen LLP, where he was General Counsel and was previously co-chair of the white collar practice at Jenner & Block. Mr. Pollack is a prominent lawyer with substantial and diverse experience across professional services representation, white-collar defense, compliance and general corporate litigation.

“During Mark’s tenure at Andersen, he managed a significant portfolio of complex commercial litigation, which included multi-billion dollar securities class action claims, insurance disputes, professional liability claims, and employment and partnership disputes,” said William Sullivan, chair of the firm’s Litigation practice. “Mark’s arrival is an important step in realizing our goal of building a top-tier litigation practice in Chicago,” he added.

“Mark’s choice of Paul Hastings for his return to private practice gives us a senior litigator in Chicago who will lead our litigation efforts for this growing office,” said Gregory Spitzer, chair of the firm’s Chicago office. “His broad background will allow us to help clients with a wide-range of litigation needs,” he added.

As Arthur Andersen’s General Counsel, Mr. Pollack was principal counsel and strategic advisor to Andersen’s board and executive management team, responsible for all legal affairs. He also served as chief executive of Andersen’s corporate training facility, The Q Center. Prior to Andersen, Mr. Pollack was co-chair of the white collar practice at Jenner & Block, where he developed extensive expertise advising pharmaceutical and life sciences companies in relation to governmental and regulatory probes, FCPA and False Claims litigation and conducted internal investigations and developed corporate compliance plans. He was formerly an Assistant US Attorney for Chicago, during which time he won several high-profile corruption case convictions and prosecuted over 100 people tied to an insider trading probe.

Paul Hastings Advises Hitachi Construction in Brazil Joint Venture Deal

Fri, 07 Oct 2011 00:00:00 Z

Tokyo/Los Angeles (October 7, 2011) – Paul Hastings, a leading global law firm, announced today that it has advised Hitachi Construction Machinery Co., Ltd. (“Hitachi Construction”), a leader in the construction machinery industry, in its joint venture with Deere & Company (“Deere”) to launch an excavator manufacturing and distribution business in Brazil.

With a total investment value of US$90 million, the joint venture to be located outside of Sao Paulo will manufacture Hitachi-engineered excavators for distribution in Brazil. This marks the extension of an important North American partnership between Hitachi Construction and Deere.

The Paul Hastings team was led by partners Kaoruhiko Suzuki, John Porter and Nancy Iredale with support from Kota Kikuchi.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Neighborhood Parks Council in Merger with San Francisco Park Trust

Thu, 06 Oct 2011 00:00:00 Z

San Francisco, CA (October 6, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Neighborhood Parks Council, an advocate for sustainable parks, in its merger with San Francisco Park Trust, an organization to enhance and protect parks.

The new nonprofit public organization will be the largest park advocacy group in San Francisco and will be renamed the San Francisco Parks Alliance. Combined the groups hope to protect, sustain, and enrich San Francisco parks and green open spaces. The firm has a long-standing pro bono client relationship with the Neighborhood Parks Council and will continue to represent the newly merged entity in future endeavors.

Corporate partner Gregg Vignos led the Paul Hastings team, which included associates Theresa Nagy and David Hamsher.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises GE Capital in Financing Metropolitan Health Networks Acquisition of Continucare

Tue, 04 Oct 2011 00:00:00 Z

Atlanta, GA (October 4, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented GE Capital Markets as the joint book runner and joint lead arranger, along with SunTrust Robinson Humphrey, for the debt financing of Metropolitan Health Network Inc.'s acquisition of Continucare Corporation. SunTrust Bank acted as syndication agent.

Metropolitan Health has acquired Continucare in a cash and stock transaction that was announced in June of 2011 and closed on October 4, 2011. To finance the purchase, Metropolitan Health obtained a $280 million first lien credit facility consisting of a $240 million dollar term loan and a $40 million revolver, as well as a $75 million second lien term loan credit facility from a syndicate of lenders led by GE Capital, Healthcare Financial Services.

Finance partner Chris Molen led the Paul Hastings team, which included Corporate partner Elizabeth Noe and associates Josh Hill, Chad Werner and Roger Mitchell.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents InComm in Payment Systems Patent Victory

Tue, 04 Oct 2011 00:00:00 Z

Atlanta, GA (October 4, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented InComm, a marketer, distributor and technology innovator of prepaid products, in a significant payment systems patent arbitration victory against Alexsam, Inc. involving the activation of InComm's prepaid products.

On October 4, 2011, the Arbitrator found that InComm did not owe Alexsam any royalties for the activation of InComm's prepaid products.

Intellectual Property partner Robin McGrath led the Paul Hastings team, which also included associate David Moreland.

Paul Hastings Advises J.P. Morgan and Credit Suisse in China Hotel Sector Acquisition Financing

Mon, 03 Oct 2011 00:00:00 Z

Hong Kong (October 3, 2011) – Paul Hastings, a leading global law firm, announced today that it has advised a group of mandated lead arrangers, including J.P. Morgan and Credit Suisse, in providing acquisition financing to NASDAQ-listed Home Inns & Hotel Management Inc. (“Home Inns”) in connection with its purchase of Motel 168 International Holdings Ltd (“Motel 168”) from Morgan Stanley and related shareholders. Home Inns is China’s largest operator of discount budget hotels, while Motel 168 is China’s fifth largest operator. The US$470 million cash-and-stock deal includes approximately US$305 million in cash and approximately 8.2 million of Home Inns’ shares at US$20.185 per share.

The Paul Hastings team was led by partner Brett W. King, who was supported by associates James Ma and Adrian James.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Joint Bookrunners in China Hanking’s US$148 Million Hong Kong IPO

Fri, 30 Sep 2011 00:00:00 Z

Hong Kong (September 30, 2011) – Paul Hastings, a leading global law firm, announced today that it has advised Deutsche Bank AG (Hong Kong Branch) (“Deutsche Bank”), Credit Suisse (Hong Kong) Limited (“Credit Suisse”) and BNP Paribas Capital (Asia Pacific) (“BNP Paribas”) in China Hanking Holdings Limited’s (“China Hanking”) US$148 million Hong Kong IPO and global offering. China Hanking is the largest independent privately-owned iron ore concentrate producer in Northeastern China.

The Paul Hastings team was led by partners Chris Betts and Neil Torpey with support from Bonnie Yung, May Lun, Ying Ying Chen and Matthew Smith.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Telx in its Sale to ABRY Partners and Berkshire Partners

Wed, 28 Sep 2011 00:00:00 Z

Orange County, CA – (September 28, 2011) Paul Hastings LLP, a leading global law firm, announced today that it represented The Telx Group, Inc., an interconnection and data center provider, in its sale to ABRY Partners and Berkshire Partners LLC, two Boston-based investment firms. GI Partners, a leading mid-market investment firm and long time client of Paul Hastings, owned a majority of The Telx Group prior to the closing of the transaction. Terms of the transaction were not disclosed.

Private equity partners Brandon Howald and William Simpson led the Paul Hastings team, which included, among others, real estate partner John Simonis, tax partner Doug Schaaf, and associate Joseph Swanson.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Carey Watermark Investors in Joint Venture for the Chateau Bourbon Hotel

Wed, 28 Sep 2011 00:00:00 Z

Los Angeles, CA (September 28, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Watermark Capital Partners and its real estate investment trust (REIT), Carey Watermark Investors, Inc., in a joint venture investment for HRI Properties Chateau Bourbon Hotel, a historic hotel in New Orleans French Quarter, including closing on a $22,800,000 loan from Canyon Capital Realty Advisors.

Watermark Capital Partners, a private investment and management firm specializing in real estate private equity transactions, invested $31.3 million out of the total $45.7 million investment. The investment will go toward a complete renovation of the hotel to modernize it and increase the room count. When the renovation is completed in the second quarter of 2012, the hotel will reopen as a Hyatt Hotel Corporation franchised property and be renamed the Hyatt French Quarter hotel.

Real Estate partner and chair of the firm’s Resort, Restaurant & Recreation Practice Group, Rick Kirkbride, partner David Phelps, and associate Jeffrey Myers led the Paul Hastings team on the joint venture and related franchise and management transactions. Associate Jeff Diener led the Paul Hastings team in connection with the loan.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Starwood Capital Group in Management Agreements for Silvertree Hotel and Wildwood Lodge

Tue, 27 Sep 2011 00:00:00 Z

Los Angeles, CA (September 27, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Starwood Capital Group, a US-based global investment firm, in signing two management agreements with Starwood Hotels & Resorts Worldwide Inc. for the management of both the Silvertree Hotel and Conference Center and the Wildwood Lodge – two premier resort locations in Snowmass Village, Colorado.

Starwood Capital Group intends to significantly renovate both hotels to broaden their appeal as destination properties in one of the world’s top ski resort communities. Following the completion of the renovations, the Silvertree Hotel will operate under Starwood Hotels' Westin® brand, while Wildwood Lodge will remain under an independent flag.

Real Estate partner and chair of the firm’s Resort, Restaurant & Recreation Practice Group, Rick Kirkbride, and associate Lauren Giovannone led the Paul Hastings team, which also included associate Rachel Prandini.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Bolsters Antitrust and Competition Practice with Addition of High-Profile Partner

Mon, 26 Sep 2011 00:00:00 Z

San Francisco, CA (September 26, 2011)- Paul Hastings LLP, a leading global law firm, announced today that Holly House has joined the Antitrust and Global Competition practice in San Francisco as partner. Ms. House, a high-profile antitrust litigator with a leading market reputation, joins from Bingham McCutchen LLP, where she was co-chair of the firm’s antitrust and trade regulation practice group.

“Holly is a talented litigator with an impressive record of leading high-profile technology clients to victory,” said Michael Cohen, chair of the Antitrust and Global Competition practice. “Her arrival complements our strong antitrust presence in Washington, DC and fits seamlessly into our global capabilities in Asia and Europe, allowing us to continue to help clients successfully tackle complex global antitrust and competition matters across continents,” he added.

“Holly’s hire is a testament to our dedication to build a strong Antitrust and Global Competition practice and adds bench strength to our market leading Litigation practices,” said William Sullivan, chair of the firm’s Litigation practice. “Holly has handled some of the most challenging antitrust and complex commercial cases in Northern California, a critical U.S. antitrust jurisdiction that continues to surge in importance with the global role of the leading multinational technology companies headquartered in the Bay Area,” he added.

Ms. House has successfully represented premier clients as both plaintiffs and defendants in myriad types of commercial and class action disputes, including at several notable trials. She has particular experience in federal and California antitrust and unfair competition law. Ms. House is the past chair of the California State Bar’s Antitrust and Unfair Competition Law Section and is an acclaimed antitrust specialist and litigator with experience across a wide array of clients and industries.

