Paul Hastings Enhances Real Estate Department With Addition of Partner Mitchell Menzer

June 12, 2006

Paul Hastings Enhances Real Estate Department With Addition of Partner Mitchell Menzer

Los Angeles, CA (June 12, 2006) - Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, is pleased to announce that Mitchell Menzer, previously at O'Melveny & Myers LLP, will join the firm's Real Estate Department, resident in the Los Angeles office. Menzer's practice focuses on the representation of real estate funds and other investors, and sophisticated real estate developers in the purchase, sale, financing and land use approvals with respect to real estate projects.

"Our global real estate department is highly recognized in the U.S., Asia and throughout Europe," said Philip Feder, Chair of Paul Hastings' Real Estate Department. "Adding top talent to further enhance the depth and breadth of the practice is always a top priority. Mitch's strong institutional transactional experience coupled with his extensive land use expertise will play a key role in expanding the scope of our representation of institutional real estate investors and developers."

Menzer's clients have ranged from the Morgan Stanley Real Estate
Fund, the J.E. Robert Companies, DLJ Real Estate Capital Partners, Southbrook Equities, Union Pacific Resources, and Mitsubishi Corporation, among others.

Menzer served on the Los Angeles City Planning Commission from 2000 to 2004 and as the president of the Commission 2002-2003. As a member of the Commission, he led efforts to reform the zoning code and land use approval procedures, with a particular focus on increasing housing production in Los Angeles. He has represented developers and investors in land use matters in numerous jurisdictions. Additionally, he serves as a member of the California's Resources Agency CEQA Advisory Group. He is active with the Urban Land Institute, the USC Lusk Center for Real Estate, the Trust for Public Land and the Center for Creative Land Recycling.

Paul Hastings Real Estate Department: With over 170 attorneys, Paul Hastings has one of the largest real estate practices of any international law firm. Recognized for its excellence, the firm's partners' cumulative experience extends to the lending, acquisition, leasing and investment of real estate assets on a national and international scale. The department has been at the forefront of the introduction of international standards and practices to the acquisition, financing and workout of non-performing secured and unsecured real estate and corporate loans and assets.

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.

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