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Paul Hastings Advises Kobe Steel on Joint Venture with United States Steel Corporation

January 03, 2011

New York, NY - Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that the firm is advising Kobe Steel, Ltd., one of Japan's leading integrated steelmakers of high-end steel products, on its joint venture with United States Steel Corporation.

Kobe Steel and United States Steel Corporation recently reached an agreement for their joint venture, PRO-TEC Coating Company, to begin construction on a continuous annealing line at the facility. The project is expected to increase the joint venture's ability to serve its automotive customers. The capital investment for this project is approximately $400 million.

Corporate partners Barry Brooks and Matthew Berger are leading the Paul Hastings team, which includes associates Heather Davis and Adam Young.

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.