Ms. House’s hire follows the arrival of Scott Hataway, a former U.S. DOJ Antitrust Division lawyer who joined the firm’s Antitrust and Global Competition practice as partner in Washington, DC in March 2011.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Secures Multiple Wins at China Law & Practice Awards 2011

Fri, 23 Sep 2011 00:00:00 Z

Beijing (September 23, 2011) – Paul Hastings LLP, a leading global law firm, announced today that it has been awarded Debt and Equity Linked Deal of the Year and International Real Estate and Construction Team of the Year at the annual China Law & Practice Awards which celebrate China’s most innovative legal deals and the firms that completed them.

The issuance of Sino-Ocean Land’s ground-breaking US$900 million convertible securities was awarded this year’s Debt and Equity Linked Deal of the Year and was recognized as being the first corporate-hybrid offering issued by a Hong Kong-listed company, the largest international equity-linked issuance for a mainland Chinese property developer and the first of its kind in Asia ex-Japan. The Paul Hastings team on this deal consisted of lawyers from across the firm’s offices in Hong Kong, London, Los Angeles and Washington D.C. and included partners Raymond Li, Vivian Lam, Neil Torpey, David Grimm, Catherine Tsang, Christian Parker, Emma Osbaldeston, Douglas Shaaf, Alexander Lee and Wendell Faria.

The International Real Estate and Construction Team of the Year was awarded to Paul Hastings following the practice’s successful year advising on a range of complex and innovative transactions in China. The Greater China practice includes Beijing-based partner Joel Rothstein, Shanghai-based partner David Blumenfeld and Hong Kong-based partners Vivian Lam and Derek Roth, who combined have over 30 years of experience in the China real estate market advising on real estate private equity, lending, structured finance, debt and equity capital markets, M&A, fund-formation, hotel and resort development, and related matters across the retail, office, residential and hotel segments of the real estate market.

China Law & Practice is part of the Euromoney Institutional Investor's Legal Media Group and the awards ceremony, held in Beijing on 22 September, is one of the most prestigious events in the region’s legal industry calendar.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Receives ASIAN-MENA COUNSEL Recognition

Mon, 19 Sep 2011 00:00:00 Z

Hong Kong Paul Hastings, a leading global law firm, announced today that it has been named by ASIAN-MENA COUNSEL as an “In-House Community Firm of the Year” in China for Corporate and M&A, and in Hong Kong for Projects and Project Financing. An “Honorable Mention” was also awarded in Hong Kong for Banking and Finance. ASIAN-MENA COUNSEL is a leading monthly legal publication and an essential resource for Asia’s in-house counsel and corporate legal community.

This recognition was the result of nominations and testimonials from in-house counsel surveyed as part of the 2011 ASIAN-MENA COUNSEL In-House Community ‘Representing Corporate Asia & Middle East’ Survey. The survey, in its fifth year, is sent to over 17,000 individual in-house lawyers and senior company directors in Asia Pacific and the Middle East and is the largest and most definitive of in-house counsel and buyers of legal services across the region.

Winning firms are nominated, amongst other things, on the basis of quality and value of service.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Idaho Wind Partners In Renewable Energy Credit FERC Decision

Thu, 15 Sep 2011 00:00:00 Z

Washington DC (September 15, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Idaho Wind Partners (IWP), in securing a decision from the Federal Energy Regulatory Commission (FERC), that will enable renewable developers to monetize their Renewable Energy Credits (RECs), while retaining rights and benefits associated with Qualifying Facilities (QFs). The decision will allow entities to capitalize on the RECs that their projects have produced.

IWP faced opposition from utility providers that argued under the sale/buyback structure, the wind power company should lose its status as a QF power under PURPA, and that the Idaho commission should approve cost rates be applicable to such sales. IWP proved that the sale/buyback of the same electricity at the same price would not impact Idaho’s wholesale market, nor manipulate the market.

In its orders responding to IWP's specific requests for clarifications, FERC established that the described sale and buy-back of the same QF energy only (without the RECs) by the QF project companies from the Third Party would not impact the QF status of the project power, as long as the Third Party was also a QF (regardless of the QF Third Party's characteristics, including its size, location, or affiliation). FERC also agreed that the sale/buyback structure would not violate FERC’s market manipulation rules under 18 C.F.R. § 1c.2.

Global Projects Group partner William DeGrandis led the team, which also included real estate partner Thomas Mounteer and associates Candice Castaneda and Jeff Allmon.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Provides Pro Bono Support to Mark Patterson, Creator of “Save The Ocean” Mosaic Otherwise Known as the “Surfing Madonna”

Mon, 12 Sep 2011 00:00:00 Z

San Diego, CA (September 12, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm, together with the North County Law Firm, is representing Mark Patterson, creator of the "Save The Ocean" mosaic, otherwise known as the “Surfing Madonna,” on a pro bono basis in connection with his proposal to present the nationally recognized mosaic as a gift to the City of Encinitas, CA under a long-term loan agreement. Today, Mr. Patterson will announce that he and the secular non-profit organization, the Surfing Madonna Oceans Project, have found the ideal location for the city to publicly display the mosaic as the artist had originally intended, near the entrance of Moonlight State Beach.

Mr. Patterson originally installed the mosaic under a railroad bridge in Encinitas, CA near the entrance of Moonlight State Beach to bring awareness to the public of his elemental message to “Save the Ocean.” Almost instantly the mosaic became popular, garnering national media attention. However, because Mr. Patterson did not have permission from the city to place his artwork on public property, he was ordered to take it down.

In an effort to relocate the “Save The Ocean” mosaic to a new public location, Paul Hastings LLP assisted Patterson in the formation of the Surfing Madonna Oceans Project, which is committed to preserve and promote public art and promote oceanic conservation efforts. Mr. Patterson has proposed the "Save The Ocean" mosaic be placed nearby its original location on a small parcel of land owned by the State of California but maintained by the City of Encinitas as part of the Moonlight State Beach, on the corner of Pacific Coast Highway and B Street.

Paul Hastings is also representing the Surfing Madonna Oceans Project on general corporate matters, including the licensing of intellectual property rights relating to the mosaic to various vendors wanting to support the cause. The Paul Hastings team representing Mark Patterson and the Surfing Madonna Oceans project is led by Christian Platt with support from lawyers Teri O'Brien, Ericka Schulz, Edgar Khalatian and Ryan Enchelmayer. Anton Gerschler, of the North County Law Firm, is also representing Mr. Patterson in his efforts to relocate the “Save The Ocean” mosaic.

Paul Hastings Advises The Home Depot in Sale of Harris Research to Baird Capital Partners

Fri, 09 Sep 2011 00:00:00 Z

Atlanta, GA -- Paul Hastings LLP, a leading global law firm, announced today that the firm represented The Home Depot (NYSE:HD), a leading home improvement specialty retailer, in its sale of Harris Research, Inc. (HRI), a leading franchisor of in-home consumer services, to Baird Capital Partners, a private equity firm.

The value of the transaction was undisclosed. Financing for the acquisition was provided by BMO Harris Bank N.A., BBVA and Caltius.

Corporate partner Frank Layson led the Paul Hastings team, which included partner Erik Belenky, partner Michael Lindsey, partner Eric Keller and associates Paul Puckett and Rachel Miles.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advising Leader Fortune in Acquisition of Central Park Hotel

Thu, 08 Sep 2011 00:00:00 Z

Hong Kong (September 8, 2011) – Paul Hastings, a leading global law firm, announced today that it advised the purchaser, Leader Fortune Holdings Limited (“Leader Fortune”), in the entering of a Sale and Purchase Agreement with the subsidiaries of Kosmopolito Hotels International Limited (“KHI”) for the acquisition of Central Park Hotel in Hong Kong. The purchase is for a consideration of HK$515 million. Leader Fortune has an option to enter into a hotel management contract with Kosmopolito Hotels International Services Limited, a subsidiary of KHI, to manage the hotel after completion of the acquisition.

The Paul Hastings team was led by Hong Kong-based partner Vivian Lam with support from Celia Chau.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Sino-Ocean Land in Establishment of Real Estate Investment Fund with KKR in China

Wed, 07 Sep 2011 00:00:00 Z

Hong Kong (September 7, 2011) – Paul Hastings, a leading global law firm, announced today that it has advised Sino-Ocean Land Holdings Ltd (“Sino-Ocean Land”), one of the leading property developers in China, and its subsidiary Gemini Investments (Holdings) Limited in the establishment of a real estate investment fund (“Fund”) with KKR China Growth Fund L.P., a China focused investment fund managed by Kohlberg Kravis Roberts & Co (“KKR”), a leading global investment firm.

The Fund will be managed by a 50:50 joint venture vehicle co-owned by affiliates of Sino-Ocean Land and KKR and will explore opportunities to invest in, operate and manage real estate projects in China. Sino-Ocean Land and KKR will each make a capital commitment of US$70 million into the Fund.

The Fund, called Sino Prosperity Real Estate Fund L.P., will have a five-year term though parties have options to extend it twice by one year.

On the same date, Paul Hastings also advised Sino-Ocean Land with regards to the entering into of an Investment Cooperation Agreement whereby the Fund was granted certain rights to co-invest in joint venture projects with Sino-Ocean Land up to an amount of US$500 million, and an Investment Agreement regarding the co-investment of the Fund and Sino-Ocean Land in a real estate project being developed in Dalian, China.

Paul Hastings’ capital markets team has advised Sino-Ocean Land on a number of transactions over the past few years including, in May 2011, advising on its US$400 million perpetual subordinated capital securities issue. The team, in July 2010, also advised on the landmark issue by its subsidiary of perpetual subordinated convertible securities in the aggregate principal amount of US$900 million.

The Paul Hastings team was led by Hong Kong-based partners Raymond Li and Vivian Lam. Additional support was provided by of-counsel Jenny Lau and associates Erika Wan, Ling Ling, Pei Fang, Tzy Yen Chu and Celia Chau from the Hong Kong office and partner Jonathan Shenkman from the London office.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Continues to Expand Intellectual Property Practice with Respected Technology Partner

Wed, 07 Sep 2011 00:00:00 Z

Atlanta, GA (September 7, 2011)- Paul Hastings LLP, a leading global law firm, announced today that Robin McGrath has joined the Intellectual Property practice in Atlanta as partner. Ms. McGrath, previously with Alston+Bird LLP, is a respected IP trial lawyer with far-reaching experience handling complex patent litigation for a variety of technologies, which includes payment processing. Her arrival follows the addition of Steven Park, who joined the IP practice as partner in Atlanta in August.

