Paul Hastings Continues Atlanta Expansion with Addition of Market-Leading Healthcare Lawyers

April 11, 2012

Atlanta, GA (April 11, 2012) - Paul Hastings LLP, a leading global law firm, announced today that Phillip Street and Craig Smith, market-leading healthcare lawyers, have joined the firm's Healthcare and Life Sciences practices in Atlanta. They both join from Kilpatrick Townsend & Stockton, where Mr. Street co-chaired the Health and Life Sciences group.

"Phillip is a high-profile healthcare lawyer with a national practice and unique, highly-valued expertise in intellectual property commercialization," said James Owens, chair of the firm's Healthcare practice. "Phillip and Craig's addition will help us reinforce the investments we have made in our transaction, litigation and private equity practices across the healthcare and life sciences industry and will help strengthen our top-tier Healthcare and Life Sciences practices during a time of tremendous industry growth and transformation," he added.

"We are delighted to be welcoming more talented lawyers to our growing Atlanta office," said Phil Marzetti, chair of the Atlanta office. "Phillip and Craig's background complements our global investment in IP and technology, which are evident with our recent hires in Atlanta. These related investments will be critical to helping us take advantage of the increased demand we expect to see from the wide-range of players who will be impacted by the impending transformation of the US healthcare industry," he added.

Mr. Street has practiced law in the life sciences/healthcare field since 1986. His primary areas of practice include healthcare and life sciences transactions, including business formations, strategic alliances, venture financings, mergers, acquisitions and joint ventures and the commercialization of life sciences research. He serves as legal advisor to hospital systems and life sciences companies, medical research organizations (pre-clinical and clinical), physician research consortiums, pharmaceutical and biotechnology corporations, medical device companies, academic medical research universities, physician organizations, healthcare providers, and other healthcare and life sciences-related entities.

Mr. Smith focuses his practice on the representation of private and non-profit clients in the healthcare and health and life science industries, including health systems, hospitals, medical groups, physician groups, long term care facilities, continuing care retirement facilities, hospice providers, medical device companies, clinical research organizations, and research consortiums. He has extensive experience in representing clients in the healthcare and health and life science industries in connection with mergers and acquisitions, joint ventures, commercial contracts, licensing and commercialization transactions, all types of financing including commercial lending, bond and venture capital transactions, restructurings, regulatory and corporate governance matters.

Mr. Street and Mr. Smith's arrival follows the addition of Atlanta Intellectual Property partners Steven Park, who joined in August 2011, and Robin McGrath, who joined in September 2011.

Paul Hastings LLP 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.