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Paul Hastings Advises Arrangers on Pioneering China LBO
Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, represented ABN AMRO Bank (ABN) and The Royal Bank of Scotland (RBS), the lead arrangers of financing for the leveraged buyout of Plantation Timber Products (PTP) by funds advised by CVC Asia Pacific Limited.

PTP, a Chinese timber business, was previously owned by Carter Holt Harvey, a leading New Zealand wood products company.

Commenting on the deal, Brett King, leverage finance partner at Paul Hastings, said, "We are delighted to have represented ABN and RBS on this ground-breaking transaction. The deal is particularly significant because it is one of the first true management buyouts to be completed in the People's Republic of China. Within the next five years, China is expected to become the largest market for leveraged finance transactions in Asia, and deals like PTP are leading the way."

The transaction further bolsters Paul Hastings' expertise in structuring some of the most innovative and award-winning leveraged finance transactions in the Asia-Pacific Region.

The Paul Hastings team was led by partners Brett King and Alex Regan and associates Jeremy Low, Lucille Kiang, and Steven DeGracia.

10-19-2006

Dewey Hires Weil Gotshal Litigation Partner
Legal Week reported the hire of litigation partner Paul Victor resident in the firm’s New York office. His practice covers criminal and civil litigation. Before entering private practice, Victor spent almost three years with the Justice Department’s antitrust division in Washington DC.

10-19-2006

Carlton Fields Attorney, Johanna Wills Clark, Elected to the Board of Directors of the Historical Society of Central Florida
The law firm of Carlton Fields is pleased to announce that Orlando attorney, Johanna Wills Clark was recently elected to the Board of Directors of the Historical Society of Central Florida. This is the official not-for-profit entity that supports and promotes the Orange County Regional History Center.

Clark practices in the area of product liability and bad-faith insurance litigation. She is a member of The Florida Bar and the Orange County Bar Association. She is also a member of the Defense Research Institute.

Clark graduated cum laude with B.S. from the Florida State University in 1995. She attended the University of Montpellier Law School in Montpellier, France during the summer of 1998 where she earned high honors. She received a J.D., with honors, from the University of Florida College of Law in 1999.

10-19-2006

Clifford Chance advises on the sale of Löwen Play
The shareholders of the amusement arcade operator Löwen Play, Bingen, who were advised by DDN Capital Partners, were further assisted by the international law firm Clifford Chance in connection with the sale of their shares.

Löwen Play is the second largest amusement arcade operator in Germany. The company has in excess of 4,000 gambling machines in more than 170 amusement arcades. Löwen Play employs approximately 700 staff and records a turnover of some EUR 50 million.

The majority interest in Löwen Play was acquired by Waterland Private Equity, an independent investment company which is active in Germany, the Netherlands and Belgium.

The amount of the purchase price has not been disclosed.

The advisory team of Clifford Chance comprised of partner Mario Schmidt and associate Dr. Stefan Jörgens (both lead advisors) as well as associates Dr. Robert Bewilogua, Ingo Bednarz and Carsten Maybach – all Corporate, Frankfurt am Main – and counsel Dr. Stefan Middendorf (Employment Law, Düsseldorf).

10-19-2006

Syracuse Attorney to Present at the 2006 Industry-Environment Conference of the Business Council of New York State
Mr. Kogut, together with Stu Spiegel of O'Brien & Gere Engineers, will address EPA's new "All Appropriate Inquiries" rule, which defines the requirements for Phase I Environmental Site Assessments.

10-19-2006

THREE ASSOCIATES JOIN CLEVELAND OFFICE OF TAFT, STETTINIUS & HOLLISTER LLP.
The following three associates have joined the Cleveland office of Taft, Stettinius & Hollister LLP, Robert I. Koury, Hema Prabhu and Mary M. Schwebach.

Koury received his law degree from Cleveland Marshall College of Law. Prabhu and Schwebach received their law degrees from Case Western Reserve University School of Law.

Taft, Stettinius & Hollister LLP has offices in Cleveland, Columbus, Dayton, Cincinnati and Northern Kentucky. The firm provides a broad range of legal services to businesses and individuals, including litigation, corporate and business law, securities and municipal financing, tax and estate planning, labor and employment law, real estate and environmental, health care, intellectual property and unfair competition and antitrust law.

10-19-2006

EIGHT ASSOCIATES JOIN CINCINNATI OFFICE OF TAFT, STETTINIUS & HOLLISTER LLP
Eight associates have joined the Cincinnati office of Taft, Stettinius & Hollister LLP.

Joining the firm’s Business and Finance Department are Christopher A. Deabler, Harukuni Ito, Hiroshi Kataoka, Lynn M. Schulte and Scott R. Stanley.

Joining the Litigation Department are Amy L Higgins and Beth Ann Thurman.

Joining the Tax, Probate & Estate Planning Department is Michael S. Williams.

Deabler and Ito received their law degrees from Northwestern University Law School. Higgins, Schulte and Williams received their degrees from the University of Cincinnati College of Law. Kataoka graduated from Pennsylvania State University Dickinson School of Law. Stanley received his law degree from the University of Dayton School of Law, and Thurman from the University of Kentucky College of Law.

Taft, Stettinius & Hollister LLP has offices in Cincinnati, Columbus, Cleveland, Dayton and Northern Kentucky. The firm provides a broad range of legal services to businesses and individuals, including litigation, corporate and business law, securities and municipal financing, tax and estate planning, labor and employment law, real estate and environmental, health care, intellectual property and unfair competition and antitrust law.

10-19-2006

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