“Robin’s arrival represents another critical enhancement as we continue to expand our IP practice,” said William Sullivan, chair of the Litigation practice. “Her background in technology together with the recent addition of Steven Park and our established capabilities, will allow us to help clients tackle their most complex legal challenges across a wider array of technologies and services,” he added.

“Robin is a skilled litigator with broad expertise in areas engendering a myriad of legal issues,” said Jeff Randall, co-chair of the Intellectual Property practice. “Her hire complements our existing technology and payment abilities and positions the firm to capitalize on the opportunities we see in this space,” he added.

Ms. McGrath focuses her practice on patent litigation and counseling, centering on payment systems, business methods, software, telephone, Internet and networking systems. She has extensive courtroom experience representing both plaintiffs and defendants in patent and trademark.

Ms. McGrath’s arrival follows the addition of Ky Tran-Trong, who joined as co-chair of the Payment Systems practice in Washington, DC in July.

Paul Hastings Advises Oaktree Capital Management Funds on Purchase of FDIC CADC/RADC Loans

Tue, 06 Sep 2011 00:00:00 Z

Los Angeles, CA -- Paul Hastings LLP, a leading global law firm, announced today that the firm represented funds managed by Oaktree Capital Management L.P. in the acquisition of a 50% equity interest in an entity formed by the Federal Deposit Insurance Corporation (FDIC) in its receivership capacity to hold certain performing and non-performing commercial and residential acquisition, development and construction loans made by various failed financial institutions.

The FDIC auctioned off the loan portfolios, which included approximately 197 commercial acquisition, development and construction loans with an aggregate unpaid principal balance of approximately $187,000,000 and approximately 395 residential acquisition, development and construction loans with an aggregate unpaid principal balance of approximately $267,000,000. The winning bidder was Los Angeles, CA-based Acorn Loan Portfolio Private Owner VI, LLC, which is a joint venture between Calista Corporation, FACP Mortgage Investments, LLC and certain funds managed by Oaktree Capital Management, L.P.

Philip Feder, chair of the Real Estate practice and real estate partner Robert Keane led the Paul Hastings team, which included partner Derek Roth and associates John Chi, Dan Hick and Elena Branzburg.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Wolters Kluwer Corporate Legal Services in Acquisition of National Registered Agents, Inc.

Thu, 01 Sep 2011 00:00:00 Z

Chicago, IL- Paul Hastings LLP, a leading global law firm, announced today that the firm advised Wolters Kluwer Corporate Legal Services, a leading provider of legal compliance and corporate governance solutions, in its acquisition of the stock of Princeton, N.J.-based National Registered Agents, Inc., a provider of registered agent services to small and mid-sized businesses.

The acquisition of National Registered Agents, Inc. by Wolters Kluwer Corporate Legal Services, whose comprehensive portfolio of brands for the legal services market includes CT Corporation, a leading provider of Corporate Business Compliance solutions, and BizFilings, a leading online incorporation service provider for entrepreneurs and small-business owners, was initially announced on June 14, 2011 and closed on August 31, 2011.

Corporate practice partner Thaddeus Malik led the Paul Hastings team, which included corporate of counsel Ryan McLennan and associates Jeffery Larson and Eric Jones.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Brookfield Investment Management’s Closed-end Infrastructure Fund on IPO

Mon, 29 Aug 2011 00:00:00 Z

New York, NY -- Paul Hastings LLP, a leading global law firm, announced today that the firm represented Brookfield Investment Management Inc., a global investment manager focused on specialized equity and fixed income securities investments, in a $155 million initial public offering for the Brookfield Global Listed Infrastructure Income Fund Inc, a registered closed-end investment company. The portfolio of the fund will consist of publicly traded equity securities of infrastructure companies.

The shares began trading on August 26, 2011 under the symbol “INF” on the NYSE. Assuming full exercise of the underwriters’ overallotment option, the fund will have raised $177 million. The initial public offering was led by Bank of America’s Merrill Lynch, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Investment Bank and Wells Fargo Securities, LLC.

Chair of the Investment Management practice and partner Michael Rosella led the Paul Hastings team, which included partner Domenick Pugliese and associate Christopher Tafone.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Confluence Solar in its Acquisition by GT Advanced Technologies

Thu, 25 Aug 2011 00:00:00 Z

Palo Alto, CA - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Confluence Solar, Inc. in its acquisition by GT Advanced Technologies Inc., a supplier of polysilicon production equipment and crystalline growth systems.

Confluence Solar, Inc., the developer of HiCz (TM), a continuously-fed Czochralski (CCz) growth technology that enables the production of high efficiency monocrystalline solar ingots, was purchased for $60 million in cash upon closing and up to $20 million of cash earn-outs in 2013 determined upon performance terms specified by GT Advanced Technologies.

Corporate practice partner Robert Claassen led the Paul Hastings team, which included partners Matthew Berger and Daniel Kim and associates Jason Sanderson, Caroline Hunter and Adam Young.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Klune Industries in Acquisition of GCM North American Aerospace

Thu, 25 Aug 2011 00:00:00 Z

Los Angeles, CA - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Klune Industries, Inc., a leading aerospace contractor, in its acquisition of GCM North American Aerospace, a producer of complex machined parts for the aerospace industry.

Terms of the agreement were not announced. The acquisition was financed by Klune’s majority shareholder, Vance Street Capital LLC. FS Investment Corp. provided the debt financing for the deal.

Corporate practice partner Robert Miller led the Paul Hastings team, which included Tax Department partner Alexander Lee, Employment Law Department partner Stephen Harris and corporate attorney Catherine Patton.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Continues Leveraged Finance Expansion with Addition of Another Prominent Partner

Tue, 23 Aug 2011 00:00:00 Z

New York, NY - Paul Hastings LLP, a leading global law firm, announced today that Michael Baker has joined the Leveraged Finance practice in New York. Mr. Baker, previously with Shearman & Sterling LLP, is a prominent leveraged finance lawyer with extensive bank lending experience. His arrival follows the addition of leveraged finance partners Michael Michetti and Rich Farley, who joined in July and June, respectively.

“Michael’s hire marks another important step in our strategy to build a top-tier leveraged finance group in New York and throughout our global network,” said William Schwitter, chair of the Leveraged Finance practice. “His experience in bank lending complements our existing global finance capabilities and together with the recent additions of Mike Michetti and Rich Farley, means we can advise clients on their most complex transactions,” he added.

“Our recent leveraged finance expansion illustrates our commitment to delivering clients superior finance expertise,” said Elizabeth Noe, chair of the Corporate practice. “We are excited to be welcoming Michael at this critical stage in our growth,” she added.

Mr. Baker’s practice is focused on representing senior lenders, subordinated lenders and borrowers in connection with domestic and international acquisition and leveraged buyout financings, workouts, debt restructurings, debtor-in-possession financings, structured financings and intercreditor issues, with a special emphasis on Canadian-US cross-border and global financing transactions.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Mapletree on US$2.4 Billion Acquisition

Thu, 18 Aug 2011 00:00:00 Z

Hong Kong (August 18, 2011) – Paul Hastings, a leading global law firm, announced today that it has advised Mapletree Investments Pte Ltd (“Mapletree”), a leading real estate development, investment and capital management company based in Singapore, in the US$2.4 billion (HK$18.8 billion) acquisition of Festival Walk, a shopping and commercial complex in Hong Kong, from Swire Properties Limited (“Swire Properties”). The acquisition marks the biggest-ever property acquisition in Hong Kong and is the third largest property acquisition in Asia-Pacific so far this year.

Festival Walk is a retail mall with an office component located in Kowloon Tong, Hong Kong, which comprises approximately 580,000 square feet of retail area and 220,000 square feet of office space.

The Paul Hastings team was led by partner Vivian Lam with support from Michael Downey, Celia Chau and Derek Roth.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Adds Talented Technology Partner to Intellectual Property Practice in Atlanta

Mon, 15 Aug 2011 00:00:00 Z

Atlanta, GA (August 15, 2011) - Paul Hastings LLP, a leading global law firm, announced today that Steven Park has joined the Intellectual Property practice in Atlanta as partner. Mr. Park, previously with Finnegan, Henderson, Farabow, Garrett & Dunner, LLP, is a skilled intellectual property lawyer who advises global technology companies on complex patent litigation issues.

“Steve has a rare combination of technological expertise, legal prowess and business acumen, which will be an asset as Paul Hastings continues to build a market-leading global IP practice,” said Jeff Randall, co-chair of the Intellectual Property practice. “The timing of his arrival coincides with increased IP litigation in the technology sector, enabling the firm to continue to help our technology clients with the increasingly complex legal challenges involving existing and emerging technologies,” he added.

“I am excited to be joining the young, dynamic IP practice at Paul Hastings,” said Mr. Park. “The firm's global platform, practice breadth and growing reputation in IP and the technology sector are the perfect environment to grow my practice and will allow me to better serve the global companies that I work with,” said Mr. Park.

Mr. Park’s practice is focused on complex patent litigation and client counseling, primarily centered on wireless telecommunications, semiconductors and devices, for both global industry leaders and emerging, innovative businesses. He has handled large, complex litigations before U.S. District Courts and the U.S. International Trade Commission. Mr. Park also counsels clients on all aspects of patent portfolio management, licensing, enforcement, and opinions.

Paul Hastings Advises China Rongsheng on US$220 Million Syndicated Loan

Thu, 11 Aug 2011 00:00:00 Z

Hong Kong (August 11, 2011) – Paul Hastings, a leading global law firm, announced today that it has advised China Rongsheng Heavy Industries Group Holdings Limited (“China Rongsheng”), one of China’s largest heavy industries groups, in securing a US$220 million syndicated loan from a consortium of banks led by Crédit Agricole Corporate and Investment Bank (“Crédit Agricole CIB”) and guaranteed by the Import-Export Bank of China. This marks the first time that China Rongsheng has raised loan financing from overseas.

The U.S. dollar denominated loan is expected to be used by China Rongsheng to complement its working capital and manage its foreign exchange risks, as a significant volume of its orders are from overseas customers.

China Rongsheng is a long-standing client of Paul Hastings. In November 2010, Paul Hastings’ capital markets practice advised on the company’s U.S$1.8 billion Hong Kong IPO and global offering.

