Paul Hastings Real Estate Practice Wins Chambers USA Award for Excellence 2007

June 15, 2007

Paul Hastings Real Estate Practice Wins Chambers USA Award for Excellence 2007

New York, NY (June 15, 2007) Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, is pleased to announce that the firms Real Estate Department was honored with the Chambers USA Award for Excellence. The award, which recognizes the outstanding achievements of firm practice areas in the United States, was presented last night at a ceremony at Cipriani in New York.

Chambers extensive research process combines twelve months of unbiased and professional research interviews carried out for the Chambers USA 2007 guide with an evaluation of each lawyers significant legal achievements.

About Chambers and Partners

Chambers and Partners, based in London, began as general book publishers in 1969. Since 1990, they have published the Chambers UK, a clients guide to the UK legal profession. Chambers staff of full-time researchers now prepares renowned directories, which assess the worlds leading lawyers according to their reputations amongst their clients. The USA Guide was first introduced in 2003. The 5th annual Chambers USA: Americas Leading Lawyers for Business is based on in-depth interviews with key in-house counsel and leading private practice attorneys. For more information about Chambers and Partners, visit www.chambersandpartners.com

About Paul Hastings Real Estate Department: With approximately 190 attorneys, Paul Hastings has one of the largest real estate practices of any international law firm. Recognized for its excellence, the firms partners cumulative experience extends to the lending, acquisition, leasing and investment of and in real estate assets on a national and international scale. The department has been at the forefront of the introduction of international standards and practices to the acquisition, financing and workouts of non-performing secured and unsecured real estate and corporate loans.

Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,200 attorneys in 18 offices. The firm serves a diverse client base including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in banking and finance, capital markets, corporate/M&A, litigation and dispute resolution, intellectual property, project finance, investment management, real estate, labor and employment and tax advisory services. For additional information, please visit our website at www.paulhastings.com.