Paul Hastings Bolsters Global Finance and Restructuring Practice with Addition of Kevin Fisher to New York

July 18, 2006

Paul Hastings Bolsters Global Finance and Restructuring Practice with Addition of Kevin Fisher to New York

New York, NY (July 18, 2006) - Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, is pleased to announce that Kevin Fisher, previously at White & Case LLP, will join the firm's Corporate Department, resident in the New York office. Kevin's practice is focused on commercial finance and restructuring, including both in court and out of court reorganizations.

"Over the last few years Paul Hastings has built a top-tier international finance and restructuring practice throughout the U.S., Europe and Asia," said Robert Miller, Corporate Department Global Chair. "The addition of Kevin, a leading practitioner in the field, will enhance our ability to further serve our global clients in the world's leading financial centers, such as New York, London and Hong Kong, and add further depth to our corporate transactional practice in New York."

Mr. Fisher has over 20 years' experience in finance and restructuring transactions. He has advised private equity investors, senior and subordinated lenders, commercial banks, investment banks, institutional investors and acquisition financiers, as well as represented both lenders and borrowers on an array of domestic and international restructurings and workouts. He has led a number of highly leveraged transactions, acquisition finance transactions, and syndicated deals. For example, Kevin represented the committee of creditors of SK Global in restructuring and international proceedings. The insolvency proceedings, which commenced in the US, Asia and Europe, were the first test of Korea's new insolvency scheme. This deal was named International Financial Law Review's Asia Restructuring Deal of the Year.

Kevin is a fellow of the American College of Commercial Finance Lawyers and the American Law Institute. In 2005, he was named one of the Leading Insolvency and Restructuring Lawyers in the United States by International Financial Law Review.

Paul Hastings Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,000 attorneys in 17 offices. The firm serves a diverse client base including many of the top financial institutions and Fortune 500 companies, supports clients in all of their legal needs 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.