Paul Hastings Bolsters Asia Real Estate Practice with the Arrival of Derek Roth in Hong Kong

September 15, 2010

Hong Kong (September 15, 2010) - Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that Derek Roth, a partner in the firms real estate practice, has relocated to Hong Kong from the firms Los Angeles office. Mr. Roths relocation to Hong Kong will bolster Paul Hastings Asia real estate practice with additional expertise in the areas of property, finance, and cross-border transactions. The strategic move follows an increase in the amount of outbound real estate deals that the firm is handling for its Asian clients as well as international clients investing in Asia.

Dereks move to Hong Kong will further strengthen the firm's well established presence in Asia and reaffirms our commitment to providing the very best service to our real estate clients. Our global real estate team has been growing from strength to strength on the back of strong support from our clients. Dereks relocation to Asia will significantly enhance our ability to serve our clients in their cross-border real estate deals. said Philip Feder, Global Real Estate Department Chair.

Paul Hastings has a cutting edge real estate practice in Asia with dedicated real estate partners based in each of its Asian offices located in Beijing, Hong Kong, Shanghai and Tokyo. Lawyers at Paul Hastings have recently advised on some of the most innovative transactions in the region including the first successful formation of a real estate RMB Fund, set up by Prax Capital Management, and the US$475 million pre-IPO restructuring of Glorious Property Holdings. The team is frequently recognized for its successful work on behalf of its clients, recent accolades in Asia include:

• Real Estate Law Firm of the Year Asian-Counsel.
• Law Firm of the Year in Asia 2006-09 Private Equity Real Estate.
• Real Estate and Construction Deal of the Year, for the firms work on US$475 million pre-IPO restructuring of Glorious Property Asian Legal Business.
• Currently shortlisted for Real Estate Law firm of the Year Asia Legal Business.

About Derek Roths Practice:

Derek Roth concentrates his practice primarily on real estate private equity and joint ventures, finance, acquisitions and dispositions, development and fund formation on behalf of opportunity funds, investment banks, pension funds, equity investors, developers and lenders. He has extensive experience with a variety of real estate asset types, including office, hotel, residential, retail, data center and industrial properties. He is a member of Paul Hastings' resort, restaurant and recreation practice group and has worked on numerous transactions relating to all aspects of the hospitality industry.

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.