The Paul Hastings team was led by partners Raymond Li and Vivian Lam with support from Tzy Yen Chu.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Wins Arbitration Award for Landmark Southeast Asia Power Project

Mon, 08 Aug 2011 00:00:00 Z

New York, NY (August 8, 2011) - Paul Hastings LLP, a leading global law firm, announced today that a federal court in New York ruled in favor of Paul Hastings energy clients Thai-Lao Lignite (Thailand) Co., Ltd. and Hongsa Lignite (Lao PDR) Co., Ltd. in an international arbitration against the Government of Laos involving a breach of contract in the development and operation of a $2.7 billion power plant, which will be one of the largest power plants in Southeast Asia. The court ruled that the Government of Laos is required to pay the arbitration award, valued at $56 million.

The arbitration award arose out of the Lao Government's premature termination of an agreement whereby Thai-Lao Lignite (Thailand) Co., Ltd. and Hongsa Lignite (Lao PDR) Co., Ltd. were to develop and operate the coal-fired power plant project located in the Hongsa region of Laos.

The companies were forced to seek judicial enforcement after Laos refused to pay the award, which was handed down in November 2009. On August 3, 2011, The U.S. District Court for the Southern District of New York rejected all of Laos' objections to the arbitral award. The ruling underscores the bedrock U.S. policy favoring the prompt enforcement of international arbitration agreements, which represent foreign investors' primary form of legal protection in disputes against the states in which they invest.

The Paul Hastings team was led by New York Litigation of counsel James Berger, and included New York associate Charlene Sun.

Paul Hastings Represents Telx in its Sale To ABRY Partners and Berkshire Partners

Mon, 08 Aug 2011 00:00:00 Z

Orange County, CA – Paul Hastings LLP, a leading global law firm, announced today that it is representing The Telx Group, Inc., an interconnection and data center provider, in its sale to ABRY Partners and Berkshire Partners LLC, two Boston-based investment firms. GI Partners, a leading mid-market investment firm and long time client of Paul Hastings, currently owns a majority of The Telx Group. Terms of the transaction were not disclosed.

Private equity partners Brandon Howald and William Simpson led the Paul Hastings team, which included real estate partner John Simonis, tax partner Doug Schaaf, and associates Joseph Swanson, Jason Rednour, John Kang and Christian Robinson.

Paul, Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Oaktree Capital Management On Purchase Of FDIC SIP Loans

Fri, 05 Aug 2011 00:00:00 Z

Los Angeles, CA -- Paul Hastings LLP, a leading global law firm, announced today that the firm represented funds managed by Oaktree Capital Management L.P. in the acquisition this week of equity interests in an entity formed by the Federal Deposit Insurance Corporation. (FDIC) in its receivership capacity to hold certain distressed commercial real estate and construction loans made by FirsTier Bank located in Louisville, Colorado.

The FDIC auctioned off the loan portfolio, which included 116 loans worth approximately $158 million from the FDIC, as receiver for FirsTier Bank that were acquired upon the bank’s failure in January 2011. The winning bidder was Los Angeles, CA-based Acorn Loan Portfolio Private Owner IV, LLC. (Acorn), which is owned by Calista Corporation and FACP Mortgage Investments, LLC, entities controlled by Oaktree Capital Management. The auction is part of the FDIC’s Small Investor Program (SIP) pilot sale.

Philip Feder, chair of the Real Estate practice, and real estate partner Robert Keane led the Paul Hastings team, which included partner Derek Roth and associates John Chi, Dan Hick and Elena Branzburg.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Marvel/Disney in Copyright Victory

Wed, 03 Aug 2011 00:00:00 Z

New York, NY (August 3, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm advised Marvel Entertainment, Inc. in its federal district court victory against the heirs to legendary comic book artist Jack Kirby, co-creator of comics and characters such as the Fantastic Four, the Incredible Hulk and the X-Men.

The ruling by Judge Colleen McMahon of the United States District Court for the Southern District of New York declared that comics and characters co-created by Mr. Kirby were works for hire under the Copyright Act of 1909, and that the copyrights in these works were owned by Marvel and could not be reclaimed by the Kirby family.

Following The Walt Disney Company’s purchase of Marvel in 2009, Mr. Kirby's heirs sent Marvel and Disney notices which purported to terminate alleged grants of copyrights in several series of Marvel comics that were published from 1958 to 1963. After extensive discovery, both sides moved for summary judgment with respect to whether Kirby's heirs could claim any interest in the copyrights in and to the various publications and characters. In Judge McMahon’s ruling on Thursday, she held that the notices “did not operate to convey any federally protected copyrights” and granted the motion by Marvel and Disney for summary judgment and declared the termination notices invalid.

The Paul Hastings team was led by Litigation partner Jodi Kleinick, and included associates Jean Vrola, Eddie Roman and Brendan Goodhouse. Law firms Weil, Gotshal & Manges and Haynes & Boone LLP served as co-counsel.

Paul Hastings Advises Baha Mar Ltd. on $3.5 Billion Resort Project

Tue, 02 Aug 2011 00:00:00 Z

Los Angeles, Calif. - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Baha Mar. Ltd., a resort hotel developer, in signing a series of management agreements with Hyatt Hotels Corporation, which will operate and manage Baha Mar's planned 700-room Grand Hyatt convention hotel, Morgans Hotel Group, which will operate and manage Baha Mar's planned 300-room luxury lifestyle hotel under the Mondrian brand, and Rosewood Hotels and Resorts, which will operate and manage Baha Mar's planned 200-room luxury hotel.

At a cost of $3.5 billion, Baha Mar will include almost 3,500 rooms and residences, the largest casino in the Caribbean, the largest convention center in The Bahamas, a Jack Nicklaus signature golf course, three spas, a 20-acre eco-water park, multiple restaurants, high-end retail and entertainment venues, and will be situated along a half-mile of uninterrupted pristine beachfront. Baha Mar represents the largest single-phase resort ever developed in the Caribbean, and is currently the largest project under development in North America. The project is being financed by a $2.45 billion loan from China Export-Import Bank. The project is expected to open in December 2014.

Real Estate partner and chair of the firm’s Resort, Restaurant & Recreation Practice Group, Rick Kirkbride, and associate Lauren Giovannone led the Paul Hastings team in this effort, which included associate Rachel Prandini and Of Counsel Mike Bradford. The Paul Hastings team will continue their work in this project as the casino, additional hotels, restaurant, retail, residential and other aspects of the project are developed including the structuring and creation of three condo-hotel regimes and a proposed timeshare project as well as implementing the sales of the condominium units and timeshare interests.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advising American Access Care in its $385 Million Sale to Fresenius Medical Care

Tue, 02 Aug 2011 00:00:00 Z

Orange County, Calif. - Paul Hastings LLP, a leading global law firm, announced today that the firm is representing American Access Care in its $385 million sale to Fresenius Medical Care, the world’s largest dialysis products and services company for $385 million. American Access Care operates 28 freestanding out-patient centers primarily dedicated to serving vascular access needs of dialysis patients. The transaction is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the fourth quarter of 2011.

Partner William J. Simpson, Chair of the Firm's Global Private Equity Practice Group, led the Paul Hastings team, which included of counsel Jeffrey Terry and associate John Kang.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Groupe du Louvre on €1.2 Billion Refinancing

Fri, 29 Jul 2011 00:00:00 Z

New York - Paul Hastings LLP, a leading global law firm, announced today that the firm is representing Groupe du Louvre in connection with the refinancing of a €1.2 billion facility.

The facility will be refinanced through two new facilities, one by Aareal Bank A.G. and the other by a syndicate of French lenders (Natixis, Crédit Agricole CIB, Société Générale and BNP Paribas).

The Aareal facility of €350 million will be used to refinance the luxury activities of Groupe du Louvre including the well-known Le Martinez hotel in Cannes, while the syndicated facility of €650 million will be used to refinance the budget division of Groupe du Louvre including the Campanile, Kyriad and Golden Tulip hotels.

The Paul Hastings team is being led by New York-based of counsel David Viklund and Paris-based partner David Lacaze and includes London partners Justin Jowitt and Joel Simon, Los Angeles partner Philip Feder and Paris-based partners Allard de Waal and Guillaume Kellner.

Owned by an affiliate of Starwood Capital Group, the Groupe du Louvre has four primary business activities: luxury hotels, budget hotels, a crystal manufacturer, and a perfume house. Under the brands of Concorde Hotels & Resorts, the luxury hotel division of Groupe du Louvre gathers more than 27 prestigious hotels established in prime locations including Le Martinez Hotel, the leading palace in Cannes. Louvre Hotel, the budget hotel division of Groupe du Louvre, is the second European hotels group with more than 800 hotels under four brands (Kyriad Prestige, Kyriad, Campanile, Première Classe) in nine European countries.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings conseille Groupe du Louvre

Fri, 29 Jul 2011 00:00:00 Z

Paris – Le cabinet d’avocats Paul Hastings LLP a conseillé Groupe du Louvre dans le cadre du refinancement d’une ligne de crédit d’un montant de 1,2 milliard d'euros.   

Le refinancement a été réalisé par la mise en place de deux nouvelles lignes de crédit. La première a été arrangée par la banque allemande Aareal Bank AG et la seconde par un syndicat de banques français regroupant Natixis, Crédit Agricole CIB, Société Générale et BNP Paribas.   

Le financement accordé par Aareal Bank AG s’élève à 350 millions d’euros et a pour objet le refinancement de l’activité “luxe" de Groupe du Louvre, dont fait partie l'hôtel Martinez à Cannes, l’Hôtel du Louvre et le Concorde La Fayette à Paris. Le crédit syndiqué, d’un montant de 650 millions d'euros, a été affecté à l'activité "budget" du Groupe du Louvre qui regroupe notamment les chaînes Campanile, Kyriad et les hôtels Golden Tulip. 

Détenu par une filiale du fonds Starwood Capital Group, Groupe du Louvre a quatre branches d'activité principales : hôtels de luxe, hôtels économiques, la cristallerie Baccarat et les parfums Annick Goutal. La branche hôtellerie de luxe de Groupe du Louvre comprend plus de 27 hôtels de prestige regroupés sous la marque Concorde Hotels & Resorts. La branche hôtellerie économique de Groupe du Louvre est la deuxième chaîne hôtelière du secteur en Europe. Elle regroupe plus de 800 hôtels sous quatre marques principales (Kyriad Prestige, Kyriad, Campanile, Première Classe) et est présente dans neuf pays européens.

L'équipe de Paul Hastings a été pilotée, en coordination avec David Viklund (Of Counsel) basé à New York, par David Lacaze (associé responsable de l’activité immobilière du bureau de Paris). L’équipe comprenait également Justin Jowitt et Joel Simon, associés du bureau de Londres, Philip Feder, associé responsable du département Immobilier de Paul Hastings, et deux autres associés parisiens, Allard de Waal (fiscalité) et Guillaume Kellner (corporate).

