Paul Hastings Recognized For Groundbreaking Deals in Asia

December 21, 2006

Paul Hastings Recognized For Groundbreaking Deals in Asia

The innovative and groundbreaking work of Paul Hastings' Asia offices on several 2006 deals has been recognized by three Asian business publications: Asian-Counsel, The Asset and FinanceAsia.

Paul Hastings received Asian-Counsel's "Deal of the Year 2006" award for its work in several landmark deals including: the firm’s representation of Wal-Mart in the sale of its South Korean retail operation and for the firm’s representation of Japan Bank for International Cooperation (JBIC) in its financing of the Tangguh LNG project, and the Vodafone/Softbank deal. Paul Hastings received an "Honourable Mention" for its representation of Sumitomo Corporation and Sumitomo Corporation (China) Holding Ltd. (Sumitomo), Japan’s third largest trading company, in the acquisition of shares in Henan Topfond Pharmaceutical Co., Ltd., one of China’s largest State-owned pharmaceutical companies. These awards will appear in the Jan/Feb 2007 issue of Asian Counsel.

Paul Hastings role in the Stanchart CMBS transaction was recognized in The Asset’s "Best Cross-Border Securitization" deal.
In addition, Paul Hastings was recognized by FinanceAsia as the "Best REIT Deal of Year" for its representation of CapitaLand Limited and CapitaRetail China Trust Management Limited on the S$250 million (approximately US$162.6 million) initial public offering of the CapitaRetail China Trust real estate investment trust.

Recognition of our work in Asia by these publications is a significant achievement that demonstrates the depth of our corporate finance-related practice across Asia and our broad capabilities in securitization, leveraged finance, M&A, real estate finance/ECM, and project finance.