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Paul Hastings Advised Shui On Land in Asset Swap Agreement with Trophy Property Development

October 04, 2013

Hong Kong/New York -- Paul Hastings LLP, a leading global law firm, announced today that it represented Shui On Land Limited and its wholly-owned subsidiary, Shui On Development (Holding) Limited, as it entered into a swap agreement with Trophy Property Development L.P.  Trophy Property Development will swap with Shui On Land all of its interests in the  Rui Hong Xin Cheng (Shanghai), Wuhan Tiandi, and Chongqing Tiandi projects, in exchange for 100% interest in a project in Shanghai commonly known as Taipingqiao.

Upon completion, Shui On Land and Trophy Property Development will enter into a joint venture agreement with respect to the Taipingqiao project.

Real Estate partners John Cahill and Derek Roth led the Paul Hastings team, with assistance from associates Lisa Park, May Lun and Heather Lockhart.

Paul Hastings 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.