Cabinet d’avocats d’affaires international, Paul Hastings est présent en Europe, en Asie et aux Etats-Unis à travers 18 bureaux. Le bureau parisien, qui compte aujourd'hui 16 associés regroupe ses activités tant au niveau du conseil que du contentieux autour de tous les aspects du droit des affaires : fusions-acquisitions, private equity, gouvernance d’entreprise, marchés de capitaux, finance et restructurations, droit public et financement de projets, immobilier, fiscalité, droit social et droit européen. Dans le domaine du contentieux, le cabinet représente plus particulièrement ses clients sur des questions de réglementation boursière, procédures collectives, droit pénal de l’entreprise, droit de la concurrence et d’arbitrage.

Paul Hastings London Chair Wins M&A Advisor 2011 ’40 Under 40’ Award

Fri, 29 Jul 2011 00:00:00 Z

London - Paul Hastings LLP, a leading global law firm, announced today that its London Chair and vice chairman of the global Corporate Department Ronan O’Sullivan has been named a winner of the M&A Advisor 2011 ’40 Under 40’ Award. This Award recognizes up-and-coming leaders under the age of 40 who have been handling major M&A, financing and turnaround transactions behind the scenes.

Mr O’Sullivan has been named a winner for his impressive career achievements in overseeing the successful establishment and growth of the Paul Hastings London Corporate Finance practice and now, driving the firm’s global strategy to grow its London office. These achievements include leading a global team to represent Jacobs Engineering Group, Inc, a multinational engineering consultancy and Fortune 500 company, on the complex multi-faceted, cross-border US$913 million acquisition of the process and construction business of Oslo listed Aker Solutions ASA; and advising Jacobs Engineering in relation to its acquisition of Sula Systems Limited, a UK systems-based engineering and consultancy firm with approximately 70 employees.

Mr O’Sullivan says: “I am very pleased to be named a winner of this award which I regard as a recognition of the continuing success in London and beyond of our international M&A practice."

The awards ceremony was held on July 26th at The Hollywood Roosevelt Hotel in Los Angeles, the venue of the first-ever Academy Awards ceremony. The ‘40 Under 40’ Award winners were chosen for their accomplishments and expertise from a pool of international nominees by an independent judging panel of distinguished business leaders.

The M&A Advisor was founded in 1998 to offer insights and intelligence on middle market activities. Over the past twelve years it has established a premier membership network of mergers and acquisitions, turnaround and finance professionals.

Mr O’Sullivan joined the Paul Hastings London office in September 2005 and was made a partner in 2006. He graduated with an LL.B. from Trinity College in Dublin in 1994 and with a B.C.L., with first class honours, from St. Edmund Hall, Oxford University in 1995. He is a member of the City of London Solicitor's Company. He focuses his practice on capital markets and corporate finance, with emphasis on mergers and acquisitions and securities offerings.

Paul Hastings (Europe) LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises City National Bank as Lender in $2 Billion Senior Credit Facility

Fri, 29 Jul 2011 00:00:00 Z

Los Angeles, CA -- Paul Hastings LLP, a leading global law firm, announced today that the firm represented City National Bank in its role as a lender for Health Care REIT Inc., a leading investor in health care and senior living real estate. The $2 billion senior credit facility for Health Care REIT Inc. is with a consortium of 31 banks, including City National Bank.

The $2 billion unsecured revolving credit facility replaced the company’s $1.1 billion unsecured facility and will expire in July 2015. KeyBank National Association is the administrative agent for the credit facility.

Paul Hastings' finance and restructuring group partner Peter Burke and of counsel Jennifer Hildebrandt advised on the transaction.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Kratos Defense & Security Solutions In $115 Million High Yield Offering

Thu, 28 Jul 2011 00:00:00 Z

San Diego, CA - Paul Hastings LLP, a leading global law firm, announced today that the firm advised Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a provider of products and services for United States national security, in its 144A private placement of $115 million 10 percent Senior Secured Notes due 2017.

The private placement is in connection with the closing of Kratos Defense & Security Solutions’ acquisition of Integral Systems, Inc., a developer and provider of satellite system command and control software, signal monitoring, telemetry, interference identification, and military range processing products and solutions, which was completed on the same day.

The Paul Hastings team was led by Corporate partners Michael Chernick, Deyan Spiridonov and Teri O'Brien, and included partners Stephen Harris and Alexander Lee and associates Claudia Simon, Eliza Scott, Elizabeth Razzano and Melissa Garcia. Jefferies & Company, Inc. served as placement agent in connection with the offering and as a financial adviser to Kratos on the acquisition.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Strengthens Banking and Payments Practice With Top Regulatory Lawyer From Federal Reserve

Thu, 21 Jul 2011 00:00:00 Z

Washington, DC - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that Ky Tran-Trong has joined the Global Banking and Payment Systems practice as of counsel and will also co-chair the Payment Systems practice with Chris Daniel in Washington, D.C. Mr. Tran-Trong joins from the Board of Governors of the Federal Reserve, where he served as Counsel with The Division of Consumer and Community Affairs.

“There are very few lawyers in the country who understand the regulatory context applicable to payments as well as Ky; he will be a tremendous addition to our group personally and professionally,” said Chris Daniel, co-chair of the Payment Systems practice.

“Ky’s outstanding credentials will further strengthen and diversify our banking group on regulatory and consumer compliance and payment systems matters,” said V. Gerard Comizio, chair of the Global Banking and Payment Systems practice.

“We are continuing our expansion of the Global Banking and Payment Systems Group within our Washington D.C. office and are delighted to have Ky as another strong addition to a group possessing exceptionally deep government experience,” said Barbara Brown, chair of the Washington D.C. office.

During his time at The Federal Reserve Mr. Tran-Trong implemented the Debit Card Interchange Rule, the Electronic Fund Transfer Act, the Fair Credit Reporting Act and the consumer financial privacy provisions of the Gramm-Leach-Bliley Act. Prior to joining The Federal Reserve Board he worked for the U.S. Commodities Future Trading Commission.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises ExamWorks Group, Inc. On A $250 Million High-Yield Offering

Tue, 19 Jul 2011 00:00:00 Z

Atlanta, GA - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm has advised ExamWorks Group, Inc. (NYSE: EXAM), a leading provider of independent medical examinations, peer reviews, bill reviews and IME-related services, in its $250 million aggregate principal amount of its nine percent Senior Unsecured Notes due 2019.

Corporate partners Reinaldo Pascual and Elizabeth Noe led the Paul Hastings team, which included Eliza Scott, Brian Teras, Diane Nesson, Andy Short and Joseph Cohen.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents EIG Global Energy Partners In $100 Million Private Financing

Mon, 18 Jul 2011 00:00:00 Z

New York, NY - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that it is representing EIG Global Energy Partners, a leading institutional investor and one of the largest providers of capital to the energy sector, and its affiliates in connection with a $100 million private offering of senior secured notes issued to various investors advised by an affiliate of American International Group.

Finance partner Michael Chernick led the Paul Hastings team, which included associates Alicia Broughel, Nicole LaMontagne and Ryan Russell.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Ranks as Leading M&A Advisor in First Half of 2011

Mon, 18 Jul 2011 00:00:00 Z

New York, NY - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm was ranked as one of the top legal advisors by Bloomberg, Thomson Reuters and mergermarket, which recently released results for the first half of 2011.

Highlights include:

Global
The firm took a top 20 spot in worldwide middle market deals by deal count in both Thomson Reuters’ Small-Cap M&A Legal Advisory Review and Thomson Reuters’ Mid-Market M&A Legal Review.

Asia
Paul Hastings grabbed top 10 legal adviser spots to South Korean deals by deal count in Bloomberg’s Q1-Q2 2011 M&A League Tables and by both deal count and deal volume in mergermarket’s league tables. The firm also ranked in the top 10 in China-based deal count and deal volume for Thomson Reuters’ Small-Cap M&A Review, and in the top 10 by deal count and top 20 by deal volume in Thomson Reuters’ Mid-Market M&A Legal Review. Paul Hastings took top 20 spots in Hong Kong-based deal volume in Bloomberg’s Q1-Q2 2011 M&A League Tables, and in the top 15 by deal count in Thomson Reuters’ Mid-Market M&A Review.

United States
Paul Hastings hit the top 10 on US Mid-West M&A by deal count in mergermarket’s League Tables of Legal Advisors to Global M&A for the first half of 2011. In addition, the firm placed in the top 20 for US transactions by deal volume in the Thomson Reuters’ Mid-Market M&A Legal Review, the Thomson Reuters’ Small-Cap M&A Legal Advisory Review and for US-based deal count in the Thomson Reuters Small-Cap M&A Legal Advisory Review.

Europe
The firm was positioned in the top 20 for European deal count in Thomson Reuters’ Small-Cap M&A Legal Advisory Review. Specifically, Paul Hastings came in the top five in France-based deal count in both the Thomson Reuters Small-Cap M&A Legal Review and Mid-Market M&A Legal Review. Mergermarket and Bloomberg ranked the firm in the top 20 for France transactions.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Recognized for Integrating Women in Leadership

Tue, 12 Jul 2011 00:00:00 Z

New York, NY (July 12, 2011)- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm has received Gold Standard Certification from the Women in Law Empowerment Forum (WILEF). The recognition distinguishes firms that have integrated women in top leadership positions and compensated them well.

WILEF published a preliminary list of Gold Standard certified firms in June, reporting that of the more than 300 firms with more than 100 attorneys that were invited to apply, only 32 met the criteria to be certified. All of the enumerated firms established that women comprise a significant portion of their leadership structure and are top earners. At Paul Hastings, 40 percent of practice chairs globally are women and 50 percent of practice chairs in the United States are women.

“This recognition illustrates our commitment to advance female lawyers and is a testament to their talent,” said Seth Zachary, chairman of Paul Hastings.

“Paul Hastings is a firm that focuses on the development and advancement of women, values the contributions of all of its lawyers and recognizes the importance of integrating women in leadership positions, all of which have contributed to my ability to succeed in my practice and in the firm,” said Elizabeth Noe, chair of the Corporate practice at Paul Hastings.

WILEF evaluated firms for Gold Standard certification based upon six criteria, requiring that applicants meet at least three. The six criteria applicants must establish are: women account for at least 20 percent of equity partners; women represent at least 10 percent of firm chairs and office managing partners; women make up at least 20 percent of the firm’s primary governance committee; women represent 20 percent or more of the firm’s compensation committee; women make up at least 25 percent of practice group leaders or department heads; and women represent at least 10 percent of the top half of the most highly compensated partners.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Ranks In Ten Categories In Bloomberg’s Capital Markets Global Legal Adviser League Tables

Mon, 11 Jul 2011 00:00:00 Z

New York, NY - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm was ranked as one of the top legal advisers in Bloomberg’s Q2 2011 Capital Markets Global Legal Adviser League Table for the first half of the year with ten rankings.

