New York, NY (March 10, 2011) - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented Silk Road Group S.A., a leading private investment company in Central Asia, on an agreement to license the Trump brand for the construction and development of two luxury properties in the Republic of Georgia.
The two projects, which represent the Trump brands entrance into the Central Asian real estate market, include the development of more than 100 residential units in the resort town of Batumi and a tower hotel in the capital of Tbilisi. These projects are expected to be the first phase of a total investment of $250 million.
Both Donald Trump and the President of Georgia, Mikheil Saakashvili, signed the agreement today at Trump Tower in New York. Corporate partner David M. Klein
handled the representation of Silk Road Group.
Paul, Hastings, Janofsky & Walker 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.