Paul Hastings, a leading global law firm, announced today that the firm, advised Medica France, an owner and provider of retirement and nursing homes in France and Italy, in connection with the completion of the sale/lease-back of 15 retirement facilities worth €131 million ($175 million) over 12 years. A banking consortium led by Natixis Lease purchased the portfolio of retirement facilities, which provide beds for 1,100 elderly persons. Terms of the transaction allow Medica France to retain an option for repurchasing the assets.

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Paul Hastings LLP, a leading global law firm, announced today that the firm has advised Capita Asset Services, Europe’s largest provider of loan services to financial institutions’ loan portfolios and securitised pools of commercial mortgage loans, in connection with the restructuring, the proposed insolvency plan proceedings of the borrowers and sale of the Xanadu loan owned by Cornerstone Titan 2007-1 PLC with a nominal amount of over €266 million outstanding. Cornerstone Titan 2007-1 was originally a securitisation of 32 commercial mortgage loans originated by Credit Suisse and Capmark Bank Europe, with an aggregate balance of EUR1.32bn.The transaction is subject to several closing conditions.

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Jackson Lewis LLP, one of the country’s largest and fastest-growing workplace law firms, is pleased to announce the opening of an office in Grand Rapids, Michigan. Timothy J. Ryan and Linda L. Ryan, both formerly with Kotz Sangster Wysocki P.C., have joined the office as Partner and Of Counsel, respectively.

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Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, is pleased to announce the opening of its San Diego office. Spencer Skeen, who joins Ogletree Deakins from Fisher & Phillips, will serve as the founding and managing shareholder. The San Diego office, which is expected to grow quickly, is the firm’s fifth in California and part of the network of offices throughout the state that includes Los Angeles, Orange County, San Francisco, and Torrance. San Diego is the fourth new office that Ogletree Deakins has opened in less than a year, and it extends the firm’s growth trend.

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