Seoul — Paul Hastings LLP, a leading global law firm, announced today that the firm is advising Korea-based Hotel Shilla on its proposed US$121 million acquisition of 44% stake in US-based retailer 3Sixty Duty Free, operated by Travel Retail Group Holdings, a Florida-based duty free operator.
Hotel Shilla is the listed hospitality arm of Samsung Group and operates luxury hotels and duty-free shops in Korea and abroad. 3Sixty Duty Free is a world-class duty-free specialty retailer in retail options for travelers and travel-related audiences.
The Paul Hastings team was led by Seoul corporate partner Daniel Kim and attorney Hae-In Park, with support from Seoul-based associates Albert Nah and Han Kyu Lee, and from Washington, D.C.-based partner Robert Silvers and associates Randall Johnston and Quinn Dang.
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