The firm took a top five spot in the following categories: US Equity Linked Issuer Advisers by Deal Count, Asia ex-Japan Equity Linked Issuer Advisers by Deal Count, Asia ex-Japan Equity Linked Manager Advisers by Deal Count and HKSE Equity IPO Issuer Advisers.

Paul Hastings placed in the top ten in Asia ex-Japan Equity Linked Manager advisers by Volume, Asia ex-Japan Equity Linked Issuer Advisors by Volume, and HKSE Equity IPO Manager Advisors by Deal Count.

In addition the firm was positioned in the top 20 for US Equity Linked Issuer Advisers by Volume, Canadian Corporate Manager Advisers by Volume and HKSE IPO Equity IPO Manager Advisers by Volume.

Securities and Capital Markets transactions completed by Paul Hastings lawyers during the first half of 2011 include OCZ Technology’s public offering, Gevo’s initial public offering, Far East Horizon’s Hong Kong IPO and global offering and Top Spring International Holdings’ Hong Kong initial public offering.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises Treasury China Trust in Acquisition and Financing of Shanghai Shopping Mall

Mon, 11 Jul 2011 00:00:00 Z

Beijing & Shanghai (July 11, 2011) – Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that it has advised Treasury China Trust (“TCT”), a leading owner, developer and manager of commercial real estate in China listed on the Singapore Stock exchange, in its acquisition and financing of the Huai Hai Mall complex in Shanghai, China. Huai Hai Road is one of Shanghai’s major precincts for high-end and luxury brand retail shops.

As well as assisting in the purchase and sale documentation, Paul Hastings also advised in the negotiation and closing of the acquisition financing, consisting of an approximately S$55.29 million dual currency onshore and offshore loan facility provided by CITIC Bank International and CITIC Bank International (China) Limited, Shanghai Branch.

The Paul Hastings team was led by partners Joel Rothstein and David Blumenfeld with support from Jason Sass, Wayne Ma and Julian Zhu.

Paul, Hastings, Janofsky & Walker LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Wins Significant Italian Real Estate Award

Thu, 07 Jul 2011 00:00:00 Z

Milan, Italy (7 July 2011) -- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the Milan office was awarded the Premio Internazionale Le Fonti for Real Estate Firm of the Year.

Among the reasons given for the award were client service excellence and the firm's current involvement in some of the largest and most prominent real estate M&A transactions in the Italian market. These include the divestment by a major Italian bank of a real estate portfolio valued at approximately € 500 million and the sale of a listed building in Milan valued at approximately € 200 million by a fund management company part of a leading international investment group.

Commenting on the award, Paul Hastings Milan Co-chair Alberto Del Din said: "Alessandro Stoppa and I were delighted to accept this significant award on behalf of our real estate team. The award is a testament to our focus on client service excellence and our ability to assist firmwide clients with their Italian legal assistance needs."

Paul Hastings Advises Joint Bookrunners in Lotte Shopping’s US$900 Million Dual-Currency Convertible Bond Offering

Wed, 06 Jul 2011 00:00:00 Z

Hong Kong (July 6, 2011) – Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised the joint bookrunners in Lotte Shopping’s US$900 million dual-currency convertible bond. Lotte Shopping is one of South Korea’s biggest retailers and a market leader in both department stores and discount stores.

The deal consisted of US$500 million of dollar-denominated bonds and US$400 million of yen-denominated bonds, both with a five-year maturity and a three-year put.

The Paul Hastings team was led by partners Daniel Kim, David Grimm and Christian Parker with support from Dongho Lee and Steve Kang.

Paul, Hastings, Janofsky & Walker LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Continues to Grow Leveraged Finance Practice with Addition of Leading Finance Partner in New York

Wed, 06 Jul 2011 00:00:00 Z

New York, NY (July 6, 2011)- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that Michael Michetti has joined the Leveraged Finance practice in New York. Mr. Michetti, previously with Cahill Gordon & Reindel LLP, is a leading finance partner who advises numerous global banks on both bank lending and high-yield bond transactions.

“We are continuing to expand our Leveraged Finance practice to help clients with increasingly complex transactions,” said William Schwitter, chair of the Leveraged Finance practice. “Mike is widely recognized as a go-to leveraged finance lawyer and his experience on large and complex transactions will allow us to better serve our clients,” he added.

“This is a great opportunity for me to offer my clients access to the global network and broad practice mix at Paul Hastings,” said Mr. Michetti.

Mr. Michetti’s practice is principally focused on leveraged financings for acquisitions, recapitalizations and going private transactions. His clients include leading investment banking firms and commercial banks. Mr. Michetti has represented lead arrangers, underwriters, initial purchasers and placement agents in syndicated loans, public and private high-yield offerings and secured bank loans across an array of industries. He has also represented broker dealers in numerous matters, including dealer manager engagements, in consent solicitations and tender and exchange offer transactions.

Mr. Michetti’s arrival follows the addition of Rich Farley, who joined the Leveraged Finance practice in June.

Paul Hastings Selected For Barclays 2011 Legal Services Panel

Wed, 06 Jul 2011 00:00:00 Z

New York, NY - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm has been selected for Barclays 2011 Legal Services Panel, a biennial review of the UK and US legal firms that provide services to the financial services company.

The Firm was selected to the US and UK Investment Banking and Markets Panel to serve Barclays strategic and business legal needs globally.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents Rural/Metro As Warburg Pincus Acquisition Closes

Fri, 01 Jul 2011 00:00:00 Z

New York, NY - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented Rural/ Metro, an ambulance and emergency services company, on the closure of its acquisition by global private equity firm Warburg Pincus.

The deal is valued at $670 million and was announced March 28, 2011. Rural/Metro shareholders approved the terms of the merger agreement that will award shareholders with $17.25 per share of common stock in cash.

Corporate partner Barry Brooks led the Paul Hastings team, which included James Owens, Hyunah Kang, Farah Tariq and Elizabeth Razzano.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Represents UBS As Agent In Restructuring of PlayPower

Fri, 01 Jul 2011 00:00:00 Z

New York, NY - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented UBS AG, Stamford Branch as the agent on a senior credit facility, which worked with company lenders to restructure and arrange additional financing for PlayPower, an international manufacturer of playground equipment.

Under the terms of the agreement, UBS arranged for PlayPower’s lenders to extend maturities and restructure approximately $121 million in debt and to provide an additional working capital facility. In addition PlayPower received $45 million in investment funds from Apollo Investment Corp. to complete the restructuring whereby Apollo will own 100 percent of the company.

Corporate practice partner’s Jesse Austin and Leslie Plaskon led the deal.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Advises American Home Bank in its Voluntary Dissolution

Fri, 01 Jul 2011 00:00:00 Z

New York, NY - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm advised American Home Bank on bank regulatory matters in connection with its recent voluntary dissolution.

American Home Bank was a Chicago-based subsidiary of American Home Mortgage Investment Corporation, which was once among the leading mortgage lenders in the country before it filed for Chapter 11 bankruptcy. The Bank was successfully run throughout the bankruptcy of its parent shareholder and ultimately was liquidated to the benefit of the bankruptcy estate. The liquidation of the Bank was accomplished through asset sales, deposit run-offs and branch closings in accordance with a liquidation plan approved by its primary federal regulator and approval terminating its deposit insurance issued by the FDIC. A liquidating trust has now been established to address any unknown contingent liabilities.

Corporate of counsel Lawrence Kaplan led the Paul Hastings team, which included Erica Berg Brennan, also of counsel with the Corporate practice.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Soars Into Top Three On American Lawyer’s 2011 A-List

Thu, 30 Jun 2011 00:00:00 Z

New York, NY (June 30, 2011) - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm ranked in the top three on The American Lawyer’s prestigious 2011 A-List, which lists the largest and most prominent law firms based in the United States. Showing significant improvement from last year, the firm jumped seven spots to the third most successful law firm in the nation.

“Paul, Hastings, Janofsky & Walker ranked third on this year's list thanks to improved scores in all four categories, but most impressively in associate satisfaction,” according to The American Lawyer.

The American Lawyer’s A-List measures performance of firms in four key areas: revenue per lawyer, commitment to pro bono work, associate satisfaction and workplace diversity. According to The American Lawyer, the A-List “was created in an effort to assess (and rank) the nation's largest and most prominent law firms in a holistic way.”

Paul Hastings conseille AUSY lors de l’acquisition d’ELAN GmbH

Wed, 29 Jun 2011 00:00:00 Z

Paris le 29 juin 2011 - PAUL HASTINGS a conseillé le groupe AUSY (cotée sur NYSE/Eurolist) à l’occasion de son acquisition de la société ELAN GmbH auprès du groupe EDAG (628 M€ de CA et 6.000 personnes).

Présent en Allemagne depuis plus de deux ans à travers un partenariat avec le Groupe EDAG, le Groupe AUSY renforce ainsi sa présence géographique et son offre technique dans le secteur de l’aéronautique.

ELAN compte près de 200 collaborateurs pour un chiffre d’affaires 2010 de plus de 25M€.

Cette opération, qui sera finalisée après l’accord des autorités locales de la concurrence, vient consolider l’offre du Groupe AUSY et s’inscrit dans le cadre de son plan « Avenir » (300 M€ de CA et 4.000 collaborateurs à l’horizon 2012).

Le cabinet Paul Hastings a conseillé AUSY: Guillaume KELLNER (associé) et Etienne MATHEY (Of Counsel); ils étaient accompagnés, sur les aspects de droit allemands, du cabinet Friedrich Graf von Westphalen : Gerhard MANZ et Iris JACHMANN.

L’équipe de Paul Hastings a accompagné la société AUSY dans toutes ses opérations en 2011 (acquisitions de Aptus et d’APX, ainsi que lors de l’augmentation de capital sur NYSE Euronext).

Le groupe EDAG était conseillé par le cabinet Braun Leberfinger Ludwig Weidinger : Florian SCHMIDT, Isabelle DITTNER.

Cabinet d’avocats d’affaires international, Paul Hastings est présent en Europe, en Asie et aux Etats-Unis à travers 18 bureaux. Le bureau parisien, qui compte aujourd'hui 16 associés regroupe ses activités tant au niveau du conseil que du contentieux autour de tous les aspects du droit des affaires : fusions-acquisitions, private equity, gouvernance d’entreprise, marchés de capitaux, finance et restructurations, droit public et financement de projets, immobilier, fiscalité, droit social et droit européen. Dans le domaine du contentieux, le cabinet représente plus particulièrement ses clients sur des questions de réglementation boursière, procédures collectives, droit pénal de l’entreprise, droit de la concurrence et d’arbitrage.

