Paul Hastings Represents Xinyuan Estate Co. in Acquisition Williamsburg Property

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Xinyuan Real Estate Co., a Beijing-based company that is listed on the NYSE, in its $54 million acquisition of a parcel of land at 421 Kent Avenue, Williamsburg, New York City. The site was acquired from an entity controlled by New York real estate investor Richard Kalikow.

More >>

Tags:  Paul Hastings, LLP | New York

Pinsent Masons Expands Munich Office with Double Hire

International law firm Pinsent Masons has strengthened its practice in Germany with the arrival of two senior lawyers in its Munich office. Christian Lütkehaus arrives from Portelet, a boutique advisory and asset management firm with offices in Mumbai (India), Shanghai, Singapore and Zurich, co-founded by him in 1997. He will be joined by Dr. Holger Kessen, who was a partner at the Munich office of v. Boetticher Hasse Lohmann.

More >>

Tags:  Pinsent Masons LLP | Germany

Novak Druce + Quigg and Connolly Bove Formally Approve Merger To Create IP Super Boutique

The partnerships of Novak Druce + Quigg LLP and Connolly Bove Lodge & Hutz LLP, jointly announced today that their merger discussions have progressed ahead of schedule. The firms have officially voted and executed agreements to merge effective January 1, 2013, creating the 7th largest IP boutique in the U.S. The new firm, to be known as Novak Druce Connolly Bove + Quigg LLP, will boast more than 140 attorneys, agents and technical advisors across seven offices.

More >>

Tags:  Novak Druce Connolly Bove + Quigg LLP | Houston

Nixon Peabody Advises Wells Fargo in $621 Million Deal to Refinance Mortgage Loan for New York City Cooperative; Loan Preserves Affordable Housing for Thousands of Bronx Families

The U.S. Department of Housing and Urban Development (HUD) has announced a $621 million deal to refinance a previous mortgage at Co-op City, a large cooperative housing community that is home to more than 57,000 residents in the Bronx, New York. As announced by HUD Secretary Shaun Donovan, HUD and Wells Fargo Bank N.A. closed on the loan that will preserve long-term affordable housing for these families and significantly lower annual interest payments for the building’s owner over the next 35 years. The new mortgage is backed by the Federal Housing Administration’s (FHA) General Insurance and Special Risk Insurance (GI/SRI) Fund. Nixon Peabody LLP provided legal counsel to Wells Fargo Bank N.A.

More >>

Tags:  Nixon Peabody LLP | New York