Paul Hastings Wins National M&A Award for Advising Marvel Entertainment on $4 Billion Sale to The Walt Disney Company

December 17, 2010

New York, NY (December 17, 2010) - Paul Hastings LLP, a leading global law firm, announced today that the firm was awarded M&A Advisors' Media, Entertainment or Telecom Award deal of the year for deals over $500 million for advising Marvel Entertainment, Inc. on its $4 billion sale to The Walt Disney Company. Additionally, Paul Hastings was a finalist in the "Magnus Deal of the Year" category, for deals over $1 billion, for the same deal.

The Disney Marvel transaction represented one of the largest and most complex deals of 2009. The transaction was structured as a cash and stock, tax-free double merger, whereby Disney acquired ownership of Marvel, including its portfolio of more than 5,000 Marvel characters for US$4 billion.

Partners Carl Sanchez and Michael Zuppone led the Paul Hastings deal team, which also included partners Douglas Schaaf, Stephen Harris, and Jane Song.

The M&A Advisor Awards annually recognize the leading M&A dealmakers in the nation. Winners were selected from 234 finalists in 47 categories by an independent group of expert judges that span the M&A industry.

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.