New York, NY – Paul Hastings LLP, a leading global law firm, announced today that the Firm was recognized by Law360, a leading legal industry news publication, as a 2016 Hospitality Practice Group of the Year.
In a related profile, the hospitality team (of 18 partners and counsel along with more than 35 associates) was highlighted for their work in all of Carey Watermark Investors acquisitions since inception of the company; the restructuring and $265 million construction financing of an Ian Schrager Manhattan hotel and residential project; the $215 million acquisition of the Andaz hotel in New York by the Takenaka Corp.; and Apollo Global Management’s $2.2 billion acquisition of timeshare property operator Diamond Resorts International. Additionally, the firm was noted for representing clients including Oaktree Capital, Dubai World Corp., Equity Group Investments and GIC.
This marks the latest in a series of accolades for the Firm’s hospitality practice, which is the only law firm to have been ranked in Band One in Leisure & Hospitality by Chambers USA every year since Chambers USA starting honoring preeminent leisure and hospitality practice groups in 2007. Rick Kirkbride, partner in Paul Hastings’ real estate group and chair of the Firm’s hospitality practice, is one of only two individual lawyers ranked in Band One in Leisure & Hospitality by Chambers and Partners every year since 2007, and was named a 2015 Law360 Hospitality MVP. In February 2016, the Firm’s Real Estate practice, in which the Hospitality practice sits, was recognized as one of Law360’s 2015 Practice Groups of the Year.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.