Paul Hastings Advises MacFarlane-Chang, LLC in Acquisition of Major League Soccer's D.C. United

January 08, 2007

Paul Hastings Advises MacFarlane-Chang, LLC in Acquisition of Major League Soccer's D.C. United

New York, (January 8, 2007) - Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, represented MacFarlane-Chang, LLC in the acquisition of D.C. United of Major League Soccer (MLS) from the Anschutz Entertainment Group (AEG), a wholly-owned subsidiary of the Anschutz Company.

The new ownership group, D.C. United Holdings - which paid $33 million in cash for the four-time champion of MLS and assumes control of D.C. United immediately - will be a "majority minority," in that a majority interest in the team's operating rights will be held by individuals who are racial/ethnic minorities. Lead by MacFarlane Partners, the ownership group consists of local and national business executives.

The Paul Hastings team included partners Charles Baker, Larry Hass, Charles Hamilton, Andrew Short and associates Kelly Hodges, Jinho Justin Im and Peter E. Ollen.

About Victor B. MacFarlane Victor B. MacFarlane is founder and managing principal of MacFarlane Partners, one of the leading minority-owned real estate investment management firms in the U.S., with $11.7 billion in assets under management. Headquartered in San Francisco, MacFarlane Partners invests in property markets nationwide on behalf of its pension-fund clients and operates regional offices in Washington, D.C.; Los Angeles; and the greater New York metropolitan area.

Paul Hastings Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,100 attorneys in 18 offices. The firm serves a diverse client base including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in Banking and Finance, Capital Markets, Corporate/M+A, Litigation and Dispute Resolution, Intellectual Property, Project Finance, Investment Management, Real Estate, Labor and Employment and Tax Advisory Services. For additional information, please visit our website at www.paulhastings.com.