Financial Times Recognizes Paul Hastings as Top Ten Innovative Law Firm
New York, NY - Paul Hastings LLP, a leading global law firm, announced today that the firm was listed as one of the most innovative US law firms in the Financial Times US Innovative Lawyers 2011 report. Paul Hastings was ranked as the seventh most innovative US law firm overall and tied for the top most innovative law firm in Technology, Media and Telecoms. The firm was also recognized for corporate law, litigation, finance and the business of law. This annual report honors innovative lawyers and firms, which according to the publication, were consistently found to be creating transformative solutions for clients.
Paul Hastings was commended for innovative work in the following areas:
Advised on JPMorgan Chases precedent-setting cross-border transaction
In a deal that has opened up the Hong Kong stock exchange to international companies wishing to establish a secondary listing with depository receipts, the firm advised JPMorgan Chase on Brazilian mining company Vales listing in Hong Kong.
Technology, Media and Telecoms
Helped devise Facebooks new transactional structure and the Open Compute Project
Facebook stamped its mark on the server industry with a blueprint, developed with the help of Paul Hastings, designed to spread the know-how behind its energy-efficient data centres and allow a new group of low-cost hardware makers to compete for its business.
Defended UBS in a precedent-setting dismissal of investor class actions
Inverting the normal approach in class action cases, the firm focused on the plaintiffs damages rather than the merits of the case. The lawyers argued the plaintiffs had effectively already received a full refund of their auction-rate securities investments and could no longer seek damages.
Represented Capital Trust in unique restructuring
Engineered a unique transaction structure and series of equity instruments and secured endorsement of creditors to achieve an out-of-court deal.
Business of Law
Providing market intelligence in the commercial lending sector
Addressing the lack of data in secured loan transactions, built a database to identify market issues for clients.
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.