Paul Hastings Team Assists Korean Air Lines with Major Development Project

Paul Hastings, a leading global law firm, announced today that the firm, recently helped Korean Air Lines reach important milestones for its Wilshire Grand redevelopment project in downtown Los Angeles. Korean Air Lines has now begun work on its approximately $950 million mixed use project, located at one of the prime locations in the financial district. Korean Air Lines recently began demolishing the existing obsolete hotel and will start vertical construction later this year. The project, which is currently the largest private construction project in Los Angeles, will consist of a 900 room four plus star hotel with ballrooms and convention facilities, approximately 380,000 square feet of office space and 200,000 square feet of restaurants, retail and other amenities in a single 72 story tower with attached podium building. Construction of the project will continue through 2016 and the project opening is scheduled for January 2017.

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Tags:  Paul Hastings, LLP | Los Angeles

Paul Hastings Represents Royal Bank of Canada in $150 Million Loan to Dynegy

Paul Hastings, a leading global law firm, announced today that the firm, represented the Royal Bank of Canada as administrative agent and RBC Capital Markets, Barclays Bank PLC, Citigroup Global Markets, Inc., Deutsche Bank Securities Inc., Goldman Sachs Bank USA, and UBS Securities LLC, as Joint Bookrunners and Joint Lead Arrangers in connection with a $150,000,000 revolving facility loan for Dynegy Power, LLC, a subsidiary of Dynegy, Inc, a company that provides wholesale power, capacity and ancillary services to utilities, cooperatives, municipalities and other energy companies.

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Tags:  Paul Hastings, LLP | New York

Ogletree Deakins Bolsters Immigration Practice, Adds Shareholder Jacquelyn Maroney

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, is pleased to welcome Jacquelyn (Jacky) Maroney as a shareholder in its Austin office. Maroney joins Ogletree Deakins from Fulbright & Jaworski L.L.P., where she led the immigration practice in the firm’s Austin office.

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Tags:  Ogletree Deakins | Austin