Paul Hastings Enhances Leveraged Finance Practice with Addition of Michele Cohen

June 15, 2006

Paul Hastings Enhances Leveraged Finance Practice with Addition of Michele Cohen

New York, NY (June 15, 2006) – Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, is pleased to announce that Michele Cohen, previously a partner at Cadwalader, Wickersham & Taft, will join the firm’s Corporate Department, resident in the New York office. Ms. Cohen’s practice focuses on the structuring and negotiation of sophisticated finance transactions.

“One of the core strategies of the Corporate Department is to build our domestic and international bank finance capabilities, particularly in New York and London,” said Robert Miller, Corporate Department Global Chair. “Michele’s expertise will allow us to add depth in a key component of our practice and will significantly enhance our reputation in large banking and commercial finance transactions.”

Ms. Cohen brings 17 years of banking and corporate finance experience to the firm. She has extensive experience in all aspects of leveraged and investment grade acquisition finance, out of court restructurings and other complex public and private finance transactions. In particular, she has extensive experience in acquisition financings, leveraged restructurings and refinancings, and other syndicated lending transactions, in addition to high-yield bond issuances, senior and subordinated bridge financings, project and structured financings, and private placements. She represents clients in both US and international transactions.

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.