Paul Hastings Advises Energy Development Corporation on its US$175 Million New Club Loan

Tue, 28 Jun 2011 00:00:00 Z

Hong Kong (June 28, 2011) – Paul, Hastings, Janofsky & Walker, a leading global law firm, announced that it has advised Energy Development Corporation (“EDC”), the Philippines’ largest producer of geothermal energy, in its US$175 million transferable syndicated term loan facility provided by Australia and New Zealand Banking Group Limited, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Chinatrust Commercial Bank, ING Bank N.V., Manila Branch, Maybank Group, Mizuho Corporate Bank, Ltd. and Standard Chartered Bank.

The new loan has a tenor of six years and the proceeds will be used by EDC to refinance its existing three-year US$175 million term loan facility which closed in 2010, on which Paul Hastings also advised EDC. The new loan lengthens the remaining life of the existing facility and substantially lowers interest costs. The total firm underwritten commitment received from the seven banks was in excess of US$600 million, three times more than the target amount.

The Paul Hastings team was led by partners Patricia Tan Openshaw and Josh Isenberg with additional support from associate James Ma.

Paul, Hastings, Janofsky & Walker LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
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Paul Hastings advises on the first publicly offered European CMBS since the credit crunch

Tue, 28 Jun 2011 00:00:00 Z

London, UK (June 28, 2011) – Paul, Hastings, Janofsky & Walker (Europe) LLP, a leading global law firm, announced today that it advised Deutsche Bank AG, London Branch in connection with the £302 million Commercial Mortgage Backed Securitisation ("CMBS") by DECO 2011-CSPK which completed today.

The transaction is the first CMBS that has been placed into the market in Europe since 2007. It has been closely monitored by market participants as it is generally considered to represent the re-launch of the CMBS market in Europe and is the first European transaction implementing CMBS 2.0 principles and structural improvements to the CMBS structures before the credit crunch.

The new CMBS issuance is backed by a £302 million loan made to Blackstone to fund its £480 million acquisition of the Chiswick Park Estate, a grade A business park in Chiswick in West London. Blackstone's acquisition was also funded in part by a £60 million mezzanine loan funded by GIC, Singapore's sovereign wealth fund.

Paul Hastings assisted Deutsche Bank in the preparation and negotiation of the transaction documents and the implementation of CMBS 2.0.

Partner Charles Roberts says: “This is a landmark transaction for the European CMBS market. Hopefully, this transaction will lead the way to the recovery of the CMBS market in Europe. The success of this transaction indicates that the CMBS market has the ability to re-emerge as a significant source of debt capital for the European commercial real estate market.”

The Paul Hastings team is being led by partners Charles Roberts and Conor Downey in London, assisted by tax partner Arun Birla and associates Miles Flynn, Jennie Dorsaint, Jiten Tank, Tony Green, Sam Kakati, and trainee Sarah Clarke.

The deal comprises three publicly offered tranches. A £235 million tranche has been rated AAA with a coupon of 1.75 per cent over LIBOR, and there are two higher loan to value tranches of £30 million, rated AA with a coupon of 2.75 per cent over LIBOR, and £37 million, rated A-/A tranche with a coupon of 3.75 per cent over LIBOR.

Chiswick Park in west London is one of Britain’s largest office parks with nine office buildings let to companies such as Tullow Oil and Paramount Pictures on a 33-acre site.

Paul Hastings Represents GE Capital Markets Backing of Metropolitan Health Networks and Continucare Merger

Mon, 27 Jun 2011 00:00:00 Z

New York, NY (June 27, 2011)- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented GE Capital Markets as the sole book runner and sole lead arranger for the debt financing of Metropolitan Health Networks acquisition of Continucare Corporation.

Metropolitan Health is acquiring Continucare in a cash and stock transaction set to close in third quarter of 2011. To back the deal, Metropolitan Health will use $93 million in cash and has secured a fully underwritten $355 million financing commitment from General Electric Capital Corporation.

Finance partner Chris Molen led the Paul Hastings team, which included Corporate partner Elizabeth Noe and associates Josh Hill and Roger Mitchell.

Paul Hastings Represents Strategic Hotels in Acquisition of Remaining Interest in InterContinental Chicago Hotel

Mon, 27 Jun 2011 00:00:00 Z

New York, NY (June 27, 2011)- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented Strategic Hotels & Resorts, Inc. in the acquisition of the 49 percent interest in the InterContinental Chicago hotel previously held by an affiliate of the Government of Singapore Investment Corporation in exchange for approximately 10.8 million shares of Strategic's common stock at an agreed upon issuance price of $6.50 per share, approximately $11.8 million of cash, pro rata share of working capital and certain reimbursements, subject to a post-closing adjustment.

Michael L. Zuppone, chair of the Securities & Capital Markets practice, and Yariv Katz, Securities & Capital Markets associate, led the Paul Hastings team, which included Corporate associate Keith Gartner.

Paul Hastings Advises Energy Development Corporation on its US$75 Million new loan and PHP4.1 Billion existing loan with IFC

Wed, 22 Jun 2011 00:00:00 Z

Hong Kong (June 22, 2011) – Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced that it has advised Energy Development Corporation (“EDC”), the Philippines’ leading producer of geothermal energy, in its new US$75 million term loan facility provided by International Finance Corporation (“IFC”). The new loan has a tenor of 15 years and the proceeds will be used by EDC to finance its medium-term capital expenditure program.

This new loan follows a PHP4.1 billion term loan provided by IFC in 2008, on which Paul Hastings also advised EDC.

The Paul Hastings team was led by partner Patricia Tan Openshaw with additional support from associate James Ma.

Paul, Hastings, Janofsky & Walker LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
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Paul Hastings et Freshfields conseillent l’Etat dans le cadre du financement de 7,8 milliards d'euros de la ligne ferroviaire Tours-Bordeaux

Tue, 21 Jun 2011 00:00:00 Z

Paris, le 21 juin 2011 – Les cabinets Paul Hastings et Freshfields ont conseillé l’Etat en tant que garant d'une partie des prêts qui ont été consentis par les banques commerciales et la Banque Européenne d'Investissement dans le cadre du financement de la nouvelle ligne ferroviaire à grande vitesse Tours-Bordeaux. Il s'agit du plus important projet d’infrastructures publiques en Europe depuis plus de vingt ans.

La concession d’une durée de cinquante ans porte sur le financement, la conception, la construction, l’exploitation et la maintenance de cette nouvelle ligne ferroviaire. L'attributaire est la société LISEA détenue par un consortium formé de VINCI (mandataire du consortium), CDC Infrastructure, Axa Private Equity et Sojas.

Le financement qui s’élève à un montant total 7,8 milliards d’euros est très probablement le seul financement de projet qui bénéficiera de la garantie de l'Etat prévue par l'article 6 de la loi de finance rectificative n°2009-122 du 4 février 2009. Cette loi, adoptée dans le cadre du plan de relance de l'économie, avait autorisé le ministre chargé de l'économie d'accorder la garantie de l'Etat aux prêts octroyés par la Banque Européenne d'Investissement et les établissements de crédits agréés au sens du code monétaire et financier, pour faciliter le financement de projets dont la réalisation était jugée prioritaire.

L’Etat garant était conseillé par Paul Hastings sur la documentation financière, la documentation relative à la garantie et les aspects financement du dossier : Mounir Letayf (associé) assisté de Daniella Lorté-Villarçon.

L'Etat garant a été également conseillé par Freshfields Bruckhaus Deringer sur les aspects documentation de projet et droit public : Pascal Cuche (associé) et Marc Lordonnois (Counsel).

RFF concédant était conseillé par Hogan Lovells ainsi que par Darrois Villey Maillot Brochier.

RFF garant était conseillé par Linklaters.

LISEA était conseillé par Allen & Overy.
Les banques commerciales étaient conseillées par White & Case.
La Banque Européenne d'Investissement était conseillée par Wilkie Farr & Gallagher.La direction des fonds d’épargne de la Caisse des dépôts et consignations était conseillée par Herbert Smith

Paul Hastings Advises The Kooples on an Investment by LBO France

Tue, 21 Jun 2011 00:00:00 Z

Paris, France (21 June, 2011) – Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, has advised The Kooples on the acquisition of a minority stake of 20 per cent of its share capital by LBO France, designed to accelerate its international growth.

Formed in 2008 by Alexandre, Laurent, and Raphael Elicha, The Kooples has been popular in the French and British markets as a result of its innovative design of clothing storage and closet space for couples and its chic and offbeat collections.

During the last three years, The Kooples has experienced steady growth and developed a network of more than 160 retail outlets in France. The brand spread to the U.K. in November 2010 and now has 15 retail outlets. The Kooples expects sales of €100 million and EBITDA ®25 million for 2010/11.

The presence of LBO France as an investor in The Kooples will make it possible to strengthen the company, support its strategy, and take advantage of attractive opportunities that are available to the brand.

Paul Hastings partners Pascal de Moidrey and Edith Boucaya advised The Kooples on corporate issues, and partner Allard de Waal advised on French tax aspects.

Paul Hastings Advises Ercom in Connection with Equity Investment by the FSI

Tue, 21 Jun 2011 00:00:00 Z

Paris, France (21 June, 2011) – Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, has advised Ercom in connection with an investment in its share capital by the FSI (Fond Stratégique d’Investissement).

ERCOM, a French company specializing in the design and development of innovative telecommunications solutions, recently announced a major capital increase.

A leader in the development of customized and sophisticated testing technologies for securing telecommunications systems, ERCOM will now be able to pursue its development of the 4G/LTE system and strengthen its international presence.

The capital increase is being taken up by the FSI and by its historical shareholders: Alven Capital, A plus Finance, Capzanine, and OTC AssetManagement, with the assistance of Lazard.

Paul Hastings partners Pascal de Moidrey and Edith Boucaya advised Ercom on the corporate aspects of the transaction.

Paul, Hastings, Janofsky & Walker LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

Paul Hastings Expands Leveraged Finance Practice with Addition of Top-Tier Partner in New York

Mon, 20 Jun 2011 00:00:00 Z

New York, NY (June 20, 2011)- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that Rich Farley has joined the Leveraged Finance practice in New York. Mr. Farley, who was previously with Cahill Gordon & Reindel LLP, is an industry leader who advises numerous global banks on both bank lending and high-yield bond transactions.

