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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McGuireWoods LLP today announced that Neil Rust has joined the firm’s banking and finance group in Los Angeles as a partner. He brings to the firm a broad transactional practice that includes representing domestic and international clients in connection with middle market, investment grade and leveraged finance, mergers and acquisitions, and other corporate work.

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Avery Dennison Corporation has announced a definitive agreement to sell its Office and Consumer Products business and Designed and Engineered Solutions business to CCL Industries Inc. for $500 million in cash. The transaction is subject to customary closing conditions and regulatory approvals.

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Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, has added Monica Quinn as a shareholder in its Downtown Los Angeles office. Quinn was previously a partner at Allen Matkins Leck Gamble Mallory & Natsis LLP’s Los Angeles office.

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Laura M. Burson has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Intellectual Property practice group, based in the firm’s Los Angeles office. Burson joins from Kirkland & Ellis in Los Angeles.

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Alfred W. “Chip” Sloan has joined LeClairRyan as a shareholder on the Sports Industry and Corporate Services Practice Area teams. He will be resident in the national law firm’s Los Angeles office.

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The firm represented ZM Capital, L.P., certain of its affiliates and certain co-investors in the acquisition of Payroll Holdings, LLC (“Cast & Crew”) announced today. Terms of the deal, which closed December 24, 2012, were not disclosed.

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Paul Hastings LLP, a leading global law firm, announced today that that the firm represented EIG Global Energy Partners (“EIG”), a leading institutional investor to the global energy sector, in connection with the settlement of a lawsuit filed by EIG challenging the proposed acquisition of The TCW Group by certain investment funds operated by The Carlyle Group.

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Katten Muchin Rosenman LLP announced today that Fred Bernstein has joined the firm as a partner in its Entertainment and Media Practice. Bernstein is an industry veteran who has worked both in private practice and as a top studio executive for many years.

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In a major victory for Toyota and the auto industry generally, on January 9, 2013, Loeb & Loeb LLP’s Consumer Protection Defense attorneys successfully defeated a motion for class certification in a multidistrict litigation over customer complaints related to the anti-lock brake (ABS) systems in 2010 Prius and Lexus HS25h vehicles.

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