“This is a critical time in the leveraged finance market, with competition for transactions as intense as ever,” said William Schwitter, chair of the Leveraged Finance practice. “Rich is one of the most recognized leveraged finance lawyers in the country, and his experience advising on both syndicated lending and high-yield bond transactions will allow us to offer clients ‘one stop shopping’ across the entire spectrum of debt financing,” he added.

“We are fortunate to be adding such top-tier talent to our finance team,” said Elizabeth Noe, chair of the firm’s Corporate practice. “Rich’s background complements our expertise in acquisition and debt financing and positions us to increase significantly our participation in complex financing transactions,” she added.

Mr. Farley has extensive experience in complex syndicated loan and high-yield debt financings. His practice centers on representing some of the world’s leading commercial and investment banks in leveraged buyout financings, recapitalizations and refinancings and he is recognized in the market as one of the leading practitioners in the acquisition finance space. His clients include lead arrangers, underwriters and initial purchasers participating in domestic and cross border transactions. Mr. Farley joins from Cahill Gordon & Reindel LLP.

Paul Hastings Expands Corporate Practice in London With Appointment of Garrett Hayes

Thu, 16 Jun 2011 00:00:00 Z

London, U.K. (16 June, 2011) – Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced that Garrett Hayes joined the London office, enhancing the firm’s M&A and private equity practice in London. Garrett joins the firm from Macfarlanes where he has been a partner since 2005.

Garrett’s expertise covers a broad range of general corporate work, M&A and private equity and in particular he has acted for private equity sponsors and portfolio companies on leveraged buyouts, restructurings and auction sale processes. He has also advised management on a number of high profile transactions.

The appointment of Garrett Hayes continues the expansion of the firm’s global private equity practice, following the addition of five partners in Paris earlier this year and four partners in the firm’s Chicago office in 2010.

Commenting on the appointment, Ronan O’Sullivan, Chair of the London office, noted: “The growth of the London corporate practice remains a central strategy for our firm. Garrett’s experience in the private equity market coupled with the strength of our international footprint provides a great opportunity for us as our practice continues to grow in London and Europe.”

The London corporate practice recently represented Jacobs Engineering Group, Inc., a multinational engineering consultancy and Fortune 500 company, on the US$913 million acquisition of the process and construction business of Oslo listed Aker Solutions ASA.

Paul Hastings Excels in Chambers USA 2011 Guide

Fri, 10 Jun 2011 00:00:00 Z

New York, NY (June 10, 2011) - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that Chambers USA has named 102 lawyers and 41 practice areas to its 2011 list of leading lawyers and law firms in the United States.

Paul Hastings practice areas and individual lawyers were ranked in the following categories and locations:

Nationwide

Capital Markets: REITs
Lawyer recognized: Michael Zuppone

Corporate/M&A: Highly Regarded

ERISA Litigation

Financial Services Regulation: Banking (Compliance)

Franchising
Lawyer recognized: Michael Lindsey

International Arbitration
Lawyers recognized: Christopher Dugan, Joseph Profaizer

Investment Funds: Private Equity: Fund Formation
Lawyer recognized: Joshua Sternoff

Investment Funds: Registered Funds
Lawyers recognized: David Hearth, Domenick Pugliese, Michael Rosella

Labor & Employment

Leisure & Hospitality
Lawyers recognized: Lauren Giovannone, Rick Kirkbride

California

Banking & Finance
Lawyers recognized: Katherine Bell, Peter Burke, John Hilson, Jennifer Yount

Capital Markets: Debt & Equity
Lawyer recognized: Jeffrey Hartlin

Corporate/M&A: Southern California
Lawyers recognized: Robert Miller, Carl Sanchez

Employee Benefits & Executive Compensation
Lawyer recognized: Ethan Lipsig

Environment
Lawyers recognized: Gordon Hart, Deborah Schmall, Peter Weiner

Healthcare
Lawyers recognized: Paul Gomez, James Owens, Gayl Westendorf

Intellectual Property

Labor & Employment
Lawyers recognized: Nancy Abell, Elena Baca, Paul Cane, Paul Grossman, Bradford Newman, Kirby Wilcox, Jeffrey Wohl

Litigation: General Commercial
Lawyer recognized: John Reding

Real Estate
Lawyers recognized: Charles Thornton, Alan Weakland

Tax
Lawyers recognized: Nancy Iredale, Alexander Lee, Douglas Schaaf, Thomas Wisialowski

District of Columbia

Intellectual Property
Lawyer recognized: Allan Soobert

Labor & Employment
Lawyer recognized: Barbara Brown, Neal Mollen, Ken Willner

Telecom, Broadcast & Satellite: Regulatory
Lawyers recognized: Tara Giunta, Eric Greenberg

Georgia

Banking & Finance
Lawyer recognized: Chris Molen

Banking & Finance: Mainly Regulatory
Lawyer recognized: Chris Daniel

Bankruptcy/Restructuring
Lawyer recognized: Jesse Austin

Corporate/M&A
Lawyers recognized: Tinley Anderson III, Erik Belenky, Walter Jospin, Frank Layson, Elizabeth Noe, Rey Pascual

Labor & Employment
Lawyers recognized: Leslie Dent, Geoff Weirich, Weyman Johnson, John Wymer

Litigation: General Commercial
Lawyers recognized: Allen Maines, John Parker

Tax
Lawyer recognized: Phil Marzetti

Illinois

Corporate/M&A & Private Equity
Lawyers recognized: Amit Mehta, Paul Quinn, Brian Richards

Labor & Employment

Real Estate
Lawyers recognized: Daniel Perlman, Gregory Spitzer

New York

Corporate/M&A: Highly Regarded

Intellectual Property: Patent
Lawyers recognized: Gerald Flattmann, Joseph O’Malley, Bruce Wexler

Intellectual Property: Trade Mark & Copyright
Lawyers recognized: Victoria Cundiff, Robert Sherman

Labor & Employment
Lawyers recognized: Allan Bloom, Erika Collins, Zachary Fasman, Patrick Shea

Litigation: General Commercial: Highly Regarded

Real Estate: Mainly Dirt

Technology & Outsourcing
Lawyer recognized: David Klein

In addition to the above, the following lawyers were individually ranked:

Nationwide

Timothy Callahan, Projects

William DeGrandis, Energy: Electricity (Regulatory & Litigation)

Timothy Dickinson, International Trade: FCPA Experts

Gerald Flattmann, Life Sciences: IP/Patent Litigation

John Hilson, Banking & Finance

Stephen Kinnaird, Appellate Law

Ethan Lipsig, Employee Benefits & Executive Compensation

California

Jeff Randall, Intellectual Property: Patent

William Simpson, Corporate/M&A: Private Equity

William Sullivan, Litigation: Securities

Peter Weiner, Energy: State Regulatory & Litigation

District of Columbia

Kirby Behre, Litigation: White-Collar Crime & Government Investigations

Michael Cohen, Antitrust

Thomas Mounteer, Environment

Georgia

Charles Sharbaugh, Real Estate

Illinois

Louis Hernandez, Banking & Finance

Thaddeus Malik, Corporate/M&A

New York

Kenneth Breen, Litigation: White-Collar Crime & Government Investigations

Luc Despins, Bankruptcy/Restructuring

Martin Edelman, Real Estate

David Freeman, Environment

Jesse Hiney, Environment

Douglas Koff, Litigation: White-Collar Crime & Government Investigations

Eric Landau, Real Estate

Barry Sher, Litigation: General Commercial

Robert Wertheimer, Real Estate

Paul Hastings Advises the Sponsor in Perennial China Retail Trust’s Singapore Business Trust Listing

Thu, 09 Jun 2011 00:00:00 Z

Hong Kong (June 9, 2011) – Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised Perennial Real Estate Pte. Ltd., (“Perennial Real Estate”), an integrated retail real estate management and capital management company, as the sponsor of Perennial China Retail Trust’s business trust. Perennial China Retail Trust, whose investment objectives focus on owning and developing uncompleted developments as well as income-producing real estate and listed securities of real estate companies investing in retail, raised S$776 million (US$627 million) from the offering. This marks the first pure-play PRC retail development business trust to list on the Singapore Stock Exchange and the third largest IPO in Singapore so far this year.

Perennial China Retail Trust is managed by Perennial China Retail Trust Management Pte. Ltd., a joint venture between Perennial Real Estate Pte. Ltd. and the Nan Fung Group. DBS, Goldman Sachs, Standard Chartered and Citigroup were the joint global coordinators and bookrunners on the transaction.

The initial S$1.1 billion (US$893 million) property portfolio of Perennial China Retail Trust comprises 50% stakes in three prime assets in Shenyang, and the right to acquire shopping malls in Foshan and Chengdu. It also has the option to invest in a strong pipeline of prime commercial development sites connected to high-speed railway stations in Chengdu and Xian and a right of first refusal to invest in a high-speed railway commercial development site in Changsha.

The Paul Hastings team was led by partner Vivian Lam with additional support from Pei Fang, Yang Ling and Erika Wan.

Paul, Hastings, Janofsky & Walker LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
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Paul Hastings Advises SunTrust Bank and SunTrust Robinson Humphrey on The New York Times Company Credit Facility

Thu, 09 Jun 2011 00:00:00 Z

Atlanta, GA (June 9, 2011) - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented SunTrust Bank as administrative agent and SunTrust Robinson Humphrey, Inc., as joint left-lead arranger on a $125,000,000 senior secured revolving credit facility with The New York Times Company and certain of its subsidiaries.

Corporate partner Chris Molen led the Paul Hastings team, which included Behrouz Kianian and Martha McLain.

Paul Hastings Advises R Capital and Paris Orléans on MBO of FircoSoft

Fri, 03 Jun 2011 00:00:00 Z

Paris, France – Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, has advised R Capital and Paris Orléans, entities belonging to the Rothschild group in connection with a Management Buy Out of FircoSoft Group, an international leader in payment screening systems, previously owned by Sword Group.

With offices in Paris, New York, London, and Singapore, FircoSoft saw its revenues grow by more than 20 per cent per year over the last two years, and it makes its services available to more than 400 clients located in 70 countries.

In connection with this transaction, R Capital and Paris Orléans worked with the historical management team led by Jean Losco, FircoSoft Group’s new Chairman. Idinvest Partners contributed mezzanine financing in this transaction, with senior debt co-arranged by Société Générale and LCL.

The Paul Hastings team was led by Corporate Partner Olivier Deren, assisted by Arnaud Levasseur. Partners Mounir Letayf and Allard de Waal, assisted by Laurent Ragot also advised on the transaction.